IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 V.2.8. A significant part of the variable compo- nent should be partially deferred in time, for a period of no less than three years, being neces- sarily connected to the confirmation of the sus- tainability of the performance, in the terms de- fined by a company’s internal regulation. Not applicable 69, 70 to 74 V.2.9. When variable remuneration includes the allocation of options or other instruments di- rectly or indirectly dependent on the value of shares, the start of the exercise period should be deferred in time for a period of no less than three years. Not applicable 69, 70 to 74 V.2.10. The remuneration of non-executive direc- tors should not include components dependent on the performance of the company or on its value. Adopted 69 V.3. Appointments V.3.1. The company should, in terms that it con- siders suitable, but in a demonstrable form, pro- mote that proposals for the appointment of the members of the company’s governing bodies are accompanied by a justification in regard to the suitability of the profile, the skills and the cur- riculum vitae to the duties to be carried out. Adopted v.d. documents published in this context in www. ibersol.pt with the proposals of election occurred at the General Meeting 2017 V.3.2. The overview and support to the appoint- ment of members of senior management should be attributed to a nomination committee unless this is not justified by the company’s size. Not applicable 15, 27 to 29 V.3.3. This nomination committee includes a ma- jority of non- executive, independent members. Not applicable 15, 27 to 29 277