IBERSOL | Integrated Management Report 2022

CORPORATE GOVERNANCE REPORT b) Functioning 22. Location where the regulations governing the functioning of the Board of Directors can be found. The Regulations of the Board of Directors may be consulted on the Com- pany’s website: www.ibersol.pt . 23. Number of meetings held and attendance level of each member of the Board of Directors. The By-Laws of the Company stipulate that the Board of Directors shall meet at least quarterly and whenever convened by the Chairman or two of its members. Meetings of the Board of Directors are arranged and prepared in advance and the necessary documentation of the points on the agenda is made available in good time. The minutes of meeting are registered in proper book. In 2022, 26 meetings of the Board of Directors were held. In one of these meetings, one non-executive Member was absent and at the other 25 meetings all of the Executive Members and non-executive Members were present or represented (herein ex vi article 14º nº 4 of the Company’ s Bylaws and article 410º nº 5 of the CSC). 24. Competent Bodies of the Company to appraise the performance of executive directors. The Board of Directors conducts an annual assessment of its own performance, both in terms of the performance of its group and of the individual performance of the executive members and the non-executive members, emphasizing the analysis of the parameters compliance with the strategic plan and the budget outlined for the Company, evaluating the risk management process, as well as placing this assessment at the level of the relationship with the other corporate bodies and with the Remuneration Committee. TheRemunerationCommittee, representingtheshareholders, isresponsible for assessing the performance and the approval of remunerations of the Board of Director’s Members and other bodies in accordance with the remuneration policy approved by the shareholders in the General Meeting. 300