This English translation is exclusively for information purposes and is based on the original, official document in the Spanish language, available in the Spanish version on the company´s website.
Its resolutions, adopted in accordance with applicable regulations, are binding on all shareholders. The rules of the organisation and functioning of the General Meeting are set out in the Corporate Bylaws – Articles 11 to 18, both inclusive- and in the Regulations regarding the Annual General Shareholders’ Meeting.
Corporate governance practices applied regarding the Annual General Shareholders’ Meeting
Percentage of attendees at the Annual General Shareholders’ Meeting 2018: 60.4% (percentage over share capital).
Audit of the Annual General Shareholders’ Meeting
In 2013, an audit of the management processes and results of the votes taken at the Annual General Meeting was carried out for the first time. The audit report, prepared by an external consultant, concluded that the processes for the calling, preparation, counting of shareholders, voting and adoption of resolutions of the Meeting were fulfilled in their substantial aspects in accordance with the provisions set out in the procedures established by the Company to this end.