The board of REN SGPS, S.A. has 13 members, 3 of which comprise the audit committee.
At the general shareholders meeting on March 15, 2010, were elect the new members of the Board of Directors, which will serve until 2012.
Following the resignation, presented on March, 2011, by the company directors Luís Maria Atienza Serna, Filipe de Botton, Manuel Carlos Mello Champalimaud and José Zambrano de Oliveira, the following new company directors for the remaining of the 2010-2012 mandate were elected:
- EGF - Gestão e Consultoria Financeira, S.A.*, which has appointed Luís Guedes da Cruz Almeida;
- Gestmin, SGPS, S.A., which has appointed José Manuel Félix Morgado;
- Oliren, SGPS, S.A., which has appointed Gonçalo Xavier Araújo; and
- Red Eléctrica Corporación, S.A., which has appointed Luís Maria Atienza Serna.
On December 29, 2011, the director João Nuno Palma notified his withdrawal from the function of executive director from January 1, 2012.
Thus, REN's board of directors has the following members:
* Previously designated by Logoplaste - Gestão e Consultadoria Financeira, S.A.
** On January 01, 2012, the CFO João Nuno Palma withdrew from the company.