José María Martinez-Sanjuán

Santander Asset Management SA SGIIC (Santander AM) is the asset management subsidiary of Santander Asset Management Investment Holdings Ltd. in Great Britain, itself a subsidiary of Banco Santander SA (BME: SAN) in Spain. Founded in 1971, the firm is headquartered in Madrid and has a network of offices throughout Spain and local investment teams throughout the world. Santander AM manages a volume of assets for both individual and institutional clients, as well as for Santander Group subsidiaries in all geographies.

Santander Asset Management UK Ltd. (SAM-UK) is an asset manager headquartered in Glasgow, UK. The firm was founded in 1987 and formerly known as Scottish Mutual Portfolio Managers Ltd. and Abbey National Asset Managers Ltd. They are a wholly-owned subsidiary of SAM Investment Holdings SL, owned by Banco Santander SA (NYSE, BME: SAN) in Spain. SAM-UK manages funds on behalf of other Santander group entities as well as retail investors. The firm also manages a small number of segregated corporate portfolios.

Urquijo Gestión SA SGIIC Sociedad Unipersonal (Urquijo Gestión) is the Spanish specialist asset management subsidiary of Sabadell Asset Management SA SGIIC SU, which is owned by Rue La Boétie SAS’ Credit Agricole SA (EPA: ACA) in France. Headquartered in Madrid, the firm was founded in 1965 and provides investment management services to the clients of SabadellUrquijo Banca Privada.

Gesmadrid SGIIC SA (GESMADRID) is the Madrid-based asset management arm of Caja Madrid Cibeles SA, itself a subsidiary of Caja de Ahorros y Monte de Piedad de Madrid in Spain. Founded in 1988, the firm has a national network of offices.

Barclays Wealth Managers España SGIIC SA (BWME), formerly known as Barclays Fondos SA SGIIC, is the Madrid-based subsidiary of InverCaixa Gestion SA SGIIC, ultimately held by Fundacion Bancaria Caixa d'Estalvis i Pensions de Barcelona in Spain. Established in 1986, the firm is a fund management specialist and offers a diversified range of collective investment products.

Banif Gestión SGIIC SA (BG) is the Madrid-based subsidiary of Santander Private Banking Gestion SA SGIIC, itself a subsidiary of Banco Santander SA (NYSE: STD) in Spain. The firm was created in 1962 as Banif de Inversiones y Finanzas, an investment consultants office. In 1989 Banif became Banco Banif de Gestión Privada and assumed the legal structure of a bank. In 1999, after the Santander-Central Hispano merger, the group joined the private banking units, BSN and Banco Banif, creating Banco BSN BANIF. BG is Grupo Santander's private banking unit specializing in wealth management for high-net worth individuals. In addition to the Madrid headquarters, the bank has a network of offices throughout Spain.

Santander Private Banking Gestion SA SGIIC (Santander PB) is the private banking subsidiary of Santander AM Holding SL, ultimately owned by Banco Santander SA (BME: SAN) in Spain. The firm was founded in 1986 as Gesmoney and became Santander Private Banking Gestion SA SGIIC in 2013 when Banco Santander absorbed Banesto and Banif. Headquartered in Madrid, Santander PB provides a range of private banking services including financial advisory, wealth management, retirement planning, funding advice, estate planning and consulting services for institutional clients including banks, financial institutions, corporations and pooled investment vehicles.