IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 from the knowledge and timeliness provided by those services. The fees of the additional services did not exceed the limits established by applicable European regulations and national legislation in force. The Fiscal Board, in compliance with Art. 29-S nº 1 of the Securities Code and in accordance with internal policy regarding transactions with related parties, reviewed such transactions. During the financial year, transactions with related parties or qualified shareholders fell within the Company’s ordinary course of business and were carried out under market conditions complying with the applicable legal and regulatory requirements The Fiscal Board examined the individual and consolidated Management Reports, the individual and consolidated Financial Statements and respective annexes, relating to the 2025 financial year, submitted by the Board of Directors, as well as the Statutory Certification of Accounts and Audit Report submitted by the Statutory Auditor/ROC KPMG & Associados, SROC, S.A., included in the “Additional Report of the ROC to the Supervisory Body”, for the 2025 financial year, as required by Article 11 of regulation (EU) nr 537/2014 of the European Parliament and of the Council of 16th April 2014. This report sets out the scope of the Audit, the partners and staff of the SROC who partic- ipated, the consolidation perimeter mentioning the entities not audited by KPMG & Associados, SROC, S.A. , materiality, the relevant audit matters, independence and the additional services provided, as well as, amongst others, the results of the internal control analysis address- ing the issues raised, the responses obtained and the recommendations made. The Fiscal Board, in compliance to no. 5 article 420 of the Commercial Societies Code, reviewed the Corporate Governance Report and confirmed that it includes the elements referred to in article 29-H of the Portuguese Securities Code. 2. Opinion: Considering the above, the Fiscal Board is of the opinion that conditions are fulfilled for approval, by the General Meeting, of: a) The Management Report, the financial individual and consolidated statements of 2025 and respective annexes, as well as the Corporate Governance Report; b) The proposal for distribution of year-end results as presented by the Board of Directors. Porto, 24th April, 2026 The Fiscal Board Herminio António Paulos Afonso (Chairman) Carlos Alberto Alves Lourenço (Member) Maria José Martins Lourenço da Fonseca (Member) 553