Orano - Annual Activity Report 2024 364 6 STATEMENTS Consolidated financial statements - financial year ended December 31, 2024 Assumed rate of salary increase for the calculation of provisions includes inflation. The rates in square brackets show average revaluations at the beginning of a career, which are assumed to be higher, and those at the end of a career. Management personnel Non-management personnel December 31, 2024 December 31, 2023 December 31, 2024 December 31, 2023 France [3.7% - 2.5%] [3.9% - 2.7%] [3.25% - 2.5%] [3.45% - 2.7%] Financial assets As of December 31, 2024, financial assets consisted of bonds for 98% and other monetary instruments for 2% (breakdown unchanged from December 31, 2023). Effective return on plan assets December 31, 2024 December 31, 2023 Europe 3.9% 4.9% Breakdown of net amount recognized (in millions of euros) Medical expenses and accident/ disability Retirement benefits Longservice awards Early retirement benefits Supplemental retirement benefits December 31, 2024 31 December 2023 Actuarial liabilities 2 312 6 450 39 809 863 Fair value of hedging assets - 72 - 180 29 281 349 NET AMOUNT RECOGNIZED 2 239 6 270 10 528 514 Sensitivity of the actuarial liabilities to changes in the discount rate An across-the-board decrease in the discount rate of 0.25% would increase defined benefit obligations by 17 million euros. (in millions of euros) Medical expenses and accident/ disability Retirement benefits Longservice awards Early retirement benefits Supplemental retirement benefits Total Actuarial liabilities At December 31, 2023 2 309 6 504 42 863 Current service cost - 15 - 16 - 32 Past service costs (including plan changes and reductions) - (3) - (2) - (5) Disposals/liquidation/plan reductions - - - - - - Accretion expense - 10 - 16 2 28 Employee contributions - - - - - - Plan transfer - - - - - - IMPACT ON THE INCOME STATEMENT - 23 - 31 2 56 Experience differences - 10 - (11) (1) (2) Demographic assumption differences - - - - - - Difference in financial assumptions - (3) - (4) - (7) IMPACT ON OTHER ITEMS OF COMPREHENSIVE INCOME - 7 - (15) (1) (9) Benefits paid during the year - (26) - (61) (3) (91) Change in scope * - - - (9) - (9) Currency translation differences - - - - - - ACTUARIAL LIABILITIES AT DECEMBER 31, 2024 2 312 6 450 39 809 * See Note 2.
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