Annual Activity Report 2025

6

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

AT DECEMBER 31, 2024

Share in net income of joint ventures and associates

Investments in joint ventures and associates

Share in negative net equity of joint ventures and associates

(in millions of euros)

ETC

(12)

– – 9

32

SI-nerGIE

– – – – –

– – – – –

Accelerated Decommissioning Partners (ADP)

Neomat CAM Neomat PCAM

10 10

Other joint ventures and associates

–

TOTAL

(12)

30

32

Signi fi cant joint ventures and associates A joint venture is deemed to be signi fi cant if its revenue or statement of fi nancial position total is more than 150 million euros. An associate is deemed to be signi fi cant when its statement of fi nancial position total is more than 150 million euros. Financial information required under IFRS 12 is presented before eliminations of intercompany transactions and restatements and is based on 100% ownership.

December 31, 2025 December 31, 2024 ETC ETC Front End Front End

(in millions of euros)

Country

UK

UK

% held

50% 340

50% 259

Revenue

Net income

37

10

Including increases to amortization and depreciation

(17)

(12)

Including interest income/expense Including tax income/expense Other items of comprehensive income

–

–

(4)

(1)

3

–

COMPREHENSIVE INCOME

41

10

December 31, 2025 December 31, 2024 ETC ETC Front End Front End

(in millions of euros)

Country

UK

UK

% held

50% 202

50% 198

Current assets

Including cash and cash equivalents

22

10

Non-current assets Current liabilities

234 262

135 195

Including current fi nancial liabilities

–

–

Non-current liabilities

22

28

Including non-current fi nancial liabilities

–

4

NET ASSETS

151

110

356

Orano - Annual Activity Report 2025