Petras Masiulis appointed Executive Vice President and member of Tele2 Group Leadership Team

Petras will continue to lead Tele2’s operations across the Baltics and report to CEO and President Jean Marc Harion.

-I’m very pleased to welcome Petras to the Group Leadership Team. Under his leadership, Tele2 became the number one mobile operator in Lithuania and has continuously delivered exceptional results across the Baltic region. The way Lithuania, Latvia and Estonia are run – with a strong focus on growth, efficiency and customer satisfaction – is a true benchmark for the entire Tele2 Group, says Jean Marc Harion, CEO and President of Tele2.

Petras Masiulis joined Tele2 in 2003 and has led Tele2 Lithuania ever since. In 2016, he assumed responsibility for the broader Baltic region. Over more than two decades, he has transformed the business into a regional leader in market share, profitability, and brand reputation, earning multiple “CEO of the Year” awards and recognition as one of Lithuania’s most respected business leaders. Prior to joining Tele2, he spent seven years at Colgate-Palmolive. He holds a Master’s degree in Economics from Vilnius University, an MBA from Aalborg University and Global Executive MBA from IESE bussiness school.

For more information, please contact:

Fredrik Hallstan, Head of External Communications Phone: +46 761 15 38 30

Stefan Billing, Head of Investor Relations, Phone: +46 701 66 33 10