Chapter V · Shareholders’ resolutions

Article 374-A Independence of the members of the board of the general meeting

Artigo 374.º-A · Independência dos membros da mesa da assembleia geral

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. The independence requirements of Article 414(5) and the regime of incompatibilities provided for in Article 414-A(1) apply, with the necessary adaptations, to the members of the board of the general meeting of companies issuing securities admitted to trading on a regulated market and of companies that meet the criteria referred to in Article 413(2)(a).

1 - Aos membros da mesa da assembleia geral das sociedades emitentes de valores mobiliários admitidos à negociação em mercado regulamentado e das sociedades que cumpram os critérios referidos na alínea a) do n.º 2 do artigo 413.º aplicam-se, com as necessárias adaptações, os requisitos de independência do n.º 5 do artigo 414.º e o regime de incompatibilidades previsto no n.º 1 do artigo 414.º-A.

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2. The general meeting may remove from office the members of the board of the general meeting of the companies referred to in paragraph 1, provided that there is just cause.

2 - A assembleia geral pode destituir, desde que ocorra justa causa, os membros da mesa da assembleia geral das sociedades referidas no n.º 1.

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3. Article 422-A applies with the necessary adaptations.

3 - É aplicável o disposto no artigo 422.º-A, com as necessárias adaptações.

What we checked in this article

The two categories of company covered (issuers on a regulated market and companies meeting the criteria of Article 413(2)(a)), the references to Articles 414(5), 414-A(1) and 422-A, and removal only for just cause are retained.

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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

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