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13

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Annual Report 2015

1.

Ismael Clemente

2.

Miguel Ollero

3.

Miguel Oñate

4.

David Brush

5.

Fernando Ramírez

6.

Enrique Gracia

7.

Manuel García Casas

8.

Fernando Lacadena

9.

Javier Zarrabeitia

10.

Francisco Rivas

11.

Luis Lázaro

12.

Inés Arellano

MERLIN Properties’ management team consists of 12 members,

led by the Executive Chairman, Ismael Clemente. The team is

renowned for its operating efficiency and proven track record

in generating value. It is a cohesive team, whose members

have worked together for many years, which works on the

basis of focused and defined objectives, in full alignment with

shareholders’ interests. This alignment and commitment is

reflected in the fact that their aggregate investment in the

Company’s share capital amounts to 0.6%

THE MANAGEMENT TEAM

1

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11

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