IBERSOL | Annual Report 2020

ANNUAL REPORT 2020 3. Own shares At 31 st December 2020 Ibersol SGPS SA. held 3.599.981 of its own shares, corresponding to near 10% of the share capital, with a nominal value of one euro per share, at an overall acquisition cost of 11,180,516.02 Euros (which would correspond to a percentage of about 10% of vote) – having not ac- quired or sold any own shares during 2020. 4. Impact of change in shareholder control of the company in significant agreements There are no significant agreements concluded by the Company or by its subsidiaries that contain clauses aimed at establishing measures to protect against a change of control (including after a tender offer). There are no specific conditions that limit the exercise of voting rights by the sharehold- ers of the Company or other matters liable to interfere in the success of a tender offer. There are no signed contracts with change of control clauses, either financing agreements or other, especially in a debt issuance context. 5. Defensive measures in case of change in shareholding control No defensive measures, nor any regime for the renewal or revocation of such measures, have been adopted in the Company. 6. Shareholders agreements The Company is not aware of any shareholders’ agreement that could lead to restrictions on the transfer of marketable securities or to the concerted exercise of voting rights. 219