IBERSOL Annual Report 2018

CORPORATE GOVERNANCE REPORT I.1. Company’s relationship with investors and disclosure Recommendation Degree of Compliance Corporate Governance Report I.1.1 The company should establish mechanisms to ensure, in a suitable and rigorous form, the production, management and timely disclosure of information to its governing bodies, share- holders, investors and other stakeholders, finan- cial analysts, and to the market in general. Adopted 29, 38, 49, 56 to 65 I.2. Diversity in the composition and functioning of the company’s governing bodies I.2.1. Companies should establish standards and requirements regarding the profile of new mem- bers of their governing bodies, which are suitable according to the roles to be carried out. Besides individual attributes (such as competence, inde- pendence, integrity, availability, and experience), these profiles should take into consideration general diversity requirements, with particular attention to gender diversity, which may con- tribute to a better performance of the governing body and to the balance of its composition. Adopted 15, 17 to 19, 26 31 to 33 and 36 I.2.2. The company’s managing and supervisory boards, as well as their committees, should have internal regulations — namely regulating the per- formance of their duties, their Chairmanship, pe- riodicity of meetings, their functioning and the duties of their members -, and detailed minutes of the meetings of each of these bodies should be carried out. Adopted 22, 23, 27 34 and 35 I.2.3. The internal regulations of the governing bodies - the managing body, the supervisory body and their respective committees - should be disclosed, in full, on the company’s website. Adopted 22, 27, 34 and 61 Chapter I GENERAL PROVISIONS 182