IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 well as the necessary graduation of the responsibilities that are com- mitted to them. The members of the Statutory Audit Committee, the Board of the General Meeting and the Statutory auditor will not all occupy the same organizational or functional position. Various crite- ria are applied, including level of responsibility, time commitment or the value of a particular service or institutional representation, with identification of all remuneration components applied individually, in case; b) The Company’s economic situation, its business strategy, long-term corporate interests, and its sustainability; c) The size of society and the degree of functional complexity, in relative and individual terms, is one of the important aspects. 71. Reference, if applicable, of the existence of a variable remunera- tion component and information about likely impact of performance appraisal in this component. There is no variable component of remuneration. 72. Deferring payment of the variable remuneration component, spec- ifying the period of deferral. There is no variable component of remuneration. 73. Criteria on which the attribution of variable remuneration in shares is based, as well as on the maintenance, by the executive directors, of these shares, about the possible conclusion of contracts related to these shares, namely hedging or risk transfer contracts, respective limit, and its relation to the value of the total remuneration It is not foreseen, nor has it been applied, any form of remuneration in which there is the attribution of shares or any other system of incentive in shares. 74. Criteria that underlie the allocation of variable remuneration in options and indication of the deferral period and the exercise price and the members of the Company. No remuneration involving the allocation of share options is envisaged. 281