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    TEL2 B   SE0005190238

TELE2 AB

(TEL2 B)
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Delayed Nasdaq Stockholm  -  11:29 2022-06-28 am EDT
117.30 SEK   +1.25%
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Viktor Wallstr÷m, EVP Communications & Sustainability, to leave Tele2

05/12/2022 | 04:01am EDT

Stockholm - Tele2 AB ("Tele2") (Nasdaq Stockholm: TEL2 A and TEL2 B) today announces that Viktor Wallström will leave his position as Executive Vice President Communications & Sustainability to take up the role of Senior Vice President and Head of Group Communication & Brand at Saab. The search for a successor has been initiated.

Viktor joined Tele2 in 2013 and will remain with the company until September 30th 2022 in order to ensure a smooth transition of duties. A successor will be announced as soon as that process has been finalized.

- I would like to thank Viktor for his dedication to Tele2 over many years. I have enjoyed our good conversations and seeing sustainability being so well integrated in Tele2. Viktor deserves a lot of credit for that. I wish Viktor the best of luck in his new role!, says Kjell Johnsen, President and CEO at Tele2.

- It is hard to sum up nine years, but the deep engagement and winner attitude among all members of the Tele2 family is truly unique. I am most proud of the team that I have had the honor to lead, and our achievements ranging from communicating one of Sweden's largest corporate mergers to taking an industry leading position within sustainability. I now look forward to new challenges and following Tele2's continued success from the sidelines, says Viktor Wallström, EVP Communications & Sustainability.

For more information, please contact:
Samuel Maher, Interim Corporate Communications Manager, Phone: +46 73 159 55 02

Tele2's purpose is to enable a society of unlimited possibilities. Ever since Tele2 was founded in 1993, we have continued to challenge prevailing norms and dusty monopolies. Today our networks enable mobile and fixed connectivity, telephony, data network services, TV, streaming and global IoT solutions for millions of customers. We drive growth through customer satisfaction and smart combined offerings. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2021, Tele2 generated revenue of SEK 27 billion and reported an underlying EBITDAaL of SEK 10 billion. For latest news and definitions of measures, please see our homepage www.tele2.com

https://news.cision.com/tele2-ab/r/viktor-wallstrom--evp-communications---sustainability--to-leave-tele2,c3565412

https://mb.cision.com/Main/3372/3565412/1578639.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English

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Sales 2022 27 463 M 2 710 M 2 710 M
Net income 2022 4 972 M 491 M 491 M
Net Debt 2022 30 080 M 2 969 M 2 969 M
P/E ratio 2022 16,3x
Yield 2022 7,61%
Capitalization 80 965 M 7 991 M 7 991 M
EV / Sales 2022 4,04x
EV / Sales 2023 4,02x
Nbr of Employees 4 435
Free-Float 74,9%
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Number of Analysts 22
Last Close Price 117,30 SEK
Average target price 143,84 SEK
Spread / Average Target 22,6%
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Managers and Directors
Kjell Morten Johnsen President & Chief Executive Officer
Charlotte Hansson Chief Financial Officer & Executive Vice President
Carla M. S. Smits-Nusteling Chairman
Yogesh Sanjeev Malik EVP, Chief Technology & Information Officer
Kim Hagberg Chief Operating Officer & Executive Vice President
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