Average supplier payment period

In accordance with Law 18/2022, of September 28th, which modifies the third additional provision referring to the duty of information contained in Law 15/2010, of July 5th, which in turn modified Law 3/2004, of December 29th, in which measures are established against late payment in commercial transactions, listed companies are obliged to explicitly publish in their Annual Accounts and website their average time period for payments to suppliers, the number of invoices and the monetary volume paid in a period less than the maximum established by the regulation, and the percentage they represent over the total number of invoices and over the total monetary volume paid to their suppliers.

As of December 31st, 2023, Línea Directa Group had an average time period of 20.80 days for payments to its suppliers, that is, less than the maximum legal time frame of 60 days for payments applicable to business transactions according to the aforementioned law.

The number of invoices and the monetary volume paid in a period less than the legal maximum as of December 31st, 2023, was 102,744 invoices and 314,136 thousand euro respectively, which represents 85.86% and 88.52% on the total invoices and on the total monetary volume for payments to their suppliers.