ANNUAL REPORT 2016
26. Availability of each member of the Board of Directors indicating
the positions held simultaneously in other companies inside and
outside the Group, and other relevant activities by members of these
bodies during the financial year
The professional activity of the current members of the Board of Directors is described in
point 19 above.
c) Committees within the board of directors and delegates;
27. Identification of committees created within the board of directors
and where can be found the Regulations on the functioning
The Executive Committee is the only committee of the Board of Directors and the Regulations of
the Board of Directors may be consulted on the website
.
The board of directors and the executive committee that integrates the board ensure that the
company develops its activity in order to comply with the statutory purposes, not delegating
the competence for the definition of the strategy and company management policies, central-
izing the definition of the structure business of the Group, taking charge and in it’s exclusive
competence of all relevant strategic decisions, either by it’s value, it’s potential degree of risk
involved, either by it’s specific characterization.
28. Executive Committee
António Alberto Guerra Leal Teixeira;
António Carlos Vaz Pinto de Sousa;
29. Competence of each committee created and synthesis of activities
in exercise of those competence
Ibersol, SGPS, SA has a Board of Directors made up of three members: a Chairman, a
Vice-Chairman and a Director.
Two of the members perform executive functions and form an Executive Committee, which
was elected and has powers delegated to it by the Board of Directors under the terms of art.
8.4 of the Bylaws of the Company. The third director performs non-executive functions.
The executive committee coordinates the operations of the functional units and the compa-
ny’s various businesses, meeting with the senior managers of these units and businesses on
a regular basis. The decisions taken by the functional and business managers, which must
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