ECOSLOPS : 2025 Annual Results in International Shipping News 10/04/2026 Ecoslops, the cleantech company that brings oil into the circular economy, announces its results for the fiscal year ended 31 December 2025, as approved by the Board of Directors at its meeting held on 8 April 2026 • 2025 revenue up 5% despite less favourable oil market conditions, • 2025 EBITDA still positive at €0.3 million, • Cash position of €5.2 million as of 31 December, 2025, and stable net debt The Group’s turnover increased by 5%, from €11.5 million in 2024 to €12.0 million in 2025. The Port Services business grew by 16% to €3.2 million, while the Refined Products business recorded a 1% increase in turnover, from €8.8 million to €8.9 million. This more limited growth in the Refined Products business should be viewed in light of the negative trend in oil prices and the US dollar in 2025 (the average price of Brent crude fell from €73.8/bbl in 2024 to €60.7/bbl in 2025, a drop of 18%). The Sines unit produced 25,352 tonnes of refined products over the period, compared with 21,448 tonnes in 2024, and sold 22,760 tonnes, compared with 19,981 tonnes in the previous financial year, thus offsetting the price effect (-13%) with the volume effect (+14%). The gross margin rate is down 4 points due to the continued rise in shipping costs and a less favourable mix of slop purchases in 2025. Operating expenses remained contained, following a sharp decline in fiscal years 2023 and 2024. EBITDA thus came in at +€0.3 million, at a level close the previous fiscal year despite a more unfavourable market environment. The financial result was negative at (€1.5) million. It includes an additional impairment charge of (€0.8) million related to Valtech Energy, which now covers 100% of the Group’s exposure to this minority interest. The financial result also short term deposits’ income of €0.1 million and interest expense on borrowings of €(0.7) million. For the record, the 2024 financial result benefited from a €0.3 million reversal of a provision corresponding to EIB royalty fees, a provision that became obsolete under the agreement signed for the debt restructuring. Corporate income tax amounts to €0.05 million, consisting of a research tax credit of €0.23 million and deferred tax of (€0.18) million in Portugal. Net income before restructuring thus improves, rising from (€2.9) million in 2024 to (€2.3) million in 2025. After accounting for a non-recurring expense of €(0.1) million related to the completion of the Group’s restructuring, consolidated net income of the Group came to €(2.4) million, compared to €(3.1) million in the previous fiscal year. Fixed assets decreased by €1.3 million during the 2025 financial year. This decrease is mainly attributable to €0.8 million in acquisitions during the period, €1.3 million in depreciation, and an additional €0.8 million in impairment losses on Valtech Energy shares and current account balances. For information, the Group’s exposure to Valtech Energy has thus been reduced to zero, given the difficulties encountered by the majority shareholder in completing the project. Current assets, excluding cash, fell by €1.9 million, mainly due to a €1.3 million reduction in inventories (an import of slops had been carried out at the end of December 2024, which was not the case at the end of 2025), and a €0.1 million decrease in trade receivables. Cash and cash equivalents as at 31 December 2025 amounted to €5.2 million, of which €2.3 million