IBERSOL | Integrated Management Report 2022

INTEGRATED MANAGEMENT REPORT 2022 between the company and holders of qualified participation or entities that are related to them under the terms of Article 29.º T and ff of the Portuguese Securities Code, having set as qualifying criterion a value of the transaction equal to or greater than two point five percent of the consolidated net assets of Ibersol SGPS, SA. Each member of the Board of Directors is obliged, with regard to facts applicable to his or her conduct in particular and pursuant to the Internal Procedure on Transactions with Related Parties ( cf. point 3.2. of this Procedure ) - specifically to the following: a) Promote that Transactions with Related Parties and, when reasonable and insofar as they may exert influence, the Transactions of Affiliates, are duly documented and, when applicable, disclosed under the terms established in this Procedure; b) Keep the Board of Directors informed of any Transactions with Related Parties or Transactions of Affiliates that they are aware of. 90. Statement of the transactions that were subject to control in the reference year. There were no transactions with related parties subject to control. 91. Description of the procedures and criteria applicable to the supervisory body for the purposes of prior assessment of the business to be carried out between the Company and holders of qualifying holdings or entities that are in a relationship with them. All transactions carried out with related parties are communicated to the Audit Committee, under the terms and along with the elements contained in articles 4. to 8. of the referred procedure ( ANEXO A ). The procedures applicable to the intervention of the Audit Committee in the prior assessment of any eventual business to be carried out between the Company and holders of qualified holdings follow the rules of the respective Internal Procedure in matters of transactions with related parties and compliance with Recommendations I.5.1 and I.5.2 of the IPCG/2020 Corporate Governance Code, followed in Appendix -A to this Governance Report the respective “ Internal Procedure in Matters of Transactions with Related Parties ”. 335