Talgo renews its board, creates committee and moves its headquarters to Álava.

Talgo SA has registered with the Commercial Registry of Álava the renewal of the members of its management body and the creation of a new Appointments and Remuneration Committee, which will be chaired by Aranzazu Estefanía Larrañaga. The resolutions, formalized in registrations dated August 6 and 7, are published in Official Gazette of the Commercial Registry (BORME) issue number 156 of Friday, August 14, 2026, which also includes the transfer of the company’s registered office to Ribabellosa (Álava).

The entries appear under numbers 378411 and 378412 in the first section (registered acts, Araba/Álava) of the BORME, with official reference BORME-A-2026-156-01, page 39734, on register sheet VI 22701 of the Commercial Registry of Álava. The first entry was recorded under number I/A 107 on August 6 and the second, under number I/A 108, the following day.

Renewal of the management body

Entry 378411 records the removal of Ricardo Chocarro Melgosa as committee member, who in turn appears among those appointed in the same registration, together with the remaining members of the renewed body:

• Aranzazu Estefanía Larrañaga and María Teresa Echarri López, as committee members.
• Tomás Olano Uscola, as committee member.
• Ricardo Chocarro Melgosa, reappointed as member after his removal.
• Francisco Javier Gómez Domínguez, as secretary of the committee.

The registration also includes the statutory amendment creating the new committee, which entails an adjustment in the company’s governance structure.

New Appointments and Remuneration Committee

The same registration formalizes the creation of the Appointments and Remuneration Committee, a body that will assume the functions of proposal and evaluation regarding appointments and the remuneration policy of directors. The chairmanship corresponds to Aranzazu Estefanía Larrañaga, with Francisco Javier Gómez Domínguez as secretary and with María Teresa Echarri López, Ricardo Chocarro Melgosa and Tomás Olano Uscola as members.

With this composition, the committee is fully renewed and provided with its own chair and secretary, in line with the usual practice of listed companies of separating the functions of appointment and remuneration from the full board.

Transfer of the registered office to Ribabellosa

Entry 378412 of Talgo SA records a further statutory amendment, in this case of article 3 of the articles of association, due to the change of registered office. The registered office is established at Calle de Río Bayas 5, 01213 Ribabellosa, municipality of Ribera Baja, in the province of Álava. The registration was made on August 7 under number I/A 108.

The transfer moves the company’s registered office to its industrial facilities in Álava and consolidates the railway manufacturer’s presence in the territory, following the amendment of article 3 of its bylaws.

Impact for shareholders and investors

The renewal of the governing body and the creation of the Appointments and Remuneration Committee give Talgo SA a more defined governance structure, while the change of registered office reinforces its roots in Álava. As these are agreements registered in the Commercial Registry and published in the BORME, the moves are publicly accessible and relevant to shareholders, investors and local institutions, which see the new configuration of the railway manufacturer’s governing bodies confirmed.

Source: Official Gazette of the Commercial Registry, No. 156, August 14, 2026, First section. Business owners (Araba/Álava), p. 39734 (official reference: BORME-A-2026-156-01).