IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 Basic Basic earnings per share is calculated by dividing earnings attributable to sharehold- ers by the weighted average number of common shares issued during the period, excluding common shares acquired by the company and held as treasury stock. Diluted Diluted earnings per share is calculated by dividing earnings attributable to share- holders, adjusted for dividends on convertible preferred stock, interest on convertible debt and gains and expenses resulting from the conversion, by the weighted average number of common shares issued during the period plus the average number of com- mon shares issuable on the conversion of dilutive potential common shares As at 31 December 2023 and 2022, basic and diluted earnings per share were calcu- lated as follows: 2023 2022 Profit attributable to equity holders Continuing operations 14 731 980 16 696 690 Discontinued operations 805 466 143 178 459 Number of shares issued at the beginning of the year 46 000 000 46 000 000 Number of shares issued at the end of the year 42 359 577 46 000 000 Weighted average number of ordinary shares issued (i) 43 815 746 46 000 000 Weighted average number of treasury shares (ii) 1 456 952 3 601 643 Weighted average number of shares outstanding (i-ii) 42 358 794 42 398 357 Basic earnings per share (euros per share) Continued operations 0,35 0,39 Discontinued operations 0,02 3,38 Diluted earnings per share (€ per share) Continued operations 0,35 0,39 Discontinued operations 0,02 3,38 Number of treasury shares at the end of the period 477 491 3 640 423 As there are no preferred voting rights, basic earnings per share equals diluted earn- ings per share. 471