IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2024 AND 2023 (amounts in euros) Attributable to equity holders 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 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 for the period: Application of the 2022 consolidated result: 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 net 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 15 537 446 354 892 642 31 446 354 924 089 Balance as at 1 January 2024 42 359 577 -3 244 008 29 900 789 4 236 428 -21 494 673 287 597 084 15 537 446 354 892 642 31 446 354 924 089 Changes in the period: Application of consolidated result 2023: Transfer to reserves and retained earnings 1 854 922 13 682 524 -15 537 446 - - Capital decrease 8.1.1. -844 759 5 778 469 -4 933 710 - - Purchase of own shares 8.1.2. -5 231 174 -5 231 174 -5 231 174 Conversion reserves - Angola -260 231 -260 231 -260 231 Other changes in non-controlling interests 70 110 70 110 70 110 Consolidated profit for the year ended 31 December 2024 13 851 797 13 851 797 -29 332 13 822 465 Total changes for the period -844 759 547 295 - 1 854 922 -260 231 8 818 924 -1 685 649 8 430 502 -29 332 8 401 170 Consolidated net profit 13 851 797 13 851 797 -29 332 13 822 465 Consolidated comprehensive income 13 591 566 -29 332 13 562 234 Transactions with equity holders in the period Appropriation of consolidated net profit for 2023 Dividends distributed 8.1.5. -20 755 209 -20 755 209 -20 755 209 Balance on 31 December 2024 41 514 818 -2 696 712 29 900 789 6 091 350 -21 754 904 275 660 797 13 851 797 342 567 935 2 114 342 570 049 The Board of Directors, Porto, 30 th April 2025 361