The Corporate Governance System of MAPFRE is the set of principles, policies, and other internal regulations that ensure: (i) ethical, transparent, and sustainable management; (ii) a robust corporate governance framework, aligned with the best international and local practices, guaranteeing efficiency, transparency, and accountability in the structure and functioning of the governing and management bodies of the Group’s companies; and (iii) the protection of shareholders’ and other stakeholders’ interests, as well as the creation of sustainable long-term value. All of this is in accordance with the Purpose, Vision, and Values set out in the Institutional and Business Principles of the MAPFRE Group, approved by the Board of Directors of MAPFRE, S.A.
The Corporate Governance System of MAPFRE is structured around the following categories of principles, policies, and standards.