ORANO // Annual Activity Report 2024

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SUSTAINABILITY STATEMENT Environmental information

DESCRIPTION OF ACTIONS TO MITIGATE TRANSITION RISKS AND CAPTURE OPPORTUNITIES

Issue

Identi fi ed actions

● Maintain an exemplary industrial role and the sector’s relations with States ● Strengthen security at international sites in countries most affected by global warming ● Diversify supply sources

Policies

● Prepare the need to renew and extend the group’s mining capacities

Market

● Intensify the education of the general public on the bene fi ts of the solution provided by the nuclear industry ● Continue the transition to ISR mining techniques, which have the advantage of producing very little waste or residues ● Promote the group’s commitment as a responsible player ● Maintain investments in R&D and innovation to complete ongoing development projects ( e.g. , waste transmutation) ● Maintain a strategic watch on the sectors driving the transition and invest today in many new technologies with business synergies ( e.g. , batteries) ● Maintain a watch on strategic supplies ● Anticipate discussions with the safety authority regarding the challenges of certain regulatory decisions ● Maintain a balance between the need for technical challenge and innovation support

Reputation

Technology

Regulations and legal

Thus, Orano is preparing to anticipate market needs and, more broadly, to participate in the structuring of the nuclear industry to contribute to a low-carbon world.

Assumptions underlying the analysis Transition risks are assessed against IEA scenarios. Physical risks are assessed taking into account the relevant hazards of AR 11 of ESRS E1. They were analyzed on the basis of the RCP-4.5 and RCP-8.5 emission scenarios, up to 2050 and beyond.

HAZARDS TAKEN INTO ACCOUNT IN THE PHYSICAL RISK ANALYSIS

Hazards taken into account in the physical risk analysis

Incidents not relevant to Orano

Chronic

Acute

● Changing temperature (air, freshwater, marine water) ● Heat stress ● Temperature variability

● Heatwave and extreme heat wave ● Cold wave/frost ● Wild fi re ● Cyclones, hurricanes, typhoons ● Storms (including blizzards, dust, and sandstorms) ● Tornado ● Drought ● Heavy precipitation (rain, hail, snow/ice) ● Flood (coastal, fluvial, pluvial, ground water) ● Marine submersion Marine heat waves

Temperature related

Permafrost thawing

● Changing wind patterns

Wind-related

● Changing precipitation patterns and types (rain, hail, snow/ice) ● Precipitation or hydrological variability ● Saline intrusion

Ocean acidi fi cation Glacial lake outburst

Water-related

● Sea level rise ● Water stress ● Coastal erosion ● Soil erosion ● Solifluction

● Landslide ● Subsidence RGA

Avalanche Soil degradation

Solid mass related hazards

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Orano - Annual Activity Report 2024