David García-Lorenzana

• Executive Director with sound multi-sector experience, including Telecoms Media & Technology, Business Services, Infrastructure, Construction, Retail and Consumer among others • Extensive execution and origination experience of M&A, Equity Financing and Debt Financing transactions, both in the Spanish market and abroad, across corporate and private equity clients • Project Director in large profile transactions, involving coordination of multiple teams across various geographies. Latest transactions include: - Cinven €510m acquisition and financing of Ufinet and subsequent sale - BC Partners €550m acquisition and financing of Pronovias - Ferrovial Services €800m acquisition of Broadspectrum in Australia - Joint Global Coordinator on the €605m IPO of Telepizza

• Multi-sector experience with strong focus on Telecoms Media & Technology, Business Services, Infrastructure, Construction, Retail and Consumer sectors • Project management responsibilities for several multi-billion Euro M&A and ECM transactions • Supported UBS'​ coverage efforts on key global franchise clients, including large European telco companies and Spanish corporates, as well as large private equity funds • Extensive execution experience both in the Spanish market and abroad including, among others: - Euskaltel's €1.2bn acquisition of R Cable and €255m ABB placement to fund the transaction - Obrascon Huarte Lain (OHL) €1.0bn rights issue - Joint Global Coordinator on the €840m IPO of Euskaltel - Telefonica's €13.6bn sale of Telefonica O2 UK to Hutchison Whampoa - Telefonica's €3.0bn rights issue to finance the acquisition of GVT in Brazil - Telefonica's €1.1bn acquisition of Canal+ from PRISA and Mediaset Spain - Cinven's €510m acquisition of Gas Natural Fenosa Telecomunicaciones (Ufinet) - Joint Global Coordinator on the €1.2bn IPO of Applus Services - €7.2bn sale of ONO to Vodafone - Telefonica Deutschland's €8.6bn acquisition of E-Plus and €3.6bn rights issue to finance the deal - Joint Global Coordinator on the €1.4bn IPO of Telefonica Deutschland - Telefonica's €7.5bn acquisition of Portugal Telecom’s 50% stake in Vivo - Several debt issuances on behalf of Telefonica

• Associate Director at the Spain Coverage Investment Banking team • Involved in origination and execution of M&A, Equity Financing and Debt Financing transactions for Spanish corporates and private equity funds with interests in Spain • Expert knowledge on valuation, financial modelling, accounting, M&A and due diligence processes, SPA negotiation, prospectus drafting, LBO and acquisition financing • Responsible for project staffing and training of juniors resources in the Spanish team, as well as the coordination of recruiting activities of all Spanish graduates within UBS Investment Bank • Selected for UBS Ascent Program, an 18-month global cross-business top talent program

• Associate Director at the EMEA Telecom Media & Technology Investment Banking team • Involved in origination and execution of M&A, Equity Financing and Debt Financing transactions in EMEA, Asia and LatAm

• Summer Associate at the EMEA Telecom Media & Technology Investment Banking team in London as part of a 3-month internship during the first and second year of the full-time MBA program at NYU Stern

• Led the implementation of new wireless technologies within O2’s technology directorate, including the end-to-end strategy definition and coordination of cross-functional teams • Designed O2’s radio network to ensure it fulfilled all the capacity, coverage and quality requirements defined by the company's management • Represented O2 UK at various Telefonica group level engineering strategy forums

• Led approval and implementation of €100 million mobile broadband rollout project • Defined 3UK’s technical strategy and managed the delivery of new wireless technologies • Performed due diligence on 20 telecom vendors, supported finance and procurement teams during contract negotiations, and managed €30 million budget for the launch of new services

• Participated in the launch of the first commercial 3G mobile network in Europe • Led over 30 mobile network design specifications, contributing to the launch of new services and the enhancement of the network performance

• Designed and implemented test systems for Ericsson's lastest generation mobile network systems, achieving 20% reduction on costs and 30% reduction on testing times • Trained and supported production and engineering staff during the live introduction stage

- Awarded Beta Gamma Sigma distinction

- Received highest honors on final year thesis - 15-month internship at the Grupo de Mrcroondas y Radar (GMR)