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Incentive program 2022-2025

The Annual General Meeting on April 28 2022, decided to adopt a performance based incentive program to include in total approximately 200senior executives and other key employees within the Tele2 Group.

The participants in the program are required to own shares in Tele2. These shares can be shares already held or shares purchased on the market in connection with the notification to participate in the program. Thereafter, the participants will be granted, by the company free of charge, retention rights and performance rights depending on the fulfillment of certain stipulated goals. LTI 2022 is estimated to comprise up to 363,000 shares held by the participants entitling to allotment of up to 1,725,000 rights, whereof 363,000 retention rights and 1,362,000 performance rights