Chapter VI · Management, supervision and company secretary · Section IV · Executive board of directors

Article 429 Remuneration

Artigo 429.º · Remuneração

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

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Article 399 applies to the remuneration of directors, which shall be fixed by the general and supervisory board or by a remuneration committee of that board or, where the articles of association so provide, by the general meeting of shareholders or by a committee appointed by it.

À remuneração dos administradores aplica-se o disposto no artigo 399.º, competindo a sua fixação ao conselho geral e de supervisão ou a uma sua comissão de remuneração ou, no caso em que o contrato de sociedade assim o determine, à assembleia geral de accionistas ou a uma comissão por esta nomeada.

What we checked in this article

The application of Article 399 and the bodies competent to fix remuneration (general and supervisory board or its remuneration committee, or, where the articles so provide, the general meeting or a committee it appoints) 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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