Telefónica Announces Board of Directors Change

TL;DR

Telefonica board shakeup announced, details to follow.

AI Summary

Telefónica, S.A. announced a change in its Board of Directors on May 8, 2024. The filing, a Form 6-K, details this change within the company's governance structure. No specific financial figures or new appointments were detailed in this particular filing.

Why It Matters

Changes in a company's board of directors can signal shifts in strategy, governance, or investor relations, impacting the company's future direction.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of a change in the board of directors and does not contain significant financial or operational news.

Key Players & Entities

• Telefónica, S.A. (company) — Registrant

FAQ

Filing Documents

• form6kchangeinboardofdirec.htm (6-K) — 22KB
• image_0.jpg (GRAPHIC) — 4KB
• 0000814052-24-000070.txt ( ) — 28KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2024 Commission File Number 001-09531 Telefnica, S.A. (Translation of registrant's name into English) Distrito Telefnica, Ronda de la Comunicacin sn, 28050 Madrid, Spain +34 91-482 87 00 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F X Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) Yes No X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) Yes No X Telefnica, S.A. TABLE OF CONTENTS Item Sequential Page Number 1. Telefnica Change in Board of Directors 2 TELEFNICA, S.A. (hereinafter, Telefnica), in compliance with the Securities Market legislation, hereby communicates the following OTHER RELEVANT INFORMATION The Board of Directors of Telefnica unanimously resolved, at its meeting held today, to accept the voluntary resignation presented by Ms. Carmen Garca de Andrs from her position as Director of Telefnica, for personal reasons and in order to contribute to the process of orderly renewal of the Board of Directors of Telefnica. The Board of Directors has expressed its gratitude to Ms. Carmen Garca de Andrs for the services rendered to Telefnica during her tenure. Consequently, Ms. Carmen Garca de Andrs is no longer member of the Board of Directors' Committees of which she was member. In particular, the Audit and Control Committee and the Sustainability and Regulation Committee. In order to fill the abovementioned vacancy, and following a favorable report from the Nominating, Compensation and Corporate Governance Committee, the Board of Directors of the Company has resolved to appoint, by co-optation, Mr. Carlos Ocaa Orbis as Proprietary Director to the Board of Directors of Telefnica, nominated by the shareholder Sociedad Estatal de Participaciones Industriales. Likewise, the Board of Directors of the Company has resolved, following a favorable report from the Nominating, Compensation and Corporate Governance Committee to appoint Mr. Carlos Ocaa Orbis as Member of the Executive Commission and the Audit and Control Committee. Madrid, May 8, 2024 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Telefnica, S.A. Date May 08, 2024 By s Pablo de Carvajal Gonzlez Name Pablo de Carvajal Gonzlez Title Secretary to the Board of Directors

View Full Filing

View this 6-K filing on SEC EDGAR