Gerardo Lorenzo Malvar

BBVA Asset Management SA SGIIC (BBVA-AM) is the asset management subsidiary of Banco Bilbao Vizcaya Argentaria SA (BME: BBVA, ADR: BBVA) in Spain. Founded in 1979 as BBV Gestinova, the firm became BBVA Gestión in 2000 when BBV Gestinova and Argentaria Gestión merged and was rebranded as BBVA-AM in 2008. They are headquartered in Madrid and manage pension plans and participate in the Latin American markets of Mexico, Colombia, Ecuador, Peru, Bolivia, Chile and Argentina. BBVA-AM also manages a range of investment mandates for insurance companies, employment plans and corporate clients through their platform in Luxembourg.

Bestinver Gestión SA SGIIC (Bestinver) is the financial services subsidiary of Bestinver SA, itself a wholly-owned subsidiary of Acciona SA (MP: ANA) in Spain. Established in 1988, the firm is headquartered in Madrid and manages the Bestinver range of mutual funds and pension funds for individual and institutional investors.

Dunas Capital Asset Management SGIIC SA is the asset management subsidiary of Inverseguros SA, which is owned by Dunas Capital España SL in Spain. The firm was founded in 1988 as Inverseguros Gestión SGIIC SAU. Headquartered in Madrid, Dunas Capital Asset Management manages mutual funds for institutional clients.

Aurica Capital Desarrollo SGEIC SA (Aurica Capital) is a private equity subsidiary of Banco de Sabadell SA founded in 1988. The firm is headquartered in Madrid, Spain.

Metagestión SA SGIIC is an asset management firm headquartered in Madrid, Spain. The firm was founded in 1986 and is a subsidiary of Metambiente SA. Metagestión manages collective investment funds for individual and institutional clients.

GBS Finanzas SA (GBS Finanzas) is an independent private equity firm founded in 1991 by Pedro Gomez de Baeza and Juan Antonio Samaranch. The firm is headquartered in Madrid.

Mahou SA manufactures and commercializes alcoholic and non-alcoholic beverages. Its product includes beers, ales, and ciders. Its brand portfolio includes Mahou Cinco Estrellas, San Miguel Especial, Alhambra Especial, Mahou Clásica, Mahou Sin and Alhambra Premium Lager. The company was founded in 1890 and is headquartered in Madrid, Spain.

Inverseguros Sociedad de Valores SAU (Inverseguros SV) is a brokerage firm headquartered in Madrid, Spain. The firm was founded in 1989 and is a subsidiary of InverSeguros SA, which is owned by Dunas Capital España Sl. Inverseguros SV is a fixed-income broker on behalf of institutional and corporate clients.

BNP Paribas SA (Broker Spain) (BNP Paribas-Broker) is the broker-dealer division of BNP Paribas SA in Spain. The firm was founded in 1917 and is a subsidiary of BNP Paribas SA (EPA: BNP) in France. Headquartered in Madrid, BNP Paribas-Broker provides securities brokerage services to corporate and institutional clients.