CHAPTER 3 We advance in sustainable performance

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3.6.2 Fundación Cepsa

Authorities

Regular meetings to report on the company's activities, impact and investment programmes.

In 2021, we participated in the Indigenous Round Table in Puerto Gaitán for the Caracara asset (Colombia) to address the concerns of this group in terms of social investment, job opportunities and supplies of goods and services.

We have also worked on institutional strengthening projects involving local leaders and local and national authorities in Peru to address matters relevant to our stakeholders, such as: Macuya District Annexation Committee', 'Macuya Water and Sewage Board and Glass of Milk'.

Local communities

Briefings on: operations, social investment initiatives and local contracting opportunities.

Investments in support for productive livestock projects: Puerto Gaitán communities for the Caracara asset (Colombia) to improve local livestock projects and the quality of life in these communities.

Investments in productive agricultural projects: Caserío Primavera community (Peru) to improve cultivation techniques and plantation maintenance so as to develop the huge production potential of local farmers when planting, harvesting and marketing cocoa.

Local contractors Meetings focusing on the social context, communication of local procurement requirements and coordination of upskilling actions with a focus on improving competitiveness.

Business community In 2021, support was provided to entrepreneurs in the Caracara asset s local community in the town of Puerto Gaitán (Colombia), when the local people were able to attend information days on supply processes and get help in understanding Cepsa's contracting processes.

Through the activities of the Fundación Cepsa, we focus on meeting the social demands of the communities and environments where we operate and we get involved in projects that help improve the situation of people. To do this, we focus our efforts on three main areas:

COMMUNITY ENGAGEMENT WITH EXPLORATION AND PRODUCTION OPERATIONS