IBERSOL | Integrated Management Report | 2025

6.3. If the Board of Directors (or Executive Committee) approves the Transaction with the Related Party pursuant to point 6.2. above, it must immediately inform the Audit Committee of this resolution, pursuant to points 4.1. and 4.2. supra; 6.4. The prior opinion of the Audit Committee to be issued within a period not exceeding 10 working days, which may be greater or lesser, depending on the complexity of the analysis and / or the urgency that may prove rele- vant - followed by a decision by the Board of Directors, will be necessary for approval of Related Party Transac- tions included or exempted under Point 5 above, that: a)They are not Current Activity Transactions; or b) Are equal to or exceed 2.5% of the Company’s consolidated assets. 5 6.5. Related Parties or their representatives may not be involved in the process of approving Related Party Trans- actions to which they are an interested party. 7. PUBLIC DISCLOSURE OF RELATED PARTY TRANSACTIONS 7.1. The Board of Directors must ensure that the Company publicly discloses, at the latest until the moment when they are carried out, all Transactions with Related Parties that: (i) are not Current Activity Transactions and (ii) are carried out for an amount ( isolated or in conjunction with other Transactions carried out with the same Related Par- ty in the previous 12 months and which have not been publicly disclosed under the terms of this Procedure) - equal to or greater than 2.5% of the Company’s Consolidated Assets. 7.2. The public disclosure mentioned in point 7.1, must contain at least the following elements: a) Identification of the Related Party; b) Information on the nature of the relationship with the Related Party; 5. If applicable, this amount must be aggregated with that of other transactions carried out between the same Related Party and the Company in the last 12 months that have not been publicly disclosed pursuant to paragraph 7.1. INTEGRATED MANAGEMENT REPORT 2025 355