IBERSOL | Annual Report 2020

CORPORATE GOVERNANCE REPORT - The consolidated financial statements are prepared on a quarterly basis by the central consolidation function, which conducts an ad- ditional reliability check; - The financial information, annual report and financial statements are reviewed by the Financial Unit and submitted to the Board of Direc- tors for final review and approval. Once the documents have been approved, they are sent to the external auditor, which issues its audit report and opinion. - The statutory auditor carries out an annual audit and a half-yearly limited review of the individual and consolidated accounts. Also, each quarter it conducts a summary examination of the quarterly informa- tion. - The process of preparation of the individual and consolidated finan- cial information and of the management report is supervised by the Statutory Audit Committee and the Board of Directors. At quarterly intervals these bodies meet and analyze the individual and consoli- dated financial statements and management report. Among the causes of risk that may materially affect financial report- ing are the accounting estimates, which are based on the best informa- tion available and on the knowledge and experience of current and past events. Balances and transactions with related parties are disclosed in the annex to the financial statements and are associated above all with the Group’s operating activities and its lending and borrowing, which is done at market prices. IV. Investor Relations Office 56. Department responsible for investor relations, composition, func- tions, information provided by these services ans elements for con- tract. The Office may be contacted through the Representative for the capital market, António Carlos Vaz Pinto de Sousa (Telephone: +351 22 6089708 ; Telefax: +351 22 6089757; E-mail: psousa@ibersol.pt , Morada: Praça do Bom Sucesso, 105/159 – 9th floor, 4150–146 Porto, who is accessorized by Dr. Tiago Marques. 256