IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 d) Joint Control: is the sharing of control, contractually agreed, of an eco- nomic activity that exists only when strategic decisions related to the activity require the unanimous consent of the parties that share control. e) Significant Influence: it is the power to participate in the decisions of the financial and operational policies of a specific entity, but which does not confer control over those policies. Significant influence can be obtained through ownership of shares, by-laws, or agreement. 325