The PARPÚBLICA, SGPS, SA is a limited company with exclusively public capital whose statutes were approved by Decree-Law No. 209/2000, of 2 September and changed to the current wording by resolution of May 10, 2012.

The company's share capital is € 2,000,000,000.00, represented by 400 million shares, with a nominal value of € 5.00 each.

The object of the company is:

• The management of public shareholdings that integrate its heritage;
• The management, through subsidiary companies with a specialized object, of the public real estate heritage that affects them;
• The provision of technical support for the exercise, by the Minister of Finance, of the State's financial supervision over public companies and private companies that provide services of general economic interest, as well as the management of financial assets of the State;
• The provision of services in the field of liquidation of companies dissolved by the State or other public entities;
• Provision of technical administration and management services to subsidiaries.

The management of the company is the responsibility of a Board of Directors, composed of five to seven members, elected by the General Meeting for a period of three renewable years, which will appoint the President and the other members with executive functions, as well as the members who are part of the Audit Committee. This is composed of, at least, three members of the Board of Directors, with the task of supervising Management and the Company, concurrently with the inspection performed by the Statutory Auditor.

Statutes of Parpública