IBERSOL • 2023 Integrated Management Report

CONSOLIDATED FINANCIAL PERFORMANCE EBITDA EBITDA from continuing operations in the period totalled 73.7 million euros, an increase of 12.5 million euros compared to 2022, of which 11.1 million euros are associated with the contracts with AENA (9.3 million euros from the new contracts and 1.8 million euros relating to the Menorca contract whose application of IFRS16 was suspended until passenger traffic recovered in 2019). The total EBITDA margin was 17.6% of turnover, compared to 17.2% in 2022. For comparative purposes, eliminating the impact of IFRS16 on EBIT- DA from continuing operations, the EBITDA margin without IFRS16 would be 9.6% in 2023, which represents a reduction of 1.7p.p com- pared to 2022, reflecting the impact of the start of operations in the new concessions, mostly operating in provisional formats until the conversion to definitive formats and concepts is completed. 2023 s/IFRS16 Continued Operations 2022 s/IFRS16 Continued Operations var. s/ IFRS16 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 155,4 37,2% 128,1 36,0% 21,4% 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 20,5 4,9% 14,6 4,1% 40,6% Other income/operating costs -4,9 -1,2% -5,8 -1,6% -15,6% Operating Income 19,6 4,7% 25,5 7,2% -23,2% margin 4,7% 7,2% -2,5 p.p. EBIDTA 40,1 9,6% 40,1 11,3% 0,0% margin 9,6% 11,3% -1,7 p.p. (million euros) 154