ORANO // Annual Activity Report 2024

SITUATION AND ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES DURING THE PAST FINANCIAL YEAR

Signi fi cant post-closing events

workshops, after those of UP3 in 2023. The program to relaunch Orano Melox’s production, to exceed 100 metric tons by 2025, is beginning to bear fruit. It implements continuous improvement initiatives (“ Kaizen ”) aligned with the plant’s challenges and involving a large number of employees in the fi eld. These organizational and operational performance initiatives are being rolled out at the sites and will continue as part of the overall Opteam26 program for the period 2024-2026.

2.6.2 Orano’s fi nancial outlook After an exceptional 2024 year marked by the one-off contribution of contracts with Japanese electricians in the Back-end sector, Orano is aiming for solid results for 2025 in a major investment phase, with: ● stable revenue at around 5 billion euros, a high level in line with the backlog momentum; ● an EBITDA margin to revenue rate of between 23% and 25%; ● positive net cash flow while ensuring the ramp-up of the investment program initiated in 2024.

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2.7 Signi fi cant post-closing events

2.7.1 Signi fi cant events between the reporting date and the preparation date of the management report

No subsequent event that could have a material impact on the group’s fi nancial statements was identi fi ed.

2.7.2 Signi fi cant events between the preparation date of the report and the date of the General Meeting

None.

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Orano - Annual Activity Report 2024