Red Eléctrica Corporation release its 2016 annual results and Strategic Plan 2014‐2019.

The report describes, beyond the established statutory requirements, the measures taken by the Company to achieve greater transparency and efficiency in the performance of the functions of the governing bodies and includes those aspects that are considered relevant in improving good governance of the Company.

This report contains the most relevant data regarding the Company's activity during the fiscal year 2016.

This report on remuneration policy for the Directors of Red Eléctrica Corporación, S.A. (“Red Eléctrica” or “the Company") has been prepared in accordance with the provisions of the Corporate Bylaws and the Board Regulations.

This publication incorporates the most relevant data regarding those services that are necessary to ensure the quality, reliability and security conditions of the electricity supply. Ancilliary services are understood as the resolution of technical constraints, complementary services and deviation management.

Red Eléctrica, through a collaboration agreement with the Regional Government of Navarra, participates in the radio-tracking of several breeding pairs of Golden Eagles located in different ecosystems of the Foral Community of Navarra.