128
CORPORATE GOVERNANCE REPORT
II.3.3.
A statement on the remuneration policy of
the management and supervisory bodies referred to
in Article 2 of Law No. 28/2009 of 19 June, shall also
contain the following;
d) Information regarding the enforceability or
unenforceability of payments for the dismissal or
termination of appointment of board members.
Adopted
Part I
Number 69.
of Annex I of this
Corporate Governance
Report
II.3.4.
Approval of plans for the allotment of shares
and/or aoptions to aquire shares or based on share
price variation to board members shall be submitted
to the General Meeting. The proposal shall contain
all the necessary information in order to correctly
evaluate said plan.
NA
Part I
Numbers 70. and 73. and 85.
of Annex I of this Corporate
Governance Report
II.3.5.
Approval of any retirement benefit scheme
established for members of corporation members
shall be submitted to the General Meeting. The
proposal shall contain all the necessary information
in order to correctly evaluate said system.
NA
There are no approved or
submitted for approval by the
General Assembly any system of
retirement benefits established
for members of governing bodies
III. REMUNERATION
III.1.
The remuneration of the executive members of
the board shall be based on actual performance and
shall discourage taking on excessive risk-taking.
Adopted
Part I
Numbers 77. 78. and 79
of Annex I of this Corporate
Governance Report
III.2.
The remuneration of the non-executive board
members and the remuneration of the members of
the Audit Committee shal not include any component
whose value depends on the performance of the
company or of its value.
Adopted
Part I
Numbers 69. 70.e 71.
of Annex I of this Corporate
Governance Report
III.3.
The variable component of remuneration
shall be reasonable overall in relation to the fixed
component of the remuneration and maximum limits
should be set for all components.
NA
Part I
Numbers 69. and 76.
of Annex I of this Corporate
Governance Report
III.4.
A significante part of the variable remuneration
should be deferred for a period not less than three
years, and the right of way payment shall depend
on the continued positive performance of the
componing during that period.
NA
Part I
Numbers 69. and 76.
of Annex I of this Corporate
Governance Report
