Annual Activity Report 2025

SUSTAINABILITY STATEMENT

Environmental information

2025 BREAKDOWN OF WATER CONSUMPTION BY ACTIVITY AND REGION By region By activity

Europe (Outside France) 0%

34% Front End

France 45%

N orth America 34%

11% Back End

1%

20%

Africa and Middle East

Asia

55% Mining

Source: Orano

4.2.2.5 Financial impacts related to water resources Orano is working to quantify the fi nancial impacts of risks and opportunities related to water resources. The group plans to publish this information within two years, in accordance with the provisional requirements set out in the standard.

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4.2.3 Anticipating impacts on biodiversity [E4]

4.2.3.1 Biodiversity in the strategy and business model Orano’s activities are mainly based on the extraction of uranium ores and the provision of services for its electricity customers. Orano’s business model, based on the recovery of mineral materials, does not rely on biological resources and is therefore not directly dependent on biodiversity and ecosystems.

may have an impact on the successful completion of the group’s mining and industrial activities. Considering all the group’s activities and their value chain (Upstream and Downstream), and projecting a potential future situation where all the identi fi ed physical and transition risks (temporary shutdown of a site due to severe water stress, or loss of a mineral deposit due to extremely strict regulations on biodiversity conservation, etc .) linked to biodiversity and ecosystems would all occur simultaneously at their maximum intensity, the results show that even if some of the group’s facilities may experience dif fi culties from time to time, the impacts remain temporary and/or limited to the site in question and do not signi fi cantly call into question the current strategy and business model. As such, Orano considers that the actions carried out on behalf of biodiversity and ecosystems are part of a policy to mitigate its impacts, risks and dependencies, and not a transition plan for its business model or its strategy.

An analysis of impacts, dependencies, risks and opportunities (IRO) related to biodiversity was carried out in 2024 as input into the double materiality analysis and helped con fi rm this analysis from the perspective of Orano’s business model resilience. However, the very nature of the group’s mining and industrial activities inevitably contributes to various factors of pressure on biodiversity, and several of our activities are also exposed to physical and transition risks. While the resilience of Orano’s strategy and business model is considered rather strong, the fact remains that certain systemic, physical, and transition risks related to biodiversity and ecosystems

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Orano - Annual Activity Report 2025

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