IBERSOL | Integrated Management Report | 2025

1. INTRODUCTION 4
1.1 Message from the Chairman of the Board 6
1.2 About this Report 8
1.3 Main events 8
1.4 Main indicators 12
2. DESCRIPTION OF THE IBERSOL GROUP 18
2.1 Mission, Vision and Values 20
2.2 Share structure 22
2.3 Business portfolio 22
2.4 Shareholder structure 24
2.5 Governing bodies 26
2.6 Functional organisation chart 28
3. FINANCIAL YEAR ACTIVITY 30
3.1 RESTAURANTS 32
3.2 COUNTERS 52
3.3 TRAVEL 72
3.4 CATERING 80
4. FINANCIAL PERFORMANCE 83
4.1 Consolidated financial performance 88
4.2 Financial results 93
4.3 Consolidated net results 94
4.4 Financial position 94
4.5 Individual Net Result and Proposed Application of Results 100
4.6 Information on treasury stock transactions 100
4.7 Subsequent Facts 100
4.8 Future outlook 102
5. NON-FINANCIAL STATEMENT 108
5.1 General Information 110
5.2 Environmental information 154
5.3 Social information 189
5.4 Governance information 227
6. ACKNOWLEDGMENTS 230
7. CORPORATE GOVERNANCE REPORT 235
8. CONSOLIDATED FINANCIAL STATEMENTS 362
9. INDIVIDUAL FINANCIAL STATEMENTS 490

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