IBERSOL • 2023 Integrated Management Report

Consolidated Financial Statements 4 lease modifications, namely regarding lease term and discount rate;  We have validated the movements occurred in the right-of-use assets and lease liabilities captions; and  We have assessed the adequacy of the respective disclosures to the financial statements, in accordance with the applicable accounting framework. Responsibilities of management and the supervisory body for the consolidated financial statements Management is responsible for:  the preparation of consolidated financial statements that give a true and fair view of the Group’s consolidated financial position, financial performance and the consolidated cash flows, in accordance with the International Financial Reporting Standards as adopted by the European Union;  the preparation of the consolidated management report, the corporate governance report and the remunerations report, in accordance with applicable laws and regulations;  designing and maintaining an appropriate internal control system to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error;  the adoption of accounting policies and principles appropriate in the circumstances; and,  assessing the Group’s ability to continue as a going concern, and disclosing, as applicable, the matters that may cast significant doubt about the Group’s ability to continue as a going concern. The supervisory body is responsible for overseeing the Group’s financial reporting process. Auditors’ responsibilities for the audit of the consolidated financial statements Our responsibility is to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatements whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 500