Telenor ASA has today engagedDNB Markets , a part ofDNB Bank ASA ("DNB Markets ") to conduct a buyback of own shares to be used in the Company's share programmes in 2024 for employees inTelenor Group . The shares shall be used to meet obligations towards employees who participate in the Company's general employee share plan (ESP). The buyback will be conducted in a period lasting from 04th to 08th ofMarch 2024 . The total purchase amount will beNOK 70,431,808 . The maximum number of shares to be acquired is 1,408,636. The buyback will be done on basis of authorization granted atTelenor ASA's Annual General Meeting on10th May 2023 . The authorization is for buyback of up to 10,000,000 shares to be used in the share programmes, at a share price of minimumNOK 50 and a maximumNOK 250 . For further information, please see the minutes of the AGM and the Annual Report for 2022, both available atTelenor's website: https://www.telenor.com/investors/shareholder-centre/annual-general-meeting/annu al-general-meeting-2023/
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