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1052019 ANNUAL AND CORPORATE RESPONSIBILITY REPORT

Water is a necessary resource for opera- tions at all our facilities. Cepsa operates in different parts of the world, where the availability and sources of water are vari- able. Monthly monitoring is carried out of the indicators of water abstracted (cla- ssified by type of source), consumed, re- cycled, reused and dumped by facility, business and company, so that we can have adequate control of water manage- ment, which is key to improvement.

We also have different procedures and tools that help us to assess the environ- mental aspects and risks related to the water abstraction and the management of our discharges, including The Water Risk Filter Tool developed by the World Wildlife Fund (WWF). In 2019 a risk a- ssessment was carried out using this tool, and it was concluded that none of our facilities are located in areas at high risk of water stress.

Since 2017 we have been evaluating and publishing our performance in the area

of water management through our par- ticipation in CDP Water, a comprehensive questionnaire that evaluates the water resource management carried out by companies; this also makes it an impor- tant comparison tool in the oil and gas sector. In 2019 we improved our position once again and obtained a B rating. Cu- rrently, and in order to continue advancing in terms of performance, projects are being carried out at our production cen- tres, such as those described below, to improve this management.

The water we abstract comes mainly from the municipal supply (refineries and petrochemicals), from bodies of surface water (seawater in facilities close to the coast), and from water produced during the extraction of crude oil in the fields. In cases where it is necessary to abstract groundwater, control and monitoring points are available, with the aim of early detection of possible incidents and mi- nimising the risk of producing impacts on the environment.

WATER MANAGEMENT

We have a number of procedures and tools that help us to assess environmental aspects and risks related to water capture and discharge management."