IBERSOL | Annual Report 2020

CORPORATE GOVERNANCE REPORT I.4. Conflicts of interest I.4.1. .The members of the managing and super- visory boards and the internal committees are bounded, by internal regulation or equivalent, to inform the respective board or committee whenever there are facts that may constitute or give rise to a conflict between their interests and the company’s interest. Adopted 49, 89 to 91 I.4.2. Procedures should be adopted to guar- antee that the member in conflict does not in- terfere in the decision-making process, without prejudice to the duty to provide information and other clarifications that the board, the commit- tee or their respective members may request. Adopted 49, 89 to 91 I.5. Related party transactions I.5.1. The managing body should disclose in the corporate governance report or by other means publicly available the internal procedure for veri- fying transactions with related parties. Adopted 89 to 91 I.5.2. The managing body should report to the supervisory body the results of the internal pro- cedure for verifying transactions with related parties, including the transactions under analy- sis, at least every six months. Adopted 89 to 91, and 61 270