IBERSOL • 2023 Integrated Management Report

CORPORATE GOVERNANCE REPORT 5. Regime to which the renewal or revocation of defensive measures is subject, in particular those that provide for the limitation of the number of votes that can be held or exercised by a single shareholder, individually or in concert with other shareholders. No defensive measures were adopted within the Company, nor any rules on their renewal or revocation, and under the terms of the articles of as- sociation, each share corresponds to one vote, and there are no restrictions on voting rights or dependence on the ownership of a number or percent- age of shares, nor are there any deadlines imposed for the exercise of vot- ing rights that exceed or alter those established by law, and there are no systems for highlighting rights of patrimonial content. 6. Shareholders agreements. The Company is unaware of the existence of any shareholders’ agreement entered into between shareholders in this capacity that could lead to re- strictions on the transfer of securities or voting rights, or lead to a con- certed exercise of voting rights. Nevertheless, and in accordance with the announcements it made to the market on 07.01.2016 (erroneously dated 07.12.2016) and 15.02.2016, the Companywas informed thatAntónioCarlosVazPintodeSousa andAntónio Alberto Guerra Leal Teixeira had entered into a shareholders’ agreement re- garding the exercise of voting rights inherent in the shares of the company ATPS - Sociedade Gestora de Participações Sociais, S. A. (“ATPS”, NIPC 503.997.714), in turn held by the companies Calum - Serviços e Gestão, S.A. and Dunbar - Serviços e Gestão, S.A., This shareholders’ agreement resulted in the aforementioned individuals maintaining joint control of ATPS, which in turn held 21,452,754 shares on 31 December 2023, representing 50.64% of the company’s share capital and 50.64% of the voting rights. As the company announced in due course, the aforementioned shareholder agreement regarding ATPS stipulates that each of the parties undertakes to concentrate investment in the company’s shares through ATPS, as well as “to do everything necessary to ensure that ATPS does not transfer own- ership of the shares representing Ibersol’s share capital that it may hold and that no encumbrances are placed on them”. 282