IBERSOL | Annual Report 2021

ANNUAL REPORT 2021 IBERSOL S.G.P.S., S.A. STATEMENT OF ALTERATIONS TO THE CONSOLIDATED EQUITY FOR THE YEARS ENDED 31st DECEMBER, 2021 AND 2020 (values in euros) Assigned to shareholders Notes Share Capital Own Shares Share Premium Legal Reserves Translation Reserve Other Reserves & Retained Earnings Net Profit Total parent equity Non- controlling interests Total Equity Balance on 1st January 2020 36 000 000 -11 180 516 469 937 1 075 511 -10 355 553 180 376 862 17 549 228 213 935 469 293 007 214 228 476 Changes in the period: Application of the consolidated profit from 2019: Transfer to reserves and retained results 554 087 16 995 141 -17 549 228 - - Conversion reserves - Angola -2 465 556 -2 465 556 -2 465 556 Net consolidated income for the year ended on 31 December, 2020 -55 197 249 -55 197 249 -109 960 -55 307 209 Total changes in the period - - - 554 087 -2 465 556 16 995 141 -72 746 477 -57 662 805 -109 960 -57 772 765 Net profit -55 197 249 -55 197 249 -109 960 -55 307 209 Total comprehensive income -57 662 805 -109 960 -57 772 765 Transactions with capital owners in the period Application of the consolidated profit from 2019: Paid dividends 30 - -49 806 -49 806 - - - - - - - - -49 806 -49 806 Balance on December 31st 2020 36 000 000 -11 180 516 469 937 1 629 598 -12 821 109 197 372 003 -55 197 249 156 272 664 133 241 156 405 905 Balance on 1st January 2021 36 000 000 -11 180 516 469 937 1 629 598 -12 821 109 197 372 003 -55 197 249 156 272 664 133 241 156 405 905 Changes in the period: Application of the consolidated profit from 2020: Transfer to reserves and retained results 121 483 -55 318 732 55 197 249 - - Capital increase 16 10 000 000 29 430 852 39 430 852 39 430 852 Conversion reserves - Angola 1 489 677 1 489 677 1 489 677 Net consolidated income for the year ended on 31 December, 2021 31 379 907 31 379 907 -42 759 31 337 148 Total changes in the period 10 000 000 - 29 430 852 121 483 1 489 677 -55 318 732 86 577 156 72 300 436 -42 759 72 257 677 Net profit 31 379 907 31 379 907 -42 759 31 337 148 Total comprehensive income 32 869 584 -42 759 32 826 825 Transactions with capital owners in the period Application of the consolidated profit from 2020: Paid dividends 30 - - - - - - - - - - - Balance on December 31st 2021 46 000 000 -11 180 516 29 900 789 1 751 081 -11 331 432 142 053 271 31 379 907 228 573 100 90 482 228 663 582 The Board of Directors Porto, 29 th April 2022 331