Alcobendas, April 26, 2018

SPANISH STOCK EXCHANGE COMMISSION

According to article 228 of the consolidated text of the Securities Market Act and its related legislation, Indra makes public the following:

RELEVANT EVENT

The Board of Directors of Indra has approved today the common draft of terms of segregation, merger and spin-off regarding to the corporate reorganization announced in the Strategic Plan 2018-2020, that sets out the incorporation of all IT businesses into a new fully owned subsidiary of Indra.

The text of the common draft terms, together with the report of the independent expert appointed by the Mercantile Registry regarding the contributions to be made, are available on the corporate website of the Company(www.indracompany.com).

All of which is announced to all appropriate effects.

Carlos González

Vicesecretary of the Board of Directors

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Indra Sistemas SA published this content on 26 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2018 16:43:07 UTC