Disclosure on management approach

For an understanding of how material aspects have been identified, see Our Company, section “Trends and strategy” and Sustainability Work, section “Sustainability in Telia Company.” For more information about sustainability governance, see Sustainability Work, section “Sustainability in Telia Company” and the Governance section of each respective focus area. The Code of Responsible Business Conduct and other governing documents can be found at www.teliacompany.com/en/about-the-company/public-policy/.

Evaluation of management approach of material aspects is the responsibility of the function responsible for the specific material aspect, and is carried out mainly through internal reporting and assessment, including to Group Executive Management and the Board of Directors. To understand how the management approach of material aspects connected to the Responsible business focus areas was evaluated and revised during 2016, see the respective chapter. The management approach of other material aspects was not significantly revised.