ORANO // Annual Activity Report 2024

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RISKS, CONTROL AND DUTY OF VIGILANCE PLAN Risk factors

3.3 Risk factors

The main risk factors are grouped by category according to their type. Their importance has been assessed on the basis of their probability of occurrence, their level of impact, and the control measures in place. In each category, the most important risk factors are mentioned fi rst.

Sections of the 2024 Annual Activity Report

Risk families in the Orano manual/Risk presented

Geopolitical risks and international sanctions

3.3.1.1

Issues related to the energy policies of France, other States and the European Union Recoverable nuclear materials and risks related to their requali fi cation Sustainability of industrial facilities, workload plans and cost control Issues related to the group’s projects and the Back End of the Future

Geopolitical background

3.3.1.2 3.3.1.3 3.3.2.1 3.3.2.2 3.3.2.3 3.3.2.4 3.3.2.5 3.3.2.6 3.3.2.7 3.3.2.8 3.3.2.9 3.3.3.1 3.3.3.2 3.3.3.3 3.3.4.1 3.3.4.2 3.3.4.3 3.3.4.4 3.3.4.5 3.3.5.1 3.3.5.2

Issues related to end-of-lifecycle operations

Uranium reserves and resources

Risks related to the group’s business activities

Impact of climate change on our facilities and activities

Cybersecurity

Subcontracting and suppliers Transportation safety and security Contractual and commercial issues

Nuclear safety and environmental protection

Risks related to social, societal and environmental commitment

Issues related to the group’s transformation and human resources Group commitments to employee health and safety Group’s ability to fi nance its organic and external growth

Financial issues relating to assets and liabilities related to end-of-lifecycle operations

Counterparty risk management related to the use of derivatives and cash investments

Financial risks

Foreign exchange risk

Interest rate risk

Risks of corruption and influence peddling

Regulatory and legal risks

Legal risks involving the group

Tax issues 3.3.5.3 The fi ght against food waste and food scarcity, and commitments to a responsible, fair and sustainable food policy are not major issues for Orano in the context of its operations. Consequently, they are not covered in this document. Concerning respect for animal welfare, the testing carried out as part of Orano Med’s activities meet the standards in force.

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Orano - Annual Activity Report 2024