Orano - Annual Activity Report 2025 374 6 FINANCIAL STATEMENTS Consolidated financial statements – financial year ended December 31, 2025 The breakdown by type of hedging strategy of currency derivatives can be analyzed as follows: December 31, 2025: (in millions of euros) Nominal amount of contracts Market value of contracts (1) Total Cash flow hedges (CFH) Fair value hedges (FVH) Unallocated (Trading) INTEREST RATE DERIVATIVE 100 – 100 – (1) EUR floating payer / EUR floating recipient 100 – 100 – (1) TOTAL 100 – 100 – (1) (1) Interest rate portion. The following tables summarize the group’s net exposure to interest rate risk, before and after management transactions: MATURITY OF THE GROUP’S FINANCIAL ASSETS AND FINANCIAL LIABILITIES AT DECEMBER 31, 2025 (in millions of euros) Less than 1 year 1 to 2 years 2 to 3 years 3 to 4 years 4 to 5 years More than 5 years Total Financial assets 2,173 – – – – – 2,173 Including fixed-rate assets 1,457 – – – – – 1,457 Including floating-rate assets 671 – – – – – 671 Including non-interest-bearing assets 46 – – – – – 46 Financial liabilities (979) (500) (499) (2) – (629) (2,610) Including fixed-rate liabilities (760) (500) (499) (2) – (629) (2,610) Including floating-rate liabilities (69) – – – – – (69) Including non-interest-bearing liabilities (151) – – – – – (151) Net exposure before hedging 1,194 (500) (499) (2) – (629) (437) Share exposed to fixed rates 697 (500) (499) (2) – (629) (934) Share exposed to floating rates 602 – – – – – 602 Non-interest-bearing share (105) (105) Derivative transactions On liabilities: fixed-rate swaps 100 – – – – – 100 On liabilities: floating-rate swaps (100) – – – – – (100) Net exposure after hedging 1,194 (500) (499) (2) – (629) (437) Share exposed to fixed rates 797 (500) (499) (2) – (629) (834) Share exposed to floating rates 502 – – – – – 502 Non-interest-bearing share (105) – – – – – (105) On the basis of the exposure at the end of December 2025, a 1% increase in interest rates over a full year would have a positive impact of 5 million euros on the cost of net financial debt and, as such, on the group’s consolidated profit (loss) before tax.
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