Average Period for payment to suppliers

International Consolidated Airlines Group, S.A.’s average payment period to suppliers in 2016 was 31 days, below the 60 days legal maximum established by Law 15/2010, of 5 July, which establishes measures to combat late payment in commercial transactions (as amended by Law 31/2014). The average payment period was calculated in accordance with the provisions of this law, including exclusively the Group companies based in Spain.