IBERSOL | Integrated Management Report - 2024

INTEGRATED MANAGEMENT REPORT 2024 dec/2024 Deferred tax liabilities Portugal Angola TOTAL Tax losses carried forward - - - Homogenization of property, plant and equipment and intangible assets and Hy- perinflationary Economies (IAS 29) 4 793 887 480 293 5 274 180 Deductible temporary differences (IFRS16) - -34 008 -34 008 Other temporary differences -1 113 456 -38 317 -1 151 773 3 680 431 407 968 4 088 399 dec/2023 Deferred tax liabilities Portugal Angola TOTAL Tax losses carried forward -60 007 - -60 007 Homogenization of property, plant and equipment and intangible assets and Hy- perinflationary Economies (IAS 29) 5 071 322 460 099 5 531 421 Deductible temporary differences (IFRS16) - -27 478 -27 478 Other temporary differences -2 635 717 -38 317 -2 674 034 2 375 598 394 304 2 769 902 Homogenization of tangible and intangible fixed assets Deferred taxes that correspond to the difference between the net value of tangible and intangible fixed assets considered in the individual financial statements of the subsidiaries and the net value they contribute in the consolidated. Other temporary differences Other temporary differences amount, essentially, refers to unused tax benefits. At 31 December 2024, there are 58,800 euros of tax benefits associated with the capital increase and 1,113,643 euros of undeducted tax benefits to be used in subsequent years: 223,488 euros of CFEI II (89,303 euros deductible up to 2025 and 134,185 euros up to and including 2026), 53,572 euros of IFR (deductible up to and including 2027) and 836,584 euros of RFAI for the year 2024. It should be noted that RFAI credits have a reporting period of 10 tax periods, a period which was suspended during the 2020 tax period and during the following tax period, under Law no. 21/2021, of April 21. 453