IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 The interest rate use on 31 December 2024 for CPP and borrowings was on average around 3.59% (3.35% on 31 December 2023). Borrowings indexed at variable rates are indexed to Euribor. The future cash flows (nominal value) associated with these liabilities on 31 December 2024 are detailed as follows: FC 2025 FC 2026 FC 2027 FC 2028 FC 2029 FC 2030 Total Borrowings 5 905 643 4 221 369 3 128 855 2 520 736 2 481 230 869 146 19 126 980 Commercial paper 9 834 000 - - - - - 9 834 000 Interest 722 241 462 552 321 160 196 354 85 900 11 198 1 702 307 Changes in bank debt Movements in 2024 and 2023 under current and non-current loans, except for finance leases and bank overdrafts, are presented as follows: dec/2024 dec/2023 1 January 70 081 886 70 081 886 Variations with impact in cash flows: Proceeds from borrowings obtained 16 767 067 - Financial debt repayments -26 177 287 -42 445 598 Variations without impact on cash flows: Changes in the consolidation perimeter 10 118 181 - Incentives support to investment -2 095 200 - Outstanding contracted amounts 1 981 131 - Financing set-up costs 16 639 847 413 Capitalised interest and other -103 596 -29 658 at 31 December 28 960 979 28 454 044 As at 31 December 2024 and 2023, total outstanding loans in the functional currency in which they were contracted break down as follows: dec/2024 dec/2023 EUR 28 960 979 28 454 043 AOA - - 435