Changes in Group Executive Management of TeliaSonera

Changes in Group Executive Management of TeliaSonera

25 June 2015

TeliaSonera regroup its Executive Management. H l ne Barnekow assumes the position of EVP Sweden, while Malin Frenning will take on a new role in Group Executive Management as SVP overseeing technology and transformation. Sverker Hannervall will leave TeliaSonera.

H l ne Barnekow assumes the role of EVP Sweden and part of Group Executive Management. H l ne Barnekow has been with TeliaSonera since April 2014 as head of Group Commercial, where she has been crucial in setting the agenda to transform TeliaSonera to a New Generation Telecom. She has previously been with EMC, SonyEricsson and Ericsson.

Malin Frenning will take on a role in the Group Executive Management as SVP overseeing Group Technology and the ongoing transformation program, called Invest to save . Malin Frenning has a long background in TeliaSonera and Telia and has during the last 18 months successfully established a new leading integrated company in Sweden with 10 million customers within mobile, fixed telephony, fixed broadband and TV. She has also established the transformation program Invest to save that will deliver 1.3 billion SEK in full run rate savings annually from 2018.

Sverker Hannervall, the Group CTO, will leave TeliaSonera after seven years in Group Executive Management in various positions. Sverker has been part of establishing a new operating model and has been an important part of the change in TeliaSonera. During his notice period of twelve months Sverker Hannervall will remain as a senior adviser to CEO and GEM in ICT related strategic matters.

For Group Commercial Jonas Hasselberg and Jannike Gr ner will be co-acting Group CCO and for Group Technology Staffan kesson will be acting Group CTO.

All changes are effective from July 1 st.

TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 8.30 a.m. CET on June 25, 2015.

For more information, please contact the TeliaSonera press office +46 771 77 58 30, press@teliasonera.com, visit our Newsroom or follow us on Twitter @TeliaSoneraAB.

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also a leading wholesale provider who owns and operates one of the world's most extensive fiber backbones. In 2014, net sales amounted to SEK 101.1 billion, EBITDA to SEK 35.2 billion and earnings per share to SEK 3.35. The TeliaSonera share is listed on Nasdaq Stockholm and Nasdaq Helsinki. Read more at www.teliasonera.com.

LINK:	http://www.teliasonera.com/en/newsroom/press-releases/2015/6/changes-i...
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