MUPITI CALLS ELECTIONS

Following instructions from the President of the Mutual Authority, Mr. José Carlos Pardo García, in accordance with the provisions of the Statutes, the Mupiti Election Regulations and the election calendar approved by the Board of Directors at a meeting held on February 2, 2018, I inform you of the CALL FOR ELECTIONS OF MUPITI corresponding to the year 2018 , in which the information regarding the positions to be chosen and the requirements, term and form for the presentation of the candidacies are detailed:

I. CHARGES TO CHOOSE

A. ELECTIONS TO MEMBERS OF THE FINANCIAL CONTROL COMMISSION

Election of the three members of the Financial Control Commission, for a period of one year.

B. ELECTIONS TO MEMBERS OF THE INTERNAL CONTROL COMMISSION

Election of the three members of the Internal Control Commission, for a period of one year.

II. REQUIREMENTS, DEADLINE AND FORM OF SUBMISSION OF CANDIDATURES

All mutualists who meet, at the date of the call, the requirements required to be part of each of the bodies and commissions in which the provision and renewal of its members, being an indispensable condition to be eligible, may be present up to date in the fulfillment of mutual obligations.

We expressly signify that the fulfillment of mutual obligations refers to all the obligations that the legal regulations and internal regulations of Mupiti, ie Statutes, Regulations and other norms, establish for mutualists. In this sense, we want to expressly state that those mutualists who may be involved in any situation that may imply a conflict of interest with the Mutuality may not present themselves as candidates to be elected members of their bodies.

A. MEMBER CANDIDATURES OF THE FINANCIAL CONTROL COMMISSION.

1. REQUIREMENTS.

All mutualists who are up to date with the payment of fees and their mutual obligations may be candidates for members of the Financial Control Commission.

The positions of member of the Financial Control Commission are incompatible with those of the Board of Directors, Delegates Committee and Internal Control Commission.

2. FORM AND DEADLINES.

The applications must be submitted in writing that will be delivered to the offices of the Mutualidad before 15:00 on April 30.

Once the deadline established for the presentation of candidacies has ended and within five calendar days following the end of the same, the Board of Directors will proceed to the proclamation of the candidates, corresponding to the Secretary, to communicate, both to the interested parties and to the respective Colleges, the decision on the proclaimed and excluded candidates.

3. POSSIBILITY OF REELECTION.

The members of the Financial Control Commission can be re-elected.

B. MEMBER CANDIDATURES OF THE INTERNAL CONTROL COMMISSION.

1. REQUIREMENTS.

All mutualists who are up to date with the payment of fees and their mutual obligations, and who prove sufficient knowledge and experience, may be candidates for members of the Internal Control Commission.

The positions of member of the Internal Control Commission are incompatible with those of the Board of Directors, Delegates Committee and Financial Control Commission.

2. FORM AND DEADLINES.

The applications must be submitted in writing that will be delivered to the offices of the Mutualidad before 15:00 on April 30.

Once the deadline established for the presentation of candidacies has ended and within five calendar days following the end of the same, the Board of Directors will proceed to the proclamation of the candidates, corresponding to the Secretary, to communicate, both to the interested parties and to the respective Colleges, the decision on the proclaimed and excluded candidates.

3. POSSIBILITY OF REELECTION.

The members of the Internal Control Commission can be re-elected.