Board and Committees

BOARD OF DIRECTORS

 

Name or company name of the director Represen-tative Position on the Board First appointed Last appointment Shares owned
Mr. Rodrigo Echenique Gordillo   Non executive Chairman 23/11/2012 25/06/2013 100.100
Mr. Federico González Tejera   CEO 21/12/2012 25/106/2013 100
Mr. José Antonio Castro Sousa   Vice-chairman 24/05/20102 29/06/2012 61.870.383
Mr. Ling Zhang   Vice-chairman 27/01/2015 27/01/2015 1
Mr. Francisco Javier Illa Ruiz   Director 27/10/2009 25/06/2013 1
Mr. José María López-Elola González   Director 25/04/2012 29/06/2012 21.000
Mr. Carlos González Fernández   Director 29/06/2011 26/06/2014 36.450
Mr. Francisco Román Riechmann   Director 04/07/2014 04/07/2014

100

Mr. Xianyi Mu   Director 17/04/2013 25/06/2013 1
D. Haibo Bai   Director 26/02/2014 26/02/2014 1
Mr. Charles Bromwell Mobus   Director 26/04/2013 25/06/2013 250

 Mr. Alfredo Fernández Agras

Dª Koro Usarraga Unsain

 

Director

 Director

 19/06/2015

19/06/2015

 19/06/2015

19/06/2015

 0

0

Secretary (non-member):
Mr. Pedro Ferreras Díez

Vicesecretary (non-member):

Mr. Carlos Ulecia Palacios

BOARD COMMITTEES

The Rules of the Board of Directors empower the Administrative body to constitute one or several Committees.

At the present time the Delegation Committee, the Audit Committee and the Nominating and Compensation Committee have been constituted.

Audit Committee

The Audit and Control was established on 30 June 2000 and are designed to primarily serve to support the Board of Directors in its oversight and control functions, constituting the most important manifestation of them is to ensure the correct application of generally accepted accounting principles and to verify the adequacy and integrity of internal control systems followed in the preparation of individual and consolidated accounts.

The operating rules of the Audit and Control are available on the website of the Company, the relevant section of the Regulation Board. The current composition of the Audit and Control is:

President:
Mr. Carlos Gonzalez Fernandez

Members:
Mr. Xianyi Mu

Mr. Francisco Javier Illa

Mr. Francisco Román Riechmann

Mr. Alfredo Fernández Agras

Mrs. Koro Usarraga Unsain

Nominating and Compensation Committee

The Nomination and Remuneration Committee was constituted on June 30, 2000 and basic functions to inform proposals for the appointment of Councillors, members of the board committees and senior executives of the Company and its subsidiaries, to approve the contracts and salary bands for senior executives, lay down rules on directors' remuneration, reporting and incentive plans to develop and maintain a record of status of the Directors and Senior Managers.

The rules and operation of the Appointments and Remuneration Committee are available on the website of the Company, the relevant section of the Regulation Board.

The current composition of the Nomination and Remuneration Committee is as follows:

President:
Mr. Francisco Román Riechmann

Members:
Mr. Francisco Javier Ruiz Illa

Mr. Xianyi Mu

Mr. José Maria Lopez Elola

Mr. Alfredo Fernández Agras

Mrs. Koro Usarraga Unsain

Executive or Delegate Committee

The composition of the Executive Committee is the following:

President: Mr. Rodrigo Echenique Gordillo
Vicepresident Mr. José Antonio Castro Sousa
Directors:  Mr. Federico González Tejera
   Mr. Xianyi Mu