The executive compensation policy was published on 20 March 2025, and was approved by the Annual General Meeting (AGM), on 21 May 2025. The compensation policy is defined to enable Telenor to attract, engage and retain executives to deliver on the business strategy and contribute to the long-term interests and sustainability of Telenor Group. The compensation policy will be subject to approval by the Annual General Meeting when there is a material change and at least every fourth year in accordance with the Norwegian Public Limited Liability Companies Act, section 6-16a and supplementing regulations.

The executive compensation report for 2025 was published on 26 March 2026, and is pending advisory vote at the Annual General Meeting on 19 May 2026. The report has been prepared in accordance with the Norwegian Public Limited Liability Companies Act, the Accounting Act, and the Norwegian Government’s guidelines for executive compensation, and in line with the Norwegian Code of Practice, all aspects of compensation to the President and CEO and Group Management are presented in the report. The compensation to the Board of Directors and the Corporate Assembly is also captured in the same report.

Telenor Group Executive Compensation Policy

4.6 MB PDF

Telenor Group Executive Compensation Report 2025

2.5 MB PDF