CEO and Group Executive Management

The CEO is responsible for the company’s business development, and leads and coordinates the day-to-day operations in accordance with the Board’s instructions for the CEO and other decisions made by the Board.

Headed by the CEO, the Group Executive Management currently comprises of the CEO, CFO, General Counsel and Head of Corporate Affairs, Head of Group People and Brand, Head of Group Communications, Head of Global Services and Operations, Head of CEO Office; Strategy & Combined Assurance, Head of Telia Sweden, Head of Telia Norway, Head of Telia Finland and Head of Cluster (LED - Lithuania, Estonia, Denmark). Group Executive Management meets on a monthly basis. The meetings are devoted to follow-up on strategic and business performance, major change programs, risks and other issues of strategic nature and group-wide importance.

In 2015 a separate Steering Committee was established for region Eurasia, which is chaired by the CEO. The Steering Committee has the overall strategic responsibility for region Eurasia. The Head of region Eurasia presents the operations of the region to the Steering Committee. The model ensures continued strong governance and alignment within the group, while allowing Group Executive Management to focus on the current strategic core markets in the Nordics and Baltics.

The members of Group Executive Management are presented in more detail, including remuneration and holdings of Telia Company shares, at the end of this Statement.