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We identify and reinforce the beneficial effects and shared values we hope to contribute to society and prioritise initia- tives that help meet existing needs.

We articulate the commitment we have undertaken with communities and their

development through the Fundación Cep- sa*, a non-profit in the public interest that has completed its first year of activity in Spain, Portugal, Colombia, Peru, brazil and Canada.

SOCIAL ACTION EXPENDITURE by SPHERE OF ACTION (EUROS)

2017

Community support 3,224,315

Cultural 325,382

Environmental 319,509

Scientific/educational 491,960

Sports 147,477

Total 4,508,644

SOCIAL INvESTmENT by AREA

72%

7%

7%

11%

3%

304 Our partner entities

+130.000 Direct beneficiaries

+ 500.000 indirect beneficiaries

SOCIAL ACTION

2017

261 Actions taken

Social Assistance

Educational & Scientific

Sports

Environmental

Cultural

2017 ANNUAL AND CORPORATE RESPONSIbILITy REPORT

* more information at: www.fundacioncepsa.com