Corporate Governance Report
b) Functioning
22. Location where the regulations governing the functioning of the
Board of Directors can be found
The Regulations of the Board of Directors may be consulted on the Company’s website:
.
23. Number of meetings held and attendance level of each member,
as applicable, of the Board, the General ans Supervisory Board and
Executive Board of Directors
The by-laws of the Company stipulate that the Board of Directors shall meet at least quarterly
and whenever convened by the Chairman or two of its members. Meetings of the Board of
Directors are arranged and prepared in advance and the necessary documentation of the
points on the agenda is made available in good time.
24. Competent Bodies of the Company to appraise the performance
of executive directors
The Remuneration Committee is the body responsible, in representation of the shareholders,
for assessing the performance and approving the remuneration of the members of the Board
of Directors and other bodies in accordance with the remuneration policy approved by the
shareholders in General Meeting.
25. Predetermined criteria for evaluating the performance of executive
directors
The remuneration of the executive members of the Board of Directors does not include any
variable component. The executive directors are remunerated by ATPS, SGPS, SA. having this
one entered into a contract for services with the Ibersol Restauração SA. There are no pre-de-
termined criteria for the stated purpose.
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