Corporate Governance and Remuneration Policy

1. Articles of Association

The Articles of Association of Monex Europe Markets S.V., S.A.U. are available for download at the bottom of this page.

2. Corporate governance regulations and standards of Monex Europe Markets S.V., S.A.U.

The Company has an internal organization Procedure that identifies all administrative and management bodies, as well as all areas that make up the Company, both internal and delegated, and their composition and responsibilities.

The Procedure also establishes, in a clear, appropriate, and proportionate manner the nature, scale, and complexity of the Company's activities, the organizational structure, defining the lines of responsibility and the functions and objectives of each of the areas.

This organizational structure has been approved by the Company's Board of Directors, which supervises its effectiveness, establishing the measures it deems appropriate to remedy any deficiencies it detects.

You can consult our Corporate Governance Manual and Remuneration Policy, where you will find, among other aspects, rules on the Company's corporate governance.3. Organizational structure of the Company

3. Organizational structure of the Company

4. Description of the procedures established for the measurement, management, control, and internal communication of the risks to which Monex Europe Markets S.V., S.A.U. is or may be exposed

The main objective of risk management is to anticipate events that may occur and impact the achievement of the Company's objectives, and to protect its reputation against possible material losses.

The Company's risk control system consists of three distinct levels, which guarantee the independence of control processes and the segregation of duties in risk management:

• First Level: Consists of the Company's front-line employees, who must take extreme precautions in the performance of their assigned duties, comply with established procedures, and immediately report any risk or incident they detect.
• Second Level: consists of the internal control units that report directly to the Company's Board of Directors, that is the Regulatory Compliance Department, the Risk Management Department, and the Internal Audit Unit.
• Third Level: The third level consists of the Company's Board of Directors, which is responsible for establishing and maintaining an adequate and proportionate organizational structure.

5. Internal control mechanisms of the entity

The Company has internal control units, appointed by the Board of Directors, which perform the functions of Regulatory Compliance, Risk Management, and Internal Audit. In order to perform their duties properly, their managers will have the training and authority to promote their independence, their staff will have sufficient knowledge and professional experience, and they will have adequate technical resources at their disposal.

The Regulatory Compliance function, which acts with complete autonomy and independence, is responsible for identifying and monitoring the regulatory risks to which the Company is exposed in all areas. Each year, it prepares and submits to the Company's Board of Directors an annual work plan detailing the actions and reviews it will carry out during the period, as well as the corresponding quarterly and annual reports, in which it mentions and highlights the new risks identified during the period, as well as the control and monitoring measures established.

The Risk Management Department is responsible for identifying and monitoring the operational risks faced by the Company in the course of its business. Each year, it prepares and submits to the Company's Board of Directors an annual work plan detailing the reviews it will carry out during the period, as well as the monitoring, evaluation, and results of the Risk and Control Self-Assessment (RCSA) matrix, in which it identifies, assesses, and establishes mitigating controls for the operational risks identified.

The Internal Audit function, which is independent of all business areas, aims to obtain reasonable assurance that the internal control system as a whole, its procedures, policies, and systems, is functioning properly. It issues an annual Audit Plan, which is approved by the Company's Board of Directors, with the reviews and tests to be carried out during the period. Once the assessment has been carried out, it prepares an annual Audit Report with the results and assessment of the tests, establishing recommendations for the Company. This Report is also reviewed and approved by the Board of Directors.

The Internal Audit function is delegated, by agreement of the Company's Board of Directors, to the entity Aiblu Servicios Profesionales, S.L. (formerly known as Informa Consulting Compliance, S.L.).

6. Composition of the Board of Directors

You can consult our Corporate Governance Manual and Remuneration Policy, which includes, among other aspects, the composition of the Company's Board of Directors.

7. Procedure established to ensure the suitability of the members of the Board of Directors of Monex Europe Markets S.V., S.A.U

You can consult our Corporate Governance and Remuneration Policy Manual, which includes, among other aspects, the procedure established to ensure the suitability of the members of the Company's Board of Directors.

8. Risk Committee and assigned functions of Monex Europe Markets S.V., S.A.U.

On the one hand, the Company has created a Risk Committee whose function will be to ensure that financial and operational risks are adequately mitigated. There is also a Risk Management department that is in constant communication with the Board of Directors.

You can consult the composition of the Company’s Risk Committee in our Corporate governance and remuneration policy Manual.

9. Criteria established by Monex Europe Markets S.V., S.A.U., for the prevention of conflicts of interest

You can consult our Conflict of Interest Policy for the criteria established by the Company for the prevention of conflicts of interest.

10. Information on the solvency and remuneration of Monex Europe Markets S.V., S.A.U.

You can consult our 2024 Public Solvency Report, which includes, among other things, information on remuneration.

11. Remuneration Policy

You can consult our Corporate Governance and Remuneration Policy Manual, where you will find, among other things, information on the Company's remuneration policy. The Manual is available for download at the bottom of this page.

Available Documents

The following documents are available for download: