Based on the new scenarios we have established, we have updated our 2017-2021 strategy with a 2022 horizon. This strategy reaffirms our commitments and strategic objectives, ad- justing our main actions for each business area in order to face the challenges of the future.

OUR STRATEGY FOR ThE FUTURE

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CHAPTER 3 Sustainable growth

STRATEGIC PLAN | 2018 - 2022

LEADERShIP We seek to achieve operational excellence at every one of our businesses.

AGILITY Company agile in execution and flexible in an industrial context of constant change.

VALUE MAxIMISATION

Achieving solid economic results and creating sustainable value.

ROBUSTNESS An integrated, balanced energy provider with focus and scale.

GROWTh With privileged access to growing markets in Middle East and North Africa (MENA) and LATAM uniquely positioned to capture value from the new energy trends.