Red Electrica de España S A : Appointment of Director and Chairwoman of the Board of Directors and of the Company
February 25, 2020 at 11:21 am EST
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COMISIÓN NACIONAL DEL MERCADO DE VALORES Área de Mercados C/Edison, 4
28006 Madrid
Madrid, 25 February 2020
Dear Sirs:
In accordance with the provisions of article 227 of the consolidated text of the Spanish Securities Market Act, I attach hereto the following relevant information concerning Red Eléctrica Corporación, S.A. ("REC" or the "Company"):
The Board of Directors of Red Eléctrica Corporación, S.A., at its meeting held on 25 February 2020, has adopted, among others, the following resolutions:
Appoint Ms. Beatriz Corredor Sierra Director of Red Eléctrica Corporación, S.A., in the category of "other external" directors, at the proposal of the Appointments and Remunerations Committee, until the first General Shareholders' Meeting is held, in order to cover the vacancy existing on the Board of Directors as a result of the resignation tendered by Mr. Jordi Sevilla Segura as Director and Chairman of the Company on 28 January 2020.
In accordance with the provisions of article 21 of the Bylaws and 9 of the Regulations of the Board of Directors and prior favourable report of the Appointments and Remunerations Committee, appoint Ms. Beatriz Corredor Sierra Chairwoman of the Board of Directors and non-executive Chairwoman of the Company.
Yours sincerely,
Signed: Rafael García de Diego Barber
Secretary-General and Secretary of the Board of Directors
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Red Eléctrica Corporación SA published this content on 25 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2020 16:20:09 UTC
Redeia Corporacion S.A. (formerly Red Eléctrica Corporación, S.A.) specializes in electricity transmission services and operation of electric networks. Net sales (including intragroup) by activity break down as follows:
- management and operation of electrical networks (82.7%): owning, at the end of 2022, of a network of 45,019 km of high-voltage lines and over 600 substations. The group also offers consulting, engineering, construction and maintenance services. Spain accounts for 95.8% of net sales;
- management and operation of satellite telecommunications networks (11.2%);
- management and operation of fiber optic telecoms networks (4.8%);
- other (1.3%).
Net sales are distributed geographically as follows: Spain (88.9%), Europe (1.6%) and other (9.5%).
REDEIA CORPORACION S.A. 
