IBERSOL | Integrated Management Report 2022

ANNEXES TO THE MANAGEMENT REPORT Calculation of Key Performance Indicators Under Annex I of Delegated Regulation (EU) 2021/4987, the total benchmark CAPEX covers additions to tangible and intangible assets before depreciation, amortisation, and any re-measurements, includ- ing those resulting from revaluations and impairments, and excluding changes in fair value. Increases in tangible and intangible assets result- ing from business combinations are also covered. The total reference CAPEX (denominator) of the Ibersol Group in 2022 was evaluated at 86.757.157,00 euros. (millions of euros) 2022 Increases in tangible assets (Note 6.3) 40 436 811 Increases in intangible assets (Note 6.2) 3 682 926 RoU Increases (Note 6.4) 42 637 420 Total reference Capex 86 757 157 The CAPEX component considered eligible under EU Green Taxon- omy was assessed at €26.168.898,31 and relates to activities falling under section 6, 7 and 9 of Delegated Regulation (EU) 2021/2139 on construction and real estate activities, as detailed above. Taxonomy-aligned CAPEX (numerator) was assessed at €319.999,08 euros taking into account the criteria set out in Delegated Regulation (EU) 2021/2139. Therefore, in 2022 the Proportion of CAPEX aligned by Taxonomy was 0.369%. According to Annex I to Delegated Regulation (EU) 2021/4987, the Total OPEX benchmark should cover the direct unfunded costs re- lated to research and development, building refurbishment measures, 244