As an essential element of the sustainable development strategy of Iberdrola, S.A., the Governance and Sustainability System contains a robust regulatory framework relating to internal audit, the management of risks and corporate control and compliance, which responds to the most advanced requirements in these areas.

這些 General Risk Control and Management Foundations of the Iberdrola Group define a comprehensive system, the purpose of which is to identify, prevent and mitigate those risks that affect the realisation of the broad and ambitious business enterprise of Iberdrola, S.A. and of the other companies of the Iberdrola Group. Regarding the corporate control, the Basic Internal Audit Regulations regulate the nature, organisation and powers of the internal audit function, the basic activity of which consists of independently and proactively endeavouring to ensure the effectiveness of the governance, risk management and internal control processes.

For the preparation of the consolidated financial and non-financial information, Iberdrola, S.A. has approved certain basic principles, defined in a policy that responds to the principles of subsidiarity and decentralised management. Also, to guarantee the independence of the statutory audit, the Audit and Risk Supervision Committee has approved a policy with the basic rules that must govern the selection, appointment, re-election and removal of the statutory auditor and ensure that it has the necessary technical skills to effectively, responsibly and independently perform its work.

Iberdrola, S.A. has a solid and innovative track record in compliance, which it develops on the basis of regulatory requirements and best practices. As part of its Governance and Sustainability System, it has approved a 合規政策 that, together with the 反貪腐與反詐騙政策 以及各州的 這些舉報通路被設定為向所有股東、管理人員、專業人士、供應商及其他第三方提供的工具，以便舉報可能涉及某些不規範行為或任何違法行為，或違反法律或治理與永續發展體系的行為，且在公司範圍內、與供應商的契約關係中，或在伊比德羅拉集團各公司的利益與形象方面具有重要意義。, represent its firm commitment to transparency, and to the ongoing monitoring and penalisation of improper conduct and acts that are illegal or contrary to law or to the Governance and Sustainability System.

The Compliance System of Iberdrola, S.A., which is configured as an effective, autonomous, robust and independent system, which contributes to the full realisation of the Purpose and Values of the Iberdrola Group and of the Ethical and Basic Principles of Governance and Sustainability of the Iberdrola Group. In particular, the purpose of the 董事、專業人士及供應商行為準則 is to ensure that Iberdrola, S.A., its professionals and its value chain act in accordance with ethical principles, legality and the Governance and Sustainability System, as well as to prevent, manage and mitigate the risk of regulatory and ethical breaches.

Finally, in view of the presence of Iberdrola, S.A. in the securities markets and the trading thereon of its financial instruments and securities, the Governance and Sustainability System includes the 透明度報告. These regulations seek to ensure the equal treatment of all investors and the protection thereof against the improper use of inside information or other conduct constituting abuse.