Board Committees

Audit Committee

The Audit Committee is composed of three independent members,its basic functions are, among others, to supervise the effectiveness of the Company’s internal control and risk management system, to supervise financial reporting and non-financial reporting. The committee is composed of three independent directors.

D. Fernando Lacadena                      Chairperson                             Independent Director

D. Dean Tenerelli                               Member                                    Independent Director

D. Juan Carlos Ureta                         Member                                    Independent Director

The Secretary non-director of the Audit Committee is Mr. Ignacio Gómez-Sancha.

Appointments and Compensation Committee

The Appointments and Remuneration Committee is composed of three independent members. Its basic functions are, among others, to make proposals to the Board of Directors on director remuneration policies, the verification of information on directors’ remuneration and their executive functions.

Dña. María Eugenia Girón                       Chairperson                             Independent Director

D. Fernando Lacadena                            Member                                    Independent Director

Dña. Inés Juste                                       Member                                    Independent Director

The Secretary non-director of the Audit Committee is Mr. Ignacio Gómez-Sancha.

Sustainability Committee

The Sustainability Committee is composed of three members, two independent and one proprietary. Its main functions are, among others, to promote and supervise Ecoener’s actions in matters of corporate social responsibility and sustainability.

Dña. Inés Juste                                      Chairperson                             Independent Director

D. Dean Tenerelli                                    Member                                    Independent Director

Dña. Ana Palacio                                    Member                                    Proprietary Director

The Secretary of the Sustainability Committee is Mr. Fernando Rodríguez, executive director and vice-chairman of Ecoener.