CEPSA AT A GLANCE

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THE YEAR S MILESTONES

"A BUSY YEAR."

CEPSA AT A GLANCE

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CEPSA - ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2019 CEPSA - ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2019 CEPSA - ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2019 LETTER FROM THE CHAIRMAN LETTER FROM THE CHAIRMAN LETTER FROM THE CEO LETTER FROM THE CEO CEPSA AT A GLANCE THE YEAR’S MILESTONES THE YEAR’S MILESTONES THE YEAR’S MILESTONES CEPSA IN NUMBERS CEPSA IN NUMBERS GET TO KNOW US MISSION, VISION AND VALUES THE VALUE OF OUR BRAND THE VALUE OF OUR BRAND CEPSA IN THE WORLD CEPSA IN THE WORLD OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES OUR ACTIVITIES WHERE ARE WE HEADING? – SUSTAINABLE GROWTH VALUE CREATION STRATEGY VALUE CREATION STRATEGY VALUE CREATION STRATEGY VALUE CREATION STRATEGY VALUE CREATION STRATEGY VALUE CREATION STRATEGY VALUE CREATION STRATEGY BUSINESS MODEL RISK MANAGEMENT & OPPORTUNITIES RISK MANAGEMENT & OPPORTUNITIES RISK MANAGEMENT & OPPORTUNITIES INNOVATION & DIGITAL TRANSFORMATION INNOVATION & DIGITAL TRANSFORMATION INNOVATION & DIGITAL TRANSFORMATION INNOVATION & DIGITAL TRANSFORMATION RESPONSIBLE MANAGEMENT: CEPSA IN 2019 OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH OUR MANAGEMENT APPROACH CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE CEPSA’S GOVERNANCE PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT PEOPLE MANAGEMENT SAFETY MANAGEMENT SAFETY MANAGEMENT SAFETY MANAGEMENT SAFETY MANAGEMENT SAFETY MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT VALUE CHAIN MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT SOCIAL MANAGEMENT APPENDICES ABOUT THIS REPORT GLOSSARY GLOSSARY APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS APPENDIX TO THE INDICATORS GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX GRI INDICATORS INDEX TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW TABLE OF CONTENTS OF THE NON-FINANCIAL INFORMATION LAW

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