The Audit and Control Committee and the Nominating, Compensation and Corporate Governance Committee of Telefónica, S.A. have adopted the following resolutions relating to their composition: The Audit and Control Committee has agreed to appoint Mr. José Javier Echenique Landiríbar as its Chairman. - The Nominating, Compensation and Corporate Governance Committee has agreed to appoint Mr. Peter Löscher as its Chairman. Consequently, the composition of these Committees is the following: Audit and Control Committee: Mr. José Javier Echenique Landiríbar (Chairman), Ms. Carmen García de Andrés, Ms. María Luisa García Blanco, Mr. Peter Löscher, Ms. María Rotondo Urcola.

Nominating, Compensation and Corporate Governance Committee: Mr. Peter Löscher (Chairman), Mr. José Javier Echenique Landiríbar, Ms. María Luisa García Blanco, Ms. Verónica Pascual Boé, Mr. Francisco Javier de Paz Mancho.