Average payment period to suppliers

In compliance with Law 31/2014, of 3 December, amending Law 15/2010, of 5 July, whereby measures were established to combat late payments in commercial transactions, the Red Eléctrica Group reports that the average payment period to suppliers for the 2021 fiscal year was 45.9 days, below the legal maximum of 60 days. This calculation was made in accordance with the resolution of 29 January 2016 of the Instituto de Contabilidad y Auditoría de Cuentas (ICAC).