IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 20. Significant relationships between members of Board of Directors and qualified shareholders. The Directors António Alberto Guerra Leal Teixeira and António Carlos Vaz Pinto de Sousa hold, respectively through the Companies Dunbar - Serviços de Gestão, SA. (in which the former holds a 50,96% participation) and Calum-Serviços de Gestão, SA. (in which the latter has a 68,30% participation), control of ATPS SGPS, SA., a company to which a 50,64% participation in the share capital of Ibersol, SGPS SA is attributed, participation which is also imputed to them individually. Fergie - Serviços e Gestão, S.A., which holds 10.74% of the share capital and voting rights of Ibersol, SGPS, S.A., is 100% owned by EIS - Engenharia, Indústria e Serviços, SGPS, Lda., which, in turn, is owned by Pedro André Gonçalves Teixeira (who holds a 50% stake), son of director António Alberto Guerra Leal Teixeira, and by Pedro Barbosa Vaz Pinto de Sousa (who holds a 25% stake) and Diogo Barbosa Vaz Pinto de Sousa (who holds a 25% stake), the latter two sons of director António Carlos Vaz Pinto de Sousa. 21. Division of powers between the different boards, committees and/or departments within the company, including information on delegating responsibilities, particularly with regard to the delegation of powers, in particular with regard to the delegation of daily management of the Company. Under the terms of the law and the articles of association, the Board of Directors is responsible for managing the company’s activities, ensuring the management of the company’s business and carrying out all operations relating to the company’s object, namely in terms of strategic objectives, organisation and coordination of the corporate structure and the company’s main policies and analysis and definition of limits in terms of risk-taking. Pursuant to Article 8(4) of the Articles of Association and Article 407(3) of the Companies Code, the Board of Directors has set up an Executive Committee, which is made up of 2 members of the Board of Directors. The other directors have non-executive duties, without delegating management powers. In compliance with the aforementioned statutory provision and paragraphs 3 and 4 of the aforementioned article 407 of the Companies Code, the Board of Directors delegated the day-to-day management of 299