IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 Years Buildings and other constructions 10-35(*) Equipment 10 Tools and utensils 4 Vehicles 5 Office equipment 10 Other tangible fixed assets 5 (*)Two buildings owned by the Group have an estimated useful life of up to 50 and 40 years. Assets’ depreciable amounts, useful lives and depreciation method are reviewed and adjusted, if necessary, on the date of the consolidated statement of financial position. Changes to useful lives are treated as a change in accounting estimate and are ap- plied prospectively. If the carrying amount is greater than the recoverable value of the asset, it is immediately readjusted to the estimated recoverable value. In determining the useful life of non-transferable assets, the group considers, among other aspects, the lease term. Cases in which this useful life exceeds the lease term relate to situations in which the Group estimates, based on the history, that a new contrac- tual period will be agreed for that location. In general terms, there are no material inconsistencies between the lease term of the contracts and the useful life of the respective underlying non-transferable assets. Subsequent costs Subsequent costs are added to the amounts at which the asset is carried or recognized as separate assets, as appropriate, only when it is probable that inherent economic benefits will flow to the company and the cost can be reliably measured. Other expenses with repairs and maintenance are recognized as an expense in the period in which they are incurred. 421