IBERSOL | Integrated Management Report 2022

ANNEXES TO THE MANAGEMENT REPORT vehicles is not the sale or provision of transport services to third par- ties, but their own use or operation. In this framework, the activity “ 6.5. Transport in motorbikes, passen- ger cars and light commercial vehicles ” of Delegated Regulation (EU) 2021/2139 was considered eligible and aligned, in the components of Green CAPEX (procurement) and Green OPEX (operational leasing). Construction and real estate activities Every year the Ibersol Group makes various types of investments in real estate aimed at housing its restaurant activities, and there are three specific situations that, a priori, it is interesting to consider under the green Taxonomy, namely: (i) the construction of new restaurants, (ii) the signing of lease contracts in new developments in which the Ibersol Group ensures all the final specialisation works, finishing, deco- ration and installation of equipment for the launch of new restaurants, and (iii) the refurbishing or upgrading of existing restaurants. These activities fall mostly under Section 7 of Delegated Regulation (EU) 2021/2139 on “Construction and real estate activities” for both Objective “1. Climate change mitigation” and Objective “2. Adaptation to climate change”, except that the immediate purpose of the con- struction of the buildings concerned is not to sell or rent them out, but to use or exploit them. Analysing in detail the aforementioned construction and real estate activities, the following sub-activities were identified as eligible for Green CAPEX and/or Green OPEX screening: • 7.1 Construction of new buildings During 2022, the Ibersol Group built 10 new restaurants; these prop- erties meet the energy requirements of Taxonomy in the “substan- tial contribution” aspect, having obtained energy certificate A or B. However, compliance with the “no significant harm” criteria regard- ing the use of water resources is not fully guaranteed. Therefore, this specific activity was mostly considered “not aligned” in terms of Green CAPEX. However, in the same scope, it was possible to track 240