Faes Farma SA

The functions of the Audit and Compliance Committee, as stated in its Regulations, include the periodic evaluation of the adequacy of the Group's corporate governance system, to ensure that it fulfils its mission of promoting the corporate interest and takes into account, as appropriate, the legitimate interests of its stakeholders. In this regard, during the financial years 2020 and 2021, changes have been made to the Articles of Association, the Board Regulations and the Regulations of the Audit and Compliance Committee in order to comply with the latest amendments to the Good Corporate Governance recommendations made by the CNMV in 2020. Among these changes is the attribution to the Audit and Compliance Committee of responsibility for environmental, social and corporate governance matters, with the following functions:

� Oversee compliance with the company's corporate governance rules and internal codes of conduct, and ensuring that the corporate culture is aligned with its purpose and values.

� Oversee the implementation of the general policy regarding the communication of economic-financial, non-financial and corporate information, as well as communication with shareholders and investors, proxy advisors and other stakeholders. It will also monitor how the Group communicates and engages with small and medium-sized shareholders.

� Regularly assess and monitor the Group's corporate governance system and its environmental and social policy to ensure that they fulfil their mission of promoting the social interest and take into account, as appropriate, the legitimate interests of other stakeholders.

� Monitor that the Group's environmental and social practices are in line with the strategy and policy.

� Supervise and evaluate stakeholder engagement processes.

� Coordinate the process of reporting non-financial and diversity information in accordance with applicable regulations and international benchmark standards.

Every year, the Faes Farma Group makes its Annual Corporate Governance Report public and accessible on its website, in which it duly reports on its activities in this area.

#### 4. POLICY DISSEMINATION, MONITORING AND GOVERNANCE

The approval and modification of the Sustainability Policy corresponds to the Board of Directors of Faes Farma.

Pursuant to its Regulations, the Audit and Compliance Committee has among its functions the evaluation
and supervision of this Policy, so that it fulfils its mission of promoting the corporate interest and takes into
account, as appropriate, the legitimate interests of the remaining stakeholders.

The Committee is also entrusted with the following additional functions relating to environmental, social
and corporate governance matters:

- Overseeing compliance with corporate governance rules and internal codes of conduct, and ensuring
that the corporate culture is aligned with its purposes and values.
- Overseeing the implementation of the general communication policy.
- Overseeing that the Company's environmental and social practices are in line with the Policy and
strategy.
- Supervise and evaluate the processes of relations with the different stakeholders.
- Coordinate the reporting process for non-financial and diversity information.

In order to support the Audit and Compliance Committee with these responsibilities, Faes Farma will
designate a corporate manager for the execution of the different actions that serve to implement and
communicate the commitments and principles defined in this Policy.

Finally, Faes Farma undertakes to provide sufficient information on the implementation, development and
results of the Policy.

#### 4. POLICY DISSEMINATION, MONITORING AND GOVERNANCE

The approval and modification of the Sustainability Policy corresponds to the Board of Directors of Faes Farma.

Pursuant to its Regulations, the Audit and Compliance Committee has among its functions the evaluation and supervision of this Policy, so that it fulfils its mission of promoting the corporate interest and takes into account, as appropriate, the legitimate interests of the remaining stakeholders.

The Committee is also entrusted with the following additional functions relating to environmental, social and corporate governance matters:

- Overseeing compliance with corporate governance rules and internal codes of conduct, and ensuring
that the corporate culture is aligned with its purposes and values.
- Overseeing the implementation of the general communication policy.
- Overseeing that the Company's environmental and social practices are in line with the Policy and
strategy.
- Supervise and evaluate the processes of relations with the different stakeholders.
- Coordinate the reporting process for non-financial and diversity information.

In order to support the Audit and Compliance Committee with these responsibilities, Faes Farma will
designate a corporate manager for the execution of the different actions that serve to implement and
communicate the commitments and principles defined in this Policy.

Finally, Faes Farma undertakes to provide sufficient information on the implementation, development and
results of the Policy.

This policy will be available on the Faes Farma website (www.faesfarma.com) and will be handed out or
made available to employees on the Intranet so that they can become familiar with it.