IBERSOL • 2023 Integrated Management Report

Consolidated Financial Statements Changes in Intangible assets During the years ended 31 December 2023 and 2022, the movement in the value of intangible assets, as well as in the respective amortization and accumulated impair- ment losses, was as follows: Brands Industrial property Other intangible assets Intangible assets in progress Total 01 January 2022 16 316 667 16 912 143 1 411 650 1 230 242 35 870 696 Changes to the consolidation perimeter - 447 026 - - 447 026 Currency translation - 2 649 - 18 885 21 534 Additions - 2 413 845 714 714 554 367 3 682 926 Decreases - -8 738 366 -152 760 -540 976 -9 432 102 Transfers - 208 008 -5 000 -98 546 104 462 Amortization of the year from discontinued operations - -561 444 -1 866 - -563 310 Amortization for the year -1 100 000 -1 519 886 -312 405 - -2 932 291 Impairment for the year - 17 339 - - 17 339 Transfer discontinued operations - -353 497 - - -353 497 31 December 2022 15 216 667 8 827 817 1 654 333 1 163 972 26 862 783 Cost 22 000 000 40 997 069 11 945 479 1 163 972 76 106 515 Accumulated amortization -6 783 333 -27 858 312 -10 258 850 - -44 900 495 Accumulated Impairment - -4 310 940 -32 296 - -4 343 237 31 December 2022 15 216 667 8 827 817 1 654 333 1 163 972 26 862 783 Currency translation - -154 978 - -51 719 -206 697 Additions - 2 999 265 438 662 148 672 3 586 599 Decreases - -28 321 -451 663 -3 800 -483 784 Transfers - 477 017 8 948 -457 017 28 948 Amortization for the year -1 100 000 -1 984 310 -198 606 - -3 282 917 31 December 2023 14 116 667 10 136 490 1 451 674 800 108 26 504 932 Cost 22 000 000 43 042 919 10 888 280 800 108 76 731 300 Accumulated amortization -7 883 333 -28 595 489 -9 404 310 - -45 883 132 Accumulated Impairment - -4 310 940 -32 296 - -4 343 236 31 December 2023 14 116 667 10 136 490 1 451 674 800 108 26 504 932 442