THE BOARD OF TRUSTEES FOUNDING MEMBERS The President of the Basque Government, Mr Iñigo Urkullu Renteria The Deputy General of the Provincial Council of Biscay, Mr José Luis Bilbao Eguren The President of the Solomon R. Guggenheim Foundation, Ms Jennifer Stockman STRATEGIC TRUSTEES The President of BBK Fundación Bancaria, Mr Xabier Sagredo Ormaza The President of Fundación Iberdrola, Mr Manuel Marín González The Director General of Fundación BBVA, Mr Rafael Pardo Avellaneda A Member of the Management Board of ArcelorMittal, Mr Gonzalo Urquijo Fernández de Araoz TRUSTEES The Mayor of Bilbao, Mr Ibon Areso Mendiguren A Trustee of Fundación Vizcaína Aguirre, Ms Teresa de Icaza y Ampuero The President of Diario El Correo, S.A.U., Mr Santiago de Ybarra y Churruca The President of Industria de Turbo Propulsores, S.A., Mr Ricardo Martí Fluxá The President of Iberia Líneas Aéreas de España, S.A., Mr Luis Gallego Martín The President of Euskaltel, S.A., Mr Alberto García Erauzkin The President of Fundación Vodafone España, Mr Francisco Román Riechmann The President of Petróleos del Norte, S.A., Mr Josu Jon Imaz San Miguel The Director General of Editorial Iparraguirre, S.A., Mr Javier Andrés Larrinaga The Partner of PriceWaterhouseCoopers, S.L., Mr Javier Urizarbarrena Bernardo The Board Member of Tubos Reunidos, S.A., Mr Enrique Portocarrero Zorrilla Lequerica The CEO of Bilbao Compañía Anónima de Seguros y Reaseguros, Mr Ignacio Álvarez Juste The CEO-Director General of Sociedad Rectora de la Bolsa de Valores de Bilbao, S.A.U., Mr Manuel Ardanza Fresno The Representative of Fundación Bancaria “la Caixa”, Mr Juan José Muguruza Angulo The Representative of the Board of Telefónica, S.A. in the Basque Country, Mr José Javier Echenique Landiribar The Director General of Euskal Irrati Telebista, Ms María Teresa Iturbe Mendialdua The President of Fundación Eulen, Mr David Álvarez Díez The President of Naturgas Energía Grupo, S.A., Mr Manuel Menéndez Menéndez The Managing Director of Metro Bilbao, S.A., Mr Eneko Arruebarrena Elizondo The CEO of Ferrovial Servicios, S.A., Mr Santiago Olivares Blázquez The Director of Fundación Prosegur, Ms Mercedes Borbolla Fernández-Escandón