Shareholders as of 31 May 2019

Flagging announcements

Major shareholders from beneficial ownership

As of 31 March 2019

Shareholder % of total No. of shares
Government of Norway 54.5% 794 075 367
Folketrygdfondet 4.9% 71 189 023
BlackRock 1.9% 27 330 110
The Vanguard Group 1.5% 22 091 239
DWS 1.4% 20 525 859
Lazard Asset Management 1.3% 19 557 412
Storebrand Kapitalforvaltning 0.9% 13 676 123
JPMorgan Asset Management 0.9% 13 513 518
Acadian Asset Management 0.9% 13 047 861
KLP Forsikring 0.8% 12 081 770
DNB Asset Management 0.8% 11 341 660
SAFE Investment 0.6% 9 371 171
State Street 0.6% 8 208 916
APG Asset Management 0.6% 8 090 623
Danske Capital 0.5% 7 934 355
Aberdeen Standard Investments 0.5% 7 418 509
Pyrford International 0.5% 7 323 501
BlackRock Advisors 0,4% 6 487 254
Allianz 0.4% 5 985 271
Schroder Investment Management Ltd 0.4% 5 728 262
Total 20 largest 74.41 % 1 084 977 804
Others 25.59 % 386 480 227
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 May 2019

Shareholder % of total No of shares
Government of Norway 54.0 794 075 367 NOR
Folketrygdfondet 4.9 71 544 023 NOR
CLEARSTREAM BANKING NOM 1.3 19 680 295 LUX
State Street Bank NOM 1.3 18 738 887 USA
State Street Bank NOM 1.2 17 987 680 USA
State Street Bank NOM 1.1 16 891 906 USA
TELENOR ASA 1.0 14 849 742 NOR
JPMorgan Chase Bank NOM 1.0 14 196 828 USA
JPMorgan Chase Bank NOM 0.9 13 755 033 GBR
J.P. Morgan Bank NOM 0.8 11 915 028 GBR
State Street Bank NOM 0.7 10539812 USA
The Northern Trust NOM 0.7 10 532 108 GBR
State Street Bank NOM 0.7 10 359 740 USA
The Bank of New York NOM 0.6 9 217 679 BEL
J.P. Morgan Bank Luxembourg NOM 0.6 8 200 799 GBR
VERDIPAPIRFONDET DNB NORGE 0.5 7 743 267 NOR
State Street Bank NOM 0.5 7 531 384 USA
KLP AKSJENORGE INDEKS 0.4 6 561 146 NOR
The Bank of New York NOM 0.4 6 484 603 USA
Euroclear Bank S.A./N.V. NOM 0.4 6 100 121 BEL
Total 20 largest 73.19 1 076 905 448
Others 26.81 394 552 583
Total shares 100 1 471 458 031