This committee has responsibilities assigned in relation to appointment and removal of Board members and Company senior managers, their remuneration, the fulfillment of the duties of directors and the respect for the principles and rules of corporate governance and of the Corporate Responsibility Policy. In addition, it drafts, on an annual basis, a specific report on gender diversity that it submits to the Board for approval.
In the 2012 fiscal year, the Executive Director of the Board ceased to form part of the Appointments and Remuneration Committee. Since then, the committee has been composed exclusively of external directors, with a majority of independent directors. Since December 23, 2014, the committee had 4 members, 3 of whom are independent directors. Since November 24, 2015, the committee has 5 members. The mandates of its members are limited to three years and may be re-elected.
|Board member||Position||Type of Board member||
|Mr. José Luis Feito Higueruela||Chairman||Independent||2017.10.31|
|Mr. Alberto Francisco Carbajo Josa||Member||Independent||2017.04.25|
|Ms. Carmen Gómez de Barreda Tous de Monsalve||Member||Independent||2018.05.29|
|Ms. Mercedes Real Rodrigálvarez||Member||External nominee||2017.10.31|
* For 3 years