IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 Pursuant to its relevant Rules of Procedure and in accordance with Article 420, paragraph 2, point d) of the Companies Code, it is also responsible for propose to the General Meeting the appointment of the statutory auditor and supervise its independence, particularly as regards the provision of additional services, observ- ing the verification procedures designed to ensure compliance with the independence requirements appli- cable to the statutory auditor, being able, if it so decide, as there is just cause for the purpose, to propose its dismissal or the termination of the service provision contract. The Supervisory Board adopts practical procedures for verification aimed at ensuring the strict compliance with the independence requirements imposed on the Statutory Auditor, which are deemed appropriate and effective for the proper fulfilment of the aforementioned supervisory competences. Namely, it conducts an annual assessment of the performance of the Statutory Auditor, from whom it ob- tains the necessary information for this purpose, and includes its conclusions in its Report and Opinion, issued pursuant to and for the purposes of point (g) of paragraph 1 of Article 420 of the Companies Code. The Audit Committee reviews and approves the scope of any additional services, assessing in each specific case whether such services may compromise the independence of the External Auditor, and ensures that any advisory services are provided with quality, autonomy, and independence from those performed in the context of the audit process. The annual report on the activity carried out by the Supervisory Board is published, together with the finan- cial statements, on the Company’s website. To all effects, the Supervisory Board represents the company in relation to the external auditor, ensuring that all the conditions of service provision are ensured, annually assessing the auditor’s performance, acting as the auditor’s main contact and receiving its reports, jointly with the Board of Directors. In order to carry out its functions, the Supervisory Board obtains from the Board of Directors, in advance, on a regular and timely basis, namely under the provisions of article 3 of the Regulation of the Board of Direc- tors and article 4, no. 7 and 8, of the Regulation of the Executive Committee, all the necessary information 275