IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 9. Board of Directors qualification due to share capital increase. Pursuant to article 4.2 of the Articles of Association, the share capital may be increased up to one hundred million euros, one or more times, by resolution of the Board of Directors, which shall determine the form, subscription conditions and categories of shares to be issued from among those provided for in the same articles of association, or others permitted by law. This statutory provision was renewed by resolution of the General Meeting of 29 June 2020, which approved this renewal of the powers conferred on the Board of Directors by article four, number two of the Company’s Articles of Association - so that this corporate body can resolve, within the next five years from that resolution, to increase the share capital, one or more times, by up to one hundred million euros. 10. Related Parties significant Transactions. No significant business or operations were carried out between the Company and holders of qualifying holdings. B. GOVERNING BODIES AND COMMITTEES I. GENERAL MEETING a) Board of the Shareholders’ General Meeting 11. Name, function and mandate of the General Meeting Board´s members. In the 2023 financial year and through the election act for the four-year period from 2021 to 2024 carried out at the Annual General Meeting of 18 June 2021 - the composition of the Board of the General Meeting was as follows: Chairwoman of the Board – Professor Dr. José Rodrigues Jesus Vice-Chairwoman – Dr. Eduardo Moutinho Ferreira Santos Secretary – Dr.ª Clara Maria Azevedo Rodrigues Gomes The term of office of these members corresponds to the exercise of the four-year period 2021/2024, and the next general meeting to be held in 2025 will be electoral. b) Exercise of voting rights 285