Annual Activity Report 2025

GOVERNANCE OF THE COMPANY AND GENERAL INFORMATION

Administration and management of the Company

INDEPENDENCE CRITERIA

Not to be and not to have been within the previous fi ve years: ● an employee or executive of fi cer of the Company; ● an employee, executive of fi cer or Director of a company consolidated within the Company; or ● an employee, executive of fi cer or Director of the Company’s parent company or a company consolidated within this parent company. Not to be an executive of fi cer of a company in which the Company holds a directorship, directly or indirectly, or in which an employee appointed as such or an executive of fi cer of the Company (currently in of fi ce or having held such of fi ce within the last fi ve years) holds a directorship.

Criterion 1

Criterion 2

Not to be a customer, supplier, commercial banker, investment banker or consultant: ● that is signi fi cant to the Company or its group; or ● for which the Company or its group represents a signi fi cant portion of its activities.

Criterion 3

Criterion 4 Criterion 5

Not to be related by close family ties to an of fi cer.

Not to have been a Statutory Auditor of the Company within the previous fi ve years.

Criterion 6 Not to have been a director of the Company for more than 12 years. Loss of the status as independent director occurs on the date that this twelve-year limit is reached. Directors representing major shareholders of the Company, or its parent company may be considered independent, provided these shareholders do not take part in the control of the Company. Nevertheless, beyond a 10% threshold in capital or voting rights, the Board, upon a report from the compensation and nominating committee, must systematically review the quali fi cation of a Director as independent in light of the Company’s capital structure and the existence of a potential conflict of interest. (1) For the purposes of this analysis, and considering the structure of the Company’s shareholding, directors representing, or appointed on the proposal of, the French State are not deemed to meet this criterion. Criterion 8 (1)

SUMMARY TABLE (1)

Independent/ Not independent

Criterion1 Criterion 2 Criterion 3 Criterion 4 Criterion 5 Criterion 6 Criterion 7 Criterion 8

Claude IMAUVEN Nicolas MAES Philippe BRAIDY

√ X √ √ √ X √ √ √ √ √ √ X

√ X √ √ √ √ √ √ √ √ √ √ √

√ √ √ √ X √ √ √ √ √ √ √ √

√ √ √ √ √ √ √ √ √ √ √ √ √

√ √ √ √ √ √ √ √ √ √ √ √ √

√ √ √ √ √ √ √ √ √ √ √ √ √

√ √ √ √ √ √ √ √ √ √ √ √ √

√ √ X X X √ √ X √ √ X X √

Independent

Not independent Not independent Not independent Not independent Not independent

5

Anne-Marie DESCÔTES Anne-Isabelle ETIENVRE

David LECAVELIER Anne-Sophie LE LAY

Independent

Aurore NEUSCHWANDER

Not independent

Patrick PELATA

Independent Independent

Marie-Hélène SARTORIUS

Julie SERRIER

Not independent Not independent Not independent

French State (Romain VALENTY)

Cyrille VINCENT

(1) In this table, √ means that an independence criterion is met, and X means that an independence criterion is not met.

281

Orano - Annual Activity Report 2025