IBERSOL | Integrated Management Report | 2025

began with the addition of two restaurants, one in Lisbon and the other in Porto. By the end of 2025, the partnership with Refood covered 26 KFC restaurants, and the rollout to more stores was underway. The surpluses for resale with a reduced shelf life were destined for Too Good to Go. The partnership began in 2024, starting with the Pans brand in Portugal, for the pastry line of the Café Pans channel. By the end of 2025, the partnership had a significant extension in Portugal. in the PH, Pans and Travel businesses and in Spain under the Pans brand, encompassing a total of 147 stores in Portugal and 51 in Spain. In 2025, expenses related to the policy of combating hunger, in terms of monetary donations and product donations, amounted to approximately €263,000. In calculating this value, the respective production cost was considered for the aspect of remaining production supply. The Group is developing quantitative objectives for the policy of combating hunger in the communities where the company operates. INTEGRATED MANAGEMENT REPORT 2025 219