The governance model adopted at the General Meeting of Shareholders on 30 March, which reconciles essential flexibility of management with permanent monitoring of the way in which the company and subsidiaries are managed by the General Board and Supervisory Board, in terms of strategy and the most important operations, is proving to be a valuable instrument in assisting, guiding and supervising the Executive Board, with the expected effects on the performance and improvement of the company.
 

This model strengthens the practice that EDP has always followed of managing its activities in accordance with principles of transparency, respect for the law, the environment and the culture and values of the societies to which it belongs and regard for the highest standards of ethics.