Euskaltel S A : OTHER RELEVANT INFORMATION Euskaltel, S.A. announces the payment of a complementary cash dividend from 2020 results.

Pursuant to article 227 of the rewritten text of the Spanish Securities Market Act, approved by Royal Legislative Decree 4/2015 of 23 October, Euskaltel, S.A. (hereinafter "Euskaltel" or the "Company"), hereby communicates the following

OTHER RELEVANT INFORMATION

According to the resolution adopted at the Annual General Meeting held on June 2, 2021 (register number 9783), a complementary dividend against 2020 results, ended December 31, for a gross amount of Euros 0.170 per share in circulation entitled to receive it will be paid next June 17, 2021, in accordance with the following calendar:

• Last trading date: June 14, 2021
• Limited trading ex-date: June 15, 2021
• Record date: June 16, 2021
• Payment date: June 17, 2021

This dividend will be paid through Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (IBERCLEAR) and its participating entities, after deducting any applicable taxes in accordance with applicable tax regulations, with Norbolsa, Sociedad de Valores, S.A. acting as the dividend payment agent.

Derio, June 4, 2021.

EUSKALTEL, S.A.

Mr. José Ortiz Martínez

Non-Executive Secretary of the Board of Directors

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