Verizon Communications Inc. announced the commencement of 15 separate offers to purchase the outstanding series of notes listed in the table below for a total cash amount of up to $4.0 billion. Refer to each offer to purchase a series of Notes for cash as an ?Offer? and collectively as the ?Offers.? The Offers are made on the terms and subject to the conditions set forth in the Offer to Purchase dated October 26, 2021. The Offers will each expire at 5:00 p.m. (Eastern time) on November 24, 2021, unless extended or earlier terminated by Verizon. To be eligible to receive the Total Consideration, which includes the Early Participation Payment, holders of Notes must validly tender, and not validly withdraw, their Notes at or prior to 5:00 p.m. (Eastern time) on November 8, 2021, unless extended or earlier terminated. Holders who validly tender their Notes after the applicable Early Participation Date, but at or prior to the applicable Expiration Date, will be eligible to receive the tender consideration, which is equal to the Total Consideration for such series minus the applicable Early Participation Payment. All Holders whose Notes are accepted in an Offer will receive a cash payment equal to the accrued and unpaid interest on such Notes to, but not including, the relevant Settlement Date in addition to their Total Consideration or Tender Consideration, as applicable. Notes tendered for purchase may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on November 8, 2021 (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the ?Withdrawal Date?), but not thereafter, unless extended by Verizon. The Offers are subject to the terms and conditions described in the Offer to Purchase, including, among other things, the Acceptance Priority Procedures and a $4.0 billion cap on the Total Consideration and/or Tender Consideration to be paid in all of the Offers. The Accrued Coupon Payment is excluded from the Waterfall Cap. The Offers are not conditioned on any minimum amount of Notes being tendered, and none of the Offers is conditioned on the consummation of any of the other Offers. The Total Consideration or Tender Consideration, as applicable, payable by Verizon for each $1,000 principal amount of each series of Notes validly tendered, and not validly withdrawn, and accepted by Verizon will be paid in cash on the relevant Settlement Date.