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Corporate Presentation Looking after your investments since 1971 June 2017 Thomson Reuters Analyst Awards According to Thomson Reuters rankings GVC Gaesco Beka (ESN Partnership) ranks Nº 2 among the Top Award-Winning Brokers for Iberia, based on the number of analysts nominated for Top Earnings Estimators and Top Stock Pickers.

GVC Gaesco Corporate Presentation

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Page 1: GVC Gaesco Corporate Presentation

Corporate Presentation

Looking after your investments since 1971

June 2017

Thomson Reuters Analyst Awards

According to Thomson Reuters rankings GVC Gaesco Beka (ESN Partnership) ranks

Nº 2 among the Top Award-Winning Brokers for Iberia, based on the number of

analysts nominated for Top Earnings Estimators and Top Stock Pickers.

Page 2: GVC Gaesco Corporate Presentation

1. GVC Gaesco Group

2. Range of Products and Services

3. Wealth Management

4. Brokerage & Custody

5. Corporate Finance

6. Research

7. Awards

8. Offices

Index

Page 3: GVC Gaesco Corporate Presentation

1. GVC Gaesco Group

Page 4: GVC Gaesco Corporate Presentation

GVC Gaesco Timeline

4| www.grupo.gvcgaesco.com

Spanish Stock Markets Reform – New legislation

1988

General de Valores y Cambios constitution

1991 2008

Grupo GVC Gaesco foundation

Acquisition of Bankia Bolsa. BEKA Finance created

2013

GVC Gaesco Valores and BEKA Finance integrate their equity businesses

Broker

1971

CNMV Creation

Garçón Vallvé Contreras (GVC) was formed

2015

GVC Gaesco Gestión: Luxembourg passport

2016

Page 5: GVC Gaesco Corporate Presentation

GVC Gaesco Beka Group

5| www.grupo.gvcgaesco.com

GVC GaescoBeka

GVC GaescoGestión

GVC GaescoPensiones

GVC GaescoCorreduría

GVC

GVC Gaesco Holding

BEKA Finance SV

Page 6: GVC Gaesco Corporate Presentation

GVC Gaesco Group

GVC Gaesco is one of the main independent financial groups in Spain, with over 60 years history

A professional team with a common goal: to manage in an efficient, consistent and independent manner, always looking for

the best investment opportunities to maximise value

GVC Gaesco offers a large group of services: Wealth Management and Private Banking, Brokerage and Custody, Corporate

Finance and Insurance Brokerage

“Our goal:

To preserve wealth and to make savings

profitable”

Mª Àngels Vallvé i Ribera,

President

4| www.grupo.gvcgaesco.com

Page 7: GVC Gaesco Corporate Presentation

Main Figures

7

Societies: Intermediación, Gestión, Pensiones and Correduría de Seguros

Offices that covers the Spanish territory

More than 60 years of history

Annalists through ESN

Professionals

AUM (EUR Million)

AUM + AUD (EUR Million)

Clients

Mutual Funds (3 registered in Luxembourg)

SICAVs

Pension Funds

Venture Capital Companies

| www.grupo.gvcgaesco.com

Assets Data as of 31/05/2017

4

17

60

100

350

1.500

4.300

24.000

33

42

8

2

Page 8: GVC Gaesco Corporate Presentation

2. Range of Products and Services

Page 9: GVC Gaesco Corporate Presentation

Range of Products & Services

| www.grupo.gvcgaesco.com

Portfolio Management

Mutual Funds

SICAVs

Pension Funds

Venture Capital

Investment Funds from the main International Fund

Managers

Insurance Brokerage: Life Insurance/ Non-Life

Insurance, Annuities, PPAs and PIAs and Unit Linked

Wealth Management

Member of the main European Stock Exchanges

Real-time access to national and international markets

Money Market, National Debt, Corporate Bonds, Equities,

ETFs, Forex, Commodities, Derivatives, Options and

Futures, CFDs, Warrants

Execution Desk from 08.00 a.m. to 10 p.m.

Brokerage

Capital Markets (equities and bonds)

IPOs

MAB and MARF

Financial structuring, private investors and financing

Mergers and Acquisitions

Company and business valuation

Corporate Finance

Analyst presentations to institutional and private investors

Equity, Fixed Income, companies and sector Reports

Spanish and European Stock Picking

Road shows in Europe with institutional investors

Founding partner and member of ESN

Analysis

9

CNMV Registered Entity under number 182. Member of Barcelona, Madrid, Valencia, Paris, Amsterdam, Brussels, Lisbon and Frankfurt Stock Exchanges.

MEFF, AIAF, Iberclear and Euroclear custodian and clearing Member. Entity Delegated by the Bank of Spain. MAB and MARF Registered Advisor.

Founding partner and member of the European Securities Network (ESN).

Page 10: GVC Gaesco Corporate Presentation

3. Wealth Management

Page 11: GVC Gaesco Corporate Presentation

Investment Funds, Sicavs and Pension Funds Management

Page 12: GVC Gaesco Corporate Presentation

Investment Funds, SICAVs and Pension Funds Management

Experience, Independence and Professionalism. GVC Gaesco has been managing investments for many years, being

pioneer in the management of Investment Funds, SICAVs and Pension Funds. Experience in any market environment is

essential to carrying out the most appropriate investment decisions, focusing on the client Risk Profile and optimising the Risk

/ Return binomial

Pioneers in Management

1st Fund of Funds registered in the CNMV: GVC Gaesco Fondo de Fondos

GVC Gaesco Renta Fija is the 5th oldest Investment Fund in Spain (1986)

Expert Management Team: Consolidated, multidimensional, reputed and award-winning team of more than 20

professionals with an average of 15 years experience and an average of 15 years antiquity, which ensures consistency and

unique management styles

• Prestige. GVC Gaesco Gestión SGIIC and their managed funds have been rewarded for their track records and results by

prestigious national and international institutions. 19 awards in the last 10 years

12| www.grupo.gvcgaesco.com

Page 13: GVC Gaesco Corporate Presentation

Mutual Funds Management

13

Mutual Funds

Constantfons, FI

FondTesoro, FI

Renta Fija, FI Bona Renda, FI

Renta Valor, FI

Patrimonialista, FI

Retorno Absoluto, FI

Pareturn GVC Gaesco Patrimonial Fund

Pareturn GVC Gaesco Absolute Return Fund

Bolsalíder, FI

Emergentfond, FI

Europa, FI

Fondo de Fondos, FI

Japón, FI

Multinacional, FI

Small Caps, FI

Pareturn GVC Gaesco Euro Small Caps Equity Fund

T.F.T., FI

Oportunidad Inmobiliarias, FI

300 Places Worldwide, FI

Money Market Fixed Income Balanced Funds Absolute Return Equity Funds

Pension Funds

Senior, FP Junior, FP Patrimonialista, FP

Fixed Income Mixed Equities Mixed Absolute Return

Third Party Funds

GVC Gaesco manages funds for several financial institutions

| www.grupo.gvcgaesco.com

Page 14: GVC Gaesco Corporate Presentation

Portfolio Management

Page 15: GVC Gaesco Corporate Presentation

Portfolio Management

The aim of GVC Gaesco’s Portfolio Management Service is to manage the Client’s financial assets as follows:

Customised. Portfolio adapted to the customer’s risk profile

Consistent. Alignment with profitability targets in the medium and long term, ensuring protection and wealth

preservation

Diversified. Capital distribution among different institutions, markets and asset types

Active. Coherent anticipation and reaction to different market situations

Professional. With experience and proven investment management performances

Confidential. The information is treated with the utmost discretion and care

15| www.grupo.gvcgaesco.com

Page 16: GVC Gaesco Corporate Presentation

Portfolio Management

The client delegates the Portfolio Management to GVC Gaesco in order to obtain:

Profitability. To find the most appropriate Risk/Return binomial according to the client Risk Profile

Tranquility. Market risks are managed and monitored by the Management Team

Communication. Asset manager’s accessibility

Availability. Daily liquidity

Information. Quality reporting: Invested assets, performances, moves, fees and commissions, etc.

16| www.grupo.gvcgaesco.com

Page 17: GVC Gaesco Corporate Presentation

Portfolio Management

17

Portfolio Management Models

Fixed Income Mixed

Equities Mixed

Dividend

Equities

US Equities

Trend Follower

FundTech Strategy

Swing

Hedging

Equity

Conservative

Prudent

Balanced

Performance

Aggressive

Asset Investment Fund

Growth Invest Fund

Investment Funds

Investor Profile definition

Time Horizon

Liquidity Client Profile

Investment

Proposal

ImplementationReporting Investment in a model

Analysis

Asset Allocation

Regular meetings

Customised Reports

| www.grupo.gvcgaesco.com

Page 18: GVC Gaesco Corporate Presentation

Insurance Brokerage

Page 19: GVC Gaesco Corporate Presentation

Insurance Brokerage

GVC Gaesco Insurance Brokerage provides the appropriate service for subscribing and monitoring insurance products

Professional Team. Extensive experience in independent management of private insurances

Quality Service. GVC Gaesco Correduría tracks the casualties suffered by clients in order to expedite the process

Innovation. Continuous information on new products and services

Independent Advice. GVC Gaesco Correduría works independently with the most prestigious and reliable Insurance

Companies to provide an effective solution to the client personal and professional needs

More than an insurance. The Service is oriented to the optimisation, planning and management of the Insurance

Portfolio as a whole, regardless of their nature, to offer the alternatives that best fits clients needs

19| www.grupo.gvcgaesco.com

Page 20: GVC Gaesco Corporate Presentation

Insurance Brokerage

20

Life

Absolute Disability, Professional Disability

Temporary Labour Incapacity

Accidents, Life, Deceases

Legal Protection

Pension Plans, PPAs and PIAS

Personal Insurance

Vehicles, homes

Offices, SMEs

Transportation Business

Accident Insurance

Self Employed Insurances

Protection on property renting

Employees loyalty

Protection and Indemnity Insurance

| www.grupo.gvcgaesco.com

Page 21: GVC Gaesco Corporate Presentation

4. Brokerage and Custody

Page 22: GVC Gaesco Corporate Presentation

Brokerage & Custody

Member of Barcelona, Madrid and Valencia Stock

Exchanges

Member of Euronext (France, Belgium, Holland,

Portugal), Xetra (Germany)

Access to other markets through other members: MTA

(Italy), Europe, USA / Canada, Asia, Oceania

MAB (Mercado Alternativo Bursátil) Registered Advisor

Equity Markets

22| www.grupo.gvcgaesco.com

AIAF custodian and clearing member

Entity Delegated by the Bank of Spain

Debt Management Company

MARF Registered Advisor

SEND Platform

NYSE Euronext Bonds, MOT, EuroTLX

Fixed Income Markets

MEFF custodian and clearing member

Derivatives Markets

Domestic Equities: Iberclear

Euronext and Xetra Equities: Kasbank

USA and the Rest of Europe Equities: BNP, BoNY

Equity Custody Services

Domestic Fixed Income: Iberclear

European Fixed Income: Euroclear

Fixed Income Custody Services

Page 23: GVC Gaesco Corporate Presentation

Brokerage

23

GVC Gaesco Platform: GVC Gaesco Markets

Mobile & Tablets: GVC Gaesco Broker

Phone – Execution Desk

Smart (SIBE)

MEFF

Sungard GL

Visual Chart

Visual Trader

EstuForex

MetaTrader 4

GVC Gaesco Trader (CFDs)

Access to markets: Trading Platforms

Phone orders | Electronic orders | Trading floor (Box)

Execution Desk from 08.00a.m. to 10 p.m.

| www.grupo.gvcgaesco.com

Page 24: GVC Gaesco Corporate Presentation

5. Corporate Finance

Page 25: GVC Gaesco Corporate Presentation

Corporate Finance

GVC Gaesco advices on and executes deals for listed and unlisted Companies

25

Equity and Bonds Issues: Global

Coordinator, Underwriter and

Placement

IPOs (Equity Markets, MAB &

MARF)

Capital Increase: listed and

unlisted companies

Investors

Agent Entity

Financing

MAB and MARF Registered Advisor

SOCIMI Registered Advisor

Liquidity Contracts and Own Shares

Policy

MAB and MARF Liquidity Contracts

Capital Structure

Strategy

Business Plan

Bank Financing

Syndicated / Structured Financing

Quoting Information

General Meeting of Shareholders

support and Shareholder Analysis

Communication

Advisory

Companies

Equity Stakes

Business Units

Activity branches

Debt

Assets

Valuation

| www.grupo.gvcgaesco.com

Page 26: GVC Gaesco Corporate Presentation

6. Research

Page 27: GVC Gaesco Corporate Presentation

Research

27| www.grupo.gvcgaesco.com

The Research Department at GVC Gaesco Beka offers institutional and retail clients a complete coverage of stocks.

7 analysts

Over 50 Spanish stocks covered

Integrated in ESN

100 analysts and 8 European countries

600 stocks covered throughout Europe

500 Road Shows per year

Sectors covered: Financials, Telecos, Utilities, Energy,

Construction, Food & Retail, IT, Luxury Goods,

Pharmaceuticals, Industrial, Tourism, Renewables, Real

Estate, Small Caps

Research assistance both to institutional and retail

customers

Research Founding member of ESN

ESN (European Securities Network) is a European network

founded in 1998 and currently formed by 8 members (one

per country), contributing local expertise and in-depth

knowledge in their respective areas

ESN provides services to approximately 1,000 institutional

clients in Europe, creating one of the largest client bases in

Europe

ESN analyses local companies with a sectorial pan-

European outlook

GVC Gaesco Beka is also present in the US via a stake

held in GSN North America

GVC Gaesco Beka (Spain) Banca Akros (Italy) Equinet (Germany) Caixa Banco de Investimento (Portugal) CM-CIC Securities (France) Investment Bank of Greece (Greece) NIBC Markets (Netherlands) Op Corporate Bank (Finland)

Page 28: GVC Gaesco Corporate Presentation

Research

28| www.grupo.gvcgaesco.com

The Research Department provides comprehensive research for internal and external clients, retail and institutional, via in-

house products

Daily equity and fixed income report: added value

on the daily performance of the Spanish market

and its stocks

Analyser: European daily report

Guides on Spanish and EU stocks (SM Caps and

Blue Chips)

Company and Sector reports: approx. 200-240 per

year

Fixed income company notes

Updates on market strategy and macro context

Reports on IPOs and other M&A operations

Top Picks lists

On-line contents

Research Products (Spain & Europe)

Organise meetings with listed companies and investors

Analyst presentations to institutional and private

investors

Road shows in Europe with institutional investors,

company visits

Continuous support

Seminars in London, Paris and Frankfurt

Inverse road shows with European institutional clients in

Spain; one-to-one with listed companies

Services Provided

Page 29: GVC Gaesco Corporate Presentation

7. Awards

Page 30: GVC Gaesco Corporate Presentation

19 awards in the last 10 years: a recognition of the Company’s strategy and investment philosophy

30| www.grupo.gvcgaesco.com

2015

Funds:GVC Gaesco Small Caps, FI,GVC Gaesco Op. Empresas Inmobiliarias, FIGVC Gaesco Japón, FI,GVC Gaesco 300 Places Worldwide, FI

Category: Top 20 Best Performing SpanishInvestment Funds in 2015

2013

Fund: IM 93 Renta, FIAward: Morningstar – El EconomistaCategory: Mixed Flexible Euro

Fund: GVC Gaesco Retorno AbsolutoAward: Lipper – Cinco DíasCategory: RA Eur Riesgo Alto

2011

Manager: Jaume Puig – Mejor Gestorde RV última décadaAward: Interactive Data – ExpansiónXXV Aniversario ExpansiónGVC Gaesco Small Caps, FICategory: Equity

2009

Fund: Bona Renda, FIAward: Eurofonds Fundclass (Le Monde)Category: Mixed Equity

2008

Fund: Gaesco Fondo de Fondos, FIAward: Eurofonds Fundclass (Le Monde)Category: Equity

2007

Fund: Catalunya Fons, FIAward: Eurofonds Fundclass (Le Monde)Category: Mixed Equity

Fund: Gaesco Fondo de Fondos, FIAward: Eurofonds Fundclass (Le Monde)Category: Equity

GVC Gaesco Gestión, SGIICAward: Eurofonds Fundclass (Le Monde)Category: All Funds

2006

Fund: Bona Renda, FIAward: Standard&Poor’s – ExpansiónCategory: Mixed Equity

Fund: Gaesco TFT, FIAward: Standard&Poor’s – ExpansiónCategory: Equity

Fund: Gaesco Fondo de Fondos, FIAward: Morningstar – IntereconomíaCategory: Equity

Fund: Cahispa Emergentes, FIAward: Morningstar – IntereconomíaCategory: Renta Variable

GVC Gaesco Gestión, SGIICAward: Lipper – Cinco DíasCategory: All Funds Fondos

Page 31: GVC Gaesco Corporate Presentation

2004

Fund: Fonsglobal Renta, FIAward: Standard&Poor’s – ExpansiónCategory: Mixed Equity

Fund: FonsManlleu Borsa, FIAward: Standard&Poor’s – ExpansiónCategory: Mixed Equity

GVC Gaesco Gestión, SGIICAward: Eurofonds Fund Class (Le Monde)Category: All Funds

Funds:Gaesco Small Caps, FI,GaescoQuant, FI,Gaesco Emergentfond, FI,Gaesco Fondo de Fondos, FI,Eurofondo, FI,Bolsalider, FI,Fondguissona, FI,Gaesco TFT, FI,Gaesco Multinacional, FI,Cahispa Small Caps, FI,Cahispa Eurovariable, FI,Cahispa Emergentes, FI,Cahispa Multifondo, FIAward: Standard&Poor’s – ExpansiónCategory: Equity

2002

Fund: Cahispa Renta, FIAward: Lipper – Cinco DíasCategory: Mixed Fixed Income

2001

Fund: Gaesco Fondo de Fondos, FIAward: Standard&Poor’s – ExpansiónCategory: Equity

Fund: Cahispa Renta, FIAward: Standard&Poor’s – ExpansiónCategory: Mixed Fixed Income

19 awards in the last 10 years: a recognition of the Company’s strategy and investment philosophy

31| www.grupo.gvcgaesco.com

Page 32: GVC Gaesco Corporate Presentation

Research

32| www.grupo.gvcgaesco.com

2017

• According to Thomson Reuters rankings GVC Gaesco Beka (ESN Partnership) ranks Nº 2 among the Top Award-Winning Brokers

for Iberia, based on the number of analysts nominated for Top Earnings Estimators and Top Stock Pickers. Our analysts ranked

highly in the following sectors: Fuel & Utilities; Consumer Products & Services; Real Estate; Metals, Materials & Supplies; Industrial

Products & Services. May 2017

2016

Our Energy & Utilities and Pharmaceutical analysts ranked 1st in Iberia, according to the rankings elaborated by Thomson Reuters

(previous Starmine). May 2016.

The Research Team’s Model Portfolio ranked among 3rd out of 50 in “El Economista”, accumulating +10.65% revaluation (at

2016). Published in “El Economista” December 2016

2015

ESN ranked by Cfi.Co (Capital Finance International) as the best European Equity Research entity in 2015. This award was also

obtained in 2013. August 2015

In the recent rankings released by Starmine (now Thomson Reuters) for Europe, a number or our analysts have been ranked

among the top positions in their respective sectors: 1st in Banks; 1st in Pharmacy & Healthcare; 3rd in Basic Resources. Published

in “Expansión” May 2015

Our Research Team’s Model Portfolio ranked among the top 10 of 54 in “El Economista”, accumulating +19.7% revaluation at 1Q

2015. Published in “El Economista” April 2015

Page 33: GVC Gaesco Corporate Presentation

Research

33| www.grupo.gvcgaesco.com

2014

Our Construction analyst ranked 2nd within the sector for Europe in 2014 by Starmine. 7 ESN analysts ranked among the leading

positions in the following sectors: machinery, media, automobiles, consumer, insurance, pharmaceuticals and financials. September

2014

Our Research Team ranked 3rd among the best Equities Research Team in Spain and Portugal in 2013 according to Starmine.

Among the rankings per analysts, some were among the top positions. Among the best earnings estimates were our Energy and

Basic Resources analysts. Published “Expansion” June 2014

The Head of the Research Department was chosen as one of the experts with which an investor would have earned most

according to a list elaborated by Bloomberg. Published “El Economista” May 2014

2013

ESN acknowledged by Cfi.Co for its Equity Research in 2013, including the innovative character in establishing a cooperative

system among the members of the alliance

http://cfi.co/awards/europe/2014/esn-partnership-wins-cfi-co-award-for-equity-research-in-europe-2013/

2012

Starmine Awards: Research Team ranked 3rd in Iberia. Technology Analyst ranked 2nd; Energy Analyst 6th. Basic Resource

analyst ranked 2nd in best earnings estimates. Published “Expansión”. July 2013. Fourth best Research firm in the Spanish market

according to Starmine from May 2011 to April 2112. Published “Expansión” July 2012

Our Model Portfolio participating in “Expansión” closed 2012 with +19.8% revaluation vs. the Ibex 35 -4.7%; ranking 6th out of 23

model portfolios participating

The Model Portfolio participating in “El Economist” ended 2012 +7.4% vs. the Ibex’ -6.1% (12 months ending November 2012).

Ranked 14th out of 52 model portfolios

Page 34: GVC Gaesco Corporate Presentation

Research

34| www.grupo.gvcgaesco.com

2011

Starmine: Among the 3 best Research firms in estimates earnings for the Spanish bourse. In addition 3 analysts among the top 6 in

earnings estimates. Published “Expansión”. July 2011. ESN ranked 3rd among the “Top Brokers” for Europe. Published Financial

Times May 2011

2010

Starmine: Best Research firm in 2010 in earnings estimates on listed companies. 2nd in earnings estimates for Ibex-35

companies. Published “Expansión” December 2010

2009

Starmine: Best Research firm in earnings estimates. In sector earnings estimates: 3rd Financials, 3rd Utilities and 3rd Healthcare.

Pubished “Expansión” July 2009. 3rd Best Research firm in recommendations. 2 analysts among the top 6 in recommendations

also. Published “Expansión” December 2009. ESN ranked 3rd in recommendations in the “FTSE EUROFIRST 300” elaborated by

Starmine

ESN Ranked Nº 1 in Europe in “Hit Rates” and 2nd in best relative recommendation performances, within the report “European

Large Cap Indices Research Year Book 2010”. These two rankings were elaborated by AQ Research, analysing European

companies forming part of the largest European indices (FTSE100, CAC 40, DAX, MIB, Ibex y SMI), up to 430 companies

covered by 70 research firms. Data at July 2010

2008

Starmine: Our Research team ranked 3rd in earnings forecasts for the Spanish market. Data at October

The Research team’s model portfolio was ranked the Best Model Portfolio 2008 by Expansión

Our model portfolio was ranked 2nd by “El Economista” Model Portfolio ranking

Page 35: GVC Gaesco Corporate Presentation

Research

35| www.grupo.gvcgaesco.com

2007

2nd Best Research Firm Iberia (Spain and Portugal), according to AQ Research’s “IBERIA Research Yearbook 2007”

2 of our analysts – and the only Spanish analysts - ranked among the top 10 in Europe according to a survey realised by Financial

Times and Starmine. These were the only two Spanish analysts among the top 10

2006

In “Starmine 2006 Annual Book” ESN ranked Nº1 in recommendations and earnings forecasts for the FTSE Eurotop 100

Leading Research Team in Spain during 6 consecutive quarters (2005-2006) in terms of reliable estimates on Spanish stocks

according to AQ Research

2005

Best analysts in reliable estimates in the financial and real estate sectors according to the French “La Tribune”

Best Model Portfolio according to “Expansión”

2004

Best Research Team in Spain according to “La Gaceta de los Negocios”

Page 36: GVC Gaesco Corporate Presentation

36

Corporate Finance (10 years miletones)

| www.grupo.gvcgaesco.com

Colocador y Asegurador

Emisión de Bonos67 M. EUR

2016

Colocador y Asegurador

Emisión de Bonos51 M. EUR

2016

Asesor en la venta del 30% del capital

2015

Colocador

Capitalización Bursátil17 M. EUR

2015

Colocador

Capitalización Bursátil19 M. EUR

2015

Asesor en la OPA de exclusión

Capitalización Bursátil1.526 M. EUR

2015

Colocador

OPV4.200 M. EUR

2015

Colocador y Agente

Capitalización Bursátil13 M. EUR

2016

Colocador y Agente

Ampliación de Capital 5 M. EUR

2016

Colocador y Agente

Ampliación de Capital160 M. EUR

2016

Colocador

Ampliación de Capital 18 M. EUR

2017

Colocador y Asegurador

Emisión de Bonos230 M. EUR

2014

Coordinador Global y Colocador

Capitalización Bursátil 22 M. EUR

2014

Colocación Acelerada5% del Capital

1.513 M. EUR

2014

Colocador

OPV participación ENEL2.700 M. EUR

2014

Page 37: GVC Gaesco Corporate Presentation

37

Corporate Finance (10 years miletones)

| www.grupo.gvcgaesco.com

Colocador y Asegurador

Emisión de Bonos400 M. EUR

2014 2014

Colocación Acelerada12% del capital

737 M. EUR

Entidad Colocadora Colocación acelerada

10% del capital152 M. EUR

2014

Entidad Coordinadora Global

Ampliación de Capital 50 M. EUR

2014 2013

Colocador

Ampliación de Capital6 M. EUR

Entidad Coordinadora y Colocador

Capitalización bursátil21 M. EUR

2013

Colocación Acelerada12% del capital

978 M. EUR

2013

Colocador y Asegurador

Emisión de Bonos493 M. EUR

2013

Colocador y Asegurador

Emisión de Bonos2.300 M. EUR

2012

Colocador y Asegurador

Emisión de bonos180 M. EUR

2012

Entidad Agente OPA Mapfre Familiar sobre

Funespaña

2012

ColocadorAmpliación Capital

6 M. EUR

2012

Colocador

CapitalizaciónBursáti14 M. EUR

2012

Colocador y Asegurador

Emisión Bonos4.300 M. EUR

2011

Colocador

Capitalización Bursátil

9,4 M. EUR

2012

Page 38: GVC Gaesco Corporate Presentation

38

Corporate Finance (10 years miletones)

| www.grupo.gvcgaesco.com

Colocador

Emisión Bonos3.200 M. EUR

2011

Colocador y AseguradorEmisión Bonos

1.500 M. EUR

2011

Coordinador Global y Colocador

Ampliación de Capital22,5 M. EUR

2011

Asegurador y Colocador

OPV/OPS4.070 M. EUR

2011

Coordinador Global y Colocador

Capitalización Bursátil22 M. EUR

2011

Colocador

Capitalización Bursátil

EUR 100m

2011

Colocador

Capitalización Bursátil

9,2 M. EUR

2011

2010

Colocador

2600 M. EUR

Colocador y Asegurador

Emisión bonos3.000 M. EUR

2010 2010

Colocador

Capitalización Bursátil

12,5 M. EUR

2010

Colocador

Capitalización Bursátil

4,3 M. EUR

ColocadorAmpliación Capital Afirma Inmobiliaria

(Quabit Inmobiliaria)

840 M. EUR

2009

Colocador

Ampliación de Capital

82 M. EUR

2009

Colocador

OPV/OPS3.542 M. EUR

2007

Director, Asegurador, Colocador y Agente

Ampliación de Capital45 M. EUR

2007

Page 39: GVC Gaesco Corporate Presentation

39

Corporate Finance (10 years miletones)

| www.grupo.gvcgaesco.com

Estructurador, Asegurador y Colocador

Ampliación de Capital144 M. EUR

2007

Director, Asegurador y Colocador

Ampliación de Capital39 M. EUR

2007

Asegurador, Colocador y Agente

Ampliación de Capital151 M. EUR

2007

Asegurador y Colocador

OPV/OPS333 M. EUR

2006

Asegurador y Colocador

OPV/OPS5.720 M. EUR

2006

Asegurador y Colocador

OPV/OPS209 M. EUR

2006

Asegurador y Colocador

OPV/OPS779 M. EUR

2006

Page 40: GVC Gaesco Corporate Presentation

40

Corporate Finance (10 years miletones)

| www.grupo.gvcgaesco.com

Asesor RegistradoProveedor de Liquidez

2012

Asesor RegistradoProveedor de Liquidez

2014

Proveedor de Liquidez

2011

Asesor Registrado enel proceso de incorporación

al MAB

2015

Asesor Registrado

2013

Proveedor de Liquidez

2014

Asesor Registrado

2015

Asesor Registrado

2015

Asesor Registrado

2015

Asesor Registrado

2015

Asesor Registrado

2015

Asesor Registrado enel proceso de incorporación

al MAB

2015

Page 41: GVC Gaesco Corporate Presentation

8. Offices

Page 42: GVC Gaesco Corporate Presentation

Offices

42| www.grupo.gvcgaesco.com

Barcelona

Girona

Madrid

Sevilla

Valladolid

Vinaròs

Valencia

Oviedo

Lleida

Zaragoza

Bilbao

Tolosa

Alicante

Palma de Mallorca

SabadellVic

Reus

Page 43: GVC Gaesco Corporate Presentation

Offices

| www.valores.gvcgaesco.com 43

Barcelona Palma de Mallorca VinaròsDr. Ferran, 3 - 5 Av. Jaume III, 19, 4ºB Villareal, 2, Bajos

08034 - Barcelona 07012 - Palma de Mallorca 12500 - Vinaròs

Tel. 933 662 727 [email protected] [email protected]

Fax 934 140 662 Tel. 971 010 400 Tel./Fax 964 407 639

Fax 971 010 400

Madrid Reus ZaragozaTorre Serrano Plaça Prim, 14, 2º 3ª Paseo de la Independencia, 6, 1º 1ª

Marqués de Villamagna, 3 43201 - Reus 50004 - Zaragoza

28001 - Madrid [email protected] [email protected]

Tel. 914 315 606 Tel. 977 342 559 Tel. 976 078 041

Fax 915 762 937 Fax 977 345 256 Fax 976 233 485

Girona SabadellAvda. Jaume I, 76, 2º 2ª Narcís Giralt, 67

17001 – Girona 08202 - Sabadell

[email protected] [email protected]

Tel. 972 981 400 Tel. 937 484 790

Fax 972 98 14 01 Fax 937 484 791

Valencia SevillaPoeta Querol, nº 3, 1º 1ª Almirante Lobo, 3

46002 - Valencia 41001 - Sevilla

[email protected] [email protected]

Tel. 961 134 965 Tel. 955 328 500

Fax 961 134 966 Fax 955 328 501

Alicante TolosaAv. Maisonave nº28 Bis, 2º, Oficina 9 Gudari, 9, Bajos

03003 - Alicante 20400 - Tolosa

[email protected] [email protected]

Tel. 965 230 767 Tel. 943 655 767

Fax 965 063 600 Fax 943 654 871

Bilbao ValladolidGran Vía, nº 15, 4º Dcha. Dpto. 10 La Lira, 2

48001 - Bilbao 47003 - Valladolid

[email protected] [email protected]

Tel. 946 791 316 Tel. 983 268 726

Fax 946 532 498 Fax 983 320 060

Oviedo VicDoctor Casal, 10, 2º B Miramarges, 7, 1º 2ª

33001 – Oviedo 08500 - Vic

[email protected] [email protected]

Tel./Fax 985 222 661 Tel. 933 804 133

Fax 933 804 135

Page 44: GVC Gaesco Corporate Presentation

GVC Gaesco Beka S.V. S.A. is member of the Comisión Nacional del Mercado de Valores with number 182, is member of Bolsas de Barcelona, Madrid and Valencia,settlement and custody member of MEFF and debt manager with total capacity

GVC Gaesco Beka is a brokerage firm legally authorized to render investment services as referred in the article 63 of la Ley del Mercado de Valores and its ordinance,particularly the Real Decreto 217/2008, on the 15th February, on the law for investment services companies, the Ministerial Order on 7th October 1999 of developing thegeneral code of conduct on portfolio managing and the Comisión Nacional del Mercado de Valores (CNMV) 2/2001, 30th May circular

The competent authorities that regulate GVC Gaesco activities are Comisión Nacional del Mercado de Valores, Paseo de la Castellana, 19, 28046 Madrid; Banco de España,Alcalá, 48, 28014 Madrid

GVC Gaesco Beka is subjected to Fondo de Garantía de inversiones (FOGAIN) in accordance with the current law, FOGAIN, Paseo de la Habana, 82, 28036 Madrid

GVC Gaesco Beka renders the client the following contract services:

- Postal mail to GVC Gaesco Beka S.V. S.A., Dr. Ferran, 3 - 5, 08034 Barcelona

- Telephone service 902 238 914

- Switchboard telephone / fax 93 366 27 27 / 93 550 47 75

- Corporate e-mail [email protected]

General information on GVC Gaesco Beka, as well as information related to agents are available on the website www.valores.gvcgaesco.com. Client’s can communicate withGVC Gaesco Beka in Spanish and Catalan.

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