The Supervisory Board of Telefonica Czech Republic, a. s., decided to make changes to its composition. The first vice-chairwoman of the Supervisory Board Ms Maria Pilar Lopez Alvarez and Supervisory Board members Messrs Antonio Manuel Ledesma Santiago and Ivan Varela Sanchez resigned from their positions on the board as of 28 January 2014. Three new members, Messrs Martin Stefunko, Vladimir Mlynar and Ladislav Bartonicek, were appointed to the vacated positions.

The chairwoman of the Supervisory Board Ms. Maria Eva Castillo Sanz and Supervisory Board members Messrs Jesus Perez de Uriguen and Francisco de Borja de Nicolas resigned from their positions as of 29 January 2014. Subsequently, Martin Stefunko was elected the new chairman of the Supervisory Board and Ladislav Bartonicek was elected as the new first vice-chairman. Martin Stefunko has worked at PPF Group since 2009 as a member of the top executive team and currently holds the position of Chief Investment Officer.

He is a member of PPF Group N.V. Supervisory Board, a member of the Board of Directors of PPF a.s., and also a Chairman of the Supervisory Board at PPF banka. Currently Ladislav Bartonicek is a Chairman of the Supervisory Board of Energeticky a prumyslovy holding (Energy and Industrial Holding - EPH) and a member of the Board of Directors of Slovensky plynarensky priemysel. Vladimir Mlynar has been a member of PPF Group's top executive team since August 2010 and is in charge of Public Relations and Public Affairs.

He is a member of Supervisory Board of PPF a.s., a member of the Board of Directors of Eustream Slovakia and a member of Supervisory Board of Telefonica Czech Republic.