Com Hem to merge with Tele2

Tele2 and Com Hem combining to create leading integrated connectivity provider

STOCKHOLM — Tele2 Group, (Nasdaq Stockholm: TEL2 A and TEL2 B) and Com Hem Holding AB, (Nasdaq Stockholm: COMH) today jointly announced that the Board of Directors of Tele2 AB (publ) (“Tele2”) and the Board of Directors of Com Hem Holding AB (publ) (“Com Hem”) have agreed on a combination of Tele2 and Com Hem through a statutory merger in accordance with the Swedish Companies Act (the “Merger”), creating a leading integrated connectivity provider referred to in the announcement as the “Combined Company” or “Enlarged Tele2”. The Merger will be implemented by Tele2 absorbing Com Hem.