IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 11. FINAL FORECASTS 11.1 The Board of Directors approved this Procedure, with a prior favorable and binding opinion from the Statutory Audit Committee. 11.2 Any changes to this Procedure must be approved by the Board of Di- rectors with a prior favorable and binding opinion from the Statutory Audit Committee. 11.3 This Procedure will be disclosed in the Corporate Governance Annual Report and made public through any other legally permissible means. Annex I RELATED PARTIES ACCORDING TO IAS 24 The list below includes a summary of the individual and collective legal per- sons considered Related Persons for the purposes of point 9 of IAS 24, as legislated by Commission Regulation (EC) No. 1126/2008 of November 3, 2008 in its current wording. A. Individuals i. Person holding Control or Joint Control of the Company; ii. Person who has a Significant Influence on the Society; iii. Person who is part of the Key Personnel of the Management of the Com- pany or its holding company; iv. Any Intimate Family Members of any of the persons identified in the points i. iii. above. B. Collective Entities i. Entities that belong to the same group as the Company; ii. Entity that is an Associate of the Company (or Associate of any of the entities that belong to the same group as the Company) or that the Com- pany is an Associate (or Associate of an entity that belongs to the same group as that Entity); 297