IBERSOL • 2023 Integrated Management Report

CORPORATE GOVERNANCE REPORT Recommendation / Content Degree of compliance Governance Report VI.2.6. The remuneration committee ensures that such services are provided independently. adopted 67 VI.2.7. The providers of said services are not hired by the company itself or by any company controlled by or in group relationship with the company, for the provision of any other services related to the competencies of the remuneration committee, without the express authorisation of the com- mittee. adopted 67 VI.2.8. In view of the alignment of interests between the company and the executive directors, a part of their remuneration has a variable nature that re- flects the sustained performance of the compa- ny and does not encourage excessive risk-taking. not adopted 69, 70 a 77 e Annex 1 to this Report v.d. explanation below at the end of this table VI.2.9. A significant part of the variable component is partially deferred over time, for a period of no less than three years, and is linked to the con- firmation of the sustainability of performance, in terms defined in the remuneration policy of the company. not applicable 69 and 70 to 77 VI.2.10. When the variable remuneration includes op- tions or other instruments directly or indirectly subject to share value, the start of the exercise period is deferred for a period of no less than three years. not applicable 69 and 70 to 77 VI.2.11. The remuneration of non-executive directors does not include any component whose value depends on the performance of the company or of its value. adopted 69 and 77 358