ORANO // Annual Activity Report 2024

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SUSTAINABILITY STATEMENT Environmental information

Short-term target raised to -25% of scopes 1 and 2 market-based emissions compared to 2019 Orano began a program to reduce its greenhouse gas emissions in 2004. This enabled a -57% reduction in scope 1 and scope 2 emissions between 2004 and 2019, in particular through new, more

energy-ef fi cient facilities, a reduction in heavy fuel oil consumption and elimination of SF 6 emissions.

CHANGE IN ORANO SCOPES 1 AND 2 MARKET-BASED GREENHOUSE GAS EMISSIONS

-58%

1,154

-75%

GES scope 2 market-based

Orano objective for 2025 and 2030 (-25% vs. 2019)

732

-40%

ktCO 2 e unit

479

466

GES scope 1

359 ktCO 2 e

383

362

350

290

2004

2015

2019

2020

2021

2022

2023

2024

-58%

1 154

675

-40%

Orano objective for 2025 and 2030 (-25% vs. 2019)

KtCO 2 e

82

479

38

9

350

28

43

359 ktCO 2 e

3

14

290

2004 scope 1 and 2 market based emissions

Modernization of conversion plants (France)

2019 scope 1 and 2 market-based emissions

Closing of the Cominak mine (Niger)

Shutdown of fuel oil boilers in

Activity related changes

2023 scope 1 and 2 market-based emissions

Impact of Somaïr’s activity

Financing of photovoltaic projects in Kazakhstan and Canada

Other operational impacts

Development of a new deposit at Katco

2024 scopes 1 and 2 market-based emissions

la Hague (France)

Source: Orano

The group has set itself in 2023 a short-term objective of reducing its direct and indirect GHG emissions (scopes 1 and 2) by an additional -25% by 2025 compared to 2019 (or -50% vs . 2015). This objective is aligned with the Paris Agreement and a “1.5°C” trajectory according to the Science-Based Target Initiative (SBTI) framework. It is based as well as an industrial vision updated annually, on the analysis of decarbonization levers and locked-in emissions. Orano has already in 2024 achieved a 40% reduction in its scopes 1 and 2 market-based emissions vs . 2019 but anticipates future increases related to the increase in its activity as part of the nuclear revival and the launch of new activities in line with its purpose. As part of the renewal of its Commitment roadmap for 2030 at the end of 2024, the group is extending its commitment to maintain the 25% reduction in its scopes 1 and 2 market-based emissions

in 2030 vs . 2019 in a context of increased activity. This target is assessed “Well below 2°C” by the Science-Based Target Initiative (SBTI) model, which does not take into account the reductions in emissions made by the group between 2004 and 2019. In 2030, this new target will reduce the group’s emissions by -70% compared to 2004 and -50% compared to 2015. This is in line with the French National Low Carbon Strategy (SNBC v2 of 2020) which expects -40% in 2030 vs. 1990 and -28% in 2030 vs. 2015. This reflects France’s plan to be aligned with the Paris Agreement and will be revised soon to be aligned with the European Union (EU) “Fit for 55” ambition. The group’s objectives will ultimately contribute to the reduction in emissions per kWh of nuclear origin (between 4g CO 2 /kWh according to EDF life cycle analysis and 12g CO 2 /kWh in the IPCC literature).

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Orano - Annual Activity Report 2024