ORANO // Annual Activity Report 2024

RISKS, CONTROL AND DUTY OF VIGILANCE PLAN

Risk factors

ORANO GROUP RISK MAPPING IN 2024

High

Sustainability of industrial facilities, workload plans, cost control

Nuclear safety and environmental protection

Geopolitical risks

Financial risks

Cybersecurity Group commitments in terms of employee health and safety Risks related to the group's transformation and human resources

Risks related to the group's projects and the Back End of the Future program Uranium reserves and resources

Risks related to end-of-lifecycle operations

3

IMPACT

Transportation safety and security Impact of climate change on our facilities and activities

Risks of corruption and influence peddling

Tax issues

Low

High

PROBABILITY OF OCCURRENCE

Source: Orano

3.3.1 Geopolitical risks

3.3.1.1 Geopolitical risks and international sanctions

Description of the risk The group is exposed to geopolitical and political risks, weak public governance and insuf fi cient respect for the rule of law in some of its countries of activity and in particular in the context of its mining activities abroad (the Mining Business Unit represents 26% of Orano’s revenue in 2024).

Political risk can lead to civil unrest, expropriation, nationalization, changes in legal or tax systems, monetary restrictions, or renegotiation or cancellation of currently valid contracts, leases, mining permits or any other agreements.

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Orano - Annual Activity Report 2024