| 1.1 | Receive the Annual Report | For |
| 1.2 | Application of profits | For |
| 2 | Receive Corporate Social Responsibility Report | Non-Voting |
| 3 | Approve the Remuneration Report | Oppose |
| 4 | Discharge the Board | For |
| 5 | Appointment, re-appointment and ratification of directors by separating voting of each proposal | Non-Voting |
| 5.1 | Ratify Appointment of and Elect Emilio García Gallego | For |
| 5.2 | Ratify Appointment of and Elect María Soledad Pérez Rodríguez | Oppose |
| 5.3 | Re-elect Agustín Batuecas Torrego | For |
| 5.4 | Elect Antonio Botella García Torrego | For |
| 5.5 | Elect Catalina Miñarro Brugarolas Torrego | For |
| 5.6 | Elect Antonio García Ferrer Torrego | For |
| 5.7 | Elect Joan-David Grimá Terré | Oppose |
| 5.8 | Elect José María Loizaga Viguri | Oppose |
| 5.9 | Elect Pedro López Jiménez | Oppose |
| 5.10 | Elect Santos Martínez-Conde Gutiérrez-Barquín | Oppose |
| 5.11 | Elect Florentino Pérez Rodríguez | Oppose |
| 5.12 | Elect Miguel Roca Junyent | Oppose |
| 5.13 | Elect Pablo Vallbona Vadell | Oppose |
| 5.14 | Elect José Luis del Valle Pérez | For |
| 6 | Appoint the auditors | Oppose |
| 7 | Amend articles 12, 13, 14, 16, 19, 20a, 24, 25, 28, 29, 30 and 34, delete article 31 and add new articles 20b, 20c and 34a, of the articles of association, to bring them into line with the amendment of the capital companies act related to corporate governance introduced by the act 31 2014 of 3 December and the new code of corporate governance for public limited companies, voting separately on every proposal concerning the above articles. | For |
| 7.1 | Amend Articles: Article 12 Re: Issuance of Bonds | Oppose |
| 7.2 | Amend Articles: Article 13 Re: Board Size | Oppose |
| 7.3 | Amend Articles: Article 14 Re: Board Term | For |
| 7.4 | Amend Articles: Article 16 Re: Board's Chairman and Lead Independent Director | For |
| 7.5 | Amend Articles: Article 19 Re: Executive Committee | For |
| 7.6 | Amend Articles: Article 20 bis Re: Audit Committee | For |
| 7.7 | Amend Articles: Article 24 Re: General Meetings | For |
| 7.8 | Amend Articles: Article 25 Re: Convening of General Meetings | For |
| 7.9 | Amend Articles: Article 28 Re: Shareholders' Right to Information | For |
| 7.10 | Amend Articles: Article 29 Re: Quorum of General Meetings | For |
| 7.11 | Amend Articles: Article 30 Re: Competence of General Meetings | For |
| 7.12 | Remove Article 31 Re: Shareholders' Right to Information | For |
| 7.13 | Amend Articles: Article 34 Re: Allocation of Income | For |
| 7.14 | Amend Articles: Add Article 20 ter Re: Appointments and Remuneration Committee | For |
| 7.15 | Amend Articles: Add Article 20 quater Re: Specialized Committees | For |
| 7.16 | Amend Articles: Add Article 34 bis Re: Director Remuneration | For |
| 7.17 | Approve Restated Articles of Association | For |
| 8 | Approve New General Meeting Regulations | For |
| 10 | Authorise Capital Increase against reserves, reducing the corporate capital for the amortisation of own shares | For |
| 11 | Authorise board to carry out the derivative acquisition of own shares, and a capital reduction for the amortisation of own shares | Oppose |
| 12 | Authorisation to set a stock options plan | Oppose |
| 13 | Delegation of powers to execute and carry out the resolutions adopted. | For |
