IBERSOL | Integrated Management Report - 2024

Individual Financial Statements 3  We have involved our valuation specialists in order to assess the discounted cash flow model and the average cost of capital rate considered in the valuations made by the Entity; and  We have assessed the adequacy of the respective disclosures to the financial statements, in accordance with the applicable accounting framework. Responsibilities of Management and the Supervisory Board for the Financial Statements Management is responsible for:  the preparation of financial statements that give a true and fair view of the Entity’s financial position, financial performance and cash flows, in accordance with the International Financial Reporting Standards (IFRS), as adopted by the European Union;  the preparation of the management report, corporate governance report and remuneration’s report in accordance with applicable laws and regulations;  designing and maintaining an appropriate internal control system to enable the preparation of financial statements that are free from material misstatement whether due to fraud or error;  the adoption of accounting policies and principles appropriate in the circumstances; and,  assessing the Entity’s ability to continue as a going concern and disclosing, as applicable, the matters that may cast significant doubt about the Entity’s ability to continue as a going concern. The supervisory body is responsible for overseeing the Entity’s financial reporting process. Auditor’s responsibilities for the audit of the financial statements Our responsibility is to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatements whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 518