IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 13. Maximum percentage of voting rights that may be exercised by a single shareholder or shareholders which have with that one any relations such as stated on nº 1 of Art. 20.º of the Securities Code There is no indication in the Articles of Association of the maximum percentage of voting rights that can be exercised by a single shareholder or by shareholders who, with that shareholder, are in any of the relation- ships described in the aforementioned rule. 14. Resolutions which only may be taken by qualified majority. Under the Articles of Association, Shareholder resolutions are not subject to qualified majorities, other than those resulting from applicable law. Therefore, unless otherwise required by law, resolutions at the General Meeting shall be approved by a simple majority (Article 21(2) of the Articles of Association); II.MANAGEMENT AND SUPERVISION a) Composition Board of Directors Chairman – António Carlos Vaz Pinto de Sousa Member - António Alberto Guerra Leal Teixeira Member – Maria do Carmo Guedes Antunes de Oliveira Voga Member – Maria Deolinda Fidalgo do Couto Voga Member – Juan Carlos Vazquez-Dodero de Bonifaz 245