Last updated 2 February 2022.

Guidance

Organic Service Revenues*

Low single digits

Organic EBITDA

Around 2021 level or slightly higher

Capex/sales

16-17%

Organic service revenue growth in fixed currency, adj. for acquisitions and disposals. EBITDA before other items. Capex excl. licences and spectrum.

*Consist of mobile and fixed subscription and traffic, and services that are currently not included in subscription and traffic revenues such as IoT, maritime communication and other end user related services in mobile and fixed operations.