IBERSOL | Integrated Management Report | 2025

CONSOLIDATED FINANCIAL STATEMENTS 8. Financing 8.1.quity 8.1.1. Share capital Accounting policies Basic shares are classified in equity when paid. Incremental costs directly attributable to issuing new shares or options are shown in equity as a deduction, net of taxes, from inflows. When any Group company acquires shares in the parent company (treasury shares), the amount paid, including directly attribut- able costs (net of taxes), is deducted from the equity attributable to holders of equity in the parent company until the shares are cancelled, reissued or disposed of. When such shares are subsequently sold or reissued, any proceeds, after deducting directly attributable transaction costs and taxes, are reflected in the shareholders’ equity of the equity holders of the company. On 5 July 2024, the company reduced its share capital from 42,359,577 euros to 41,514,818 euros, by cancelling 844,759 of its own shares, in order to release excess capital. On 14 July 2025, the company again reduced its share capital from 41,514,518 euros to 40,899,126 euros, by cancelling 615,692 of its own shares, in order to release excess capital On 31 December 2025, Ibersol’s share capital was fully subscribed and paid up, and was represented by 40,899,126 registered shares with a nominal value of 1 euro each. 8.1.2. Own shares On 31 December 2025, under the buyback program approved by the shareholders, the group acquired 1,118,074 shares at an av- erage price of 9.57 euros. On 31 December 2025, and following the capital reduction through the cancellation of 615,692 treasury shares, the company held 878,265 own shares acquired, at an average price of 9.88 and representing 2.15% of the share capital. 450