Orano - Annual Activity Report 2024 308 5 CORPORATE GOVERNANCE AND GENERAL INFORMATION Additional information 5.4.4.2 Agreements referred to in Article L. 225-37-4 of the French Commercial Code To Orano’s knowledge, no agreement was signed during the 2024 financial year, directly or through a third party, between the Chairman and Chief Executive Officer, one of the directors or one of the shareholders holding a fraction of more than 10% of the Company’s voting rights, and another company controlled by the Company within the meaning of Article L. 233-3 of the French Commercial Code. 5.4.4.3 Service agreements between corporate officers and the Company or its subsidiaries To Orano’s knowledge, there is no agreement or service contract between the Chairman, the Chief Executive Officer or one of the directors and the Company or one of its subsidiaries providing for the granting of compensation for layoff or dismissal or other benefits for them. 5.4.5 Main features of the Company’s internal control and risk management systems as part of the financial reporting process The Orano group internal control framework details the key controls to be implemented by all entities to address the risks identified in this accounting basis, particularly in connection with the preparation of financial information (for more information on the operation of the internal control system, see Section 3.1). Accounting and financial internal control covers the processes that feed into the accounting and financial data and mainly the processes for closing the financial statements and producing and publishing accounting and financial information. The internal control system aims to ensure: ● compliance with accounting regulations, as well as the proper application of standards and methods for preparing financial information; ● the preservation of the group’s assets; ● prevention and detection of accounting and financial irregularities or fraud; ● the reliability of accounting and financial information by controlling the production of accounting and financial information. The scope of application of the internal control procedures relating to the preparation of accounting and financial information includes the parent company (Orano SA) and all fully consolidated entities or whose assets are under joint control. At the level of the parent company, the preparation and processing of accounting and financial information is the responsibility of the Finance Department, which includes the Management Control and Accounting Department (DCGC), the Financing Operations Department. and Treasury and the Tax Department. The main role of the DCGC is to produce the separate and consolidated financial statements of the entities forming the Orano group in strict compliance with French and international accounting standards. It centralizes financial information, coordinates the monthly reporting processes and ensures the consistency of the information transmitted by the various entities. It also ensures that the group’s accounting principles are circulated to all those involved in the process, which are defined in a regularly updated document. The group Internal Audit Department is also required, as part of its work, to validate on an ad hoc basis the proper implementation by the subsidiaries of the group’s internal control accounting basis relating to financial processes and informs the Finance Department of any points of attention identified. The Financial Communication Department manages the review committees in conjunction with the DCGC in order to review the financial information before its publication. In particular, it ensures the precision, accuracy and consistency of the information with regard to both regulatory requirements and the expectations of the various players (investors, administrative authorities, rating agencies, etc.). The Audit and Ethics Committee supervises and monitors issues relating to the preparation and control of accounting and financial information. As such, it monitors the process of preparing financial information and, where applicable, makes recommendations to ensure the integrity of this process. It also ensures the effectiveness of the internal control, risk management and internal audit systems. The Statutory Auditors of Orano SA conduct a limited review of the consolidated financial statements at June 30 and certify the separate and consolidated financial statements at December 31 of each year. As part of their certification of the consolidated financial statements, the Statutory Auditors audit the information provided by the subsidiaries included in the scope selected for their work. They attend all meetings of the Audit and Ethics Committee, inform it of any significant points raised during their control work and present their audit plan for the coming financial year.
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