IBERSOL • 2023 Integrated Management Report

STRATEGIC FRAMEWORK Below we have identified some of the aspects that are generally associated with the Ibersol Group’s business risks. A description will be given of Ibersol’s preliminary understanding of these aspects, as well as the initiatives, processes and resources used to manage them, i.e. to limit negative impacts and/or maximise positive impacts, as well as mitigate risks and/or take advantage of opportunities for the business. The global risk analysis report published by the World Economic Forum at the beginning of 2024, among other sources, was used as a reference for this analysis. Most relevant risks (top 5) for 2024 (WEF Global Risks Report 2024) Most relevant risks (top 10) over the next 2 and 10 years (WEF Global Risks Report 2024) Economic Environmental Risk categories Geopolitical Societal Technological Economic Environmental Risk categories Geopolitical Societal Technological 66% 53% 46% 42% 39% 1 st Extreme weather 2 nd AI-generated misinformation and disinformation 3 rd Societal and/ or political polarization 4 th Cost-of-living crisis 5 th Cyberattacks 2 years 1 st 2 nd 3 rd 4 th 5 th 6 th 7 th 8 th 9 th 10 th Misinformation and disinformation Extreme weather events Societal polarization Cyber insecurity Interstate armed conflict Lack of economic oportunity Inflation Involuntary migration Economic downturn Pollution 10 years 1 st 2 nd 3 rd 4 th 5 th 6 th 7 th 8 th 9 th 10 th Extreme weather events Critical change to Earth systems Biodiversity loss ans ecosystem collapse Natural resource shortages Misinformation and disinformation Adverse outcomes of AI technologies Involuntary migration Cyber insecurity Societal polarization Pollution 58