IBERSOL | Integrated Management Report - 2024

CONSOLIDATED FINANCIAL PERFORMANCE It is worth highlighting the positive contribution of new concession contracts – Madrid (+4.2%), Lanzarote (+2.1%) and Tenerife (+1.1%) – and the loss of contribution from Eat Madrid (-1.7%) and the Menorca concession (-4.1%). At the end of 2024, the Group still had 2 airport restaurants operating in a provisional format (1 in Madrid and 1 in Lanzarote), with sales below their potential until their conversion into a definitive format, and 4 restaurants that were still closed (3 in Barcelona and 1 in Malaga). For this financial year, we estimate that sales were 11 million euros lower than in a normal operating situation. During the 4th quarter, the following changes in the number of restaurants were recorded: - 1 definitive closure of 1 Pizza Móvil franchise in Spain; - 12 openings in Portugal: 1 Pizza Hut restaurant, 1 Taco Bell restaurant, 9 KFC restaurants and Pret a Manger Colombo; - 7 openings in Spain: 2 KFC restaurants, 2 restaurants at Madrid Airport (Cafe Pans and Coffee Republic), 2 conversions of temporary restaurants into permanent formats (Pret a Manger Alicante and Madrid) and 1 Pans franchised restaurant; - 2 openings in Angola (1 Pizza Hut restaurant and 1 KFC restaurant). At the end of 2024, the total number of units was 552 (497 owned and 55 franchised), as explained below: Concessions & Catering segment Turnover Var. 24/23 Turnover 200 – 180 – 160 – 140 – 120 – 100 – 80 – 60 – 40 – 20 – 0 – Catering 22 Concessions €000.000 15,6% 151 12,1% 94