IBERSOL Annual Report and Consolidated Accounts 2017

ANNUAL REPORT 2017 33. COMMITMENTS The December 31, 2017 there are no significant commitments for contracted investments not included in these financial statements. 34. TRANSACTIONS WITH RELATED PARTIES The related parties of Ibersol group are: - Shareholders: Dr. António Carlos Vaz Pinto de Sousa 2.100 shares (*) Dr. António Alberto Guerra Leal Teixeira 2.100 shares (*) ATPS - SGPS, SA 16.472.549 shares (*) ATPS voting rights are also attributable to Antonio Carlos Vaz Pinto de Sousa and António Alberto Guerra Leal Teixeira under subparagraph b) of paragraph 1 of article 20 and paragraph 1 Article 21, both of the Portuguese Market Code, by holding the domain of ATPS, in which they participate indirectly in equal parts by their companies, respectively, CALUM - SERVIÇOS E GESTÃO, S.A. with the NIPC 513799486 and DUNBAR - SERVIÇOS E GESTÃO, S.A with the NIPC 513799257, which together hold the majority of the capital of ATPS. - Joint controlled entities – UQ Consult With respect to the balances and transactions with related entities, the overall value of the balances and transactions of the Group with the joint controlled UQ Consult relates mainly to support services and management information systems, and was, respectively, 601.967 and 2.681.243 euros. - Administrators: The company shareholder ATPS-S.G.P.S., S.A., which signed a service-rendering contract with the subsidiary Ibersol Restauração, SA, in the amount of 900.000 euros (800.000 euros in 2016), provided services of administration and management to the group. ATPS-S.G.P.S., S.A. under contract with Ibersol Restauração, S.A. has the obligation to ensure that its adminis- trators, António Carlos Vaz Pinto de Sousa and António Alberto Guerra Leal Teixeira, manage the group without incur in any additional charge. The company does not pay directly to its administrators any remuneration. 275