IBERSOL Annual Report and Consolidated Accounts 2017

Report on Corporate Governance 45. External Auditor assessment The Statutory Audit Committee annually assesses the work of the external auditor and states its conclusions in its Report and Opinion, issued in the terms and for the purposes of art. 420.1.g) of the Companies Code (CSC). 46. Additional work. The additional services provided by the external auditor will mainly include services related to the review of tax documentation processes and keeping up to date with tax legislation. The Statutory Audit Committee analyzed and approved the scope of said services, concluding that they do not represent any obstacle to the auditor’s independence. The additional services are provided by different individuals from those involved in the audit, so that the independence and impartiality of the auditor is considered to be assured. The fees billed for additional services in 2017 represented 2,7% of the total fees billed to the Group by PriceWaterHouseCoopers in the year. 162