ANNUAL REPORT 2016
IV.3
Companies shall support auditor rotation after two
or three terms whether four or three years, respectively.
Its continuance beyond this period must be based on a
specific opinion of the Audit Committee that explicitly
considers the conditions of auditor’s independence and
the benefits and costs of its replacement.
Adopted
Part I Numbers 44
and 45 of this Cor-
porate Governance
Report.
V. CONFLICTS OF INTEREST AND RELATED PARTY
TRANSACTIONS
V.1
The company’s business with holders of qualifying
holdings or entities with which they are in any type of
relationship pursuant to article 20 of the Portuguese
Securities Code, shall be conducted during normal
market conditions.
Adopted
Part I Numbers 10,
90, 91 of this Cor-
porate Governance
Report.
V.2
The supervisory or oversight board shall lay down
procedures and criteria that are required to define the
relevant level of significance of business with holders of
qualifying holdings - or entities with which they are in
any of the relationships described in article 20.1 of the
Portuguese Securities Code - thus significant relevant
business is dependent upon prior opinion of that body.
Adopted
Part I Numbers 89
to 92 of this Cor-
porate Governance
Report.
V.I INFORMATION
V.I.1
Companies shall provide, via their websites both
the Portuguese and English languages, access to
information on their progress as regards the economic,
financial and governance state of play.
Adopted
Part I Numbers 56
to 65 of this Cor-
porate Governance
Report.
VI.2
Companies shall ensure the existence of an investor
support and market liaison office, which responds to
requests from investors in a timely fashion and a record
of the submitted requests and their processing, shall be
kept.
Adopted
Part I Numbers 56
to 65 of this Cor-
porate Governance
Report.
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