IBERSOL | Integrated Management Report | 2025

CORPORATE GOVERNANCE REPORT PART II GOVERNANCE MODEL EVALUATION 1. Identification of the Corporate Governance code adopted This Corporate Governance Report was prepared in accordance with CMVM Regulation 4/2013 of 1 August, with the Corporate Governance Code of the Portuguese Institute of Corporate Governance (IPCG) from 2018, as revised in 2023, and article 29-H of the Securities Code. These normative are, consequently, applied by their suitability for providing the necessary and indispensable information to the public, therefore there are no presuppositions of any substantial or formal divergence in their application. This Report for the year 2025 complies with the rules of articles 29-H and ff. of the Securities Code, as well as discloses, in the light of the “comply or explain” principle, the degree of compliance with the Recommendations of the aforementioned IPCG, which integrate the Corporate Governance Code 2018/2023. The information duties required under the terms of the regulatory changes resulting from Law no. 50/2020 of 25 August, articles 447 of the Commercial Companies Code and CMVM Regulation no. 1/2023 and other applicable legal provisions are also complied with. All the legal and regulatory norms mentioned in this report are available at www.cmvm.pt, www.cgov.pt and www.dre.pt . 2. Analysis of compliance with the Corporate Governance code adopted Pursuant to article 29-H of the CVM, a statement on compliance with the corporate governance code to which the issuer is subject must be included, specifying any parts of that code from which it differs and the reasons for the divergence. Pursuant to article 29-H of the CVM, a statement on compliance with the corporate governance code to which the issuer is subject must be included, specifying any parts of that code from which it differs and the reasons for the divergence. 310