EQS-News: Voluntary public acquisition offer to the shareholders of Telefónica Deutschland Holding AG

MUNICH, 5 December 2023

Voluntary public acquisition offer to the shareholders of Telefónica Deutschland Holding AG

Telefónica Local Services GmbH (“Bidder”), a wholly-owned subsidiary of Telefónica, S.A. with registered office in Madrid/Spain, today submitted a voluntary public acquisition offer to the shareholders of Telefónica Deutschland Holding AG in the form of a partial offer to acquire shares (ISIN DE000A1J5RX9) against payment of a consideration of EUR 2.35 per share ("Acquisition Offer"). The offer document for the Acquisition Offer published today is available on the Bidder's website at https://www.td-offer.com.

The Management Board and the Supervisory Board of Telefónica Deutschland Holding AG will comprehensively review the offer document and publish a reasoned statement on the Acquisition Offer following their evaluation in accordance with the statutory provisions.

Further information

Telefónica Deutschland Holding AG

Investor Relations

Georg-Brauchle-Ring 50

80992 München

Christian Kern, Director Investor Relations; (m) +49 179 9000 208

Marion Polzer, CIRO, Head of Investor Relations; (m) +49 176 7290 1221

Eugen Albrecht, CIRO, Senior Investor Relations Officer; (m) +49 176 3147 5260

(t) +49 89 2442 1010

[email protected]

www.telefonica.de/investor-relations