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
Mrs. Rosalba Casiraghi   Director 12/05/2009 29/06/2012 1
Mr. Francisco Javier Illa Ruiz   Director 27/10/2009 03/12/2009 1
Mr. José María López-Elola González   Director 25/04/2012 29/06/2012 1.000
 Mr. Ramón Lanau Viñals    Director  24/05/2012  29/06/2012  
Mr. Carlos González Fernández   Director 29/06/2011 29/06/2011 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. Livio Giovanni Maria Torio   Director 26/06/2014 26/06/2014 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. Iñaki Arratibel Olaziregi
Mr. Xianyi Mu

Mr. Ramon Lanau Viñals

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

Executive or Delegate Committee

The composition of the Executive Committee is the following:

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