Annual Activity Report 2025

SITUATION AND ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES DURING THE PAST FINANCIAL YEAR

The group’s businesses

packaging of these recyclable materials and fi nal waste in a safe and stable form. The plant has two production lines (UP2 800 and UP3) which have a combined authorized capacity of 1,700 metric tons of spent fuel per year, corresponding to the generation of approximately 600 TWh per year of electricity;

● Melox is the leading site worldwide for the fabrication of MOX recycled nuclear fuel, with a licensed capacity of 195 metric tons per year. Made from a mixture of uranium and plutonium oxides, MOX fuel makes it possible to recycle plutonium from the spent fuel recycling process at la Hague. In France, 10% of nuclear power is produced from MOX.

SPENT FUEL RECYCLING PROCESS

Recycled fuel MOX or ERU

2

Uranium

Customer

Plutonium

96% recyclable material

Used fuel

Orano Melox (MOX); Others manufacturers (ERU)

Universal canister ljūƑ DŽĿƥƑĿǶĚē DžîƙƥĚ

4% ǶŠîŕ DžîƙƥĚ

Fission products

Orano la Hague

Orano la Hague

Universal canister ljūƑ ČūŞƎîČƥĚē DžîƙƥĚ

Structural components

Orano la Hague

FOREIGN COUNTRIES

¬ĺĿƎƎĿŠij ƥūDžîƑēƙ the customer’s country

FRANCE

Cigéo Andra storage

Source: Orano

The Recycling business also draws on the skills of Orano Temis, which develops and offers a selection of technical skills and know-how for all high value-added industrial projects, mainly nuclear. In particular, the company provides automated systems, researches and manufactures mechanical equipment in specialty metals, and produces fi ber-reinforced concrete containers. Nuclear Packages and Services Working in both the front and back ends of the nuclear cycle, for industry as well as reactors and research labs, the Nuclear Packages and Services business, whose commercial name is Orano NPS, has two main lines of business: ● designing and manufacturing storage containers for the transport and/or dry storage of nuclear materials;

● organizing and carrying out the transport of nuclear materials. Orano NPS carries out 5,000 logistics operations in the world each year. It is also tasked with the supervision of the logistics operations of the group and its customers, ensuring that they meet the highest safety levels. The Nuclear Packages and Services business operates in the key markets of the nuclear industry: ● in France, Orano Nuclear Packages and Services is responsible for the design, approval and manufacture of packaging in its manufacturing plant (TN Eagle Factory) and via a network of subcontractors, as well as for logistics commissioning. In this area, it relies on its specialized nuclear transport subsidiary LMC as well as approved subcontractors; ● in Germany, Orano Nuclear Cargo and Services is responsible for the design, approval and manufacture of packaging via a network of subcontractors as well as for transport

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Orano - Annual Activity Report 2025