IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 The bank guarantees arise mainly from the concessions and rents of the Group’s stores and commercial spaces, and may be executed in the event of non-compliance with lease contracts, namely for non-payment of rents. The relevant amount derives from the guarantees required by the owners of spaces under concession (ANA Airports and AENA Airports, in Spain) or leased (some malls and other locations) in concessions and rents, of which 27,257,000 euros with AENA Airports. In other guarantees, and following the sale of the Burger King units, the Group provided a bank guarantee of 2.6 M to BK Portugal, S.A., to cover the asset relating to existing receivables at IberKing and unused at the date of the transaction, regarding CFEI II and RFAI, for a period of 5 years with decreasing annual values. 10.4. Other commitments On 31 December 2025, store opening commitments under expansion and concession agreements amount to approximately €24 million (€17 million as of 31 December 2024), note 6.4. 11. Transactionswith relatedparties Accounting policies A related party is a person or entity that is related to the Group, including those that own or are subject to influence or control by the Group. In the consolidation procedures the transactions between the companies included in the consolidation by the full consolidation method are eliminated, since the consolidated financial statements present the owner and its subsidiaries’ information as one single company, and therefore they are not disclosed in this note. The balances and transactions with related parties in 2025 and 2024 can be presented as follows: 481