Repsol

Trade Union Representation

Repsol is in continuous communication with workers' representative bodies. Meetings are held with unions to reach agreements that are beneficial to both parties.

Second plenary meeting of the Coordinator of the Repsol Latin America-Spain Union Network.

We believe that our relationship with union organizations and other associations that represent workers is of key importance for achieving the objective of social harmony and employment stability, and this is why we will be strengthening global agreements for regulating labor relations in the context of the various applicable regulations.

It should be stressed that the collective agreements extensively regulate the management of employees and their professional careers, covering issues such as salary distribution, training and career development programs, and the maximum periods that people may remain at entry level. These agreements are adapted to suit the peculiarities of each of our activities.

In 2010, Repsol kept open our communication and dialog channels with employee representatives in the various countries in which we are present.

In Algeria we held 10 meetings with the workers' legal representative and a Règlement Intérieur was approved to govern various aspects of labor relations, including the disciplinary system.

In Brazil we held monthly meetings with the internal accident prevention committee, which acts as the employees' representative in questions relating to general services. We currently have two collective agreements in force in Brazil.

We reached five agreements on salary adjustments in Portugal, as well as the division of work between three shifts, health insurance,and the installation of video surveillance cameras. To reach these agreements, we held 18 meetings, 14 of them with the workers' committee and four with union leaders.

In Trinidad and Tobago, we held 12 meetings with union representatives of our employees. We reached various partial agreements on salary increases, sick leave, holidays, and permits for offshore workers.

In Venezuela we have signed a “Framework agreement for non-associated gas operations” with the union organization Sinutrapetrol, which we review every two years. We held various meetings with this union in 2010.

Union network

In 2008, an agreement protocol was signed by Repsol management and the unions in the countries that make up the Coordinator of the Union Network. These are the countries in which the company is most active in Latin America: Argentina, Bolivia, Brazil, Colombia, Ecuador, Peru, Trinidad and Tobago, and Venezuela, as well as the Spanish unions Comisiones Obreras (CCOO) and Unión General de Trabajadores (UGT).

This Protocol recognizes the Union Network's capacity as an intermediary in exchanging information and reflecting on any issues that the signatory parties decide to adopt, and allows for the member unions to meet and coordinate in order to exchange information and discuss the issues and problems affecting all workers within the company.

The second plenary meeting of the Coordinator of the Repsol Latin America-Spain Union Network took place in September in Seville (Spain). This meeting was attended by union representatives from Spain, Argentina, Bolivia, Brazil, and Colombia. Repsol Management was represented at one of the sessions.

The union representatives gave an overview of the general situation from the union viewpoint in each of the countries represented. Among other issues, discussions were held on matters relating to industrial policy, safety, health, the environment, and subcontracting of activities.

The Repsol representatives presented the new policy relating to alcohol and drug use, environmental and social impacts, subcontracting of activities, and the company's strategic plan, Horizon 2014.

Dialog with union organizations

Repsol's Labor Relations, Corporate Responsibility and Institutional Services divisions hold various meetings with the representatives of the CC.OO. and UGT unions in Spain in order to discuss improvements in the field of corporate responsibility.

Some of the issues discussed include unions participating by commenting on the annual corporate responsibility report, requesting information about additional indicators on our employees, and our 2010-2012 Corporate Responsibility Plan.

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