OBRASCÓN HUARTE LAIN, S.A. ("OHL" or the "Company"), in compliance with the regulations included in article 228 of the Spanish Stock Market Act as passed by means of Royal Legislative Decree 4/2015, of 23 October, hereby notifies the National Stock Exchange Commission (Comisión Nacional del Mercado de Valores) of the following
RELEVANT FACT
The Company informs that the Board of Directors, based on a favourable report from the Appointments and Remuneration Committee, has agreed to accept with effect from today, the resignation of Mr. Juan Osuna Gómez as board member.
Also, the Board of Directors has agreed today, based on a favourable report from the Appointments and Remuneration Committee, to appoint, by co-optation, to fill the vacancy produced by the abovementioned resignation, Mr. Jose Antonio Fernández Gallar, appointing him as Second Vice-President and delegating on his person all the legal and statutorily delegable powers.
Following the resolutions adopted by the Board of Directors, its composition is as follows:
Chairman
Juan Villar-Mir de Fuentes (propietary)
First Vice-President
Silvia Villar-Mir de Fuentes (propietary)
Second Vice-President and Chief Executive Officer
Jose Antonio Fernández Gallar (executive)
Vocals
Reyes Calderon Cuadrado (independent)
Jose Luis Diez Garcia (independent)
Manuel Garrido Ruano (propietary)
Javier Goñi del Cacho (propietary)
Juan Jose Nieto Bueso (independent)
Juan Antonio Santamera Sánchez (propietary)
Ignacio Moreno Martínez (independent)
Mr. Jose Antonio Fernández Gallar is Civil Engineer specialized in hydraulic and energy by the University of Madrid (ETS of ICCP) and Master in Construction and Real Estate Business Management (MDI). With thirty-four years involved in the construction sector, he will lead the new stage of OHL as a construction and concession development company.
Madrid, June 28th 2018.