Iosu Recalde Ariz

BBVA Asset Management SA SGIIC (BBVA-AM) is the asset management subsidiary of Banco Bilbao Vizcaya Argentaria SA (BME: BBVA, ADR: BBVA) in Spain. Founded in 1979 as BBV Gestinova, the firm became BBVA Gestión in 2000 when BBV Gestinova and Argentaria Gestión merged and was rebranded as BBVA-AM in 2008. They are headquartered in Madrid and manage pension plans and participate in the Latin American markets of Mexico, Colombia, Ecuador, Peru, Bolivia, Chile and Argentina. BBVA-AM also manages a range of investment mandates for insurance companies, employment plans and corporate clients through their platform in Luxembourg.

Sabadell Asset Management SA SGIIC SU (Sabadell AM) is the wholly-owned Spanish fund management subsidiary of Amundi SA, which is owned by Rue La Boëtie SAS’ Crédit Agricole SA (EPA: ACA) in France. Founded in 1986, the firm is headquartered in Barcelona and has additional office in Madrid. Sabadell AM provides investment management services and distribution services to Undertakings for Collective Investment in Transferable Securities (UCITS) domiciled in the Grand Duchy of Luxembourg. They also provide discretional and customized portfolio management services.