/ Responding to the commitment undertaken at the General Shareholders’ Meeting held in April 2012, and the commitment to best international practices in corporate governance, the Board of Directors of Red Eléctrica submitted the separation of the positions of Chairperson of the Board and the CEO of the Company, as well as the consequent appointment of a new executive Board director, for approval by the General Shareholders’ Meeting at its extraordinary session held in July 2015 and convened solely for this purpose.