IBERSOL | Integrated Management Report | 2025

FINANCIAL PERFORMANCE The “ Restaurants ” segment, with table service, which includes Pizza Hut restaurants, grew 2.7% (1.1% LfL). The “ Counters ” segment grew by 20.4%. However, if we excluded the effect of the incorporation of NRS restaurants and the openings at the end of 2024 and those of 2025, especially of KFC and Taco Bell brands, sales in the segment would have grown by 5.3%. The “ Concessions & Catering ” segment shows growth of 10.5%, driven by the openings and conversions of restaurants into permanent formats at Spanish airports, which were completed during the first half of 2025. During the year 2025, the following changes were recorded in the number of restaurants: - Sale of the Burger King restaurant we operated at Madeira Airport; - 4 closures in Portugal (1 Pasta Caffé, 1 Ribs and 2 units of the Estádio do Dragão concession); - 5 franchise closures in Spain (3 Pans, 1 Ribs and 1 Santamaria); - 2 closures of concession units in Spain, 1 closure of a franchisee in Italy and 2 transfers of franchised units that became company-owned (1 Pans and 1 Ribs); - 8 new openings in Portugal: 2 Taco Bell restaurants and 6 KFC restaurants; - 9 openings in Spain: 5 KFC restaurants, 2 Pret a Manger restaurants (1 at Malaga Airport and 1 at Barcelona Airport) and 2 other restaurants at Barcelona Airport (Malvón and Carlsberg). - 3 new openings in Angola: 2 Pizza Hut restaurants and 1 KFC restaurant. By the end of 2025, the total number of units was 562 (515 owned and 47 franchised), as explained below: 86