IBERSOL | Integrated Management Report - 2024

CONSOLIDATED FINANCIAL PERFORMANCE Operational results 2024 The Group’s cost structure was penalized by the delay in the process of opening and converting temporary restaurants into a permanent format in the concessions at the Madrid, Lanzarote, Malaga and Bar- celona Airports. The operating result from continued operations was 23.5 million euros in 2024, compared with 23.0 million euros in 2023. 1Q 2024 2Q 2024 3Q 2024 4Q 2024 2024 Continued Op. 2023 Continued Op. var. 24 vs 23 Turnover 98,2 111,1 137,0 127,9 474,3 418,2 13,4% Cost of sales 23,4 23,9% 26,4 23,8% 32,9 24,0% 30,0 23,5% 112,8 23,8% 100,2 24,0% 12,6% gross margin % 76,1% 76,2% 76,0% 76,5% 76,2% 76,0% +0,2 p.p. External supplies and services 25,6 26,1% 30,1 27,1% 36,5 26,7% 37,3 29,2% 129,6 27,3% 121,9 29,1% 6,3% Personnel costs 32,6 33,2% 34,4 30,9% 39,1 28,6% 39,7 31,0% 145,7 30,7% 127,3 30,5% 14,4% Amortisation, depreciation and impairment losses of TFA, Rights of Use, Goodwill and IA 16,3 16,6% 17,0 15,3% 18,6 13,6% 20,3 15,9% 72,2 15,2% 50,7 12,1% 42,4% Operating costs - Other income -0,8 -0,8% -1,9 -1,7% -1,7 -1,3% -5,1 -4,0% -9,5 -2,0% -4,9 -1,2% 9393,0% Operating Costs Total 97,2 98,9% 106,0 95,4% 125,4 91,5% 122,2 95,5% 450,8 95,0% 395,2 94,5% 14,1% Operating Income 1,0 1,1% 5,1 4,6% 11,6 8,5% 5,7 4,5% 23,5 5,0% 23,0 5,5% 2,4% margin 1,1% 4,6% 8,5% 4,5% 5,0% 5,5% -0,5 p.p. Ebitda 17,4 17,7% 22,1 19,9% 30,2 22,1% 26,0 20,3% 95,7 20,2% 73,7 17,6% 29,9% margin 17,7% 19,9% 22,1% 20,3% 20,2% 17,6% +2,6 p.p. 4.1 Consolidated Financial Performance 96