Page 1

Design and Instrumentation of the first syndicated loan, 20 MM€, as CFO (Enaco, 1991) at the age of 27, by an amount of twice its initial Equity, pay

back commitments of three times its Cash Flow, and 7 years of maturity, with only 50% of warranties, based on financial modelling and sensitivity

analysis of the viability of the Project. This operation was performed for a medium-sized regional Company (turnover € 100 MM) by applying the

knowledge gained auditing records of corporate financing transactions during the previous four years experience (Deloitte 85-89).

Since that date, management of a multitude of financing transactions, as financial advisor, especially innovative and structured operations (with tranch-

es of Mezzanine, Fulcrum, PIK, Syndicated Loans, Project Finance, etc.), Lately, using international debt funds and other alternative sources, bas-

ing all on a extremely detailed financial modelling.

Noteworthy the Project Financing closed in January 2015 for a joint venture between an IBEX35 company and a large Catalan company, based on the

subsoverign financial risk of this autonomous community, having got three bids, outside Spain, at a time where the departments of the promoters

of the project had failed because of the particular political situation.

Since 2007, developing an average of five refinancing transactions a year, by amounts between € 20 - 160 MM. Remarkable the operation closed in

July 2014 for a listed Co that got the cancellation of 75% of its bank debt through a structure of sale options, and transforming 50% of the remain-

ing debt into subordinated loans, almost deleveraging the Company

Representation agreement for Spain of Finacity, (Finacity.com, USA), the largest securitization agent in the world.

Exercise for 6 months of the financial management of the Stock Exchange Broker FG Inversiones Bursátiles (1989), currently Merrill Lynch España.

Design, modeling, and execution of an IPO, amounting to € 300 MM (Enaco, 1998) mainly placed amongst foreign investors, at PER 30 (when the average of the

market was priced at PER17). Performing during three years its investor relations function, with analysts (achieving the Company were followed by eighteen ana-

lysts), market authorities (CNMV), and specialized media, with the corresponding preparation and realization of dozens of presentations, international road shows,

etc.

Defense against a further hostile takeover bid (Enaco, 2001) getting that the buyer (Caprabo) to pay the highest price premium on quote of the Spanish

stock market (48%).

Design, and placement in the market, of a 57% capital increase for a listed Co (Dec 2014) even though the Co had announced its liquidation few months

before.

Advice to other companies listed through partnership with one Stock Exchange Agency.

Page 2

Design and implementation of the Economic Turnaround of the first league soccer team Club Atletico de Madrid (General Director,

2003-2007), obtaining the financial resources to restore its historical competitive position from a really deteriorated situation

(second league, image and sponsorship problems, team, etc.).

Implementation of seven viability projects since 2007, highlighting: (i) two build-up projects for tile companies in the region of Cas-

tellón, with total turnover of € 400 MM, in order to eliminate idle industrial capabilities, and generation of other industrial and

commercial synergies, achieving an important net free cash generation, as well as (ii) viability project of one listed Co (2013-

2015), in which it was achieved the generation of relevant positive EBITDA figures for the first time in many years, as well as the

restore of their financials.

These projects are based on a compilation and analysis of imperfect, quantitative (managed over Access databases, exploited by

specific Statistical software as Minitab) and qualitative information, design and numerical modeling of the action plan, and its

fast implementation based on weekly metrics, organizational and cultural changes, all normally based on leadership and persua-

sion rather than on more formal roles.

General Director of the Financial Consulting Division of the Consulting Group ADISA (1993 - 98, 50 professionals, € 8 MM in

turnover) with first class Clients as El Corte Ingles, Ferrovial, Fenosa, Antena 3, Continente, Dragados, Phiplips, Talgo, etc, coor-

dinating the team, and originating operations and Clients.

General Director of Enaco (1998-2002, 2,000 employees, € 450 MM of turnover), implementing its strategy, as well as managing its

management team.

General Director of the Club Atletico de Madrid (2009 - 2007, 150 employees, €150 MM of turnover), with viability, relational and

representation functions.

Carlos Pérez Font

Some additional material

Carlos Pérez Font

03/89 - 09/93, ENACO SA

Chief Financial Officer.

In 1991, with 27 years old, arrangement of a Syndicated Loan:

Size:

3.500MM Ptas (21 MM €).

Two times Equity.

Pay back commitments of three times Cash Flow.

Maturity 7 years, with only 50% guarantee.

For a midsize regional cap.

Based in Project Development.

It was the most important non-public financial transaction in the Valencia

Region until that date.

Carlos Pérez Font

Carlos Pérez Font

Renewed at maturity with double size

Carlos Pérez Font

09/93 to 03/98, Group ADISA

General Director of the Financial Consulting Division.

Working for middle to large size

customers.

Performing

Marketing and commercial.

Representation duties.

Directly involved in:

Large transactions.

Equity related transactions

(venture capital, M&A, etc).

Assuming the external CFO

role of two Clients, one

Enaco, former employer.

Carlos Pérez Font

Clients list: Best in Spain

Carlos Pérez Font

98. ENACO, SA

External CFO & Investors Relation during IPO

At PER 30, when the average market was listing at 22.

Despite of:

Bad market momentum (Russian crisis, Dec 98).

Minority stake (30,89%).

Small Regional Cap.

After successful of the IPO, hired again as Co CEO.

Carlos Pérez Font

Carlos Pérez Font

Carlos Pérez Font

03/04 - 07/07, Club Atlético de Madrid SAD

Managing Director

Under strong financial stress:

Two years playing in the Spanish Second League.

Under several legal scandals.

All that means:

Low level of the first sport team

Low income level from:

Sponsors.

Seasonal tickets.

TV Rights.

Design and implementation of a turnaround process, based on:

Strong cost and budget control.

Brand value recovery.

Sport competitiveness recovery, by raising money from the real asset value of the Vicente Calderon Stadium

Outcome:

Total income jump from 30 MM € in 04 to 120 MM in this year.

Two consecutive years classified for Champions League.

Carlos Pérez Font

Carlos Pérez Font

0707- today

Ceramic Tile Industry, Castellón

Two different Projects of merging nine Clients, to be sold, based in:

Improvement of overall performance through raising synergies:

Reducing idle capacity by industrial concentration, eliminating fixed costs.

Improving performance thought specialization of remaining plants.

Different commercial synergies.

Reducing Capital Employed, and therefore debt, through disposal of the real

state value of the unnecessary industrial facilities.

Improvement of acquisition interest through overall size.

Carlos Pérez Font

0707- 0114

Ceramic Tile Industry in Castellón

Member of the executive committee of three Clients, developing, and direct implementation

and tracking, of full turnaround programs based on:

Implementation of weekly Balance Score Card.

Down sizing to fit the real market, with the disposal of non core business assets.

Optimization of industrial performance.

General expenses optimization and Control.

Optimization of working capital requirements.

Validation of the commercial assumptions: product portfolio, pricing sales force, etc.

Bank and Suppliers Debt restructuring.

As a result of the work, two General Directors were replaced.

In one Client, in this moment performing interim General Management role.

Carlos Pérez Font

0613 -TODAY

Restructuring and turn around Project of Listed Co

Carlos Pérez Font