The Telenor Board of Directors will propose a total dividend of NOK 9.50 per
share for the financial year 2023 to the Annual General Meeting in May 2024.

The dividend will be split into two tranches of NOK 5.00 and NOK 4.50 per share
to be paid in May and October 2024, respectively. The total ordinary dividends
proposed for the financial year 2023 is NOK 13.1billion. The two tranches will
have separate ex. dividend and record dates. 

The expected dividend dates for 2024 will be available at Telenor Group's
investor site on www.telenor.com/investors/.

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