Annual Activity Report 2025

Orano - Annual Activity Report 2025 338 6 FINANCIAL STATEMENTS Consolidated financial statements – financial year ended December 31, 2025 NOTE 3 SEGMENT INFORMATION By business segment 2025 INCOME (in millions of euros) Mining Front End Back End Corporate, other operations and eliminations Total Gross revenue 1,506 1,406 2,591 (365) 5,138 Inter-segment sales (14) (156) (239) 409 – CONTRIBUTION TO REVENUE 1,492 1,250 2,352 44 5,138 OPERATING INCOME BEFORE END-OF-LIFECYCLE ACTIVITY 353 590 97 (80) 960 Income from end-of-lifecycle activities – (122) (322) – (443) OPERATING INCOME 353 468 (224) (80) 516 Share in net income of joint ventures and associates – – – – 7 Net financial income (expense) – – – – 173 Income tax – – – – (147) NET INCOME FOR THE PERIOD – – – – 550 EBITDA* 519 519 390 (45) 1,382 % of gross revenue 34.5% 36.9% 15.0% n/a 26.9% n/a.: not applicable. * See Notes 1.3.5 and 6. At December 31, 2025, the group generated approximately 55% of its revenue with EDF. 2025 BALANCE SHEET (in millions of euros) Mining Front End Back End Corporate, other operations and eliminations Total Intangible and tangible fixed assets (including goodwill and right-of-use assets on leases) 2,404 4,970 4,637 277 12,288 End-of-lifecycle assets and assets earmarked for end of lifecycle operations – 1,823 6,962 – 8,785 Other non-current assets 58 – 5 330 393 SUBTOTAL: NON-CURRENT ASSETS 2,463 6,793 11,604 607 21,465 Inventories and receivables (excluding tax receivables) 683 943 1,143 400 3,170 Other current assets – – 1 2,196 2,197 SUBTOTAL: CURRENT ASSETS 683 943 1,144 2,596 5,366 TOTAL ASSETS 3,145 7,736 12,747 3,203 26,832

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