Luis María Cazorla Prieto holds a Bachelor of Laws (1972). Doctor of Law, with extraordinary doctorate award (1980). State Attorney (1974). Member of the Madrid Bar Association since 1975. Lawyer of the Cortes Generales (1977). General Director of the Technical Office of the Ministry of Finance (1979). Secretary-General of the Congress of Deputies and Senior Lawyer of the Cortes Generales (1983). Professor of Financial and Tax Law at the University of Burgos (1995) and King Juan Carlos of Madrid (1999). Secretary General and of the Board of Directors of Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, SA (BME) (2002), of AIAF Mercado de Renta Fija, SAU (1992), of Management Company of Registration Systems , Securities Clearing and Settlement, SAU (Iberclear) (2002), of BME Clearing, SAU (2004) and MEFF Derivatives Market Governing Society, SAU (2012). Member of the Royal Academy of Jurisprudence and Legislation (2010). Grand Cross of San Raimundo de Peñafort, Grand Cross of Aeronautical Merit. Author of numerous legal-financial publications.