Annual report on directors' remuneration

This page contains the annual reports on directors' remuneration for the years 2013, 2014, 2015, 2016, 2017 and 2018, which were approved by the board of directors on its meetings of January 27, 2014, February 23, 2015, February 12, 2016, February 21, 2017, February 13, 2018 and February 26, 2019, respectively.

This website's ''Material Facts (''CNMV'')'' page includes the above mentioned documents under the format required to file them before the Spanish Securities Market Commission —Comisión Nacional del Mercado de Valores— (''CIFRADOC'') in accordance with the Commission's requirements.

The 2018 anual directors' remuneration report has been prepared in a free format in accordance with Circular 2/2018 of the National Securities Market Commission and incorporates the statistical annex established in the aforementioned Circular.