Shareholders as of 31 January 2019

Flagging announcements

Major shareholders from beneficial ownership

As of 31 December 2018

Shareholder % of total No. of shares
Government of Norway 54.5% 794 075 367
Folketrygdfondet 5.1% 74 626 601
BlackRock Institutional Trust Company 1.9% 27 060 212
DWS Investment 1.4% 20 613 517
The Vanguard Group 1.3% 18 792 894
Lazard Asset Management 1.3% 18 382 125
JPMorgan Asset Management 0.9% 13 675 462
Storebrand Kapitalforvaltning 0.9% 13 537 693
KLP Forsikring 0,8% 11 875 716
Acadian Asset Management 0.8% 11 569 609
DNB Asset Management 0.7% 10 693 401
SAFE Investment Company 0.6% 9 371 171
APG Asset Management 0,6% 8 854 291
State Street Global Advisors (US) 0.6% 8 116 429
Danske Capital (Norway) 0.5% 7 794 355
Pyrford International 0.5% 7 172 993
Standard Life Investments 0,5% 6 709 353
Schroder Investment Management 0.4% 6 220 871
Allianz Global Investors 0.4% 5 954 958
BlackRock Advisors (UK) 0.4% 5 941 198
Total 20 largest 0.00 % 1 081 038 216
Others 100.00 % 390 419 815
Total shares 100 % 1 471 458 031

The data is provided by Nasdaq Advisory Services and is obtained through an analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians on the Telenor VPS share register. Every reasonable effort has been made to verify the data, however neither Telenor nor Nasdaq Advisory Services can guarantee the accuracy of the analysis.

Major shareholders from shareholder register

As of 31 January 2019

Shareholder % of total No of shares
Government of Norway               54,0 794075367 NOR
Folketrygdfondet                 4,9 72239023 NOR
State Street Bank NOM                 1,4 21242048 USA
State Street Bank NOM                 1,2 17833690 USA
CLEARSTREAM BANKING NOM                 1,2 17390397 LUX
State Street Bank NOM                 1,2 17378352 USA
JPMorgan Chase Bank NOM                 1,0 14376959 USA
TELENOR ASA  “TILBAKEKJØP AV EGNE                 0,9 13350090 NOR
JPMorgan Chase Bank NOM                 0,9 13126517 USA
State Street Bank NOM                 0,8 11483036 USA
The Bank of New York NOM                 0,7 10933225 NLD
State Street Bank NOM                 0,7 10160362 GBR
The Northern Trust NOM                 0,7 10127618 USA
VERDIPAPIRFONDET DNB                 0,5 7605120 NOR
JPMorgan Chase Bank NOM                 0,5 6719737 USA
JPMorgan Chase Bank NOM                 0,4 6605535 NOR
KLP AKSJENORGE                 0,4 6561146 USA
Euroclear Bank NOM                 0,4 6276301 GBR
State Street Bank NOM                 0,4 6239875 LUX
INVESCO FUNDS                 0,4 5637105 NOR
Total 20 largest 72,67 1 069 361 503
Others 27,33 402 096 528
Total shares 100 1 471 458 031