IBERSOL | Integrated Management Report - 2024

CORPORATE GOVERNANCE REPORT Recommendation III.4 - As there have been no express requests from shareholders to date regarding participation in the General Meeting by telematic or remote means, and as this method is not specifically pro- vided for in the company’s articles of association, there is no limit to the possibility of recommending the use of this same remote means if rea- sons of force majeure justify it, without prejudice to this method being considered in a future revision of the articles of association. However, to date, given the size of the company and the current concentration of its capital structure, it does not appear that the implementation of this method of participation in the General Meeting, in the immediate future, would be necessary and justified in view of the high costs associated with its implementation and the effective advantages that this could bring to the participation of shareholders in the General Meeting. Recommendation III.5 – In the absence of express requests from share- holders up to the present date regarding the method of exercising the right to vote electronically, and despite this method is not yet in concrete foreseen in the company’s bylaws, the possibility of recommendation to its use isn´t in there limited or impeded if force majeure reasons, by ex- ample, justifies it, without prejudice of such modality may be considered expressly in a future statutory review. Given that in previous General Meetings of Shareholders held in 2020 to 2024, the Company has al- ready made available to its shareholders a reiterated practice, duly justi- fied and secure, of being able to exercise their voting right in the form of postal voting by electronic mail - noting that this method was included in the respective Notices of Meeting and in the respective electronic voting forms published in connection therewith - should be consider that the appropriate means for exercising the right to vote at a distance in complete security and guaranteeing of integrality and confidentiality of this method of electronic voting have been duly implemented by the Company. Recommendation III.7. - Considering what is stated in point 4 above of this Report, it should be clarified that the international brand franchis- ing contracts signed by the subsidiaries of Ibersol, SGPS S.A. referred to therein have the proper and usual structure of the nature and type of contract in question, including with regard to the requirements and con- ditions to be met prior to the sale of shareholding, issue of capital instru- 324