1. Capital Reduction Announcement

Notice is hereby given of the resolution to reduce the share capital adopted at the Universal General Meeting of Shareholders through the cancellation of 2,300 shares.

For the purposes set forth in Article 319 of the Spanish Companies Act and Article 170 of the Commercial Registry Regulations, it is hereby announced that the Universal General Meeting of MADERAS Y CHAPAS BLANQUER S.A., held on 25 July 2023, resolved—following a duly justified written report from the Board of Directors—to reduce the share capital by the amount of SIXTY-NINE THOUSAND ONE HUNDRED FIFTEEN EUROS (€69,115.00), in order to refund contributions to one of the shareholders corresponding to 2,300 shares numbered 1 to 600, 1,801 to 2,680, and 8,481 to 9,200, all inclusive, each with a nominal value of €30.05, through the cancellation of said shares.

This resolution was adopted in order to satisfy the right of separation exercised by the aforementioned shareholder due to the lack of dividend distribution as referred to in Article 348 bis of the Spanish Companies Act. The capital reduction is carried out entirely through the cancellation of the shares at their reduced nominal value, resulting in Ms. Trinidad Blanquer Calatayud ceasing to hold shareholder status, while the remaining shareholders retain their positions.

As a result of this resolution, the share capital is reduced by 2,300 shares, amounting to SIXTY-NINE THOUSAND ONE HUNDRED FIFTEEN EUROS (€69,115) in nominal value.

Following the capital reduction, the company’s share capital is set at TWO HUNDRED SEVEN THOUSAND THREE HUNDRED FORTY-FIVE EUROS (€207,345), represented by 6,900 shares, each with a nominal value of €30.05.

Pursuant to Articles 334 and 336 of the Spanish Companies Act, creditors of the Company may oppose the capital reduction within a period of one month from the date of the last publication of this capital reduction announcement, under the terms set forth in said articles.

The resolution to reduce the share capital entails the amendment of Article Five of the Articles of Association, relating to the new share capital of MADERAS Y CHAPAS BLANQUER S.A.

30 January 2025
Secretary of the Board of Directors
Jorge Blanquer Blanquer