IBERSOL | Integrated Management Report | 2025

5.2. Loans to subsidiaries On 31 December 2025 and 2024, the balances recognized under this heading refer to loans granted to Ibersol subsidiaries. Loans with repayment periods of more than 1 year bear interest at a rate based on Euribor 12M + 1.25% dec/2025 dec/2024 Acquistion value Acquistion value Ibersol Restauração, S.A. 110 708 996 130 408 996 Iberpret, S.A. 500 000 500 000 Restmon Portugal, Lda 1 276 000 1 276 000 Total 112 484 996 132 184 996 Accumulated impairment losses -1 276 000 -1 276 000 Total loans to subsidiaries 111 208 996 130 908 996 The accumulated impairment losses correspond to all the loans granted to Restmon Portugal, Lda. Individual Financial Statements 520