IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 Recommendation / Content Degree of compliance Governance Report IV.1.1.(2) ii) organisation and coordination of the corporate structure; adopted 17, 21, 27 and 29 IV.1.1.(3) iii) matters that shall be considered strategic due to the amounts, risk and particu- lar characteristics involved. adopted 17, 21, 27 and 29 IV.1.2. The management body approves, by means of regulations or through an equiva- lent mechanism, the performance regime for executive directors applicable to the exercise of executive functions by them in entities outside the group. adopted 27 IV.2.1. Notwithstanding the legal duties of the chairman of the board of directors, if the latter is not independent, the independent directors - or, if there are not enough independent directors, the non-executive directors - shall appoint a coordinator among themselves to, in particular (i) act, whenever necessary, as interlocutor with the chairman of the board of directors and with the other directors, (ii) ensure that they have all the conditions and means required to carry out their duties, and (iii) coordinate their performance assessment by the administration body as provided for in Recommendation VI.1.1.; alternatively, the company may establish another equivalent mechanism to ensure such coordination. not adopted v.d. explanation below at the end of this table IV.2.2. The number of non-executive members of the management body shall be ade- quate to the size of the company and the complexity of the risks inherent to its activity, but sufficient to ensure the efficient performance of the tasks entrusted to them, whereby the formulation of this adequacy judgement shall be included in the corporate governance report. adopted 15, 17, 18 and 19, 28 and 29. 317