Annual Report - EDP

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: corporate governance :II.19. Positions held in other companies bymembers of the Executive Board of DirectorsAntónioMexiaAntónioMartinsda CostaAntónioPita deAbreuJoãoMansoNetoNunoAlmeidaAlvesMiguelStilwellAndradeJoãoMarquesda CruzBalwerk - Consultadoria Económica e Participações,S.U, Lda.- - - - M - -EDP - Estudos e Consultoria, S.A. - - D - CBD - -EDP - Gestão da Produção de Energia, S.A. - - CBD - - - -EDP - Soluções Comerciais, S.A. - CBD - - - - -EDP Ásia - Investimentos e Consultoria Lda. - - - - - - CBDEDP - Ásia Soluções Energéticas Lda. - - - - - - CBDEDP Comercial - Comercialização de Energia, S.A. - - - - - CBD -EDP Energia Ibérica S.A. - - - D - - -EDP Energias do Brasil, S.A. CBD - - - D - -EDP Finance BV R R R R R R REDP Gás, SGPS, S.A. - CBD - _ - D -EDP Gás.Com - Comércio de Gás Natural, S.A. - - - CBD - D -EDP Imobiliária e Participações, S.A. - - - - CBD - -EDP Internacional, S.A. - - - - - - -EDP Projectos, SGPS, S.A. - - - - - - -EDP Renewables Europe SL - - - CBD - - -EDP Renováveis Brasil, S.A. - - - CBD - - -EDP Renováveis, S.A. CBD - - VP/CD D - DEDP Serviços - Sistemas para a Qualidadee Eficiência Energética, S.A.- - - - - CBD -EDP Serviner - Serviços de Energia, S.A. - - CBD - - D -EDP Valor - Gestão Integrada de Serviços, S.A. - - - - - - CBDEléctrica de La Ribera de Ebro, S.L. - - - CBD - - -Empresa Hidroeléctrica do Guadiana, S.A. - - CBD - - - -Energia RE, S.A. - - - - CBD - -Hidrocantábrico Energía, S.A.U. - - - CBD - VP -Hidroeléctrica del Cantábrico, S.A. - D - VPBD D CD -Home Energy II S.A. - - - - - CBD -Labelec - Estudos, Desenvolvimento e ActividadesLaboratoriais, S.A.- CBD - - - - -Naturgás Energía Grupo, S.A. - D - D - VP -Sãvida - Medicina Apoiada, S.A. - - - - CBD - -SCS - Serviços Complementares de Saúde, S.A. - - - - CBD - -ENEOP - Eólicas de Portugal, S.A. - - - CBD - - -Companhia de Electricidade de Macau - CEM, S.A. - - - - - - CBDBanco Comercial Portugês, S.A. D - - - - - -Operador del Mercado Ibérico de Energía,Polo Español, S.A. (OMEL)- - - R - - -OMIP – Operador do Mercado Ibérico (Portugal),SGPS, S.A.- - - R - - -CBD - Chairman of the Board of Directors; DC - Director-Chairman of the Board (Executive Board); D - Director; M - Manager; R – Representative;CEBD - Chairman of the Executive Board of Directors; SD - Sole Director; VPBD - Vice-President of the Board of Directors; VP/CD – Vice-President and Counselor-DelegatePositions held in other companies by the members of the Executive Board of Directors in office until20 February 2012:Ana Maria FernandesJorge Cruz MoraisBalwerk - Consultadoria Económica e Participações, S.U, Lda. - MCompanhia Energética do Jari - CEJA CBD -EDP Comercial - Comercialização de Energia, S.A. - CBDEDP Energia Ibérica S.A. - CBDEDP Energias do Brasil, S.A. D -EDP Finance BV R REDP Gás, SGPS, S.A. - DEDP Gás.Com - Comércio de Gás Natural, S.A. - CBDEDP Projectos, SGPS, S.A. - CBDEDP Renewables Europe SL CBD -EDP Renováveis Brasil, S.A. VPBD -EDP Renováveis, S.A. VPBD -EDP Serviner - Serviços de Energia, S.A. - CBDHidroeléctrica del Cantábrico, S.A. D DNaturgás Energía Grupo, S.A. - DENEOP - Eólicas de Portugal, S.A. CBD -CBD - Chairman of the Board of Directors; R – Representative; M - Manager; D - Director; VPBD - Vice-President of the Board of DirectorsEDP - Annual Report 2012125
: corporate governance :Shares held by the members of the Executive Boardof DirectorsThe table below shows the shares held by the members of the corporate bodies and any changes from2011 to 2012, pursuant to Article 447 (5) of the Company Code.The shares held by the members of the Executive Board of Directors, until 20 February 2012, that havenot been re-elected for the term 2012-14 were as follows:EDP - Energias de Portugal, S.A.EDP Renováveis, S.A. EDP - Energias do Brasil, S.A.NºShares19-02-2012NºShares31-12-2011NºBonds19-02-2012NºBonds31-12-2011NºShares19-02-2012NºShares31-12-2011NºShares19-02-2012NºShares31-12-2011Executive Board of DirectorsAna Maria Machado Fernandes 0 0 0 0 1,510 1,510 1 1Jorge Manuel Pragana da Cruz Morais (1) 100,000 100,000 0 0 1,990 1,990 1 11) The shares of EDP Renováveis includes 380 shares held by his wife, Ana Maria Ferreira de Oliveira Barreto;The shares held by the current members of the Executive Board of Directors elected for the termof office corresponding to the period from 2012 to 2014 were as follows:EDP - Energias de Portugal, S.A.EDP Renováveis, S.A. EDP - Energias do Brasil, S.A.N.ºShares31-12-2012N.ºShares31-12-2011N.ºBonds31-12-2012N.ºBonds31-12-2011N.ºShares31-12-2012N.ºShares31-12-2011N.ºShares31-12-2012N.ºShares31-12-2011Executive Board of DirectorsAntónio Luís Guerra Nunes Mexia 41,000 41,000 0 0 4,200 4,200 1 1Nuno Maria Pestana de Almeida Alves 125,000 100,000 25 25 5,000 5,000 1 1João Manuel Manso Neto 1,268 1,268 0 0 0 0 0 0António Manuel Barreto Pita de Abreu (1) 34,549 34,549 0 0 1,810 1,810 41 41António Fernando Melo Martins da Costa (2) 13,299 13,299 50 50 1,480 1,480 0 0João Manuel Veríssimo Marques da Cruz (3) 3,878 3,878 0 0 0 0 0 0Miguel Stilwell de Andrade (3) 111,576 61,198 0 0 2,510 2,510 0 01) The shares of EDP - Energias de Portugal includes 475 shares held by his wife, Gilda Maria Pitta de Abreu;2) The shares of EDP Renováveis includes 150 held by his wife, Anna Malgorzata Starzenska Martins da Costa;3) ) The shares indicated in the column on the 31-12-2011 are the shares held to date of election - February 20, 2012The following EDP share trading operations were performed in 2012:Corporate Body Company Security Date Quantity OperationAvg. PurchasePrice (euros)Executive Board of DirectorsNuno Maria Pestana de Almeida AlvesMiguel Stilwell de Andrade (1)Miguel Stilwell de AndradeEDP - Energiasde PortugalEDP - Energiasde PortugalEDP - Energiasde PortugalShares 25/05/12 25,000 Acquisition 1,750Shares 10/05/12 10,378 Acquisition 2,179Shares 28/05/12 40,000 Acquisition 1,7701) This shares were delivered to EDP Group employees as payment in kind of a part of the annual bonus granted in accordance with both the company’s and the individualperformances during the year 2011, which potential attribution is decided on an annual basis by the Executive Board of Directors, in accordance with standards previously set out.SECTION III – GENERALAND SUPERVISORY BOARDThe information requested in Chapters II.21, II.22,II.23, II.24 and II.34 of CMVM Regulation 1/2010does not apply, as the company abides by a dualgovernance model.II.12. Meetings ofthe General andSupervisory BoardOrdinary meetings of the General andSupervisory Board are held at least once everyquarter and extraordinary meetings take placewhenever convened by the Chairman, either onhis own initiative or at the request of any memberof the Executive Board of Directors or of itsChairman pursuant to Article 24 (1) of the Articlesof Association and Article 19 (1) of the InternalRegulations of the General and SupervisoryBoard. In 2012, the General and SupervisoryBoard met nine times. Minutes of all meetingswere kept.126II.25. General andSupervisory Boardand EvaluationCommitteeThe General and Supervisory Board in office until20 February 2012 had seventeen members,the majority of whom were independent.The General and Supervisory Board currentlyhas twenty three members, the majority of whomare independent. They meet the qualificationand competence requirements set out in theArticles of Association and laws applicable toEDP. The current composition of the General andSupervisory Board is set out in Chapter II.1.The purpose of the Corporate Governanceand Sustainability Committee is to oversee theevaluation of the directors’ individual and overallperformance, reflect on EDP’s governance systemand identify potential candidates with the rightprofile to be directors. There were no constraintsplaced on the work done by the committee.The current composition and competences ofthe Corporate Governance and SustainabilityCommittee are set out in Chapter II.2.A World Full Of Energy
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Annual Report - EDP

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