Equans continues to roll out its strategic Plan. For 2025, Equans is targeting:

• A slight decrease in sales versus 2024, at constant exchange rates, given the proactive exit from remaining non-strategic and non-performing activities, and the temporary slowdown in some areas of activity. (Previously, Equans was targeting sales close to the level of 2024, at constant exchange rates).
• A margin from activities close to 4.3% (previously, Equans was targeting a margin from activities close to 4.2%).
• A cash conversion rate (COPA-to-cash flow) before working capital requirement (WCR) of between 80% and 100%.