IBERSOL • 2023 Integrated Management Report

Consolidated Financial Statements exception of the already mentioned OTs of the Republic of Angola in the amount of 1.6 million euros, subject to country risk. Deposits and other financial investments are dispersed across several credit institu- tions, therefore there is no concentration of these financial assets. The ratings of the main credit institutions where the Ibersol group has deposits on 31 December 2023 and 2022 are presented as follows: Year 2023 Year 2022 Agency Bank Deposits Rating Deposits Rating Standard & Poor´s Banco Santander (ES) 429 322 A+ 527 653 A+ Standard & Poor´s Banco Bilbao Vizcaya 2 074 825 A 5 735 684 A Standard & Poor´s La Caixa (ES) 9 518 975 A- 6 439 212 A- Standard & Poor´s Bankinter 10 904 966 A- 10 618 737 A- Standard & Poor´s Banco BPI 38 628 989 BBB+ 39 094 150 BBB+ Standard & Poor´s Banco Santander Totta 48 729 206 A- 60 115 383 BBB+ Standard & Poor´s Banco Sabadell (ES) 4 275 534 BBB+ 5 964 471 BBB Standard & Poor´s Millenium BCP 36 631 083 BBB- 83 351 401 BB+ Standard & Poor's ABANCA (ES) 97 778 BBB- 77 958 BBB- Standard & Poor's Banco Popular 492 296 A- 16 141 564 A- Moody's Caixa Geral Depósitos 981 516 A3 2 810 118 Baa2 Moody's Banco Montepio 54 654 Baa3 415 719 Ba3 Moody's Novo Banco 29 908 442 Baa2 27 668 953 Ba3 Moody's BAI (Angola) 1 503 804 B3 1 286 591 B3 Not available (others) BIC/BPN 1 339 705 n/a 943 542 n/a Not available (Angola) CAIXA TOTTA (Angola) 1 784 650 n/a 2 987 813 n/a Moody's BFA (Angola) 264 201 B3 642 603 B3 Not available (Angola) BCP (Angola) 324 087 n/a 495 614 n/a Not available (Angola) BPC (Angola) 7 703 n/a 13 340 n/a Not available (others) Others 14 897 n/a 24 273 n/a 187 966 632 265 354 779 466