Changes in the Board of Directors and in the committees of Ercros

In accordance with the provisions of the regulations applicable to Ercros, S.A. (hereinafter, the “Company”), the Company hereby discloses the following

OTHER RELEVANT INFORMATION

The board of directors, following a favorable report from the appointments, remuneration, sustainability and corporate social responsibility committee, has resolved to appoint Mr. Anton Valero Solanellas, Mr. João Maria Guimaraes José de Mello and Mr. André Cabral Côrte-Real de Alburquerque as members of the Company’s board of directors, in representation of the new controlling shareholder, Bondalti Iberica, S.L.U. (“Bondalti”), through the co-optation procedure until the next general shareholders’ meeting of the Company (without prejudice to their possible ratification at such meeting), replacing Mr. Antonio Zabalza Martí, Mr. Laureano Roldán Aguilar and Mr. Eduardo Sánchez Morrondo, who have submitted their respective resignations from their positions on the Company’s board of directors and its delegated committees, as applicable, effective as of today.

Additionally, the board of directors has resolved to: (i) appoint Mr. Anton Valero Solanellas as chairman of the board of directors and member of both the audit committee and the appointments, remuneration, sustainability and corporate social responsibility committee; (ii) appoint Mr. João Maria Guimaraes José de Mello as chief executive officer (consejero delegado); and (iii) grant executive powers to Mr. André Cabral Côrte-Real de Alburquerque.

Furthermore, Mr. Daniel Ripley Soria has submitted his resignation, with effect as of today, from his positions as non-director secretary of the board of directors, non-director secretary of the audit committee, and non-director secretary of the appointments, remuneration, sustainability and corporate social responsibility committee. In this regard, taking into account the favorable report of the appointments, remuneration, sustainability and corporate social responsibility committee, the board of directors has resolved to appoint Mr. Pere Kirchner Baliu and Mr. Gerard Correig Ferré as non-director secretary and deputy secretary of the board of directors, respectively, as well as non-director secretary and deputy secretary of the audit committee, and non-director secretary and deputy secretary of the appointments, remuneration, sustainability and corporate social responsibility committee, effective as of today.

As a result of the above resolutions:

• The board of directors is composed of the following six members: Mr. Anton Valero Solanellas (chairman – proprietary director), Mr. João Maria Guimaraes José de Mello (chief executive officer (consejero delegado)), Mr. André Cabral Côrte-Real de Alburquerque (executive director), Mr. Joan Casas Galofré (proprietary director), Mrs. Carme Moragues Josa (independent director) and Mrs. Lourdes Vega Fernández (independent director). 

  Mr. Pere Kirchner Baliu and Mr. Gerard Correig Ferré hold the positions as non-directors, secretary and deputy secretary, respectively.

• The audit committee is composed of the following three members: Mrs. Lourdes Vega Fernández (chairman), Mrs. Carme Moragues Josa (member) and Mr. Anton Valero Solanellas (member).
• Mr. Pere Kirchner Baliu and Mr. Gerard Correig Ferré hold the positions as non-directors, secretary and deputy secretary, respectively.

• The appointments, remuneration, sustainability and corporate social responsibility committee is composed of the following three members: Mrs. Carme Moragues Josa (chairman), Mrs. Lourdes Vega Fernández (member) and Mr. Anton Valero Solanellas (member). 

  Mr. Pere Kirchner Baliu and Mr. Gerard Correig Ferré hold the positions as non-directors, secretary and deputy secretary, respectively.

The professional profiles of Mr. Anton Valero Solanellas, Mr. João Maria Guimaraes José de Mello, Mr. André Cabral Côrte-Real de Alburquerque, Mr. Pere Kirchner Baliu and Mr. Gerard Correig Ferré are available on the Company’s website (www.ercros.es).