Ebro Foods S A : 2021.06.30 EN Acuerdos adoptados JGA junio2021

TO THE NATIONAL SECURITIES MARKET COMMISSION

Madrid, 30 June 2021

Reference: Resolutions adopted at the Annual General Meeting of Ebro Foods, S.A.

In pursuance of section 227 of the Securities Market Act, Ebro Foods, S.A. hereby notifies as

OTHER RELEVANT INFORMATION

the resolutions adopted at the Annual General Meeting of Shareholders of Ebro Foods, S.A. held exclusively online on second call this morning, 30 June 2021.

Yours faithfully,

Luis Peña Pazos

Secretary of the Board

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RESOLUTIONS ADOPTED

ANNUAL GENERAL MEETING OF SHAREHOLDERS

30 JUNE 2021

RESOLUTIONS ADOPTED UNDER ITEM ONE ON THE AGENDA

1.1. Examination and approval, if appropriate, of the separate and consolidated annual accounts and the management report (including, as appropriate, the Consolidated Statement of Non-Financial Information and the Annual Corporate Governance Report) of Ebro Foods, S.A. for the year ended 31 December 2020.

"To approve the separate and consolidated annual accounts and management report (including, as appropriate, the Consolidated Non-Financial Statement and the Annual Corporate Governance Report) of Ebro Foods, S.A. for the year ended 31 December 2020."

1.2. Examination and approval, if appropriate, of the Non-Financial Statement of the consolidated Group included in the consolidated Management Report for the year ended 31 December 2020.

"To approve the Non-Financial Statement of the Ebro Foods Group included in the consolidated Management Report for the year ended 31 December 2020."

RESOLUTION ADOPTED UNDER ITEM TWO ON THE AGENDA

Examination and approval, if appropriate, of the management of corporate affairs by the Board of Directors of Ebro Foods, S.A. during the year ended 31 December 2020.

"To approve the management and actions of the Board of Directors of Ebro Foods, S.A. during the year ended 31 December 2020."

RESOLUTION ADOPTED UNDER ITEM THREE ON THE AGENDA

Examination and approval, if appropriate, of the application of profit obtained during the year ended 31 December 2020, including the cash payment of an annual dividend of 0.57 euros per share.

"To approve the proposed application of profit of Ebro Foods, S.A. for the year ended 31 December 2020, as shown below and indicated in the notes to the separate annual accounts:

Basis for distribution

Unrestricted reserves

Balance of profit and loss account (profit)

Amount

(€ 000)

937,800

34,461

972,961

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To approve the distribution of a cash dividend of 0.57 euros gross per share outstanding against the unrestricted reserves and the profit posted in 2020, payable over 2021 in three payments of 0.19 euros gross per share each, on 6 April, 30 June and 1 October 2021.

The dividend payments made on 6 April and today, 30 June 2021 are thus ratified."

RESOLUTION ADOPTED UNDER ITEM FOUR ON THE AGENDA

Approval, if appropriate, of the remuneration of directors for their duties as such.

"To approve the following remuneration of the directors for their duties as such in 2020, in accordance with the current Article 22 of the Articles of Association:

1. Fixed remuneration of the directors for their duties as such: EUR 2,850 thousand.
2. Attendance fees of EUR 1,600 for attending the company board meetings and EUR 800 for attending the different committee meetings."

RESOLUTIONS ADOPTED UNDER ITEM FIVE ON THE AGENDA

Re-election of directors, voting separately and individually on each one.

5.1 Re-election of the director Belén Barreiro Pérez-Pardo

"To re-elect Belén Barreiro Pérez-Pardo as company director for the statutory term of four years. Belén Barreiro Pérez-Pardo is classified as an independent director."

5.2 Re-election of the director Mercedes Costa García

"To re-elect Mercedes Costa García as company director for the statutory term of four years. Mercedes Costa García is classified as an independent director."

"Pursuant to section 529 decies of the Corporate Enterprises Act on the appointment and re-election of directors, the resolutions laid before the shareholders under this item on the agenda are proposed by the Board of Directors following proposals submitted by the Nomination and Remuneration Committee, after issuance of the necessary reports by that Committee and the Board. Those proposals and reports are incorporated in the minutes of the General Meeting and, together with the information regarding the identity, curriculum and category of the directors, they have been published on the Company's website www.ebrofoods.esand available to shareholders since the date of publication of the notice of call to the General Meeting."

RESOLUTIONS ADOPTED UNDER ITEM SIX ON THE AGENDA

Alteration, if appropriate, of the following articles of the Articles of Association, voting separately and individually on each one:

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6.1. Alteration of Article 5 ("Registered office") of Title I (Name, duration, objects, financial year and registered office) of the Articles of Association

"To approve the alteration of Article 5 ("Registered office") of Title I (Name, duration, objects, financial year and registered office) of the Articles of Association, which will be reworded as follows:

Article 5: Registered office

The registered office of the company is at Paseo de la Castellana no. 20, floors 3 and 4, Madrid. The Board of Directors is authorised to move this registered office within the country.

The Board may resolve to open, move or close branches, agencies, delegations, representative offices or other offices of the company."

6.2. Alteration of Article 13 ("Attendance") of Chapter I (General Meeting) of Title III

(Corporate Bodies) of the Articles of Association

"To approve the alteration of Article 13 ("Attendance") of Chapter I (General Meeting) of Title III (Corporate Bodies) of the Articles of Association, which will be reworded as follows:

Article 13: Attendance

General meetings may be attended by all shareholders who have recorded their shares in the corresponding accounting record five days prior to the date of the meeting, evidenced as determined in the Regulations of the General Meeting and the notice of call.

The members of the board are obliged to attend general meetings.

The Chairman may authorise attendance by such other persons as he may deem fit, although this authorisation may be overturned by the general meeting."

6.3. Alteration of Article 14 ("Proxies") of Chapter I (General Meeting) of Title III

(Corporate Bodies) of the Articles of Association

"To approve the alteration of Article 14 ("Proxies") of Chapter I (General Meeting) of Title III (Corporate Bodies) of the Articles of Association, which will be reworded as follows:

Article 14: Proxies

Any shareholder entitled to attend may be represented at general meetings by another person, even if the latter is not a shareholder.

The appointment and revocation of proxies, notification to the company, formalities, contents and limitations on representation and conflicts of interest of the proxy shall be governed by the applicable legal provisions, these Articles of

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Association, the Regulations of the General Meeting and any resolutions adopted by the Board.

This right to representation is without prejudice to the legal provisions established for family representation, general powers of attorney and proxy solicitations. In any case, no shareholder may have more than one proxy at any general meeting, although any intermediaries legitimately recognised as shareholders by virtue of the accounting record of their shares but acting on behalf of several final beneficiaries may delegate the votes to each of the final beneficiaries or to third parties designated by the latter, with no limit on the number of delegations that may be made."

6.4. Alteration of Article 17 ("Presiding board. Information, discussion and voting. Postal and electronic vote and proxy") of Chapter I (General Meeting) of Title III

(Corporate Bodies) of the Articles of Association

"To approve the alteration of Article 17 ("Presiding board. Information, discussion and voting. Postal and electronic vote and proxy") of Chapter I (General Meeting) of Title III (Corporate Bodies) of the Articles of Association, which will be reworded as follows:

Article 17: Presiding board. Information, discussion and voting. Postal and electronic vote and proxy prior to the General Meeting

1. The directors attending the general meeting shall form the Presiding Board. After drawing up the attendance list and declaring the meeting open, the Secretary shall read out the items on the agenda, which shall be duly debated. The Chairman shall speak first, followed by such persons as he may authorise, including the Chairs of the Board Committees whenever necessary or convenient in respect of the business on the agenda. The Chairman shall then grant the floor to such shareholders as may so request, directing the debate and ensuring that it stays within the confines of the agenda.

From the date of publication of the notice of call to the general meeting up to five days, inclusive, before the date scheduled for the general meeting on first call, shareholders may request in writing such information or explanations as they may deem necessary, or submit such written questions as they may deem fit, on the items on the agenda. Shareholders may also request, in writing within the same time, such explanations from the directors as they may deem fit on the information accessible to the public supplied by the company to the National Securities Market Commission (CNMV) since the last General Meeting and explanations regarding the auditors' report. In these cases, the directors will be obliged to provide the information requested, in writing, up to the date of the General Meeting.

Valid requests for information, explanations or questions submitted in writing and the written answers given by the directors shall be published on the Company's website.

Whenever the information contemplated in a specific question is already available to all shareholders clearly, expressly and directly on the company's website in

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