IBERSOL | Integrated Management Report | 2025

2.4. TheAudit Committeemay request fromtheBoardof Directors or theExecutiveCommittee all information it deems relevant in relation to each Transaction carried out with a Related Party and may also issue the recommendations it deems necessary. 5. CURRENT ACTIVITY TRANSACTIONS AND EXEMPTED TRANSACTIONS 5.1. The following transactions shall be considered as Current Activity Transactions and, as such and to the extent applicable, subject only to the forecasts regarding internal registration and review by the Audit Committee under the terms of point 4 above - the following transactions: a) Transactions with Related Parties whose respective terms and conditions (including price) are in accordance with the Company’s usual transactions and are determined by external factors not controlled by the Company (for example, transactions carried out in a regulated market in line with market prices in force); b) All Related Party Transactions and Affiliate Transactions entered into with credit institutions or financial institutions, provided that these transactions are in line with the Company’s usual transactions and with the terms and conditions of previous transactions carried out with the same parties (for example, renewals or extensions of existing credit lines) or those whose terms and conditions are no less favorable to the Company (or to the Subsidiary) than the conditions offered by entities that are not Related Parties; c) Transactions with Related Parties carried out by the Company in respect of conditions and / or prices previously established and applicable to any counterparty. 5.2. The process and requirements for disclosure set out in points 6.1. and 7.1 below are not applicable with respect to the following transactions (“Exempt Transactions”): a) Transactions carried out between the Company and its Affiliates provided that they are in a controlling relation- ship with the Company 4 and no Party Related to the Company has an interest in that Affiliate; 4. Entities that are co-controlled by the company are not included in this exclusion INTEGRATED MANAGEMENT REPORT 2025 353