ETHICAL CHANNELMAGALLANES VALUE INVESTORS S.G.I.I.C., S.A.

NEW COMMUNICATION Here you can make inquiries about our Code of Ethics or report behaviors carried out in our organization that may imply a breach of the Law, our internal regulations or our Code of Ethics.		COMMUNICATION TRACKING Here you can track the communications that you have previously processed through the Channel (acceptance, processing, status, etc.).		Help Here you can obtain information on the Channel's operating Policy, the Code of Ethics or technical support for problems accessing the Channel.

The Ethical Channel is a confidential communication system of MAGALLANES VALUE INVESTORS S.G.I.I.C., S.A. so that employees, customers, suppliers and third parties can:

• Exercise their data protection rights and know how we use their personal data.
• Communicate anything that presumably violates the established Code of Ethics of the entity, the internal regulations that regulate the same or the current legality.
• Communicate any event that may have occurred in our organisation and which may involve a violation of the regulations on the prevention of money laundering and the financing of terrorism.
• Ask any questions about our Code of Ethics.

The Ethical Channel is an opportunity for improvement for this institution, which is committed to ethical behaviour at all levels of the organisation. We therefore encourage you to report any irregularities you have detected through this channel.

To find out more about how the Ethics Channel works, you can consult our Internal Information System Policy in the HELP menu

In order to guarantee the confidentiality of the personal data of the communicators and to provide a professional service, MAGALLANES VALUE INVESTORS S.G.I.I.C., S.A. has chosen to hire GRUPO ADAPTALIA LEGAL-FORMATIVO, S.L. as an independent external expert for the management of the channel.