IBERSOL • 2023 Integrated Management Report

INTEGRATED MANAGEMENT REPORT 2023 3  We have carried out sensitivity analyses to changes in the relevant assumptions used;  We have involved our valuations specialists in order to assess the discounted cash flow model and the average cost of capital rate considered in the valuations made by the Group; and  We assessed the adequacy of the respective disclosures to the financial statements, in accordance with the applicable accounting framework. Measurement of right-of-use assets (218,816,592 euros) and lease liabilities (229,007,968 euros) See notes 6.4 and 8.4 to the consolidated financial statements. The Risk Our response to the identified risk The measurement of right-of-use assets and lease liabilities, namely in relation to new leases and lease modifications, involves significant amounts, given the Group's large number of leases, and entails management judgements regarding lease term and discount rates, so it was assessed as a key audit matter. Our audit procedures included, amongst others, those that we describe below:  We have assessed the design and implementation of the main controls implemented by the Group in this area and the adequacy of the accounting policies adopted, considering the requirements of the standard;  We have tested the completeness of the lease contracts;  We have tested a sample of new lease contracts to validate the contractual clauses that support the recognition of the respective right of use assets and lease liabilities;  We have analysed the passenger traffic data in the airports of Spain where Group acts as a lessee in lease contracts and the respective accounting impacts, considering the requirements of the accounting standard and the applicable legislation and contractual clauses;  We have assessed the estimates and judgments made for new leases and 499