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

Headed by the CEO, Group Executive Management currently comprises the CEO, CFO, General Counsel, Head of Group Human Resources, Head of Group Communications, Head of Group Corporate Development, Head of Global Services and Operations and the Heads of regions Sweden and Europe. 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. 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.

As established in 2015, a separate Steering Board, chaired by the CEO, has the overall strategic responsibility for region Eurasia. The Head of region Eurasia presents the operations of the region to the Steering Board. The model ensures continued strong governance and alignment within the group, while allowing Group Executive Management to focus on the New Generation Telco agenda and the home markets in regions Sweden and Europe.

See also section “Governance, Risk, Ethics and Compliance (GREC) meetings.”

Note that the organization structure changed as of January 1, 2017. For further information, see