Annual Activity Report 2025

FINANCIAL STATEMENTS

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

By region (in millions of euros)

December 31, 2025

Eurozone

Other

Medical expense and accident/disability

24

2 3 – – 1 6

26

Retirement bene fi ts Long-service awards Early retirement bene fi ts

244

247

7

7

260

260

Supplemental retirement bene fi ts

8

9

TOTAL

542

549

ACTUARIAL ASSUMPTIONS

December 31, 2025

December 31, 2024

Long-term inflation ● Eurozone

2.0%

2.0%

Discount rate ● Eurozone

3.9% 4.8%

3.2% 5.1%

● US zone

Pension bene fi t increases ● Eurozone

1.5% 1.7%

1.5% 5.4%

Revaluation of social security ceiling

Mortality tables

December 31, 2025

December 31, 2024

France ● annuities

Generation table INSEE Men / Women 2000-2002

Generation table INSEE Men / Women 2000-2002

● capital

Retirement age in France

December 31, 2025

December 31, 2024

Management personnel

65 62

65 62

6

Non-management personnel

The assumptions for average attrition reflect the natural rate of departure for employees prior to retirement age. These assumptions, set for each group company, are broken down by age group, with employees close to retirement being assumed to be less mobile than employees at the start of their career. The rates in brackets indicate estimated maximum and minimum values in most of the group’s companies.

Management personnel Non-management personnel December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024

France

[6.4%-0.0%]

[6.4%-0.0%]

[2.88%-0.0%]

[2.88%-0.0%]

363

Orano - Annual Activity Report 2025