2. Disclaimer
Banco Sabadell cautions that this presentation may contain forward looking statements with respect to
the business. financial condition. results of operations. strategy. plans and objectives of the Banco
Sabadell Group. While these forward looking statements represent our judgement and future
expectations concerning the development of our business. a certain number of risks. uncertainties and
other important factors could cause actual developments and results to differ materially from our
expectations. These factors include. but are not limited to. (1) general market. Macroeconomic.
governmental. political and regulatory trends. (2) movements in local and international securities
markets. currency exchange rate. and interest rates. (3) competitive pressures. (4) technical
developments. (5) changes in the financial position or credit worthiness of our customers. obligors and
counterparts. These risk factors could adversely affect our business and financial performance
published in our past and future filings and reports. including those with the Spanish Securities and
Exchange Commission (Comisión Nacional del Mercado de Valores).
Banco Sabadell is not nor can it be held responsible for the usage. valuations. opinions. expectations
or decisions which might be adopted by third parties following the publication of this information.
Financial information by business areas is presented according to GAAP as well as internal Banco
Sabadell group´s criteria as a result of which each division reflects the true nature of its business.
These criteria do not follow any particular regulation and can include forecasts and subjective
valuations which could represent substantial differences should another methodology be applied.
The distribution of this presentation in certain jurisdictions may be restricted by law. Recipients of this
presentation should inform themselves about and observe such restrictions.
These slides do not constitute or form part of any offer for sale or subscription of or solicitation or
invitation of any offer to buy or subscribe to any securities nor shall they or any one of them form the
basis of or be relied on in connection with any contract or commitment whatsoever.
2
3. Index
1. 2010 in summary
2. FY10 Results
3. Commercial activity, balance sheet and liquidity
4. Risk management
5. Banco Guipuzcoano integration
6. CREA
3
5. 2010 in summary
Capital ratios improvement
Important commercial GAP generation
Comfortable liquidity position, no reliance on ECB
Net interest margin reflects a higher cost of funding
Sustained growth in the number of customers and deposits
Loan growth
Continued improvement in the new NPL entries trend
High coverage of real estate assets
Good cost management and efficient integration of Banco
Guipuzcoano
5
7. FY10 results
2009 2010 Var.
Net Interest Income 1,600.6 1,459.1 -8.8%
Equity Method & Dividends 86.5 87.1 0.7%
Commissions 511.2 516.5 1.0%
Trading Income & Forex 297.4 262.7 -11.7%
Other Operating Results 9.3 5.9 -36.9%
Gross Operating Income 2,505.0 2,331.3 -6.9%
Personnel Costs -715.3 -679.7 -5.0%
Administrative Costs -321.5 -356.3 10.8%
Depreciations -142.7 -159.0 11.4%
Pre-provisions Income 1,325.5 1,136.3 -14.3%
Total Provisions & Impairments -837.7 -968.1 15.6%
Gains on sale of assets 83.6 296.1 -
Profit before taxes 571.3 464.3 -18.7%
Taxes and others -48.9 -84.3 72.5%
Attributable Net Profit 522.5 380.0 -27.3%
7
8. Well capitalised
Capital ratios evolution
In %
11.08
Core capital 2010: 8.20%
10.87 10.80
+54 bp YoY
9.78 1.72
1.70
3.64 1.16
2.49 1.44 Tier I capital 2010: 9.36%
1.21 0.61 +26 bp YoY
7.66 8.20
6.01 6.67
2007 2008 2009 2010
Core Capital
Lower Tier I
Tier II 8
9. Net interest margin reflects the
higher cost of funding ...
Net interest income evolution
Euros in million
- 8.8 %
1,600.6
1,459.1
418.6 402.3
394.6 385.2 374.1 391.1
361.2
332.8
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 2009 2010
9
11. The cost of new term deposits has
declined
Cost of new term deposits New term deposits
In percentage Euros in million
3,07% 3,28% 3,11%
2,94% 2,97%
2,81% 2,84% 2,80%
2,61%
2,02%
2,17% 2,07% 2,17% 9,279 8,378 8,086 7,956
18% 14% 18%
1,54% 1,53% 1,51%
21%
1,42% 1,41% 1,43%
1,25% 1,23% 1,22% 1,21% 1,24% 1,26% 1,31%
21%
d-09 e- 10 f -10 m-10 a-10 m-10 j-10 j- 10 a-10 s-10 o- 10 n-10 d-10
45% 34% 30%
Coste depósitos a plazo nueva entrada Euribor 12M
Stock of term deposits
In percentage
61%
48% 49%
41%
19%
31%
1Q10 2Q10 3Q10 4Q10
1-6 months Up to 12 months
50% Over 12 months
1-6 months Up to 12 months Over 12 months No incluye Banco Guipuzcoano 11
15. The transformation plan has achieved
its targets for 2010
Cost reduction measures FTEs* administrative by branch
• The new outsourcing centre has
already exceed 160,000 monthly
transactions, reaching cost
optimization and enabling us to free-
up capacity in order to take on new 2.25
2.00 1.95
network administrative tasks 1.67
1.37
1.25
• Strengthening the self-service
channels and focusing on Internet
and mobile phone banking
• Internet based transactions are 2004 2006 2007 2008 2009 2010
increasing by 14% and the number Accumulated reduction -790 FTE
of Internet/mobile users has * FTE= Full Time Equivalents
increased by 10%
15
16. Network optimisation continues
Employees and branches Cost /income ratio
evolution In number In %
45.5% 46.2%
43.1% 43.1% 42.1% 42.3% 43.6%
41.9%
10,777
9,839
9,746 9,701
9,668 9,624
9,615
9,559
9,466
1.467
1,229 1,230 1,223 1,214 1,221 1,223 1,222 1,221
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
1
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q102
Branches Employees Excluding BG Cost / income ratio excluding
11Q10 Sabadell United Bank acquisition non-recurrent costs 4Q10:
2 4T10 Banco Guipuzcoano acquisition 45.2% 16
17. Important effort in provisions
during 2010
Total provisions and impairments evolution and breakdown
Euros in million
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
Specific 105.9 148.4 168.5 141.0 228.0 212.2 186.1 124.7
Extraordinary charge 0.0 0.0 0.0 0.0 0.0 90.0 46.0 66.0
New regulation in loans 0.0 0.0 0.0 0.0 0.0 0.0 -120.0 0.0
Substandard 41.9 87.5 258.7 3.4 -54.2 -31.2 -61.9 -30.3
Metrovacesa 0.0 46.7 43.4 94.3 0.0 0.0 0.0 76.1
Real estate assets 0.3 57.0 67.1 57.2 46.0 209.8 160.9 49.9
BCP 0.0 0.0 0.0 210.0 0.0 38.5 0.0 16.2
Goodwill and others 1.0 -0.3 9.1 53.5 8.9 5.3 12.2 4.2
Subtotal 149.1 339.2 546.8 559.4 228.6 524.6 223.3 306.8
Generic 0.0 -129.4 -315.5 -311.8 -61.2 1.7 -103.2 -152.6
Total prov. and impair. 149.1 209.8 231.3 247.6 167.4 526.3 120.1 154.2
€ 837.8m € 968.1m
With a provisions coverage ratio of 57%
Metrovacesa NAV: € 21.07 17
19. Important growth in the number of
customers …
Significant success in gaining Two major campaigns to attract
new customers clients
Dec-09 Dec-10 % Var. Cuenta Expansión:
Individuals 128,567 200,507 +56% 92,463 new accounts
Companies 24,567 39,611 +61% BS Negocios:
46,585 new accounts
Comparative brand
recognition*
25
20
15
10 BS
5
0
S30 S32 S34 S36 S38 S40 S42
* BS compared with the main Spanish financial
institutions
19
20. … maintaining a good level of
transactions on the credit side …
Mortgages Loans
5.000 10.000
4.000 8.000
3.000 6.000
2.000 4.000
1.000 2.000
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
Credit lines Working capital financing*
10.000 2.500
8.000 2.000
6.000 1.500
4.000 1.000
2.000 500
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
In number of new contracts
* Under CreditGlobal product 20
21. … increasing market shares …
ICO Credit Cards turnover
Dec. 09 5.53% Dec. 09 2.60%
+380 bp +14 bp
Dec. 10 7.97% 9.33% (incl. BG) Dec. 10 2.74%
PoSs turnover Documentary letter of credit, exports
Dec. 09 5.10% Dec. 09 21.33%
+94 bp +200 bp
Dec. 10 6.04% Dec. 10 23.33%
Documentary credit of credit, imports
Improved market shares
Dec. 09 15.02%
+71 bp
in international trade, an
important driver of the
Dec. 10 15.73% Spanish economy
recovery 21
22. … and a leader in quality of service
Fewest claims Most valued
7.01 7.39 7.60 7.38 7.45 7.41
Banco Sabadell
Bancaja 2009 2008
BBK 6.95
Caixa Catalunya 6.38 6.78 6.77 6.61 6.11
La Caixa
Caja Madrid
Banco Popular 2005 2006 2007 2008 2009 2010
Banco Santander
Ibercaja Banco Sabadell group Market
CAM Source: STIGA, “RCB Análisis de Calidad Objetiva en Redes
BBVA
Comerciales Bancarias. Avance trimestral de resultados, 4Q10
Cajastur
CGACanarias
Banco Valencia
Caja España
Banco Pastor
Caja Duero
Four consecutiive years
Unicaja (2007-2010) increasing the
CCM
Cajasol difference vs the system
Barclays Bank
Banesto
Cajasur
Banco Guipuzcoano
Deutsche Bank
Caixa Galicia
Renewal of the
Santander
Bankinter
Global Award of
0 5 10 15 20
European
Source: Banco de España, Memoria del servicio de reclamaciones del Excellence
BdE 2009 and 2008 22
23. Customer funds growing …
Customer funds evolution
Euros in million
% Var.
2009 2010 % Var. (ex. BG)
On-balance sheet customer funds* 38,131 49,374 29.5% 16.0%
Fix-term deposits 22,150 30,092 35.9% 20.7%
Off-balance sheet funds 18,082 18,834 4.2% -1.2%
Mutual funds 9,151 8,853 -3.3% -9.9%
Pension funds 2,788 3,016 8.2% -4.2%
Third party insurance products 5,380 5,727 6.4% 6.1%
Gross loans to customers ex repos 65,013 73,058 12.4% 0.6%
* Excluding repos and including preferent shares and mandatory convertible bonds placed in the retail network.
23
24. … with strong cross selling …
Gathered during 4Q10
Flexible Deposit € 685.6 million
Platinum Deposit € 1,051.2 million
18 months deposit € 416.0 million
Cross selling
• Mass market 4.7 products per client
• Personal banking 7.6 products per client
Significant effort in customer retention following the
deposit campaigns
24
25. … generating a positive commercial
gap quarter after quarter …
Commercial gap
Euros in million
3,000
2010:€5,895m*
2,000
1,000
0
-1,000
-2,000
1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
* Including €204m from the commercial GAP generated by Banco Guipuzcoano in December
Accumulated commercial gap Funding evolution
evolution Euros in million
Euros in billion
12.7 35,000 10,000
Mutual Funds (rhs)
11.8
9.6 30,000
8.1 7,500
7.4 7.6
6.8 25,000 Wholesale funding
5.1 5.8 5,000
3.3 20,000 Fix-term deposits
1.7
1.2 1.3 2,500
15,000
Sight deposits
-0.5 10,000 0
3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q09 2Q09 3Q09 4Q09 1 0 2Q1 3Q1 4Q1
Q1 0 0 0
25
26. … reflected in the deposits
market share …
Deposits market share evolution
In %
3.32%1
2.88%
2.83%
2.77% 2.74% 2.79% 2.78% 2.78% 2.79% 2.94%
2.70% 2.73% 2.69%
2.59%
2.47%
3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
Deposit market share of other resident sectors
1 Including Banco Guipuzcoano
26
27. … and having an impact in the
loan to deposits ratio
Loan to deposit ratio evolution* Wholesale funding / Total assets
In % In %
35%
205%
179% 21%
170%
148%
2007 2008 2009 2010 2007 2010
* Repo transactions not included (neither in loans nor in deposits)
27
28. In a demanding environment we concluded
2010 with a comfortable liquidity position…
Liquidity position 2009 Euros in million 5,940
Commercial GAP BS change 5,691
Real estate portfolio change -596
Issues maturity -3,012
New issues 2,832
Net short term issues change -3,473
Increase of available ECB eligible assets 1,107
B. Guipuzcoano liquidity contribution 1,223
Other 857
Liquidity position 2010 10,570
We continue to generate positive commercial gap
We issued €2.832m in the wholesale markets in 2010
28
29. … which is shown in the zero
balance with the ECB at year-end
Primary liquidity line
Euros in million
12,000 Liquidity position*
10,000
8,000
6,000
4,000 ECB facility
2,000
0
5 6 6 6 6 7 7 7 7 8 8 8 8 9 9 9 9 0 0 0 0
00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 01 01 01 01
-2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2 -2
c ar n p c ar n p c ar n p c ar n p c ar n p c
De M Ju Se De M Ju Se De M Ju Se De M Ju Se De M Ju Se De
*Liquidity position = Treasury + liquid assets (ECB eligible)
Liquid assets Dec-2010
Liquid assets (nominal amount) 12,675
Liquid assets (Market value
including ECB haircut) 10,386
Euros in million
29
30. BS has a balanced funding
structure …
Funding structure Wholesale market breakdown
In percentage In percentage
Client
Repo's 7.94% Preference
Commercial Securitization
Paper 1.03% shares
9.41%
0.79%
Preferred ECP 10.40%
Shares 0.97%
Wholesale Subordinated Covered
Deposits 26.44% debt 5.97% bonds
63.61% 58.34%
Senior debt
15.09%
Wholesale funding cost evolution Issuing capacity
In percentage Euros in million
Wholesale funding cost
2.50%
1.83% 2.01%
CH issuing capacity 2,638
1.58% 1.48% 1.28%
1.48%
CT issuing capacity 842
Euribor 3m
1.01%
State backed
1.10% 0.89%
0.75% 0.70% 0.63% 0.76% guarantees available 5,601 *
2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
* BS has not used the State guarantee
30
30
31. … with a comfortable maturity
calendar
Wholesale funding maturity calendar Short term funding
Including Banco Guipuzcoano. Euros in million
Euros in million and percentage
1,875
149%
1,609
1,600
2,000
1,500
1,500
1,462
1500
100%
1,289
1,137
1,500
1,000
56% 78% 75%
900
1,000
480
300
250
200
500
170
100
4,914 4,688 2,880
80
63
50
2,307 1,442
13
0
3Q13 0
0
0
3Q14 0
1Q15 0
3Q15 0
0
3Q16 0
0
1Q18 0
0
1Q11
3Q11
1Q12
3Q12
1Q13
1Q14
1Q16
1Q17
3Q17
3Q18
4Q09 1Q10 2Q10 3Q10 4Q10
Outstanding amount commercia
Matured paper + ECP (excl. BG)
Maturity by product type Euros in million % renewal
2011 2012 2013 >2013
BS BG BS BG BS BG BS BG
Covered bonds (CH) 1,800 1,739 1,580 7,220 500
Public sector covered bonds (CT)
Senior debt 1,047 400 1,732 50 25
Asset backed guarantees 400
Subordinated, preference and convertible bonds 1,371 125
Other mid- and long-term financial instruments 230 92 31
33. NPL ratio below the system
average …
Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10
BS NPL ratio 2.82% 3.19% 3.47% 3.73% 4.09% 4.38% 4.72% 5.01%
1
System NPL ratio 4.27% 4.60% 4.86% 5.08% 5.33% 5.35% 5.49% 5.68%
1 November data
9%
8%
7%
6%
5%
4%
3%
2%
1%
90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10
System NPL ratio BS NPL ratio
33
34. … with new entries in a
downward trend
Entries and recoveries
Euros in million
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10
Entries 806.7 788.3 709.0 671.8 670.9 647.7 650.7 623.5
Other provisioned loans entries 0.0 35.4 41.0 63.9 349.7 256.4 382.0 362.1
Recoveries -480.1 -532.9 -531.9 -489.4 -578.9 -591.6 -617.3 -728.3
Write-offs -1.7 -25.4 -9.2 -31.2 -183.3 -93.1 -201.3 -30.5
Quarterly change on NPLs 324.8 265.4 208.9 215.1 258.4 219.4 214.1 226.8
NPLs from B. Guipuzcoano 442.8
Total 669.6
34
35. Credit exposure and NPLs
according by purpose
Substan- NPL
Total Normal NPL
dard ratio*
Companies 52,999 46,810 2,928 3,260 5.53%
Real Estate development and/or RE construction purposes 10,170 6,451 2,174 1,543 15.31%
Construction purposes, not related to real estate development 928 783 1 145 7.16%
Other purposes 41,901 39,576 753 1,572 3.34%
Large corporates 14,706 14,091 292 323 1.77%
SME, small retailers and self-employed 27,195 25,485 461 1,249 4.36%
Individuals 18,751 18,087 1 661 3.49%
1st mortgage guarantee assets 16,396 15,888 1 507 3.09%
Other real guarantees assets 474 468 0 5 0.99%
Other 1,881 1,732 0 149 7.21%
Subtotal gross loans to customers 71,750 64,897 2,929 3,921 5.01%
Other gross loans to customers 1 1,307 22
Total gross loans to customers 73,057
Euros in million
*Includes off-balance sheet items
1Includes caption 4: public entities; caption 8:other assets and deferral adjustments. 35
36. Breakdown of credit exposure for real estate
development and/or RE construction purposes
Total 10,170
No mortgage guarantee 642
Mortgage guarantee 9,528
Finished buildings 3,765
Housing 3,633
Other 132
Buildings under development 1,248
Housing 1,133
Other 115
Land 3,043
Developed land 2,741
Rest of land 302
Financing real estate developers with
mortgage guarantees 1,472
36
37. The coverage of real estate assets
increases to 31%
Coverage evolution Transactions by type
Euros in million Euros in million
2009 2010
Gross portfolio 1,786 2,880
498.0
Total fund 248 888
414.3
138.3 178.5
Net portfolio 1,538 1,992 92.7
-12.3 -89.7 -29.8 -96.1
Coverage 14% 31%
1T10 2T10 3T10 4T10
Repossessions Banco Guipuzcoano
Sales
Focus on building up a real estate coverage buffer
which currently stands at 31%
37
38. The weight of the real estate portfolio
is below the sector average
Real estate over total loans Coverage of real estate assets
In % In %
6.00% 5,06%
5.00%
3,93%
4.00%
2,93%
3.00% 31%
2.00%
2,77% 26%
1.00%
0.00%
Peer Group Banc Sabadell
07
07
07
07
08
08
08
08
09
09
09
09
10
10
10
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
Sav. banks System BS Banks
Source: Bank of Spain and annual reports 38
39. Real estate portfolio breakdown
Breakdown of real estate assets by origin: asset swaps, mortgage
repossessions and others Euros in million
Gross Net book
value Coverage (in %) value
Real estate assets from financing addressed to
construction and RE development companies 2.571 774 30% 1.797
Finished buildings 594 126 21% 468
Housing 379 90 24% 289
Other 215 36 17% 179
Buildings in construction 244 61 25% 183
Housing 106 34 32% 72
Other 138 27 20% 111
Land 1.733 587 34% 1.146
Land under development 695 219 32% 476
Building land 1.038 368 35% 670
Other 0 0 - -
Real estate assets from mortgages for house acquisition 293 104 35% 189
Other repossessed real estate assets 16 10 64% 6
Real estate portfolio 2.880 888 31% 1.992
39
40. Coverage breakdown as per Bank of
Spain’s Financial Stability Report
Total lending
Euros in million and percentage
Amount % Fund Coverage
Gross loans to customers ex repos 73,058
Of which:
NPLs 4,074 5.6% 1,370 33.6%
Substandard 3,028 4.1% 511 16.9%
Acquired and repossessed RE assets 2,880 3.9% 888 30.8%
Write-offs 680 0.9% 680 100.0%
Potentially problematic exposure 10,662 14.6% 3,449 32.3%
Pro memoria:
% Coverage including generic 10,662 424 36.3%
provision
Global coverage ratio 4,074 2,305 56.6%
40
42. Goodwill resulting from the
incorporation of Banco Guipuzcoano
Capital generation Goodwill calculation
Euros in million Euros in million
288
626
326
238 226
12 -12
Guipuzcoano Shares Convertible Initial Initial difference Provisions from Final Goodwill
Equity exchanged bonds difference consolidation
exchanged (capital
generation)
As a result of the consolidation of Banco Guipuzcoano gross provisions
of €340m (credit, real estate and others) have been recognized. The
impact net of taxes is €238m.
42
43. BG’s integration will be done via “Big
Bang” in April
2010 2011 2012
16-25/11 Enero 9/4
New reporting lines “Big Bang” IT Streamlining of
Closing
presented integration branches
• Implementation of the • Integration IT/OPS
“squeeze out” • Network streamlining and
• Corporate governance commercial approach rest of
adjustments in BG areas
• Change of Control • New brand implementation
• Commercial coordination
• Merger of commercial
BG/BS
management and risk control
• Boosting commercial platform
at BG • Corporate center plan
• Liquidity management • Business integration (real estate,
integration insurance, asset management)
43
44. Restructuring costs amount to
€ 113 million
2010 2011e 2012e TOTAL
Early retirements 12 54 9 75
IT costs & others 34 4 38
TOTAL 12 88 13 113
Euros in million
44
45. Cost synergies breakdown
Synergies breakdown
Euros in million
Achievement by
2011E 2012E
Personnel 19 26
Administrative 24 29
expenses
43 55
79% of synergies will be achieved by 2011; payback
in 24 months
45
48. CREA Plan (2011-2013)
1 Domestic market 2 International business
Sabadell • Diversification balance
Solvency
““Profitable growth”
Liquidy
sheet / risks
• Development of Project
New clients Net interest
Cost and America
and market margin
share gains management
efficiency + • Improvement of
positioning of
international business
Perfect integration of Banco Guipuzcoano
48
49. Plan CREA (2011-2013)
Objectives
Increasing individual customers by 1,000,000 and companies by 160,000
Productivity improvement of 33%, increasing customers per branch to 2,400
Increasing market share to 4.9% in individuals and 24% in companies
Annual growth of 5% in loans and 10% in customer funds
49
50. Investor Day
Invitation
Banco Sabadell cordially invites you to attend its Investor Day on February 16th. The
Management Team will present Banco Sabadell's strategic business plan 2011-2013,
Plan CREA.
Banco Sabadell 3rd
WHERE: London
WHEN: 16th February 2011
SPEAKERS
Josep Oliu, Chairman and CEO
Jaume Guardiola, Consejero Delegado
London, 16th February 2011
Tomás Varela, CFO
Agenda:
8.00 a.m. – 8.15 a.m. Registration
8.15 a.m. – 9.45 a.m. Management presentations
9.45 a.m. – 10.30 a.m. Q&A
10.30 a.m. – 11.00 a.m. Closing remarks
Venue: Clothworkers' Hall (map and address of the venue attached)
Please confirm your attendance to the Banco Sabadell Investor Relations department
before February 1st.
Banco Sabadell Investor Relations. C/Sena 12, Sant Cugat del Vallés, Barcelona (Spain).
investorrelations@bancsabadell.com ℡ + (34) 93 728 1200 50