IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT 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 Direc- tors submits to this General Meeting this statement with the guidelines observed 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 performance bonus, being also considered the technical and/or the financial-economic performance in the Directors’ business sector, as well as the financial/economic performance of IBERSOL. Oporto, 5 th May 2020. The Board of Directors. 197