Annual

Report

20W E

E M P O W E R 20O U R R O O T S

Y E A R

H I S T O R Y

Annual

Report

20W E

E M P O W E R 20O U R R O O T S

Y E A R

H I S T O R Y

Inapa Annual Report 2020

01Inapa Group

10

Group Holding Structure

26

Strategic Guidelines

12

Message from the CEO

28

Statutory Bodies

14

Inapa in the World

30

Corporate Governance

16

Group's Profile

34

Main Shareholders

22

Inapa's History

36

Risk Factors

24

Markets

40

Ethics

42

Human Resources

Group's Activity Overview

48

Main Activity Indicators

66

Outlook for 2021

50

Main Events 2020

68

Share Performance

52

Economic Context

70

Own Shares

56

Consolidated Performance

70

Application of Results

58

Business Areas Performance0272 Declaration of Compliance

65 Inapa - IPG Activity

Financial Information

76

Consolidated Accounts

168

Individual Accounts

84

Notes to the Consolidated Financial

176

Notes to Individual Financial Statements

Statements

218

Statutory Audit Report and Auditors' Report

160

Statutory Audit Report

on the Individual Financial Statements

and Auditors' Report

03226 Report and Opinion of the Audit Committee

on the Consolidated Financial

Statements

04Corporate Governance Report

Part I

232 A. Ownership Structure

236 B. Corporate Bodies and Committees

260 C. Internal Organization

268 D. Remuneration

282 E. Transactions with Related Parties

Part II

285 Corporate Governance Assessment

302 Report Template for Disclosure of Non‑Financial Information

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Inapa - Investimentos, Participações e Gestão SA published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 20:41:06 UTC.