IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 8.4. Treasury Bonds Accounting policies Debt instruments at amortized cost Debt instruments are measured at amortized cost if the following criteria are met: • The asset is held to receive its contractual cash flows; It is • The contractual cash flows from the asset represent payments of principal and interest only. Financial assets included in this category are initially recognized at fair value and subsequently measured at amortized cost. Ibersol Angola operates with a large component of imports that generate liabilities in foreign currency. In order to reduce the ex- change rate risk and face Kwanza variations, the company adopted the policy of holding assets indexed to the USD in an amount, at least, of the same order of magnitude as the liabilities. In addition to holding USD-indexed Treasury Bonds, the company acquired non-adjustable Treasury Bonds (denominated in AKZ) for the financial application of surpluses. The amount of financial assets refers to investments in Treasury Bonds of the Angolan State. The separation by maturity is as follows: dec/ 2025 dec/ 2024 Current Non current Total Current Non current Total Angolan Treasury Bonds 389 525 998 840 1 388 365 214 025 1 569 909 1 783 935 Accumulated impairment losses -61 243 -92 023 -153 266 -27 007 -126 259 -153 266 Total 328 282 906 817 1 235 099 187 018 1 443 650 1 630 669 As there has been no significant increase in credit risk since the initial recognition of Treasury Bonds, expected losses within a period of 12 months were considered. 463