IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 through its presence on the respective Boards of Directors of the various subsidiaries of the Group; reporting quarterly to the Board of Directors on the consolidated financial results of the various business units of the Group; promoting transparent and effective communication with the Company’s stakeholders, as well as with investors, financial analysts and the banking sector, in order to obtain external financing to support the Company’s operations, finance projects and ensure its sustainable growth; and the Executive Committee is also vested with all management powers necessary and convenient for the exercise of the Company’s activity which are not excluded from its remit by law or regulation or by the respective act of delegation of powers, it being the case that, without prejudice to the limits on the delegation of powers resulting from the law, the Articles of Association or the Regulations, the Executive Committee shall have a special duty of initiative and of making proposals to the Board of Directors on acts within the latter’s competence. It should be noted that, under article 407(8) of the Portuguese Companies Code, this delegation does not exclude the competence of the Board of Directors to pass resolutions on the same matters. Within this framework, the Executive Committee is responsible for the operational coordination of the functional departments and of the different corporate businesses, meeting with the respective senior executives on a regular and periodic basis. The decisions taken by the Functional and Business Directors must comply with the overall guidelines arising from the delegation of powers conferred by the Executive Committee and are coordinated at periodic meetings. The organization chart and distribution of tasks is as follows: 261