IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 5.4.4 Supplier Relationship Management [DR ESRS G1-2] The Group manages its relationships with suppliers with the following main objectives: - to obtain a product/service of the highest possible quality at a competitive and fair price; - to ensure an adequate and continuous response to existing needs. The risk of supply interruptions is minimized whenever possible by selecting more than one supplier for each type of product. Commercial contracts with suppliers refer to the Group’s code of ethics and conduct, which guarantees respect for the law and the principles of business ethics. A payment term is defined in the commercial relationship, which typically does not exceed 90 days. In 2026, the Group will develop a sustainable purchasing policy to contribute to the supply chain incorporating the principles and objectives of sustainability and, in particular, to ensure the prevention and mitigation of significant negative impacts on the environment and society. Within this framework, suppliers will also be evaluated and selected according to sustainability criteria. 5.4.5 Payment practices [DR ESRS G1-6] The Group’s average payment period to its suppliers is 90 days, counted from the date of issue of the invoice. The payment period typically does not differ depending on the market in which the Group operates (Portugal, Spain, Angola) or the type of supplier (of products, services and their respective typologies). It also does not vary depending on the size of the supplier and in particular is not longer for small and medium-sized enterprises. At the end of the 2025 financial year, there were no pending legal proceedings for payment delays. 229