IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT b) Functioning 22. Location where the regulations governing the functioning of the Board of Directors can be found. The Regulations of the Board of Directors may be consulted on the Company’s website: www.ibersol.pt . 23. Number of meetings held and attendance level of each member, as applicable, of the Board, the General and Supervisory Board and Exe- cutive Board of Directors. The By-Laws of the Company stipulate that the Board of Directors shall meet at least quarterly and whenever convened by the Chairman or two of its members. Meetings of the Board of Directors are arranged and pre- pared in advance and the necessary documentation of the points on the agenda is made available in good time. The minutes of meeting are registered in proper book. In the 2019 exercise were made 10 (ten) reunions of the Board. The Executive Members had a presence performance of 100% and the Non-Executive Member had a performance of 70%. 24. Competent Bodies of the Company to appraise the performance of executive directors. The Board of Directors annually evaluates its own performance, both on the performance of its group and on the individual performance of the executive members and the non-executive member, emphasizing the analysis of the parameters of compliance with the strategic plan and the budget outlined for the Company, evaluating the risk management pro- cess, as well as placing this assessment at the level of the relationship with the other corporate bodies and with the Remuneration Committee. The Remuneration Committee, representing the shareholders, is respon- sible for assessing the performance and the approval of remunerations of the Board of Director’s Members and other bodies in accordance with the remuneration policy approved by the shareholders in the General Meeting. 145