Línea Directa Group Tax Strategy: accountability and transparency

The Línea Directa Group’s Tax Strategy was approved by the Board of Directors in July 2019 and updated in January 2024. Its purpose is to establish a high-level framework for action that ensures compliance with tax regulations, taking into account the corporate interest and that of its stakeholders, while supporting the Group’s business strategy.

The Línea Directa Group has a tax strategy aligned with the values that shape its corporate culture and adopts a low tax risk profile, consistent with the proper management of its tax obligations. The Group’s decision-making process is guided by the objectives, principles, and best tax practices that form part of this strategy. This approach is also aligned with the commitments set out in the Group’s Code of Ethics. Furthermore, the Línea Directa Group has adhered to the Spanish Tax Agency’s Code of Good Tax Practices since July 2021.

The Group’s compliance with its tax obligations is governed by the following guiding principles:

• Commitment to legality in tax obligations
• Reasonable and prudent interpretation of regulations
• Zero tolerance for intentional tax infringements
• Good faith, transparency, cooperation, and reciprocity with the Tax Authorities
• A culture of prevention, detection, management, and mitigation of risk

Línea Directa Aseguradora will promote the application of the principles and best practices established in this Tax Strategy across all companies within the Group.