OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000U.S. and international securities, today announcedTelenor ASA (Oslo Bors : TEL; OTCQX: TELNF; TELNY), a holding company that provides fixed and mobile communication networks through its subsidiaries, has qualified to trade on the OTCQX® Best Market.Telenor ASA upgraded to OTCQX from the Pink® market.Telenor ASA began trading today on OTCQX under the symbol "TELNF" and "TELNY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market enablesTelenor to provide most transparent trading possible for U.S. investors that would like to tradeTelenor in USD within US trading hours. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. "We are pleased thatTelenor's ADRs and ordinary shares will now trade on the top tier of theU.S. over-the-counter marketplaces. This will ensure improved visibility forTelenor in the overseas market and the best possible standards, accessibility and liquidity forU.S. -based investors that prefer to tradeTelenor stock as USD-quoted securities duringU.S. trading hours. We believe our continued dedication to deliver a combination of profitable growth and dividends will be attractive to U.S. investors," ToneH. Bachke , Chief Financial Officer ofTelenor says.JP Morgan acted as the company's OTCQX sponsor. AboutOTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000U.S. and international securities. OTC Markets' data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com. About theTelenor Group Telenor Group is a leading telecommunications company across the Nordics andAsia . Responsible business conduct is the foundation of how the company operates. Connectivity has beenTelenor's domain since 1855, and the company's purpose is to empower societies and connect its customers to what matters most. We hadNOK99bn in sales in 2022. Investor contact: Frank Maaø, Head of Investor Relations +4791674045
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