The Telenor Board of Directors will propose a total dividend of NOK 9.40 per
share for the financial year 2022 to the Annual General Meeting in May 2023.

The dividend will be split into two tranches of NOK 5.00 and NOK 4.40 per share
to be paid in May and October 2023, respectively. The total ordinary dividends
proposed for the financial year 2022 is NOK 13.2 billion. The two tranches will
have separate ex. dividend and record dates. 

The expected dividend dates for 2023 will be available at Telenor Group's
investor site on www.telenor.com/investors/.

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