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Analyst coverage

Bank Analyst
Ahorro Corporacion Germán García Bou
Arete Will Milner
Banco Sabadell Andrés Bolumburu
Banesto Marta Gómez
Banif Investimento Banking Teresa Martinho
Bankia Bolsa Research David Cabeza
Barclays Capital Jonathan Dann
BofAML Jesus Romero
BBVA Research Ivón Leal
Berenberg Bank Paul Marsch
Bernstein Research Robin Bienenstock
BPI Pedro Oliveira
Cheuvreux Giovanni Montalti
Citi Georgios Ierodiaconou
Credit Suisse Justin Funnell
Deutsche Bank Keval Khiroya
Espírito Santo Research Nuno Matias
Exane BNP Paribas Mathieu Robilliard
Fidentiis James McKenzie
Goldman Sachs Tim Boddy
Grupo Santander Nahum Sánchez
HSBC Luigi Minerva
La Caixa Borja Pagoaga
JB Capital Markets Fabián Lares
JP Morgan Torsten Achtmann
Kepler Capital Markets Javier Borrachero
Macquarie Research Guy Peddy
Millennium Alexandra Delgado
Mirabaud Javier Mielgo
Morgan Stanley Luis Prota
Natixis Benoit Maynard
New Street Research James Ratzer
Nomura Frederic Boulan
Oddo Securities Alexandre Iatrides
Raymond James Stephane Beyazian
Renta4 Iván San Félix
S&P Alex Wisch
Societé Generale Ottavio Adorisio
UBS Nick Lyall
WestLB Wolfgang Specht

DISCLAIMER: Telefónica is covered by the analysts at the brokerage firms listed above. This list may not be complete and is subject to change. Please note that any opinions, estimates or forecasts regarding Telefónica's performance made by these analysts are theirs alone and do not represent opinions, estimates or forecasts of Telefónica or its management. Telefónica does not by its reference above or distribution imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by analysts.


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