Compliance

This Corporate Governance Statement was adopted by the Board of Directors at its meeting on March 8, 2017. It was prepared according to the Swedish Corporate Governance Code and the Swedish Annual Reports Act and has been examined by the external auditors. The Statement presents an overview of Telia Company’s corporate governance model and includes the Board of Directors’ description of the internal control environment and risk management regarding financial reporting.

It is the opinion of the Board of Directors that Telia Company in all respects complied with the Swedish Corporate Governance Code during 2016.

Further, there was no infringement of applicable stock exchange rules and no breach of good practice on the securities market reported by the Nasdaq Stockholm Disciplinary Committee or the Swedish Securities Council.

Updated information required by the Swedish Corporate Governance Code is available at: www.teliacompany.com/en/about-the-company/corporate-governance/corporate-governance/ 
(Information on the Telia Company website does not form part of this Statement)