IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 STATEMENT OF CHANGES IN EQUITY FOR THE YEARS ENDED 31 DECEMBER 2025 AND 2024 (amounts in euros) Attributable to equity holders Notes Share Capital Own Shares Share Premium Legal Reserves Other reserves Retained earnings Net profit for the year Total Balance as at 1 January 2024 42 359 577 -3 244 008 29 900 789 4 236 427 140 878 452 35 305 425 37 098 448 286 535 109 Changes in the period: Application of the 2023 net profit: Transfer to reserves and retained earnings 7.1.3. 1 854 922 14 063 737 21 179 789 -37 098 448 - Capital decrease -844 759 5 778 469 -4 933 710 - Acquisition / (disposal) of own shares 7.1.2. -5 231 174 -5 231 174 Total changes for the period -844 759 547 295 - 1 854 922 9 130 027 21 179 789 -37 098 448 -5 231 174 Net profit for the period 37 044 329 37 044 329 Comprehensive income 37 044 329 Transactions with equity holders in the period Appropriation of net profit for 2023 Dividends paid 7.1.4. 424 580 -21 179 789 -20 755 209 Balance on 31 December 2024 41 514 818 -2 696 713 29 900 789 6 091 349 150 433 058 35 305 425 37 044 329 297 593 056 Balance as at 1 January 2025 41 514 818 -2 696 711 29 900 788 6 091 350 150 433 058 35 305 425 37 044 329 297 593 057 Changes in the period: Application of the 2024 net profit: Transfer to reserves and retained earnings 7.1.3. 1 852 216 6 131 740 29 060 373 -37 044 329 - Capital decrease -615 692 4 718 750 -4 103 058 - Acquisition / (disposal) of own shares 7.1.2. -10 701 715 -10 701 715 Total changes for the period -615 692 -5 982 965 - 1 852 216 2 028 682 29 060 373 -37 044 329 -10 701 715 Net profit for the period 10 035 005 10 035 005 Comprehensive income 10 035 005 Transactions with equity holders in the period Appropriation of net profit for 2024 Dividends paid 7.1.4. 521 310 -29 060 373 -28 539 062 Balance on 31 December 2025 40 899 126 -8 679 677 29 900 788 7 943 566 152 983 051 35 305 425 10 035 005 268 387 284 The Board of Directors, Porto, 22nd April 2026 495