IBERSOL • 2023 Integrated Management Report

The brand closed 2023 with a total of 26 restaurants, 12 owned and 14 franchised. The brand also has its own restaurant in Spain, in the Travel segment. Ribs – True American Barbecue is the Ibersol Group’s own brand, born in Madrid in 1991. The Ribs units are family restaurants in the purest American style, designed as authentic American barbecues and decorated with pieces alluding to American culture, which makes each place unique. Their charcoal grills, which never switch off, cook more than 260 tonnes of ribs every year for the millions of customers who visit our restaurants in Spain every year. In line with a strong focus on continuous innovation, Ribs restaurants are focusing on sharing and have introduced new starters to share: the Pulled Chicken Tacos, the Fried Mac&Cheese Balls and the True BBQ Wings. Also in salads, the innovative Sweet Mexican Salad and Crispy Chicken & Feta Salad have been launched, and the vegan&veggies range is being expanded. SPAIN FINANCIAL YEAR ACTIVITY 102