Telefónica has designed a specific and precise organisational structure to address the new action plan with the maximum guarantees, which will serve as a catalyst for the company's transformation. This plan seeks to prioritise the markets where the company can be relevant and grow in a sustainable model in the long term, to promote the opportunities with the greatest growth potential, while leveraging the value of our infrastructures, and to increase agility and improve efficiency, with maximum focus and orientation towards the customer.

This management team is committed to generating value for all its stakeholders and society in the long term, building relationships of trust, with growth and efficiency. All of this to achieve a Telefónica committed to making our world more human and more sustainable.