Annual Activity Report 2025

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

Financial situation of the Company and the group during the past fi nancial year

2.5.1.2 Summary tables of segment information

Corporate and other operations (1)

2025 (in millions of euros)

Total

Mining Front End Back End

RESULTS Contribution to consolidated revenue

1,492

1,250

2,352 (224)

44

5,138

Operating income

353

468

(80)

516

2

Percentage contribution to consolidated revenue

23.7% 37.4% -9.5%

n/s

10.0%

CASH FLOWS EBITDA

519

519

390

(45)

1,382 26.9%

Percentage contribution to consolidated revenue

34.8% 41.5% 16.6%

n/s (9)

Change in operating WCR

78

159

382

610

Net OpE x

(244)

(463)

(459)

(103) (157)

(1,269)

Operating cash flow

354

215

311

723

MISCELLANEOUS Property, plant and equipment and intangible assets (including goodwill) End-of-lifecycle assets and assets earmarked for end-of-lifecycle operations

2,404

4,970 1,823

4,637 6,962

277 12,288

-

-

8,785

(1) “Corporate and other operations” includes in particular Corporate, Orano Med and the Batteries program activities. n/s: not signi fi cant.

Corporate and other operations (1)

2024 (in millions of euros)

Total

Mining Front End Back End

RESULTS Contribution to consolidated revenue

1,502

1,307

3,027

38

5,874 1,085 18.5% 2,067 35.2% (149) (980)

Operating income

122

425

616

(77)

Percentage contribution to consolidated revenue

8.1% 32.5% 20.3%

n/s

CASH FLOWS EBITDA

437

495

1,190

(55)

Percentage contribution to consolidated revenue

29.1% 37.9% 39.3%

n/s

Change in operating WCR

(22)

184

(310) (468)

0

Net Opex

(191)

(259)

(63)

Operating cash flow

224

420

411

(118)

937

MISCELLANEOUS Property, plant and equipment and intangible assets (including goodwill) End-of-lifecycle assets and assets earmarked for end-of-lifecycle operations

2,579

4,445 1,778

4,850 6,675

225 12,099

-

-

8,453

(1) “Corporate and other operations” includes in particular Corporate, Orano Med and the Batteries program activities. n/s: not signi fi cant.

49

Orano - Annual Activity Report 2025