IBERSOL | Integrated Management Report 2022

INTEGRATED MANAGEMENT REPORT 2022 Treasury bond changes In 2022 and 2021 changes in treasury bonds are presented as follows: Typology Acquisition Date Due Date Amount as of 31/12/2021 Purchase of TB TB reimbur- sement Exchange rate effect Chage in impairment losses Amount as of 31/12/2022 Gross annual return indexed to USD 22/01/2016 16/09/2022 946 769 - -1 008 677 - 61 908 - 5% non- readjustable 16/03/2021 29/09/2022 32 691 - -34 972 - 2 281 - 12% non- readjustable 25/05/2021 16/10/2022 281 882 - -287 922 - 6 040 - 16% non- adjustable 07/04/2021 26/10/2022 77 449 - -97 583 - 20 134 - 12% non- adjustable 05/05/2021 28/02/2023 131 173 - - 26 544 12 640 170 356 17% non- adjustable 04/10/2021 21/04/2023 155 349 - - 31 960 15 354 202 664 16% non- adjustable 25/05/2021 08/07/2023 166 699 - - 35 258 16 748 218 705 16% Total TB Current 1 792 012 - -1 429 154 93 762 135 105 591 725 non- readjustable 24/11/2021 31/07/2024 108 695 - - - 2 826 111 521 17% index-linked USD 06/05/2021 31/08/2024 279 249 - - 28 733 6 595 314 577 7% non- adjustable 06/10/2022 14/03/2024 - 476 620 - - -41 865 434 755 17% non- adjustable 06/09/2022 14/03/2024 - 379 440 - - -33 492 345 948 17% non- readjustable 19/09/2022 31/07/2024 - 189 069 - - -21 398 167 671 17% index-linked USD 21/09/2022 15/03/2024 - 65 434 - 24 251 -5 818 83 867 5% non- adjustable 06/10/2022 11/03/2026 - 483 595 - - -56 286 427 310 19% non- adjustable 15/12/2022 11/03/2026 - 292 950 - - -33 771 259 179 19% non- adjustable 15/12/2022 15/03/2025 - 182 899 - - -21 726 161 172 17% non- adjustable 15/12/2022 05/04/2025 - 194 435 - - -23 302 171 133 17% Total TB Non-Current 387 944 2 264 442 - 52 984 -228 237 2 477 133 461