IBERSOL | Annual Report 2020

CORPORATE GOVERNANCE REPORT iii. Entities that are a joint venture of the Company (or a joint venture of an entity that is a member of the group to which the Company belongs) or the Company is a joint venture of an Entity (or joint venture of a group member to which this Entity belongs); iv. Entities that are a joint venture of the same third party; v. Entities that are a joint venture of a third party of which the Company is an Associate (or, if the Company is a joint venture of a third party, the As- sociated entity of that third party); vi. The entity that is a post-employment benefit plan for the benefit of the Company’s employees, or any entity that is a related party to the Com- pany; vii. Entities controlled or co-controlled by any of the natural persons men- tioned in point A. above. viii. Entities over which a person (or any close member of his family), who has Control or Joint Control of the Company, has a Significant Influence or is considered Key Management Personnel of that entity (or the par- ent company of that entity); ix. Entity, or any member of the group of which it is a part, that provides Key Management Personnel services to the Company or its holding company. C. Glossary a) Associate: means an entity, including entities without legal personality such as partnerships, over which the person in question has significant influ- ence, and which is neither a Subsidiary nor a joint venture; b) Intimate Family Member: in relation to an individual, it refers to family members who are expected to influence, or be influenced by, that individual in their dealings with the Society, which may include: i. The spouse or person with a similar affective relationship and the indi- vidual’s children; ii. Children of the spouse or similar person with an affectionate relationship; and iii. Dependents of the individual, spouse, or person with a similar affective relationship. 298