IBERSOL | Annual Report 2021

CORPORATE GOVERNANCE REPORT Functions performed in board of directors of other societies held by Ibersol Group: Does not perform any functions in the management bodies of other com- panies of the Ibersol Group. Functions performed in board of directors of societies outside Ibersol Group: Member of the Board of Directors of Altri, SGPS 20. Significant relationships between members of Board of Directors and qualified shareholders. There are no family, professional or business relationships with hold- ers of qualifying shareholdings beyond the fact that the Directors, Dr. António Carlos Vaz Pinto de Sousa and Dr. António Alberto Guerra Leal Teixeira, through companies Calum - Serviços de Gestão, S.A. and Dun- bar – Serviços de Gestão, S.A., have the control of ATPS, SGPS, S.A. and this company detains 56.55% of the share capital of Ibersol, SGPS, S.A, participation that is imputed to them individually as well. 21. Division of powers between the different boards, committees and/or departments within the company, including information on delegating responsibilities, particularly with regard to the delegation of powers, in particular with regard to the delegation of daily management of the Company. Two of the members of the Board of Directors perform executive func- tions and form an Executive Committee, which was elected and whose powers of day-to-day management were delegated by the board of di- rectors under terms of art. 8.4 of the By-laws of the Company and article 407.3 of the Companies Code (CSC) and the others directors perform non-executive functions without delegation of management powers. 252