Annual Activity Report 2025

6

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

LIABILITIES AND EQUITY

Financial liabilities at fair value through pro fi t or loss (1)

Financial liabilities at amortized cost

Fair value of fi nancial liabilities

Carrying amount

Non- fi nancial liabilities

(in millions of euros)

Non-current liabilities

2,487 2,407

– – – – – –

2,484 2,405

2 2 –

2,531 2,452

Non-current fi nancial liabilities Non-current lease liabilities

79

79

79

Current liabilities

2,542

239

2,092

211

2,304

Current fi nancial liabilities Current lease liabilities

315

280

35

315

21

21

– –

21

Trade payables and related accounts

1,063 1,142

1,063

1,063

Other operating liabilities Other non-operating liabilities

238

728

177

904

2

1

1

–

1

TOTAL LIABILITIES

5,029

239

4,577

214

4,835

(1) Level 2.

Net gains and losses on fi nancial instruments

SECURITIES AT FAIR VALUE THROUGH PROFIT OR LOSS

December 31, 2025 December 31, 2024

(in millions of euros)

Interest income and dividends Other income and expenses

71

79

–

–

Change in fair value

585

455

LOANS AND RECEIVABLES

December 31, 2025 December 31, 2024

(in millions of euros)

Interest

6 – –

6

Impairment

(83)

Forgiveness of debt

1

FINANCIAL ASSETS AND LIABILITIES AT AMORTIZED COST

December 31, 2025 December 31, 2024

(in millions of euros)

Interest income and expense and commissions

(48)

(80)

Other income and expenses Gain (loss) from disposal

– – –

– 6 –

Impairment

CASH FLOW HEDGES

Value before tax at December 31, 2025

Value before tax at December 31, 2024

New transactions

Change in value

Recycled through pro fi t or loss

(in millions of euros)

Cash flow hedging instruments

(132)

37

79

192

176

378

Orano - Annual Activity Report 2025