ORANO // Annual Activity Report 2024

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An operational risk management PRESENTATION OF THE ORANO GROUP

1.4 An operational risk management

In a constantly changing environment, the diversity of Orano’s activities exposes the group to risks of various kinds and different origins.

The establishment of a strong risk culture within the group enables the identi fi cation, anticipation, and management of these risks and associated opportunities. In an unstable geopolitical context, the group demonstrates the resilience of its activities, while remaining vigilant.

Orano has implemented a risk management system in line with the recommendations of the Autorité des marchés fi nanciers (French fi nancial markets authority - AMF), the professional standards of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and regulatory changes in sustainability, duty of vigilance and prevention of corruption.

MAPPING OF THE MAIN RISKS

High

Sustainability of industrial facilities, workload plans, cost control

Nuclear safety and environmental protection

Geopolitical risks

Financial risks

Cybersecurity Group commitments in terms of employee health and safety Risks related to the group's transformation and human resources

Risks related to the group's projects and the Back End of the Future program Uranium reserves and resources

Risks related to end-of-lifecycle operations

IMPACT

Transportation safety and security Impact of climate change on our facilities and activities

Risks of corruption and influence peddling

Tax issues

Low

High

PROBABILITY OF OCCURRENCE

Source: Orano

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Orano - Annual Activity Report 2024