Orano - Annual Activity Report 2025 418 6 FINANCIAL STATEMENTS Company financial statements – financial year ended December 31, 2025 7.4 Compensation of corporate officers The compensation paid to the Chairman of the Board and the Chief Executive Officer of the group for the period from January 1 to December 31, 2025, amounts to 572 thousand euros. 7.5 Disputes and contingent liabilities Orano may be party to certain regulatory, judicial or arbitration proceedings in the normal course of business. The group is also the subject of certain claims, lawsuits, or regulatory proceedings outside the ordinary course of business, the most significant of which are summarized below. Uramin In June 2018, Orano SA and Orano Mining became civil parties in the “acquisition” Section of the Uramin investigation, following a “notice to victim” received by AREVA SA in 2015 from the investigating judge in charge of the case. The Orano group intends to defend its interests through Orano SA and Orano Mining. The judicial investigation is still in progress and no date concerning a possible judgment has been set to date. Investigations The Company has been aware, since November 28, 2017, of a preliminary investigation opened by the French National Financial Prosecutor’s Office at the end of July 2015 concerning a uranium trading operation carried out in 2011. It also learned, on November 23, 2020, of the opening of a judicial investigation in the same case and became a civil party in December 2022. Orano is working with the legal authorities in connection with these legal proceedings, which are ongoing. If it were found in either of these cases that there had been misappropriation or any other act that could have harmed the group or one of its subsidiaries, Orano would take the necessary legal action to defend its interests. Release of the Arlit hostages On October 6, 2016, the manager of a protection services company sued AREVA SA and Orano Cycle SA before the Nanterre Tribunal de Grande Instance to obtain payment of a success fee that he claims to be due for services purportedly rendered to the AREVA group in Niger between September 2010 and October 2013. AREVA SA and Orano Cycle SA believe that these allegations are unfounded. Along with that proceeding, the parties to the suit tried to settle under court-appointed mediation. Despite the efforts of AREVA and Orano to find a compromise, this was unsuccessful. The main proceeding therefore resumed in 2020 and was concluded by a hearing on December 3, 2024. Although a decision was expected during the first half of 2025, the court pronounced by a judgment dated May 15, 2025, the revocation of the closing order issued on February 16, 2023. As a result, the proceedings have resumed. Even if the court should not accept the Orano group’s position, the financial impact would be limited, though it could entail other, indirect consequences, such as in the media. Mongolia At the end of several years of cooperation between Orano and the judicial authorities, a Public Interest Judicial Agreement (CJIP) was signed on December 2, 2024 with the French National Financial Prosecutor’s Office and then approved on December 9, 2024 by the President of the Court of Justice of Paris, for a project in Mongolia between 2013 and 2015, before the creation of Orano. This agreement holds no liability against Orano and closes any judicial investigation in France. This agreement does not constitute a judgment or a conviction. It provides for the three-year review by the French Anticorruption Agency of the implementation of the group’s compliance plan deployed since the creation of Orano in 2018 and acknowledges its collaboration with the French judicial authorities. The compliance plan led by the French Anti-corruption Agency is on track and Orano is providing its full cooperation.
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