Statutory Auditor

The Statutory Auditor carries out the legal review and certification of Galp´s accounts.

Composition

Permanent member - Ernst & Young Audit & Associados, SROC, S.A.,

Ernst & Young Audit & Associados, SROC, S.A., represented by Rui Abel Serra Martins.

He is an Administrator at Ernst & Young, Audit & Associados – SROC, S.A. (EY). Responsible for EY in Portugal and for carrying out audits to big national and international groups like Siemens, Jerónimo Martins, Águas de Portugal amongst others. Throughout 25 years he has exercised his profession at EY having performed contratual audits to petroleum operation in oil companies in Angola to Chevron, Exxon, Statoil and Sonangol amongst others.

Alternate member - Manuel Ladeiro de Carvalho Coelho da Mota

 

Powers and Operations

The current Statutory Auditor was elected at the General Meeting of 12 April 2019 for the four-year term (2019-2022), ending 31 December 2022.

The Audit Board proposes the Statutory Auditor, which cannot be a part of the Audit Board, to the General Shareholders Meeting, pursuant to the By-laws.

The Statutory Auditor´s duties and responsibilities include carrying out all the checks and examinations necessary for the review and legal certification of the Company’s accounts, as well as exercise other powers assigned by law.

Remuneration

The Statutory Auditor is remunerated for the work of review and legal certification of the accounts of the Company in an amount that is contractually set under normal market conditions.

Read more about Galp´s Governing Bodies

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