IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2023 AND 2022 (amounts in euros) Atribuível a detentores do capital Note Share Capital Own Shares Share Premium Legal Reserves Translation Reserve Other Reserves & Retained Earnings Net Profit Total Non- controlling interests Total Equity Balance as at 1 January 2022 46 000 000 -11 180 516 29 900 789 1 751 081 -11 331 432 142 053 271 31 379 907 228 573 100 90 482 228 663 582 Changes for the period: Application of the 2021 consolidated result: Transfer to reserves and retained earnings 225 000 31 154 907 -31 379 907 Liquidation of subsidiaries -170 245 -170 245 Conversion reserves - Angola 1 242 981 1 242 981 1 242 981 Purchase of own shares 8.1.2. -229 711 -229 711 -229 711 Others 37 762 37 762 37 762 Consolidated net profit for the year ended 31 December 2022 159 875 149 159 875 149 -1 956 159 873 193 Total changes for the period -229 711 225 000 1 242 981 31 192 669 128 495 242 160 926 181 -172 201 160 753 980 Consolidated net profit 159 875 149 159 875 149 -1 956 159 873 193 Consolidated comprehensive income 161 118 130 -1 956 161 116 174 Transactions with equity holders in the period Appropriation of consolidated net profit for 2021 Dividends distributed 8.1.5. -5 724 002 -5 724 002 -5 724 002 Balance on 31 December 2022 46 000 000 -11 410 227 29 900 789 1 976 081 -10 088 451 167 521 938 159 875 149 383 775 279 -81 719 383 693 560 Balance as at 1 January 2023 46 000 000 -11 410 227 29 900 789 1 976 081 -10 088 451 167 521 938 159 875 149 383 775 279 -81 719 383 693 560 Changes in the period: Application of consolidated result 2022: Transfer to reserves and retained earnings 2 260 347 157 614 802 -159 875 149 - Capital decrease 8.1.1. -3 640 423 11 410 227 -7 769 804 Purchase of own shares 8.1.2. -3 244 008 -3 244 008 -3 244 008 Conversion reserves - Angola -11 406 222 -11 406 222 -11 406 222 Other changes in non-controlling interests -118 148 -118 148 236 925 118 777 Consolidated profit for the year ended 31 December 2023 15 537 446 15 537 446 -123 760 15 413 686 Total changes for the period -3 640 423 8 166 219 - 2 260 347 -11 406 222 149 726 850 -144 337 703 769 068 113 165 882 233 Consolidated net profit 15 537 446 15 537 446 -123 760 15 413 686 Consolidated comprehensive income 4 131 224 -123 760 4 007 464 Transactions with equity holders in the period Appropriation of consolidated net profit for 2022 Dividends distributed 8.1.5. -29 651 704 -29 651 704 -29 651 704 Balance on 31 December 2023 42 359 577 -3 244 008 29 900 789 4 236 428 -21 494 673 287 597 084 15 537 446 354 892 643 31 446 354 924 089 The Board of Directors, Porto, 29 th April 2024 401