Share capital

As at 31 January 2014, Inditex’s share capital amounts to EUR 93,499,560 and is divided into 623,330,400 shares.

All shares are of the same class and series, and are represented by the book-entry method and fully paid-up and subscribed. All of them carry the same voting and economic rights.

Market capitalisation

Inditex has been listed on the different Spanish Stock Exchanges since 23 May 2001 and has been part of the selective Ibex 35 since July 2001. In addition, it has been part of the Eurotoxx 600 since September 2001, of the selective Morgan Stanley Capital International index since November 2001, of the Dow Jones Sustainability Index since September 2002, of the FTSE4Good since October 2002 and of the FTSE ISS Corporate Governance index, since its launching in December 2004.

As at 31 January 2014, Inditex’s share price per the listing price on Spain’s Electronic Trading System (continuous market) was EUR 110.7.

Ownership structure of the share capital

Inditex’s shares are represented by the book-entry method and no shareholders register is kept by the Company, as a result of which, the list of owners of shares in the company is not fully known.

As at 31 January 2014, members of the Board of Directors hold a 59.365% stake in Inditex’s share capital, as shown below:

In addition to directors, according to the information provided at CNMV’s web site (www.cnmv.es) the following entities were owners of significant holdings in the Company:

• Partler 2006, S.L. (owner of 57,872,465 shares, representing 9.284% in the share capital) and
• Rosp Corunna Participaciones Empresariales, S.L.U. (owner of 31,494,806 shares, representing 5.053 % in the share capital). On 15 August 2013, Inditex’s shares owned by Rosp Corunna Participaciones Empresariales, S.L. were transferred to the estate of Ms Rosalía Mera Goyenechea after her demise.

Rights on shares

Mr Pablo Isla Álvarez de Tejera, Chairman and Chief Executive Officer might acquire up to a maximum number of 26,000 shares (representing up to 0.004% in the share capital) as a result of the first performance cycle of the Long Term Performance Shares Plan addressed to members of management and other key employees of the Inditex Group, pursuant to the terms of the Long Term Performance Shares Plan which was approved by the Annual General Meeting of Shareholders held on 16 July 2013 (the full text of this resolution is available at www.inditex.com).

Para-social Agreements

Inditex has not received any notice regarding the existence of any para-social agreements in respect of voting rights in annual general meetings, or which may limit the free transfer of shares, nor has it learned about any concerted actions between its shareholders.

Own shares

The authorization granted by the Annual General Meeting of Shareholders of the Company on 16 July 2013 remains in force, by virtue of which the Board of Directors is authorized to acquire the Company’s own share (the full text of this resolution is available at www.inditex.com).

During fiscal year 2013, the Company has acquired 450,000 own shares (representing 0.072% in the share capital), which represents the entire treasury stocks of the Company as at 31 January 2014, for the purposes of having the necessary number of shares to be delivered to the beneficiaries of the first performance cycle of the above mentioned Long Term Performance Shares Plan, within the scope of the above mentioned authorization for the derivative acquisition of shares.