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Verizon to redeem debt securities on September 3, 2025

1. Verizon will redeem notes totaling €842,980,000 on September 3, 2025. 2. The redemption price will be the higher of principal amount or present value. 3. The calculation considers scheduled payments and market bond rates.

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FAQ

Why Bullish?

Redemption of debt can improve Verizon's balance sheet and reduce interest obligations, historically beneficial for stock price.

How important is it?

Reduction of debt enhances financial stability, improving investor confidence and stock attractiveness.

Why Short Term?

Investors may react positively to debt reduction immediately, similar to past redemption impacts.

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TTMUS
July 31, 2025 02:45 ET  | Source: Verizon Communications, Inc. NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced that it will redeem, in whole, the following notes on September 3, 2025 (the “Redemption Date”): I.D. NumberTitle of SecurityNYSE Trading SymbolPrincipal AmountOutstandingCUSIP: 92343V BW3ISIN: XS1030900242Common Code: 1030900243.25% Notes due 2026 (the “Notes”)VZ 26€842,980,000 The redemption price for the Notes will be equal to the greater of (i) 100% of the principal amount of the Notes being redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes (exclusive of interest accrued to the Redemption Date), as the case may be, discounted to the Redemption Date on an annual basis (ACTUAL/ACTUAL (ICMA)) at the Comparable Government Bond Rate (as defined in the Notes) plus 25 basis points (the “Redemption Price”), plus accrued and unpaid interest on the principal amount being redeemed to, but excluding, the Redemption Date. The Redemption Price will be calculated in accordance with the terms of the Notes on the third Business Day (as defined in the Notes) preceding the Redemption Date. Questions relating to the notice of redemption and related materials should be directed to the paying agent: U.S. Bank Trust Company, Trust Company, National Association, 333 Thornall Street, Edison, New Jersey 08837, United States of America, or via telephone at 1-800-934-6802. Media contact:Katie Magnottakatie.magnotta@verizon.com201-602-9235

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