IBERSOL | Integrated Management Report 2022

CORPORATE GOVERNANCE REPORT II.4. The company should also implement ad- equate means for the exercise of remote vot- ing, including by correspondence and electronic means. Partially Adopted 12 - v.d. explanation below II.5. The bylaws, which specify the limitation of the number of votes that can be held or exercised by a sole shareholder, individually or in coordination with other shareholders, should equally provide that, at least every 5 years the amendment or maintenance of this rule will be subject to a share- holder resolution without increased quorum in comparison to the legally established - and in that resolution, all votes cast will be counted without observation of the imposed limits. Not applicable 12 to 14 II.6. The company should not adopt mechanisms that imply payments or assumption of fees in the case of the transfer of control or the change in the composition of the managing body, and which are likely to harm the free transferability of shares and a shareholder assessment of the performance of the members of the managing body. Adopted 4 342