Cellnex Telecom : The Board appoints Franco Bernabè as non-executive Chairman of Cellnex

Joins the Board of Directors as a proprietary director representing ConnecT

Tobias Martinez keeps his role as CEO and first executive of the company

Madrid, 25 July 2019. At its meeting held today, the Board of Directors of Cellnex Telecom agreed to appoint Franco Bernabè as non-executive Chairman of the company. As chief executive, Tobias Martinez maintains his responsibilities as CEO.

Franco Bernabè is Chairman of FB Group, a family investment vehicle based in Rome. Until February 2019 he was Chairman of Nexi S.p.A., the Italian leader in payments systems. Prior to this he was Chairman and CEO of Telecom Italia and Chairman of GSMA (the international organisation of mobile network operators) until 2013.

Bernabè graduated with honours in Economic Policy (Università degli Studi di Torino) and started his professional career at FIAT. In 1983 he joined ENI, the Italian state oil company where he became the CEO in 1992. During his two terms at ENI, he managed the radical transformation of the Company that was listed on the NYSE in 1995.

He was Vice Chairman of Rothschild Europe, member of the board and Chairman of the Audit Committee of PetroChina for 14 years, member of the Supervisory Board of TPG Post Group in the Netherlands, member of the International Council of JP Morgan. He was also a member of the Executive Committee of Confindustria and a member of the European Roundtable of Industrialists.

He currently serves pro bono as Chairman of Fondazione La Quadriennale of Rome and as Chairman of the Italian National Commission for UNESCO. He is a Senior Advisor to Barclays Bank. In 2011 he was knighted by the President of the Italian Republic.

About Cellnex Telecom

Cellnex Telecom is Europe's leading operator of wireless telecommunications and broadcasting infrastructures with a portfolio of 45,000 sites including forecast roll-outs up to 2027. Cellnex operates in Spain, Italy, Netherlands, France, Switzerland and the United Kingdom.

Cellnex's business is structured in four major areas: telecommunication infrastructures services; audiovisual broadcasting networks; security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the Internet of Things (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 600 indices and of the MSCI Europe index. It is also part of the FTSE4GOOD and CDP (Carbon Disclosure Project) and 'Standard Ethics' sustainability indexes.

Cellnex's reference shareholders include ConnecT, with a 29.9% stake in the share capital, as well as CriteriaCaixa, Blackrock, Wellington Management Group and Canada Pension Plan, holding smaller stakes.

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