Common Contracts

FIFTH SUPPLEMENTAL INDENTURE among TELEFÓNICA EMISIONES, S.A.U., as Issuer, TELEFÓNICA, S.A., as Guarantor and THE BANK OF NEW YORK MELLON, as Trustee, Transfer Agent, Registrar and Paying Agent March 8, 2017 FIXED RATE SENIOR NOTES DUE 2047

Fifth Supplemental Indenture • March 8th, 2017 • Telefonica S A • Telephone communications (no radiotelephone) • New York

• Contract Type
  Fifth Supplemental Indenture
• Filed
  March 8th, 2017
• Company
  Telefonica S A
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  New York

THIS FIFTH SUPPLEMENTAL INDENTURE, dated as of March 8, 2017, among Telefónica Emisiones, S.A.U., a sociedad anónima unipersonal incorporated under the laws of the Kingdom of Spain (the “Issuer”), Telefónica, S.A., a sociedad anónima incorporated under the laws of the Kingdom of Spain (the “Guarantor”), and The Bank of New York Mellon, a New York banking corporation, as trustee, transfer agent, registrar (the “Trustee”, which term includes any successor Trustee) and paying agent (the “Paying Agent”, which term includes any successor Paying Agent).