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A FUTURE-PROOF COMPANY

02.

2.1 Value chain 2.2 Our activities 2.3 Our global presence 2.4 SDG commitment 2.5 Innovation 2.6 Stakeholders 2.7 Our customers 2.8 A diverse and inclusive work enviroment 2.9 Governance to lead the transition

2021

INTEGRATED MANAGEMENT REPORT

CEPSA - 2021 INTEGRATED MANAGEMENT REPORTCEPSA - 2021 INTEGRATED MANAGEMENT REPORTCEPSA - 2021 INTEGRATED MANAGEMENT REPORTLETTER FROM THE PRESIDENTLETTER FROM THE CEOLETTER FROM THE CEOLETTER FROM THE CEO1.1 A new organization to lead the energy transition1.1 A new organization to lead the energy transition1.2 2021 milestones1.2 2021 milestones1.3 Main Indicators1.3 Main Indicators1.3 Main Indicators1.3 Main Indicators2.1 Value chain2.1 Value chain2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.2 Our activities2.3 Our global presence2.4 SDG Commitment2.5 Innovation2.5 Innovation2.5 Innovation2.5 Innovation2.6 Stakeholders2.6 Stakeholders2.7 Our costumers2.7 Our costumers2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment2.8 A diverse and inclusive work environment3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.1 Climate change management3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.2 Reducing our environmental impact3.3 Human rights3.3 Human rights3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.4 Health and safety of people and facilities3.5 Sustainable supply chain3.5 Sustainable supply chain3.5 Sustainable supply chain3.5 Sustainable supply chain3.5 Sustainable supply chain3.5 Sustainable supply chain3.6 Commitment and contribution to social development3.6 Commitment and contribution to social development3.6 Commitment and contribution to social development3.6 Commitment and contribution to social development3.7 Transparency and fiscal responsibility3.7 Transparency and fiscal responsibility3.7 Transparency and fiscal responsibility3.7 Transparency and fiscal responsibility3.8 Ethical management3.8 Ethical management3.8 Ethical management3.8 Ethical management3.8 Ethical management3.8 Ethical management4.1 Global macroeconomic context4.2 Industry context4.2 Industry context4.2 Industry context4.2 Industry context4.2 Industry context5.1 Main financial and operational indicators5.1 Main financial and operational indicators5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.2 Analysis of the consolidated results5.3 Liquidity and capital resources5.3 Liquidity and capital resources5.3 Liquidity and capital resources5.3 Liquidity and capital resources5.3 Liquidity and capital resources5.3 Liquidity and capital resources5.3 Liquidity and capital resourcesAppendix 1 About this reportAppendix 1 About this reportAppendix 2 The company's main risksAppendix 2 The company's main risksAppendix 2 The company's main risksAppendix 2 The company's main risksAppendix 2 The company's main risksAppendix 2 The company's main risksAppendix 3 Internal control systemAppendix 3 Internal control systemAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 4 Sustainability additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 5 Financial additional informationAppendix 6 EU TaxonomyAppendix 6 EU TaxonomyAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 7 GRI indicators indexAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 8 Table of contents of the nonfinancial information lawAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators indexAppendix 9 SASB indicators index
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