1. Preliminary

The Board of Directors of INDUSTRIA DE DISEÑO TEXTIL, S.A. (INDITEX, S.A.) (hereinafter, INDITEX) has been amending its rules on corporate governance in line with the most demanding trends on the subject and in accordance with the good governance codes and, where appropriate, the regulations approved on this matter. Among said adjustments and amendments are those affecting the Board of Directors’ Regulations, out of which those aimed at enhancing the tasks of the Nomination and Remuneration Committee, either by extending its duties or by allocating new ones thereto, shall be stressed.

This document, drawn up by the Nomination and Remuneration Committee in the session held on 9 June 2014, is the annual activities report and it describes the activities carried out by the Nomination and Remuneration Committee from 1 February 2013 through 31 January 2014, fiscal 2013 year-end.

This report has been issued on an annual basis since fiscal year 2005.