Board and Committees

BOARD OF DIRECTORS

 

Name or company name of the director Represen-tative Position on the Board First appointed Last appointment Shares owned
Mr. Rodrigo Echenique Gordillo   Non executive Chairman 23/11/2012 23/11/2012 100.100
Mr. Federico González Tejera   CEO 21/12/2012 21/12/2012 100
Mr. José Antonio Castro Sousa   Vice-chairman 24/05/20102 29/06/2012 61.870.383
Mr. Iñaki Arratíbel Olaziregi   Director 28/10/2008 29/06/2012 1000
Mrs. Rosalba Casiraghi   Director 12/05/2009 29/06/2012 1
Hoteles Participados S.L. Mr. Ignacio Ezquiaga Domínguez Director 29/04/2004 24/06/2010 13.385.269
Mr. Francisco Javier Illa Ruiz   Director 27/10/2009 03/12/2009 1
Participaciones y Cartera de Inversión, S.L. Mr. Manuel Galarza Pont Director 31/07/2012 31/07/2012 100
Mr. José María López-Elola González   Director 25/04/2012 29/06/2012 1.000
 Mr. Ramón Lanau Viñals    Director  24/05/2012  29/06/2012  
Sociedad de Promoción y Particiapción Empresarial Caja de MAdrid, S.A.  

D. Octavio Miguel Sánchez Laguna

 Director 17/06/2008 24/06/2010 13.560.496
Mr. Carlos González Fernández   Director 29/06/2011 29/06/2011 50
Mr. Gilles Pélisson   Director 18/02/2012 29/06/2012

15.000
Mr. Xianyi Mu   Director 17/04/2013 17/04/2013 1
Mr. Daoqi Liu   Director 17/04/2013 17/04/2013 1
Mr. Charles Bromwell Mobus   Director 26/04/2013 26/04/2013 250

Secretary (non-member):
Mr. Pedro Ferreras Díez

BOARD COMMITTEES

The Rules of the Board of Directors empower the Administrative body to constitute one or several Committees.

At the present time the Delegation Committee, the Audit Committee and the Nominating and Compensation Committee have been constituted.

Audit Committee

The Audit and Control was established on 30 June 2000 and are designed to primarily serve to support the Board of Directors in its oversight and control functions, constituting the most important manifestation of them is to ensure the correct application of generally accepted accounting principles and to verify the adequacy and integrity of internal control systems followed in the preparation of individual and consolidated accounts.

The operating rules of the Audit and Control are available on the website of the Company, the relevant section of the Regulation Board. The current composition of the Audit and Control is:

President:
Mr. Carlos Gonzalez Fernandez

Members:

Mr. Iñaki Arratibel Olaziregi
Participaciones y Cartera de Inversión, S.L. (Mr. Manuel Galarza Pont)
Mr. Xianyi Mu

Mr. Ramon Lanau Viñals

Nominating and Compensation Committee

The Nomination and Remuneration Committee was constituted on June 30, 2000 and basic functions to inform proposals for the appointment of Councillors, members of the board committees and senior executives of the Company and its subsidiaries, to approve the contracts and salary bands for senior executives, lay down rules on directors' remuneration, reporting and incentive plans to develop and maintain a record of status of the Directors and Senior Managers.

The rules and operation of the Appointments and Remuneration Committee are available on the website of the Company, the relevant section of the Regulation Board.

The current composition of the Nomination and Remuneration Committee is as follows:

President:
Mr.Gilles Pélisson

Members:
Mr. Francisco Javier Ruiz Illa
Sociedad de Promocion y Participación Empresarial Caja Madrid, S. A.(Mr. Octavio Miguel Sánchez Laguna)

Mr. Xianyi Mu

Executive or Delegate Committee

The composition of the Executive Committee is the following:

President: Mr. Rodrigo Echeniqeu Gordillo
Vicepresident Mr. José Antonio Castro Sousa
 Directors: Participaciones y Cartera de Inversión, S.L. (Mr. Manuel Galarza Pont)
   Mr. Federico González Tejera
   Mr. Xianyi Mu