Average payment period for suppliers

The average payment period for suppliers at Vocento, S.A. and the consolidated group, calculated in accordance with the criteria established by the additional provision of the Resolution of 29 January 2016 from the Institute of Accounting and Account Auditors, is shown in the table below:

For reasons of efficiency and in line with standard practice in business, the various Vocento companies have a payment calendar for suppliers, according to which most payments are carried out on specific days of each month. The invoices to be paid between two payment dates are settled on the following payment date in the schedule. Vocento is committed to continuing to work internally and externally to improve its payment periods for suppliers.