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The Directors' Remuneration Policy of Acerinox aims to ensure that remuneration is sufficient to attract and retain Directors with the desired profile and that, at the same time, it rewards the dedication, qualifications and responsibility required for the position.

The current Acerinox, S.A. Directors' Remuneration Policy was approved by the Acerinox, S.A. General Shareholders' Meeting on 16 June 2022. The main purpose of this Policy has been to adapt to the latest reforms of the Capital Companies Act and to include the best practices of good corporate governance, reinforcing the principle that a portion of the remuneration of executive directors is subject to the fulfilment of ESG objectives.