IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 Explanation for not adopted or partially adopted Recommendations Recommendation II.3 - In the absence of express requests from share- holders up to the present date regarding the form of participation in the General Meeting by telematic or remote means, and despite this mo- dality isn’t specifically provided in company’s bylaws, the possibility of recommendation to its use isn´t in there limited if force majeure reasons justifies it, all without prejudice of such modality may be considered ex- pressly in a future statutory revision. Recommendation II.4 - In the absence of express requests from share- holders up to the present date regarding the method of exercising the right to vote electronically, and despite this method is not yet in con- crete foreseen in the company’s bylaws, the possibility of recommenda- tion to its use isn´t in there limited or impeded if force majeure reasons, by example, justifies it, without prejudice of such modality may be con- sidered expressly in a future statutory review. Other information The company should provide any additional elements or information that, if not finding explained in the preceding paragraphs, are relevant to understand the model and governance practices adopted. In addition to the information set out above, and for the purposes of article 29-H, paragraph q) of the Securities Code, we now provide in- formation on the diversity policy applied by the company in relation to its management and supervisory bodies, namely, in terms of age, sex, qualifications and professional background, the objectives of this diver- sity policy, as well as the way in which it was applied and its results in the 2021 financial year. The diversity policy applied by the company related to its management and supervisory bodies complies with the following general principles: The candidates for members of the management and supervisory bod- ies should observe: - experience in sufficiently senior positions in companies or similar or- ganizations that provide them: 1. to evaluate, challenge and develop of the most senior managers of the company; 2. to evaluate and challenge the corporate strategy of the Group and its main subsidiaries; 301