Abengoa, S.A. announced that in order to simplify the executive structure of the company and contribute to foster the independent management of Abengoa Yield, Plc, the Board of directors, during the meeting held on Nov. 27, 2015, has approved and accepted the resignation of Mr. Santiago Seage as director in order to facilitate his exclusive dedication to the office of Managing Director of AbengoaYield Plc's, office for which he has been appointed. This resignation includes his resignation as first Vice Chairman and CEO.

(iii) Consequently, the Board of Directors has, as of the date hereof, one sole vice chairman, Mr. Antonio Fornieles Melero and appointment of Mr. Joaquín Fernández de Piérola Marín as new General Manager of the company, who will have the powers expressly delegated in his favor by the Board of Directors but without having for such reason the condition of CEO.