Public Country by Country Report (on income tax information)

Introduction

This income tax information report has been prepared by Tradebe in compliance with Directive (EU) 2021/2101 of the European Parliament and of the Council of 24 November 2021, amending Directive 2013/34/EU as regards the disclosure of income tax information by certain undertakings and branches. This Directive applies to multinational enterprise groups with consolidated revenues exceeding €750 million in each of the last two consecutive financial years and with a presence in the European Union. The report has been prepared using the common template established by Commission Implementing Regulation (EU) 2024/2952 of 29 November 2024, and covers the financial year ended 31 December 2025. The information contained in this report has been prepared on the basis of the individual financial statements of the Group's constituent entities, prepared in accordance with Spanish GAAP accounting standards. The scope of consolidation includes entities consolidated under the full consolidation and proportional consolidation methods, excluding those accounted for under the equity method. Permanent establishments are allocated to the jurisdiction in which they are located. All monetary figures are expressed in euros. Tradebe considers transparency in tax matters to be a fundamental element of its corporate responsibility and its commitment to all stakeholders. Taxes are a key component of the Group's contribution to the societies in which it operates, and the Group is committed to meeting its tax obligations in a manner that is aligned with its underlying economic activity and value creation in each jurisdiction.

Section 1. General information

Name of ultimate parent of group / of standalone company	Oshare, S.L.
Country of registered office of ultimate parent undertaking	The Kingdom of Spain
Date of start of financial year	2025-01-01
Date of end of financial year	2025-12-31
Reporting currency	EUR
Application of option to report in accordance with taxation reporting instructions	Yes
Name and registered office of a single subsidiary undertaking which has published the report on income tax information of an undertaking that is not governed by the law of a Member State	-
Name and address of a single branch which has published the report on income tax information of an undertaking that is not governed by the law of a Member State	-
Language of report	english - en

Section 2. Overview of information on a country-by-country basis

Name of Member State or tax jurisdiction	Country code of Member State or tax jurisdiction	Revenues	Profit (loss) before tax	Income tax paid (on cash basis)	Income tax accrued – current year	Accumulated earnings	Number of employees
Spain	ES	415896404	35205021	7573059	6910604	179595960	1074
France	FR	12833212	1251126	248527	262717	8760506	40
Italy	IT	4665952	-3761008	0	0	-11486910	39
Germany	DE	20240793	-156703	142128	191300	-1277498	52
All other tax jurisdictions (aggregated basis)
		621734511	-318585	1476000	1247269	38251300	1705

Section 3. List of subsidiaries and activities

Name of Member State or tax jurisdiction	Country code of Member State or tax jurisdiction	Name of subsidiary undertakings consolidated in financial statements of ultimate parent undertaking	Brief description per country of nature of activities in Member State or tax jurisdiction
Spain	ES	Grupo Tradebe Medio Ambiente, S.L.U., Ecoproges, S.L.U., Ecológica Ibérica y Mediterránea, S.A., Greening Relive, S.L., Lunagua, S.L.U., Tradebe, S.A.U., UTE Tecnoambiente-Acadar, UTE_ Tecnoambiente - Geomytsa II, Tradebe Gestión España, S.L.U., Limpiezas del Nervión, S.A.U., Ingenieria y Tratamientos de Valorización, S.L.U., Prointraval, S.L.U., Fragnor, S.L., Biocompost de Lugo, S.L.U., Tecnoambiente, S.L.U., Fundació Privada Tradebe Medioambiente, Sanemar, S.L.U., Tecnoambiente, S.L.U. - Mc Valnera S.L UTE, Tecnoambiente, S.L.U. - Geofísica Mar y Tierra, S.A., Tecnoambiente, S.L.U. - Aquatica, MC Valnera, S.L. - Tecno ambiente, S.L.U. HC/APBA, Tecnoambiente, S.L.U. - Mc Valnera IV S.L UTE, Tecnoambiente, S.L.U. - Mc Valnera V S.L UTE, Tradebe Valdilecha, S.L., Gestión de Marpol Galicia, S.L., Servicios de Intermediación Medioambiental, S.L.U., Enviland Medio Ambiente, S.L.U., Atlas Gestión Medioambiental, S.A., Edafo Gm, S.A., Mediaciones Comerciales Ambientales, S.L., Valorización Energética de Gas de Vertedero, S.L., Ignea Medioambiente, S.L.U., Tradebe Green Fuel Company, S.L.U., Inservec, S.L., Osharay Inmobiliaria, S.L., Oshare, S.L., Ecología Química, S.A.U., Cosmos Aromática Internacional, S.A., Ebedart Fragances, S.L.U., Tradebe Chemicals Management, S.L.U., Radesant 17 Business, S.L., Clinical Nutrition, S.A.U., Nutrisport, S.A.U., Persan Farma, S.L.U., Tradebe Port Services, S.L., Miladerto, S.L.	Research and Development, Holding or Managing Intellectual Property, Manufacturing or Production, Sales, Marketing or Distribution, Provision of Services to Unrelated Parties, Internal Group Finance, Holding Shares or Other Equity instruments, Dormant, Other
France	FR	Tradebe Sarl, Arôme Holding, SAS, Fabster, SASU, Fonciere Des Alpes SCI, Tradebe Solvants Services Sarl	Manufacturing or Production, Sales, Marketing or Distribution, Provision of Services to Unrelated Parties, Holding Shares or Other Equity instruments, Other.
Italy	IT	Tradebe Adro Srl, Tradebe Chimica Srl	Manufacturing or Production, Provision of Services to Unrelated Parties.
Germany	DE	Tradebe GmbH, Tanklager Wilhelmsburg GmbH	Provision of Services to Unrelated Parties

Section 4. Omitted information

Information omitted (if any) for this financial year
Information omitted	Information omitted, other tax jurisdictions	Explanation of reason for omission of information
-	-	-
Disclosure of information omitted for previous financial years
-

Section 5. Explanations for material discrepancies between income tax paid and accrued

Explanation of any material discrepancies between income tax paid and accrued
-

Conclusion

The information set out in this report provides a comprehensive overview of Tradebe's economic footprint and tax contribution across the jurisdictions in which it operates during the financial year ended 31 December 2025. The data reflects the Group's diverse international presence and the breadth of its operational and commercial activities. Tradebe manages its tax affairs in accordance with applicable legislation in each territory, ensuring that its tax position in each jurisdiction is aligned with its underlying economic activity and value creation. The Group's tax strategy is grounded in principles of prudence, responsibility and social commitment, and is fully aligned with its corporate governance framework and its obligations under both domestic and international tax rules, including the OECD's Base Erosion and Profit Shifting (BEPS) guidelines. Tradebe will continue to publish this report on an annual basis, as an expression of its ongoing commitment to tax transparency and to the highest standards of corporate governance. The Group remains attentive to developments in the regulatory landscape and will adapt its reporting practices accordingly, ensuring that the information disclosed continues to be accurate, complete and meaningful for all users of this report.