IBERSOL • 2023 Integrated Management Report

Consolidated Financial Statements FISCAL BOARD REPORT To the Shareholders of IBERSOL SGPS, S.A.: In compliance with the legal and statutory requirements, the Fiscal Board in the fulfilment of the mandate in which he is invested, the Fiscal Board prepared this report on its supervisory action carried out in the 2023 fiscal year, as well as on the Management Report and remain- ing consolidated and individual financial statements of the company, presented by the Board of Directors and related to the year ended on December 31, 2023, and issues the consequent opinion: 1. Supervisory Activity Report: The Fiscal Board accompanied, within the scope of its competencies and mandate, dur- ing the 2023 financial year, the management of the company and its subsidiaries, having received for that purpose, timely and adequate information from the Company’s Board of Directors and the Statutory Auditor KPMG & Associados, SROC, S.A. Over the course of 2023 the Fiscal Council held thirteen meetings with all members present, which examined and considered the matters subject to its powers and duties were analysed, with minutes being drawn up of all the meetings held. The ordinary quarterly meetings were always attended by the Auditor, KPMG & Associados, SROC, S.A. , represented by the Statu- tory Auditor Dr. Pedro Manuel Bouça de Morais Alves, Statutory Auditor number 1466. The Statutory Auditor / External Auditor KPMG & Associados, SROC, SA presented and pro- posed to the Audit Committee, in a meeting convened for the purpose, the “2023 Year-End Audit Plan and Strategy” with the main points of the plan of its supervisory activity, as well as the performance calendar of the members assigned to the team to the economic year. Along the exercise they provided the detailed information about the actions performed and the resulting conclusions. The Fiscal Board also had the participation of the Board of Directors in its quarterly meetings, from whose members it received information over the society’s activity and explanations needed to understand the activity and financial information drawn up by same Board of Directors in previously moment to its disclosure. The Fiscal Board did not come across any constraint during their supervision action, having monitored the system for receiving and handling reports of irregularities, including through the Internal Reporting Channel created by the company. The Fiscal Board exercised its powers to supervise the activities and independence of the Ex- ternal Auditor and the Auditor, having the perception that the recommended practices were observed; and the Fiscal Board has rendered its approval to additional services to the audito- ry services that were hired to the External Auditor, having considered that it’s independence was safeguarded, its remuneration was contained in market conditions, and, therefore, it was 506