IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 OPERATIONAL RESULTS 2023 The robust growth in activity made it possible to mitigate the impact on the cost structure of two key factors: • the slowdown in consumption, caused by food price inflation and increased consumer price sensitivity; • initial period of the new concession contracts for airports in Spain in provisional formats, with a significant impact on operational results; These impacts forced a more dynamic approach to customer offer man- agement and a permanent adjustment to the constraints and limitations imposed on operations in the new concession spaces, until their conver- sion was finalised. Despite the 3.8 per cent growth in operating income from continuing operations to 23.0 million euros, compared to 22.1 million euros in 2022, the operating margin fell to 5.5 per cent of turnover, caused by the new concession contracts at Madrid, Tenerife and Malaga airports, with a negative operating income of 3.0 million euros. 2023 Continued Operations 2022 Continued Operations var. 23 vs 22 Turnover 418,2 355,6 17,6% Cost of Sales 100,2 24,0% 87,8 24,7% 14,2% gross margin % 76,0% 75,3% 0,7 p.p. External supplies and services 121,9 29,1% 107,0 30,1% 13,9% Personnel costs 127,3 30,5% 105,5 29,7% 20,8% Amortisation, depreciation and impairment losses of TFA, Rights of Use, Goodwill and IA 50,7 12,1% 39,1 11,0% 29,9% Other income/operating costs -4,9 -1,2% -5,8 -1,6% -15,6% Operating Income 23,0 5,5% 22,1 6,2% 3,8% margin 5,5% 6,2% -0,7 p.p. EBIDTA 73,7 17,6% 61,2 17,2% 20,4% margin 17,6% 17,2% +0,4 p.p. (million euros) 151