Masmovil Group announced that Mr. Guillermo Bárcena, who has held to date the position of Chief Controlling Officer and in charge of Strategic Projects within the Finance Department, has been appointed as new Capital Markets Director. Mr. Bárcena, whose resume can be found in the announcement made last 19 April 2022, will lead the structuring of the different financing alternatives for the whole Masmovil Group, in close coordination with Mr. Pérez Renovales's team. In addition to this position of Capital Markets Director, Mr. Barcena will work closely with the Group's CEO, Mr. Meinrad Spenger, in a number of topics across the entire Group under a new CEO Office also set up in the context of this reorganisation and of the potential combination of Masmovil Group's businesses with those of Orange S.A. in Spain following the exclusive discussions that the Masmovil Group disclosed to the markets in the announcement made last 8 March 2022.

Mr. Bárcena directly report to the Group's CEO and are members of the Executive Committee of the Masmovil Group.