IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 31 december 2025 Portugal Angola Spain Group Turnover 201 423 887 12 577 234 180 790 788 394 791 909 Tangible and intangible fixed assets 120 727 087 7 648 387 76 046 140 204 421 614 Right-of-Use Assets 60 707 638 971 904 163 933 902 225 613 444 Investment property 12 238 623 - - 12 238 623 Goodwill 6 604 503 130 714 51 852 460 58 587 677 Deferred tax assets - - 10 064 234 10 064 234 Investments in assoc. and joint ventures 2 876 453 - 2 564 759 5 441 211 Non-current accounts receivable 117 438 - 11 069 900 11 187 338 Debt instruments at amortised cost - 906 817 - 906 817 Total non-current assets 203 271 742 9 657 822 315 531 395 528 460 959 31 december 2024 Portugal Angola Spain Group Turnover 254 874 721 14 390 309 205 035 815 474 300 845 Tangible and intangible fixed assets 123 130 757 7 121 472 71 201 933 201 454 162 Right-of-Use Assets 57 278 231 1 256 467 206 256 057 264 790 755 Investment property 12 539 186 - - 12 539 186 Goodwill 6 604 503 130 714 51 852 460 58 587 677 Deferred tax assets - - 9 207 174 9 207 174 Investments in assoc. and joint ventures 2 977 730 - 2 504 129 5 481 859 Non-current accounts receivable 273 924 - 9 953 426 10 227 350 Debt instruments at amortised cost - 1 443 650 - 1 443 650 Total non-current assets 202 804 331 9 952 303 350 975 180 563 731 814 393