ETHICS, TRANSPARENCY, AND GOOD GOVERNANCE

The Board of Managers of Avangrid Renewables oversees the management of the Company and its business with a view of enhancing the long-term value for its shareholders. The corporate governance system is inspired by and based on a commitment to ethical principles; transparency and leadership in the application of best practices in good governance; and is designed to be a working structure for principled actions, effective decision making, and appropriate monitoring of both compliance and performance.