The Audit and Corporate Practices Committee is comprised of at least 3 members who must comply with the independence requirement set forth in Article 26 of the Securities Market Law (LMV). The main functions of this Committee are, among others, the following:

• To give an opinion to the Board of Directors on matters within its competence in accordance with the LMV.

• To select the legal entity that will carry out the auditing work.
• To request the opinion of independent experts in those cases in which it deems appropriate for the proper performance of its functions.
• Establish the contracting conditions and the scope of the professional mandates of the External Auditors; approve the additional services to those of auditing, if any, provided by the External Auditors; and oversee compliance with the auditing contracts and the independence requirements of the External Auditors.
• To meet with the external auditor when deemed necessary or at least once a year to review matters within its competence.
• To call shareholders’ meetings and have the items they deem pertinent included in the agenda of such meetings.
• Discuss the Company’s financial statements with the persons responsible for their preparation and review, and based thereon recommend or not recommend their approval to the Board of Directors.
• Support the Board of Directors in the preparation of the report containing the main accounting and information policies and criteria followed in the preparation of the financial information presented annually to the Shareholders’ Meeting in terms of section b) of article 172 of the General Corporations Law, as well as in the preparation of the report on the operations and activities in which it has been involved.