IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 The term of mandate of the Statutory Audit Committee members is four years (art. 27 of the By-laws). The current Chairman took up the respec- tive post in 2021. The current Member, Carlos Alberto Alves Lourenço, began his duties as Chairman in 2017. The current Member, Maria José Martins Lourenço da Fonseca, began his duties as Vice-Chairman in 2017, and the Substitute Member, Joaquim Jorge Amorim Machado, began his duties in 2021. 32. Independence of the Fiscal Board members All the effective members meet the criteria stated in article 414.5 of the CSC and comply with all the rules of incompatibility mentioned in article 414.-A.1 of the CSC. The members of the Statutory Audit Committee have the duty to imme- diately report to the Company any event that might give rise to incom- patibility or loss of independence. 33. Professional Qualifications Chairman – Dr. Hermínio António Paulos Afonso Academic qualifications - Bachelor degree in Accounting - ISCAP (1984) - Degree in Gestão Financeira – ISCAP (1992) Professional activity in the last five years: 1990 – 2020 Chartered Accountant at Coopers & Lybrand and Pricewa- terhouseCoopers; 1996 - 2020 Partner at Coopers & Lybrand and PricewaterhouseCoop- ers, responsible for auditing and accounting review in various sectors of activity in relevant companies / groups; Trainer in several internal and external training actions in the areas of au- diting, internal control and national and international accounting stand- ards. Date first appointed and end of current term of office: 2021 / 2024. 259