corporate governance
More than the sum of its parts

EDP's corporate structure comprises four Governing Bodies:

General Shareholders Meeting (GSM)

Represented by shareholders, has the responsibility to approve accountability documents, distribution of dividends and the election/dismissal of the other Governing Bodies.

General and Supervisory Board (GSB)
Responsible for the supervision, monitoring and advising the management activity.

Executive Board of Directors (EBD)
It represents the company and is in charge of the management of social activities.

Statutory Auditor (ROC)
Responsible for certification of accountability documents.

According to the rules of the EDP Articles of Association there are Statutory Bodies, Corporate Bodies and Functional Structures as shown in the organizational chart below: