IBERSOL | 2019 Annual Report

Corporate Governance Report Chapter III NON-EXECUTIVE MANAGEMENT, MONITORING AND SUPERVISION Recommendation Degree of Compliance Corporate Governance Report III.1. Without prejudice to question the legal powers of the chair of the managing body, if he or she is not independent, the independent directors should appoint a coordinator (lead in- dependent director), from amongst them, na- mely, to: (i) act, when necessary, as an interlocu- tor near the chair of the board of directors and other directors, (ii) make sure there are the ne- cessary conditions and means to carry out their functions; and (iii) coordinate the independent directors in the assessment of the performance of the managing body, as established in recom- mendation V.l.l. Not applicable 18 III.2. The number of non-executive members in the managing body, as well as the number of members of the supervisory body and the num- ber of the members of the committee for finan- cial matters should be suitable for the size of the company and the complexity of the risks intrin- sic to its activity, but sufficient to ensure, with efficiency, the duties which they have been at- tributed. Adopted 17, 18, 28, 29, 31 to 33 III.3. In any case, the number of non-executive directors should be higher than the number of executive directors. Not adopted 18 182