| 1 | Receive the Annual Report | For |
| 2 | Receive the Directors Report | For |
| 3 | Approval Of The Management And Activities Of The Board Of Directors During Financial Year | For |
| 4 | Appoint the auditors | Abstain |
| 5 | Approve the dividend | For |
| 6.A | Approve authority to increase authorised share capital to 777 million euros and issue shares | For |
| 6.B | Approve authority to increase authorised share capital to 886 million euros and issue shares | For |
| 7.A | Re-elect Jose Walfredo Fernandez | For |
| 7.B | Re-elect Denise Mary Holt | For |
| 7.C | Re-elect Manuel Moreu Monaiz | For |
| 7.D | Re-elect Angel Jesus Acebes Paniagua | For |
| 7.E | Re-elect Maria Helena Antolin Raybaud | For |
| 7.F | Re-elect Santiago Martinez Lage | For |
| 7.G | Re-elect Jose Luis San Pedro Guerenabarrena | For |
| 7.H | Re-elect Jose Ignacio Sanchez Galan | Oppose |
| 8.A | Amend Articles: Amendment of the current title I | For |
| 8.B | Amend Articles: Amendment of the current chapter I of title II | For |
| 8.C | Amend Articles: Amendment of the current chapter II of title II | For |
| 8.D | Amend Articles: Amendment of the current titles III and IV | For |
| 9.A | Amend Articles: Amendment of the preliminary title and of title I | For |
| 9.B | Amend Articles: Amendment of titles II, III and IV | For |
| 9.C | Amend Articles: Amendment of title V | For |
| 9.D | Amend Articles: Amendment of titles VI, VII and VIII | For |
| 10 | Reduce Share Capital | For |
| 11 | Delegation of powers to formalise and implement all resolutions adopted by the shareholders at the general shareholders' meeting | For |
| 12 | Approve the Remuneration Report | Oppose |
