NAO ASSET MANAGEMENT Remuneration Policy

NAO Asset Management, E.S.G., SGIIC, S.A. incorporates into its remuneration policy the fundamental principles of internal transparency, proportionality, and consistency with sound and effective risk management—including sustainability risk—as well as alignment with the company’s values and interests. Likewise, this policy has been designed and implemented in a way that avoids conflicts of interest and ensures the independence of the affected individuals.

You can find more information about our remuneration policy at the following link: NAO Remuneration Policy