IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 8.1.5. Dividends At the Annual General Meeting of 29 May 2024, it was decided to pay a gross divi- dend of 0.50 euros per share (0.70 euros in 2023), corresponding to an amount of 20,755,209 euros (29,651,704 euros in 2023) for the shares in circulation, which was paid on 19 July 2024. 2.1.1. Earnings per share Accounting policies Earnings per share can be expressed in terms of “basic earnings” or “diluted earnings”. Basic Basic earnings per share is calculated by dividing earnings attributable to sharehold- ers by the weighted average number of common shares issued during the period, excluding common shares acquired by the company and held as treasury stock. Diluted Diluted earnings per share is calculated by dividing earnings attributable to share- holders, adjusted for dividends on convertible preferred stock, interest on convertible debt and gains and expenses resulting from the conversion, by the weighted average number of common shares issued during the period plus the average number of com- mon shares issuable on the conversion of dilutive potential common shares As at 31 December 2024 and 2023, basic and diluted earnings per share were calcu- lated as follows: 2024 2023 Profit attributable to equity holders Continuing operations 11 026 440 14 731 980 Discontinued operations 2 825 357 805 466 Number of shares issued at the beginning of the year 42 359 577 46 000 000 Number of shares issued at the end of the year 41 514 818 42 359 577 Weighted average number of ordinary shares issued (i) 41 865 647 43 815 746 Weighted average number of treasury shares (ii) 224 794 1 456 952 Weighted average number of shares outstanding (i-ii) 41 640 853 42 358 794 Basic earnings per share (euros per share) Continued operations 0,26 0,35 Discontinued operations 0,07 0,02 Diluted earnings per share (€ per share) Continued operations 0,26 0,35 Discontinued operations 0,07 0,02 Number of treasury shares at the end of the period 375 883 477 491 As there are no preferred voting rights, basic earnings per share equals diluted earn- ings per share. 433