SUCO CARS

General Information (Last updated 22/04/2024)

SUCO CARS, S.L.U. is a Spanish commercial company established by public deed granted before the notary of Las Palmas de Gran Canaria, Mr Manuel Emilio Romero Fernández, on 09/05/2013 under protocol number 613.

Domingo Alonso Group, founded more than eighty-five years ago, is one of the most prominent business groups in the Canary Islands archipelago. Throughout its long history, it has been widely recognized in the automotive sector and has adapted its strategy to include expansion, diversification, and transformation in response to new market demands.

In 2015, the group expanded its conglomerate with the creation of Suco Cars, strengthening its offer and presence in the automotive market. Currently, at the beginning of 2024, Domingo Alonso Group operates in 42 countries and employs more than 1,400 people. The company is dedicated to leading and promoting innovative mobility solutions, using technology and talent as key tools. With an unwavering commitment to sustainability and the wellbeing of its environment, the group aspires to remain a benchmark enterprise that actively tackles contemporary and future challenges.

It is registered in the Mercantile Registry of Las Palmas de Gran Canaria:

Sheet number GC46957, entry 1a.

Volume 2053.

Page 186.

Tax identification code (CIF): B-76156512.

Address: Calle Lomo la Plana 16, Province of Las Palmas, Postal Code 35019.

Contact:

Telephone: 928092112

Email: hola@hyundaicanarias.com

The company has a share capital amounting to 3,000 euros, fully subscribed and represented by 300 shares of 10 euros nominal value each.

Applicable Regulations for the Entity
(Last updated 22/04/2024)

Regarding the company’s operations, the relevant legislation and regulations concerning automotive activity.

Regarding subsidized activities, the following legislation and regulations:

– Decree 36/2009, of March 31, establishing the general subsidy regime of the Autonomous Community of the Canary Islands.
– REGULATION (EU) 2018/858 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of May 30, 2018, on the approval and market surveillance of motor vehicles and their trailers, and of systems, components and separate technical units intended for such vehicles.
– Legislative Decree 1/2007, of November 16, approving the revised text of the General Law on the Protection of Consumers and Users and other complementary laws.
– Law 7/2022, of April 8, on waste and contaminated soil for a circular economy.
– Decree 1457/1986, of January 10, regulating industrial activity and the provision of services in motor vehicle repair workshops, including their equipment and components.
– Commission Regulation (EU) 2022/720 of May 10, 2022, on the application of Article 101(3) of the Treaty on the Functioning of the European Union to certain categories of vertical agreements and concerted practices.
– Legislative Decree 1/2012, of April 21, approving the revised text of the Laws on the Regulation of Commercial Activity in the Canary Islands and the Regulation of Commercial Licenses.
– Law 3/2003, of February 12, on the Statute of Consumers and Users of the Canary Islands.
– REGULATION (EU) 2016/679 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of April 27, 2016, on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation).
– Organic Law 3/2018, of December 5, on the protection of personal data and guarantee of digital rights.
– Law 31/1995, of November 8, on the prevention of occupational risks.
– Law 3/1991, of January 10, on unfair competition.
– Royal Legislative Decree 8/2015, of October 30, approving the revised text of the General Social Security Law.
– Royal Legislative Decree 1/2013, of November 29, approving the revised text of the General Law on the rights of persons with disabilities and their social inclusion.
– Organic Law 3/2007, of March 22, on effective equality between women and men.
– Royal Decree 902/2020, of October 13, on equal pay between women and men.
– Organic Law 10/2022, of September 6, on comprehensive guarantee of sexual freedom.
– Law 2/2023, of February 20, regulating the protection of whistleblowers and fighting corruption.
– Royal Decree-Law 8/2019, of March 8, on urgent measures of social protection and combatting job insecurity regarding working hours.

Generally applicable commercial/accounting regulations:

Capital Companies Act, whose revised text was approved by Royal Legislative Decree 1/2010, of July 2, the Commercial Code and complementary provisions, and remaining commercial legislation.

Law 22/2015, of July 20, on Account Auditing.

Royal Decree 2/2021, of January 12, approving the implementation regulation of Law 22/2015, of July 20, on Account Auditing.

Royal Decree 1/2021, of January 12, amending the General Accounting Plan approved by Royal Decree 1514/2007, of November 16.

The rest of the applicable Spanish accounting regulations.

Corporate Purpose
(Last updated 22/04/2024)

The Company’s purpose is:

The purchase, import, export, distribution, and sale of all kinds of machinery, automobiles, and vehicles for industrial or commercial use, tractors, engines, and all their spare parts and accessories.

Organizational Chart

Joint Administrators
Julio Antoranz Pardo - CFO Domingo Alonso Group
ID: 02662490X
Juani Jimenez Afonso - CEO International Business Unit of Domingo Alonso Group
ID: 52835549H
Both administrators do not receive any remuneration or allowances for their role as administrators in this company.

Information relating to the 2022 financial year (Last updated 22/04/2024)

PUBLIC ADMINISTRATION CONTRACTS - GENERAL INFORMATION
Not applicable - The company Suco Cars, S.L.U. has not entered into any contracts with public administration, public bodies, public law entities or their subsidiaries, nor with any public university during the 2022 fiscal year.

PUBLIC ADMINISTRATION CONTRACTS - MODIFICATIONS
Not applicable - The company Suco Cars, S.L.U. has not entered into any contracts with public administration, public bodies, public law entities or their subsidiaries, nor with any public university during the 2022 fiscal year.

AGREEMENTS AND MANAGEMENT COMMISSIONS - GENERAL INFORMATION
Not applicable - The company SUCO CARS, S.L.U. has not entered into any agreement/management commission with the public administration, public bodies, public law entities or their subsidiaries, nor with any public university during the 2021 fiscal year.

AGREEMENTS AND MANAGEMENT COMMISSIONS - MODIFICATIONS
Not applicable - The company SUCO CARS, S.L.U. has not entered into any agreement/management commission with the public administration, public bodies, public law entities or their subsidiaries, nor with any public university during the 2021 fiscal year.

Grants and Subsidies Related to Fiscal Year 2022 (Last updated on 22/04/2024)

Renewable Energy Installations Grant - 2022
File Number: ER2021010151
Amount awarded: 87,901.97 euros
Beneficiary: SUCO CARS, S.L.U.
Purpose: Install photovoltaic panels at our facilities to contribute to climate change mitigation by generating energy for self-consumption, without producing surpluses
Granting authority: Government of the Canary Islands - Directorate General of Energy
Description of purpose: This project aims to install photovoltaic panels in our infrastructure to generate renewable energy for our own consumption. By doing so, we seek to reduce our carbon footprint and actively contribute to combating climate change. This initiative is designed to ensure that all energy generated is consumed internally, avoiding the production of energy surpluses.