| 1 | Approval of the individual and Consolidated Financial Statements, the Management Report for 2011 as well as the proposed allocation of earnings. | For |
| 2 | Approve the Discharge of the Board | For |
| 3.1 | Amend Articles 6, 8 bis (new), 10, 12 and 14 | For |
| 3.2 | Amend Articles 18, 22, 23, 30 and 31 | For |
| 4.1 | Amend Shareholder Meeting Regulations, Articles 1, 3, 5, 8 and 12 | Abstain |
| 4.2 | Amend Shareholder Meeting Regulations Articles 7 and 9 | For |
| 5 | Approval of the Corporate website | For |
| 6 | Issue shares including redeemable shares both with pre-emption rights and for cash | Oppose |
| 7 | Authorise the Board to issue convertible fixed income securities and to exclude pre-emptive rights and increase capital stock | Oppose |
| 8 | Re-Elect Daniel Garcia-Pita Peman | For |
| 9 | Appoint the auditors | For |
| 10 | Approve Annual Report on Compensation for Directors and Senior Management | Oppose |
| 11 | Approve amendments to the Regulations for the Board of Directors | For |
| 12 | Approve Formalities | For |
