10
PROFILE
Governance and Operational Structure
Ibersol – SGPS, SA, is an open corporation with share
capital of 20,000,000 €, based at Edifício Península,
Praça do Bom Sucesso, no. 105-159 – 9th floor, 4150-
146 Porto, Portugal. It is registered in the Porto Com-
mercial Registry with the single registration and tax
identification number 501669477.
The following governing bodies participate in the com-
pany’s governance:
• General Shareholders’ Assembly
• Board of Directors, comprising three directors, two of
which hold executive powers (Executive Committee);
• Audit Committee
• Chartered Accounting Firm.
The General Assembly deliberates about the plan and
policies to follow during the financial year.
The strategy and objectives of company activity are
determined by the Executive Committee, coordinating
with the central departments and each business as well
as the shared services, depending on the evaluation of
results, on a regular quarterly basis. Major decisions are
likewise examined monthly by the Executive Committee
together with each of its departments.
Ibersol’s management is result-oriented per monitor-
ing indicators and objectives, and based on action pro-
grams and plans aiming for constant improvement in
order to increase the efficiency and effectiveness of key
processes and operations, with a view to keeping costs
down, minimizing waste and increasing productivity,
profitability and satisfaction.
