Fees Committee Members

The Board of Directors' Remuneration Committee and Managers has been set up to report to the Board of Directors the remuneration of the executive members of the Board of Directors, the executives and more generally the Company's payroll policy.

The Remuneration Committee, as the Board of Directors, is responsible for the formulation, implementation and periodic revision of the Company's remuneration policy, taking into account the long-term investor and employee interests as well as the public interest oriented to the long-term and prudent. sound management of the Company and preventing or minimizing conflicts of interest resulting from such management.

Members and term of office of the Commission

The members of the Committee are elected and appointed by the Board of Directors. The Commission is composed of

Members and term of office of the Remuneration Committee

The members of the Remuneration Committee are elected and appointed by the Board of Directors.

The Remuneration Committee is composed of two members and is appointed as an independent non-executive member of the Board of Directors.

The Commission shall be assisted by the Human Resources Director, who shall have the right to be present at Commission meetings and to participate in the debate on the agenda items without the right to vote.

The term of office of the members of the Committee is proportionate to the term of office of the Board of Directors