Evolution

The share capital is 135,832,297 euros, represented by 271,664,594 shares, of FIVE EURO CENTS of face value each, fully subscribed and disbursed.

On 25 March 2024, the Company granted a notarial public deed both of the capital reduction agreement through the amortization of the Company's own shares adopted by the Company's General Shareholders' Meeting of 5 May 2023 on item nine of the Agenda and of the agreements adopted by the Board of Directors on 21 March 2024, under the delegation granted by the General Shareholders' Meeting, by which the share capital is declared reduced by the amortization of the company's own shares, for a nominal amount of three million two hundred and fifty thousand euros (3,250,000 euros), from profits or free reserves, by the amortization of SIX million FIVE HUNDRED THOUSAND (6,500,000) ACS shares.

The notarial public deed of capital reduction was registered in the Commercial Register of Madrid on March 25, 2024. The trading exclusion agreements adopted by the Stock Exchanges authorities of Madrid, Barcelona, Bilbao and Valencia, as well as the exclusion agreement of IBERCLEAR register of the of SIX million FIVE HUNDRED ONE thousand EUROS (6,500,000) shares of the Company, in which the share capital was reduced by a nominal amount of THREE million euros (3,000,000 euros), were adopted with effect date of April 5, 2024.