Based on the procedures performed and the evidence obtained, as described above, no matters have come to light that lead us to believe that the information referred to in the environmental performance indicators for tonnes of COReport” of IBERDROLA, S.A.’s Sustainability Report for the year ended 31 December 2015 has not been prepared, in all material respects, in accordance with the principles of the Global Reporting Initiative’s G4 Sustainability Reporting Guidelines relating to the completeness, accuracy and clarity of the information for stakeholders, as indicated in the “Second party opinion on Iberdrola’s Green Bond” document.