The reform of the criminal code in Spain and the new powers of the Ethics Committee as a criminal prevention body, in addition to the integration of Talisman, which had its own communication channel to the Ethics Committee, and Repsol's growing presence in countries such as the USA, led the company to reconsider unifying all its communication channels related to issues of ethics, conduct, auditing, and the Crime Prevention Model.
The use of Navex offers Repsol the advantage of having a single channel that receives all the group's information on communications regarding ethics and conduct, auditing, and the crime prevention model, therby ensuring the management and traceability of all information, which reduces risks from a legal and reputational point of view and facilitates the reporting of this information. This in turn allows the company to be more efficient in implementing improvement actions. The Repsol Ethics and Conduct Channel is a confidential channel for asking questions and expressing concerns about possible breaches of the company's Code of Ethics and Business Conduct in complete confidentiality. This new tool will be available twenty-four hours a day, seven days a week.