IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 Investment Property 01 January 2024 12 839 749 Increases - Decreases - Depreciation for the year -300 563 31 December 2024 12 539 186 Cost 13 425 032 Accumulated depreciation -885 847 Accumulated Impairment - 31 December 2024 12 539 186 Increases - Decreases - Transfers - Depreciation for the year -300 563 31 December 2025 12 238 623 Cost 13 425 032 Accumulated depreciation -1 186 410 Accumulated Impairment - 31 December 2025 12 238 623 Transfers relate to transfers of property, plant and equipment assets. The Group estimates that the fair value of these assets will amount to around 14.8 million euros on 31 December 2025 (14.5 million euros on 31 December 2024). 441