Board Members

Promoting Diversity within Governing Bodies

Corticeira Amorimis the holding company of an economic group with its headquarters in Portugal. The group is solidly implanted internationally through subsidiary, part-owned and joint-venture companies. The group is continuously developing a wide range of products and solutions to meet the demands of different markets and consumers.

In response to the challenges the group faces, Corticeira Amorim advocates a diversity policy for the composition of its governance bodies, especially in regard to the Board of Directors and the Audit Committee, in order to:

Promote diversity in the composition of the respective body;
Enhance the performance of each body and each individual member of those bodies;
Encourage wide-ranging, balanced and innovative analyses with a view to facilitating well-founded and agile decision-making and control processes; and
Contribute to increased innovation and to the self-renewal of the Company, together with its sustained development and the creation of long-term value for its shareholders and other stakeholders.

Corticeira Amorim recognises the permanent necessity for promoting diversity within its governing bodies, especially within the Board of Directors and the Audit Committee, in regard to the following specific factors:

Academic qualifications and professional experience appropriate to the specific corporate role concerned, and which bring together, across the whole of each governing body, the necessary skills for that body to fulfil its role effectively;
The inclusion of members from different age ranges, combining the knowledge and experience of older members with the innovation and creativity of younger members to enable the respective body to combine an innovative approach to business with the prudent management of risk; and
Promoting gender diversity to provide a satisfactory balance of sensibilities and decision-making styles within each governing body.

The independent members of Corticeira Amorim's corporate boards and commissions shall meet the criteria set out in (i) recommendation III.4 of the Corporate Governance Code of the Portuguese Institute of Corporate Governance (2018 edition, revised in 2020) and ( ii) no. 5 of article 414 and no. 1 of article 414-A, both from the Portuguese Companies Code.

Audit Committee

In 2022 there were nine meetings of the Audit Committee.
The overall attendance was 97.2%, and the individual attendance was 100%, except in the case of the member António Lopes Seabra, who was represented at one meeting, so his individual attendance was 89%.

Appointments, Evaluation and Remuneration Committee

In 2022 there were four meeting of the Appointments, Evaluation and Remuneration Committee (100% global and individual attendance).

Environmental, Social and Governance Committee

In 2022 there were four meetings of the ESG Committee.
The overall attendance was 94%, while individual attendance was 100% for all members, except Ana Negrais de Matos who was unable to attend the December meeting and whose individual attendance was 75%.

Business Units

Cork Applications

Environmental

Social

Governance

R&D and Inovation

Corticeira Amorim Share

Corporate Governance

Financial Information

Corporate Governance

Promoting Diversity within Governing Bodies

Composition of Board Members

General Meeting’s Board

Board of Directors

Executive Committee

Audit Committee

Appointments, Evaluation and Remuneration Committee

Company Secretary

Statutory Auditor

Risk Committee

Environmental, Social and Governance Committee

Other significant information