Mr. Pedro Sainz de Baranda Riva, of Spanish nationality, has been an independent director since May 23, 2023, as well as a member of the Sustainability Committee and the Appointments, Remuneration, and Corporate Governance Committee since the same date. He holds a degree as a mining engineer from the University of Oviedo, with a specialization in energy; a PhD in engineering from Rutgers University (New Jersey); and an MBA from the Sloan School of Management at the Massachusetts Institute of Technology (MIT).

He has spent his career in the industrial sector at the United Technologies Corporation (UTC) group and Otis Elevator Company. He has been Manager of new technologies at Otis, Director of new equipment at Otis Mexico, Executive President of Otis Portugal, General Director and CEO of Zardoya Otis, S.A., President of Otis for Southern Europe and the Middle East and Executive President of Otis Elevator Company.

Mr. Sainz de Baranda Riva is also currently a director at the following companies: Naturgy Energy Group, S.A., Gestamp Automoción, S.A., and TK Elevator GmbH. Furthermore, he is a trustee of the Fundación Princesa de Asturias.

Mr. Pedro Sainz de Baranda Riva, of Spanish nationality, has been an independent director since May 23, 2023, as well as a member of the Sustainability Committee and the Appointments, Remuneration, and Corporate Governance Committee since the same date. He holds a degree as a mining engineer from the University of Oviedo, with a specialization in energy; a PhD in engineering from Rutgers University (New Jersey); and an MBA from the Sloan School of Management at the Massachusetts Institute of Technology (MIT).

He has spent his career in the industrial sector at the United Technologies Corporation (UTC) group and Otis Elevator Company. He has been Manager of new technologies at Otis, Director of new equipment at Otis Mexico, Executive President of Otis Portugal, General Director and CEO of Zardoya Otis, S.A., President of Otis for Southern Europe and the Middle East and Executive President of Otis Elevator Company.

Mr. Sainz de Baranda Riva is also currently a director at the following companies: Naturgy Energy Group, S.A., Gestamp Automoción, S.A., and TK Elevator GmbH. Furthermore, he is a trustee of the Fundación Princesa de Asturias.