Corporate Governance, Appointments and Remuneration Committee

The Appointment and Remuneration Committee is entrusted with the following basic functions:

- To report on proposed appointments of Board Members.

- To approve the remuneration scales for top managers of the Company.

- To approve the contracts drafted for top managers.

- To report on the remuneration system for Board Members and review it on a regular basis.

- To propose incentive schemes for the Board Members and Top Managers which the Board of Directors submits for approval at the General Shareholders' Meeting.

- To report on proposed appointments of members to the Executive Committee and other Committees of the Board of Directors.

- To exercise those other powers assigned to said committee in the Regulation of the Board of Directors.

 

Corporate Governance, Appointments and Remuneration Committee

Mr. Leopoldo Rodés Castañé

Mr. Juan Luis Cebrián Echarri

Mr. Pedro García Guillén

Mr. Juan Arenas Uría

Mr. Íñigo Dago Elorza (Secretary - not a Member)