Competing as a Strong and Independent Portuguese Bank
Corporate Governance
A unique governance model within the Portuguese financial sector...
Shareholder Structure1
(December 16th 2022; %)
Direcção-Geral do
Tesouro e Finanças
5.7%
FUNDO
DE RESOLUÇÃO
19.3%
General Meeting
Statutory Auditor(2)
Company Secretary(3)
General & Supervisory
Board
Executive Board of
Directors
Monitoring
Committee(4)
novobanco
75%
LONE STAR
through
Nani Holdings, SGPS, S.A.
Risk Committee(5)
Financial Affairs Committee (5)
Remuneration Committee(5)
Nomination Committee (5)
Compliance Committee (5)
Committees:
Risk
•
Financial & Credit
•
CALCO
•
Internal Control System
Compliance & Product
• Digital Transformation
Costs & Investments
• Impairment
(1) as a result of the agreements celebrated between the Resolution Fund and the Shareholder Lone Star in the context of the sale of 75% of the shares of novobanco, only the Resolution Fund
will see its participation diluted with the conversion of the conversion rights, pending the delivery of the shares of the Resolution Fund to Nani Holdings on November 10th 2022; (2) Elected by the
General Meeting upon a proposal of the General and Supervisory Board; (3) The General and Supervisory Board is consulted prior to any proposal of the Executive Board of Directors related to
the appointment of the Company Secretary and Alternate Secretary. (4) The Monitoring Committee is composed of three members. The Monitoring Committee is an advisory body for the purposes
of the Contingent Capital Agreement entered into between the Company and the Resolution Fund; (5) The Special Committees are composed of members of the General and Supervisory Board.
The General and Supervisory Board sets up, appoints the members and approves the internal rules of the Special Committees.
novobanco
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