Orano - Annual Activity Report 2025 362 6 FINANCIAL STATEMENTS Consolidated financial statements – financial year ended December 31, 2025 DECEMBER 31, 2024 (in millions of euros) Katco SET Orano DS Mining Front End D&S Country Kazakhstan France France Percentage stake in non-controlling interests 49.00% 5.00% (1) 26.14% Revenue 479 1,006 422 Net income 273 411 19 Of which attributable to non-controlling interests 134 21 5 Of which an additional 11% attributable to non-controlling interests 30 Current assets 204 721 205 Non-current assets 400 3,993 42 Current liabilities (45) (345) (178) Non-current liabilities (27) (983) (35) Net assets 532 3,385 34 Of which attributable to non-controlling interests 261 169 9 Cash flow from operating activities 232 583 19 Cash flow from investing activities (148) (296) (3) Cash flow from financing activities (134) (183) (11) Change in net cash (51) 103 5 Dividends paid to non-controlling interests (80) (1) (2) (1) SET and SET Expansion are held directly by SET Holding, whose purpose is to finance its subsidiaries. The data presented for SET, SET Expansion and SET Holding are aggregated. NOTE 24 EMPLOYEE BENEFITS Depending on the prevailing laws and practices of each country, the group’s companies make end-of-career payments to their retiring employees. Long-service awards and early retirement pensions are also paid, while supplementary pensions contractually guarantee a given level of income to certain employees. The group calls on an independent actuary to evaluate its commitments each year. In some companies, these commitments are covered in whole or in part by contracts with insurance companies or pension funds. In such cases, the obligations and the covering assets are valued independently. The difference between the commitment and the fair value of the hedging assets is either a funding surplus or a shortfall. In the event of a shortfall, a provision is recorded. In the event of a surplus, an asset is recognized (subject to special conditions). Insurance contract assets may only be used to finance the expenses of the plans covered. The group’s key benefits The “CAFC plan” (Congés anticipation fin de carrière) is an early retirement plan consisting of a working time account with matching contributions from the employer for personnel who work nights or in certain jobs identified in the agreement. ANALYSIS OF EMPLOYEE BENEFITS ON THE STATEMENT OF FINANCIAL POSITION (in millions of euros) December 31, 2025 December 31, 2024 EMPLOYEE BENEFITS 549 528 Medical expense and accident/disability 26 2 Retirement benefits 247 239 Long-service awards 7 6 Early retirement benefits 260 270 Supplemental retirement benefits 9 10
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