DGAP-News:Telefónica Deutschland Holding AG: EU Commission confirms Telefónica Deutschland's national roaming offer in line with merger remedies

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Contract Telefónica Deutschland Holding AG: EU Commission confirms Telefónica Deutschland's national roaming offer in line with merger remedies 05.02.2021 / 23:03 The issuer is solely responsible for the content of this announcement.

Munich, 5 February 2021 Telefónica Deutschland: EU Commission confirms Telefónica Deutschland's national roaming offer in line with merger remedies Telefónica Deutschland welcomes the EU Commission's confirmation that the national roaming offer submitted to 1&1 Drillisch is competitive and in good faith. The offer thus complies with the "MNO remedy" under the antitrust rules from the merger of Telefónica Deutschland and E-Plus in 2014, which include the option of converting the existing MBA MVNO agreement into a national roaming agreement. In line with the EU Commission, Telefónica Deutschland's final offer is valid until 19 February 2021. Regardless of 1&1 Drillisch's decision to accept the offer, the long-term partnership between the companies continues. Furthermore, Telefónica Deutschland does not expect any negative retrospective impact on financial results for fiscal year 2020. Telefónica Deutschland's financial planning and the medium-term outlook remain unaffected. Further information: Telefónica Deutschland Investor Relations Georg-Brauchle-Ring 50 D-80992 Munich t +49 (0)89 2442-1010 f +49 (0)89 2442-2000 e ir-deutschland@telefonica.com

05.02.2021 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: 1166425 MDAX TecDAX End of News DGAP News Service

1166425 05.02.2021