ORANO // Annual Activity Report 2024

CORPORATE GOVERNANCE AND GENERAL INFORMATION

Administration and management of the Company

To the best of the Company’s knowledge, no Director of the Company has been convicted, in the last fi ve years, of fraud, bankruptcy, receivership, liquidation or a placement under judicial administration, or has been prohibited by a court from exercising the function of member of an administrative, supervisory or management body of an issuer or from intervening in the management or conduct of the business of an issuer.

Secretary of the Board Christelle LE CALVEZ serves as Secretary of the Board of Directors.

5.1.1.4 Independence of the members of the Board of Directors The Afep-Medef Code (Article 10.3) recommends that in controlled companies, within the meaning of Article L. 233-3 of the French Commercial Code, at least one-third of all Board members should be independent and speci fi es that those directors representing employees are not counted in establishing this proportion. As of the date of this report, the Board of Directors has four independent directors. The proportion of at least one-third independent members recommended by the Afep-Medef Code is thus met, it being noted that the directors representing employees are not counted in establishing this proportion. Based on a recommendation made by the Compensation and Nominating Committee on February 11, 2025, the Board of Directors, at its meeting of February 18, 2025, considered the following Board members to be independent as per the criteria of The Board of Directors reviewed the independence of the Company’s directors with regard to all the criteria set out in the Afep Medef Code by referring to a statement questionnaire completed by each director. In particular, the Board of Directors examined any business relationships that may exist between the Company and the companies in which these directors hold of fi ces and noted that none of the independent members has any signi fi cant business relationships with the Company. The primary basis for this assessment is the insigni fi cant share of revenue generated by existing business relationships, if any, compared to the respective revenue of the Company and the companies in which the members concerned hold a position. The table below shows the situation of each director with regard to the independence criteria set out in Article 10 of the Afep-Medef Code. the Afep-Medef Code: ● Claude IMAUVEN; ● Anne-Sophie LE LAY; ● Patrick PELATA; and ● Marie-Hélène SARTORIUS.

5.1.1.3 Other participants in the Board of Directors

Economic and Financial Controller General Pursuant to French Decree No. 83-1116 of December 21, 1983, as amended, the following general economic and fi nancial control functions within the Company were performed in 2024 by the following persons: ● Vincent BERJOT, appointed by decree of the Ministry of the Economy and Finance of September 20, 2018, until March 6, 2024; ● Sylvain ROUSSELLE, appointed by decree of the French Ministry of the Economy and Finance from March 7, 2024, until 31 May 2024; ● Cécile COURAULT, appointed by decree of the French Ministry of the Economy and Finance of June 1, 2024, since June 1, 2024. Government Commissioner Sophie MOURLON was appointed Director General of the Directorate General for Energy and Climate (DGEC) by French decree of July 21, 2023, and has since that date served as Government Commissioner for the Company, pursuant to French Decree No. 83-1116 of December 21, 1983 as amended, replacing Laurent MICHEL. In this capacity, she attends the meetings of the Board of Directors and its specialized committees. Pursuant to Article 3 of French Decree No. 83-1116 of December 21, 1983 as amended and relative to the Company, the deliberations of the Board of Directors become fully enforceable unless the Government Commissioner or other authority responsible for economic and fi nancial control opposes them within fi ve days of either the meeting of the Board of Directors, if they were present thereat, or following receipt of the minutes of the meeting. This opposition, of which the Minister of the Economy and the Minister of Energy must be immediately informed by the party presenting the opposition, ceases to have effect if, within fi fteen days, it has not been upheld by one of these Ministers. Non-voting board member Article 14.6 of the Company’s Articles of Association stipulates that the Board of Directors may appoint one or more non-voting board members to assist it in the performance of its duties. On the recommendation of the Compensation and Nominating Committee, the Board of Directors’ meeting of October 29, 2019, decided not to renew this position at the end of the term of of fi ce of its last non-voting board member on May 23, 2019.

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Orano - Annual Activity Report 2024