Verizon Communications Investor Presentation — October 2022

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October 21, 2022VlpHU09DSUQyMDE4UTQ

“Safe Harbor” Statement

NOTE: In this presentation we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to

risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-

looking statements also include those preceded or followed by the words “anticipates,” “believes,” “estimates,” “expects,” “hopes,” “forecasts,” “plans” or

similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities

Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements,

except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

The following important factors, along with those discussed in our filings with the Securities and Exchange Commission (the “SEC”), could affect future

results and could cause those results to differ materially from those expressed in the forward-looking statements: cyber attacks impacting our networks

or systems and any resulting financial or reputational impact; damage to our infrastructure or disruption of our operations from natural disasters, extreme

weather conditions or terrorist attacks and any resulting financial or reputational impact; the impact of public health crises, including the COVID-19

pandemic, on our operations, our employees and the ways in which our customers use our networks and other products and services; disruption of our

key suppliers’ or vendors' provisioning of products or services, including as a result of geopolitical factors, the COVID-19 pandemic or the potential

impacts of global climate change; material adverse changes in labor matters and any resulting financial or operational impact; the effects of competition

in the markets in which we operate; failure to take advantage of developments in technology and address changes in consumer demand; performance

issues or delays in the deployment of our 5G network resulting in significant costs or a reduction in the anticipated benefits of the enhancement to our

networks; the inability to implement our business strategy; adverse conditions in the U.S. and international economies, including inflation in the markets in

which we operate; changes in the regulatory environment in which we operate, including any increase in restrictions on our ability to operate our

networks or businesses; our high level of indebtedness; significant litigation and any resulting material expenses incurred in defending against lawsuits or