IBERSOL Annual Report 2018

ANNUAL REPORT 2018 3. According to CMVM Recommendations upon publicly listed companies corporate governance, and to promote transparency, in order to comply with Recommendations of Corporate Governance, the Board of Directors submits to this General Meeting this statement with the guidelines ob- served to determine the mentioned remunerations, as follows: a) The remuneration policy adopted for Ibersol’s Directors matches with the policy determined for the generality of the Company’s employees. b) However, the Company’s Directors remuneration contains a fix remu- neration and an eventual performance bonus. c) The evaluation of the performance quality and the performance bo- nus are established according to the criteria previously defined by the Board of Directors. d) Therefore, behaviour factors of each Director, namely, specific com- petencies to the function, its level of responsibility, ability to adjust to company’s management and specific procedures, autonomy level of individual performance, will be attended to determine an eventual per- formance bonus, being also considered the technical and/or the finan- cial-economic performance in the Directors’ business sector, as well as the financial/economic performance of IBERSOL. OPorto, 3 rd April 2019. The Board of Directors. 201