Annual Report and Consolidated Accounts 2015
II.2.4
The Audit Committee shall evaluate the
functioning of the internal control systems and
risk management and propose adjustments as
may be deemed necessary.
Adopted
Part I
Numbers 38, 49,
50, 54 and 55 of
this Corporate
Governance
Report.
II.2.5
The Audit Committee, the General and the
Supervisory Board and the Audit Committee
decide on the work plans and resources
concerning the internal audit services and
services that ensure compliance with the
rules applicable to the company (compliance
services), and should be recipients of reports
made by these services at least when it
concerns matters related to accountability,
identification or resolution of conflicts of
interests and detection of potential illegalities.
Adopted
Part I
Numbers 38, 49,
50, 54 and 55. of
this Corporate
Governance
Report.
II.3 REMUNERATION SETTINGS
II.3.1
All members of Remuneration Committee
or equivalent should be independent from the
executive board members and include at least
one member with knowledge and experience in
matters of remuneration policy.
Adopted
Part I
Numbers 67.
and 68. of this
Corporate
Governance
Report.
II.3.2
Any natural or legal person that provides
or as provided services in the past three years,
to any structure under the board of directors,
the board of directors of the company itself or
who as a current relationship with the company
or consultant of the company, shall not be
hired to assist the Remuneration Committee
in the performance of their duties. This
recommendation also applies to any natural
or legal person that is related by employment
contract or provision of services with the above.
Adopted
Part I
Number 67. of
this 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
this Corporate
Governance
Report.
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