Urbas Grupo Financiero, S.A.

Urbas Grupo Financiero SA, formerly Urbas Proyectos Urbanisticos SA, is a Spain-based company primarily engaged in the real estate sector. The Company’s activities include the acquisition, development and sale of land and residential properties, mainly in the Guadalajara and Almeria provinces. The Company is also involved in the development of urban projects across Spain and the Moroccan city of Tangier, as well as in the management and treatment of solid waste and contaminated soils. It also holds minor stakes in companies active in the renewable energy sector. The Company is a parent of Grupo Urbas Guadahermosa, a group which comprises such controlled entities as Urbanijar Iberica SL, Urbas Maroc SARL, Explotaciones Turisticas de Vera SLU, Guadahermosa Proyectos Urbanisticos del Mediterraneo SL, Teleoro Medios SL, Urbas Bulgaria EOOD and Urbas Romania SA, among others.