DGAP-News:Telefónica Deutschland Holding AG: Telefónica Deutschland extends contracts of the Executive Management Board

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Personnel Telefónica Deutschland Holding AG: Telefónica Deutschland extends contracts of the Executive Management Board 23.10.2019 / 18:02 The issuer is solely responsible for the content of this announcement.

Munich, 23 October 2019 Telefónica Deutschland extends contracts of the Executive Management Board The Supervisory Board of Telefónica Deutschland resolved upon the extension of the appointments of Valentina Daiber as Chief Officer Legal & Corporate Affairs, Nicole Gerhardt as Chief Human Resources Officer, Alfons Lösing as Chief Partner & Wholesale Officer, Wolfgang Metze as Chief Consumer Officer and Markus Rolle as Chief Financial Officer (CFO) until 31 July 2023 respectively. Chief Information Officer Guido Eidmann has for personal reasons decided not to extend his contract and will leave the company at the end of October in best mutual agreement with the Supervisory Board. Guido Eidmann took a leading role in the integration of Telefónica Deutschland and E-Plus with his team, designing the technological basis for an integrated IT platform. In the process, the successful migration of ~25 million E-Plus customers remains a key achievement. As announced previously, Mallik Rao joined the Management Board of Telefónica Deutschland with a tenure until 31 December 2022. He will take over the role of Chief Technology and Information Officer (CTIO) from Cayetano Carbajo Martin and Guido Eidmann respectively; bringing many years of experience in the same position within the Vodafone Group with him. The contract of CEO Markus Haas has already been extended in February 2019 until 31 December 2022. He will continue to lead Telefónica Deutschland through the digital transformation and under his leadership, the Management Board of Telefónica Deutschland will continue to develop the operational and financial performance of the company and roll out 5G to further improve customer experience in the Telefónica Deutschland network. More Information: Telefónica Deutschland Investor Relations Georg-Brauchle-Ring 50 D-80992 München t +49 (0)89 2442-1010 f +49 (0)89 2442-2000 e ir-deutschland@telefonica.com

23.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Telefónica Deutschland Holding AG Georg-Brauchle-Ring 50 80992 München Germany Phone: +49 (0)89 24 42 0 Internet: www.telefonica.de ISIN: DE000A1J5RX9 WKN: A1J5RX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 895085 MDAX TecDAX End of News DGAP News Service

895085 23.10.2019