Wallbox N.V. announced the appointment of Cesar Ruipérez to the Wallbox Board of Directors and named him as Chairperson of Wallbox's Nominating and Corporate Governance Committee. He will fill the seat previously held by Diego Diaz. Mr. Ruipérez has served as a Director of Corporate Development at Iberdrola, S.A., a Spanish multinational electric utility company, since October 2008.

At Iberdrola, Mr. Ruipérez has led various acquisitions, divestments and joint ventures in different geographies and business segments. Prior to joining Iberdrola, from September 2005 to October 2008, Mr. Ruipérez served as an analyst at Deloitte and 360 Corporate in the mergers and acquisitions departments, advising industrial customers and financial sponsors in various transactions, including acquisitions, divestments and restructurings. Mr. Ruipérez holds an International Business Administration degree from Universidad Pontificia Comillas in Madrid (ICADE) and Dublin City University (DCU).