Annual Activity Report 2025

FINANCIAL STATEMENTS

Consolidated fi nancial statements – fi nancial year ended December 31, 2025

NOTE 12 LEASES

Right-of-use assets

Withdrawals from leases/ Reduction

Currency translation differences

December 31, 2025

December 31, 2024

New leases/ Increase

Net charges to depreciation

Other changes

(in millions of euros)

Property assets

75 15 90

30

(16)

(14)

– – –

(2)

74 15 89

Other assets

9

–

(9)

–

TOTAL

39

(16)

(22)

(2)

Lease liabilities The following table presents the provisional disbursement schedule:

December 31, 2025

(in millions of euros)

Maturing in 1 year or less Maturing in 1-2 years Maturing in 2-3 years Maturing in 3-4 years Maturing in 4-5 years Maturing in more than 5 years

24 19 16 13 11 29

TOTAL

112

The amounts represent future disbursements expressed before discounting. Power Purchase Agreements falling within the scope of IFRS 16 but not recognized on the balance sheet represent a variable future lease liability of 6 million euros.

6

349

Orano - Annual Activity Report 2025