Orano - Annual Activity Report 2025 169 SUSTAINABILITY STATEMENT 4 Environmental information Analysis results Financial year 2025 Indicators Total amount (in millions of euros) Share of eligible activities Amount of aligned activities Share of activities aligned Breakdown of taxonomy-aligned activities by environmental objectives Share of enabling activities Share of transitional activities Activities not assessed considered non-material Amount of taxonomy-aligned activities, year n-1 Proportion of activities aligned with the taxonomy, year n-1 Climate change mitigation Climate change adaptation Water Pollution Circular economy Biodiversity €M % €M % % % % % % % % % % €M % Turnover 5,138 0.0% 0.0 0% 0% 0% 0% 0% 0% 0% 0% 0% 1.1% 13.2 0.2% CapEx 1,320 9.2% 6.3 0.5% 0% 0% 0% 0% 0% 0% 0% 0% 4.7% 31.7 3.1% OpEx 649 0.0% 0.0 0% 0% 0% 0% 0% 0% 0% 0% 0% 0.0% 0.0 0.0% Capital Expenditure (CapEx) Orano analyzed the eligibility and alignment of its investments (Capex), focusing on eligible activities. The eligible capital expenditure ratio is equal to 9.2%. The aligned capital expenditure ratio is equal to 0.5%. Key performance indicator Capex Financial year N 2025 Economic activities Code Share of eligible activities Amount of aligned activities Share of activities aligned Breakdown of taxonomy-aligned activities by environmental objectives Share of enabling activities Share of transitional activities Share of activities aligned with eligible activities Climate change mitigation Climate change adaptation Water Pollution Circular economy Biodiversity % €M % % % % % % % E T % 7.7 Acquisition and ownership of buildings CCM 7.7 9.2% 6 0.5% 0.5% 0% 0% 0% 0% 0% 5.2% Sum of alignment per objective 0.5% 0% 0% 0% 0% 0% TOTAL INDICATOR – CAPEX 9.2% 6 0.5% 0.5% 0% 0% 0% 0% 0.0% 0% 0% 5.2% RECONCILIATION TABLE OF TOTAL CAPEX (DENOMINATOR) WITH THE FINANCIAL STATEMENTS Amount (in millions of euros) 2025 2024 Note to the financial statements (Chapter 6) Investments – intangible assets 136 125 Note 10 Investments – property, plant, and equipment 1,145 873 Note 11 New leases – Right-of-use assets 39 40 Note 12 TOTAL CAPEX 1,320 1,038 Outlook and voluntary position Orano’s main activities related to the fuel cycle are not mentioned in the Taxonomy framework applicable at December 31, 2025. However, the group’s entire activities, in Mining, Front End, and Back End of the cycle, participate in the value chain of nuclear power generation, which is a source of reliable, controllable, and decarbonized energy necessary for the energy transition. These activities are therefore essential for the operation of the nuclear sector, itself eligible for the Taxonomy according to the European Union amending delegated act 2022/1214.
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