IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 Basic Basic earnings per share is calculated by dividing earnings attributable to shareholders by the weighted average number of com- mon shares issued during the period, excluding common shares acquired by the company and held as treasury stock. Diluted Diluted earnings per share is calculated by dividing earnings attributable to shareholders, adjusted for dividends on convertible preferred stock, interest on convertible debt and gains and expenses resulting from the conversion, by the weighted average number of common shares issued during the period plus the average number of common shares issuable on the conversion of dilutive potential common shares. As at 31 December 2025 and 2024, basic and diluted earnings per share were calculated as follows: 2025 2024 Profit attributable to equity holders Continuing operations 15 206 452 11 026 440 Discontinued operations 0 2 825 357 Number of shares issued at the beginning of the year 41 514 818 42 359 577 Number of shares issued at the end of the year 40 899 126 41 514 818 Weighted average number of ordinary shares issued (i) 41 226 371 41 865 647 Weighted average number of treasury shares (ii) 585 828 224 794 Weighted average number of shares outstanding (i-ii) 40 640 543 41 640 853 Basic earnings per share (euros per share) Continued operations 0,37 0,26 Discontinued operations 0,00 0,07 Diluted earnings per share (€ per share) Continued operations 0,37 0,26 Discontinued operations 0,00 0,07 Number of treasury shares at the end of the period 878 265 375 883 As there are no preferred voting rights, basic earnings per share equals diluted earnings per share. 453