Company Sniace, S.A.

Sniace SA is a Spain-based company primarily active in the chemical sector. The Company's main activities are structured into five divisions: Cellulose, Viscose, Electricity Generation, Biofuels and Forestry. The Cellulose division is specialized in the manufacturing of cellulose for textile, sanitary and hygienic applications. The Viscose division is involved in the manufacturing of cut viscose for the production of textile and nonwoven fabrics. In the Electricity Generation division, the Company is active in the generation of electric and thermal energy. The Biofuels division is focused on the production of bioethanol. The Forestry division is in charge of the provision of sustainable forestry consulting and services.