IBERSOL | Integrated Management Report 2022

INTEGRATED MANAGEMENT REPORT 2022 OPERATIONAL RESULTS 2022 In a year influenced by the war in Ukraine, which led to a generalised increase in prices that conditioned the purchasing power of families, pressure on margin management required a swifter and more efficient management of the offer to the client, so as to mitigate reductions in consumption. Said management allowed for a significant growth in sales which, in par- allel with the recovery from the impacts of the pandemic, allowed for the achievement of positive operating results for continued operations in 2022 of 22.1 million euros, compared to the negative results of corrected continued operations in 2021 of 4.4 million euros. 2022 Continued Operations 2021 Continued Operations Impact Ley 13 2021 2021 Continued Operations corrected AENA var. 22 vs 21 corrected Turnover 355,6 204,0 204,0 74,3% Cost of Sales 87,8 24,7% 42,9 42,9 21,0% 104,8% gross margin % 75,3% 79,0% 79,0% -3,7 p.p. External supplies and services 107,0 30,1% 52,0 11,6 63,5 31,1% 68,4% Personnel costs 105,5 29,7% 70,6 70,6 34,6% 49,3% Amortisation, depreciation and impairment losses of TFA, Rights of Use, Goodwill and IA 39,1 11,0% 64,2 -25,3 38,9 19,1% 0,3% Other income/operating costs -5,8 -1,6% -67,3 59,8 -7,5 -3,7% -22,8% Operating Income 22,1 6,2% 41,7 -46,1 -4,4 -2,2% -599,1% margin 6,2% 20,4% -2,2% +8,4 p.p. Ebidta 61,2 17,2% 105,9 -71,4 34,5 16,9% 77,3% margin 17,2% 51,9% 16,9% +0,3 p.p. Financial results 7,6 2,1% 12,7 6,4 3,2% 17,4% Financial expenses and losses 9,3 2,6% 13,4 -6,3 7,1 3,5% 30,5% Financial income and gains 1,6 0,5% 0,7 0,7 0,3% 143,2% Gains (losses) in associated and joint controlled sub. - Equity method 0,1 0,0% -0,1 -0,1 0,0% -269,5% Profit before tax 14,6 4,1% 28,9 -39,9 -10,9 -5,4% 233,1% Income tax 2,1 0,6% -3,7 -10,0 6,2 3,1% -65,7% Net profit 16,7 4,7 25,2% 29,9 -4,7 -2,3% 455,9% (million euros) 149