Indra’s General Shareholders’ Meeting ratifies Marc Murtra as its Executive Chairman and approves the arrival of Javier Escribano as a director and the segregation of Indra Espacio

Indra’s Ordinary General Shareholders’ Meeting held today, June 27, 2024, at the company’s headquarters in Alcobendas, Madrid, ratified Marc Murtra as the company’s Executive Chairman, approved the appointment of Javier Escribano as a nominee director representing Advanced Engineering and Manufacturing, SL, and endorsed the creation of Indra Espacio to segregate all of the company’s activities in the sector, after approving all the items on the agenda.

82,0334% of the shareholders present or represented at the meeting approved the Group’s annual accounts and management and sustainability reports for 2023, as well as the payment of a dividend out of the profit after taxes of the 2023 financial year of twenty-five euro cents (0.25€) per share, to be paid on July 11.

The meeting also approved the management of the Board of Directors in 2023 and Elena García’s effective departure as an independent director, as well as the modification of the remuneration policy for 2024, 2025 and 2026 and the 2024-26 medium-term incentive. The shareholders also endorsed the 2023 Annual Remuneration Report submitted to a consultative vote and were informed of the amendments made to the Board’s Regulations.

They also supported the segregation of the space business by means of the Indra Espacio subsidiary, which will bring together all of Indra’s capabilities in the space sector. The new subsidiary will be one of the pillars on which a NewCo will be built, with end-to-end capabilities and openness to the involvement of other shareholders, with the aim of ensuring sovereignty in its communications, a key factor in the defence sector and the civilian world.

Indra Group: a new brand model

The Chairman, Marc Murtra, and the CEO, José Vicente de los Mozos, presented the shareholders with the rebranding project, which entails the creation of Indra Group in order to evolve towards a more flexible holding model encompassing the Indra and Minsait businesses.

A new logo inspired by the new shared values of innovation, trust, connection and anticipation will accompany the branding of all of the businesses to endow them with uniformity.

About Indra

Indra (www.indracompany.com) is one of the main global defence, aerospace and technology companies and a leader of the digital transformation and information technologies in Spain and Latin America through its Minsait subsidiary. Its business model is based on a comprehensive range of proprietary products with a significant innovative component, making it the technological partner for the digitalization and key operations of its clients around the world. Sustainability is an integral part of its strategy and culture in order to overcome current-day and future social and environmental challenges. In the financial year 2023, Indra achieved revenue totaling €4.343 billion, with more than 57,000 employees, a local presence in 46 countries and business operations in over 140 countries.