Audit

Composed solely of 3 independent board members with extensive accounting and financial experience.

Meets generally on a monthly basis.

• Oversees the management, direction, and execution of matters under its responsibility in accordance with the Securities Market Law.
• Supervises that the CEO complies with the resolutions of the Shareholders’ Meetings.
• Evaluates the performance of the external auditor.
• Analyzes the company’s financial statements and financial information.
• Investigates potential non-compliance with guidelines, operating policies, and internal control systems.
• Reports related-party transactions to the Board of Directors.

Corporate Practices

Composed of 3 independent board members. Its primary responsibilities include:

• Evaluation and compensation of the Chief Executive Officer.
• Issuing an opinion on related-party transactions when required by management.
• Reviewing the performance of the whistleblowing system (improper conduct reporting channel).
• Analyzing compensation and performance of intermediate governing bodies.

Sustainability

Chaired by Pilar Servitje (independent member).

Meets bimonthly.

• Defines Quálitas’ scope of social responsibility.
• Monitors the implementation of Quálitas’ ESG strategy.
• Analyzes risks and opportunities related to climate change.
• Establishes strategies and activities to implement social responsibility practices.
• Defines mechanisms to measure the social impact of its functions.

Investments, Finance, and Planning

Composed of 7 members, the majority board members; 3 are independent.

Meets monthly.

• Evaluates and suggests investment policies aligned with the organizational vision.
• Proposes guidelines for the company’s strategic planning.
• Maintains a balanced investment portfolio according to the authorized regime.
• Provides recommendations and monitors the budget.
• Identifies risk factors and evaluates policies to manage them.

Operations

Composed of 10 members, 6 board members, of which 2 are independent.

Meets generally every two months.

• Advises the CEO on strategies to optimize operational efficiency and quality.
• Contributes to the establishment of the annual business plan and integrated strategy, ensuring continuity and the sustained development of the holding company.