ORANO // Annual Activity Report 2024

6

STATEMENTS Consolidated fi nancial statements - fi nancial year ended December 31, 2024

NOTE 4 ADDITIONAL INFORMATION BY TYPE

December 31, 2024 December 31, 2023

(in millions of euros)

Payroll expenses (1)

(1,665) 19,970

(1,548) 19,266

Average full-time equivalent workforce (2)

(1) Excluding post-employment bene fi ts. (2) Including work-study students and fi xed-term contracts.

NOTE 5 OTHER OPERATING INCOME AND EXPENSES

Other operating income

December 31, 2024 December 31, 2023

(in millions of euros)

Gain on disposals of non- fi nancial assets

-

-

Reversal of impairment on assets

93 13

120

Other income

79

TOTAL OTHER OPERATING INCOME

106

200

In 2023 and 2024, the reversal of impairment losses mainly concerns the industrial assets of the Conversion CGU (see Note 11). In 2023, other income includes: ● the reversal of provisions following the elimination of certain tax risks in the amount of 30 million euros;

● the reversal of the provision for mining site remediation for 30 million euros; and ● the decrease in Orano commitments related to the pension reform in the amount of 4 million euros.

Other operating expenses

December 31, 2024 December 31, 2023

(in millions of euros)

Loss on disposals of non- fi nancial assets

(3)

(7) (4)

Asset impairment

(78) (97)

Dismantling costs net of provisions/reversals of provisions for end-of-lifecycle operations

(42)

Other expenses

(205) (383)

(134) (186)

TOTAL OTHER OPERATING EXPENSE

In 2023, other expenses mainly include: ● a provision for expenses in connection with the societal commitment set out in the global partnership agreement with the State of Niger for 30 million euros; ● a lower level of activity in Niger for 15 million euros, charges to provisions for risks related to the situation in the country for 60 million euros; and ● provisions made for mining site remediation for 19 million euros.

In 2024, impairment losses on assets mainly concern the impairment of Imouraren’s intangible mining assets for 69 million euros (see Notes 1.1 and 10). Dismantling costs net of provisions/reversals of provisions are described in Note 13. In 2024, other expenses mainly include: ● a lower level of activity in Niger for 12 million euros, charges to provisions, and income on deconsolidation related to the situation in Niger for 124 million euros (see Notes 1.1 and 25); ● provisions made for mining site remediation for 44 million euros.

342

Orano - Annual Activity Report 2024