IBERSOL Annual Report 2018

ANNUAL REPORT 2018 ers, including the description of the inspection activity carried out, any detected constraints and to give an opinion on the report and accounts, as well as on the proposals presented by the management; It is also responsible for making proposals to the General Meeting for the appointment of the statutory auditor and examining the auditor’s in- dependence, particularly as regards the provision of additional services. The annual report on the work of the Audit Committee is published, to- gether with the financial statements, on the Company’s website. To all effects, the Statutory Audit Committee represents the company in relation to the external auditor, ensuring that all the conditions of ser- vice provision are ensured, annually assessing the auditor’s performance, acting as the auditor’s main contact and receiving its reports, jointly with the Board of Directors. To perform its functions the Statutory Audit Committee obtains from the Board of Directors the information it needs in order to carry out its activity, namely information on the Group’s operations and financ- es, changes in the composition of the Group’s portfolio of companies and businesses and the content of the main resolutions adopted by the Board. IV. STATUTORY EXTERNAL AUDITOR 39. Statutory External Auditor identification and the representing partner. The statutory auditor of the Company is “KPMG & Associados – Socie- dade de Revisores Oficiais de Contas, SA.”, designated by the General Meeting 14 May 2018 for the mandate’s course 2017/2020, represented by the Statutory Auditor Dr.ª Adelaide Maria Viegas Clare Neves and Substitute, Dr. Vitor Manuel da Cunha Ribeirinho, Statutory Auditor. 40. Permanence of functions. The mentioned Statutory Auditor performs functions in the Company from its nomination occurred at the General Meeting 14 May. 2018 to the present, and it’s mandate will occur until 2020. 157