Tax Strategy and Tax Risk Management and Control Policy

The Capital Companies Act establishes the non-delegable duty of the Board of Directors to determine the tax strategy and tax risk management and control policy.

In this regard, during its session on 9 January 2018, the Naturgy Energy Group, S.A. Board of Directors approved a document entitled “Tax Strategy and Tax Risk Management and Control Policy”, which aims to establish the fundamental guidelines that govern the Strategy and the Tax Risk Management and Control Policy of all the companies controlled by the company.