This Tuesday, the Redeia board renews Beatriz Corredor and Roberto García Merino as president and CEO

June 2 () –

Redeia is holding its ordinary general meeting of shareholders this Tuesday, June 4, in which it will submit for re-election the appointments of its president, Beatriz Corredor, and its CEO, Roberto García Merino.

Specifically, shareholders will vote for the re-election as director, within the ‘other external’ category, of Beatriz Corredor, as well as that of García Merino as executive director for a period of four years.

Along with these two appointments, Guadalupe de la Mata Muñoz will be proposed to the group’s shareholders as the new independent director of Redeia.

In this way, Corredor will face a new mandate at the head of Redeia, after she was appointed president of the then Red Eléctrica Corporación in February 2020, and ratified at the meeting that same year, after the resignation of Jordi Sevilla. .

Graduated in Law from the Autonomous University of Madrid, Corredor has been a property registrar since 1993. Affiliated with the PSOE since 2003, she was Secretary of Women and Equality in the San Blas-Canillejas group in Madrid.

She was Minister of Housing in the IX Legislature, between April 2008 and October 2010, under the Government of José Luis Rodríguez Zapatero. As of 2010, that portfolio would be integrated into the Ministry of Development, with Corredor taking on the position of Secretary of Housing. State of Housing and Urban Actions.

Other public positions she has held are that of president of the Public Land Business Entity (Sepes) and advisor of the Municipal Housing and Land Company (EMVS), as well as director of the Registry Studies Service of Castilla-La Mancha since 2002 to 2007 and the position of member-registrar in the Court of Oppositions to the Body of Property and Commercial Registrars of Spain, being the first woman to hold the position.

Likewise, from October 2013 to June 2017 she was Director of Institutional Relations of the College of Registrars of Spain and is also a member of the Bureau of the Working Party in Land Administration, of the United Nations Economic Commission for Europe (Unece); She is a mentor at the Endeavor Spain Foundation and an associate professor of Civil Law in the master’s degree in Access to the Legal Profession (Nebrija University), as well as a speaker and lecturer.

For his part, García-Merino has held the position of chief executive of Redeia since 2019, when he was appointed CEO after the dismissal of Juan Francisco Lasala.

Graduated in Economics and Business Sciences from the University of Valladolid, PDG from IESE and MBA from the Instituto de Empresa, García-Merino has a long history in the group since his incorporation in 2004, where he has performed different functions linked to planning. strategy and business development, especially in the international arena and in the field of telecommunications.

DIVIDEND.

Along with these appointments, the examination and approval of the 2023 accounts will be proposed to the board, as well as the distribution of a dividend of 1 euro charged to the results of the last year.

From this amount we must deduct the 0.2727 euros per share paid on account on January 5. The final dividend of 0.7273 euros is expected to be paid on July 1.

Delegations will also be submitted in favor of the board of directors, for a period of five years, of the power to increase the share capital at any time, one or more times, up to a maximum amount of 135.270 million euros.

Likewise, the power, also for a period of five years, to issue, on one or more occasions, directly or through group companies, debentures, bonds and other fixed income instruments or debt instruments of a similar nature, both simple and convertible or exchangeable for shares of the company, of other companies in the group or of other companies outside the group.

In addition, authorizations will be voted on by the company’s governing body for the derivative acquisition of own shares and approval of a share-based remuneration plan for employees, members of management and executive directors.