ORANO // Annual Activity Report 2024

6

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

Assumed rate of salary increase for the calculation of provisions includes inflation. The rates in square brackets show average revaluations at the beginning of a career, which are assumed to be higher, and those at the end of a career.

Management personnel Non-management personnel December 31, 2024 December 31, 2023 December 31, 2024 December 31, 2023

France

[3.7% - 2.5%]

[3.9% - 2.7%]

[3.25% - 2.5%]

[3.45% - 2.7%]

Financial assets As of December 31, 2024, fi nancial assets consisted of bonds for 98% and other monetary instruments for 2% (breakdown unchanged from December 31, 2023).

Effective return on plan assets

December 31, 2024 December 31, 2023

Europe

3.9%

4.9%

Breakdown of net amount recognized

Medical expenses and accident/ disability

Long service awards

Early retirement bene fi ts

Supplemental retirement bene fi ts

December 31, 2024

Retirement bene fi ts

31 December 2023

(in millions of euros)

Actuarial liabilities

2

312

6

450 180 270

39 29 10

809 281 528

863 349 514

Fair value of hedging assets NET AMOUNT RECOGNIZED

-

72

-

2

239

6

Sensitivity of the actuarial liabilities to changes in the discount rate An across-the-board decrease in the discount rate of 0.25% would increase de fi ned bene fi t obligations by 17 million euros.

Medical expenses and accident/ disability

Long service awards

Early retirement bene fi ts

Supplemental retirement bene fi ts

Retirement bene fi ts

Total

(in millions of euros)

Actuarial liabilities At December 31, 2023 Current service cost

2

309

6

504

42

863

- - - - - - - - - - - - - -

15 (3)

- - - - - - - - - - - - - -

16 (2)

- - -

32 (5)

Past service costs (including plan changes and reductions)

Disposals/liquidation/plan reductions

-

-

-

Accretion expense

10

16

2

28

Employee contributions

- -

- -

- -

- -

Plan transfer

IMPACT ON THE INCOME STATEMENT

23 10

31

2

56 (2)

Experience differences

(11)

(1)

Demographic assumption differences Difference in fi nancial assumptions

-

-

- -

-

(3)

(4)

(7) (9)

IMPACT ON OTHER ITEMS OF COMPREHENSIVE INCOME

7

(15) (61)

(1) (3)

Bene fi ts paid during the year

(26)

(91)

Change in scope *

- -

(9)

- -

(9)

Currency translation differences

-

-

ACTUARIAL LIABILITIES AT DECEMBER 31, 2024

2

312

6

450

39

809

*

See Note 2.

364

Orano - Annual Activity Report 2024