IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT 87. Option rights granted to acquire shares (stock options) where the beneficiaries are company employees. No share options have been allocated to workers or employees of the Company. 88. Control mechanisms in any system of employee participation in the capital. Not applicable. E. RELATED PARTY TRANSACTIONS I. Control procedures and mechanisms 89. Mechanisms implemented by the Company for purposes of moni- toring of transactions with related parties (for this purpose refers to the concept resulting from IAS 24). The Statutory Audit Committee has approved the criteria for a previous evaluation of the transactions between the Company and holders of qualified shareholdings or entities related to them, within the terms of art. 20 of the Securities Code, require prior assessment. The criteria has been defined as a transaction value equal to five per cent or more of the consolidated net assets of Ibersol SGPS, SA. 90. Statement of the transactions that were subject to control in the reference year. No businesses or transactions were entered into that required such prior assessment. 175