Cellnex Board appoints Kate Holgate as Independent Director

• Appointment brings the total number of independent members of the Board of Directors to eight.
• Kate Holgate is also the fifth female director on the 11-member Board.

Barcelona, 28 July 2021 .- The Board of Directors of Cellnex Telecom today announces the appointment of Kate Holgate as a new independent director.

The announcement follows a motion passed at the Shareholder Meeting in March 2021 to set the number of members of the Board at eleven.

Kate Holgate has extensive professional experience in a range of sectors including technology, professional and financial services, and real estate. Working predominantly in financial, corporate and crisis communications, Kate has worked in the United Kingdom and the Asia-Pacific region. A specialist in mergers and acquisitions and IPOs, she is currently Co-Head of Global New Business at the international communications and public affairs consultancy Brunswick Group. From 2019 until December 2020, she was Head of the company’s Hong Kong office, and between 2013 and 2019 was based in Singapore after holding other senior positions at Brunswick Group’s head office in London, which she joined in 2000.

In 1994 Kate joined Kleinwort Benson’s Corporate Advisory Department and prior to that, worked for the UK Diplomatic Service, having graduated with an Honours degree in Physics from Oxford University.

Following Kate’s appointment to Cellnex’s Board of Directors, the number of independent members rises to eight out of a total of eleven, which represents 73% and exceeds the threshold established in the recommendations of Good Governance of Listed Companies. The remaining Board positions are held by two proprietary directors, one representing GIC and the other representing Edizione, and one executive director.

The appointment also reflects the Board’s progress in terms of gender diversity, with Kate becoming the fifth female director on the 11-member board.

A motion to ratify Kate’s appointment will be submitted at the next General Shareholder Meeting.

About Cellnex Telecom

Cellnex Telecom is Europe’s leading operator of wireless telecommunications and broadcasting infrastructures with a portfolio of around 129,000 sites, about 91,000 of which are already operative, and the rest in the process of finalisation or planned roll-outs up to 2030.

Cellnex operates in Spain, Italy, Netherlands, France, Switzerland, the UK, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex’s business is structured in four major areas: telecommunications infrastructure services; audiovisual broadcasting networks, security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the “Internet of Things” (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 600 indices. It is also included in the main sustainability indexes such as CDP (Carbon Disclosure Project), Sustainalytics, FTSE4GOOD, MSCI and Standard Ethics.

Cellnex’s reference shareholders include GIC, Edizione, Canada Pension Plan, CriteriaCaixa, Wellington Management Group, Capital Group, Blackrock, Fidelity and Norges Bank.

For more information: https://www.cellnextelecom.com