Major Beneficial Owners

As of 30 August 2026

Name

Country

Shares

% ISC

Government of Norway NO 738,432,900 53.97%
Folketrygdfondet NO 59,577,436 4.35%
BlackRock US 37,174,890 2.72%
Vanguard US 29,216,891 2.14%
DWS Investments DE 21,055,263 1.54%
Storebrand Asset Management NO 20,752,421 1.52%
DNB Asset Management AS NO 17,120,796 1.25%
KLP Kapitalforvaltning AS NO 13,597,686 0.99%
Nordea Funds FI 12,025,089 0.88%
Thornburg Investment Management Inc US 11,462,105 0.84%
Telenor ASA NO 8,912,580 0.65%
Handelsbanken Fonder SE 7,833,753 0.57%
JPMorgan Asset Management US 7,033,450 0.51%
Alfred Berg Kapitalforvaltning NO 6,984,260 0.51%
State Street Investment Management US 6,311,295 0.46%
Swedbank Robur Fonder SE 5,851,553 0.43%
Kuwait Investment Authority KW 5,363,337 0.39%
Amundi FR 5,039,375 0.37%
UBS Asset Management CH 4,673,394 0.34%
ODIN NO 4,600,000 0.34%

The data is provided by Modular Finance and is obtained through analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians in relation to Telenor’s share register provided by Euronext VPS as of 31 August 2026.

Shareholder list including disclosure of nominee accounts

A list of Telenor’s beneficial shareholders as at 31 August 2026 including disclosure of nominee accounts can be found here.

Shareholder register

Full list of Telenor’s shareholders can be accessed through the Public Shareholder Portal provided by Euronext Securities.

Historic archive

Shareholders as of 2026

Shareholders as of 2025

Shareholders as of 2024

Shareholders as of 2023

Shareholders as of 2022

Shareholders as of 2021

Shareholders as of 2020

Shareholders as of 2019

Shareholders as of 2018

Shareholders as of 2017

Shareholders as of 2016

Shareholders as of 2015