IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 Acknowledgments Once again, this year the Board of Directors would first of all like to ex- press its appreciation to all the Group’s employees and brand franchises, following a year marked by a great effort by the entire team towards recovery and resilience. Everyone, without exception, understood the great challenge we had to face and together we carved out a path of recovery, business recon- struction, and resilience. This was a year in which our customers returned to our restaurants, im- mediately following the lifting of restrictions, and in a clear sign of trust showed their preference for our brands. This was only possible due to the cooperation and support of our franchisees, our suppliers, and other partners. This year we must also address a special word of thanks to the banking institutions that have remained by our side over the years and, especial- ly, to all those who played an important role in our share capital increase operation. A decisive factor in this operation was the trust deposited by our Shareholders in the Ibersol Group, and for which we are very grate- ful. Finally, the assiduous cooperation and capacity for dialogue shown by the Audit Committee, Auditors and Statutory Auditor when monitor- ing and examining the company’s management must also be acknowl- edged. Oporto, 29 th April 2022 The Board of Directors António Alberto Guerra Leal Teixeira António Carlos Vaz Pinto de Sousa Juan Carlos Vázquez-Dodero Maria Deolinda Fildalgo do Couto Maria do Carmo Guedes Antunes de Oliveira 229