110
10. Related Party Transactions.
No material business or transactions were conduct-
ed between the Company and holders of qualifying
shareholdings.
B. GOVERNING BODIES AND COMMITTEES
I. GENERAL MEETING
a) Board of the Shareholders’ General
Meeting
11. Name, function and mandate of the
General Meeting Boards member.
Throughout 2013, and as a result of elections held in
the Annual General Meeting held on 6 May 2013, the
composition of the Board of the General Meeting was
as follows:
Chairwoman of the Board
– Dr.ª Alice da Assunção
Castanho Amado;
Vice-Chairwoman –
Dr.ª Anabela Nogueira de Matos;
Secretary –
Dr.ª Maria Leonor Moreira Pires Cabral
Campello.
These members are elected for a four-year term, from
2013 to 2016.
b) Exercise of the voting rights
12. Possible restrictions on voting rights.
There are no restrictions on voting rights, such as limi-
tations on the exercise of the vote depending on own-
ership of a certain number or percentage of shares,
given that, under the terms of article 21 of the Bylaws,
each share carries one vote.
According to article 23 of the Bylaws of the Company,
for the General Meeting to be able to meet and delib-
erate on first call, shareholders of shares represent-
ing more than fifty per cent of the share capital must
be present in person or by proxy. According to article
21.1 and 21.2 of the Bylaws, each share carries one
vote and resolutions of the General Meeting shall be
adopted by simple majority, unless the law requires
otherwise.
Article 22.3-11 of the Company’s Bylaws contain
rules on the exercise of voting rights by post, there
being no restriction on postal voting. The company
provides postal voting forms and informs of the nec-
essary procedures to exercise this right. The form is
available on the company’s website at
.
pt. Under article 22.4 of the Bylaws, postal votes may
be received up to three days before the date of the
General Meeting.
13. Maximum percentage of voting rights that
may be exercised by a single shareholder or
shareholders which have with the Company any
relations of n.º 1 of Art. 20.º.
There is no indication of the maximum percentage of
voting rights that may be exercised by any one share-
holder or by shareholders who are in any of the situa-
tions described in said rule.
14. Resolutions which only may be taken by
qualified majority.
Shareholder resolutions are not subjust, under the
Bylaws, to qualified majorities, unless such a require-
ment is imposed by law. Thus, unless the law pro-
vides otherwise, resolutions of the General Meeting
shall be adopted by simply majority (art. 21.2 of the
Bylaws);
