Appointment of the Audit Commission

Mrs. Jenny de los Ángeles Ortiz Ruiz, as Managing Director of TRANSFAST FINANCIAL SERVICES, S.A.,

CERTIFIES:

  1. That TRANSFAST FINANCIAL SERVICES, SA by complying with the obligations established in the Additional third Provision of the Law 22/2015, of July 20 Auditing of Accounts, has a governing body with equivalent functions to the Audit Committee, as an Entity of Interest Public (EIP), since it’s under the supervision of the Bank of Spain (BdE) and designated by agreement of the joint and several administrators.

  1. The proper functions of the Audit Committee have been assumed by the joint and several administrators, complying with the requirements established in the current legislation.

  1. These functions have been carried out since the entry into force of the Law 22/2015, of July 20 Auditing of Accounts, by the Joint and Several Administrators, who are reported below:

- Francisco Manoel Rodrigues De Matos

- Jenny de los Angeles Ortiz Ruiz

  1. TRANSFAST FINANCIAL SERVICES, SA is exempt from the requirement of independence required from the Audit Committee in article 529 quaterdecies of the Consolidated Text of the Capital Companies Law (LSC), approved by Legislative Royal Decree 1/2010, of 2010, by 2010 The following requirement:

The members of the governing body with equivalent functions to the Audit Committee are the joint and several directors of the company.

And at the same time as in the next years in Madrid, on September 1, 2018