The articles of association also set role incompatibilities between the positions of member of the Board of Directors or member of the Supervisory Board and the position of member of the Remuneration Committee.
Alike members of the Board of Directors and members of Supervisory Board, the members of the Remuneration Committee stay in ofﬁce until the general shareholders meeting elects their successors.
Members of the Remuneration Committee or their spouses, direct-line relatives or relatives until the third degree are not part of the management body.
Composition for the 2011-2014 term
Chairman – Caixa Geral de Depósitos represented by Vitor Lilaia;
Member – Amorim Energia, B. V. represented by Francisco Rego;
Member – Jorge Armindo Carvalho Teixeira.