| 1.1 | Approve Financial Statements | For |
| 1.2 | Approve the Dividend | For |
| 2 | Approve Financial Statements | For |
| 3 | Discharge the Board | For |
| 4 | Appoint the Auditors | For |
| 5.1 | Elect Antonio Botella Garcia as Director | For |
| 5.2 | Elect Emilio Garcia Gallego as Director | Abstain |
| 5.3 | Elect Catalina Minarro Brugarolas as Director | For |
| 5.4 | Elect Agustin Batuecas Torrego as Director | For |
| 5.5 | Elect Jose Luis del Valle Perez as Director | For |
| 5.6 | Elect Antonio Garcia Ferrer as Director | For |
| 5.7 | Elect Florentino Perez Rodriguez as Director | Oppose |
| 5.8 | Elect Joan-David Grima i Terre as Director | Oppose |
| 5.9 | Elect Jose Maria Loizaga Viguri as Director | Oppose |
| 5.10 | Elect Pedro Jose Lopez Jimenez as Director | Oppose |
| 5.11 | Elect Miguel Roca Junyent as Director | Oppose |
| 5.12 | Elect Maria Soledad Perez Rodriguez as Director | Oppose |
| 6 | Approve the Remuneration Report | Abstain |
| 7 | Receive Amendments to Board of Directors Regulations | Non-Voting |
| 8 | Amend Articles | For |
| 9 | Authorize Capitalization of Reserves for Scrip Dividends | For |
| 10 | Authorise Share Repurchase | Oppose |
| 11 | Issue Convertible Bonds or Warrants | Oppose |
| 12 | Authorize Board to Ratify and Execute Approved Resolutions | For |
