EXECUTIVE OR DELEGATE COMMITTEE
Name
Position
Type
MR RODRIGO ECHENIQUE GORDILLO
CHAIRMAN
INDEPENDENT
MR FEDERICO GONZÁLEZ TEJERA
EXECUTIVE
MEMBER
MR JOSÉ ANTONIO CASTRO SOUSA
MEMBER
PROPRIETARY
DIRECTOR
PARTICIPACIONES Y CARTERA DE INVERSIÓN, S.L.
MEMBER
PROPRIETARY
DIRECTOR
MR ROBERTO CIBEIRA MOREIRAS
MEMBER
PROPRIETARY
DIRECTOR
AUDIT COMMITTEE
Name
Position
Type
MR CARLOS GONZÁLEZ FERNÁNDEZ
CHAIRMAN
INDEPENDENT
HOTELES PARTICIPADOS, S.L.
MEMBER
PROPRIETARY
DIRECTOR
MR IÑAKI ARRATÍBEL OLAZIREGI
MEMBER
PROPRIETARY
DIRECTOR
PARTICIPACIONES Y CARTERA DE INVERSIÓN, S.L.
MEMBER
PROPRIETARY
DIRECTOR
APPOINTMENTS AND REMUNERATION COMMITTEE
Name
Position
Type
MR GILLES PÉLISSON
CHAIRMAN
INDEPENDENT
MR FRANCISCO JAVIER ILLA RUIZ
MEMBER
PROPRIETARY
DIRECTOR
SOCIEDAD DE PROMOCIÓN Y PARTICIPACIÓN EMPRESARIAL CAJA MADRID
MEMBER
PROPRIETARY
DIRECTOR
B.2.2 Indicate whether the following duties correspond to the Audit Committee.
Supervise the drafting process and integrity of the financial information relating to the Company and, as applicable, to the
group, reviewing compliance with regulatory requirements, the appropriate scope of consolidation and the correct application
of accounting criteria.
YES
Periodically review the internal control and risk management systems so that the main risks are identified, managed and made
known.
YES
Ensure the independence and effectiveness of the internal audit; propose the selection, appointment, re-election and removal
of the internal audit service manager; propose the budget for this service; receive periodic reports on its activities; and verify
that senior management takes into account the conclusions and recommendations of its reports.
YES
Establish and supervise a mechanism that allows employees to confidentially, and where applicable anonymously, communicate
potential irregularities, particularly financial and accounting, which they discover within the company.
YES
Present to the Board of Directors proposals to select, appoint, re-elect and substitute the external auditor, as well as the
conditions of its contract.
YES
Receive information about the audit plan and its results from the external auditor on a regular basis and verify that senior
management takes its recommendations into account.
YES
Ensure the independence of the external auditor.
YES
In the case of groups, encourage the group auditor to take responsibility for the audits of the companies that comprise it.
YES
B.2.3 Give a description of the rules governing the organisation and functioning, as well as the responsibilities of each
committee attached to the Board.
Committee name
APPOINTMENTS AND REMUNERATION COMMITTEE
Brief description
a) Composition
The Appointments and Remuneration Committee shall comprise a minimum of three and a maximum of five directors. All members of the
Committee shall be non-executive directors and the majority of its members must be independent directors.
The Chairman of the Appointments and Remuneration Committee must be an independent director and be appointed by the Committee
itself from among its members.
ANNUAL CORPORATE
GOVERNANCE REPORT
35
