Orano - Annual Activity Report 2025 175 SUSTAINABILITY STATEMENT 4 Environmental information 2025 BREAKDOWN OF WATER CONSUMPTION BY ACTIVITY AND REGION By region By activity 34% 11% 55% Front End Back End Mining Europe (Outside France) Africa and Middle East Asia France North America Source: Orano 34% 1% 45% 0% 20% 4.2.2.5 Financial impacts related to water resources Orano is working to quantify the financial impacts of risks and opportunities related to water resources. The group plans to publish this information within two years, in accordance with the provisional requirements set out in the standard. 4.2.3 Anticipating impacts on biodiversity [E4] 4.2.3.1 Biodiversity in the strategy and business model Orano’s activities are mainly based on the extraction of uranium ores and the provision of services for its electricity customers. Orano’s business model, based on the recovery of mineral materials, does not rely on biological resources and is therefore not directly dependent on biodiversity and ecosystems. An analysis of impacts, dependencies, risks and opportunities (IRO) related to biodiversity was carried out in 2024 as input into the double materiality analysis and helped confirm this analysis from the perspective of Orano’s business model resilience. However, the very nature of the group’s mining and industrial activities inevitably contributes to various factors of pressure on biodiversity, and several of our activities are also exposed to physical and transition risks. While the resilience of Orano’s strategy and business model is considered rather strong, the fact remains that certain systemic, physical, and transition risks related to biodiversity and ecosystems may have an impact on the successful completion of the group’s mining and industrial activities. Considering all the group’s activities and their value chain (Upstream and Downstream), and projecting a potential future situation where all the identified physical and transition risks (temporary shutdown of a site due to severe water stress, or loss of a mineral deposit due to extremely strict regulations on biodiversity conservation, etc.) linked to biodiversity and ecosystems would all occur simultaneously at their maximum intensity, the results show that even if some of the group’s facilities may experience difficulties from time to time, the impacts remain temporary and/or limited to the site in question and do not significantly call into question the current strategy and business model. As such, Orano considers that the actions carried out on behalf of biodiversity and ecosystems are part of a policy to mitigate its impacts, risks and dependencies, and not a transition plan for its business model or its strategy.
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