IBERSOL | Integrated Management Report 2022

CORPORATE GOVERNANCE REPORT I.1. Company’s relationship with investors and disclosure Recommendation Degree of Compliance Corporate Governance Report I.1.1 The Company should establish mechanisms to ensure the timely disclosure of information to its governing bodies, shareholders, investors and other stakeholders, financial analysts, and to the markets in general. Adopted 29, 38, 49, 56 to 65 I.2. Diversity in the composition and functioning of the company’s governing bodies I.2.1. Companies should establish standards and requirements regarding the profile of new mem- bers of their governing bodies, which are suitable according to the roles to be carried out. Besides individual attributes (such as competence, inde- pendence, integrity, availability, and experience), these profiles should take into consideration general diversity requirements, with particular attention to gender diversity, which may con- tribute to a better performance of the governing body and to the balance of its composition. Adopted 15, 17 to 19, 26, 31 and 33, 36 I.2.2. The company’s managing and supervisory boards, as well as their committees, should have internal regulations — namely regulating the per- formance of their duties, their Chairmanship, pe- riodicity of meetings, their functioning and the duties of their members —, disclosed in full on the company’s website. Minutes of the meetings of each of these bodies should be drawn out. Parcially Adopted 22, 23, 27, 34 and 35 I.2.3. The composition and the number of annual meetings of the managing and supervisory bod- ies, as well as of their committees, should be dis- closed on the company’s website. Adopted 23, 35, 62, 63 and 64 Chapter I GENERAL PROVISIONS 338