TELEFONICA S A

Ticker: TELFY CUSIP: 879382208 Class: SPONSORED ADR

MOODY NATIONAL BANK TRUST DIVISION's Holding History (CIK: 0001092903)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 4,800 Value ($000) $40 Avg Close — Range —

Q4 2018

Shares 5,864 Value ($000) $50 Avg Close — Range —

Q3 2018

Shares 4,800 Value ($000) $38 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	4,800	$40	—	—
Q4 2018	5,864	$50	—	—
Q3 2018	4,800	$38	—	—