The FCC Group held an Extraordinary General Meeting and a Board of Directors meeting this afternoon to approve the reduction of capital stock through the acquisition of own shares for subsequent redemption, in accordance with applicable regulations, through a public tender offer formulated by the Company and aimed at holders of FCC shares for a maximum of 32,027,600 own shares, with a par value of 1 euro each, at a price per share of 12.50 euros.

By its very nature, the operation pursues a dual purpose: firstly, the offer provides a specific liquidity mechanism for all FCC shareholders through the acquisition by the Company of FCC shares held by them under the same conditions and following strict criteria of transparency, parity of treatment and non-discrimination; and secondly, the redemption of own shares acquired in the framework of the offer would contribute to the remuneration of FCC shareholders who do not accept the offer through the possible increase in earnings per share, which is in line with FCC's priority objective of creating shareholder value.

In addition, the same bodies have approved the reduction of FCC's share capital by a nominal amount of 854,234 euros, through the redemption of 854,234 own shares, each with a par value of 1 euro, representing 0.19% of the share capital, which the Company held as treasury shares on 27 June 2023.