IBERSOL Annual Report 2018

ANNUAL REPORT 2018 V.2.3. The statement on the remuneration policy of the managing and supervisory bodies, pursu- ant to article 2 of Law no. 28/2009, 1 9 th June, should additionally contain the following: (i) the total remuneration amount itemised by each of its components, the relative proportion of fixed and variable remuneration, an explanation of how the total remuneration complies with the company’s remuneration policy, including how it contributes to the company’s performance in the long run, and information about how the perfor- mance requirements were applied; (ii) remunerations from companies that belong to the same group as the company; (iii) the number of shares and options on shares granted or offered, and the main conditions for the exercise of those rights, including the price and the exercise date; (iv) information on the possibility to request the reimbursement of variable remuneration; (v) information on any deviation from the pro- cedures for the application ofthe approved re- muneration policies, including an explanation of the nature of the exceptional circumstances and the indication of the specific elements subject to derogation; (vi) information on the enforceability or non-en- forceability of payments claimed in regard to the termination of office by directors. Adopted 69 to 88 V.2.4. For each term of office, the remunera- tion committee should also approve the direc- tors’ pension benefit policies, when provided for in the bylaws, and the maximum amount of all compensations payable to any member of a board or committee of the company due to the respective termination of office. Not applicable 76, 83 and 84 V.2.5. In order to provide information or clarifi- cations to shareholders, the chair or, in case of his/her impediment, another member of the re- muneration committee should be present at the annual general meeting, as well as at any other, whenever the respective agenda includes a mat- ter linked with the remuneration of the members of the company’s boards and committees or, if such presence has been requested by the share- holders. Adopted 69 191