• Brookfield, investing through its core-infrastructure fund, together with Alecta acquire 49 percent of Telia Company's tower business in Finland and Norway
• The transaction is in line with Telia Company's digital infrastructure strategy which includes partnering to further develop and crystalize asset value
• The transaction price corresponds to an enterprise value for 100 percent of EUR 1,524 million on a cash and debt free basis
• The valuation equals an EV/EBITDA multiple of 27x 2020
• The total cash proceeds to Telia Company fo

"After seven years leading Telia Company's People function, including four years overseeing the company's Brand and Sustainability functions, Cecilia and I have agreed that the time is now right for her to step down from her current position. Cecilia has played a significant role in the development and modernization of Telia's people, culture and values during her tenure and has been a great steward of the company during times of change. I am personally grateful to Cecilia for her support during my onboarding into Telia, and for her valued contribution to our new purpose and strategy, which

• Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone unveil new consumer labelling to identify more sustainable mobile phones
• Eco Rating to roll out across Europe from June 2021, including phones from 12 vendors

Five of Europe's leading mobile operators have joined forces to update and launch a new pan-industry Eco Rating labelling scheme that will help consumers identify and compare the most sustainable mobile phones and encourage suppliers to reduce the environmental impact of their devices.

The Board of Directors has decided to exercise the mandate for buy-back of shares that was approved by the Annual General Meeting on April 12, 2021.

To cover commitments under the "Long Term Incentive Program 2018/2021", approved by the Annual General Meeting in 2018, the Board has decided to buy back a maximum of 619,439 shares, intended to be distributed to the participants by May 23, at the latest.

• Share repurchases can be made between 3 May 2021 and 5 May 2021.