| 1 | Approve company financial statements. | For |
| 2 | Approve consolidated financial statements. | For |
| 3 | Approve the dividend. | For |
| 4 | Discharge the Board. | For |
| 5 | Authorise Share Repurchase. | For |
| 6.1 | Amendment of article 2 (corporate objective). | For |
| 6.2 | Amendment of article 51 bis and introduction of a new article 51 ter (Audit Committee). | For |
| 6.3 | Amendment to articles 55 and 56 (Annual Accounts). | For |
| 6.4 | Amendment of article 59 (appointment of auditors). | For |
| 6.5 | Revocation of article 67 (resolution of conflicts). | For |
| 7.1 | Ratify Mr. Demetrio Carceller Arce. | Oppose |
| 7.2 | Ratify Mr. Enrique Locutura Rupérez. | Oppose |
| 7.3 | Ratify Mr. Francisco Reynés Massanet. | Oppose |
| 7.4 | Ratify Mr. Juan María Nin Génova. | Oppose |
| 7.5 | Re-elect Mr. Rafael Villaseca Marco. | Oppose |
| 7.6 | Re-elect Mr. Santiago Cobo Cobo. | For |
| 7.7 | Re-elect Mr. Carlos Kinder Espinosa. | Oppose |
| 7.8 | Re-elect Mr. Carlos Losada Marrodán. | For |
| 7.9 | Re-elect Mr. Fernando Ramírez Mazarredo. | Oppose |
| 7.10 | Re-elect Mr. Miguel Valls Maseda. | For |
| 7.11 | Re-elect Mr. Jaime Vega de Seoane Azpilicueta. | For |
| 8 | Appoint the auditors. | Abstain |
| 9 | Delegation of powers for the completion of formalities. | For |
