DGAP-News:Telefónica Deutschland Holding AG: Withdrawal of Price Reviews 3 and 4 by Drillisch

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Legal Matter/Miscellaneous Telefónica Deutschland Holding AG: Withdrawal of Price Reviews 3 and 4 by Drillisch 29.04.2020 / 08:15 The issuer is solely responsible for the content of this announcement.

Munich, 29 April 2020 Withdrawal of Price Reviews 3 and 4 by Drillisch Drillisch has informed Telefónica Deutschland of its withdrawal of the price review procedures initiated in January 2019 and July 2019 (Price Reviews 3 and 4). In December 2019, the independent expert had already fully confirmed Telefónica Deutschland's MBA MVNO pricing applicable from September 2017 onwards ( Price Review 1) and thus rejected the request of Drillisch for a retroactive price reduction. Further pricing review procedures requested by Drillisch in July 2018 (Price Review 2) and January 2020 (Price Review 5) remain pending. We expect these to be resolved over the next few months. 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

29.04.2020 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: 1032329 MDAX TecDAX End of News DGAP News Service

1032329 29.04.2020