Orano - Annual Activity Report 2024 374 6 STATEMENTS Consolidated financial statements - financial year ended December 31, 2024 The breakdown by type of hedging strategy of currency derivatives can be analyzed as follows at December 31, 2024: (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 TRANSACTIONS 100 - 100 - (2) EUR variable payer / EUR variable recipient 100 - 100 - (2) TOTAL 100 - 100 - (2) (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, 2024 (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 1,951 - - - - - 1,951 including fixed-rate assets 1,258 - - - - - 1,258 including floating-rate assets 671 - - - - - 671 including non-interest-bearing assets 22 - - - - - 22 Financial liabilities (315) (749) (499) (499) (1) (660) (2,722) including fixed-rate liabilities - (747) (499) (499) (1) (660) (2,405) including floating-rate liabilities (219) - - - - - (220) including non-interest-bearing liabilities (96) (2) - - - - (98) Net exposure before hedging 1,636 (749) (499) (499) (1) (660) (771) share exposed to fixed rates 1,258 (747) (499) (499) (1) (660) (1,147) share exposed to floating rates 452 - - - - - 452 non-interest-bearing share (74) (2) - - - - (76) Off-balance sheet hedging on liabilities: fixed-rate swaps - 100 - - - - 100 on liabilities: floating-rate swaps - (100) - - - - (100) Net exposure after hedging 1,636 (749) (499) (499) (1) (660) (771) share exposed to fixed rates 1,258 (647) (499) 499 (1) 660 (1,047) share exposed to floating rates 452 (100) - - - - 352 non-interest-bearing share (74) (2) - - - - (76) On the basis of the exposure at the end of December 2024, a 1% increase in interest rates over a full year would have an adverse impact of 4 million euros on the cost of net debt and, as such, on the group’s consolidated profit (loss) before tax.
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