IBERSOL | Integrated Management Report | 2025

INTEGRATED MANAGEMENT REPORT 2025 EBIT (Earnings before Interest and Taxes) Operational Results for continuing operations EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) Operating results for continuing operations less amortization, depreciation and impairment losses of tangible fixed assets, Rights of Use, Goodwill and Intangible Assets EBITDA without IFRS16 EBITDA excluding the application of IFRS16 to space rental contracts, thus presenting all rents for the period as operational expenses, in External Supplies and Services Capex Tangible and intangible assets additions Financial Result Financial income and gains + Gains (losses) in associated and joint controlled sub. - Financial Expenses and Losses Interest Coverage EBITDA / Financing Costs Net Bank Debt Bonds + bank loans + other loans + financial leases - cash, bank deposits, other non-current financial assets and other current financial assets Net Debt Net Bank Debt + Liability for Leases Gearing Net Debt / (Net debt + Equity Capital) Financial Autonomy ratio Equity/Total Assets 99