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COMMITTED TO INNOVATION BEYOND THE COMPANY

We are firmly committed to innova- tion backing research projects not only within the Company but also suppor- ting and establishing alliances with institutions and entities.

We are part of Madrid Subterra, a public-private non-profit association formed in October 2014 for promot- ing the exploration and exploitation of clean, renewable energy potential in the Madrid subsoil. As part of this association, in 2015 we launched the first contest for Innovative Ideas and Projects for harnessing energy in Ma- drid subsoil.

Within our partnerships with educa- tional institutions aimed at developing research and training, during 2015 we

have carried out various actions such as the 10th edition of the Catedra awards from the University of Cádiz, where 3 prizes were awarded to projects un- dertaken by students of the Univer- sity for their innovation and originality, scientific and technological treatment, relevance and applicability.

As part of the Huelva University pro- fessorship, in 2015 research activities have continued to be sponsored and two awards for researchers at the uni- versity have been convened.

We also take part in forums, innovation groups and other similar initiatives with a view to staying at the forefront in in- novation and sharing our progress.

ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015