IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 Business Development Center de Wisconsin, EUA, Certified by INSEAD (Fontainebleau) – Advanced Management Program and Finantial Man- agement Program. Certified by Henley College - Stragic Planning in Practice. Certified by Linkage International–GILD e Executive Coaching Master Class. PCC– Professional Certified Coach by ICF–International Coach Federation. Professional qualifications: - Managing Partner of the European School of Coaching and Partner of the Company My Change; Dr. Joaquim Alexandre de Oliveira e Silva: Degree in Economics by Faculdade de Economia of Oporto´s University, having exercised the tax consultancy activity in the last five years; - Dr. António Javier Dopico Grandio: PhD Degree in Economic and Busi- ness Sciences.Retired in the last five years. III. Remuneration Structure 69. Remuneration policy and performance assessment. The remuneration policy of the corporate governing bodies is approved by the shareholders in General Meeting. The General Meeting of shareholders held on 18 June 2021, and continu- ing the policy previously pursued consistently, approved the remunera- tion policy already in force. The remuneration policies and practices of other Groups of companies are not used as a benchmark in setting the remuneration of the mem- bers of the Board of Directors and Statutory Audit Committee and no policy has been established with regard to severance payments for di- rectors, as indicated in the statement of the Remuneration Committee attached to the Corporate Governance Report. In order to fix the remuneration of the members of the Board of Direc- tors and the Supervisory Board, no remuneration policies and practices of other groups of companies were taken into account by comparison, and not being determined any policy about payments related to the dis- missal or termination by agreement of the functions of directors, as per the statement of the Remuneration Committee attached to the Govern- ance Report. The remuneration policy for senior managers is described in the state- ment of the Board of Directors attached to the Corporate Governance Report. The remuneration of senior managers includes no major or ma- 279