Functions The following non-delegable competencies are assigned to the Board of Directors: a) The Company’s general policies and strategies: �� the strategic or business plan, as well as management objectives and annual budgets; �� the investment and financing policy; �� the definition of the structure of the Company and its group; �� the Company and its group’s Corporate Governance policy; �� the corporate social responsibility policy; �� the remuneration policy and senior management’s performance assessment.