Orano - Annual Activity Report 2024 401 FINANCIAL STATEMENTS 6 Company financial statements - financial year ended December 31, 2024 5.3 Financial investments GROSS AMOUNT In thousands of euros Notes 2023 Merger Contribution Spin-off Increase Decrease Transfer from one line to another 2024 Equity interests 5.3.1 7,336,737 - 55,138 105 - 7,391,770 Loans to associates 5.3.2 3,144,414 - 142,135 423,417 - 2,863,132 Financial assets earmarked for end-of-lifecycle operations - - - - - - Other long-term securities 250 - 150 - - 400 Loans - - - - - - Other financial investments: ● Receivables related to end-of-lifecycle operations - - - - - - ● Dismantling assets – Third-party share - - - - - - ● Miscellaneous financial investments 5.3.3 14,110 - - - - 14,110 TOTAL FINANCIAL INVESTMENTS 10,495,511 - 197,423 423,522 - 10,269,412 5.3.2 Loans to associates This item, amounting to 2,863,132 thousand euros, concerns medium-term loans granted to group companies, including accrued interest (see Note 5.6.1 Loans to associates). The main companies concerned at December 31, 2024 were: ● Orano Chimie-Enrichissement: 1,090,407 thousand euros; ● Société Enrichissement Tricastin: 690,067 thousand euros; ● Orano Canada Inc.: 574,294 thousand euros; (858,455 thousand Canadian dollars) ● Orano Mining: 300,915 thousand euros; ● Uramin Centrafrique: 113,371 thousand euros; ● Orano Med Manufacturing: 55,097 thousand euros; ● Orano Temis: 20,006 thousand euros; and ● SI-nerGIE: 13,426 thousand euros. The increases for the financial year mainly concern loans granted during the 2024 financial year to: ● Orano Chimie-Enrichissement: 101,407 thousand euros; ● Orano Med Manufacturing: 25,097 thousand euros; and ● Orano Support: 5,550 thousand euros. The decreases over the period concern exchange rate changes and the repayments made during the 2024 financial year for the following companies: ● Société Enrichissement Tricastin: 210,088 thousand euros; ● Orano Canada Inc.: 148,096 thousand euros; and ● Orano Mining: 56,192 thousand euros. 5.3.1 Equity interests This item amounts to 7,391,770 thousand euros. It consists mainly of the following equity investments: ● Orano Mining: 2,356,194 thousand euros; ● Orano Recyclage: 1,798,236 thousand euros; ● Orano Chimie-Enrichissement: 1,471,390 thousand euros; ● Orano Nuclear Packages and Services: 744,000 thousand euros; ● Orano USA LLC: 358,391 thousand euros; ● Orano Med Manufacturing: 235,782 thousand euros; ● Orano Démantèlement: 200,302 thousand euros; ● Orano Support: 122,069 thousand euros; and ● Orano Projets: 63,844 thousand euros. The increase in equity interests mainly corresponds to the subscription to the capital increase of Orano Med Manufacturing for 55,000 thousand euros in October 2024. 5.3.3 Miscellaneous financial investments The item “Miscellaneous financial investments” includes Orano SA’s stake in: ● Elini mutual insurance company: 8,790 thousand euros; ● BlueRe mutual insurance company: 320 thousand euros; and ● Miris mutual insurance company: 5,000 thousand euros.
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