The corporate governance report is prepared for the purpose of communicating the major features of the structure and practice of governance at Galp Energia.
Galp Energia's corporate governance report is prepared for the purpose of communicating the major features of governance practice, particularly the role of its governing bodies and the Company's relationship with equity markets.
Equally important is the information regarding Galp Energia's compliance with the recommendations of CMVM, the Portuguese securities market regulator. To this end, CMVM's recommendations are identified in the beginning of the corporate governance report and their adoption or non-adoption, in case the recommendations are applicable to Galp Energia's structure, are signalled as well as any brief comments deemed relevant are added.
The annual corporate governance reports are prepared according to the recommendations and the disclosure obligations contained in CMVM's regulations. These can be reviewed in the section Applicable legislation.
Last update: 05 Apr 2012