IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 STATEMENT OF FINANCIAL POSITION AT 31 DECEMBER 2025 AND 2024 (amounts in euros) ASSETS Notes 31/12/2025 31/12/2024 Non-current Financial investments in subsidiaries 5.1. 109 467 448 108 967 448 Loans granted to subsidiaries 5.2. 111 208 996 130 908 996 Deferred tax assets 8.3.1. 1 607 597 1 172 443 Total non-current assets 222 284 042 241 048 888 Current Income tax recoverable 8.2. 978 603 2 106 307 Group subsidiaries accounts receivable 4.3. 13 449 471 10 178 066 Other current accounts receivable 4.1. 19 894 277 626 Cash and bank deposits 7.3. 34 133 360 56 962 159 Total current assets 48 581 329 69 524 157 Total Assets 270 865 371 310 573 045 EQUITY Equity Share capital 7.1.1. 40 899 126 41 514 818 Own shares 7.1.2. -8 679 677 -2 696 711 Share premium 7.1.1. 29 900 788 29 900 788 Legal reserve 7.1.3. 7 943 566 6 091 350 Other reserves 7.1.3. 152 983 051 150 433 058 Retained earnings 7.1.3. 35 305 425 35 305 425 Net profit for the year 7.1.5. 10 035 005 37 044 329 Total Equity 268 387 284 297 593 057 LIABILITIES Non-current liabilities Borrowings obtained 7.2. - - Procisions 5 257 - Total non-current liabilities 5 257 - Current liabilities Borrowings obtained 7.2. - 9 832 442 Group subsidiaries accounts payable 4.3. 2 066 856 2 795 596 Current accounts payable 4.2. 405 973 351 950 Total current liabilities 2 472 829 12 979 989 Total Liabilities 2 478 086 12 979 989 Total Equity and Liabilities 270 865 371 310 573 045 The Board of Directors, Porto, 22nd April 2026 493