ORANO // Annual Activity Report 2024

Orano - Annual Activity Report 2024 68 3 RISKS, CONTROL AND DUTY OF VIGILANCE PLAN Risk factors The main risk factors are grouped by category according to their type. Their importance has been assessed on the basis of their probability of occurrence, their level of impact, and the control measures in place. In each category, the most important risk factors are mentioned first. Risk families in the Orano manual/Risk presented Sections of the 2024 Annual Activity Report Geopolitical background Geopolitical risks and international sanctions 3.3.1.1 Issues related to the energy policies of France, other States and the European Union 3.3.1.2 Recoverable nuclear materials and risks related to their requalification 3.3.1.3 Risks related to the group’s business activities Sustainability of industrial facilities, workload plans and cost control 3.3.2.1 Issues related to the group’s projects and the Back End of the Future 3.3.2.2 Issues related to end-of-lifecycle operations 3.3.2.3 Uranium reserves and resources 3.3.2.4 Impact of climate change on our facilities and activities 3.3.2.5 Cybersecurity 3.3.2.6 Subcontracting and suppliers 3.3.2.7 Transportation safety and security 3.3.2.8 Contractual and commercial issues 3.3.2.9 Risks related to social, societal and environmental commitment Nuclear safety and environmental protection 3.3.3.1 Issues related to the group’s transformation and human resources 3.3.3.2 Group commitments to employee health and safety 3.3.3.3 Financial risks Group’s ability to finance its organic and external growth 3.3.4.1 Financial issues relating to assets and liabilities related to end-of-lifecycle operations 3.3.4.2 Counterparty risk management related to the use of derivatives and cash investments 3.3.4.3 Foreign exchange risk 3.3.4.4 Interest rate risk 3.3.4.5 Regulatory and legal risks Risks of corruption and influence peddling 3.3.5.1 Legal risks involving the group 3.3.5.2 Tax issues 3.3.5.3 The fight against food waste and food scarcity, and commitments to a responsible, fair and sustainable food policy are not major issues for Orano in the context of its operations. Consequently, they are not covered in this document. Concerning respect for animal welfare, the testing carried out as part of Orano Med’s activities meet the standards in force. 3.3 Risk factors

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