IBERSOL | Integrated Management Report | 2025

Employee benefits Short-term employee benefits such as salaries, wages and social security contributions are recorded under personnel costs. Liabilities are recorded in the period in which all employees, including members of the Board of Directors, acquire the respec- tive right, regardless of the date of payment, and the balance outstanding at the date of the statement of financial position is shown under current payables. Expenses to be recognized and accrued income Expenses and income are recorded in the period to which they refer, regardless of whether they are paid or received, in accord- ance with the accrual accounting principle. The differences between the amounts received and paid and the corresponding income and expenses are recorded under “Accounts receivable” or “Accounts payable”, depending on whether they are receivable or payable. In the periods ended 31 December 2025 and 2024, other operating income and expenses are broken down as follows: Notes 2025 2024 External supplies and services 3.2.1. -228 905 -296 892 Personnel costs 3.2.2. -460 745 -483 865 Impairment of investments in subsidiaries (losses/reversals) 5.1. a 5.3. - - Gains or losses relating to investments 3.2.3. 5 604 195 025 Other operating income/(expense) 3.2.4. -96 838 -127 218 INTEGRATED MANAGEMENT REPORT 2025 505