IBERSOL | Integrated Management Report | 2025

2. Basis of preparation of the financial information 2.1. Basis of preparation 2.1.1. Approval of the financial statements The financial statements were approved by the Board of Directors and authorized for issue on 22 April 2026. It is the opinion of the Board of Directors that these financial statements give a true and fair view of Ibersol’s operations, as well as its financial position and performance and cash flows. The shareholders have the right not to approve the accounts authorized for issue by the Board of Directors and to propose their amendment. 2.1.2. Accounting standards These consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and with the interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC) or by the previous Standards Interpretation Committee (SIC), as adopted and effective in the European Union on 1 January 2025. 2.1.3. Measurement basis The consolidated financial statements were prepared on a going concern basis, under the historical cost convention, changed to fair value in the case of derivative financial instruments. The preparation of the financial statements requires estimates and management judgments (note 2.3). 2.1.4. Comparability The consolidated financial statements are comparable in all material respects with the prior year. 2.1.5. Presentation currency The individual financial statements are presented in Euros, which is Ibersol’s functional currency and the Group’s presentation currency. INTEGRATED MANAGEMENT REPORT 2025 497