Voluntary public takeover offer of Telefónica Local Services GmbH to the shareholders of Telefónica Deutschland Holding AG

12.12.2023

Details of the procedure for the exchange of Telefónica Deutschland Holding AG registered shares (ISIN DE000A1J5RX9) are described in Wertpapier-Mitteilungen (German gazette with securities announcements).

Exchange into “Telefónica Deutschland Holding AG registered shares tendered for sale”

The transfer will take place via a securities transfer (CASCADE transaction: KVEE WE) by indicating “4 – Originalaktien in Anrechte” in the “TR” field. This transfer is only possible from Freier Meldebestand (FMB, unregistered positions). The shares must therefore be transferred in advance via a position transfer (CASCADE-RS transaction: KVEE BV) into unregistered positions.

The exchange has been possible since 5 December 2023 and is to be carried out

up to and including 17 January 2024

The “Telefónica Deutschland Holding AG registered shares tendered for sale” (ISIN DE000A3MQD87) will be issued as registered securities. The certificates resulting from the exchange described above will be allocated to unregistered positions.

There is a follow-up transfer period up to 19 January 2024.

Registration of shareholders via re-registration

The shareholders of the “Telefónica Deutschland Holding AG registered shares tendered for sale” (ISIN DE000A3MQD87) must be recorded in the company’s share register. Corresponding re-registrations (KVCU) can be entered by the custodian banks in CASCADE-RS since 5 December 2023.

Information on submission planning

Due to the processing capacities in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be arranged in advance with Clearstream Banking Client Services. Within the scope of overall coordination, Clearstream Banking1 reserves the right to reject file transfers that have not been arranged in advance.

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.