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have implemented and maintain various information security processes designed to identify, assess and </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:358pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">manage material </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.76pt;position:var(--position);text-decoration:none;white-space:pre">risks</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.64pt;position:var(--position);text-decoration:none;white-space:pre"> from cybersecurity threats to our critical information systems, third party hosted services, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">communications systems, hardware and software, and our critical data (including intellectual property, confidential </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">information that is proprietary, strategic or competitive in nature, and data related to our clinical trials and products) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(collectively, “Information Systems and Data”).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our Chief Financial Officer as well as our external Data Protection Officer (“DPO”) and Information </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Technology Director (“IT Director”), and other independent service providers help identify, assess and manage the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:424pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">our cybersecurity threats and risks. Individuals in these roles identify and assess risks from cybersecurity threats by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:434pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">monitoring and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.84pt;position:var(--position);text-decoration:none;white-space:pre">evaluating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.44pt;position:var(--position);text-decoration:none;white-space:pre"> our threat environment using various methods including, for example, maintaining </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:444pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">manual and automated tools, conducting scans of our threat environment, and conducting vulnerability assessments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:460pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Depending on the environment, we implement and maintain various technical, physical, and organizational </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">measures, processes, standards and policies designed to manage and mitigate material risks from cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:480pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">threats to our Information Systems and Data. These measures, processes, standards, and policies include, for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">example: incident </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre">response</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.74pt;position:var(--position);text-decoration:none;white-space:pre"> plans and policies, personnel training, phishing test campaigns, penetration testing, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">system backups, cybersecurity insurance, network security controls, segmentation for certain systems and data </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">access controls and physical security controls.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.55pt;position:var(--position);text-decoration:none;white-space:pre">assessment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.94pt;position:var(--position);text-decoration:none;white-space:pre"> and management of material risks from cybersecurity threats are integrated into our overall </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risk management processes.  For example, our external DPO and IT Director work with management in an effort to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">prioritize our risk management processes and mitigate cybersecurity threats that are more likely to lead to a material </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:556pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">impact to our business.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:572pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">We use independent service provider</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.65pt;position:var(--position);text-decoration:none;white-space:pre">s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.54pt;position:var(--position);text-decoration:none;white-space:pre"> to assist us from time to time to identify, assess, and manage material </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risks from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.31pt;position:var(--position);text-decoration:none;white-space:pre">cybersecurity</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.12pt;position:var(--position);text-decoration:none;white-space:pre"> threats, including for example: professional service firms, including legal counsel, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">penetration testing firms, dark web monitoring services, cybersecurity consultants, and cybersecurity software </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">providers.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Further, we use independent service providers to perform a variety of functions throughout our business, such </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:634pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">as hosting companies and contract research organizations. We undertake efforts designed to manage cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risks associated with our use of these providers.  For certain vendors, these efforts include security questionnaires, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">reviews of vendors’ written security programs, reviews of security assessments, audits, and vulnerability scans </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:664pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">related to the vendors. Depending on the nature of the services provided, the sensitivity of the Information Systems </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:674pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and Data at issue, and the identity of the provider, our vendor management process may involve different levels of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:684pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">assessment designed to help identify cybersecurity risks associated with a provider and impose contractual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:694pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">obligations related to cybersecurity on the provider.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Depending on the environment, we implement and maintain various technical, physical, and organizational </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">measures, processes, standards and policies designed to manage and mitigate material risks from cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:480pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">threats to our Information Systems and Data. These measures, processes, standards, and policies include, for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">example: incident </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre">response</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.74pt;position:var(--position);text-decoration:none;white-space:pre"> plans and policies, personnel training, phishing test campaigns, penetration testing, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">system backups, cybersecurity insurance, network security controls, segmentation for certain systems and data </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">access controls and physical security controls.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.55pt;position:var(--position);text-decoration:none;white-space:pre">assessment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.94pt;position:var(--position);text-decoration:none;white-space:pre"> and management of material risks from cybersecurity threats are integrated into our overall </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risk management processes.  For example, our external DPO and IT Director work with management in an effort to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">prioritize our risk management processes and mitigate cybersecurity threats that are more likely to lead to a material </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:556pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">impact to our business.</span></div> true true true false <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our Board addresses our cybersecurity risk management as part of its general oversight function. The Board is </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responsible for overseeing our cybersecurity risk management processes, including oversight and mitigation of risks </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:180pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">from cybersecurity threats.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.36pt;position:var(--position);text-decoration:none;white-space:pre"> Our</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.41pt;position:var(--position);text-decoration:none;white-space:pre"> Committee of Executives (“COMEX”)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.54pt;position:var(--position);text-decoration:none;white-space:pre">, in addition to those identified below, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">provides </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.92pt;position:var(--position);text-decoration:none;white-space:pre">input</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.46pt;position:var(--position);text-decoration:none;white-space:pre"> to the Board on cybersecurity threats. Our Committee of Executives consists of all our company's </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:200pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">officers along with our heads of manufacturing and quality.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity risk assessment and management processes are implemented and maintained by certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">management team members, including our</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.62pt;position:var(--position);text-decoration:none;white-space:pre"> Chief Financial Officer (“CFO”)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.77pt;position:var(--position);text-decoration:none;white-space:pre"> who oversees our external </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.38pt;position:var(--position);text-decoration:none;white-space:pre">IT Director </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and DPO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.93pt;position:var(--position);text-decoration:none;white-space:pre">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.93pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.98pt;position:var(--position);text-decoration:none;white-space:pre">CFO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> has prior significant experience in strategic business operations</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.66pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our CFO as </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.31pt;position:var(--position);text-decoration:none;white-space:pre">well</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.5pt;position:var(--position);text-decoration:none;white-space:pre"> as our external IT Director and DPO are responsible for helping to integrate cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risk considerations into our overall risk management strategy, and communicating key priorities to relevant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">personnel. Our CFO is responsible for approving cybersecurity-related budgets, approving cybersecurity processes, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and reviewing security assessments and other security-related reports.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity incident response procedures are designed to escalate certain cybersecurity incidents to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">members of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.95pt;position:var(--position);text-decoration:none;white-space:pre">management</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> depending on circumstances, including our CFO. Our CFO works with our incident </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responders (such as the external IT Director and DPO) to help us mitigate and remediate cybersecurity incidents of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">which they are notified.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.88pt;position:var(--position);text-decoration:none;white-space:pre"> In addition, our incident response process includes reporting to the Board for certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">cybersecurity incidents.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">The Board </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.45pt;position:var(--position);text-decoration:none;white-space:pre">receives</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.16pt;position:var(--position);text-decoration:none;white-space:pre"> periodic communications from the CFO and others (such as the IT Director and DPO)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.48pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">concerning our significant cybersecurity threats, risk and the processes we have implemented in an effort to address </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">them.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our Board addresses our cybersecurity risk management as part of its general oversight function. The Board is </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responsible for overseeing our cybersecurity risk management processes, including oversight and mitigation of risks </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:180pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">from cybersecurity threats.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.36pt;position:var(--position);text-decoration:none;white-space:pre"> Our</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.41pt;position:var(--position);text-decoration:none;white-space:pre"> Committee of Executives (“COMEX”)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.54pt;position:var(--position);text-decoration:none;white-space:pre">, in addition to those identified below, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">provides </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.92pt;position:var(--position);text-decoration:none;white-space:pre">input</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.46pt;position:var(--position);text-decoration:none;white-space:pre"> to the Board on cybersecurity threats. Our Committee of Executives consists of all our company's </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:200pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">officers along with our heads of manufacturing and quality.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity risk assessment and management processes are implemented and maintained by certain </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">management team members, including our</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.62pt;position:var(--position);text-decoration:none;white-space:pre"> Chief Financial Officer (“CFO”)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.77pt;position:var(--position);text-decoration:none;white-space:pre"> who oversees our external </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.38pt;position:var(--position);text-decoration:none;white-space:pre">IT Director </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and DPO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.93pt;position:var(--position);text-decoration:none;white-space:pre">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.93pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.98pt;position:var(--position);text-decoration:none;white-space:pre">CFO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> has prior significant experience in strategic business operations</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.66pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our CFO as </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.31pt;position:var(--position);text-decoration:none;white-space:pre">well</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.5pt;position:var(--position);text-decoration:none;white-space:pre"> as our external IT Director and DPO are responsible for helping to integrate cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risk considerations into our overall risk management strategy, and communicating key priorities to relevant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">personnel. Our CFO is responsible for approving cybersecurity-related budgets, approving cybersecurity processes, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and reviewing security assessments and other security-related reports.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity risk assessment and management processes are implemented and maintained by certain </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">management team members, including our</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.62pt;position:var(--position);text-decoration:none;white-space:pre"> Chief Financial Officer (“CFO”)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.77pt;position:var(--position);text-decoration:none;white-space:pre"> who oversees our external </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.38pt;position:var(--position);text-decoration:none;white-space:pre">IT Director </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and DPO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.93pt;position:var(--position);text-decoration:none;white-space:pre">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.93pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.98pt;position:var(--position);text-decoration:none;white-space:pre">CFO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> has prior significant experience in strategic business operations</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.66pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our CFO as </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.31pt;position:var(--position);text-decoration:none;white-space:pre">well</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.5pt;position:var(--position);text-decoration:none;white-space:pre"> as our external IT Director and DPO are responsible for helping to integrate cybersecurity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">risk considerations into our overall risk management strategy, and communicating key priorities to relevant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">personnel. Our CFO is responsible for approving cybersecurity-related budgets, approving cybersecurity processes, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and reviewing security assessments and other security-related reports.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity incident response procedures are designed to escalate certain cybersecurity incidents to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">members of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.95pt;position:var(--position);text-decoration:none;white-space:pre">management</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> depending on circumstances, including our CFO. Our CFO works with our incident </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responders (such as the external IT Director and DPO) to help us mitigate and remediate cybersecurity incidents of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">which they are notified.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.88pt;position:var(--position);text-decoration:none;white-space:pre"> In addition, our incident response process includes reporting to the Board for certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">cybersecurity incidents.</span></div> true <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.93pt;position:var(--position);text-decoration:none;white-space:pre">Our </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.98pt;position:var(--position);text-decoration:none;white-space:pre">CFO</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> has prior significant experience in strategic business operations</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity incident response procedures are designed to escalate certain cybersecurity incidents to </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">members of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.95pt;position:var(--position);text-decoration:none;white-space:pre">management</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> depending on circumstances, including our CFO. Our CFO works with our incident </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responders (such as the external IT Director and DPO) to help us mitigate and remediate cybersecurity incidents of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">which they are notified.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.88pt;position:var(--position);text-decoration:none;white-space:pre"> In addition, our incident response process includes reporting to the Board for certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">cybersecurity incidents.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">Our cybersecurity incident response procedures are designed to escalate certain cybersecurity incidents to </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">members of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.95pt;position:var(--position);text-decoration:none;white-space:pre">management</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> depending on circumstances, including our CFO. Our CFO works with our incident </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">responders (such as the external IT Director and DPO) to help us mitigate and remediate cybersecurity incidents of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">which they are notified.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.88pt;position:var(--position);text-decoration:none;white-space:pre"> In addition, our incident response process includes reporting to the Board for certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">cybersecurity incidents.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre">The Board </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.45pt;position:var(--position);text-decoration:none;white-space:pre">receives</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.16pt;position:var(--position);text-decoration:none;white-space:pre"> periodic communications from the CFO and others (such as the IT Director and DPO)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.48pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">concerning our significant cybersecurity threats, risk and the processes we have implemented in an effort to address </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">them.</span></div> true 1347 PricewaterhouseCoopers Audit Neuilly-sur-Seine, France 18419000 18419000 18419000 6604000 6606000 6605000 878000 2666000 2090000 12870000 5919000 5358000 2320000 948000 625000 41090000 34558000 33097000 9186000 7554000 21415000 24845000 18896000 13144000 251942000 144221000 516685000 285972000 170671000 551244000 327062000 205228000 584341000 629000 633000 785000 478218000 478905000 1190593000 112000 -75000 2309000 -135209000 -262637000 -402380000 -147740000 -176242000 -336102000 196010000 40584000 455205000 629000 756000 627000 30000 819000 28849000 2563000 29056000 554000 21643000 23370000 0 0 3620000 0 12229000 13023000 30237000 3262000 0 0 0 0 5848000 40356000 70645000 66114000 1655000 22195000 1302000 29605000 21574000 0 2579000 1166000 0 3509000 0 0 0 532000 17030000 47221000 43824000 37552000 6073000 4709000 7137000 52000 0 0 90695000 93999000 63021000 327062000 205228000 584341000 4621000 12449000 4570000 4621000 12449000 4570000 6431000 5954000 5194000 103176000 146532000 177761000 22390000 32946000 67670000 131997000 185433000 250626000 -127376000 -172984000 -246056000 27875000 16991000 111743000 7511000 13732000 27545000 -20364000 -3258000 -84198000 -147740000 -176242000 -330254000 0 0 5848000 -147740000 -176242000 -336102000 43066012 43066012 63046350 63046350 69527315 69527315 -3.43 -3.43 -2.80 -2.80 -4.83 -4.83 -147740000 -176242000 -336102000 112000 -31000 93000 112000 -31000 93000 112000 -187000 2384000 112000 -187000 2384000 225000 -219000 2477000 -147516000 -176461000 -333625000 22313185 223000 150476000 0 -82770000 -60740000 7189000 -147740000 -147740000 112000 112000 225000 112000 112000 -147740000 -147516000 -60740000 60740000 0 40325500 403000 352974000 353377000 28111000 28111000 1030000 1030000 99583 1000 1849000 1850000 190550 2000 2000 8179000 8179000 10000 10000 62928818 629000 478218000 112000 -135210000 -147740000 196010000 62928818 629000 478218000 112000 -135210000 -147740000 196010000 -176242000 -176242000 -187000 -31000 -219000 -187000 -31000 -176242000 -176461000 -147740000 147740000 0 -446000 -446000 200000 200000 4000 45000 45000 415019 4000 -4000 1000 20224000 20224000 120000 120000 63347837 633000 478905000 -75000 -262638000 -176242000 40584000 63347837 633000 478905000 -75000 -262638000 -176242000 40584000 -336102000 -336102000 2384000 93000 2477000 2384000 93000 -336102000 -333625000 -176242000 176242000 0 11679400 117000 637345000 637462000 40306000 40306000 300000 300000 525913 5000 33763000 33768000 257087 3000 3343000 3346000 1178084 12000 23338000 1009000 24359000 920377 9000 53912000 53921000 627714 6000 -6000 0 35397000 35397000 78536412 785000 1190593000 2309000 -402380000 -336102000 455205000 -147740000 -176242000 -336102000 707000 1100000 1072000 109000 74000 -65000 8179000 20224000 35397000 -34000 -16000 0 24827000 14203000 45697000 2953000 11609000 23782000 -355000 -710000 -153000 -1158000 1416000 62330000 0 -4140000 0 0 0 44706000 0 0 5848000 22000 204000 270000 -118395000 -155495000 -164780000 -14231000 4591000 7042000 31757000 -3444000 -6210000 3821000 -1487000 2110000 -81000 1763000 710000 -21265000 -1423000 -3651000 0 0 0 -97130000 -154072000 -161129000 0 3000 0 265000 640000 142000 -1620000 -231000 71000 9351000 591000 14152000 741000 9050000 500000 2400000 8178000 5530000 -8095000 15762000 -8193000 353377000 0 648124000 28111000 -446000 40914000 0 47944000 0 11635000 0 53920000 55841000 0 0 27188000 8750000 2188000 1250000 1250000 2514000 110000 2708000 0 529000 458000 911000 10000 434000 0 5279000 7696000 6490000 0 0 5820000 163000 245000 300000 335290000 28207000 547307000 -5072000 2382000 -10251000 0 0 4730000 224992000 -107720000 372464000 26950000 251942000 144221000 251942000 144221000 516685000 224992000 -107720000 372464000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">The Group </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 1.1. Information on the Group and its business </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">ABIVAX SA (the “Company”) is a société anonyme incorporated under the laws of France on December 4, 2013. Its registered office </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">is located at 7-11 Boulevard Haussmann—75009 Paris, France. The Company is developing therapeutics that harness the body’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:184.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These consolidated financial statements as of and for the year ended December 31, 2025 comprise the Company and ABIVAX LLC </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(the “Subsidiary”), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.97pt;position:var(--position);text-decoration:none;white-space:pre">the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.17pt;position:var(--position);text-decoration:none;white-space:pre"> United States subsidiary of ABIVAX SA, created on March 20, 2023 under the laws of the State of Delaware </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:204.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(together referred to as the “Group”).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group has incurred losses since its inception and had shareholders’ equity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.17pt;position:var(--position);text-decoration:none;white-space:pre">€455,205</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.67pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.17pt;position:var(--position);text-decoration:none;white-space:pre">thousand as of December 31, 2025. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group anticipates incurring additional losses until such time, if ever, that it can generate significant revenue from its drug candidates </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which are currently under development. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.03pt;position:var(--position);text-decoration:none;white-space:pre">Substantial additional financing will be needed by the Group to fund its operations and to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">commercially develop its drug candidates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's future operations are highly dependent on a combination of factors, including: (i) the success of its research and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">development activities; (ii) regulatory approval and market acceptance of its proposed future products; (iii) the timely and successful </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">completion of additional financing and (iv) the development of competitive therapies by other biotechnology and pharmaceutical </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">companies. As a result, the Group is, and expects to continue to be, in the short to mid-term, financed through the issuance of new </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">equity or debt instruments. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:340.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group is focusing its efforts on the following areas: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:362.56pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Completion of the Phase 3 clinical trial program (ABTECT) for obefazimod in moderately to severely active ulcerative colitis </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:376pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(“UC”). </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:389.44pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Continuation of the Phase 2b clinical trial (ENHANCE-CD) of obefazimod in Crohn’s disease (“CD”). </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:402.88pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Evaluating combination therapy candidates with obefazimod in UC.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:416.32pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Selecting a follow-on candidate for obefazimod. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 1.2. Date of authorization of issuance </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:475.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The consolidated financial statements and related notes (the “financial statements”) have been prepared under the responsibility of </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">management of the Group and were approved and authorized for issuance by the Group’s board of directors on </span>March 19, 2026. 455205000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Basis of preparation </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:535.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Except for share data and per share amounts, the financial statements are presented in thousands of euros. Amounts are rounded up or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">down the nearest whole number for the calculation of certain financial data and other information contained in these accounts. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:558.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accordingly, the total amounts presented in certain tables may not be the exact sum of the preceding figures. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:569.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:581.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Statement of compliance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:603.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The consolidated financial statements of the Group as of and for the years ended December 31, 2023, 2024 and 2025 have been </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">prepared in accordance with both International Financial Reporting Standards (“IFRS”) as issued by the International Accounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:625.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Standard Board (“IASB”) and IFRS as adopted by the European Union (“EU”) regulation n°1606/2002 of July 19, 2002. The term </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“IFRS” refers collectively to International Accounting Standards (“IAS”) and IFRS as well as the interpretations issued by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:648.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Standing Interpretations Committee (“SIC”) and the International Financial Reporting Interpretations Standards Committee (“IFRS </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:659.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IC”), whose application is mandatory for the year ended December 31, 2025. </span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Preparation of the financial statements </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The consolidated financial statements of the Group were prepared on a historical cost basis, with the exception of certain asset and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:103.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">liability categories and in accordance with the provisions set out in IFRS such as employee benefits measured using the projected unit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit method, the Heights notes (classified under "Convertible loan notes") measured at fair value and derivative financial instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">measured at fair value. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.47pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:155.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Going concern </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:177.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group has incurre</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">d substantial operating losses since inception and expects to continue to incur significant operating losses for the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:189.36pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">foreseeab</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre">le future and may never become profitable. For the year ended December 31, 2025, the Group had a net loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre">€336,102 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:201.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.09pt;position:var(--position);text-decoration:none;white-space:pre">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.59pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.09pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:225.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Since inception, the Group has financed its operations through the issuance of ordinary shares with gross aggregate proceeds of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:237.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€1,194.7 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.35pt;position:var(--position);text-decoration:none;white-space:pre">, of which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.1pt;position:var(--position);text-decoration:none;white-space:pre">€130 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.45pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from offerings of its ordinary shares on Euronext Paris in February </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:249.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61pt;position:var(--position);text-decoration:none;white-space:pre">€223.3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.85pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from its offering of ordinary shares in the form of American Depository Shares ("ADS") </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:261.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on the Nasdaq Global Market as well as ordinary shares in Europe (including France) and countries outside of the United States in a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:273.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">private placement in October 2023, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.64pt;position:var(--position);text-decoration:none;white-space:pre">€637.5 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.49pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from the offering of the Group's ordinary shares in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:285.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">form of ADS on the Nasdaq Global Market in July 2025 ("the Offering"), </span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.83pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ba</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.26pt;position:var(--position);text-decoration:none;white-space:pre">nk borrowings and structured loans</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.27pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.77pt;position:var(--position);text-decoration:none;white-space:pre">for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.93pt;position:var(--position);text-decoration:none;white-space:pre">€175.0 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.78pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:297.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reimbursements of Research Tax Credits (Crédit d’Impôt Recherche (“CIR”)) in an aggregate amo</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.47pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">unt of </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.57pt;position:var(--position);text-decoration:none;white-space:pre">€41.2 million</span><span style="background-color:#ffff00;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.42pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">,</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> subsidies </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.36pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">received from Banque Publique d’Investissement (“Bpifrance”) (inclu</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.2pt;position:var(--position);text-decoration:none;white-space:pre">ding </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.47pt;position:var(--position);text-decoration:none;white-space:pre">€17.1 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.32pt;position:var(--position);text-decoration:none;white-space:pre"> of subsidies and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.72pt;position:var(--position);text-decoration:none;white-space:pre">€1.8 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.57pt;position:var(--position);text-decoration:none;white-space:pre"> of conditional </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:321.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">advances) and royalty certificates in an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.95pt;position:var(--position);text-decoration:none;white-space:pre">€2.9 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.8pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:345.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Based on the Group’s existing cash and cash equivalents </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.93pt;position:var(--position);text-decoration:none;white-space:pre">and other short-</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.21pt;position:var(--position);text-decoration:none;white-space:pre">term investments</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.73pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.06pt;position:var(--position);text-decoration:none;white-space:pre">€530.4 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.91pt;position:var(--position);text-decoration:none;white-space:pre"> a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.84pt;position:var(--position);text-decoration:none;white-space:pre">s of December 31, 2025, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:356.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group expects, as of the date of issuance of these financial statements, to be able to fund its forecasted cash flow requirements into </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the fourth quarter of 20</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.25pt;position:var(--position);text-decoration:none;white-space:pre">27. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.25pt;position:var(--position);text-decoration:none;white-space:pre">This take</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.14pt;position:var(--position);text-decoration:none;white-space:pre">s into account management's assumptions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.76pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.09pt;position:var(--position);text-decoration:none;white-space:pre">continued</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.49pt;position:var(--position);text-decoration:none;white-space:pre"> R&amp;D expenditure related to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">continuation of the Phase 3 clinical trials of obefazimod in UC, progression of the Phase 2b clinical trials for CD and the initial stages </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the scale up of the commercial organization as the Group prepares for a potential launch of obefazimod in UC.</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.78pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">  </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Based on the above, these financial statements have been prepared on a going concern basis.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:444.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Impact of the Ukraine/Russia Hostilities on the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February 2022, Russia invaded Ukraine. The conflict has already had major implications for the global economy and the rate of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">inflation, particularly in relation to the supply of energy, raw materials and food products. It has also caused intense volatility on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:489.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial markets, something that is still ongoing at the reporting date and has pushed down stock market prices around the world. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:511.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Given these developments, the Group has decided not to include Russia and Belarus in its global Phase 3 program for obefazimod in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">UC. However, the global scale of this conflict cannot be predicted at this stage. The Group, therefore, cannot rule out an adverse </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:534.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impact of this conflict on its business, including in terms of access to raw materials, logistics, the performance of clinical studies and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:545.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in relation to any future financing the Group may seek. </span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:567.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The long-term safety and efficacy extension of the</span><span style="color:#ff0000;font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:237.68pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.16pt;position:var(--position);text-decoration:none;white-space:pre">Phase 2b maintenance trial of obefazimod in moderately to severely active UC is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group’s only clinical trial with patients currently enrolled in Ukraine.  The Phase 2b 12-month assessment was carried out in all </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Ukrainian patients before the war broke out and these patients are therefore included in the one-year maintenance results that were </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reported on April 6, 2022. Ukrainian patients who completed the two-year Phase 2b maintenance trial have been transitioned to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:613.58pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">long-term safety and efficacy trial that is still on-going. The Group also has a few Ukrainian sites active in the western part of Ukraine </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in the ABTECT Phase 3 clinical trials.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.95pt;position:var(--position);text-decoration:none;white-space:pre"> None of these sites are located in the Crimea Region of Ukraine, the so-called Donetsk </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">People’s Republic, or the so-called Luhansk People’s Republic. We continue to monitor developments in the region, but any </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:647.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instability as a result of the war may have material adverse impacts on these clinical sites, which could negatively impact our Phase 3 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">clinical trials.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:680.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Together with its contract research organizations ("</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.91pt;position:var(--position);text-decoration:none;white-space:pre">CROs")</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.75pt;position:var(--position);text-decoration:none;white-space:pre">, the Group is making considerable efforts to ensure the follow-up of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">patients who are unable to come to the study centers. Monitoring takes place through a remote monitoring system that was established </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:703.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and used successfully during the COVID-19 pandemic.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.19pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.69pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">N</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:42.66pt;position:var(--position);text-decoration:none;white-space:pre">ew, revised or amended Standards and Interpreta</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:241.12pt;position:var(--position);text-decoration:none;white-space:pre">tions </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group applied the amendment to IAS 21 The Effects of Changes in Foreign Exchange Rates – Lack of Exchangeability that is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:103.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">effective as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.07pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.61pt;position:var(--position);text-decoration:none;white-space:pre">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.11pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.61pt;position:var(--position);text-decoration:none;white-space:pre">The Group assessed the impacts resulting from the application of this issued accounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">pronouncement and concluded that they are not material.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:144.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">New standards, amendments and interpretations issued by IASB but not yet mandatory for financial years starting from January 1, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:170.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group did not elect for early application of the following new standards, amendments and interpretations, which were issued but </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:180.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">not mandatory as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.15pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.69pt;position:var(--position);text-decoration:none;white-space:pre">: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:201.66pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures – Amendments to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:215.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Classification and Measurement of Financial Instruments, whose application is for annual reporting periods beginning on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">or after January 1, 2026, as approved by the EU on May 27, 2025; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:241.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures – Contracts Referencing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:253.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Nature-dependent Electricity, whose application is for annual reporting periods beginning on or after January 1, 2026, as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">approved by the EU on June 30, 2025; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:275.58pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 18 Presentation and Disclosure in Financial Statements, whose application is for annual reporting periods </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">beginning on or after January 1, 2027, as approved by the EU on February 16, 2026; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:297.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 19 Subsidiaries without Public Accountability: Disclosures, whose application is for annual reporting periods </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">beginning on or after January 1, 2027 (not yet approved by the UE), and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:485.99pt">Annual Improvements Volume 11, whose application is for annual reporting periods beginning on or after January 1,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt">2026, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115pt;position:var(--position);text-decoration:none;white-space:pre;width:157.69pt">as approved by the EU on July 9, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These texts have not been early adopted. The application of the standards and interpretations issued respectively by the IASB and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS IC that are not yet effective as of December 31, 2025 is not expected to have a material impact on the Group’s consolidated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.22pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial statements. IFRS 18, issued in April 2024 and effective from January 1, 2027, will modify the presentation of the </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Consolidated statements of income (loss) and the Consolidated statements of cash flows</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.1pt;position:var(--position);text-decoration:none;white-space:pre">.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Statement of compliance </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:603.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The consolidated financial statements of the Group as of and for the years ended December 31, 2023, 2024 and 2025 have been </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">prepared in accordance with both International Financial Reporting Standards (“IFRS”) as issued by the International Accounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:625.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Standard Board (“IASB”) and IFRS as adopted by the European Union (“EU”) regulation n°1606/2002 of July 19, 2002. The term </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“IFRS” refers collectively to International Accounting Standards (“IAS”) and IFRS as well as the interpretations issued by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:648.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Standing Interpretations Committee (“SIC”) and the International Financial Reporting Interpretations Standards Committee (“IFRS </span></div>IC”), whose application is mandatory for the year ended December 31, 2025. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Going concern </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:177.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group has incurre</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">d substantial operating losses since inception and expects to continue to incur significant operating losses for the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:189.36pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">foreseeab</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre">le future and may never become profitable. For the year ended December 31, 2025, the Group had a net loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre">€336,102 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:201.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.09pt;position:var(--position);text-decoration:none;white-space:pre">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.59pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.09pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:225.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Since inception, the Group has financed its operations through the issuance of ordinary shares with gross aggregate proceeds of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:237.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€1,194.7 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.35pt;position:var(--position);text-decoration:none;white-space:pre">, of which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.1pt;position:var(--position);text-decoration:none;white-space:pre">€130 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.45pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from offerings of its ordinary shares on Euronext Paris in February </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:249.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61pt;position:var(--position);text-decoration:none;white-space:pre">€223.3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.85pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from its offering of ordinary shares in the form of American Depository Shares ("ADS") </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:261.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on the Nasdaq Global Market as well as ordinary shares in Europe (including France) and countries outside of the United States in a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:273.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">private placement in October 2023, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.64pt;position:var(--position);text-decoration:none;white-space:pre">€637.5 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.49pt;position:var(--position);text-decoration:none;white-space:pre"> of gross proceeds were from the offering of the Group's ordinary shares in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:285.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">form of ADS on the Nasdaq Global Market in July 2025 ("the Offering"), </span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.83pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ba</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.26pt;position:var(--position);text-decoration:none;white-space:pre">nk borrowings and structured loans</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.27pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.77pt;position:var(--position);text-decoration:none;white-space:pre">for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.93pt;position:var(--position);text-decoration:none;white-space:pre">€175.0 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.78pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:297.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reimbursements of Research Tax Credits (Crédit d’Impôt Recherche (“CIR”)) in an aggregate amo</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.47pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">unt of </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.57pt;position:var(--position);text-decoration:none;white-space:pre">€41.2 million</span><span style="background-color:#ffff00;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.42pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">,</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> subsidies </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.36pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">received from Banque Publique d’Investissement (“Bpifrance”) (inclu</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.2pt;position:var(--position);text-decoration:none;white-space:pre">ding </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.47pt;position:var(--position);text-decoration:none;white-space:pre">€17.1 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.32pt;position:var(--position);text-decoration:none;white-space:pre"> of subsidies and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.72pt;position:var(--position);text-decoration:none;white-space:pre">€1.8 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.57pt;position:var(--position);text-decoration:none;white-space:pre"> of conditional </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:321.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">advances) and royalty certificates in an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.95pt;position:var(--position);text-decoration:none;white-space:pre">€2.9 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.8pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:345.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Based on the Group’s existing cash and cash equivalents </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.93pt;position:var(--position);text-decoration:none;white-space:pre">and other short-</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.21pt;position:var(--position);text-decoration:none;white-space:pre">term investments</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.73pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.06pt;position:var(--position);text-decoration:none;white-space:pre">€530.4 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.91pt;position:var(--position);text-decoration:none;white-space:pre"> a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.84pt;position:var(--position);text-decoration:none;white-space:pre">s of December 31, 2025, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:356.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group expects, as of the date of issuance of these financial statements, to be able to fund its forecasted cash flow requirements into </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the fourth quarter of 20</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.25pt;position:var(--position);text-decoration:none;white-space:pre">27. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.25pt;position:var(--position);text-decoration:none;white-space:pre">This take</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.14pt;position:var(--position);text-decoration:none;white-space:pre">s into account management's assumptions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.76pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.09pt;position:var(--position);text-decoration:none;white-space:pre">continued</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.49pt;position:var(--position);text-decoration:none;white-space:pre"> R&amp;D expenditure related to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">continuation of the Phase 3 clinical trials of obefazimod in UC, progression of the Phase 2b clinical trials for CD and the initial stages </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the scale up of the commercial organization as the Group prepares for a potential launch of obefazimod in UC.</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.78pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">  </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Based on the above, these financial statements have been prepared on a going concern basis.</span></div> -336102000 1194700000 130000000 223300000 637500000 175000000.0 41200000 17100000 1800000 2900000 530400000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Impact of the Ukraine/Russia Hostilities on the Group </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February 2022, Russia invaded Ukraine. The conflict has already had major implications for the global economy and the rate of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">inflation, particularly in relation to the supply of energy, raw materials and food products. It has also caused intense volatility on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:489.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial markets, something that is still ongoing at the reporting date and has pushed down stock market prices around the world. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:511.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Given these developments, the Group has decided not to include Russia and Belarus in its global Phase 3 program for obefazimod in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">UC. However, the global scale of this conflict cannot be predicted at this stage. The Group, therefore, cannot rule out an adverse </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:534.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impact of this conflict on its business, including in terms of access to raw materials, logistics, the performance of clinical studies and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:545.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in relation to any future financing the Group may seek. </span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:567.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The long-term safety and efficacy extension of the</span><span style="color:#ff0000;font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:237.68pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.16pt;position:var(--position);text-decoration:none;white-space:pre">Phase 2b maintenance trial of obefazimod in moderately to severely active UC is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group’s only clinical trial with patients currently enrolled in Ukraine.  The Phase 2b 12-month assessment was carried out in all </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Ukrainian patients before the war broke out and these patients are therefore included in the one-year maintenance results that were </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reported on April 6, 2022. Ukrainian patients who completed the two-year Phase 2b maintenance trial have been transitioned to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:613.58pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">long-term safety and efficacy trial that is still on-going. The Group also has a few Ukrainian sites active in the western part of Ukraine </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in the ABTECT Phase 3 clinical trials.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.95pt;position:var(--position);text-decoration:none;white-space:pre"> None of these sites are located in the Crimea Region of Ukraine, the so-called Donetsk </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">People’s Republic, or the so-called Luhansk People’s Republic. We continue to monitor developments in the region, but any </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:647.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instability as a result of the war may have material adverse impacts on these clinical sites, which could negatively impact our Phase 3 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">clinical trials.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:680.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Together with its contract research organizations ("</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.91pt;position:var(--position);text-decoration:none;white-space:pre">CROs")</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.75pt;position:var(--position);text-decoration:none;white-space:pre">, the Group is making considerable efforts to ensure the follow-up of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">patients who are unable to come to the study centers. Monitoring takes place through a remote monitoring system that was established </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and used successfully during the COVID-19 pandemic.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">N</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:42.66pt;position:var(--position);text-decoration:none;white-space:pre">ew, revised or amended Standards and Interpreta</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:241.12pt;position:var(--position);text-decoration:none;white-space:pre">tions </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group applied the amendment to IAS 21 The Effects of Changes in Foreign Exchange Rates – Lack of Exchangeability that is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:103.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">effective as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.07pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.61pt;position:var(--position);text-decoration:none;white-space:pre">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.11pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.61pt;position:var(--position);text-decoration:none;white-space:pre">The Group assessed the impacts resulting from the application of this issued accounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">pronouncement and concluded that they are not material.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">New standards, amendments and interpretations issued by IASB but not yet mandatory for financial years starting from January 1, </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:170.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group did not elect for early application of the following new standards, amendments and interpretations, which were issued but </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:180.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">not mandatory as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.15pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.69pt;position:var(--position);text-decoration:none;white-space:pre">: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:201.66pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures – Amendments to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:215.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Classification and Measurement of Financial Instruments, whose application is for annual reporting periods beginning on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">or after January 1, 2026, as approved by the EU on May 27, 2025; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:241.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures – Contracts Referencing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:253.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">Nature-dependent Electricity, whose application is for annual reporting periods beginning on or after January 1, 2026, as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">approved by the EU on June 30, 2025; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:275.58pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 18 Presentation and Disclosure in Financial Statements, whose application is for annual reporting periods </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.78pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">beginning on or after January 1, 2027, as approved by the EU on February 16, 2026; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:297.98pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 19 Subsidiaries without Public Accountability: Disclosures, whose application is for annual reporting periods </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.18pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre">beginning on or after January 1, 2027 (not yet approved by the UE), and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:485.99pt">Annual Improvements Volume 11, whose application is for annual reporting periods beginning on or after January 1,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.38pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt">2026, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115pt;position:var(--position);text-decoration:none;white-space:pre;width:157.69pt">as approved by the EU on July 9, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These texts have not been early adopted. The application of the standards and interpretations issued respectively by the IASB and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS IC that are not yet effective as of December 31, 2025 is not expected to have a material impact on the Group’s consolidated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.22pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial statements. IFRS 18, issued in April 2024 and effective from January 1, 2027, will modify the presentation of the </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Consolidated statements of income (loss) and the Consolidated statements of cash flows</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.1pt;position:var(--position);text-decoration:none;white-space:pre">.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:140.48pt;position:var(--position);text-decoration:none;white-space:pre">Significant events for the years ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:300.07pt;position:var(--position);text-decoration:none;white-space:pre"> December 31, 2023, 2024 and 2025 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:451.95pt;position:var(--position);text-decoration:none;white-space:pre">and subsequent events </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 3.1. For the year ended December 31, 2023 </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:480.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Company announces successful oversubscribed </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:246.1pt;position:var(--position);text-decoration:none;white-space:pre">€130.0 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:304.4pt;position:var(--position);text-decoration:none;white-space:pre"> cross-over financing at market price with top-tier U.S. and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:492.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">European Biotech investors – February 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On February 22, 2023, the Company announced the successful pricing of an oversubscribed </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.97pt;position:var(--position);text-decoration:none;white-space:pre">€130.0 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.82pt;position:var(--position);text-decoration:none;white-space:pre"> financing with high-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">quality U.S. and European biotech specialist investors, led by TCGX, with participation from existing investors Invus, Deep Track </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Capital, Sofinnova Partners, and Venrock Healthcare Capital Partners, as well as from new investors Great Point Partners, LLC, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deerfield Management Company, Commodore Capital, Samsara BioCapital, Boxer Capital and others, by way of a reserved capital </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre">€130 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.39pt;position:var(--position);text-decoration:none;white-space:pre"> through the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.36pt;position:var(--position);text-decoration:none;white-space:pre">20,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.36pt;position:var(--position);text-decoration:none;white-space:pre"> newly-issued ordinary shares with a nominal value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.31pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.81pt;position:var(--position);text-decoration:none;white-space:pre"> per share, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:560.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">representing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.88pt;position:var(--position);text-decoration:none;white-space:pre">89.6%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.71pt;position:var(--position);text-decoration:none;white-space:pre"> of its current share capital, at a subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.21pt;position:var(--position);text-decoration:none;white-space:pre">€6.50</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:348.71pt;position:var(--position);text-decoration:none;white-space:pre"> per share. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Related transaction costs amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.96pt;position:var(--position);text-decoration:none;white-space:pre">€6.7 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.81pt;position:var(--position);text-decoration:none;white-space:pre"> and were deducted from the share premiums. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:610.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Change in governance and management – February-August 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:626.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On April 5, 2023, the Company announced the appointment of Marc de Garidel as Chief Executive Officer (“CEO”) and Interim </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Board Chair, effective May 5, 2023. Corinna zur Bonsen-Thomas stepped down as acting Chair, a position she held since August </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2022, and remains a Board Member. Prof. Hartmut J. Ehrlich, M.D., retired from the CEO position, which he held since the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:656.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Company’s founding in 2013, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.45pt;position:var(--position);text-decoration:none;white-space:pre">and stayed on as a strategic advisor during the transition period, which ended on December 31, 2023. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:678.62pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On February 17, 2023, and April 18, 2023, the Company respectively announced the appointments of Dr. Sheldon Sloan, M.D., M. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:689.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Bioethics as new Chief Medical Officer and Michael Ferguson as new Chief Commercial Officer. </span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 11, 2023, the Group announced the appointments of June Lee, M.D. and Troy Ignelzi as new independent members of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group’s Board of Directors, replacing Joy Amundson and Jean-Jacques Bertrand. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 23, 2023, the Group announced the appointment of Patrick Malloy as new Senior Vice President Investor Relations.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Creation of Abivax LLC – March 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:144.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On March 20, 2023, Abivax LLC (or the "Subsidiary”), was incorporated as a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:347.31pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:349.81pt;position:var(--position);text-decoration:none;white-space:pre">limited liability company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:450.77pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.27pt;position:var(--position);text-decoration:none;white-space:pre">under the laws of Delaware. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of the issuance of the financial statements, the Company has full ownership over the Subsidiary. The Subsidiary hosts the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:164.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">operations in the United States. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:192.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Cashless exercise of the Kreos A&amp;B BSA – May 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On May 24, 2023, Kreos Capital V UK Ltd (or “Kreos”) opted for the cashless exercise option of the share warrants they held (as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:225.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">defined in Note 15.3), implemented through the repurchase by the Group of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.27pt;position:var(--position);text-decoration:none;white-space:pre">43,070</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.77pt;position:var(--position);text-decoration:none;white-space:pre"> tranche A share warrants (“Kreos A BSA”) and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">43,070</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.5pt;position:var(--position);text-decoration:none;white-space:pre"> tranche B share warrants (“Kreos B BSA”) and the issuance of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.07pt;position:var(--position);text-decoration:none;white-space:pre">67,887</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.57pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417pt;position:var(--position);text-decoration:none;white-space:pre">31,696</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.5pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares, as a result of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:248.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the exercise by Kreos of the outstanding Kreos A &amp; B BSA. The accounting treatment of the operation is set forth in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.67pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.3</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.0899999999999pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:270.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Free shares compensation plans – July-December 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In July, September and December 2023, the Group issued </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.94pt;position:var(--position);text-decoration:none;white-space:pre"> free shares compensation plans (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:417.84pt;position:var(--position);text-decoration:none;white-space:pre">attributions gratuites d’actions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre">, or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:304.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“AGAs”) to certain of its officers and employees, representing a maximum of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:349.24pt;position:var(--position);text-decoration:none;white-space:pre">2,601,296</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.24pt;position:var(--position);text-decoration:none;white-space:pre"> shares in the aggregate. The detailed terms </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:315.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and conditions and the accounting treatment of these plans are presented in Note 14.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:337.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group secures financing up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:177.57pt;position:var(--position);text-decoration:none;white-space:pre">€150 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:228.37pt;position:var(--position);text-decoration:none;white-space:pre"> from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:252.25pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:266.68pt;position:var(--position);text-decoration:none;white-space:pre"> structured debt financing transactions – August 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 20, 2023, the Group concurrently signed </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.43pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.41999999999996pt;position:var(--position);text-decoration:none;white-space:pre"> structured debt financing transactions for a total amount of up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre">€150 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.26pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:371.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">consisting of (i) up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.55pt;position:var(--position);text-decoration:none;white-space:pre">€75 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.9pt;position:var(--position);text-decoration:none;white-space:pre"> from Kreos Capital and Claret European Growth Capital (the “Kreos / Claret Financing”) together </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:382.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with the issuance of warrants (“the Kreos / Claret BSA”) exercisable to receive ordinary shares of the Company, for an aggregate </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:393.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exercise price of up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.27pt;position:var(--position);text-decoration:none;white-space:pre">€8 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.62pt;position:var(--position);text-decoration:none;white-space:pre"> and (ii) up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.52pt;position:var(--position);text-decoration:none;white-space:pre">€75 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.87pt;position:var(--position);text-decoration:none;white-space:pre"> from a fund advised by Heights Capital Management, Inc. (the “Heights </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financing” and together with the Kreos / Claret Financing, the “Transaction”). The detailed structure and characteristics of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Transaction are set forth</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> in Notes 15.1 and 15.2.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:438.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The first tranches of the Kreos / Claret Financing and the Heights Financing, for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.25pt;position:var(--position);text-decoration:none;white-space:pre">€25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.6pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.03pt;position:var(--position);text-decoration:none;white-space:pre">€35 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.38pt;position:var(--position);text-decoration:none;white-space:pre">, respectively, were </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:449.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">drawn on August 22, 2023, and August 24, 2023, respectively. In addition, the Group concurrently granted to Kreos and Claret, for no </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:460.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">additional consideration, warrants exercisable to receive ordinary shares of the Company for an aggregate exercise price of up to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€4 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.35pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:494.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As part of the Transaction, the Group is also repaying in full a total outstanding amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.52pt;position:var(--position);text-decoration:none;white-space:pre">€33 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.87pt;position:var(--position);text-decoration:none;white-space:pre"> under (i) the pre-existing debt </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:505.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">agreements with Kreos for a total amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.24pt;position:var(--position);text-decoration:none;white-space:pre">€8 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> and (ii) the pre-existing OCEANE bonds for a total amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.68pt;position:var(--position);text-decoration:none;white-space:pre">€25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.03pt;position:var(--position);text-decoration:none;white-space:pre"> by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:516.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">way of set-off with the Heights Financing, thereby fully repaying such pre-existing indebtedness. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:539.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The net proceeds of the drawdown of the first tranche of the Kreos / Claret Financing and of the Heights Financing which, net of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">refinancing of the existing indebtedness, amount to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243pt;position:var(--position);text-decoration:none;white-space:pre">€27 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.35pt;position:var(--position);text-decoration:none;white-space:pre"> in the aggregate, are expected to be allocated mainly to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">development of obefazimod for the treatment of adults with moderately to severely active UC and other potential chronic </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:572.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">inflammatory indications, as well for working capital and general corporate purposes of the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:595.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 2, 2023, the Group granted additional warrants to Kreos and Claret, for an aggregate exercise price of up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre">€4 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:567.94pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:606.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in order to secure the future drawdown of the third tranche of the Kreos / Claret debt financing. The detailed characteristics of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:617.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issuance is set forth in Note 15.1.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:640.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group announces closing of its Initial Public Offering on the Nasdaq Global Market – October 2023  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:662.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On October 24, 2023, the Group announced the closing of its previously announced initial public offering on the Nasdaq Global </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:674.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Market by way of a capital increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.9pt;position:var(--position);text-decoration:none;white-space:pre">20,325,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.9pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares, consisting of a public offering of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.65pt;position:var(--position);text-decoration:none;white-space:pre">18,699,460</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.65pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:685.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in the form of American Depositary Shares (“ADSs”), each representing the right to receive </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.83pt;position:var(--position);text-decoration:none;white-space:pre">one</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.26pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary share, in the United States </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:697.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(the “U.S. Offering”), and a concurrent offering of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.51pt;position:var(--position);text-decoration:none;white-space:pre">1,626,040</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.51pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares in certain jurisdictions outside of the United States to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:708.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certain investors (the “European Private Placement”, and together with the U.S. offering, the “Global Offering”). The offering price </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">was set at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.33pt;position:var(--position);text-decoration:none;white-space:pre">$11.60</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.83pt;position:var(--position);text-decoration:none;white-space:pre"> per ADS in the U.S. Offering and a corresponding offering price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.77pt;position:var(--position);text-decoration:none;white-space:pre">€10.9864</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.27pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share in the European </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Private Placement. All of the ADSs and ordinary shares in the Global Offering were offered by the Group. The ADSs began trading on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Nasdaq Global Market on October 20, 2023. The aggregate gross proceeds were approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.47pt;position:var(--position);text-decoration:none;white-space:pre">$235.8 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.32pt;position:var(--position);text-decoration:none;white-space:pre">, equivalent to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:105.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.2pt;position:var(--position);text-decoration:none;white-space:pre">€223.3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.05pt;position:var(--position);text-decoration:none;white-space:pre"> based on the exchange rate then in effect, before deduction of underwriting commissions and expenses </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">payable by the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:140.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The net proceeds of the Global Offering were</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.28pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.78pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">$212.2 million</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.63pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> (</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€202.0 million</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.31pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">), after deducting </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.33pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">$23.6 million</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.18pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> (</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.01pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€21.3 million</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:528.86pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">) i</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.46pt;position:var(--position);text-decoration:none;white-space:pre">n </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:151.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">transaction costs. These costs were deducted from the share premiums.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 3.2. For the year ended December 31, 2024 </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Changes in governance – February-December 2024 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:263.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On February 7, 2024, the Group announced the appointment of Ana Sharma as Vice President, Global Head of Quality. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:289.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On April 2, 2024, the Group announced the appointment of Camilla Soenderby as Independent Board Member and also a member of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:299.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Appointments and Compensation Committee. Ms. Soenderby replaces Santé Holdings S.R.L., represented by Mr. Paolo Rampulla, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">who will continue to contribute to the work of the Board of Directors as an observer alongside Mr. Maurizio PetitBon from Kreos </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:319.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Capital/Blackrock.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:339.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In July 2024, the Group announced the appointment of Sylvie Grégoire as Independent Board Member, Chairman of the Board and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:347.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">also a member of the Audit Committee. Dr. Grégoire replaces Ms. Brosgart as Director, Mr. de Garidel as Chairman, and Mr. Hong as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">member of the Audit Committee. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 13, 2024, the Group announced the appointment of Mark Stenhouse as Board Observer &amp; Advisor to the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On December 23, 2024, the Group announced the resignation of Dr. Philippe Pouletty, representative of Truffle Capital, as director of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group, effective on December 31, 2024. </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:427.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Share-based compensation plans</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:italic;font-weight:normal;left:168.14pt;position:var(--position);text-decoration:none;white-space:pre">  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:174.14pt;position:var(--position);text-decoration:none;white-space:pre">– February-September 2024 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February, March, May, July and September 2024, the Group issued </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.85pt;position:var(--position);text-decoration:none;white-space:pre">seven</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.6pt;position:var(--position);text-decoration:none;white-space:pre"> free-share compensation plans to certain of its officers </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and employees, representing a maximum of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.3pt;position:var(--position);text-decoration:none;white-space:pre">1,946,125</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.3pt;position:var(--position);text-decoration:none;white-space:pre"> shares in the aggregate, the vesting of which is subject to the following service </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">condition: </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.34pt;position:var(--position);text-decoration:none;white-space:pre"> of the AGAs vest at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.1pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.09pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.61pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.27pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.6pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.19pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.15pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre"> period from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:486.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.63pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.55pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.21pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.73pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date (with the exception of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.04pt;position:var(--position);text-decoration:none;white-space:pre">20,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.54pt;position:var(--position);text-decoration:none;white-space:pre"> 2024-6 AGAs, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:496.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">whose vesting conditions are set forth in Note 14).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:516.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2024, the Group granted its independent Board members the right to subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.27pt;position:var(--position);text-decoration:none;white-space:pre">77,820</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.77pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants (BSA) in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">aggregate, the vesting of which (if subscribed) is subject to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.13pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.37pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.48pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.81pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on each </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">anniversary date. All the BSAs have been subscribed.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:559.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Drawdown of Tranches B and C of the Kreos / Claret Financing – March-June 2024 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On March 28, 2024 and June 21, 2024, the Group drew down </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.5pt;position:var(--position);text-decoration:none;white-space:pre">€25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.85pt;position:var(--position);text-decoration:none;white-space:pre"> related to tranche B and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.26pt;position:var(--position);text-decoration:none;white-space:pre">€25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.61pt;position:var(--position);text-decoration:none;white-space:pre"> related to tranche C of </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:596.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">senior secured non-convertible bonds from the Kreos / Claret Financing.</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:325.7pt;position:var(--position);text-decoration:none;white-space:pre">  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.7pt;position:var(--position);text-decoration:none;white-space:pre">These second and third tranches each consist of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.25pt;position:var(--position);text-decoration:none;white-space:pre">25,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:569.25pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:610.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">senior secured non-convertible bonds with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.49pt;position:var(--position);text-decoration:none;white-space:pre">€1.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.99pt;position:var(--position);text-decoration:none;white-space:pre"> each, that will not be listed on any market.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The detailed characteristics of these bond loans and their accounting treatments are set forth in Note 15.1.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Bpifrance RNP-VIR and Carena conditional advances – June 2024</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:671.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance renegotiated the RNP-VIR and CARENA conditional advances:</span></div><div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Between September 2017 and November 2019, the Group had received repayable conditional advances amounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:84.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€4,032 thousands</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> and subsidies amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.06pt;position:var(--position);text-decoration:none;white-space:pre">€1,123 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.15pt;position:var(--position);text-decoration:none;white-space:pre"> in relation to the RNP-VIR project, which aimed at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:98.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">discovering new molecules for the treatment of viral infectious diseases through the development of the “Modulation of RNA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:111.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">biogenesis” platform. In June 2024, the Group and Bpifrance agreed to terminate the project due to technical failure, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:125.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Bpifrance agreed to waive </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.62pt;position:var(--position);text-decoration:none;white-space:pre">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.95pt;position:var(--position);text-decoration:none;white-space:pre"> of the remaining advances. See Note 15.7 "Conditional Advances".</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:153.36pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Between December 2013 and June 2016, the Group had received repayable conditional advances amounting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:167.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€2,187 thousands</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> in relation to the CARENA project, which aimed at developing an anti-HIV-AIDS therapeutic program </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:180.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">with the compound ABX464 up to the Phase 2b study. In June 2024, the Group and Bpifrance agreed to terminate the project </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">due to technical failure, and Bpifrance agreed to waive </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.34000000000003pt;position:var(--position);text-decoration:none;white-space:pre">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre"> of the remaining conditional advance. See Note 15.7 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">"Conditional Advances".</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:233.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group fully reimbursed the remaining conditional advances for both programs during the last quarter of 2024. The subsidy </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:245.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">income recognized over the period, corresponding to the amounts waived by Bpifrance and related interests, amounts to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€4,123 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre"> in the aggregate (see Note 18).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:291.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Establishment of an At-the-Market ("ATM") Program on Nasdaq - November 2024</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 19, 2024, the Group announced the implementation of an At-The-Market program (“ATM Program”) allowing the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:325.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group to issue and sell, including with unsolicited investors who have expressed an interest, ordinary shares in the form of ADSs, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:337.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">each ADS representing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre">one</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.6pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary share, nominal value </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.41pt;position:var(--position);text-decoration:none;white-space:pre"> per share, of the Group, with aggregate gross sales proceeds of up to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:348.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">$150,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.09pt;position:var(--position);text-decoration:none;white-space:pre"> (subject to French regulatory limits and within the limits of the investors’ requests expressed in the context of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">program), from time to time, pursuant to the terms of an equity distribution agreement with Piper Sandler &amp; Co. (“Piper Sandler”), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:371.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">acting as sales agent. The timing of any issuances in the form of ADSs will depend on a variety of factors. The ATM Program will be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:383.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">effective until terminated in accordance with the equity distribution agreement or if ADSs representing the maximum gross sales </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">proceeds have been sold thereunder. To the extent that ADSs are sold pursuant to the ATM Program, the Group currently intends to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">use the net proceeds (after deduction of fees and expenses), if any, of sales of ADSs issued under the ATM Program primarily to fund </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:417.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the research and development of the Group's product candidates, for working capital and general corporate purposes, at its discretion.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A shelf registration statement on Form F-3, including a base prospectus relating to the Group's securities and an equity distribution </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:452.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">agreement prospectus relating to the ATM Program, was filed with the SEC and went into effect during 2024. The base prospectus </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:463.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">provides for the potential sale of ADSs of the Group with aggregate gross sales proceeds of up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.75pt;position:var(--position);text-decoration:none;white-space:pre">$350,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.84pt;position:var(--position);text-decoration:none;white-space:pre"> (including the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:475.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">$150,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.09pt;position:var(--position);text-decoration:none;white-space:pre"> covered by the equity distribution agreement prospectus) to grant additional flexibility to the Group in connection </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:486.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with its financing strategy. The specific terms of any securities to be offered pursuant to the base prospectus will be specified in one or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:498.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">more prospectus supplements to the base prospectus. As of the date of issuance of these financial statements, the Group has not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:509.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">utilized the ATM Program. </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 3.3</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:70.42pt;position:var(--position);text-decoration:none;white-space:pre">. For the year ended December 31, 2025 </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:92.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Share-based compensation plans</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:italic;font-weight:normal;left:168.14pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:171.14pt;position:var(--position);text-decoration:none;white-space:pre">– January-</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:214.72pt;position:var(--position);text-decoration:none;white-space:pre">November </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:258.28pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In January 2025, the Group granted its independent Board members, as well as one of its Board Observers and Advisor, the right to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">125,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.51pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants (BSA) in the aggregate, the vesting of which is subject to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.69pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.93pt;position:var(--position);text-decoration:none;white-space:pre">, by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.61pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.94pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on January 1 of each year.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February, March, May, August and November 2025,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.8pt;position:var(--position);text-decoration:none;white-space:pre"> the Group issued </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.53pt;position:var(--position);text-decoration:none;white-space:pre">eight</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.5pt;position:var(--position);text-decoration:none;white-space:pre"> free-share compensation plans to certain of its officers </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and employees, representing a maximum o</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.47pt;position:var(--position);text-decoration:none;white-space:pre">f </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.3pt;position:var(--position);text-decoration:none;white-space:pre">6,280,727</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.3pt;position:var(--position);text-decoration:none;white-space:pre"> shares in the aggregate, the vesting of which is subject to the following service </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">condition: </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.34pt;position:var(--position);text-decoration:none;white-space:pre"> of the AGAs vest at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.1pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.09pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.61pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.27pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.6pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.19pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.15pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre"> period from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:202.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.63pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.55pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.21pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.73pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date (with the exception of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.04pt;position:var(--position);text-decoration:none;white-space:pre">123,102</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.54pt;position:var(--position);text-decoration:none;white-space:pre"> 2025-2 AGAs, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which vest at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.6pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.59pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.11pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, and the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.4pt;position:var(--position);text-decoration:none;white-space:pre">50,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.9pt;position:var(--position);text-decoration:none;white-space:pre"> 2025-5 AGAs , which vest only upon the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">achievement of milestones related to clinical studies). Moreover, the vesting of almost half of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.88pt;position:var(--position);text-decoration:none;white-space:pre">4,319,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.88pt;position:var(--position);text-decoration:none;white-space:pre"> 2025-1 AGAs is subject to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the occurrence of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.77pt;position:var(--position);text-decoration:none;white-space:pre">tender offer on the securities issued by the Group and resulting in a change of control of the Group</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.38pt;position:var(--position);text-decoration:none;white-space:pre"> before a certain </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:250.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:274.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In April 2025, the Group granted to one of its Board members the right to subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.98pt;position:var(--position);text-decoration:none;white-space:pre">39,370</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.48pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants (BSA), the vesting of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which is subject to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.92pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.16pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.27pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.6pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on May 1 of each year. The BSAs were </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscribed in May 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The detailed terms and conditions of these plans are set forth in Note 14.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:346.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Change in management – April 2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:369.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On April 22, 2025, the Group announced the appointment of Dominik Höchli, MD to the Board of Directors of Abivax, effective </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:381.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">immediately.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:405.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Completion of enrollment for the Phase 3 ABTECT trials in patients with moderately to severely active UC - April 2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:429.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On April 29, 2025, the Group announced the completion of enrollment for the Phase 3 ABTECT trials in patients with moderately to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:441.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">severely active UC.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:465.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Publication of positive Phase 3 results from both ABTECT 8-week induction trials investigating obefazimod, in moderate to severely </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:477.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">active UC </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:78.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre">–</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:83.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre"> July 2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:501.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 22, 2025, the Group announced the positive results of the ABTECT-1 and ABTECT-2 induction trials in patients with </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:513.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">moderately to severely active UC. ABTECT-1 and 2 are global, multicenter, randomized, double-blind, placebo-controlled trials </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:525.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assessing once-daily oral administration of obefazimod at 25 mg or 50 mg doses in adult patients with moderately to severely active </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:537.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">UC. Eligible participants had inadequate response, loss of response, or intolerance to conventional and/or advanced therapies.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following this announcement and that of its Offering completed on July 28, 2025 (see </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:383.19pt;position:var(--position);text-decoration:none;white-space:pre">Completion of a public offering – July 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.31pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:573.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">within this section), the Group’s share price increased significantly, from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.66pt;position:var(--position);text-decoration:none;white-space:pre">€6.64</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.16pt;position:var(--position);text-decoration:none;white-space:pre"> as of June 30, 2025, to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.4pt;position:var(--position);text-decoration:none;white-space:pre">€57.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.9pt;position:var(--position);text-decoration:none;white-space:pre"> as of July 28, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:584.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At the same time, the Group reassessed the probability of success (“POS”) of obtaining a future market authorization for obefazimod </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:595.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in UC, to reflect a reduced level of uncertainty following positive Phase 3 results.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:618.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The main financial effects of this event on the Group’s financial statements are the following:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:640.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">A significant increase in the carrying value of the royalty certificates, measured at amortized cost, reflecting an increase in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:652.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">projected probability-weighted cash flows of the instrument, following the reassessment of the POS (see Note 15.9),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:674.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Significant changes in the carrying value of the Group’s financial liabilities measured at fair value through profit or loss, i.e. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:685.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the Kreos / Claret BSA, the Kreos / Claret MRI and the Heights convertible notes (the latter as well as the Kreos / Claret BSA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:697.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">being converted into ordinary shares at the request of the noteholders in July and August 2025, see </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:468.85pt;position:var(--position);text-decoration:none;white-space:pre">Conversion of the Heights </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:708.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible notes, Kreos / Claret OCABSA and Kreos / Claret BSA –</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:346.71pt;position:var(--position);text-decoration:none;white-space:pre"> July-August 2025 below </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.29pt;position:var(--position);text-decoration:none;white-space:pre">and Notes 15.1 and 15.2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.46pt;position:var(--position);text-decoration:none;white-space:pre">),</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Significant changes in the disclosure of the fair values of other financial instruments measured at amortized cost (i.e. the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">royalty certificates, the debt components of (i) the Kreos / Claret OCABSA (Tranche A, converted into shares in August </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">2025) and (ii) Tranche B and C bond loans; these fair value changes are not expected directly to impact the future financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">position and net loss of the Group - see Note 15),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:138.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">A significant increase in provisions related to employer contributions on AGAs (the contribution being based on the vesting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:149.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">date share price - see Note 14).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Completion of a public offering </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:164.49pt;position:var(--position);text-decoration:none;white-space:pre">–</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:169.49pt;position:var(--position);text-decoration:none;white-space:pre"> July 2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 28, 2025, the Group announced the completion of an underwritten public offering of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.86pt;position:var(--position);text-decoration:none;white-space:pre">11,679,400</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.86pt;position:var(--position);text-decoration:none;white-space:pre"> ADSs (the “Offering”) at a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:218.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre">$64.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.78999999999999pt;position:var(--position);text-decoration:none;white-space:pre"> per ADS (corresponding to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.33pt;position:var(--position);text-decoration:none;white-space:pre">€54.58</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.83pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share, based on the exchange rate of €1.00 = $</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.12pt;position:var(--position);text-decoration:none;white-space:pre">1.1726</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.62pt;position:var(--position);text-decoration:none;white-space:pre"> as published by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the European Central Bank on July 23, 2025). The aggregate gross proceeds amounted to approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.3pt;position:var(--position);text-decoration:none;white-space:pre">$747.5 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.15pt;position:var(--position);text-decoration:none;white-space:pre">, equivalent to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:242.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.2pt;position:var(--position);text-decoration:none;white-space:pre">€637.5 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.05pt;position:var(--position);text-decoration:none;white-space:pre">, before deduction of underwriting commissions and estimated expenses, and the net proceeds, after </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:254.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">deducting underwriting commissions and estimated offering expenses, were approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.26pt;position:var(--position);text-decoration:none;white-space:pre">$700.3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.11pt;position:var(--position);text-decoration:none;white-space:pre">, equivalent to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.2pt;position:var(--position);text-decoration:none;white-space:pre">€597.2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.05pt;position:var(--position);text-decoration:none;white-space:pre">. The net cash from the Offering of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.4pt;position:var(--position);text-decoration:none;white-space:pre">€607.2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.9pt;position:var(--position);text-decoration:none;white-space:pre"> million presented within the Consolidated Statements of Cash </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Flows also includes the effect of a net foreign exchange gain </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.98pt;position:var(--position);text-decoration:none;white-space:pre">resulting from the favorable change in the euro to U.S. dollar exchange </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:290.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">rate between the closing of the Offering and the date of receipt of funds.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group believes that the net proceeds from the Offering, together with its current cash and cash equivalents, will allow it to finance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:326.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">its operations into the fourth quarter of 2027, allowing it to reach 12 months of expected cash runway following the planned NDA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">submission for UC, assuming positive results from its Phase 3 maintenance trial (see Note 2 above "Going concern").</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conversion of the Heights convertible notes, Kreos OCABSA and Kreos / Claret BSA and prepayment of the Kreos / Claret Tranches </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:386.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">B and C bond loans –</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.92pt;position:var(--position);text-decoration:none;white-space:pre"> July-December 2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:409.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 23 and July 30, 2025, the Group received notices from entities affiliated with Heights Capital Management, which hold </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:421.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amortizing senior convertible notes of the Group issued in August 2023 (the “Height convertible notes”), for the immediate conversion </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:433.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.58pt;position:var(--position);text-decoration:none;white-space:pre">150</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.58pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.01pt;position:var(--position);text-decoration:none;white-space:pre">200</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.01pt;position:var(--position);text-decoration:none;white-space:pre"> convertible notes (corresponding to the entirety of the outstanding principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.47pt;position:var(--position);text-decoration:none;white-space:pre">€21.9 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:551.32pt;position:var(--position);text-decoration:none;white-space:pre">) into </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:445.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">920,377</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares of the Group at a conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.83pt;position:var(--position);text-decoration:none;white-space:pre">€23.7674</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.33pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share in accordance with the terms and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:457.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conditions of the convertible notes.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:481.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">On August 8, 2025, Kreos Capital VII (UK) Limited converted its portion of the Tranche A of the Kreos / Claret Financing (the Kreos</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:492.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:163.21pt">OCABSA), resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.21pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">785,389</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.71pt;position:var(--position);text-decoration:none;white-space:pre;width:344.2pt"> ordinary shares. In addition, on July 30, 2025, Kreos Capital VII Aggregator SCSp</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:503.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:414.04pt">exercised its share warrants (the tranche A-B BSA and tranche C BSA) resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.04pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">319,251</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.54pt;position:var(--position);text-decoration:none;white-space:pre;width:93.36pt"> ordinary shares of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:514.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.05pt">Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:537.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 28, 2025, Claret European Growth Capital Fund III SCSp exercised its share warrants (the tranche A-B BSA and tranche C </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:549.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSA) resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.87pt;position:var(--position);text-decoration:none;white-space:pre">206,662</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.37pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:573.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 25, 2025, Claret European Growth Capital Fund III SCSp converted its portion of the Tranche A portion of the Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:584.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Claret Financing (the Claret OCABSA), resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.74pt;position:var(--position);text-decoration:none;white-space:pre">392,695</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.24pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares of the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:607.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On December 23, 2025, the Group completed the full prepayment of the outstanding balances of Tranches B and C of the Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:619.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Claret Financing. The repayment amount, including end-of-loan exit fees and prepayment fees, amounts to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.22pt;position:var(--position);text-decoration:none;white-space:pre">33,823 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.31pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:643.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following these transactions, the Group no longer holds any debt related to the Kreos / Claret and Heights Financings.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:666.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The impacts of these operations on the Group's financial statements are set forth in Note 15.1 and 15.2.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Admission to the CAC Mid 60 and SBF 120 indices - September 2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following the annual review of the Euronext Paris indices on September 11, 2025, the Scientific Council of the Indices has decided to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">admit the Company to the CAC Mid 60 and SBF 120 indices. This decision took effect on Friday, September 19, 2025, after market </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">close. The CAC Mid 60 and SBF 120 are key indices on the Euronext Paris exchange, representing mid-sized listed companies and a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">broader selection of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.84pt;position:var(--position);text-decoration:none;white-space:pre">120</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.84pt;position:var(--position);text-decoration:none;white-space:pre"> major securities, respectively.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 3.4. Subsequent events  </span><div style="font-size:12pt;line-height:12pt;position:var(--position);top:226.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Share-based compensation plans</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:italic;font-weight:normal;left:168.14pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:171.14pt;position:var(--position);text-decoration:none;white-space:pre">– February 2026</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February 2026, the Group issued a new free-share compensation plan to certain of its officers and employees, representing a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">maximum of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.84pt;position:var(--position);text-decoration:none;white-space:pre">47,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.34pt;position:var(--position);text-decoration:none;white-space:pre"> shares in the aggregate, the vesting of which is subject to the following service condition: </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.98pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.31pt;position:var(--position);text-decoration:none;white-space:pre"> of the AGAs vest </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:276.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.09pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.08pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.6pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.26pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.18pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.14pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.66pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.75pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.0799999999999pt;position:var(--position);text-decoration:none;white-space:pre"> at the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.69pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.35pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.87pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In February 2026,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.91pt;position:var(--position);text-decoration:none;white-space:pre"> the Group granted its independent Board members, as well as one of its Board Observers and Advisor, the right to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">23,477</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.51pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants (BSA) in the aggregate, the vesting of which (if subscribed) is subject to a service condition of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:336.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.66pt;position:var(--position);text-decoration:none;white-space:pre"> years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.24000000000001pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.35pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.68pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on each February 1st thereafter. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre">Changes in Management - March</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2026, the Group appointed Michael Nesrallah, MBA, as Chief Commercial Officer, Keith Fournier, Ph.D., as Senior Vice </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:395.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">President of Global Regulatory Affairs, and Maurus de la Rosa, Ph.D., Senior Vice President of Research.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:417.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2026, Sofinnova Partners, represented by Dr. Kinam Hong, stepped down from the Group's Board of Directors.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In light of Mr. Didier Scherrer's departure from his role as Chief Scientific Officer, the Group entered into a settlement agreement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:451.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">("protocole d’accord transactionnel") with Mr. Didier Scherrer under which:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:462.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Mr. Scherrer received a balance of notice pay in the total gross amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.58pt;position:var(--position);text-decoration:none;white-space:pre">€278 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.17pt;position:var(--position);text-decoration:none;white-space:pre">, together with a contractual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:473.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">severance indemnity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€240 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.3pt;position:var(--position);text-decoration:none;white-space:pre"> (net);</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:485.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the Group waived the continued employment condition attached to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.41pt;position:var(--position);text-decoration:none;white-space:pre">77,050</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.91pt;position:var(--position);text-decoration:none;white-space:pre"> free shares previously granted to Mr. Scherrer;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:496.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the Group waived the continued employment condition for a further </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.16pt;position:var(--position);text-decoration:none;white-space:pre">40,200</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.66pt;position:var(--position);text-decoration:none;white-space:pre"> free shares, subject to specific performance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:507.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">conditions;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:518.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the remaining </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.7pt;position:var(--position);text-decoration:none;white-space:pre">217,750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.2pt;position:var(--position);text-decoration:none;white-space:pre"> free shares previously granted to Mr. Scherrer are lapsed; and</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span>Mr. Scherrer irrevocably waived all claims and renounced any legal action against the Group. 130000000.0 130000000.0 130000000 20000000 0.01 0.896 6.50 6700000 43070 43070 67887 31696 5 2601296 150000000 2 2 150000000 75000000 8000000 75000000 25000000 35000000 4000000 33000000 8000000 25000000 27000000 4000000 20325500 18699460 1 1626040 11.60 10.9864 235800000 223300000 212200000 202000000.0 23600000 21300000 7 1946125 0.50 P2Y 0.25 P3Y 0.25 P4Y 20000 77820 P4Y 0.25 25000000 25000000 25000000 1.00 4032000 1123000 0.60 2187000 0.60 4123000 1 0.01 150000000 350000000 150000000 125000 P4Y 0.25 8 6280727 0.50 P2Y 0.25 P3Y 0.25 P4Y 123102 P2Y 50000 4319500 39370 P4Y 0.25 6.64 57.00 11679400 64.00 54.58 1.1726 747500000 637500000 700300000 597200000 607200000 150 200 21900000 920377 23.7674 785389 319251 206662 392695 33823000 47500 0.50 P2Y 0.25 P3Y 0.25 P4Y 23477 P4Y 0.25 278000 240000 77050 40200 217750 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Accounting principles </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.1. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following initial recognition, goodwill is stated at cost less any accumulated impairment losses (see Note 4.4). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:613.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In respect of business combinations prior to January 1, 2020, in accordance with IFRS 1 exemption, goodwill is included on the basis </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:623.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of its deemed cost, which represents the amount recorded under the prior basis of accounting, French GAAP, (“Previous GAAP”). </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.2. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Intangible assets </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:667.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 38—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.9pt;position:var(--position);text-decoration:none;white-space:pre">, intangible assets acquired are recognized as assets on the statements of financial position at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:677.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">their acquisition cost. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Licenses, patents and development costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:86.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Payments for separately acquired research and development are capitalized within “intangible assets” provided that they meet the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">definition of an intangible asset: a resource that is (i) controlled by the Group, (ii) expected to provide future economic benefits for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group and (iii) identifiable (i.e., it is either separable or arises from contractual or legal rights). In accordance with paragraph 25 of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IAS 38—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74.61pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.15pt;position:var(--position);text-decoration:none;white-space:pre">, the recognition criterion relating to the likelihood of future economic benefits generated by the intangible </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">asset, is presumed to be achieved for research and development activities when they are acquired separately. In this context, amounts </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:136.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">paid to third parties in the form of initial payments or milestone payments relating to pharmaceutical specialties that have not yet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obtained a marketing authorization are recognized as intangible assets. These rights will be amortized on a straight-line basis, after </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obtaining the marketing authorization, over their useful life. Unamortized rights (before marketing authorization) are subject to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impairment tests in accordance with the method defined in Note 4.4.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research and development costs</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 38 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.9pt;position:var(--position);text-decoration:none;white-space:pre">, research costs are expensed in the period during which they are incurred. Development costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are only recognized as intangible assets if the following criteria are met: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:232.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it is technically feasible to complete the development of the project; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:248.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it is th</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre">e Group’s intention to complete the project and to utilize it; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it has capacity to utilize the intangible asset; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is proof of the probability of future economic benefits associated with the asset </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is availability of the technical, financial and other resources for completing the project; and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is a reliable evaluation of the development expenses. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The initial measurement of the asset is the sum of expenses incurred starting on the date on which the development project meets the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">above criteria. Because of the risks and uncertainties related to regulatory authorizations and to the research and development process, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group believes that the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.14pt;position:var(--position);text-decoration:none;white-space:pre">six</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.8pt;position:var(--position);text-decoration:none;white-space:pre"> criteria stipulated by IAS 38 have not been fulfilled to date and the application of this principle has </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">resulted in all development costs being expensed as incurred in all periods presented. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:392.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other intangible assets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other intangible assets mainly consist of acquired software. Costs related to the acquisition of software licenses are recognized as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assets based on the costs incurred to acquire and set up the related software. Other intangible assets are amortized using the straight-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:428.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">line method over a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.99pt;position:var(--position);text-decoration:none;white-space:pre">one year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.11pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.3. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 16 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Property, Plant and Equipment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.8pt;position:var(--position);text-decoration:none;white-space:pre">, property, plant and equipment are recognized at their acquisition cost (purchase </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:482.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price and directly attributable costs) or at their production cost by the Group, as applicable. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment are depreciated using the straight-line method over the estimated useful life of the asset. The principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:514.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">useful lives applied are as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:534.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:324pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150.75pt"></td><td style="padding:0;width:95.25pt"></td><td style="padding:0;width:78pt"></td></tr><tr style="height:15.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:15.75pt;width:173.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:173.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;position:var(--position);text-decoration:none;white-space:pre">DEPRECIATION PERIOD</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Buildings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:30pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:30pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office fixtures and fittings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:44.25pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.67pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.71pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:76.21pt;position:var(--position);text-decoration:none;top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:44.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:58.5pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:58.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Industrial materials and equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:72.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:72.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Technical facilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:87pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:87pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture and computer equipment:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:101.25pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:101.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:115.5pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:115.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">IT equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:129.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:129.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:144pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:22.08pt;position:var(--position);white-space:pre">       </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.58pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:144pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:35.95pt;position:var(--position)">(1)<span style="display:inline-block;height:6.93pt;width:12.84pt"></span></span><span style="left:60.45pt;position:var(--position)">Office fixtures and fittings estimated useful lives correspond to the Paris headquarters and Boston offices residual estimated </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.45pt;position:var(--position);text-decoration:none;white-space:pre">lease terms. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The useful lives of property, plant and equipment as well as any residual values are reviewed at each year-end and, in the event of a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:112.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">significant change, the depreciation schedule is revised prospectively. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.4. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Impairment of goodwill, intangible assets, property and plant and equipment </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill and intangible assets not yet available for use are not amortized and are tested for impairment annually. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In addition, the Group assesses at the end of each reporting period whether there is an indication that intangible assets and property, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">plant and equipment may be impaired. Pursuant to IAS 36—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:278.56pt;position:var(--position);text-decoration:none;white-space:pre">Impairment of Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.93pt;position:var(--position);text-decoration:none;white-space:pre">, criteria for assessing indication of loss in value may </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">notably include performance levels lower than forecast, a significant change in market data or the regulatory environment, or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obsolescence or physical damage of the asset not included in the amortization/depreciation schedule. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the purpose of impairment testing, goodwill and intangible assets not yet available for use are allocated to each of the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGUs expected to benefit from synergies arising from the business combination or from the use of the intangible assets. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">An impairment loss is recognized when the carrying amount of a CGU, including the goodwill, exceeds the recoverable amount of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGU. The recoverable amount of a CGU is the higher of the CGU’s fair value less cost to sell and value-in-use. The total impairment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">loss of a CGU is allocated first to reduce the carrying amount of goodwill allocated to the CGU and then to the other assets of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGU pro-rata on the basis of the carrying amount of each asset in the CGU. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">An impairment loss on goodwill is not reversed in a subsequent period. Impairment losses on intangible assets and property, plant and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">equipment shall be reversed subsequently if the impairment loss no longer exists or has decreased. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.5. Financial assets </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financial assets at amortized cost </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (advances, loans and deposits granted to third parties and other short-term investments) and other receivables are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">non-derivative financial assets with fixed or determinable payments that are not listed on an active market. They are initially </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized at fair value plus transaction costs that are directly attributable to the acquisition or issue of the financial asset. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:420.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 9 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74.61pt;position:var(--position);text-decoration:none;white-space:pre">Financial Instruments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.64pt;position:var(--position);text-decoration:none;white-space:pre">requires an entity to recognize a loss allowance for expected credit losses on a financial asset at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:430.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost at each statement of financial position date. The amount of the loss allowance for expected credit losses equal to: (i) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">12—month expected credit losses or (ii) the full lifetime expected credit losses. The latter applies if credit risk has increased </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:450.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">significantly since initial recognition of the financial instrument. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:494.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group classifies investments as cash equivalents in the statements of financial position and statements of cash flows when they </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">meet the conditions of IAS 7—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:161.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre">Statement of Cash Flows, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.8pt;position:var(--position);text-decoration:none;white-space:pre">i.e., when they are: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">held in order to face short-term cash commitments; and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">short term and highly liquid assets at acquisition date, readily convertible into known amount of cash and not exposed to </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">any material risk of change in value. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.6. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Share capital </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary shares are classified in shareholders’ equity. Costs associated with the issuance of new shares are directly accounted for in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:600.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">shareholders’ equity in diminution of issuance premium. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:622.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s own shares bought in the context of a brokering/liquidity agreement entered with an independent broker are presented as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:632.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">a reduction of shareholders’ equity until their cancellation, their reissuance or their disposal. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.7. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payments </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Since its inception, the Group has established several plans for compensation settled in equity instruments in the form of founders’ </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">share subscription warrants (“bons de souscription de parts de créateur d’entreprise” or “BCE”), share subscription warrants (“Bons de </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">souscription d’actions,” or “BSA”) and free shares (“Attributions gratuites d’actions,” or “AGA”), granted to its employees, corporate </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">officers and scientific consultants. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IFRS 2—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.78pt;position:var(--position);text-decoration:none;white-space:pre">these awards are measured at their fair value on the date of grant. The values of the equity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:158.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instruments are determined using the option pricing model (in particular, a Black and Scholes model for the BCE and BSA plans and a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:168.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Monte-Carlo simulation for the AGA plans which include market performance vesting conditions) based on the value of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">underlying equity instrument at grant date, the volatility observed in a sample of comparable listed companies and the estimated life of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the related equity instruments. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:210.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group recognizes the fair value of these awards as a share-based compensation expense over the period in which the related </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:220.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">services are received, i.e. over the vesting period, with a corresponding increase in shareholders’ equity. Share-based compensation is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized by installments in consistency with their graded vesting schedule, when applicable. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The amount recognized as an expense is adjusted to reflect the number of awards for which the related service and non-market </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">performance conditions are expected to be met, such that the amount ultimately recognized is based on the number of awards that meet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the related service and non-market performance conditions at the vesting date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:294.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For share-based payment awards with market vesting conditions and non-vesting conditions, the grant-date fair value of the share-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:304.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based payment is measured to reflect such conditions and there is no true-up for differences between expected and actual outcome. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The measurement of the fair value of BSA, BCE and AGA incorporates the market-based vesting conditions and non-vesting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conditions as described in Note 4.15 “Use of judgments and estimates”. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.8. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre">Note 4.8.1. Financial liabilities at amortized cost</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IFRS 9 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Financial Instruments, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.89pt;position:var(--position);text-decoration:none;white-space:pre">the borrowings, the debt component of the Kreos / Claret OCABSA (classified as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:412.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">convertible loan notes – see </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.47pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.98pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments below), royalty certificates and Other financial liabilities </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:422.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(conditional advances) other than financial derivative liabilities are measured at amortized cost. They are initially recognized at fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:432.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value and subsequently measured at amortized cost calculated using the effective interest rate (“EIR”) method. The transaction costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that are directly attributable to the issue of the financial liability reduce that financial liability. These expenses are then amortized over </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:452.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the lifetime of the liability, on the basis of the EIR. The EIR is the rate that exactly discounts estimated future cash payments through </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:462.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the expected life of the financial liability to the amortized cost of a financial liability. Financial liabilities that are due within one year </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are presented as current financial liabilities in the statements of financial position.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:516.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates meet the definition of financial liabilities. The Group concluded that they do not include embedded derivatives </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">related to the variability of royalties that are based on future net sales. In addition, the Group concluded that the prepayment options </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">were separate derivative instruments as their redemption price did not reimburse holders for an amount up to the approximate present </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value of lost interest for the remaining term of the host contracts. However, their value at inception and subsequent dates is nil and has </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:556.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">no impact on the financial statements. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates are initially measured at fair value (refer to note 15.9 for valuation model applied). They are subsequently </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:597.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">measured at amortized cost calculated using the EIR method. The EIR is calculated based on future cash flows, which are estimated on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the basis of development and commercialization plans and budgets approved by the Board of Directors of the Group, and probability-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">weighted to reflect the probability of success of clinical studies and any other uncertainty affecting them. If there is a change in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:633.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">timing or amount of estimated cash flows, then the gross carrying amount of the amortized cost of the financial liability is adjusted in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:645.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the period of change to reflect the revised actual and estimated cash flows, with a corresponding income or expense being recognized </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in profit or loss. The revised gross carrying amount of the amortized cost of the financial liability is calculated by discounting the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:669.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future revised estimated cash flows at the original EIR. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:699.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances and State guaranteed loan – “PGE” </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment for conditional advances and the State-guaranteed loan (Prêt garanti par l'Etat, or "PGE") is set forth in Note 4.9. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:98.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Leases </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment for lease liabilities is set forth in Note 4.12.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre">Note 4.8.2. Financial liabilities measured at fair value through profit or loss </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.9pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:169.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:127.27pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:186.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSA attached to Kreos 1 bonds, the conversion option of OCEANE, certain prepayment options of bonds, the Kreos / Claret warrants </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:196.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and the Kreos / Claret Minimum Return Indemnifications ("MRI") are derivatives instruments. Derivatives are recognized initially at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value at the date the derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The resulting gain or loss from change in the fair value is recognized in profit or loss immediately, as financial expenses or income. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:244.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Hybrid instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">OCEANE bonds </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.41pt;position:var(--position);text-decoration:none;white-space:pre">and Heights convertible notes (whose characteristics are described in Note 15.2 and Note 15.5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.25pt;position:var(--position);text-decoration:none;white-space:pre"> are hybrid </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instruments. A “hybrid contract” is a contract that includes both a non-derivative host contract and one or more embedded derivatives. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Embedded derivatives are required to be separated from the host contract (bifurcated) if: the economic characteristics and risks of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">embedded derivative are not closely related to those of the host, a separate instrument with the same terms as the embedded derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">would meet the definition of a derivative, and the hybrid contract is not measured at fair value through profit or loss. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Separable embedded derivatives are required to be measured at fair value at each reporting date, with changes in fair value recognized </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in profit or loss. The initial bifurcation of a separable embedded derivative does not result in any gain or loss being recognized. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Because the embedded derivative component is measured at fair value on initial recognition, the carrying amount of the host contract </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on initial recognition is the difference between the carrying amount of the hybrid instrument and the fair value of the embedded </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">derivative. If the fair values of the hybrid instrument and host contract are more reliably measurable than that of the derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">component - e.g. because of the availability of quoted market prices - then it may be acceptable to use those values to determine the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value of the derivative on initial recognition indirectly - i.e. as a residual amount. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights convertible notes issued on August 24, 2023 included embedded derivatives as detailed in Note 15. The Group concluded </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:428.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that these features were embedded derivatives that would modify the cash flows required under the contract and require to be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:439.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">bifurcated from their host contract. The Group being unable to reliably value each embedded derivative at issuance date and on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:450.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subsequent reporting dates, it measured the whole hybrid instrument at fair value through profit or loss (“FVTPL”) as permitted by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:461.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 9. Instruments measured at FVTPL under these conditions are measured at their fair value on issuance and on subsequent </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reporting dates, with changes in fair value recognized in profit or loss.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:495.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:519.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret OCABSA are compound instruments (whose characteristics are describ</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.62pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ed in Note 15.1). </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.57pt;position:var(--position);text-decoration:none;white-space:pre">A “compound contract” is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">a contract that includes both a debt component and an equity component.  The debt component (excluding the conversion option and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:542.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the attached OCABSA warrants) is initially recognized at fair value and subsequently measured at amortized cost calculated using the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:553.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">EIR method. The equity component corresponding to the conversion option and the attached OCABSA warrants is recorded in equity, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the difference between the whole instrument’s fair value (its nominal value) and the standalone fair value of the debt component.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:593.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Fair value measurement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">When measuring the fair value of an asset or a liability, the Company uses market observable data as far as possible. Fair values are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:619.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 1: fair value calculated using quoted prices in an active market for identical assets and liabilities; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:651.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 2: fair value calculated using valuation techniques based on observable market data such as prices for assets and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:661.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">liabilities or similar parameters quoted in an active market;  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:671.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 3: fair value calculated using valuation techniques based in whole or in part on unobservable inputs such as prices </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">in an inactive market or a valuation based on multiples of unlisted securities. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:703.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">See Note 12 Financial assets and liabilities and Note 15 Financial liabilities. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.9. Research tax credit, subsidies and conditional advances </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:86.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group benefits from the provisions of Article 244 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:255.53pt;position:var(--position);text-decoration:none;white-space:pre">quater </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.12pt;position:var(--position);text-decoration:none;white-space:pre">B of the French General Tax Code relating to the French research tax </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:112.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit (“</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:68.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre">Crédit d’Impôt Recherche</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.3pt;position:var(--position);text-decoration:none;white-space:pre">” or “CIR”). The CIR is granted to companies in order to encourage them to conduct technical and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:122.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scientific research. Companies that prove that they have expenditures which meet the required criteria (research expenditures located </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:132.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in France or, since January 1, 2005, within the European Union or in another state that is a party to the Agreement on the European </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Economic Area and has concluded a tax treaty with France that contains an administrative assistance clause) receive a tax credit that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">can be used for the payment of the corporate tax due for the fiscal year in which the expenditures were made and the next three fiscal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">years, or as applicable, companies may receive cash reimbursement for any excess portion at the three-year period following the fiscal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:172.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">year of the expenditures. Only those companies meeting the EU definition of a small or medium-sized entity (“SME”) are eligible for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">payment in cash of their research tax credit (to the extent not used to offset corporate tax payables) in the year following the request </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:192.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for reimbursement. The expenditures taken into account for the calculation of the CIR involve only research expenses. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The CIR is presented under “Other operating income” in the statements of income (loss) as it is accounted for as a government grant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:224.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as defined in IAS 20 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:128.16pt;position:var(--position);text-decoration:none;white-space:pre">Accounting for Government Grants and Disclosure of Government Assistanc</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.67pt;position:var(--position);text-decoration:none;white-space:pre">e, and as “Other receivables and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:234.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assets” in the statement of financial position until its payment is received. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies are non-repayable grants received by the Group and recognized in the financial statements when there exists reasonable </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assurance that the Group will comply with the conditions attached to the subsidies and the subsidies will be received. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:310.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies that are upfront payments are presented as deferred income and recognized through “Other operating income” for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:320.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount of the expenses incurred as part of the research program to which the subsidy relates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A subsidy that is to be received either as compensation for expenses or for losses already incurred, or for immediate financial support </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the Group without associated future costs, is recognized in the Statements of income (loss) as “Other operating income” when there </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:362.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exists reasonable assurance that the subsidies will be received. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:390.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances and PGE </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group receives conditional advances to finance at below market interest rate research and development projects. Due to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">innovative nature of its drug candidate development programs, the Group has benefited from certain sources of financial assistance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from Bpifrance. Bpifrance provides financial assistance and support to emerging French enterprises to facilitate the development and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">commercialization of innovative technologies. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:458.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Funds received from Bpifrance in the form of conditional advances are recognized as financial liabilities, as the Group has a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:468.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">contractual obligation to reimburse Bpifrance for such conditional advances in cash based on a repayment schedule. Each award of an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">advance is made to help fund a specific development milestone. More de</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.3pt;position:var(--position);text-decoration:none;white-space:pre">tails </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.43pt;position:var(--position);text-decoration:none;white-space:pre">on conditional advances are provided in Note 15.7. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Receipts or reimbursements of conditional advances are reflected as financing transactions in the statements of cash flows. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The difference between the present value of the advance at market rate (i.e., present value of contractual cash flows including principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and interests, discounted using a market rate as effective interest rate in accordance with IFRS 9) and the amount received as cash </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from the Bpifrance constitutes a subsidy within the meaning of IAS 20. Considering that these advances do not finance fixed assets, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">these subsidies are presented as “Deferred income” in the statement of financial position and recognized in the statement of net income </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(loss) as “Other operating income“ on a systematic basis over the periods in which the Group recognizes as expenses the related costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:560.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for which the grants are intended to compensate. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The incremental interest expense resulting from the difference between (a) the market interest rate and the (b) below-market rate is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:592.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">spread over the contractual period until the last repayment and recognized in the statement of income (loss) accordingly, using the EIR </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">method. In the event of a change in estimate of contractual cash flows due under the conditional advances, the Group recalculates the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">book value of the debt resulting from the discounting of the anticipated new future cash flows at the initial EIR. The adjustment is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:622.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized in the statements of income (loss) for the period during which the modification is recognized. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the statements of financial position, these conditional advances are recorded in “Other financial liabilities” as current or non-current </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">portion depending on their maturity. In the event Bpifrance waived the repayment of the advance, the corresponding liability is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:664.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">derecognized and treated as a subsidy in the statements of income (loss). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The benefit resulting from the low interest of PGE loans is also recognized as a subsidy corresponding to the difference between the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:696.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">present value of the PGE at market rate and the amount received as cash. The accounting treatment is therefore similar to the above-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">mentioned accounting treatment for conditional advances. PGE are recorded in “Borrowings” as current or non-current portion </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">depending on their maturity. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.10. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Employee benefits </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s employees in France benefit from retirement benefits provided under French law, which consist in the following: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:140.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">compensation paid by the Group to employees upon their retirement (a defined benefit plan); and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">payments of retirement pensions by the social security agencies, which are financed by the contributions made by the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Group and employees. As they meet the definition of a defined contribution plan, the liabilities are presented as Tax and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">employee-related payables in the statement of financial position. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In accordance with IAS 19 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:153.11pt;position:var(--position);text-decoration:none;white-space:pre">Employee Benefits</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.15pt;position:var(--position);text-decoration:none;white-space:pre">, the liability with respect to defined benefit plans is estimated by using the projected </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit unit method. According to this method, the cost of the retirement benefit is recognized in the statements of income (loss). The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:218.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">retirement benefit commitments are valued at the current value of the estimated future payments, discounted using the market rate for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">high quality corporate bonds with a term and currency that correspond to that estimated for the payment of the benefits. The Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">applied the decision of the IFRS IC, published on May 24, 2021, that concluded that, in the case that no rights were acquired in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:248.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">event of departure before retirement age and that the rights were capped after a certain number of years of seniority (“30 years”), the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:258.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">commitment would only be recognized for the last 30 years of the employee’s career within the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The difference between the amount of the provision at the beginning of a period and at the close of that period is recognized through </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:290.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">operating expenses for the portion representing the costs of services rendered and financial expenses for the net interest costs, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:300.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">through other comprehensive income (loss) for the portion representing the actuarial gains and losses due to changes in assumptions </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:310.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and experience adjustments. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.11. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Provisions </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:348.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Provisions correspond to commitments resulting from litigation and various risks to which the Group may face in the context of its </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:358.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">operations, as well as taxes and employer contributions related to AGAs that become due upon the vesting of the awards. In </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IAS 37 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:142.28pt;position:var(--position);text-decoration:none;white-space:pre">Provisions, Contingent Liabilities and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.92pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:297.42pt;position:var(--position);text-decoration:none;white-space:pre">Contingent Assets, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.29pt;position:var(--position);text-decoration:none;white-space:pre">a provision is recorded when the Group has an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obligation to a third party resulting from a past event that will likely result in an outflow of resources to the third party, and for which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future cash outflows may be estimated reliably. The amount recorded as a provision is an estimate of the expenditure required to settle </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:398.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the obligation, discounted where necessary at year end. For AGA taxes, the taxes are based on the vesting date share price, and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">provision is estimated based on the spot listed price at year-end multiplied by the number of AGAs which are expected to vest. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Contingent</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.4pt;position:var(--position);text-decoration:none;white-space:pre"> liabilities are not recognized, but are disclosed in the notes to the financial statements unless the possibility of an outflow </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:428.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of economic resources is remote. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.12. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Leases </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As lessee, the Group assesses whether a contract contains a lease at inception of a contract and upon the modification of a contract. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:482.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group elected to allocate the consideration in the contract to the lease and non-lease components on the basis of the relative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:492.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">standalone price. The Group recognizes a right-of-use asset and a corresponding lease liability for all arrangements in which it is a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:502.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">lessee, except for leases with a term of 12 months or less (short-term leases) and low-value leases (value of the underlying asset below </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:512.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€5.0 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.09pt;position:var(--position);text-decoration:none;white-space:pre">). For these short-term and low-value leases, the Group recognizes the lease payments as an operating expense on a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">straight-line basis over the term of the lease. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:544.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The lease liability is initially measured at the present value of the future lease payments as from the commencement date of the lease </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:554.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to the end of the lease term. The lease terms used by the Group reflect the non-cancellable terms of each contract, plus any extension </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">or termination options that the Group is reasonably certain to exercise or not exercise for all of the leases periods covered by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:574.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">extension options. The lease payments are discounted using the interest rate implicit in the lease or, if not readily determinable, the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:584.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group incremental borrowing rate for the asset subject to the lease in the respective markets. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:606.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever there is a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:616.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">change to the lease terms or expected payments under the lease, or a modification that is not accounted for as a separate lease. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:626.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">portion of the lease payments attributable to the repayment of lease liabilities and the portion attributable to payment of interests are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized in cash flows used in financing activities. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are initially recognized on the balance sheet at cost, which comprises the amount of the initial measurement of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:668.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">corresponding lease liability, adjusted for any lease payments made at or prior to the commencement date of the lease, any lease </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:678.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">incentives received and any initial direct costs incurred by the Group, and expected costs for obligations to dismantle and remove </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">right-of-use assets when they are no longer used. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are depreciated on a straight-line basis from the commencement date of the lease over the shorter of the useful life </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the right-of-use asset or the end of the lease term. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are assessed for impairment whenever there is an indication that the balance sheet carrying amount may not be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:112.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recoverable using cash flow projections. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.13. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Translation of transactions denominated in foreign currency </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 21</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.36pt;position:var(--position);text-decoration:none;white-space:pre"> – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">The Effects of Changes in Foreign Exchange Rates</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.3pt;position:var(--position);text-decoration:none;white-space:pre">, transactions performed by the Company and the Subsidiary </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in currencies other than their functional currencies, which are respectively the Euro and the U.S. dollar, are translated at the prevailing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exchange rate on the transaction date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Trade receivables and payables and liabilities denominated in a currency other than the functional currency are translated at the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">period-end exchange rate. Unrealized gains and losses arising on translation are recognized in net financial income / (loss). </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.14. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Current and deferred tax </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from or paid to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">French tax authorities, using tax rates and tax laws enacted or substantively enacted at the end of the reporting period in accordance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with IAS 12 – Income Tax. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The income tax charge for the period comprises current tax due and the deferred tax charge. The tax expense is recognized in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">statement of income (loss) unless it relates to items recorded in other comprehensive income (loss) or directly in equity, in which case </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the tax is also recorded in other comprehensive income (loss) or directly in equity. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:336.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Current taxes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The current tax expense is calculated based on taxable profit for the period, using tax rates enacted or substantively enacted at the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:362.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">statement of financial position date. Considering the level of tax loss of the Group, no current tax expense is recognized. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:390.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred taxes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred taxes are recognized when there are temporary differences between the carrying amount of assets and liabilities in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group’s financial statements and the corresponding tax basis used to calculate taxable profit. Deferred taxes are not recognized if they </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">arise from the initial recognition of an asset or liability in a transaction other than a business combination which, at the time of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">transaction, does not affect either the accounting or the taxable profit (tax loss). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:446.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group applies the Amendments to IAS 12 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:232.23pt;position:var(--position);text-decoration:none;white-space:pre">Deferred Tax related to Assets and Liabilities arising from a Single Transaction</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.79pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issued on May 7, 2021, and presents the deferred tax assets and liabilities arising from such transactions separately within Note 22 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:559.6pt;position:var(--position);text-decoration:none;white-space:pre">- </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Income tax, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.11pt;position:var(--position);text-decoration:none;white-space:pre">rather than on a net basis. The Amendments have no impact on the Statements of financial position and the Statement of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">comprehensive income (loss) for the periods presented.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets are recognized for all deductible temporary differences, unused tax losses and unused tax credits to the extent that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">it is probable that the temporary difference will reverse in the foreseeable future and that taxable profit will be available against which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the deductible temporary difference, unused tax losses or unused tax credits can be utilized. In this regard, the Group applies the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">decision of the IFRS IC, published on January 29, 2021, on the amount of deferred tax assets recognized from unused tax losses as a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:560.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">result of suitable taxable temporary differences, in the case when the use of such tax losses is restricted or limited by the tax law. See </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:570.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.15. Use of judgments and estimates and Note 22 Income tax. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 4.15. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Use of judgments and estimates </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In order to prepare financial statements in accordance with IFRS, estimates, judgments and assumptions were made by the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">management which could affect the reported amounts of assets, liabilities, contingent liabilities, income and expenses. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These estimates are based on the assumption of going concern and are prepared in accordance with information available at the date </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:656.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the financial statements were prepared. They are reviewed on an ongoing basis using past experience and various other factors </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:666.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">considered to be reasonable as the basis to measure the carrying amount of assets and liabilities. Estimates may be revised due to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:676.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">changes in the underlying circumstances or subsequent to new information. Actual results may differ significantly from these </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">estimates in line with assumptions or different conditions. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">This note provides an overview of the areas that involved a higher degree of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.88pt;position:var(--position);text-decoration:none;white-space:pre">judgment </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.12pt;position:var(--position);text-decoration:none;white-space:pre">or complexity, and of items which are more </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">likely to be materially adjusted due to changes in estimates and assumptions. Detailed information about each of these estimates and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">judgments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.13pt;position:var(--position);text-decoration:none;white-space:pre">is included in other notes together with information about the basis of calculation for each affected line item in the financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:100.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">statements. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Recognition and measurement of impairment of CGUs. The main assumptions used for the impairment test include </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(a) the amount of cash flows that are set on the basis of the development and commercialization plans and budgets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:136.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">approved by Board of Directors, (b) assumptions related to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.16pt;position:var(--position);text-decoration:none;white-space:pre">the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.36pt;position:var(--position);text-decoration:none;white-space:pre"> achievement of the clinical trials and the launch of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">commercialization, (c) the discount rate, (d) assumptions on risk related to the development and (e) for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">commercialization, selling price and volume of sales. The sensitivity analysis in respect of the recoverable amount of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">CGUs is presented in Note 6. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Measurement of share-based payments granted to employees, corporate officers and scientific consultants, such as BCE, </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">BSA and AGA, which is based on actuarial models; these models require the use by the Group of certain calculation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:205.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">assumptions such as the estimated vesting, the occurrence dates of a change of control or a M&amp;A transaction dates, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.11pt;position:var(--position);text-decoration:none;white-space:pre">the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:217.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">percentage of success (“POS”) of obefazimod,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.94pt;position:var(--position);text-decoration:none;white-space:pre"> the expected volatility and maturity of the underlying equity instrument </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(see Note 4.7 and Note 14), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Fair value measurement at inception and after of derivative financial instruments resulting from (i) the warrants issued </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:257.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">concomitantly with the issuance of the straight and convertible bonds to Kreos on July 24, 2018 (or “Kreos 1”), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.25pt;position:var(--position);text-decoration:none;white-space:pre">(ii) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:269.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret BSA issued on August 21, 2023 and November 2, 2023, related to tranches A-B and tranche C, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">respectively, and (iii) the Kreos / Claret Minimum Return Indemnifications related to tranches B and C, issued in March </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">2024 and June 2024, respectively,</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Amortized cost measurement a</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre">nd fair value</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.53000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> of royalty certificates, based on the following assumptions: (a) future cash </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:319.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">flows, estimated on the basis of development and commercialization plans and budgets approved by the Board of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:329.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Directors, (b) the effective interest rate (for the amortized cost measurement) and (c) the discount rate (for the fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:339.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">value). The sensitivity analyses in respect of the amortized cost measurement and fair value of royalty certificates is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:349.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">presented in Note 15,  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:365.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Fair value measurement of other financial liabilities at inception, </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.32pt;position:var(--position);text-decoration:none;white-space:pre">and after, for the Heights convertible notes measured at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:377.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">fair value at each reporting period, with fair value changes recognized in profit or loss, as well as for disclosure purposes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(see Note 15), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Estimation of CIR, based on internal and external expenses, which meet the required criteria, incurred by the Group each </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">year (see Note 4.9), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:432.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Recognition of deferred tax assets: availability and timing of future taxable profit against which deductible temporary </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">differences and tax losses carried forward can be utilized and whether sufficient evidence exists (see Note 22),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:458.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Recognition of deferred tax assets: tax deductibility of future royalty payments related to the royalty certificates issued in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">September 2022 (see Notes 15 and 22),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Determination of the terms of the leases, including whether the Group is reasonably certain to exercise extension and/or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">termination options (see Note 15.8).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The main critical judgments made by the Group’s management impact the following items: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment of specific conditions of share-based compensation plans (see Notes 4.7 and 14),</span></div><div style="font-size:12pt;line-height:10.5pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:582.06pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10.5pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:3.67pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre;width:484.88pt">Accounting treatment of the royalty certificates and August 2023 Kreos / Claret and Heights Financings (see Notes 4.8</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593.61pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre;width:32.76pt">and 15).</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following initial recognition, goodwill is stated at cost less any accumulated impairment losses (see Note 4.4). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:613.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In respect of business combinations prior to January 1, 2020, in accordance with IFRS 1 exemption, goodwill is included on the basis </span></div>of its deemed cost, which represents the amount recorded under the prior basis of accounting, French GAAP, (“Previous GAAP”). <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Intangible assets </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:667.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 38—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.9pt;position:var(--position);text-decoration:none;white-space:pre">, intangible assets acquired are recognized as assets on the statements of financial position at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:677.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">their acquisition cost. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Licenses, patents and development costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:86.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Payments for separately acquired research and development are capitalized within “intangible assets” provided that they meet the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">definition of an intangible asset: a resource that is (i) controlled by the Group, (ii) expected to provide future economic benefits for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group and (iii) identifiable (i.e., it is either separable or arises from contractual or legal rights). In accordance with paragraph 25 of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IAS 38—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74.61pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.15pt;position:var(--position);text-decoration:none;white-space:pre">, the recognition criterion relating to the likelihood of future economic benefits generated by the intangible </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">asset, is presumed to be achieved for research and development activities when they are acquired separately. In this context, amounts </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:136.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">paid to third parties in the form of initial payments or milestone payments relating to pharmaceutical specialties that have not yet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obtained a marketing authorization are recognized as intangible assets. These rights will be amortized on a straight-line basis, after </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obtaining the marketing authorization, over their useful life. Unamortized rights (before marketing authorization) are subject to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impairment tests in accordance with the method defined in Note 4.4.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research and development costs</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 38 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Intangible Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.9pt;position:var(--position);text-decoration:none;white-space:pre">, research costs are expensed in the period during which they are incurred. Development costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are only recognized as intangible assets if the following criteria are met: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:232.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it is technically feasible to complete the development of the project; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:248.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it is th</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre">e Group’s intention to complete the project and to utilize it; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">it has capacity to utilize the intangible asset; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is proof of the probability of future economic benefits associated with the asset </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is availability of the technical, financial and other resources for completing the project; and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">there is a reliable evaluation of the development expenses. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The initial measurement of the asset is the sum of expenses incurred starting on the date on which the development project meets the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">above criteria. Because of the risks and uncertainties related to regulatory authorizations and to the research and development process, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group believes that the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.14pt;position:var(--position);text-decoration:none;white-space:pre">six</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.8pt;position:var(--position);text-decoration:none;white-space:pre"> criteria stipulated by IAS 38 have not been fulfilled to date and the application of this principle has </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">resulted in all development costs being expensed as incurred in all periods presented. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:392.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other intangible assets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other intangible assets mainly consist of acquired software. Costs related to the acquisition of software licenses are recognized as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assets based on the costs incurred to acquire and set up the related software. Other intangible assets are amortized using the straight-</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">line method over a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.99pt;position:var(--position);text-decoration:none;white-space:pre">one year</span>. 6 P1Y <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 16 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Property, Plant and Equipment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.8pt;position:var(--position);text-decoration:none;white-space:pre">, property, plant and equipment are recognized at their acquisition cost (purchase </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:482.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price and directly attributable costs) or at their production cost by the Group, as applicable. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment are depreciated using the straight-line method over the estimated useful life of the asset. The principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:514.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">useful lives applied are as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:534.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:324pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150.75pt"></td><td style="padding:0;width:95.25pt"></td><td style="padding:0;width:78pt"></td></tr><tr style="height:15.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:15.75pt;width:173.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:173.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;position:var(--position);text-decoration:none;white-space:pre">DEPRECIATION PERIOD</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Buildings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:30pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:30pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office fixtures and fittings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:44.25pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.67pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.71pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:76.21pt;position:var(--position);text-decoration:none;top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:44.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:58.5pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:58.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Industrial materials and equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:72.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:72.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Technical facilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:87pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:87pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture and computer equipment:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:101.25pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:101.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:115.5pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:115.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">IT equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:129.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:129.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:144pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:22.08pt;position:var(--position);white-space:pre">       </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.58pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:144pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:35.95pt;position:var(--position)">(1)<span style="display:inline-block;height:6.93pt;width:12.84pt"></span></span><span style="left:60.45pt;position:var(--position)">Office fixtures and fittings estimated useful lives correspond to the Paris headquarters and Boston offices residual estimated </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.45pt;position:var(--position);text-decoration:none;white-space:pre">lease terms. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The useful lives of property, plant and equipment as well as any residual values are reviewed at each year-end and, in the event of a </span></div>significant change, the depreciation schedule is revised prospectively. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment are depreciated using the straight-line method over the estimated useful life of the asset. The principal </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:514.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">useful lives applied are as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:534.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:324pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150.75pt"></td><td style="padding:0;width:95.25pt"></td><td style="padding:0;width:78pt"></td></tr><tr style="height:15.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td colspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:15.75pt;width:173.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:173.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;position:var(--position);text-decoration:none;white-space:pre">DEPRECIATION PERIOD</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Buildings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:30pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:30pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office fixtures and fittings</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:44.25pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.67pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.71pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:76.21pt;position:var(--position);text-decoration:none;top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:44.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:58.5pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:58.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Industrial materials and equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:72.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:72.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Technical facilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:87pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:87pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture and computer equipment:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:101.25pt;width:95.25pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:101.25pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Office equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:115.5pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.95pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.95pt;position:var(--position);white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.72pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:115.5pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129.75pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">IT equipment</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:129.75pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">                </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:45.13pt;position:var(--position);text-decoration:none;white-space:pre">3 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:129.75pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:150.75pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:150.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;position:var(--position);text-decoration:none;white-space:pre">Furniture</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:150.75pt;position:var(--position);top:144pt;width:95.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:2.63pt;width:95.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:22.08pt;position:var(--position);white-space:pre">       </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.58pt;position:var(--position);text-decoration:none;white-space:pre">10 years</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:246pt;position:var(--position);top:144pt;width:78pt"><div><div style="line-height:10pt;position:var(--position);top:2.63pt;width:78pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.2pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:35.95pt;position:var(--position)">(1)<span style="display:inline-block;height:6.93pt;width:12.84pt"></span></span><span style="left:60.45pt;position:var(--position)">Office fixtures and fittings estimated useful lives correspond to the Paris headquarters and Boston offices residual estimated </span></span></div>lease terms. P3Y P5Y P10Y P5Y P10Y P5Y P10Y P3Y P10Y <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Impairment of goodwill, intangible assets, property and plant and equipment </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill and intangible assets not yet available for use are not amortized and are tested for impairment annually. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In addition, the Group assesses at the end of each reporting period whether there is an indication that intangible assets and property, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">plant and equipment may be impaired. Pursuant to IAS 36—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:278.56pt;position:var(--position);text-decoration:none;white-space:pre">Impairment of Assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.93pt;position:var(--position);text-decoration:none;white-space:pre">, criteria for assessing indication of loss in value may </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">notably include performance levels lower than forecast, a significant change in market data or the regulatory environment, or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obsolescence or physical damage of the asset not included in the amortization/depreciation schedule. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the purpose of impairment testing, goodwill and intangible assets not yet available for use are allocated to each of the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGUs expected to benefit from synergies arising from the business combination or from the use of the intangible assets. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">An impairment loss is recognized when the carrying amount of a CGU, including the goodwill, exceeds the recoverable amount of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGU. The recoverable amount of a CGU is the higher of the CGU’s fair value less cost to sell and value-in-use. The total impairment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">loss of a CGU is allocated first to reduce the carrying amount of goodwill allocated to the CGU and then to the other assets of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CGU pro-rata on the basis of the carrying amount of each asset in the CGU. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">An impairment loss on goodwill is not reversed in a subsequent period. Impairment losses on intangible assets and property, plant and </span></div>equipment shall be reversed subsequently if the impairment loss no longer exists or has decreased. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financial assets at amortized cost </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (advances, loans and deposits granted to third parties and other short-term investments) and other receivables are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">non-derivative financial assets with fixed or determinable payments that are not listed on an active market. They are initially </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized at fair value plus transaction costs that are directly attributable to the acquisition or issue of the financial asset. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:420.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 9 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74.61pt;position:var(--position);text-decoration:none;white-space:pre">Financial Instruments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.64pt;position:var(--position);text-decoration:none;white-space:pre">requires an entity to recognize a loss allowance for expected credit losses on a financial asset at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:430.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost at each statement of financial position date. The amount of the loss allowance for expected credit losses equal to: (i) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">12—month expected credit losses or (ii) the full lifetime expected credit losses. The latter applies if credit risk has increased </span></div>significantly since initial recognition of the financial instrument. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:494.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group classifies investments as cash equivalents in the statements of financial position and statements of cash flows when they </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">meet the conditions of IAS 7—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:161.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre">Statement of Cash Flows, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.8pt;position:var(--position);text-decoration:none;white-space:pre">i.e., when they are: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">held in order to face short-term cash commitments; and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">short term and highly liquid assets at acquisition date, readily convertible into known amount of cash and not exposed to </span></span></div>any material risk of change in value. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Share capital </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary shares are classified in shareholders’ equity. Costs associated with the issuance of new shares are directly accounted for in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:600.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">shareholders’ equity in diminution of issuance premium. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:622.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s own shares bought in the context of a brokering/liquidity agreement entered with an independent broker are presented as </span></div>a reduction of shareholders’ equity until their cancellation, their reissuance or their disposal. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payments </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Since its inception, the Group has established several plans for compensation settled in equity instruments in the form of founders’ </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">share subscription warrants (“bons de souscription de parts de créateur d’entreprise” or “BCE”), share subscription warrants (“Bons de </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">souscription d’actions,” or “BSA”) and free shares (“Attributions gratuites d’actions,” or “AGA”), granted to its employees, corporate </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">officers and scientific consultants. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IFRS 2—</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.78pt;position:var(--position);text-decoration:none;white-space:pre">these awards are measured at their fair value on the date of grant. The values of the equity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:158.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instruments are determined using the option pricing model (in particular, a Black and Scholes model for the BCE and BSA plans and a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:168.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Monte-Carlo simulation for the AGA plans which include market performance vesting conditions) based on the value of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">underlying equity instrument at grant date, the volatility observed in a sample of comparable listed companies and the estimated life of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the related equity instruments. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:210.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group recognizes the fair value of these awards as a share-based compensation expense over the period in which the related </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:220.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">services are received, i.e. over the vesting period, with a corresponding increase in shareholders’ equity. Share-based compensation is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized by installments in consistency with their graded vesting schedule, when applicable. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The amount recognized as an expense is adjusted to reflect the number of awards for which the related service and non-market </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">performance conditions are expected to be met, such that the amount ultimately recognized is based on the number of awards that meet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the related service and non-market performance conditions at the vesting date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:294.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For share-based payment awards with market vesting conditions and non-vesting conditions, the grant-date fair value of the share-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:304.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based payment is measured to reflect such conditions and there is no true-up for differences between expected and actual outcome. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The measurement of the fair value of BSA, BCE and AGA incorporates the market-based vesting conditions and non-vesting </span></div>conditions as described in Note 4.15 “Use of judgments and estimates”. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre">Note 4.8.1. Financial liabilities at amortized cost</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IFRS 9 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">Financial Instruments, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.89pt;position:var(--position);text-decoration:none;white-space:pre">the borrowings, the debt component of the Kreos / Claret OCABSA (classified as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:412.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">convertible loan notes – see </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.47pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.98pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments below), royalty certificates and Other financial liabilities </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:422.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(conditional advances) other than financial derivative liabilities are measured at amortized cost. They are initially recognized at fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:432.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value and subsequently measured at amortized cost calculated using the effective interest rate (“EIR”) method. The transaction costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that are directly attributable to the issue of the financial liability reduce that financial liability. These expenses are then amortized over </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:452.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the lifetime of the liability, on the basis of the EIR. The EIR is the rate that exactly discounts estimated future cash payments through </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:462.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the expected life of the financial liability to the amortized cost of a financial liability. Financial liabilities that are due within one year </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are presented as current financial liabilities in the statements of financial position.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:516.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates meet the definition of financial liabilities. The Group concluded that they do not include embedded derivatives </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">related to the variability of royalties that are based on future net sales. In addition, the Group concluded that the prepayment options </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">were separate derivative instruments as their redemption price did not reimburse holders for an amount up to the approximate present </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value of lost interest for the remaining term of the host contracts. However, their value at inception and subsequent dates is nil and has </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:556.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">no impact on the financial statements. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates are initially measured at fair value (refer to note 15.9 for valuation model applied). They are subsequently </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:597.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">measured at amortized cost calculated using the EIR method. The EIR is calculated based on future cash flows, which are estimated on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the basis of development and commercialization plans and budgets approved by the Board of Directors of the Group, and probability-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">weighted to reflect the probability of success of clinical studies and any other uncertainty affecting them. If there is a change in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:633.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">timing or amount of estimated cash flows, then the gross carrying amount of the amortized cost of the financial liability is adjusted in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:645.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the period of change to reflect the revised actual and estimated cash flows, with a corresponding income or expense being recognized </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in profit or loss. The revised gross carrying amount of the amortized cost of the financial liability is calculated by discounting the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:669.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future revised estimated cash flows at the original EIR. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:699.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances and State guaranteed loan – “PGE” </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment for conditional advances and the State-guaranteed loan (Prêt garanti par l'Etat, or "PGE") is set forth in Note 4.9. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:98.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Leases </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment for lease liabilities is set forth in Note 4.12.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre">Note 4.8.2. Financial liabilities measured at fair value through profit or loss </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.9pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:169.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:127.27pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:186.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSA attached to Kreos 1 bonds, the conversion option of OCEANE, certain prepayment options of bonds, the Kreos / Claret warrants </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:196.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and the Kreos / Claret Minimum Return Indemnifications ("MRI") are derivatives instruments. Derivatives are recognized initially at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value at the date the derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The resulting gain or loss from change in the fair value is recognized in profit or loss immediately, as financial expenses or income. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:244.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Hybrid instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:272.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">OCEANE bonds </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.41pt;position:var(--position);text-decoration:none;white-space:pre">and Heights convertible notes (whose characteristics are described in Note 15.2 and Note 15.5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.25pt;position:var(--position);text-decoration:none;white-space:pre"> are hybrid </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:282.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instruments. A “hybrid contract” is a contract that includes both a non-derivative host contract and one or more embedded derivatives. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Embedded derivatives are required to be separated from the host contract (bifurcated) if: the economic characteristics and risks of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">embedded derivative are not closely related to those of the host, a separate instrument with the same terms as the embedded derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">would meet the definition of a derivative, and the hybrid contract is not measured at fair value through profit or loss. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Separable embedded derivatives are required to be measured at fair value at each reporting date, with changes in fair value recognized </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in profit or loss. The initial bifurcation of a separable embedded derivative does not result in any gain or loss being recognized. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Because the embedded derivative component is measured at fair value on initial recognition, the carrying amount of the host contract </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on initial recognition is the difference between the carrying amount of the hybrid instrument and the fair value of the embedded </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">derivative. If the fair values of the hybrid instrument and host contract are more reliably measurable than that of the derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">component - e.g. because of the availability of quoted market prices - then it may be acceptable to use those values to determine the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value of the derivative on initial recognition indirectly - i.e. as a residual amount. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights convertible notes issued on August 24, 2023 included embedded derivatives as detailed in Note 15. The Group concluded </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:428.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that these features were embedded derivatives that would modify the cash flows required under the contract and require to be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:439.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">bifurcated from their host contract. The Group being unable to reliably value each embedded derivative at issuance date and on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:450.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subsequent reporting dates, it measured the whole hybrid instrument at fair value through profit or loss (“FVTPL”) as permitted by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:461.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 9. Instruments measured at FVTPL under these conditions are measured at their fair value on issuance and on subsequent </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reporting dates, with changes in fair value recognized in profit or loss.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:495.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Compound instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:519.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret OCABSA are compound instruments (whose characteristics are describ</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.62pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ed in Note 15.1). </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.57pt;position:var(--position);text-decoration:none;white-space:pre">A “compound contract” is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">a contract that includes both a debt component and an equity component.  The debt component (excluding the conversion option and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:542.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the attached OCABSA warrants) is initially recognized at fair value and subsequently measured at amortized cost calculated using the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:553.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">EIR method. The equity component corresponding to the conversion option and the attached OCABSA warrants is recorded in equity, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the difference between the whole instrument’s fair value (its nominal value) and the standalone fair value of the debt component.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:593.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Fair value measurement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">When measuring the fair value of an asset or a liability, the Company uses market observable data as far as possible. Fair values are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:619.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 1: fair value calculated using quoted prices in an active market for identical assets and liabilities; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:651.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 2: fair value calculated using valuation techniques based on observable market data such as prices for assets and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:661.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">liabilities or similar parameters quoted in an active market;  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:671.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">level 3: fair value calculated using valuation techniques based in whole or in part on unobservable inputs such as prices </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">in an inactive market or a valuation based on multiples of unlisted securities. </span></div>See Note 12 Financial assets and liabilities and Note 15 Financial liabilities. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group benefits from the provisions of Article 244 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:255.53pt;position:var(--position);text-decoration:none;white-space:pre">quater </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.12pt;position:var(--position);text-decoration:none;white-space:pre">B of the French General Tax Code relating to the French research tax </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:112.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit (“</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:68.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre">Crédit d’Impôt Recherche</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.3pt;position:var(--position);text-decoration:none;white-space:pre">” or “CIR”). The CIR is granted to companies in order to encourage them to conduct technical and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:122.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scientific research. Companies that prove that they have expenditures which meet the required criteria (research expenditures located </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:132.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in France or, since January 1, 2005, within the European Union or in another state that is a party to the Agreement on the European </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Economic Area and has concluded a tax treaty with France that contains an administrative assistance clause) receive a tax credit that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">can be used for the payment of the corporate tax due for the fiscal year in which the expenditures were made and the next three fiscal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">years, or as applicable, companies may receive cash reimbursement for any excess portion at the three-year period following the fiscal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:172.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">year of the expenditures. Only those companies meeting the EU definition of a small or medium-sized entity (“SME”) are eligible for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">payment in cash of their research tax credit (to the extent not used to offset corporate tax payables) in the year following the request </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:192.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for reimbursement. The expenditures taken into account for the calculation of the CIR involve only research expenses. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The CIR is presented under “Other operating income” in the statements of income (loss) as it is accounted for as a government grant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:224.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as defined in IAS 20 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:128.16pt;position:var(--position);text-decoration:none;white-space:pre">Accounting for Government Grants and Disclosure of Government Assistanc</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.67pt;position:var(--position);text-decoration:none;white-space:pre">e, and as “Other receivables and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:234.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assets” in the statement of financial position until its payment is received. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies are non-repayable grants received by the Group and recognized in the financial statements when there exists reasonable </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assurance that the Group will comply with the conditions attached to the subsidies and the subsidies will be received. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:310.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies that are upfront payments are presented as deferred income and recognized through “Other operating income” for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:320.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount of the expenses incurred as part of the research program to which the subsidy relates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A subsidy that is to be received either as compensation for expenses or for losses already incurred, or for immediate financial support </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the Group without associated future costs, is recognized in the Statements of income (loss) as “Other operating income” when there </span></div>exists reasonable assurance that the subsidies will be received. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances and PGE </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group receives conditional advances to finance at below market interest rate research and development projects. Due to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">innovative nature of its drug candidate development programs, the Group has benefited from certain sources of financial assistance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from Bpifrance. Bpifrance provides financial assistance and support to emerging French enterprises to facilitate the development and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">commercialization of innovative technologies. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:458.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Funds received from Bpifrance in the form of conditional advances are recognized as financial liabilities, as the Group has a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:468.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">contractual obligation to reimburse Bpifrance for such conditional advances in cash based on a repayment schedule. Each award of an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">advance is made to help fund a specific development milestone. More de</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.3pt;position:var(--position);text-decoration:none;white-space:pre">tails </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.43pt;position:var(--position);text-decoration:none;white-space:pre">on conditional advances are provided in Note 15.7. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Receipts or reimbursements of conditional advances are reflected as financing transactions in the statements of cash flows. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The difference between the present value of the advance at market rate (i.e., present value of contractual cash flows including principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and interests, discounted using a market rate as effective interest rate in accordance with IFRS 9) and the amount received as cash </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from the Bpifrance constitutes a subsidy within the meaning of IAS 20. Considering that these advances do not finance fixed assets, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">these subsidies are presented as “Deferred income” in the statement of financial position and recognized in the statement of net income </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(loss) as “Other operating income“ on a systematic basis over the periods in which the Group recognizes as expenses the related costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:560.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for which the grants are intended to compensate. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The incremental interest expense resulting from the difference between (a) the market interest rate and the (b) below-market rate is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:592.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">spread over the contractual period until the last repayment and recognized in the statement of income (loss) accordingly, using the EIR </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">method. In the event of a change in estimate of contractual cash flows due under the conditional advances, the Group recalculates the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">book value of the debt resulting from the discounting of the anticipated new future cash flows at the initial EIR. The adjustment is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:622.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized in the statements of income (loss) for the period during which the modification is recognized. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the statements of financial position, these conditional advances are recorded in “Other financial liabilities” as current or non-current </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">portion depending on their maturity. In the event Bpifrance waived the repayment of the advance, the corresponding liability is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:664.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">derecognized and treated as a subsidy in the statements of income (loss). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The benefit resulting from the low interest of PGE loans is also recognized as a subsidy corresponding to the difference between the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:696.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">present value of the PGE at market rate and the amount received as cash. The accounting treatment is therefore similar to the above-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">mentioned accounting treatment for conditional advances. PGE are recorded in “Borrowings” as current or non-current portion </span></div>depending on their maturity. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Employee benefits </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s employees in France benefit from retirement benefits provided under French law, which consist in the following: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:140.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">compensation paid by the Group to employees upon their retirement (a defined benefit plan); and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">payments of retirement pensions by the social security agencies, which are financed by the contributions made by the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Group and employees. As they meet the definition of a defined contribution plan, the liabilities are presented as Tax and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">employee-related payables in the statement of financial position. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In accordance with IAS 19 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:153.11pt;position:var(--position);text-decoration:none;white-space:pre">Employee Benefits</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.15pt;position:var(--position);text-decoration:none;white-space:pre">, the liability with respect to defined benefit plans is estimated by using the projected </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit unit method. According to this method, the cost of the retirement benefit is recognized in the statements of income (loss). The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:218.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">retirement benefit commitments are valued at the current value of the estimated future payments, discounted using the market rate for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">high quality corporate bonds with a term and currency that correspond to that estimated for the payment of the benefits. The Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">applied the decision of the IFRS IC, published on May 24, 2021, that concluded that, in the case that no rights were acquired in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:248.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">event of departure before retirement age and that the rights were capped after a certain number of years of seniority (“30 years”), the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:258.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">commitment would only be recognized for the last 30 years of the employee’s career within the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The difference between the amount of the provision at the beginning of a period and at the close of that period is recognized through </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:290.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">operating expenses for the portion representing the costs of services rendered and financial expenses for the net interest costs, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:300.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">through other comprehensive income (loss) for the portion representing the actuarial gains and losses due to changes in assumptions </span></div>and experience adjustments. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Provisions </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:348.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Provisions correspond to commitments resulting from litigation and various risks to which the Group may face in the context of its </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:358.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">operations, as well as taxes and employer contributions related to AGAs that become due upon the vesting of the awards. In </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IAS 37 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:142.28pt;position:var(--position);text-decoration:none;white-space:pre">Provisions, Contingent Liabilities and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.92pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:297.42pt;position:var(--position);text-decoration:none;white-space:pre">Contingent Assets, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.29pt;position:var(--position);text-decoration:none;white-space:pre">a provision is recorded when the Group has an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obligation to a third party resulting from a past event that will likely result in an outflow of resources to the third party, and for which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future cash outflows may be estimated reliably. The amount recorded as a provision is an estimate of the expenditure required to settle </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:398.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the obligation, discounted where necessary at year end. For AGA taxes, the taxes are based on the vesting date share price, and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">provision is estimated based on the spot listed price at year-end multiplied by the number of AGAs which are expected to vest. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Contingent</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.4pt;position:var(--position);text-decoration:none;white-space:pre"> liabilities are not recognized, but are disclosed in the notes to the financial statements unless the possibility of an outflow </span></div>of economic resources is remote. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Leases </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As lessee, the Group assesses whether a contract contains a lease at inception of a contract and upon the modification of a contract. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:482.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group elected to allocate the consideration in the contract to the lease and non-lease components on the basis of the relative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:492.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">standalone price. The Group recognizes a right-of-use asset and a corresponding lease liability for all arrangements in which it is a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:502.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">lessee, except for leases with a term of 12 months or less (short-term leases) and low-value leases (value of the underlying asset below </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:512.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€5.0 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.09pt;position:var(--position);text-decoration:none;white-space:pre">). For these short-term and low-value leases, the Group recognizes the lease payments as an operating expense on a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">straight-line basis over the term of the lease. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:544.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The lease liability is initially measured at the present value of the future lease payments as from the commencement date of the lease </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:554.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to the end of the lease term. The lease terms used by the Group reflect the non-cancellable terms of each contract, plus any extension </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">or termination options that the Group is reasonably certain to exercise or not exercise for all of the leases periods covered by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:574.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">extension options. The lease payments are discounted using the interest rate implicit in the lease or, if not readily determinable, the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:584.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group incremental borrowing rate for the asset subject to the lease in the respective markets. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:606.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever there is a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:616.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">change to the lease terms or expected payments under the lease, or a modification that is not accounted for as a separate lease. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:626.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">portion of the lease payments attributable to the repayment of lease liabilities and the portion attributable to payment of interests are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized in cash flows used in financing activities. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are initially recognized on the balance sheet at cost, which comprises the amount of the initial measurement of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:668.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">corresponding lease liability, adjusted for any lease payments made at or prior to the commencement date of the lease, any lease </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:678.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">incentives received and any initial direct costs incurred by the Group, and expected costs for obligations to dismantle and remove </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">right-of-use assets when they are no longer used. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are depreciated on a straight-line basis from the commencement date of the lease over the shorter of the useful life </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the right-of-use asset or the end of the lease term. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets are assessed for impairment whenever there is an indication that the balance sheet carrying amount may not be </span></div>recoverable using cash flow projections. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Translation of transactions denominated in foreign currency </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to IAS 21</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.36pt;position:var(--position);text-decoration:none;white-space:pre"> – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:122.36pt;position:var(--position);text-decoration:none;white-space:pre">The Effects of Changes in Foreign Exchange Rates</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.3pt;position:var(--position);text-decoration:none;white-space:pre">, transactions performed by the Company and the Subsidiary </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in currencies other than their functional currencies, which are respectively the Euro and the U.S. dollar, are translated at the prevailing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exchange rate on the transaction date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Trade receivables and payables and liabilities denominated in a currency other than the functional currency are translated at the </span></div>period-end exchange rate. Unrealized gains and losses arising on translation are recognized in net financial income / (loss). <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from or paid to the </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">French tax authorities, using tax rates and tax laws enacted or substantively enacted at the end of the reporting period in accordance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with IAS 12 – Income Tax. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The income tax charge for the period comprises current tax due and the deferred tax charge. The tax expense is recognized in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">statement of income (loss) unless it relates to items recorded in other comprehensive income (loss) or directly in equity, in which case </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the tax is also recorded in other comprehensive income (loss) or directly in equity. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:336.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Current taxes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The current tax expense is calculated based on taxable profit for the period, using tax rates enacted or substantively enacted at the </span></div>statement of financial position date. Considering the level of tax loss of the Group, no current tax expense is recognized. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred taxes </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred taxes are recognized when there are temporary differences between the carrying amount of assets and liabilities in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group’s financial statements and the corresponding tax basis used to calculate taxable profit. Deferred taxes are not recognized if they </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">arise from the initial recognition of an asset or liability in a transaction other than a business combination which, at the time of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">transaction, does not affect either the accounting or the taxable profit (tax loss). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:446.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group applies the Amendments to IAS 12 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:232.23pt;position:var(--position);text-decoration:none;white-space:pre">Deferred Tax related to Assets and Liabilities arising from a Single Transaction</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.79pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issued on May 7, 2021, and presents the deferred tax assets and liabilities arising from such transactions separately within Note 22 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:559.6pt;position:var(--position);text-decoration:none;white-space:pre">- </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Income tax, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.11pt;position:var(--position);text-decoration:none;white-space:pre">rather than on a net basis. The Amendments have no impact on the Statements of financial position and the Statement of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">comprehensive income (loss) for the periods presented.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:504.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets are recognized for all deductible temporary differences, unused tax losses and unused tax credits to the extent that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">it is probable that the temporary difference will reverse in the foreseeable future and that taxable profit will be available against which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the deductible temporary difference, unused tax losses or unused tax credits can be utilized. In this regard, the Group applies the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">decision of the IFRS IC, published on January 29, 2021, on the amount of deferred tax assets recognized from unused tax losses as a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:560.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">result of suitable taxable temporary differences, in the case when the use of such tax losses is restricted or limited by the tax law. See </span></div>Note 4.15. Use of judgments and estimates and Note 22 Income tax. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:80.42pt;position:var(--position);text-decoration:none;white-space:pre">Use of judgments and estimates </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In order to prepare financial statements in accordance with IFRS, estimates, judgments and assumptions were made by the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">management which could affect the reported amounts of assets, liabilities, contingent liabilities, income and expenses. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These estimates are based on the assumption of going concern and are prepared in accordance with information available at the date </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:656.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the financial statements were prepared. They are reviewed on an ongoing basis using past experience and various other factors </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:666.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">considered to be reasonable as the basis to measure the carrying amount of assets and liabilities. Estimates may be revised due to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:676.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">changes in the underlying circumstances or subsequent to new information. Actual results may differ significantly from these </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">estimates in line with assumptions or different conditions. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">This note provides an overview of the areas that involved a higher degree of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.88pt;position:var(--position);text-decoration:none;white-space:pre">judgment </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.12pt;position:var(--position);text-decoration:none;white-space:pre">or complexity, and of items which are more </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">likely to be materially adjusted due to changes in estimates and assumptions. Detailed information about each of these estimates and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">judgments </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.13pt;position:var(--position);text-decoration:none;white-space:pre">is included in other notes together with information about the basis of calculation for each affected line item in the financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:100.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">statements. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Recognition and measurement of impairment of CGUs. The main assumptions used for the impairment test include </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(a) the amount of cash flows that are set on the basis of the development and commercialization plans and budgets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:136.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">approved by Board of Directors, (b) assumptions related to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.16pt;position:var(--position);text-decoration:none;white-space:pre">the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.36pt;position:var(--position);text-decoration:none;white-space:pre"> achievement of the clinical trials and the launch of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">commercialization, (c) the discount rate, (d) assumptions on risk related to the development and (e) for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">commercialization, selling price and volume of sales. The sensitivity analysis in respect of the recoverable amount of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">CGUs is presented in Note 6. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Measurement of share-based payments granted to employees, corporate officers and scientific consultants, such as BCE, </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">BSA and AGA, which is based on actuarial models; these models require the use by the Group of certain calculation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:205.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">assumptions such as the estimated vesting, the occurrence dates of a change of control or a M&amp;A transaction dates, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.11pt;position:var(--position);text-decoration:none;white-space:pre">the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:217.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">percentage of success (“POS”) of obefazimod,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.94pt;position:var(--position);text-decoration:none;white-space:pre"> the expected volatility and maturity of the underlying equity instrument </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(see Note 4.7 and Note 14), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Fair value measurement at inception and after of derivative financial instruments resulting from (i) the warrants issued </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:257.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">concomitantly with the issuance of the straight and convertible bonds to Kreos on July 24, 2018 (or “Kreos 1”), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.25pt;position:var(--position);text-decoration:none;white-space:pre">(ii) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:269.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret BSA issued on August 21, 2023 and November 2, 2023, related to tranches A-B and tranche C, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">respectively, and (iii) the Kreos / Claret Minimum Return Indemnifications related to tranches B and C, issued in March </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">2024 and June 2024, respectively,</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:309.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Amortized cost measurement a</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre">nd fair value</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.53000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> of royalty certificates, based on the following assumptions: (a) future cash </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:319.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">flows, estimated on the basis of development and commercialization plans and budgets approved by the Board of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:329.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Directors, (b) the effective interest rate (for the amortized cost measurement) and (c) the discount rate (for the fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:339.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">value). The sensitivity analyses in respect of the amortized cost measurement and fair value of royalty certificates is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:349.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">presented in Note 15,  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:365.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Fair value measurement of other financial liabilities at inception, </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.32pt;position:var(--position);text-decoration:none;white-space:pre">and after, for the Heights convertible notes measured at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:377.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">fair value at each reporting period, with fair value changes recognized in profit or loss, as well as for disclosure purposes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">(see Note 15), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Estimation of CIR, based on internal and external expenses, which meet the required criteria, incurred by the Group each </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">year (see Note 4.9), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:432.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Recognition of deferred tax assets: availability and timing of future taxable profit against which deductible temporary </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">differences and tax losses carried forward can be utilized and whether sufficient evidence exists (see Note 22),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:458.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Recognition of deferred tax assets: tax deductibility of future royalty payments related to the royalty certificates issued in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">September 2022 (see Notes 15 and 22),</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Determination of the terms of the leases, including whether the Group is reasonably certain to exercise extension and/or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:500.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">termination options (see Note 15.8).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:536.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The main critical judgments made by the Group’s management impact the following items: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment of specific conditions of share-based compensation plans (see Notes 4.7 and 14),</span></div><div style="font-size:12pt;line-height:10.5pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:582.06pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10.5pt;font-style:normal;font-weight:normal;left:72.69999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:3.67pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre;width:484.88pt">Accounting treatment of the royalty certificates and August 2023 Kreos / Claret and Heights Financings (see Notes 4.8</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:593.61pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre;width:32.76pt">and 15).</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Segment information </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:663.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The assessment of the Group’s performance and the decisions about resources to be allocated are made by the chief operating decision </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:673.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">maker, based on the management reporting system of the Group. The Group identified the Chief Executive Officer of the Group as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“chief operating decision maker”. The chief operating decision maker reviews on an aggregated basis the incurred expenses for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">allocating and evaluating performance of the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group operates in a single operating segment: R&amp;D of pharmaceutical products in order to market them in the future. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023 and 2024, substantially all operations, assets, liabilities, and losses of the Group were located in France. As </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:135.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of December 31, 2025, the U.S. Subsidiary's contributions to the Group’s l</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.53pt;position:var(--position);text-decoration:none;white-space:pre">iabilities and net losse</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.01pt;position:var(--position);text-decoration:none;white-space:pre">s </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.4pt;position:var(--position);text-decoration:none;white-space:pre">were less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.49pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.82pt;position:var(--position);text-decoration:none;white-space:pre">, and its </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">contribution to the Group's assets were </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.76pt;position:var(--position);text-decoration:none;white-space:pre">29%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.09pt;position:var(--position);text-decoration:none;white-space:pre"> (consisting predominantly of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.54pt;position:var(--position);text-decoration:none;white-space:pre">cash and cash equivalents)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.79pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div> 0.10 0.10 0.29 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill and impairment test </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:204.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill relates to the acquisition of Splicos SAS and Wittycel SAS that occurred in 2014 (i.e., prior the transition date to IFRS), </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which were merged into the Group in the same year. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill from Splicos SAS and Wittycel SAS acquisition corresponds to the “Modulation of RNA biogenesis / splicing” </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">technological platform and the “iNKT agonists” technological platform, respectively, from which derived the lead drug candidates of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group: ABX464 and ABX196, respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS 3 was not applied to acquisitions of subsidiaries deemed to be a business within the meaning of IFRS, carried out before the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">IFRS transition date, i.e., January 1 2020. Due to the application of this exemption, the previous accounting for business combinations </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in accordance with French GAAP remains unchanged (no identified Intellectual Property, Research &amp; Development (“IPR&amp;D”) assets </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are recognized in the statement of financial position).</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.03pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:330.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The impairment test carried out as of December 31, 2022 resulted in the full impairment of the goodwill resulting from the acquisition </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:340.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of Wittycell SAS and other assets included in the ABX196 CGU, i.e. an impairment loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.69pt;position:var(--position);text-decoration:none;white-space:pre">€13,632 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:474.78pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:350.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2022 (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.83pt;position:var(--position);text-decoration:none;white-space:pre">€13,586 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> related to goodwill and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.31pt;position:var(--position);text-decoration:none;white-space:pre">€45 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.9pt;position:var(--position);text-decoration:none;white-space:pre"> related to other assets). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Consequently, the carrying amount of the Group's goodwill of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre">€18,419 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.13pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, 2023, 2024 and 2025 solely </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:372.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">relates to the acquisition of Splicos SAS. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:395.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In accordance with IAS 36, goodwill is allocated to CGUs at a level corresponding to the lead drug candidates. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.88pt;position:var(--position);text-decoration:none;white-space:pre">Thus, goodwill from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Splicos SAS is allocated to the ABX464 CGU.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:429.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Goodwill impairment tests are undertaken annually or more frequently if events or changes in circumstances indicate a potential </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:439.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impairment, in accordance with IAS 36. The carrying amount of goodwill is compared to the recoverable amount, which is the higher </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:449.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value in use and the fair value less costs to disposal. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:471.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the Group has not identified any indication of impairment loss related to goodwill, intangible or tangible </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:482.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">assets. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:505.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, 2024 and 2025 the recoverable amount used for the impairment test of each CGU was the value in use. This </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:517.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value in use was based on a net present value calculation, using the following assumptions as of December 31, 2023, 2024 and 2025: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:535.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Cash flows are set on the basis of the development and commercialization plans and budgets approved by Board of </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:545.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Directors; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05000000000001pt;position:var(--position);text-decoration:none;white-space:pre">A discount rate (or “WACC”) o</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.41000000000003pt;position:var(--position);text-decoration:none;white-space:pre">f</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.74pt;position:var(--position);text-decoration:none;white-space:pre">  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.74pt;position:var(--position);text-decoration:none;white-space:pre">15%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.07pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.76pt;position:var(--position);text-decoration:none;white-space:pre">11.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.59pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, 2024 and of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.53999999999996pt;position:var(--position);text-decoration:none;white-space:pre">10.0%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.37pt;position:var(--position);text-decoration:none;white-space:pre"> as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:572.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">A risk of development is taken into consideration by applying probabilities of success (or “POS”) of reaching future </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:600.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">phases of development to cash flows related to the commercialization phase. Those average probabilities of success of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:610.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">R&amp;D projects are based on public sources</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.2pt;position:var(--position);text-decoration:none;white-space:pre">;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:626.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">For the commercialization phase, selling price and sales volume are estimated on the basis of the potential market and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">the observed performances of comparable drugs currently on the market. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The impairment tests resulted in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.21pt;position:var(--position);text-decoration:none;white-space:pre">no</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.21pt;position:var(--position);text-decoration:none;white-space:pre"> impairment charges as of December 31, 2023, 2024, and 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Sensitivity testing as of December 31, 2023, 2024 and 2025:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As the product is currently under development, a clinical trial failure or a failure to obtain a marketing approval could result in an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">impairment of the goodwill allocated to the ABX464 CGU. The results of the impairment test indicate a headroom level that is high </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">enough so that any reasonably possible change in any of the key assumptions (except clinical failure) would not lead to any </span></div>impairment. 13632000 13586000 45000 18419000 18419000 18419000 0.15 0.115 0.100 0 0 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Intangible assets </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:186.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Intangible assets are mainly comprised of the intellectual property underlying: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:220.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:66.55pt;position:var(--position);text-decoration:none;white-space:pre">(i)</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:75.97999999999999pt;position:var(--position);text-decoration:none;white-space:pre">    </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.97999999999999pt;position:var(--position);text-decoration:none;white-space:pre">The exclusive license agreement with the Scripps Research Institute, University of Chicago and Brigham Young </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">University for which the Group paid a milestone of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.35pt;position:var(--position);text-decoration:none;white-space:pre">€45 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.94pt;position:var(--position);text-decoration:none;white-space:pre"> in September 2019 as a result of an IND filling of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">ABX196. The value in use and the fair value less costs to disposal of the ABX196 CGU being </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.43pt;position:var(--position);text-decoration:none;white-space:pre">nil</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.97pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:250.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">2022, a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.97999999999999pt;position:var(--position);text-decoration:none;white-space:pre">€45 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.57pt;position:var(--position);text-decoration:none;white-space:pre"> impairment loss was recorded during the year ended December 31, 2022 (see Note 6).</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:522.87pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:66.55pt;position:var(--position)">(ii)<span style="display:inline-block;height:6.93pt;width:12.3pt"></span></span><span style="left:91.05pt;position:var(--position)">The collaboration and license agreement with the CNRS, Montpellier 2 university and the Curie for which the Group </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:276.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">paid a milestone of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.84pt;position:var(--position);text-decoration:none;white-space:pre">€40 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.43pt;position:var(--position);text-decoration:none;white-space:pre"> in September 2019 as a result of the entry in phase 2 of ABX464. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:66.55pt;position:var(--position)">(iii)<span style="display:inline-block;height:6.93pt;width:9.53pt"></span></span><span style="left:91.05pt;position:var(--position)">Patents acquired through the acquisition of Prosynergia SARL (or "Prosynergia") on April 1, 2022 and amounting to </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">€6,529 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.14pt;position:var(--position);text-decoration:none;white-space:pre">. Considering that Prosynergia only owned patent rights and did not enter into any employee contract, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">research agreement, collaboration agreement or out-licensed agreement, this</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.87pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.37pt;position:var(--position);text-decoration:none;white-space:pre">acquisition did not meet the definition of a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">business under IFRS 3. Consequently, the acquisition cost of this group of assets was mostly allocated to the acquired </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">patents, which cover alternative synthesis process for obefazimod and a family of close chemical analogues. They also </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">cover alternative forms of obefazimod (salts thereof and crystalline forms of said salts), the pharmaceutical composition </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">comprising them, that could be of interest to the Group for future development.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:362.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">The patents are not yet amortized, similarly to licenses, and are included in the ABX464 CGU for impairment test </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:372.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">purposes. All patents will expire in 2037.</span></div><div style="font-size:12pt;line-height:1pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:1pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:71.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Licenses and patents recognized as Intangible assets are not amortized since they are not operating in a manner intended by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">management. As a consequence, and in accordance with IAS 36, those assets were subject to an annual impairment test as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:91.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023, 2024 and 2025, which did </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.16pt;position:var(--position);text-decoration:none;white-space:pre">not</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.93pt;position:var(--position);text-decoration:none;white-space:pre"> result in any impairment loss being recognized</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.43pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="position:var(--position);top:113.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:32.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.86pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.75pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.2pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.63pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:32.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GROSS VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">24<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,673<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">24<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,673<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.88pt"></span></span><span style="left:57.510000000000005pt;position:var(--position)">3<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.88pt"></span></span><span style="left:57.510000000000005pt;position:var(--position)">3<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.02pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">27<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,677<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:121.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">27<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,677<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:277.94pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:35.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.69pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.14pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.57pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZATION</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:23.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:47.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(21)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(66)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(3)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(3)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(24)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(70)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:9pt;position:var(--position);top:2.35pt;width:65.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.55pt;width:49.88pt"></span></span><span style="left:52.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.55pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(25)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(70)</span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(26)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(71)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:485.79pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:35.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.69pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.14pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.57pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NET BOOK VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:47.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,607</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,604</span></div></div></div></td></tr><tr style="height:29.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,606</span></div></div></div></td></tr><tr style="height:29.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,605</span></div></div></div></td></tr></tbody></table></div></div></div> 45000 0 45000 40000 6529000 0 0 0 <div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:32.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.86pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.75pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.2pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.63pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:32.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GROSS VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">24<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:44.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,673<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">24<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,673<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.88pt"></span></span><span style="left:57.510000000000005pt;position:var(--position)">3<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:86.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.88pt"></span></span><span style="left:57.510000000000005pt;position:var(--position)">3<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.02pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">27<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:98.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,677<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:121.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">120<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">27<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,529<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:121.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">6,677<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div><div style="position:var(--position);top:277.94pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:35.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.69pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.14pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.57pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZATION</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:23.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:47.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(21)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(66)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(3)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:70.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(3)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(24)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(70)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:9pt;position:var(--position);top:2.35pt;width:65.25pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.55pt;width:49.88pt"></span></span><span style="left:52.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.55pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:103.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:115.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(25)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:115.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(70)</span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:139.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.55pt"></span></span><span style="left:55.18pt;position:var(--position)">(1)</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.22pt"></span></span><span style="left:50.85pt;position:var(--position)">(45)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(26)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:15.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.55pt"></span></span><span style="left:51.18pt;position:var(--position)">(71)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:485.79pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:464.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:194.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:35.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.48pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LICENSES</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.69pt;position:var(--position);text-decoration:none;white-space:pre">SOFTWARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.14pt;position:var(--position);text-decoration:none;white-space:pre">PATENTS</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.57pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NET BOOK VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:47.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,607</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:68.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,604</span></div></div></div></td></tr><tr style="height:29.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:89.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,606</span></div></div></div></td></tr><tr style="height:29.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:194.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.82pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.42pt;width:194.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:194.25pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">75</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:262.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.62pt;position:var(--position);text-decoration:none;white-space:pre">2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:330.75pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,529</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.56pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">6,605</span></div></div></div></td></tr></tbody></table></div></div></div> 120000 24000 6529000 6673000 120000 24000 6529000 6673000 0 3000 0 3000 120000 27000 6529000 6677000 120000 27000 6529000 6677000 -45000 -21000 0 -66000 0 3000 0 3000 -45000 -24000 0 -70000 0 1000 0 1000 -45000 -25000 0 -70000 0 1000 0 1000 -45000 -26000 0 -71000 75000 3000 6529000 6607000 75000 0 6529000 6604000 75000 3000 6529000 6606000 75000 2000 6529000 6605000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:695.64pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">The following tables present changes in property, plant and equipment including the right of use of assets (or “ROU”) as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:705.64pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023, 2024 and 2025:</span></div><div><div style="position:var(--position);top:85.19pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:525.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:213.75pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:32.48pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:55.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.57pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.25pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.34pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.69pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.01pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.79pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.12pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GROSS VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,618<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">436<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">346<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,400<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,561<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">103<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">161<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">614<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(622)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(27)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(649)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(649)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,346<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">513<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">507<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,366<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,262<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:119.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,578<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">292<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,870<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,217<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.97pt"></span></span><span style="left:35.6pt;position:var(--position)">(1,110)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(119)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.97pt"></span></span><span style="left:35.6pt;position:var(--position)">(1,229)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(975)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.63pt"></span></span><span style="left:52.260000000000005pt;position:var(--position)">4<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:155.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,818<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">513<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">698<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">4,029<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,526<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">436<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">123<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">559<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">424<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:188.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(49)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(203)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(252)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(34)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:200.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(50)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(12)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(62)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(50)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:212.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">3,204<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">463<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">607<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">4,274<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,865<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:338.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:528.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:201.75pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:32.48pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:49.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.07pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.85pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.75pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.84pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.19pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.85pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.51pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.62pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DEPRECIATION</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(259)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(378)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(171)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(808)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(290)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(578)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(36)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(94)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(707)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(498)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(837)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(387)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(265)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,488)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(761)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:119.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(886)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(32)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(171)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,089)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(788)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,111<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">104<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,215<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">975<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(613)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(419)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(332)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,363)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(575)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(903)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(35)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(158)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,095)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(797)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">49<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">203<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">252<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">53<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:188.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.96pt"></span></span><span style="left:55.59pt;position:var(--position)">5<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:201pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,498)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(404)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(281)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(2,184)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,302)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:577.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:529.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:200.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:56.25pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:17.55pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:48.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.2pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.98pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.87pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.97pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.31pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.98pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.63pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.91pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.24pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NET BOOK VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,359<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">59<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">175<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,592<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:53.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,270<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">126<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">242<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">878<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:74.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.21pt"></span></span><span style="left:40.84pt;position:var(--position)">501<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,205<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">94<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">366<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,666<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:95.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,950<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,706<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">59<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">325<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,090<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:116.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,563<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:83.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Right of use assets relate to buildings, vehicles and furniture. The net book value of right of use assets related to buildings amounted to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:95.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€453 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.59pt;position:var(--position);text-decoration:none;white-space:pre">€1,846 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.68pt;position:var(--position);text-decoration:none;white-space:pre"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.61pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.11pt;position:var(--position);text-decoration:none;white-space:pre">€1,473 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.2pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, 2023, 2024 and 2025 respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:119.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Acquisitions over the year ended December 31, 2023 mainly include the right of use asset related to the new Boston offices entered </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:131.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">into in November 2023. Decreases mainly include the remeasurement of the right of use asset related to the reassessment of the Paris </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:143.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Headquarters lease term, for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.9pt;position:var(--position);text-decoration:none;white-space:pre">€622 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.49pt;position:var(--position);text-decoration:none;white-space:pre"> (see Note 15.8).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:167.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Acquisitions over the period ended December 31, 2024 mainly include the right of use assets related to the new Paris headquarters and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:179.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Montpellier offices entered into in May and April 2024 respectively, as well as the 1-year renewal of the Boston offices lease (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:191.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.8). Disposals over the period ended December 31, 2024 mainly include the right of use asset related to the former Paris </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:203.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">headquarters lease, which ended in June 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Acquisitions over the period ended December 31, 2025 mainly include right of use assets related to the renewal of the hosting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:239.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">agreement with the CNRS </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.65pt;position:var(--position);text-decoration:none;white-space:pre">(French National Centre for Scientific Research)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.09pt;position:var(--position);text-decoration:none;white-space:pre"> research laboratories based in Montpellier (which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:251.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">previously fell under the IFRS 16 short-term lease exemption), as well as new office equipment leases. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:263.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Disposals over the period ended December 31, 2025 of the period mainly relate to the decommissioning of obsolete IT equipments.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">The following tables present changes in property, plant and equipment including the right of use of assets (or “ROU”) as of </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:705.64pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023, 2024 and 2025:</span></div><div><div style="position:var(--position);top:85.19pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:525.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:213.75pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:32.48pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:55.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.57pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.25pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.34pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.69pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.01pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);width:60pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.79pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.12pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GROSS VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,618<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">436<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">346<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,400<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:53.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,561<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">103<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">161<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">614<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:74.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(622)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(27)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(649)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(649)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,346<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">513<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">507<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,366<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">1,262<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:119.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,578<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">292<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,870<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:119.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,217<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.97pt"></span></span><span style="left:35.6pt;position:var(--position)">(1,110)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(119)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.97pt"></span></span><span style="left:35.6pt;position:var(--position)">(1,229)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:131.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(975)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.63pt"></span></span><span style="left:52.260000000000005pt;position:var(--position)">4<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:143.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:155.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,818<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">513<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">698<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">4,029<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:155.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,526<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">436<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">123<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">559<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:176.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">424<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:188.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(49)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(203)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.97pt"></span></span><span style="left:41.6pt;position:var(--position)">(252)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:188.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(34)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:200.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(50)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.63pt"></span></span><span style="left:48.260000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(12)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(62)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:200.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.97pt"></span></span><span style="left:45.6pt;position:var(--position)">(50)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:212.25pt;width:213.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:213.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">3,204<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:276.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">463<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:339.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.63pt"></span></span><span style="left:44.260000000000005pt;position:var(--position)">607<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">4,274<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:212.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.63pt"></span></span><span style="left:38.260000000000005pt;position:var(--position)">2,865<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:338.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:528.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:201.75pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:32.48pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:49.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.07pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.85pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.75pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.84pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.19pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.85pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.51pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);width:63pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.62pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DEPRECIATION</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(259)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(378)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(171)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(808)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:53.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(290)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(578)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(36)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(94)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(707)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:74.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(498)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:86.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">27<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(837)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(387)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(265)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,488)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:98.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(761)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:119.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(886)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(32)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(171)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,089)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:119.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(788)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,111<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">104<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,215<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:131.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">975<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(613)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(419)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(332)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,363)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:143.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(575)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(903)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.3pt"></span></span><span style="left:48.93pt;position:var(--position)">(35)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(158)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,095)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:164.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(797)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposal</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">49<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">203<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">252<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:176.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">53<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:188.25pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of the change in foreign currency exchange rates</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.96pt"></span></span><span style="left:55.59pt;position:var(--position)">5<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:188.25pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:201pt;width:201.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:201.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:201.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,498)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(404)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.3pt"></span></span><span style="left:44.93pt;position:var(--position)">(281)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(2,184)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465.75pt;position:var(--position);top:201pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.3pt"></span></span><span style="left:38.93pt;position:var(--position)">(1,302)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:577.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:529.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:200.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:56.25pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:17.55pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:48.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.2pt;position:var(--position);text-decoration:none;white-space:pre">BUILDINGS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.98pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.87pt;position:var(--position);text-decoration:none;white-space:pre">FURNITURE </span></div><div style="line-height:8pt;position:var(--position);top:13.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.97pt;position:var(--position);text-decoration:none;white-space:pre">AND </span></div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.31pt;position:var(--position);text-decoration:none;white-space:pre">COMPUTER </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.98pt;position:var(--position);text-decoration:none;white-space:pre">EQUIPMENT</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.63pt;position:var(--position);text-decoration:none;white-space:pre">TOTAL</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.91pt;position:var(--position);text-decoration:none;white-space:pre">OF WHICH </span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.24pt;position:var(--position);text-decoration:none;white-space:pre">ROU</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NET BOOK VALUES</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,359<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">59<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">175<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,592<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:53.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,270<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">126<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">242<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:74.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">878<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:74.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:74.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.21pt"></span></span><span style="left:40.84pt;position:var(--position)">501<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,205<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">94<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">366<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:95.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,666<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:95.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:95.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,950<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,706<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:265.5pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">59<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:333.75pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:336.75pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">325<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:402pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,090<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:21pt;left:470.25pt;overflow:hidden;position:var(--position);top:116.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:116.25pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.21pt"></span></span><span style="left:34.84pt;position:var(--position)">1,563<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div> 1618000 436000 346000 2400000 1561000 350000 103000 161000 614000 350000 622000 27000 0 649000 649000 1346000 513000 507000 2366000 1262000 2578000 0 292000 2870000 2217000 1110000 0 119000 1229000 975000 4000 0 17000 22000 22000 2818000 513000 698000 4029000 2526000 436000 0 123000 559000 424000 0 49000 203000 252000 34000 -50000 0 -12000 -62000 -50000 3204000 463000 607000 4274000 2865000 -259000 -378000 -171000 -808000 -290000 578000 36000 94000 707000 498000 0 -27000 0 -27000 -27000 -837000 -387000 -265000 -1488000 -761000 886000 32000 171000 1089000 788000 -1111000 0 -104000 -1215000 -975000 -613000 -419000 -332000 -1363000 -575000 903000 35000 158000 1095000 797000 0 -49000 -203000 -252000 -53000 17000 0 5000 22000 17000 -1498000 -404000 -281000 -2184000 -1302000 1359000 59000 175000 1592000 1270000 509000 126000 242000 878000 501000 2205000 94000 366000 2666000 1950000 1706000 59000 325000 2090000 1563000 453000 1846000 1473000 622000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:323.46pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets break down as follows:</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:334.76pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:351.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:445.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:243.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:70.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OTHER FINANCIAL ASSETS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Advances related to CRO contracts</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">12,172<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">4,929<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">4,665<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deposits</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">574<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">863<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">693<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">124<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">126<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other non-current financial assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">12,870<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">5,919<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">5,358<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Advances related to CRO contracts</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,418<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,717<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deposits</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">136<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">136<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other investments</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">9,050<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:114.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:114.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">13,698<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other current financial assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">9,186<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,554<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">21,415<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">22,055<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">13,473<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">26,772<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:531.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Advances related to CRO contracts </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:544.61pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.22pt;position:var(--position);text-decoration:none;white-space:pre">dvances granted in 2022 for a total undiscounted amount of </span><span style="color:#008080;font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:283.55pt;position:var(--position);text-decoration:none;white-space:pre">€</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.55pt;position:var(--position);text-decoration:none;white-space:pre">12,187 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.64pt;position:var(--position);text-decoration:none;white-space:pre"> f</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.47pt;position:var(--position);text-decoration:none;white-space:pre">or clinical studies are to be recovered at the end of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:558.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the studies after final reconciliation with pass-through costs, which are being invoiced and paid as studies are carried out. These long-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:569.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">term advances were measured at fair value on initial recognition, using discount rates ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.4pt;position:var(--position);text-decoration:none;white-space:pre">0.19%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.23pt;position:var(--position);text-decoration:none;white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473pt;position:var(--position);text-decoration:none;white-space:pre">7.16%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.83pt;position:var(--position);text-decoration:none;white-space:pre">, and are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:580.45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subsequently measured at amortized cost.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:597.65pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">During the first half of 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.97pt;position:var(--position);text-decoration:none;white-space:pre">additional advances related to CRO contracts</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:334.54pt;position:var(--position);text-decoration:none;white-space:pre"> amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.55pt;position:var(--position);text-decoration:none;white-space:pre">€1,620 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.64pt;position:var(--position);text-decoration:none;white-space:pre"> were made (undiscounted </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.65pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount). These long-term advances were measured at fair value on initial recognition, using discount rates ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.15pt;position:var(--position);text-decoration:none;white-space:pre">7.09%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.98pt;position:var(--position);text-decoration:none;white-space:pre"> to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.65pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">7.59%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.83pt;position:var(--position);text-decoration:none;white-space:pre">, and are subsequently measured at amortized cost. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:639.65pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At inception, a prepaid expenses asset was recognized for the difference between the advances’ nominal value and fair value, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:652.95pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">spread over the term of the advances, at the rate of recognition of the related R&amp;D expenses (see Note 10).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:672.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.41pt;position:var(--position);text-decoration:none;white-space:pre">, a change order was signed with the CRO, extending the scope (addition of maintenance studies) and end date of one of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:684.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the studies to 2029, thus postponing the recovery date of the corresponding advance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.85pt;position:var(--position);text-decoration:none;white-space:pre">€5,538 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.94pt;position:var(--position);text-decoration:none;white-space:pre"> (undiscounted amount) from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:696.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">June 2026 to June 2029. The Group considered that this asset modification met the criteria for derecognition, and recognized a new </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:708.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial asset at fair value on that date, using a discount rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.87pt;position:var(--position);text-decoration:none;white-space:pre">6.83%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.7pt;position:var(--position);text-decoration:none;white-space:pre">. Since the Group considers that these advances are made in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exchange for a discount on future services to be received from the CROs, a prepaid expense asset was also recognized for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">difference between the derecognized asset carrying value and new asset fair value, and spread over </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.79pt;position:var(--position);text-decoration:none;white-space:pre">the term of the advanc</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.11pt;position:var(--position);text-decoration:none;white-space:pre">e </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.04pt;position:var(--position);text-decoration:none;white-space:pre">(equal to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the period of service) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.67pt;position:var(--position);text-decoration:none;white-space:pre">in a similar manner.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:112.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the recovery dates of these advances are spread from 2026 to 2030.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:131.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The credit risk related to these advances is deemed insignificant</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre"> due to the CROs' credit ratings.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:155.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other investments</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:179.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, other investments consist of 6-month term deposits that do not qualify for a classification under cash and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:191.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">cash equivalents.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:215.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025 other investments consist of 9-month and 12-month term deposits that do not qualify for a classification </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">under cash and cash equivalents.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:251.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deposits</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:269.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Deposits include the Paris and Boston offices lease contracts, the ATM Program deposit, as well as other security deposits.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets break down as follows:</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:334.76pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:351.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:445.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:243.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:70.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OTHER FINANCIAL ASSETS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Advances related to CRO contracts</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">12,172<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">4,929<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">4,665<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deposits</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">574<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">863<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">693<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">124<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">126<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other non-current financial assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">12,870<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">5,919<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">5,358<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Advances related to CRO contracts</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,418<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,717<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deposits</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">136<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.88pt"></span></span><span style="left:49.510000000000005pt;position:var(--position)">136<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other investments</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">9,050<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:309pt;overflow:hidden;position:var(--position);top:114.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.88pt"></span></span><span style="left:53.510000000000005pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:377.25pt;overflow:hidden;position:var(--position);top:114.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">13,698<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other current financial assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">9,186<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.88pt"></span></span><span style="left:43.510000000000005pt;position:var(--position)">7,554<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">21,415<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:243.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243.75pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">22,055<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:312pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">13,473<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.88pt"></span></span><span style="left:39.510000000000005pt;position:var(--position)">26,772<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 12172000 4929000 4665000 574000 863000 693000 124000 126000 0 12870000 5919000 5358000 0 7418000 7717000 136000 136000 0 9050000 0 13698000 9186000 7554000 21415000 22055000 13473000 26772000 12187000 0.0019 0.0716 1620000 0.0709 0.0759 5538000 0.0683 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and other assets</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:328.96pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and other assets break down as follows:</span><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:273.4pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:340.84pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:435pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:233.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:65.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OTHER RECEIVABLES AND ASSETS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses - non current</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,320<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">948<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other non-current assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,320<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">948<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">625<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit ("CIR")</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,600<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">5,774<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">3,196<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">VAT receivables</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">14,439<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">9,841<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:78.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">6,870<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">5,746<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">3,233<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,649<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee-related receivables</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">429<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit notes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">60<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">48<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current other receivables and assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">24,845<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">18,896<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,144<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,164<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">19,843<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:506.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit (“CIR”) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The CIR is recognized as Other Operating Income (see note 4.9) in the year to which the eligible research expense relates. The Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:532.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">received the payments of the CIR for 2023 and 2024 tax years in the amount of respectively  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.38pt;position:var(--position);text-decoration:none;white-space:pre">€4,493 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:474.47pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.9pt;position:var(--position);text-decoration:none;white-space:pre">€5,640 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.99pt;position:var(--position);text-decoration:none;white-space:pre"> in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:542.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">respectively 2024 and 2025 and expects to receive the CIR for the 2025 tax year o</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.25pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">f </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.08pt;position:var(--position);text-decoration:none;white-space:pre">€3,196 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.17pt;position:var(--position);text-decoration:none;white-space:pre"> in 2026. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:570.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">VAT Receivables </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:586.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Value-added tax (“VAT”) receivables relate primarily to the deductible VAT and VAT refunds claimed.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:620.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.59pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses as of December 31, 2023 include prepaid expenses related to CRO contracts for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.12pt;position:var(--position);text-decoration:none;white-space:pre">€1,347 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.21pt;position:var(--position);text-decoration:none;white-space:pre"> (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:655.79pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 9) and deferred transactions costs related to tranches B and C of the Kreos / Claret financings for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.68pt;position:var(--position);text-decoration:none;white-space:pre">€3,152 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:568.77pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:666.99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(most of which represents the issuance date fair value of the tranche A-B and C Kreos / Claret BSA, representing origination fees for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:678.19pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the future drawdowns of the tranches B and C of the Kreos / Claret Financing, See Note</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.57pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> 15.1) and other expenses from various </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:689.39pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">suppliers amounting to </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.09pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€3,567 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.18pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses as of December 31, 2024 include prepaid expenses related to CRO contracts for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.12pt;position:var(--position);text-decoration:none;white-space:pre">€1,577 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.21pt;position:var(--position);text-decoration:none;white-space:pre"> (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 9) </span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:68.75pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">and other expenses from various suppliers amounting to </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.22pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€2,604 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.31pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The decrease in prepaid expenses over the year ended December 31, 2024 mainly corresponds to the reclassification of the deferred </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">transaction costs of tranche B of the Kreos / Claret Financing, from prepaid expenses to a reduction of the initial carrying value of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranche B </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.05pt;position:var(--position);text-decoration:none;white-space:pre">debt </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.75pt;position:var(--position);text-decoration:none;white-space:pre">component, in accordance with the effective interest rate method, for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.92pt;position:var(--position);text-decoration:none;white-space:pre">€1,546 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.01pt;position:var(--position);text-decoration:none;white-space:pre">, and to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amortization of the deferred transaction costs related to tranche C (already fully amortized on the date of drawdown).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses as of December 31, 2025 include prepaid expenses related to CRO contracts for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.12pt;position:var(--position);text-decoration:none;white-space:pre">€1,068 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.21pt;position:var(--position);text-decoration:none;white-space:pre"> (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 9) and other expenses from various suppliers amounting to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.72pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.22pt;position:var(--position);text-decoration:none;white-space:pre">€2,207 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.31pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and other assets break down as follows:</span><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:273.4pt;position:var(--position);text-decoration:none;white-space:pre"> </span><div style="position:var(--position);top:340.84pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:435pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:233.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:65.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OTHER RECEIVABLES AND ASSETS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses - non current</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,320<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">948<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total other non-current assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,320<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">948<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">625<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit ("CIR")</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,600<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">5,774<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">3,196<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">VAT receivables</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">14,439<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">9,841<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:78.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">6,870<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">5,746<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">3,233<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:366.75pt;overflow:hidden;position:var(--position);top:90.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:90.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,649<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee-related receivables</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:102.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">429<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit notes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">60<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">48<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:114.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current other receivables and assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">24,845<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">18,896<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:126.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,144<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:233.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:233.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:233.25pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,164<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:301.5pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">19,843<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369.75pt;position:var(--position);top:138.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 2320000 948000 625000 2320000 948000 625000 4600000 5774000 3196000 14439000 9841000 6870000 5746000 3233000 2649000 0 0 429000 60000 48000 0 24845000 18896000 13144000 27164000 19843000 13769000 4493000 5640000 3196000 1347000 -3152000 3567000 1577000 2604000 1546000 1068000 2207000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.8pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents break down as follows:</span></div><div style="position:var(--position);top:261.7pt;width:612pt"><div style="font-size:0pt;left:41pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:243pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:243pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:69.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CASH AND CASH EQUIVALENTS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">18,105</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">87,265</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">478,541</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">233,837</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">56,956</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">38,144</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">516,685</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:356.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents mainly include term deposits with short-term maturities (measured at amortized cost) and highly liquid investments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in mutual funds and structured notes (measured at fair value through profit or loss) denominated in euros and U.S. dollars.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, 2024 and 2025, in addition to the Group’s bank accounts, cash includes notice accounts amounting to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€231,562 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.09pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.09pt;position:var(--position);text-decoration:none;white-space:pre">€44,239 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.18pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.61pt;position:var(--position);text-decoration:none;white-space:pre">€5,744 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.7pt;position:var(--position);text-decoration:none;white-space:pre"> respectively. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.45pt;position:var(--position);text-decoration:none;white-space:pre">These funds are available on demand within 24 hours and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">without penalty.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:437.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increase in cash and cash equivalents over the year ended December 31, 2025 is mainly explained by the proceeds from the  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:448.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Offering completed on July 28, 2025 (see N</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.97pt;position:var(--position);text-decoration:none;white-space:pre">ote 3.3 - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:247.5pt;position:var(--position);text-decoration:none;white-space:pre">Completion of a public offering </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:375.99pt;position:var(--position);text-decoration:none;white-space:pre">–</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:380.99pt;position:var(--position);text-decoration:none;white-space:pre"> July 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.62pt;position:var(--position);text-decoration:none;white-space:pre">).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, 2024 and 2025, the impact of the revaluation of cash and cash equivalents held in U.S. dollars by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:483.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Company into the its functional</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.53pt;position:var(--position);text-decoration:none;white-space:pre"> currency</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.98pt;position:var(--position);text-decoration:none;white-space:pre"> (euro) is a net financial expense of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.63pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.13pt;position:var(--position);text-decoration:none;white-space:pre">€3,196 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.22pt;position:var(--position);text-decoration:none;white-space:pre">, a net financial income of </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€2,035 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre"> and a net financial expense of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.59pt;position:var(--position);text-decoration:none;white-space:pre"> €</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.09pt;position:var(--position);text-decoration:none;white-space:pre">8,639 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.18pt;position:var(--position);text-decoration:none;white-space:pre"> respectively.</span> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents break down as follows:</span><div style="position:var(--position);top:261.7pt;width:612pt"><div style="font-size:0pt;left:41pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:243pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:243pt"><div><div style="line-height:8pt;position:var(--position);top:21.98pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:69.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CASH AND CASH EQUIVALENTS</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash equivalents</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">18,105</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">87,265</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">478,541</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">233,837</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">56,956</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">38,144</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:243pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:243pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:243pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:321pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:396pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.37pt;position:var(--position);text-decoration:none;white-space:pre">516,685</span></div></div></div></td></tr></tbody></table></div></div></div> 18105000 87265000 478541000 233837000 56956000 38144000 251942000 144221000 516685000 231562000 44239000 5744000 -3196000 2035000 -8639000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Financial assets and liabilities</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:549.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The following table shows the carrying amounts and fair value of financial assets and financial liabilities, including their </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">levels in the fair value hierarchy.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:573.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Tax and employee-related payables are non-financial liabilities and are therefore excluded from the tables below. They are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">presented in Note 17.2.</span></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,055</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,161</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">39,697</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">40,622</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">18,506</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">42,768</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">11,531</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.62pt;position:var(--position);text-decoration:none;white-space:pre">5,165</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">124,266</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">125,191</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">30,037</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">95,154</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:273.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:71.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:62.48pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">13,473</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:92.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:104.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:104.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:116.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">177,537</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:128.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:140.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">69,069</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">73,497</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">3,620</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:140.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">69,877</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">21,183</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:152.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">23,752</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:164.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">157,828</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">162,256</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">24,803</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:176.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.62pt;position:var(--position);text-decoration:none;white-space:pre">137,453</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:478.81pt;width:612pt"><div style="font-size:0pt;left:40.12pt;position:var(--position);width:531.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:342pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:159.34pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:132.91pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.85pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.86pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">26,772<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">79,654<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,226<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,595<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">120,565<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">30,790<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">69,644<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(1)    The fair value of cash and cash equivalents is determined based on Level 1 fair value measurement and corresponds to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:693.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">market value of the assets. </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(2)    The carrying amount of financial assets measured at amortized cost is deemed to be a reasonable estimate of fair value, except </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the long-term advances made to CROs, whose fair value is determined based on Level 3 fair value measurement and is estimated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based on future cash-flows discounted at market rates, using credit spreads ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.29pt;position:var(--position);text-decoration:none;white-space:pre">104</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.29pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.56pt;position:var(--position);text-decoration:none;white-space:pre">218</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.56pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:105.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre">271</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2024 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.89pt;position:var(--position);text-decoration:none;white-space:pre">34</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.89pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2025. As of December 31, 2023, 2024, and 2025, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">an increase in the credit spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.42pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.05pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the advances fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.37pt;position:var(--position);text-decoration:none;white-space:pre">€23 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.96pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.96pt;position:var(--position);text-decoration:none;white-space:pre">€235 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.55pt;position:var(--position);text-decoration:none;white-space:pre">, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:128.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€231 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre">, respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:151.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(3)    The carrying amount of short-term financial liabilities measured at amortized cost was deemed to be a reasonable estimate of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:187.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(4)    The fair value of the royalty certificates, Heights convertible notes, Kreos / Claret BSA and Minimum Return Indemnifications </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:199.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">is based on Level 3 fair value measurement and is estimated based on models and assumptions detailed in Note 15. The fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:211.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">other long-term financial liabilities is determined based on Level 3 fair value measurement and is estimated based on future cash-flows </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:223.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">discounted at market rates, using the following assumptions: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:247.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the debt components of the Kreos / Claret OCABSA (tranche A) and the tranches B and C of the Kreos / Claret straight </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:259.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">bond loans, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.16pt;position:var(--position);text-decoration:none;white-space:pre">960</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.16pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of August 22, 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.19pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.19pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.81pt;position:var(--position);text-decoration:none;white-space:pre">750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.81pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:271.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">2024. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:283.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">As of August 22, 2023, December 31, 2023 (tranche A) and December 31, 2024 (all </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.9pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.86pt;position:var(--position);text-decoration:none;white-space:pre"> tranches), an increase in the credit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:295.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.08pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.71pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the Kreos / Claret debt components fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.69pt;position:var(--position);text-decoration:none;white-space:pre">€624 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:571.28pt;position:var(--position);text-decoration:none;white-space:pre">,  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:307.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€538 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.59pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€958 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.61pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the conditional advances and the PGE loan, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.42pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.42pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.54pt;position:var(--position);text-decoration:none;white-space:pre">730</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.54pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:343.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre">An i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.03pt;position:var(--position);text-decoration:none;white-space:pre">ncrease in the credit spread by</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.25pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.75pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.38pt;position:var(--position);text-decoration:none;white-space:pre"> bp w</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.6pt;position:var(--position);text-decoration:none;white-space:pre">ould result in the following: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, and 2024, a decrease in the PGE loan fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.25pt;position:var(--position);text-decoration:none;white-space:pre">€39 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.84pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre">€21 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.86pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the RNP-VIR conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.38pt;position:var(--position);text-decoration:none;white-space:pre">€15 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.97pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the CARENA conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.48pt;position:var(--position);text-decoration:none;white-space:pre">€37 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.07pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the Ebola conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.7pt;position:var(--position);text-decoration:none;white-space:pre">€1 thousand</span>. <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The following table shows the carrying amounts and fair value of financial assets and financial liabilities, including their </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">levels in the fair value hierarchy.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:573.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Tax and employee-related payables are non-financial liabilities and are therefore excluded from the tables below. They are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">presented in Note 17.2.</span></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,055</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,161</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">39,697</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">40,622</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">18,506</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">42,768</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">11,531</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.62pt;position:var(--position);text-decoration:none;white-space:pre">5,165</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">124,266</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">125,191</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">30,037</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">95,154</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:273.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:71.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:62.48pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">13,473</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:92.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:104.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:104.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:116.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">177,537</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:128.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:140.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">69,069</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">73,497</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">3,620</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:140.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">69,877</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">21,183</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:152.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">23,752</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:164.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">157,828</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">162,256</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">24,803</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:176.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.62pt;position:var(--position);text-decoration:none;white-space:pre">137,453</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:478.81pt;width:612pt"><div style="font-size:0pt;left:40.12pt;position:var(--position);width:531.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:342pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:159.34pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:132.91pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.85pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.86pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">26,772<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">79,654<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,226<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,595<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">120,565<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">30,790<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">69,644<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(1)    The fair value of cash and cash equivalents is determined based on Level 1 fair value measurement and corresponds to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:693.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">market value of the assets. </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(2)    The carrying amount of financial assets measured at amortized cost is deemed to be a reasonable estimate of fair value, except </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the long-term advances made to CROs, whose fair value is determined based on Level 3 fair value measurement and is estimated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based on future cash-flows discounted at market rates, using credit spreads ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.29pt;position:var(--position);text-decoration:none;white-space:pre">104</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.29pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.56pt;position:var(--position);text-decoration:none;white-space:pre">218</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.56pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:105.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre">271</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2024 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.89pt;position:var(--position);text-decoration:none;white-space:pre">34</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.89pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2025. As of December 31, 2023, 2024, and 2025, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">an increase in the credit spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.42pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.05pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the advances fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.37pt;position:var(--position);text-decoration:none;white-space:pre">€23 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.96pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.96pt;position:var(--position);text-decoration:none;white-space:pre">€235 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.55pt;position:var(--position);text-decoration:none;white-space:pre">, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:128.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€231 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre">, respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:151.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(3)    The carrying amount of short-term financial liabilities measured at amortized cost was deemed to be a reasonable estimate of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:187.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(4)    The fair value of the royalty certificates, Heights convertible notes, Kreos / Claret BSA and Minimum Return Indemnifications </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:199.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">is based on Level 3 fair value measurement and is estimated based on models and assumptions detailed in Note 15. The fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:211.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">other long-term financial liabilities is determined based on Level 3 fair value measurement and is estimated based on future cash-flows </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:223.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">discounted at market rates, using the following assumptions: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:247.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the debt components of the Kreos / Claret OCABSA (tranche A) and the tranches B and C of the Kreos / Claret straight </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:259.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">bond loans, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.16pt;position:var(--position);text-decoration:none;white-space:pre">960</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.16pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of August 22, 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.19pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.19pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.81pt;position:var(--position);text-decoration:none;white-space:pre">750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.81pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:271.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">2024. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:283.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">As of August 22, 2023, December 31, 2023 (tranche A) and December 31, 2024 (all </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.9pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.86pt;position:var(--position);text-decoration:none;white-space:pre"> tranches), an increase in the credit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:295.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.08pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.71pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the Kreos / Claret debt components fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.69pt;position:var(--position);text-decoration:none;white-space:pre">€624 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:571.28pt;position:var(--position);text-decoration:none;white-space:pre">,  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:307.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€538 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.59pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€958 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.61pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the conditional advances and the PGE loan, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.42pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.42pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.54pt;position:var(--position);text-decoration:none;white-space:pre">730</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.54pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:343.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre">An i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.03pt;position:var(--position);text-decoration:none;white-space:pre">ncrease in the credit spread by</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.25pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.75pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.38pt;position:var(--position);text-decoration:none;white-space:pre"> bp w</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.6pt;position:var(--position);text-decoration:none;white-space:pre">ould result in the following: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, and 2024, a decrease in the PGE loan fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.25pt;position:var(--position);text-decoration:none;white-space:pre">€39 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.84pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre">€21 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.86pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the RNP-VIR conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.38pt;position:var(--position);text-decoration:none;white-space:pre">€15 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.97pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the CARENA conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.48pt;position:var(--position);text-decoration:none;white-space:pre">€37 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.07pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the Ebola conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.7pt;position:var(--position);text-decoration:none;white-space:pre">€1 thousand</span>. <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The following table shows the carrying amounts and fair value of financial assets and financial liabilities, including their </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">levels in the fair value hierarchy.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:573.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Tax and employee-related payables are non-financial liabilities and are therefore excluded from the tables below. They are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.75pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">presented in Note 17.2.</span></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,055</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">22,394</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">27,164</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">251,942</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,161</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">301,500</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">39,697</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">40,622</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">18,506</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">42,768</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">37,348</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">11,531</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.62pt;position:var(--position);text-decoration:none;white-space:pre">5,165</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">47,221</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">124,266</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">125,191</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">30,037</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">95,154</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:273.56pt;width:612pt"><div style="font-size:0pt;left:39pt;position:var(--position);width:534pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:344.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.47pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:344.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:134.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:71.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:62.48pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:24.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:33.82pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:43.42pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:53.02pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.98pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:62.62pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">13,473</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:92.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">12,690</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:92.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:104.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:104.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">19,843</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:104.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:116.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">144,221</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:116.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">177,537</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:128.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">176,754</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:128.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:140.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">69,069</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">73,497</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">3,620</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:140.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:140.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">69,877</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">44,935</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">21,183</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:152.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:152.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">23,752</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:164.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:164.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.62pt;position:var(--position);text-decoration:none;white-space:pre">43,824</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:176.25pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">157,828</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.62pt;position:var(--position);text-decoration:none;white-space:pre">162,256</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">24,803</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:176.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:54.62pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:176.25pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:42.62pt;position:var(--position);text-decoration:none;white-space:pre">137,453</span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:478.81pt;width:612pt"><div style="font-size:0pt;left:40.12pt;position:var(--position);width:531.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:189.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="9" style="font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);width:342pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:159.34pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:342pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:132.91pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:69pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:60.23pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:43.34pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.42pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.31pt;position:var(--position);text-decoration:none;white-space:pre">RECOGNIZED </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.74pt;position:var(--position);text-decoration:none;white-space:pre">IN THE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">STATEMENT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.43pt;position:var(--position);text-decoration:none;white-space:pre">OF FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.08pt;position:var(--position);text-decoration:none;white-space:pre">POSITION</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.64pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS/ </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.97pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.31pt;position:var(--position);text-decoration:none;white-space:pre">AT FAIR </span></div><div style="line-height:8pt;position:var(--position);top:31.57pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">VALUE </span></div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.75pt;position:var(--position);text-decoration:none;white-space:pre">THROUGH </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.87pt;position:var(--position);text-decoration:none;white-space:pre">PROFIT AND </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.41pt;position:var(--position);text-decoration:none;white-space:pre">LOSS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:21pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.2pt;position:var(--position);text-decoration:none;white-space:pre">ASSETS AT </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.53pt;position:var(--position);text-decoration:none;white-space:pre">AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.74pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:41.17pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.85pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES </span></div><div style="line-height:8pt;position:var(--position);top:50.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.86pt;position:var(--position);text-decoration:none;white-space:pre">AT AMORTIZED </span></div><div style="line-height:8pt;position:var(--position);top:60.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">COST</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial assets (2)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">26,772<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other receivables and assets (2)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:102pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">13,769<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash and cash equivalents (1)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">516,685<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:114pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">79,654<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,226<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">557,595<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">437,031<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:126pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">120,565<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—non-current portion (4, Note 15)</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">30,790<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:138pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">102,555<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities—current portion (3, Note 15)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:150pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:150pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities (3)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:162pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:162pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">37,552<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:189.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:189.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">69,644<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:258pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:326.25pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:394.5pt;position:var(--position);top:174pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:462.75pt;position:var(--position);top:174pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">141,409<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(1)    The fair value of cash and cash equivalents is determined based on Level 1 fair value measurement and corresponds to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:693.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">market value of the assets. </span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(2)    The carrying amount of financial assets measured at amortized cost is deemed to be a reasonable estimate of fair value, except </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the long-term advances made to CROs, whose fair value is determined based on Level 3 fair value measurement and is estimated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based on future cash-flows discounted at market rates, using credit spreads ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.29pt;position:var(--position);text-decoration:none;white-space:pre">104</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.29pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.56pt;position:var(--position);text-decoration:none;white-space:pre">218</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.56pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:105.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre">271</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2024 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.89pt;position:var(--position);text-decoration:none;white-space:pre">34</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.89pt;position:var(--position);text-decoration:none;white-space:pre"> bp to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre">131</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2025. As of December 31, 2023, 2024, and 2025, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">an increase in the credit spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.42pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.05pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the advances fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.37pt;position:var(--position);text-decoration:none;white-space:pre">€23 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.96pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.96pt;position:var(--position);text-decoration:none;white-space:pre">€235 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.55pt;position:var(--position);text-decoration:none;white-space:pre">, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:128.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€231 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre">, respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:151.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(3)    The carrying amount of short-term financial liabilities measured at amortized cost was deemed to be a reasonable estimate of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fair value. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:187.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(4)    The fair value of the royalty certificates, Heights convertible notes, Kreos / Claret BSA and Minimum Return Indemnifications </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:199.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">is based on Level 3 fair value measurement and is estimated based on models and assumptions detailed in Note 15. The fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:211.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">other long-term financial liabilities is determined based on Level 3 fair value measurement and is estimated based on future cash-flows </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:223.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">discounted at market rates, using the following assumptions: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:247.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the debt components of the Kreos / Claret OCABSA (tranche A) and the tranches B and C of the Kreos / Claret straight </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:259.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">bond loans, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.16pt;position:var(--position);text-decoration:none;white-space:pre">960</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.16pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of August 22, 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.19pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.19pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.81pt;position:var(--position);text-decoration:none;white-space:pre">750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.81pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:271.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">2024. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:283.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">As of August 22, 2023, December 31, 2023 (tranche A) and December 31, 2024 (all </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.9pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.86pt;position:var(--position);text-decoration:none;white-space:pre"> tranches), an increase in the credit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:295.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">spread by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.08pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.71pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the Kreos / Claret debt components fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.69pt;position:var(--position);text-decoration:none;white-space:pre">€624 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:571.28pt;position:var(--position);text-decoration:none;white-space:pre">,  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:307.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€538 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:130.59pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€958 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.61pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the conditional advances and the PGE loan, a credit spread of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.42pt;position:var(--position);text-decoration:none;white-space:pre">900</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.42pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of December 31, 2023, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.54pt;position:var(--position);text-decoration:none;white-space:pre">730</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.54pt;position:var(--position);text-decoration:none;white-space:pre"> bp as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:343.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre">An i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.03pt;position:var(--position);text-decoration:none;white-space:pre">ncrease in the credit spread by</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.25pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.75pt;position:var(--position);text-decoration:none;white-space:pre">+100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.38pt;position:var(--position);text-decoration:none;white-space:pre"> bp w</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.6pt;position:var(--position);text-decoration:none;white-space:pre">ould result in the following: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, and 2024, a decrease in the PGE loan fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.25pt;position:var(--position);text-decoration:none;white-space:pre">€39 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.84pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre">€21 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.86pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the RNP-VIR conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.38pt;position:var(--position);text-decoration:none;white-space:pre">€15 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.97pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the CARENA conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.48pt;position:var(--position);text-decoration:none;white-space:pre">€37 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.07pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, a decrease in the Ebola conditional advance fair value by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.7pt;position:var(--position);text-decoration:none;white-space:pre">€1 thousand</span>. 22055000 22394000 0 22394000 27164000 27164000 0 27164000 251942000 251942000 0 251942000 301161000 301500000 0 301500000 39697000 40622000 18506000 42768000 37348000 37348000 11531000 5165000 47221000 47221000 0 47221000 124266000 125191000 30037000 95154000 13473000 12690000 0 12690000 19843000 19843000 0 19843000 144221000 144221000 0 144221000 177537000 176754000 0 176754000 69069000 73497000 3620000 69877000 44935000 44935000 21183000 23752000 43824000 43824000 0 43824000 157828000 162256000 24803000 137453000 26772000 27141000 0 27141000 13769000 13769000 0 13769000 516685000 516685000 437031000 79654000 557226000 557595000 437031000 120565000 30790000 102555000 0 102555000 1302000 1302000 0 1302000 37552000 37552000 0 37552000 69644000 141409000 0 141409000 0.0104 0.0218 0.0131 0.0271 0.0034 0.0131 0.0100 0.0100 0.0100 -23000 -235000 -231000 0.0960 0.0900 0.0750 3 0.0100 0.0100 0.0100 -624000 -538000 -958000 0.0900 0.0730 0.0100 -39000 -21000 -15000 -37000 -1000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Shareholders’ equity</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 13.1. Share capital issued<span id="i0fdb1d24fb1f4032bcb05504b8034ab4"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group manages its capital to ensure that the Group will be able to continue as a going concern while maximizing the return to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:502.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">shareholders through the optimization of the debt and equity balance.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, the Group’s share capital amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.8pt;position:var(--position);text-decoration:none;white-space:pre">€629 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.39pt;position:var(--position);text-decoration:none;white-space:pre"> divided into </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.4pt;position:var(--position);text-decoration:none;white-space:pre">62,928,818</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.4pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares issued with a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:540.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.22pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.72pt;position:var(--position);text-decoration:none;white-space:pre"> each, fully paid up, after taking into account the various capital increases that took place since the inception (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:553.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 13.2). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:578.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024, the Group’s share capital amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.8pt;position:var(--position);text-decoration:none;white-space:pre">€633 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.39pt;position:var(--position);text-decoration:none;white-space:pre"> divided into </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.4pt;position:var(--position);text-decoration:none;white-space:pre">63,347,837</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.4pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares issued with a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:589.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.22pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.72pt;position:var(--position);text-decoration:none;white-space:pre"> each, fully paid up, after taking into account the various capital increases that took place since the inception (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:601.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 13.2). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:622.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the Group’s share capital amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.8pt;position:var(--position);text-decoration:none;white-space:pre">€785 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.39pt;position:var(--position);text-decoration:none;white-space:pre"> divided into </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.4pt;position:var(--position);text-decoration:none;white-space:pre">78,536,412</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.4pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares issued with a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:633.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.22pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.72pt;position:var(--position);text-decoration:none;white-space:pre"> each, fully paid up, after taking into account the various capital increases that took place since inception (see Note </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">13.2).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:667.96pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Share capital does not include founders’ share subscription warrants (“Bons de souscription de parts de créateur d’entreprise” or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:679.96pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“BCE”), share subscription warrants (“Bons de souscription d’actions,” or “BSA”) and free shares (“Attributions gratuites </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.96pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">d’actions,” or “AGA”) that have been granted to certain investors or natural persons, both employees and non-employees of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:703.96pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group, but not yet exercised.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:99.86pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Treasury shares</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:121.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group held </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.78pt;position:var(--position);text-decoration:none;white-space:pre">11,339</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.28pt;position:var(--position);text-decoration:none;white-space:pre"> of its own shares as of December 31, 2023. The Group held </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.7pt;position:var(--position);text-decoration:none;white-space:pre">none</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.13pt;position:var(--position);text-decoration:none;white-space:pre"> of its own shares as of December 31, 2024 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:133.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and December 31, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:155.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The number of outstanding ordinary shares (excluding treasury shares held by the Group) was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.55pt;position:var(--position);text-decoration:none;white-space:pre">62,928,818</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.55pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.55pt;position:var(--position);text-decoration:none;white-space:pre">63,347,837</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.55pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.05pt;position:var(--position);text-decoration:none;white-space:pre">and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:528.98pt;position:var(--position);text-decoration:none;white-space:pre">78,536,412</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.98pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576.48pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as of December 31, 2023, 2024 and 2025, respectively. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 13.2. Change in share capital<span id="ie3ec27c85b104470b4ffdcd1d8b63baf"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:235.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increases in the share capital for the year ended December 31, 2023 relate to: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:253.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The completion of a capital increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.37pt;position:var(--position);text-decoration:none;white-space:pre">€130,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre"> on February 22, 2023 by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.86pt;position:var(--position);text-decoration:none;white-space:pre">20,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.86pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.41pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.91pt;position:var(--position);text-decoration:none;white-space:pre"> per share and a subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.75pt;position:var(--position);text-decoration:none;white-space:pre">€6.50</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.25pt;position:var(--position);text-decoration:none;white-space:pre"> per share; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:281.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The cash-less exercise of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.63pt;position:var(--position);text-decoration:none;white-space:pre">67,887</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.13pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos A BSA and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre">31,696</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos B BSA on</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.06pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> May 24, 20</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.38pt;position:var(--position);text-decoration:none;white-space:pre">23, resulting in a capital increase of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:292.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€1,850 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.09pt;position:var(--position);text-decoration:none;white-space:pre"> by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.91pt;position:var(--position);text-decoration:none;white-space:pre">99,583</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.41pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.15pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.65pt;position:var(--position);text-decoration:none;white-space:pre"> per share and an average subscription price of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:303.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€18.57</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.5pt;position:var(--position);text-decoration:none;white-space:pre"> per share, which includes the impact of the derecognition of the BSA derivative financial liability; and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:321.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The completion of the Group’s Global Offering on the Nasdaq Global Market on October 24, 2023, by way of a capital </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre">20,325,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares, consisting of the U.S. Offering of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.59pt;position:var(--position);text-decoration:none;white-space:pre">18,699,460</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.59pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares in the form of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:343.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">ADSs, and the European Private Placement of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.02pt;position:var(--position);text-decoration:none;white-space:pre">1,626,040</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.02pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares, with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.26pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.76pt;position:var(--position);text-decoration:none;white-space:pre"> per share and an offering </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">price set at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.75pt;position:var(--position);text-decoration:none;white-space:pre">$11.60</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.25pt;position:var(--position);text-decoration:none;white-space:pre"> per ADS in the U.S. Offering and a corresponding offering price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.19pt;position:var(--position);text-decoration:none;white-space:pre">€10.9864</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.69pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:365.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">European Private Placement. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:383.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The exercise of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.07pt;position:var(--position);text-decoration:none;white-space:pre">1,906</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.57pt;position:var(--position);text-decoration:none;white-space:pre"> other share warrants, by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.4pt;position:var(--position);text-decoration:none;white-space:pre">190,550</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.9pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.64pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.14pt;position:var(--position);text-decoration:none;white-space:pre"> per share and an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">average subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.19pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.69pt;position:var(--position);text-decoration:none;white-space:pre"> per share (see Note 14). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:411.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Incremental costs directly attributable to the issue of new shares, including underwriting commissions and offering expenses related to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:422.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Global Offering, were classified as a deduction of shareholders’ equity and amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.3pt;position:var(--position);text-decoration:none;white-space:pre">€28,111 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.39pt;position:var(--position);text-decoration:none;white-space:pre"> for the period ended </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:433.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increases in the share capital</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.28pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2024 relate to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.16pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:467.56pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the issue and subscription by members of the Board of Directors of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.86pt;position:var(--position);text-decoration:none;white-space:pre">77,820</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.36pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants, with a subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre">€2.57</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:570.1700000000001pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:481pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">each (see Note 14);</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:494.44pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">a credit note received for transaction fees related to the Global Offering, amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.48pt;position:var(--position);text-decoration:none;white-space:pre">€446 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.07pt;position:var(--position);text-decoration:none;white-space:pre"> and classified in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:507.88pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">share premiums; and</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:521.32pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the exercise of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.74pt;position:var(--position);text-decoration:none;white-space:pre">4,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.24pt;position:var(--position);text-decoration:none;white-space:pre"> other share warrants, by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.07pt;position:var(--position);text-decoration:none;white-space:pre">4,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.57pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.31pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.81pt;position:var(--position);text-decoration:none;white-space:pre"> per share and an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:534.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">average subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.19pt;position:var(--position);text-decoration:none;white-space:pre">€11.14</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.69pt;position:var(--position);text-decoration:none;white-space:pre"> per share (see Note 14).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:548.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the issue of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">415,019</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.51pt;position:var(--position);text-decoration:none;white-space:pre"> vested free shares, as part of the AGA plans issued by the Group to certain of its officers and employees. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:570.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increases in the share capital</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.28pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2025 relate to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.16pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:581.8pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the completion of the July 28, 2025 Offering, by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.06pt;position:var(--position);text-decoration:none;white-space:pre">11,679,400</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.06pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.56pt;position:var(--position);text-decoration:none;white-space:pre">ADSs</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.45pt;position:var(--position);text-decoration:none;white-space:pre"> a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.38pt;position:var(--position);text-decoration:none;white-space:pre">t a price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.87pt;position:var(--position);text-decoration:none;white-space:pre">$64.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.37pt;position:var(--position);text-decoration:none;white-space:pre"> per ADS (corresponding to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:595.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€54.58</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.5pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share, based on the exchange rate of €1.00 = $</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.79pt;position:var(--position);text-decoration:none;white-space:pre">1.1726</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.29pt;position:var(--position);text-decoration:none;white-space:pre"> as published by the European Central Bank on July </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:608.68pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">23, 2025);</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:625.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the conversion of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.88pt;position:var(--position);text-decoration:none;white-space:pre">150</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.88pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.31pt;position:var(--position);text-decoration:none;white-space:pre">200</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.31pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.64pt;position:var(--position);text-decoration:none;white-space:pre">Heights notes o</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.81pt;position:var(--position);text-decoration:none;white-space:pre">n respectively July 23 and July 30, 2025 (corresponding to the entirety of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:637.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the outstanding principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.13pt;position:var(--position);text-decoration:none;white-space:pre">€21.9 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:270.98pt;position:var(--position);text-decoration:none;white-space:pre">). This conversion resulted in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:452.18pt;position:var(--position);text-decoration:none;white-space:pre">920,377</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.68pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:649.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">of the Group at a conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.85pt;position:var(--position);text-decoration:none;white-space:pre">€23.7674</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.35pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share in accordance with the terms and conditions of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:661.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible notes;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:676.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.2pt;position:var(--position);text-decoration:none;white-space:pre"> conversion, on </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.05pt;position:var(--position);text-decoration:none;white-space:pre">August 8, 2025, by Kreos Capital VII (UK) Limited of its portion of the Tranche A of the Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Financing (the Kreos OCABSA), at a conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304pt;position:var(--position);text-decoration:none;white-space:pre">€21.2209</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.5pt;position:var(--position);text-decoration:none;white-space:pre">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344pt;position:var(--position);text-decoration:none;white-space:pre"> resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.1pt;position:var(--position);text-decoration:none;white-space:pre">785,389</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.6pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:700.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the Group, . </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the exercise, on July 30, 2025, by Kreos Capital VII Aggregator SCSp of its share warrants (the tranche A-B Kreos BSA and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">tranche C Kreos BSA) resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre">319,251</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares of the Group;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:97.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the exercise, o</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.41pt;position:var(--position);text-decoration:none;white-space:pre">n August 28, 2025, by Claret European Growth Capital Fund III SCSp of its share warrants (the tranche A-B </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:109.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Claret BSA and tranche C Claret BSA) resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.57pt;position:var(--position);text-decoration:none;white-space:pre">206,662</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.07pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares of the Group;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the conversion, on November 25, 2025, by Claret European Growth Capital Fund III SCSp of its portion of the Tranche A of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:136.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the Kreos / Claret Financing (the Claret OCABSA), at a conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.75pt;position:var(--position);text-decoration:none;white-space:pre">€21.2209</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.25pt;position:var(--position);text-decoration:none;white-space:pre">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.75pt;position:var(--position);text-decoration:none;white-space:pre"> resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.85pt;position:var(--position);text-decoration:none;white-space:pre">392,695</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:562.35pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">ordinary shares of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the issue of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">627,714</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.51pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.01pt;position:var(--position);text-decoration:none;white-space:pre">vested free shares, as part of the AGA plans issued by the Group to certain of its officers and employees;</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the exercise of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.74pt;position:var(--position);text-decoration:none;white-space:pre">257,087</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.24pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.74pt;position:var(--position);text-decoration:none;white-space:pre">other share warrants, by issuing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.07pt;position:var(--position);text-decoration:none;white-space:pre">257,087</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.57pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares with a par value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.31pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.81pt;position:var(--position);text-decoration:none;white-space:pre"> per share and an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:192.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">average subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.19pt;position:var(--position);text-decoration:none;white-space:pre">€13.02</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.69pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.19pt;position:var(--position);text-decoration:none;white-space:pre">per share (see Note 14).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:233.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Distribution of dividends </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:255.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group did not distribute any dividends for any of the periods presented, does not have any present plan to pay any cash dividends </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:267.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on its equity securities in the foreseeable future and currently intends to retain all available funds and any future earnings to operate </span></div>and expand our business. 629000 62928818 0.01 633000 63347837 0.01 785000 78536412 0.01 11339 0 0 62928818 63347837 78536412 130000000 20000000 0.01 6.50 67887 31696 1850000 99583 0.01 18.57 20325500 18699460 1626040 0.01 11.60 10.9864 1906 190550 0.01 0.01 28111000 77820 2.57 -446000 4000 4000 0.01 11.14 415019 11679400 64.00 54.58 1.1726 150 200 21900000 920377 23.7674 21.2209 785389 319251 206662 21.2209 392695 627714 257087 257087 0.01 13.02 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payments</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group has granted BCEs, BSAs and free shares (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:250.25pt;position:var(--position);text-decoration:none;white-space:pre">attributions gratuites d’actions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.59pt;position:var(--position);text-decoration:none;white-space:pre">, or “AGAs”). These plans qualify as “equity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:343.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">settled” under IFRS 2. The Group does not have any obligation to purchase these instruments in the event of departure or if a specific </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">event does not occur. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:375.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Valuation methods of BCEs, BSAs and AGAs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:398.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of share-based awards was determined at grant date using the Black Scholes model for the BCEs and BSAs and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:409.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Monte-Carlo simulation for AGAs plans with market performance conditions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:431.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The assumptions used to estimate the fair value of the instruments are presented below and include: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:454.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Expected maturity of the options;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:465.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.1pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Expected volatility based on the historical market share price available; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.1pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Expected dividends based on management best estimate; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:487.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.1pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free interest rate based on French OAT rates measured at grant dates; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:499.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.1pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Share price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.21000000000001pt;position:var(--position);text-decoration:none;white-space:pre">, including offered </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.8pt;position:var(--position);text-decoration:none;white-space:pre">in case of change of control (only for the market conditions applicable to the free-share plan </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:510.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.49000000000001pt;position:var(--position);text-decoration:none;white-space:pre">), i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.59pt;position:var(--position);text-decoration:none;white-space:pre">s based on Monte-Carlo simulations and taking into account a change of control premium based on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:521.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">management best estimate. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:543.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BCEs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:566.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to BCEs as well as the assumptions used for the measurement thereof in accordance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:577.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with IFRS 2 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:94.87pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.29pt;position:var(--position);text-decoration:none;white-space:pre">: </span></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:524.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:45pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:47.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td></tr><tr style="height:89.25pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:45pt"><div><div style="line-height:8pt;position:var(--position);top:52.2pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.18pt;position:var(--position);text-decoration:none;white-space:pre">GRANT D</span></div><div style="line-height:8pt;position:var(--position);top:61.8pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.28pt;position:var(--position);text-decoration:none;white-space:pre">ATE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:57pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.97pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:47.4pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:57pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:66.6pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:33pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:42.6pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.73pt;position:var(--position);text-decoration:none;white-space:pre">OF BCE </span></div><div style="line-height:8pt;position:var(--position);top:52.2pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:61.8pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.29pt;position:var(--position);text-decoration:none;white-space:pre">ING AS OF </span></div><div style="line-height:8pt;position:var(--position);top:71.4pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.19pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY </span></div><div style="line-height:8pt;position:var(--position);top:81pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.5pt;position:var(--position);text-decoration:none;white-space:pre">1, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.52pt;position:var(--position);text-decoration:none;white-space:pre">OF ISSUED </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.73pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.19pt;position:var(--position);text-decoration:none;white-space:pre">OF LAPSED </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.73pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.95pt;position:var(--position);text-decoration:none;white-space:pre">OF </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.07pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISE</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.84pt;position:var(--position);text-decoration:none;white-space:pre">D BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">ING </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISA</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.5pt;position:var(--position);text-decoration:none;white-space:pre">BLE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.96pt;position:var(--position);text-decoration:none;white-space:pre">MAXIMUM </span></div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.96pt;position:var(--position);text-decoration:none;white-space:pre">OF SHARES </span></div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.39pt;position:var(--position);text-decoration:none;white-space:pre">TO BE </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED IF </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.28pt;position:var(--position);text-decoration:none;white-space:pre">ALL </span></div><div style="line-height:8pt;position:var(--position);top:60.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIO</span></div><div style="line-height:8pt;position:var(--position);top:70.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.96pt;position:var(--position);text-decoration:none;white-space:pre">NS ARE </span></div><div style="line-height:8pt;position:var(--position);top:80.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">MET</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:89.25pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.1pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:89.25pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:67.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2016-11-07</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:120pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2016-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">84,000</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">18,796</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(18,796)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-01-23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:132pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(33,313)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:144pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">150,000</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">112,500</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:156pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,373</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(33,686)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:168pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">33,687</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,843)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,844<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,844<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-03-15</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:180pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">22,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">11,980</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(9,440)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-05-14</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:192pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">16,843</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">16,843</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(8,422)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-05-14</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:204pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">22,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.62pt"></span></span><span style="left:32.25pt;position:var(--position)">2,000</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(2,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:216pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total BCEs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">496,965</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">330,179</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:16.3pt"></span></span><span style="left:18.93pt;position:var(--position)">(122,500)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">207,679<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">157,148<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">207,679<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The BCEs include a service condition under which the beneficiary must still be an employee, a corporate officer or a scientific </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:349.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">consultant of the Group at the time of vesting. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:372.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The exercise rights for most of the BCEs are vested annually and have the following vesting terms: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.33pt;position:var(--position);text-decoration:none;white-space:pre"> of the award vests on the first anniversary of the date of grant for all currently issued BCEs; and </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:405.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the remaining </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.09pt;position:var(--position);text-decoration:none;white-space:pre">75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> of the award, the BCEs vest 1/48th per month over </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.56pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.8pt;position:var(--position);text-decoration:none;white-space:pre"> from the anniversary date of the grant. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:432.74pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Most of the BCEs plans include or partially include non-market performance conditions (obtaining financing of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.68pt;position:var(--position);text-decoration:none;white-space:pre">€100 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.03pt;position:var(--position);text-decoration:none;white-space:pre">, positive </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:443.94pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">results on clinic studies, signature of informed consent in a clinical phase, signing a license agreement, FDA authorization). The level </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:455.14pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of achievement of the non-market performance conditions are taken into account in determining the number of BCEs allocated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.34pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">initially and reassessed at each closing date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.74pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the event of a change of control or a M&amp;A transaction, all the BCEs will become immediately exercisable. A change of control is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:499.94pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">defined as a new investor/company holding directly or indirectly more than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.82pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.15pt;position:var(--position);text-decoration:none;white-space:pre"> of the share capital or voting rights. As such the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:511.14pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">probable vesting date of each plan corresponds to the weighted average of probable change of control dates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:535.24pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:549.89pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to BSAs as well as the assumptions used for the measurement thereof in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.89pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IFRS 2—</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:142.28pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.7pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:537pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:52.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:52.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td></tr><tr style="height:69pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">GRANT DA</span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.92pt;position:var(--position);text-decoration:none;white-space:pre">TE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:46.87pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.47pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:61.27pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:22.87pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:32.47pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.29pt;position:var(--position);text-decoration:none;white-space:pre">ING AS OF </span></div><div style="line-height:8pt;position:var(--position);top:61.27pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.19pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY </span></div><div style="line-height:8pt;position:var(--position);top:70.87pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.5pt;position:var(--position);text-decoration:none;white-space:pre">1, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.52pt;position:var(--position);text-decoration:none;white-space:pre">OF ISSUED </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.17pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.19pt;position:var(--position);text-decoration:none;white-space:pre">OF LAPSED </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.17pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.95pt;position:var(--position);text-decoration:none;white-space:pre">OF </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.07pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISE</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.29pt;position:var(--position);text-decoration:none;white-space:pre">D  BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">ING </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISA</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.5pt;position:var(--position);text-decoration:none;white-space:pre">BLE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:69pt;left:486pt;overflow:hidden;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:-6.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.96pt;position:var(--position);text-decoration:none;white-space:pre">MAXIMUM </span></div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.96pt;position:var(--position);text-decoration:none;white-space:pre">OF SHARES </span></div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.39pt;position:var(--position);text-decoration:none;white-space:pre">TO BE </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED IF </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.28pt;position:var(--position);text-decoration:none;white-space:pre">ALL </span></div><div style="line-height:8pt;position:var(--position);top:50.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIO</span></div><div style="line-height:8pt;position:var(--position);top:60.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.96pt;position:var(--position);text-decoration:none;white-space:pre">NS ARE </span></div><div style="line-height:8pt;position:var(--position);top:69.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">MET</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:69pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.1pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:69pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:67.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2015-12-04</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:99.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2015-11</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">96,924<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">96,924<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(96,924)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2015-12-04</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:111.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2015-12</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">82,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,400)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-09-18</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:123.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2017-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,400)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-01-22</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:135.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2018-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">49,200<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024-04-04</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:147.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">58,365<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">58,365<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(4,863)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">53,502<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">9,726<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">53,502<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024-04-04</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:159.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">4,863<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-01-13</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:171.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:183.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-01-13</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:183.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-04-22</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:195.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:429pt;overflow:hidden;position:var(--position);top:195.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:483pt;overflow:hidden;position:var(--position);top:195.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:-45.51pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div><div style="line-height:8pt;position:var(--position);top:-35.91pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">9</span></div><div style="line-height:8pt;position:var(--position);top:-26.31pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.63pt;position:var(--position);text-decoration:none;white-space:pre">,</span></div><div style="line-height:8pt;position:var(--position);top:-16.71pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div><div style="line-height:8pt;position:var(--position);top:-7.11pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">7</span></div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:207pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total BSAs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">486,714<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">223,944<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">164,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:267pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:16.3pt"></span></span><span style="left:18.93pt;position:var(--position)">(134,587)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">253,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:429pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">30,989<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:483pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">253,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:307.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSAs issued prior to January 1, 2024</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:333.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These BSAs include a service condition under which the beneficiary must still be an employee, a corporate officer or a scientific </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">consultant of the Group at the time of vesting. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The exercise rights for most of these BSAs are vested annually and have the following vesting terms: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:378.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.33pt;position:var(--position);text-decoration:none;white-space:pre"> of the award vests on the first anniversary of the date of grant for all currently issued BSAs; and </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:391.95pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For the remaining </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.09pt;position:var(--position);text-decoration:none;white-space:pre">75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> of the award, the BSAs vest 1/48th per month over </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.58pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.82pt;position:var(--position);text-decoration:none;white-space:pre"> from the anniversary date of the grant. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.69pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">All of these BSAs plans include or partially include non-market performance conditions (positive results on clinic studies, signature of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:429.89pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">informed consent in a clinical phase, signing a license agreement, FDA authorization). The level of achievement of the non-market </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:441.09pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">performance conditions are taken into account in determining the number of BSAs allocated initially and reassessed at each closing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:452.29pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:474.69pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the event of a change of control or a M&amp;A transaction, all these BSAs will become immediately exercisable. A change of control is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:485.89pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">defined as a new investor/company holding directly or indirectly more than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.82pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.15pt;position:var(--position);text-decoration:none;white-space:pre"> of the share capital or voting rights. As such the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:497.09pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">probable vesting date of each plan corresponds to the weighted average of probable change of control dates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:519.49pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSAs granted in March 2024</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:544.49pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2024, the Group granted its independent Board members the right to subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.27pt;position:var(--position);text-decoration:none;white-space:pre">77,820</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.77pt;position:var(--position);text-decoration:none;white-space:pre"> share warrants (BSA) in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:555.99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">aggregate, the vesting of which is subject to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.63pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.87pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.98pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.31pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on each anniversary </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:567.49pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">date. Additionally, the BSAs are subject to a vesting acceleration condition in case of a tender offer on the securities issued by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:578.99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group and resulting in a change of control of the Group. All of the granted BSAs were subscribed by the beneficiaries in April 2024.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">BSAs granted in January and April 2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In January 2025, the Group granted its independent Board members, as well as one of its Board Observers and Advisor, the right to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre">125,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.51pt;position:var(--position);text-decoration:none;white-space:pre"> BSAs in the aggregate, the vesting of which is subject to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.44pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.68pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:555.79pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:574.12pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">each, vested on January 1 of each year. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.7pt;position:var(--position);text-decoration:none;white-space:pre">All of the granted BSAs were subscribed by the beneficiaries in February 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In April 2025, the Group granted to one of its Board members the right to subscribe up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.98pt;position:var(--position);text-decoration:none;white-space:pre">39,370</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.48pt;position:var(--position);text-decoration:none;white-space:pre"> BSAs, the vesting of which is subject </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to a service condition of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.05pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.29pt;position:var(--position);text-decoration:none;white-space:pre">, by tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.4pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.73pt;position:var(--position);text-decoration:none;white-space:pre"> each, vested on May 1 of each year. The BSAs were subscribed in May 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Additionally, the BSAs are subject to a vesting acceleration condition in case of a tender offer on the securities issued by the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and resulting in a change of control of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:204.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the BSAs was determined at grant date using the Black Scholes model, with the following assumptions:</span></div><div style="position:var(--position);top:227.36pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td></tr><tr style="height:41.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.84pt;position:var(--position);white-space:pre">TYPE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.62pt;position:var(--position);white-space:pre">FAIR VALUE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.38pt;position:var(--position);white-space:pre">OF THE </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.07pt;position:var(--position);white-space:pre">UNDERLYING </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.61pt;position:var(--position);white-space:pre">SHARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.5pt;position:var(--position);white-space:pre">FAIR VALUE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.49pt;position:var(--position);white-space:pre">OF THE BSA</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.94pt;position:var(--position);white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.92pt;position:var(--position);white-space:pre">BSAs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.27pt;position:var(--position);white-space:pre">SUBSCRIPTI</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.82pt;position:var(--position);white-space:pre">ON PRICE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.15pt;position:var(--position);white-space:pre">STRIKE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.83pt;position:var(--position);white-space:pre">PRICE PER </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.48pt;position:var(--position);white-space:pre">SHARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.2pt;position:var(--position);white-space:pre">RISK FREE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.52pt;position:var(--position);white-space:pre">RATE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.49pt;position:var(--position);white-space:pre">EXPECTED </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.05pt;position:var(--position);white-space:pre">MATURITY</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.71pt;position:var(--position);white-space:pre">VOLATILITY</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA 2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:41.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.31pt;position:var(--position);text-decoration:none;white-space:pre">€14.06</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€5.7</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€6.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">58,365</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.57</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.19pt;position:var(--position);text-decoration:none;white-space:pre">€13.10</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:41.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.30%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.4</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">6.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.41%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:51pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA 2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:53.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.31pt;position:var(--position);text-decoration:none;white-space:pre">€14.06</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€5.8</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€6.6</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">19,455</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.57</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.19pt;position:var(--position);text-decoration:none;white-space:pre">€13.10</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:53.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.30%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.41%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:65.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.13</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€3.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:16.25pt;position:var(--position);text-decoration:none;white-space:pre">100,000</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.63</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:65.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.65%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.88%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:77.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:77.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.13</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€3.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">25,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.63</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:77.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.65%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.88%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:89.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.48</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.7</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€4.1</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">39,370</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€1.27</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.41</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:89.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">3.92%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">- </span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.47pt;position:var(--position);white-space:pre">years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.69%</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:361.06pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to AGAs as well as the assumptions used for the measurement thereof in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IFRS 2—</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.28pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.7pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:537.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:5.25pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:47.25pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.72pt;position:var(--position);text-decoration:none;white-space:pre">GRANT DATE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.59pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:28.65pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.38pt;position:var(--position);text-decoration:none;white-space:pre">Total NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.26pt;position:var(--position);text-decoration:none;white-space:pre">OF AGAs </span></div><div style="line-height:8pt;position:var(--position);top:47.85pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.82pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:25.87pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.31pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:35.47pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.19pt;position:var(--position);text-decoration:none;white-space:pre">AGAs </span></div><div style="line-height:8pt;position:var(--position);top:45.07pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.87pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTANDING </span></div><div style="line-height:8pt;position:var(--position);top:54.67pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:64.27pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.31pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, </span></div><div style="line-height:8pt;position:var(--position);top:73.87pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.38pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">LAPSED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.83pt;position:var(--position);text-decoration:none;white-space:pre">VESTED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.31pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:20.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.19pt;position:var(--position);text-decoration:none;white-space:pre">AGAs </span></div><div style="line-height:8pt;position:var(--position);top:30.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.87pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTANDING </span></div></div></div></td></tr><tr style="height:35.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="6" style="font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:47.25pt;width:204.75pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:204.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.92pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.91pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.47pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.56pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,382,796<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">780,040<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(230,464)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">549,576<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:94.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">75,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(75,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:94.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/28/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">731,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:106.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">485,875<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(34,750)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(251,125)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:106.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">200,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/28/23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">254,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">213,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(15,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(108,500)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">89,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">12/01/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">132,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:130.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">81,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(26,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(27,625)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:130.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/01/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,549,125<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:142.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,355,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(134,125)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:142.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,221,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">03/28/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:154.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:154.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">05/23/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">38,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:166.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">38,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(13,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:166.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:178.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:178.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:190.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:190.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-6</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">20,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:202.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">20,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(10,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:202.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">10,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/05/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-7</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:214.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:214.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">4,319,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:226.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">4,319,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(217,500)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:226.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">4,102,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:238.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:238.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:250.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:250.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:262.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:262.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">03/20/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">50,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:274.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">50,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(50,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:274.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">05/30/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-6</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:286.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:286.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">08/01/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-7</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,711,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:298.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,711,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(80,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:298.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,631,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">11/13/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-8</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.46pt"></span></span><span style="left:43.09pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:310.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.46pt"></span></span><span style="left:43.09pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:310.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total AGAs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:132pt;overflow:hidden;position:var(--position);top:322.5pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">10,828,148<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:322.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">3,388,040<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">6,280,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(645,375)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(627,714)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:322.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">8,395,678<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:72pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.84pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);width:72pt"><div><div style="line-height:8pt;position:var(--position);top:3.22pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.7pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE OF </span></div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.56pt;position:var(--position);text-decoration:none;white-space:pre">THE </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.69pt;position:var(--position);text-decoration:none;white-space:pre">UNDERLYING </span></div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.23pt;position:var(--position);text-decoration:none;white-space:pre">SHARE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.2pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE OF </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.18pt;position:var(--position);text-decoration:none;white-space:pre">THE AGA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">AGA PRICE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.3pt;position:var(--position);text-decoration:none;white-space:pre">MATURITY</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.96pt;position:var(--position);text-decoration:none;white-space:pre">VOLATILITY </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.97pt;position:var(--position);text-decoration:none;white-space:pre">RISK FREE RATE</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranches 1-4)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:41.25pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 5)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:63pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€3.62</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.51pt;position:var(--position);text-decoration:none;white-space:pre">2024-12-31</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">67.2%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">3.20%</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 6)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:84.75pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.74</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.51pt;position:var(--position);text-decoration:none;white-space:pre">2024-07-11</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">67.2%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">3.20%</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-2 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:106.5pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-2 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 2)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:128.25pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€9.59</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:150pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:162pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:174pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€9.16</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€9.16</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:186pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.26</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.26</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:198pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€13.40</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€13.40</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:210pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.76</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.76</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:222pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:234pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-6</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:246pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-7</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:258pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€10.80</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€10.80</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:270pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:282pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:294pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:306pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:318pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€6.17</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€6.17</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-6</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:330pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.17</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.17</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-7</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:342pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€61.20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€61.20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-8</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:354pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€89.40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€89.40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:468.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs granted in July 2023</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(a) Pursuant to a Board decision on July 11, 2023, the Group allocated a total number of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.95pt;position:var(--position);text-decoration:none;white-space:pre">1,382,796</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.95pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs to Mr. Marc de Garidel, as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:501.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group’s Chief Executive Officer, to which performance conditions and service conditions apply (AGA plan 2023-1):</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">212,738</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 1): the acquisition period shall end on the first anniversary of the allocation date; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:535.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">638,214</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 2): the AGAs 2023-1 shall progressively be definitively acquired on a monthly basis over </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.78999999999999pt;position:var(--position);text-decoration:none;white-space:pre">three years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre"> starting after the first anniversary of the allocation date;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:557.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">212,738</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 3): the acquisition period shall end on the latest date between (i) the first anniversary of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:568.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date, and (ii) the date on which a specific performance condition related to regulatory approval is fulfilled; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:580.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">106,369</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 4): the acquisition period shall end on the latest date between (i) the first anniversary of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date, and (ii) the date on which the Group successfully completes a public offering raising at least </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre">$100 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:572.77pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">in gross proceeds (the condition was met on October 24, 2023); </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:613.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">106,369</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 5): the acquisition period shall end on the latest date between (i) the first anniversary of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date, and (ii) the date on which a specific performance condition related to the Group’s market capitalization is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">fulfilled; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:647.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">106,368</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-1 (tranche 6): the acquisition period shall end on the first anniversary of the allocation date subject </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:658.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">to the completion, prior to such date, of a tender offer on the securities issued by the Group, at a predetermined minimum </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:669.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">price, and resulting in a change of control of the Group; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:680.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Additionally, AGAs related to tranches 1 to 5 are subject to a vesting acceleration condition in case of a tender offer on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:692.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">securities issued by the Group and resulting in a change of control of the Group.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group qualified those conditions under IFRS 2 principles as follows:</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Conditions related to tranches 1 and 2 qualify as service conditions under IFRS 2 principles.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:106.4pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Conditions related to tranches 3 and 4 qualify as service and non-market performance conditions. Their levels of achievement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:119.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">are reflected in the number of instruments that are expected to vest and were estimated by management based on observable </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:133.28pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">industry-specific data.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:146.72pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Conditions related to tranches 5 and 6 qualify as service and market performance conditions. The levels of achievement of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">market conditions are reflected in the unit fair value of the free shares and were estimated by management using the valuation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:173.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">methods and assumptions set out above. The valuation of tranche 6 also incorporates management’s estimate of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:187.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">probability of a M&amp;A transaction prior to the limit date.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:200.48pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The vesting acceleration condition in case of a tender offer on the securities issued by the Group and resulting in a change of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:213.92pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">control of the Group qualifies as a non-market performance condition.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:241.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(b) Pursuant to a Board decision on July 11, 2023, the Group allocated a total number of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.52pt;position:var(--position);text-decoration:none;white-space:pre">100,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.02pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs to Mr. Hartmut Ehrlich, as the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:252.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group’s former Chief Executive Officer, to which the following conditions apply (AGA plan 2023-2):</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:274.76pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">25,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-2 (tranche 1): the acquisition period shall end on the first anniversary of the allocation date, and is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">not subject to a future service condition; </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:301.64pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">For </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.39pt;position:var(--position);text-decoration:none;white-space:pre">75,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.89pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2023-2 (tranche 2): the acquisition period shall end on the latest date between (i) the first anniversary of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:315.08pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the allocation date, and (ii) the date on which a specific condition, related to positive results on clinical studies, is fulfilled. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The acquisition is not subject to a future service condition. Additionally, the tranche is subject to a vesting acceleration </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:341.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">condition in case of a tender offer on the securities issued by the Group and resulting in a change of control of the Group.  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">This tranche qualifies as a non-vesting condition. Its level of achievement is reflected in the unit fair value of the free shares, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:368.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and was estimated by management based on observable industry-specific data.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:395.72pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs granted in September and December 2023</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On September 28, 2023 and December 1, 2023, certain of the Group’s officers and employees were allocated respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.72pt;position:var(--position);text-decoration:none;white-space:pre">985,750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.22pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:429.32pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs (AGA plans 2023-3 and 2023-4) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.98pt;position:var(--position);text-decoration:none;white-space:pre">132,750</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.48pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2023-5) in the aggregate, the vesting of which is subject to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certain conditions: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:462.92pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Subject to remaining employed with the Group, each such officer or employee’s AGAs will be vested as follows: (i) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.28pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:557.61pt;position:var(--position);text-decoration:none;white-space:pre"> at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.39pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.38pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.9pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, (ii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.26pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.18pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.14pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.66pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:489.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(iii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.47pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.39pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.05pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.57pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date (service condition). </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:514.44pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.75pt;position:var(--position);text-decoration:none;white-space:pre">1,118,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.75pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.8pt;position:var(--position);text-decoration:none;white-space:pre">254,250</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.3pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs are subject to an additional non-market performance condition of the successful </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:527.88pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">completion of a public offering raising at least </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.53999999999996pt;position:var(--position);text-decoration:none;white-space:pre">$200 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.89pt;position:var(--position);text-decoration:none;white-space:pre"> in gross proceeds. This condition was met on October 24, 2023.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:552.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Additionally, all the 2023-3, 2023-4 and 2023-5 AGAs are subject to a vesting acceleration condition in case of a tender offer on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:564.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">securities issued by the Group and resulting in a change of control of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:589.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs granted in February, March, May, July and September 2024</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On February 1, 2024, March 28, 2024, May 23, 2024, July 11, 2024 and September 5, 2024 certain of the Group’s officers and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:623.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">employees were allocated respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.41pt;position:var(--position);text-decoration:none;white-space:pre">1,549,125</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.41pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plans 2024-1), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.7pt;position:var(--position);text-decoration:none;white-space:pre">22,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.2pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2024-2), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.6pt;position:var(--position);text-decoration:none;white-space:pre">38,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.1pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:634.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">plans 2024-3), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.25pt;position:var(--position);text-decoration:none;white-space:pre">138,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.75pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plans 2024-4, 5 and 6) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.9pt;position:var(--position);text-decoration:none;white-space:pre">198,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.4pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plans 2024-7), in the aggregate, the vesting of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:645.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which is subject to certain conditions: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:670.96pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Subject to remaining employed with the Group, each such officer or employee’s AGAs (with the exception of AGAs 2024-6) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:684.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">will be vested as follows: (i) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.31pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.9pt;position:var(--position);text-decoration:none;white-space:pre">two years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.47pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, (ii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.83pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.16pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.75pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:551.71pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:572.23pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">period from the allocation date and (iii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.06pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.39pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.98pt;position:var(--position);text-decoration:none;white-space:pre">four years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.22pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date (service condition).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:97.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.03pt;position:var(--position);text-decoration:none;white-space:pre">20,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.53pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs 2024-6 granted to an employee are composed of (i) a first tranche of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.61pt;position:var(--position);text-decoration:none;white-space:pre">10,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.11pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs not subject to any </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:108.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">presence of performance condition and (ii) a second tranche of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.02pt;position:var(--position);text-decoration:none;white-space:pre">10,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.52pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs subject to a non-vesting condition, the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:119.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">achievement of which was deemed certain on grant date.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:144.84pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Additionally, all the 2024-1 to 2024-7 AGA plans are subject to a vesting acceleration condition in case of a tender offer on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:159.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the securities issued by the Group and resulting in a change of control of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:183.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:42.1pt;position:var(--position);text-decoration:none;white-space:pre">GAs granted in February, March, May, August and November 2025</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">From February to November 2025, certain of the Group’s officers and employees were allocated </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.75pt;position:var(--position);text-decoration:none;white-space:pre">4,319,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.75pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:217.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025-1), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.66pt;position:var(--position);text-decoration:none;white-space:pre">123,102</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.16pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2025-2), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.56pt;position:var(--position);text-decoration:none;white-space:pre">17,625</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.06pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plans 2025-3), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.35pt;position:var(--position);text-decoration:none;white-space:pre">30,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.85pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2025-4), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.25pt;position:var(--position);text-decoration:none;white-space:pre">25,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.75pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(AGA plan 2025-6), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.85pt;position:var(--position);text-decoration:none;white-space:pre">1,711,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.85pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2025-7) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.68pt;position:var(--position);text-decoration:none;white-space:pre">4,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.18pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2025-8) in the aggregate, the vesting of which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:239.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">is subject to certain conditions: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:262.04pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Subject to remaining employed with the Group, each such officer or employee’s AGAs will be vested as follows: (i) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.28pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:557.61pt;position:var(--position);text-decoration:none;white-space:pre"> at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:275.48pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.39pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.38pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.9pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date, (ii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.26pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.18pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.14pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.66pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:288.92pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(iii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.47pt;position:var(--position);text-decoration:none;white-space:pre">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.8pt;position:var(--position);text-decoration:none;white-space:pre"> at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.39pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.05pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.57pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation date (service condition). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">B</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.66pt;position:var(--position);text-decoration:none;white-space:pre">y exception to the above, the vesting of almost half of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.9pt;position:var(--position);text-decoration:none;white-space:pre">4,319,500</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.9pt;position:var(--position);text-decoration:none;white-space:pre"> 2025-1 AGAs is subject to the occurrence of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.27pt;position:var(--position);text-decoration:none;white-space:pre">tender </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:313.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">offer on the securities issued by the Group and resulting in a change of control of the Group</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.15pt;position:var(--position);text-decoration:none;white-space:pre"> before a certain date, and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">123,102</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.5pt;position:var(--position);text-decoration:none;white-space:pre"> 2025-2 AGAs will vest entirely at the end of a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.59000000000003pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.58000000000004pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.1pt;position:var(--position);text-decoration:none;white-space:pre"> period from the allocation dat</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.33pt;position:var(--position);text-decoration:none;white-space:pre">e, subject to future service </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:335.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">condition.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:347.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Additionally, all the AGA plans granted in 2025 are subject to a vesting acceleration condition in case of a tender offer on the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:359.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">securities issued by the Group and resulting in a change of control of the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:383.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In March 2025, a Group employee was allocated </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.29pt;position:var(--position);text-decoration:none;white-space:pre">50,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre"> AGAs (AGA plan 2025-5),</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.69pt;position:var(--position);text-decoration:none;white-space:pre"> the vesting of which is subject to the achievement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of certain milestones related to clinical studies and market authorization of ABX464 in UC and CD as well as future service.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.98pt;position:var(--position);text-decoration:none;white-space:pre"> These </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:405.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs are also s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.22pt;position:var(--position);text-decoration:none;white-space:pre">ubject to a vesting acceleration condition in case of a tender offer on the securities issued by the Group and resulting </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in a change of control of the Group. Following the departure of the beneficiary during the period, the expense related to this plan has </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:427.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">been reversed.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Social taxes related to AGAs</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGA plans granted to the Group's officers and employees are subject to employer's taxes, measured in accordance with the same </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">principles as the AGA plans. These taxes a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.46pt;position:var(--position);text-decoration:none;white-space:pre">re paid </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.42pt;position:var(--position);text-decoration:none;white-space:pre">upon the vesting date of the awards and their amount is based on the fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the underlying share at that date. They are therefore remeasured at every reporting date,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.34pt;position:var(--position);text-decoration:none;white-space:pre"> using the listed share price at that date</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre">. They </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are classified as provisions before they are due.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:154.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre;width:439.91pt">Breakdown of the compensation expenses accounted for the period ended December 31, 2023, 2024 and 2025</span></div><div style="position:var(--position);top:177.91pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:321pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:119.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:41.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(211)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(289)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGAs</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.55pt"></span></span><span style="left:41.18pt;position:var(--position)">(8,067)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.55pt"></span></span><span style="left:37.18pt;position:var(--position)">(19,900)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:65.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(35,108)</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:77.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Social taxes related to AGAs</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(426)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(717)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:12.75pt;left:252.75pt;overflow:hidden;position:var(--position);top:77.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(48,990)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:38.55pt"></span></span><span style="left:41.18pt;position:var(--position)">(8,605)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.55pt"></span></span><span style="left:37.18pt;position:var(--position)">(20,941)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:90pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(84,387)</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:294.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The significant amount of social taxes related to AGAs (and related provisions) for the year ended December 31, 2025 is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:304.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">predominantly attributable to the increase in the price of the underlying shares over the period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Provisions for social taxes related to AGAs are classified within the Current Provisions and Non-current Provisions line items in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">balance sheet, which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.43pt;position:var(--position);text-decoration:none;white-space:pre">amount</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.4pt;position:var(--position);text-decoration:none;white-space:pre"> to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> respective</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.65pt;position:var(--position);text-decoration:none;white-space:pre">ly</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.42pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.92pt;position:var(--position);text-decoration:none;white-space:pre">€16,467 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.01pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.51pt;position:var(--position);text-decoration:none;white-space:pre">and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.94pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.44pt;position:var(--position);text-decoration:none;white-space:pre">€28,718 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.53pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.03pt;position:var(--position);text-decoration:none;white-space:pre">as of December 31, 20</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.22pt;position:var(--position);text-decoration:none;white-space:pre">25.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to BCEs as well as the assumptions used for the measurement thereof in accordance </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:577.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with IFRS 2 – </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:94.87pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.29pt;position:var(--position);text-decoration:none;white-space:pre">: </span></div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:524.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:45pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:47.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td></tr><tr style="height:89.25pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:45pt"><div><div style="line-height:8pt;position:var(--position);top:52.2pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.18pt;position:var(--position);text-decoration:none;white-space:pre">GRANT D</span></div><div style="line-height:8pt;position:var(--position);top:61.8pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.28pt;position:var(--position);text-decoration:none;white-space:pre">ATE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:57pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.97pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:47.4pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:57pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:66.6pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:33pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:42.6pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.73pt;position:var(--position);text-decoration:none;white-space:pre">OF BCE </span></div><div style="line-height:8pt;position:var(--position);top:52.2pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:61.8pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.29pt;position:var(--position);text-decoration:none;white-space:pre">ING AS OF </span></div><div style="line-height:8pt;position:var(--position);top:71.4pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.19pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY </span></div><div style="line-height:8pt;position:var(--position);top:81pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.5pt;position:var(--position);text-decoration:none;white-space:pre">1, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.52pt;position:var(--position);text-decoration:none;white-space:pre">OF ISSUED </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.73pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.19pt;position:var(--position);text-decoration:none;white-space:pre">OF LAPSED </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.73pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.95pt;position:var(--position);text-decoration:none;white-space:pre">OF </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.07pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISE</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.84pt;position:var(--position);text-decoration:none;white-space:pre">D BCEs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">ING </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:36.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.18pt;position:var(--position);text-decoration:none;white-space:pre">OF BCEs </span></div><div style="line-height:8pt;position:var(--position);top:46.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISA</span></div><div style="line-height:8pt;position:var(--position);top:56.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.5pt;position:var(--position);text-decoration:none;white-space:pre">BLE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.96pt;position:var(--position);text-decoration:none;white-space:pre">MAXIMUM </span></div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.96pt;position:var(--position);text-decoration:none;white-space:pre">OF SHARES </span></div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.39pt;position:var(--position);text-decoration:none;white-space:pre">TO BE </span></div><div style="line-height:8pt;position:var(--position);top:41.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED IF </span></div><div style="line-height:8pt;position:var(--position);top:51.22pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.28pt;position:var(--position);text-decoration:none;white-space:pre">ALL </span></div><div style="line-height:8pt;position:var(--position);top:60.82pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIO</span></div><div style="line-height:8pt;position:var(--position);top:70.42pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.96pt;position:var(--position);text-decoration:none;white-space:pre">NS ARE </span></div><div style="line-height:8pt;position:var(--position);top:80.02pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">MET</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:89.25pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.1pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:89.25pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:67.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2016-11-07</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:120pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2016-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">84,000</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">18,796</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(18,796)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:120pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-01-23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:132pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(33,313)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:132pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:144pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">150,000</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">112,500</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:144pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">112,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:156pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,373</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(33,686)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:156pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">33,687<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-11-20</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:168pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2017-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">67,374</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">33,687</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,843)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,844<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:168pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,844<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-03-15</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:180pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">22,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">11,980</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(9,440)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:180pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">2,540<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-05-14</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:192pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">16,843</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">16,843</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(8,422)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:192pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">8,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-05-14</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:204pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCE-2018-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.62pt"></span></span><span style="left:28.25pt;position:var(--position)">22,000</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.62pt"></span></span><span style="left:32.25pt;position:var(--position)">2,000</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(2,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:204pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:48pt;position:var(--position);top:216pt;width:47.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:47.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total BCEs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:98.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">496,965</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:152.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:21.62pt"></span></span><span style="left:24.25pt;position:var(--position)">330,179</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:203.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:39.62pt"></span></span><span style="left:42.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:257.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:311.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:16.3pt"></span></span><span style="left:18.93pt;position:var(--position)">(122,500)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">207,679<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:419.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">157,148<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:473.25pt;position:var(--position);top:216pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">207,679<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to BSAs as well as the assumptions used for the measurement thereof in </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.89pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IFRS 2—</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:142.28pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.7pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:537pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:52.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:52.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td></tr><tr style="height:69pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">GRANT DA</span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.92pt;position:var(--position);text-decoration:none;white-space:pre">TE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:46.87pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:32.47pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:61.27pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:22.87pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:32.47pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:42.07pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:51.67pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.29pt;position:var(--position);text-decoration:none;white-space:pre">ING AS OF </span></div><div style="line-height:8pt;position:var(--position);top:61.27pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.19pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY </span></div><div style="line-height:8pt;position:var(--position);top:70.87pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.5pt;position:var(--position);text-decoration:none;white-space:pre">1, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.52pt;position:var(--position);text-decoration:none;white-space:pre">OF ISSUED </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.17pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.19pt;position:var(--position);text-decoration:none;white-space:pre">OF LAPSED </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.17pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.95pt;position:var(--position);text-decoration:none;white-space:pre">OF </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.07pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISE</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.29pt;position:var(--position);text-decoration:none;white-space:pre">D  BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.3pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTAND</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">ING </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:17.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:26.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.62pt;position:var(--position);text-decoration:none;white-space:pre">OF BSAs </span></div><div style="line-height:8pt;position:var(--position);top:36.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">EXERCISA</span></div><div style="line-height:8pt;position:var(--position);top:45.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.5pt;position:var(--position);text-decoration:none;white-space:pre">BLE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:69pt;left:486pt;overflow:hidden;position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:-6.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.96pt;position:var(--position);text-decoration:none;white-space:pre">MAXIMUM </span></div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.74pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.96pt;position:var(--position);text-decoration:none;white-space:pre">OF SHARES </span></div><div style="line-height:8pt;position:var(--position);top:21.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.39pt;position:var(--position);text-decoration:none;white-space:pre">TO BE </span></div><div style="line-height:8pt;position:var(--position);top:31.5pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.07pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED IF </span></div><div style="line-height:8pt;position:var(--position);top:41.1pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.28pt;position:var(--position);text-decoration:none;white-space:pre">ALL </span></div><div style="line-height:8pt;position:var(--position);top:50.7pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIO</span></div><div style="line-height:8pt;position:var(--position);top:60.3pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.96pt;position:var(--position);text-decoration:none;white-space:pre">NS ARE </span></div><div style="line-height:8pt;position:var(--position);top:69.9pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.39pt;position:var(--position);text-decoration:none;white-space:pre">MET</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:69pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.1pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:69pt;width:159pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:67.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:159pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2015-12-04</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:99.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2015-11</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">96,924<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">96,924<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(96,924)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:99.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2015-12-04</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:111.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2015-12</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">82,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,400)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:111.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2017-09-18</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:123.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2017-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:20.3pt"></span></span><span style="left:22.93pt;position:var(--position)">(16,400)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:123.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2018-01-22</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:135.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2018-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">49,200<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:135.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">16,400<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024-04-04</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:147.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">58,365<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">58,365<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:24.3pt"></span></span><span style="left:26.93pt;position:var(--position)">(4,863)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">53,502<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">9,726<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:147.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">53,502<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024-04-04</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:159.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.96pt"></span></span><span style="left:29.59pt;position:var(--position)">4,863<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:159.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">19,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-01-13</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:171.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:171.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:183.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-01-13</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:183.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:183.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025-04-22</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:195.75pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:429pt;overflow:hidden;position:var(--position);top:195.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:483pt;overflow:hidden;position:var(--position);top:195.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:-45.51pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div><div style="line-height:8pt;position:var(--position);top:-35.91pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">9</span></div><div style="line-height:8pt;position:var(--position);top:-26.31pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.63pt;position:var(--position);text-decoration:none;white-space:pre">,</span></div><div style="line-height:8pt;position:var(--position);top:-16.71pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">3</span></div><div style="line-height:8pt;position:var(--position);top:-7.11pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">7</span></div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:195.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.49pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">39,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:55.5pt;position:var(--position);top:207pt;width:52.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:52.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total BSAs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:111pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">486,714<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:165pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">223,944<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">164,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:267pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:16.3pt"></span></span><span style="left:18.93pt;position:var(--position)">(134,587)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">253,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:429pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:432pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:22.96pt"></span></span><span style="left:25.59pt;position:var(--position)">30,989<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:11.25pt;left:483pt;overflow:hidden;position:var(--position);top:207pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:486pt;position:var(--position);top:207pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.62pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:18.96pt"></span></span><span style="left:21.59pt;position:var(--position)">253,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The following tables summarize the data relating to AGAs as well as the assumptions used for the measurement thereof in </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">accordance with IFRS 2—</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:149.28pt;position:var(--position);text-decoration:none;white-space:pre">Share-based Payment</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.7pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:537.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:5.25pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:47.25pt"><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.72pt;position:var(--position);text-decoration:none;white-space:pre">GRANT DATE </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.59pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:28.65pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.38pt;position:var(--position);text-decoration:none;white-space:pre">Total NUMBER </span></div><div style="line-height:8pt;position:var(--position);top:38.25pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.26pt;position:var(--position);text-decoration:none;white-space:pre">OF AGAs </span></div><div style="line-height:8pt;position:var(--position);top:47.85pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.82pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:25.87pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.31pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:35.47pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.19pt;position:var(--position);text-decoration:none;white-space:pre">AGAs </span></div><div style="line-height:8pt;position:var(--position);top:45.07pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.87pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTANDING </span></div><div style="line-height:8pt;position:var(--position);top:54.67pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:64.27pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.31pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, </span></div><div style="line-height:8pt;position:var(--position);top:73.87pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.38pt;position:var(--position);text-decoration:none;white-space:pre">ISSUED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">LAPSED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:15.82pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.94pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:25.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.83pt;position:var(--position);text-decoration:none;white-space:pre">VESTED AGAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.31pt;position:var(--position);text-decoration:none;white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:20.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.19pt;position:var(--position);text-decoration:none;white-space:pre">AGAs </span></div><div style="line-height:8pt;position:var(--position);top:30.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.87pt;position:var(--position);text-decoration:none;white-space:pre">OUTSTANDING </span></div></div></div></td></tr><tr style="height:35.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="6" style="font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:47.25pt;width:204.75pt"><div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:204.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.92pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED DECEMBER 31, 2025</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:47.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.91pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:16.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.47pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:26.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.56pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,382,796<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">780,040<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:82.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(230,464)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:82.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">549,576<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">100,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:94.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">75,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(75,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:94.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:94.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/28/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">731,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:106.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">485,875<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(34,750)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:106.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(251,125)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:106.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">200,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/28/23</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">254,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">213,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(15,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:118.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(108,500)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:118.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">89,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">12/01/23</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2023-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">132,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:130.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">81,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(26,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:130.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(27,625)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:130.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">27,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/01/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,549,125<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:142.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,355,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(134,125)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:142.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:142.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,221,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">03/28/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:154.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:154.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:154.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">22,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">05/23/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">38,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:166.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">38,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(13,000)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:166.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:166.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:178.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:178.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:178.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">93,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:190.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:190.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:190.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">07/11/24</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-6</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">20,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:202.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">20,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:202.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(10,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:202.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">10,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">09/05/24</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-7</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:214.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:214.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:214.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">198,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">4,319,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:226.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">4,319,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(217,500)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:226.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:226.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">4,102,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:238.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:32.46pt"></span></span><span style="left:35.09pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:238.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:238.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.21pt"></span></span><span style="left:35.84pt;position:var(--position)">123,102<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:250.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:250.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:250.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">17,625<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">02/06/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:262.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:262.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:262.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">30,500<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">03/20/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">50,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:274.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">50,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(50,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:274.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:274.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">05/30/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-6</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:286.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.46pt"></span></span><span style="left:39.09pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:286.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:286.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:37.21pt"></span></span><span style="left:39.84pt;position:var(--position)">25,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">08/01/25</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-7</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,711,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:298.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">1,711,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.8pt"></span></span><span style="left:36.43pt;position:var(--position)">(80,000)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:298.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:298.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">1,631,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">11/13/25</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-8</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.46pt"></span></span><span style="left:43.09pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:310.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.46pt"></span></span><span style="left:43.09pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:310.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.46pt"></span></span><span style="left:53.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:310.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:67.5pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total AGAs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:132pt;overflow:hidden;position:var(--position);top:322.5pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">—</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:135pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">10,828,148<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:322.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">3,388,040<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:26.46pt"></span></span><span style="left:29.09pt;position:var(--position)">6,280,727<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:335.25pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(645,375)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:322.5pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(627,714)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:472.5pt;position:var(--position);top:322.5pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:27.21pt"></span></span><span style="left:29.84pt;position:var(--position)">8,395,678<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div> 84000 18796 0 0 18796 0 0 0 67374 67000 0 0 33313 33687 33687 33687 150000 112500 0 0 0 112500 112500 112500 67374 67373 0 0 33686 33687 0 33687 67374 33687 0 0 16843 16844 0 16844 22000 11980 0 0 9440 2540 2540 2540 16843 16843 0 0 8422 8421 8421 8421 22000 2000 0 0 2000 0 0 0 496965 330179 0 0 122500 207679 157148 207679 0.25 0.75 P4Y 100000000 0.50 96924 96924 0 0 96924 0 0 0 82000 16400 0 0 16400 0 0 0 16400 16400 0 0 16400 0 0 0 49200 16400 0 0 0 16400 16400 16400 58365 58365 0 0 4863 53502 9726 53502 19455 19455 0 0 0 19455 4863 19455 100000 0 100000 0 0 100000 0 100000 25000 0 25000 0 0 25000 0 25000 39370 0 39370 0 0 39370 0 39370 486714 223944 164370 0 134587 253727 30989 253727 0.25 0.75 P4Y 0.50 77820 P4Y 0.25 125000 P4Y 0.25 39370 P4Y 0.25 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the BSAs was determined at grant date using the Black Scholes model, with the following assumptions:</span><div style="position:var(--position);top:227.36pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:58.5pt"></td></tr><tr style="height:41.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.84pt;position:var(--position);white-space:pre">TYPE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.62pt;position:var(--position);white-space:pre">FAIR VALUE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.38pt;position:var(--position);white-space:pre">OF THE </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.07pt;position:var(--position);white-space:pre">UNDERLYING </span></div><div style="line-height:8pt;position:var(--position);top:31.43pt;width:60.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.61pt;position:var(--position);white-space:pre">SHARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.5pt;position:var(--position);white-space:pre">FAIR VALUE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.49pt;position:var(--position);white-space:pre">OF THE BSA</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.94pt;position:var(--position);white-space:pre">NUMBER OF </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.92pt;position:var(--position);white-space:pre">BSAs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.27pt;position:var(--position);white-space:pre">SUBSCRIPTI</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.82pt;position:var(--position);white-space:pre">ON PRICE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.15pt;position:var(--position);white-space:pre">STRIKE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.83pt;position:var(--position);white-space:pre">PRICE PER </span></div><div style="line-height:8pt;position:var(--position);top:21.83pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.48pt;position:var(--position);white-space:pre">SHARE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.2pt;position:var(--position);white-space:pre">RISK FREE </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.52pt;position:var(--position);white-space:pre">RATE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.49pt;position:var(--position);white-space:pre">EXPECTED </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.05pt;position:var(--position);white-space:pre">MATURITY</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.71pt;position:var(--position);white-space:pre">VOLATILITY</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA 2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:41.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.31pt;position:var(--position);text-decoration:none;white-space:pre">€14.06</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€5.7</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€6.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">58,365</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.57</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.19pt;position:var(--position);text-decoration:none;white-space:pre">€13.10</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:41.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.30%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.4</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">6.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:41.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.41%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:51pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA 2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:53.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:20.31pt;position:var(--position);text-decoration:none;white-space:pre">€14.06</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€5.8</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€6.6</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">19,455</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.57</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.19pt;position:var(--position);text-decoration:none;white-space:pre">€13.10</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:53.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.30%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:53.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.41%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:65.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.13</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€3.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:16.25pt;position:var(--position);text-decoration:none;white-space:pre">100,000</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.63</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:65.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.65%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:65.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.88%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:77.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:77.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.13</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€3.9</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">25,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€2.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.63</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:77.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">4.65%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:30.47pt;position:var(--position);white-space:pre"> years]</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:77.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.88%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSA-2025-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:54pt;position:var(--position);top:89.25pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.31pt;position:var(--position);text-decoration:none;white-space:pre">€6.48</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:117.75pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:11.26pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.92pt;position:var(--position);text-decoration:none;white-space:pre">€3.7</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:27.92pt;position:var(--position);white-space:pre">-</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:30.58pt;position:var(--position);text-decoration:none;white-space:pre">€4.1</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.58pt;position:var(--position);white-space:pre">]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:179.25pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:18.25pt;position:var(--position);text-decoration:none;white-space:pre">39,370</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:240.75pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€1.27</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:302.25pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:21.19pt;position:var(--position);text-decoration:none;white-space:pre">€6.41</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:89.25pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.23pt;position:var(--position);text-decoration:none;white-space:pre">3.92%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.15pt;position:var(--position);white-space:pre">[</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.8100000000000005pt;position:var(--position);text-decoration:none;white-space:pre">5.5</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.810000000000002pt;position:var(--position);white-space:pre">- </span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.47pt;position:var(--position);text-decoration:none;white-space:pre">7.0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.47pt;position:var(--position);white-space:pre">years]</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:481.5pt;position:var(--position);top:89.25pt;width:58.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:58.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:17.86pt;position:var(--position);text-decoration:none;white-space:pre">60.69%</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:72pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.84pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);width:72pt"><div><div style="line-height:8pt;position:var(--position);top:3.22pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.7pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE OF </span></div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.56pt;position:var(--position);text-decoration:none;white-space:pre">THE </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.69pt;position:var(--position);text-decoration:none;white-space:pre">UNDERLYING </span></div><div style="line-height:8pt;position:var(--position);top:32.02pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.23pt;position:var(--position);text-decoration:none;white-space:pre">SHARE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:12.82pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.2pt;position:var(--position);text-decoration:none;white-space:pre">FAIR VALUE OF </span></div><div style="line-height:8pt;position:var(--position);top:22.42pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.18pt;position:var(--position);text-decoration:none;white-space:pre">THE AGA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">AGA PRICE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.3pt;position:var(--position);text-decoration:none;white-space:pre">MATURITY</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.96pt;position:var(--position);text-decoration:none;white-space:pre">VOLATILITY </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.97pt;position:var(--position);text-decoration:none;white-space:pre">RISK FREE RATE</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranches 1-4)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:41.25pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:41.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 5)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:63pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€3.62</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.51pt;position:var(--position);text-decoration:none;white-space:pre">2024-12-31</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">67.2%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:63pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">3.20%</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-1 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 6)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:84.75pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.74</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.51pt;position:var(--position);text-decoration:none;white-space:pre">2024-07-11</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">67.2%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:84.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:26.82pt;position:var(--position);text-decoration:none;white-space:pre">3.20%</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-2 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 1)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:106.5pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:106.5pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:1.73pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-2 </span></div><div style="line-height:9pt;position:var(--position);top:12.98pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche 2)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:128.25pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€15.98</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€9.59</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:128.25pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:7.35pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:150pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:150pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:162pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€14.92</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:162pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2023-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:174pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€9.16</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€9.16</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:174pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2024-1</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:186pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.26</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.26</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:186pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA 2024-2</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:198pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€13.40</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€13.40</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:198pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-3</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:210pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.76</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.76</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:210pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-4</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:222pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:222pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-5</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:234pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:234pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-6</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:246pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€12.54</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:246pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2024-7</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:258pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€10.80</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€10.80</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:258pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-1</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:270pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:270pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-2</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:282pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:282pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-3</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:294pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:294pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-4</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:306pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:306pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-5</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:318pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€6.17</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€6.17</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:318pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-6</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:330pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">€5.17</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€5.17</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:330pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-7</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:342pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€61.20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€61.20</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:342pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGA-2025-8</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:78pt;position:var(--position);top:354pt;width:72pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:72pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">€89.40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:25.12pt;position:var(--position);text-decoration:none;white-space:pre">€89.40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">€0.00</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:309pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:387pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:29.76pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:354pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.48pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.7pt;position:var(--position);text-decoration:none;white-space:pre">N/A</span></div></div></div></td></tr></tbody></table></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the Minimum Return Indemnifications was measured using the following assumptions:</span><div style="position:var(--position);top:155.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:521.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Tranche B Minimum Return Indemnification (issued in March </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">2024)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.93pt;position:var(--position);text-decoration:none;white-space:pre">AS OF MARCH 28, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Final redemption scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:21pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:21pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Minimal return</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:33pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.40</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:33pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.40</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Discount rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:45pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">13<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:45pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:132.18pt;position:var(--position)"></span><span style="left:132.18pt;position:var(--position)">8<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted present value of shortfall payment (in </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:57pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,959</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">68</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:57pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">2,635</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.13pt;position:var(--position);text-decoration:none;white-space:pre">136</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted fair value of tranche A-B warrants with MRI </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:78.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,066</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:78.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">104</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted fair value of tranche A-B warrants without </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:99.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,410</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:99.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">241</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total fair value of MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:120.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.41pt;position:var(--position);text-decoration:none;white-space:pre">1,615</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">68</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:120.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.41pt;position:var(--position);text-decoration:none;white-space:pre">2,499</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.13pt;position:var(--position);text-decoration:none;white-space:pre">136</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Fair value of Tranche B MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:142.5pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:115.55pt"></span></span><span style="left:118.17999999999999pt;position:var(--position)">1,683<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:142.5pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:115.55pt"></span></span><span style="left:118.17999999999999pt;position:var(--position)">2,636<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:342.66pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:521.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Tranche C Minimum Return Indemnification (issued in June </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">2024)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.03pt;position:var(--position);text-decoration:none;white-space:pre">AS OF JUNE 21, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Final redemption scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:21.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:21.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Minimal return</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:33.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.30</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:33.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.30</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Discount rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:45.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">15<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:45.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:132.18pt;position:var(--position)"></span><span style="left:132.18pt;position:var(--position)">8<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(a) Probability-weighted present value of shortfall payment (in </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:57.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">741</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:92.13pt;position:var(--position);text-decoration:none;white-space:pre">0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:57.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,160</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">43</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(b) Probability-weighted fair value of tranche C warrants with MRI </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:79.5pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">2,948</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:79.5pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">684</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(c) Probability-weighted fair value of tranche C warrants without </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:101.25pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">3,250</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:101.25pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">903</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total fair value of MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:123pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.41pt;position:var(--position);text-decoration:none;white-space:pre">475</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:92.13pt;position:var(--position);text-decoration:none;white-space:pre">0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:123pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.41pt;position:var(--position);text-decoration:none;white-space:pre">941</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">43</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Fair value of Tranche C MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:144.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:121.55pt"></span></span><span style="left:124.17999999999999pt;position:var(--position)">475<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:144.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:121.55pt"></span></span><span style="left:124.17999999999999pt;position:var(--position)">984<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.17pt;position:var(--position);text-decoration:none;white-space:pre">The </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">main data and assumptions are the following:</span></div><div style="position:var(--position);top:211.46pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:137.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td></tr><tr style="height:24pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret Tranche A-B BSA - </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">August 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.32pt;position:var(--position);text-decoration:none;white-space:pre">AS OF AUGUST 22, 2023 </span></div><div style="line-height:8pt;position:var(--position);top:14pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.65pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche A-B)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€17.10</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.76</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise date</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.44pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.99pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry) 18/02/2027 </span></div><div style="line-height:8pt;position:var(--position);top:12.44pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:79.79pt;position:var(--position);text-decoration:none;white-space:pre">(tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">7-year expiry scenario probability</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">50</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">71.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry) </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">65.2%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">59.5%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dividend</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">3.00</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">2.30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="height:17.25pt;left:396.75pt;overflow:hidden;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:0.52pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.21pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:10.6pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:61.13pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of issued Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tranche A-B BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:97.21pt"></span></span><span style="left:99.83999999999999pt;position:var(--position)">2,092<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:103.21pt"></span></span><span style="left:105.83999999999999pt;position:var(--position)">920<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:103.21pt"></span></span><span style="left:105.83999999999999pt;position:var(--position)">243<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:421.86pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:137.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td></tr><tr style="height:24pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret Tranche C BSA - </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">November 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.43pt;position:var(--position);text-decoration:none;white-space:pre">AS OF NOVEMBER 2, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of which, number of conditional BSA</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">202,915</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">202,916</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:118.62pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise price per share</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€8.89</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.67</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise date</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);white-space:pre">01/11/2030 (expiry) </span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">01/11/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">01/11/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">7-year expiry scenario probability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Probability of Drawdown of Tranche C </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">credit facility</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.09pt;position:var(--position);text-decoration:none;white-space:pre">Drawn on June 21, 2024</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">67.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">67.4%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dividend</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:181.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">3.00</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">2.30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.89pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.21pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:13.97pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:61.13pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:137.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of issued Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:137.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tranche C BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:94.96pt"></span></span><span style="left:97.58999999999999pt;position:var(--position)">1,493<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:94.96pt"></span></span><span style="left:97.58999999999999pt;position:var(--position)">1,659<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:101.71pt"></span></span><span style="left:104.33999999999999pt;position:var(--position)">923<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 14.06 5.7 6.5 58365 2.57 13.10 0.0430 P5Y4M24D P6Y10M24D 0.6041 14.06 5.8 6.6 19455 2.57 13.10 0.0430 P5Y6M P7Y 0.6041 6.13 3.5 3.9 100000 2.00 6.63 0.0465 P5Y6M P7Y 0.6088 6.13 3.5 3.9 25000 2.00 6.63 0.0465 P5Y6M P7Y 0.6088 6.48 3.7 4.1 39370 1.27 6.41 0.0392 P5Y6M P7Y 0.6069 1382796 780040 0 0 230464 549576 100000 75000 0 75000 0 0 731500 485875 0 34750 251125 200000 254250 213250 0 15000 108500 89750 132750 81250 0 26000 27625 27625 1549125 1355625 0 134125 0 1221500 22500 22500 0 0 0 22500 38500 38500 0 13000 0 25500 93000 93000 0 0 0 93000 25000 25000 0 0 0 25000 20000 20000 0 0 10000 10000 198000 198000 0 0 0 198000 4319500 0 4319500 217500 0 4102000 123102 0 123102 0 0 123102 17625 0 17625 0 0 17625 30500 0 30500 0 0 30500 50000 0 50000 50000 0 0 25000 0 25000 0 0 25000 1711000 0 1711000 80000 0 1631000 4000 0 4000 0 0 4000 10828148 3388040 6280727 645375 627714 8395678 15.98 15.98 0.00 15.98 3.62 0.00 0.672 0.0320 15.98 0.74 0.00 0.672 0.0320 15.98 15.98 0.00 15.98 9.59 0.00 14.92 14.92 0.00 14.92 14.92 0.00 9.16 9.16 0.00 12.26 12.26 0.00 13.40 13.40 0.00 12.76 12.76 0.00 12.54 12.54 0.00 12.54 12.54 0.00 12.54 12.54 0.00 10.80 10.80 0.00 5.82 5.82 0.00 5.82 5.82 0.00 5.82 5.82 0.00 5.82 5.82 0.00 6.17 6.17 0.00 5.17 5.17 0.00 61.20 61.20 0.00 89.40 89.40 0.00 1382796 212738 638214 P3Y 212738 106369 100000000 106369 106368 100000 25000 75000 985750 132750 0.50 P2Y 0.25 P3Y 0.25 P4Y 1118500 254250 200000000 1549125 22500 38500 138000 198000 0.50 P2Y 0.25 P3Y 0.25 P4Y 20000 10000 10000 4319500 123102 17625 30500 25000 1711000 4000 0.50 P2Y 0.25 P3Y 0.25 P4Y 4319500 123102 P2Y 50000 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre;width:439.91pt">Breakdown of the compensation expenses accounted for the period ended December 31, 2023, 2024 and 2025</span><div style="position:var(--position);top:177.91pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:321pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:119.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:41.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.02pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TYPE</span></div><div style="line-height:8pt;position:var(--position);top:32.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.02pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.32pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.62pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:27.22pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:41.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BCEs</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:41.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:41.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BSAs</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(211)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:53.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:53.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(289)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AGAs</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.55pt"></span></span><span style="left:41.18pt;position:var(--position)">(8,067)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.55pt"></span></span><span style="left:37.18pt;position:var(--position)">(19,900)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:65.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:65.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(35,108)</span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:77.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Social taxes related to AGAs</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(426)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.55pt"></span></span><span style="left:47.18pt;position:var(--position)">(717)</span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="height:12.75pt;left:252.75pt;overflow:hidden;position:var(--position);top:77.25pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:77.25pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(48,990)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:119.25pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:38.55pt"></span></span><span style="left:41.18pt;position:var(--position)">(8,605)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:187.5pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.55pt"></span></span><span style="left:37.18pt;position:var(--position)">(20,941)</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:252.75pt;overflow:hidden;position:var(--position);top:90pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:255.75pt;position:var(--position);top:90pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.3pt;position:var(--position);text-decoration:none;white-space:pre">(84,387)</span></div></div></div></td></tr></tbody></table></div></div></div> -112000 -112000 0 0 -211000 -289000 -8067000 -19900000 -35108000 -426000 -717000 -48990000 -8605000 -20941000 -84387000 16467000 28718000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities break down as follows:</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:101.66pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div><div style="position:var(--position);top:110.46pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:422.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:191.25pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:44.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES </span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret bond loans </span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">26,373<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">160<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,431<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">554<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,402<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,252<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,563<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,056<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">554<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret convertible notes (OCABSA)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,643<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">23,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Convertible loan notes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,643<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">23,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret minimal return indemnifications </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,262<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">12,229<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">13,023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">15,491<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">13,023<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total non-current financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">39,697<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">69,069<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,790<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:6.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:193.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret bond loans </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">20,028<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">379<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">932<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:217.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,276<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,235<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:229.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,655<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">22,195<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:241.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,605<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,574<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:253.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Convertible loan notes</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,605<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,574<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:265.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:277.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,509<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:289.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret BSA</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:301.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:313.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">37,348<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">44,935<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:325.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">77,045<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">114,004<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.1. Structured debt financing with </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:209.22pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret subscribed in August 2023 – “Kreos / Claret Financing”</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 20, 2023, the Group entered into a structured debt financing agreement with Kreos and Claret (the Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:541.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financing), for up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.22pt;position:var(--position);text-decoration:none;white-space:pre">€75,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.31pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:563.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 22, 2023, the Group repaid in full the pre-existing debt agreements with Kreos for a total amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.81pt;position:var(--position);text-decoration:none;white-space:pre">€7,661 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.9pt;position:var(--position);text-decoration:none;white-space:pre">. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:574.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accounting treatment of this transaction is explained in Note 15.3.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:597.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret Financing consists of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.99pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.95pt;position:var(--position);text-decoration:none;white-space:pre"> tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.06pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.15pt;position:var(--position);text-decoration:none;white-space:pre"> each in aggregate principal amount:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:619.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The first tranche (“tranche A”) in aggregate principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.53pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.62pt;position:var(--position);text-decoration:none;white-space:pre"> takes the form of senior secured </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:630.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible bonds with warrants attached (the “Kreos / Claret OCABSA”) and was drawn on August 22, 2023. The Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:642pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Claret OCABSA are convertible into ordinary shares at any time from their issuance at the request of their holders at a fixed </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:653.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.64pt;position:var(--position);text-decoration:none;white-space:pre">€21.2209</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.14pt;position:var(--position);text-decoration:none;white-space:pre">, subject to standard adjustments, including anti-dilution and dividend protections. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:675.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Interest on the Kreos / Claret OCABSA accrues at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.28999999999996pt;position:var(--position);text-decoration:none;white-space:pre">9.00%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.12pt;position:var(--position);text-decoration:none;white-space:pre"> annual fixed interest rate, payable in quarterly installments. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret OCBSA’s maturity date is March 31, 2027, it being specified that the scheduled date of final repayment is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:698pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2027.</span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The Group is allowed to prepay the amounts due under the Kreos / Claret OCABSA at any time. In such case, the Group will </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">be required to pay a sum equal to (i) the principal outstanding at the time of the prepayment (plus accrued interests), plus (ii) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">an aggregate of all remaining interest payments that would have been paid throughout the remainder of the term of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">tranche, discounted to present value by applying a discount rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.48pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.81pt;position:var(--position);text-decoration:none;white-space:pre">, plus (iii) an end-of-loan exit fee equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.05pt;position:var(--position);text-decoration:none;white-space:pre">8.0%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.88pt;position:var(--position);text-decoration:none;white-space:pre"> of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">amounts drawn thereunder. In case of prepayment, the holders of the Kreos / Claret OCABSA will have the option to request </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">a conversion of their Kreos / Claret OCABSA instead of a cash repayment, in which case, the end-of-loan exit fee is not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">payable by the Group.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The warrants included in the Kreos / Claret OCABSA will only become exercisable in case of prepayment in cash of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret convertible bonds by the Group. Upon exercise of the warrants, their holders will be able to subscribe to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:183.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">same number of ordinary shares (and at the same price conditions) as they would have been able to subscribe had they </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">converted the Kreos / Claret OCABSA which have been prepaid in cash. Any warrants not exercised on or prior to January 1, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:206.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">2027 will become automatically null and void. For the avoidance of doubt, if the Group does not prepay any Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:217.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">OCABSA in cash prior to their scheduled repayment dates, none of the warrants will be exercisable.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The second tranche (“tranche B”) in aggregate principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.63pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.72pt;position:var(--position);text-decoration:none;white-space:pre"> takes the form of senior secured non-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:251.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible bonds and was drawn on March 28, 2024. The drawdown of the second tranche was subject to a maximum </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.79pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:567.12pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:263.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Debt-To-Market Capitalization Ratio at the time of drawdown. The “Debt-To-Market Capitalization Ratio” is calculated on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:274.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">any relevant date, by dividing (i) the indebtedness of the Group (including amounts due under the Kreos / Claret Financing </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:285.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">but excluding amounts due under the Heights Financing), by (ii) the market capitalization of the Group calculated by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">multiplying the number of outstanding ordinary shares by the closing price of the ordinary shares on such relevant date. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:319.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The third tranche (“tranche C”) in aggregate principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.75pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.84pt;position:var(--position);text-decoration:none;white-space:pre"> takes the form of senior secured non-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:330.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible bonds and was drawn on June 21, 2024. The drawdown of the third tranche was subject to a maximum </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.15pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.48pt;position:var(--position);text-decoration:none;white-space:pre"> Debt-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:341.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">To-Market Capitalization Ratio at the time of drawdown (excluding the Heights Financing) and was conditional on the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">raising a minimum of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.8pt;position:var(--position);text-decoration:none;white-space:pre">$125,000 thousand</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.89pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> in gross proceeds through a listing on Nasdaq before June 30, 2024. This condition </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:363.86pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">was met on October 24, 2023 (see Note 3.3 - </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:253.52pt;position:var(--position);text-decoration:none;white-space:pre">Conversion of the Heights convertible notes, Kreos OCABSA and Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:375.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">BSA and prepayment of the Kreos / Claret Tranches B and C bond loans –</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:370.12pt;position:var(--position);text-decoration:none;white-space:pre"> July-December 2025</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.13pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">).</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:397.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">A variable interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.56pt;position:var(--position);text-decoration:none;white-space:pre">7.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.39pt;position:var(--position);text-decoration:none;white-space:pre"> + European Central Bank Base Rate (MRO) (with a floor at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.07pt;position:var(--position);text-decoration:none;white-space:pre">2.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.9pt;position:var(--position);text-decoration:none;white-space:pre"> and a cap at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.65pt;position:var(--position);text-decoration:none;white-space:pre">) applies to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the second and third tranche. These </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.99pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.98pt;position:var(--position);text-decoration:none;white-space:pre"> tranches will be repaid monthly through March 31, 2027, after a deferred repayment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:419.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">of the principal until February 1, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The Group is allowed to prepay the amounts due under the second and third tranches of the Kreos / Claret Financing at any </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:453.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">time. In such case, The Group will be required to pay a sum equal to (i) the principal outstanding at the time of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:464.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">prepayment (plus accrued interests), plus (ii) an aggregate of all remaining interest payments that would have been paid </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:475.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">throughout the remainder of the term of the applicable tranche, discounted to present value by applying a discount rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.9300000000001pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:572.26pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:487.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">plus (iii) an end-of-loan exit fee equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.24pt;position:var(--position);text-decoration:none;white-space:pre">6.0%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.07pt;position:var(--position);text-decoration:none;white-space:pre"> of the amounts drawn under the applicable tranche.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:509.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret Financing also provides for a Minimal Return Indemnification ("MRI") to the benefit of the bondholders. The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Minimum Cash Return amount is defined as follows:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:531.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(i) with respect to tranche A and tranche B, 1.4 times the amount of the cumulated principal drawn under the relevant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:543.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.77pt;position:var(--position);text-decoration:none;white-space:pre">nstrument, and; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:554.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(ii) with respect to tranche C, 1.3 times the amount of the cumulated principal drawn under the relevant instrument.  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the event the amount of the cash generated by the tranche A (the Kreos / Claret OCABSA), tranche B or tranche C bond loans, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">including principal and interest payments, transaction fees, and the end-of-loan exit fees, (the “Actual Return” calculated as at the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:601.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">earlier of (i) March 31, 2027, or (ii) the date of any prepayment or acceleration of the tranche B and C bond loans or more generally </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">such earlier date as the same shall become repayable ("the Redemption Date")), is lower than the Minimum Cash Return, the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">shall indemnify the bondholders for the difference between the Minimum Cash Return and the Actual Return (the “Minimal Return </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Indemnification"). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">If at the time of the Minimum Return Indemnification payment, the warrants related to both the OCABSA Bonds and the Tranche B </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amortized bonds (the “Kreos / Claret A-B warrants”) or the Kreos / Claret Tranche C warrants are still outstanding, the exercise price </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:668.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for such warrants shall be adjusted up by the amount of the Minimum Return Indemnification divided by the number of warrants </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:680.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">outstanding. For any Kreos / Claret A-B or C warrants that were exercised prior to the last Redemption Date, any capital gains made </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from the exercise of such warrants will be added to the Minimum Cash Return amount.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Unless the repayment of the Tranche A and B bond loans results from a change of control (in which case the calculation of the Actual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Return shall only include (i) interest accrued prior to conversion of any Tranche A OCABSA, (ii) transaction and end-of-loan exit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fees, and (iii) the net capital gain derived from the sale of shares underlying the Tranche A OCABSA within the framework of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">change of control transaction), neither the principal subscribed under Tranche A nor the Actual Return generated by Tranche A shall </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">be included in the calculation of the Minimum Return Indemnification (i.e. the Minimum Cash Return and the Actual Return shall </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">only be calculated, and the Minimum Return Indemnification shall only apply to Tranche B and Tranche C).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret Financing provides for certain restrictive covenants (subject to customary exceptions) which include, among other </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">things, restrictions on the incurrence of indebtedness, cross-default, the distribution of dividends and the grant of security interests. As </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">security for the Kreos / Claret Financing, the lenders benefit from the grant of first-ranking collateral on The Group’s principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tangible and intangible assets, including pledges over The Group’s business (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:344.86pt;position:var(--position);text-decoration:none;white-space:pre">fonds de commerce</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422pt;position:var(--position);text-decoration:none;white-space:pre">) as a going concern and intellectual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">property rights in The Group's lead drug candidate, as well as pledges over The Group’s bank accounts and receivables. Such </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:193.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">securities apply to all tranches of the Kreos / Claret Financing.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In addition to the Kreos / Claret OCABSA, the Group has issued warrants (the “tranche A-B BSA”) for a global subscription price of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€1.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">, giving Kreos and Claret the right to subscribe to up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.35pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.85pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares at an exercise price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.46pt;position:var(--position);text-decoration:none;white-space:pre">€18.6744</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.96pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:239.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(corresponding to a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.21pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> premium over the 15-day VWAP prior to the date on which their issuance was decided). On November 2, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:250.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023, a second tranche of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.9pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.4pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos / Claret warrants (the “tranche C BSA”) was issued. The exercise price of the additional </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">warrants is equal to approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.66pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.16pt;position:var(--position);text-decoration:none;white-space:pre"> (corresponding to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.94pt;position:var(--position);text-decoration:none;white-space:pre">110%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.27pt;position:var(--position);text-decoration:none;white-space:pre"> of the 15-day VWAP prior to the date on which their issuance was </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:273.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">decided). The number of warrants issued corresponds to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.73pt;position:var(--position);text-decoration:none;white-space:pre">€4,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.73pt;position:var(--position);text-decoration:none;white-space:pre"> divided by the aforementioned exercise price (i.e. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.79pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.29pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:285.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">warrants). Of these additional warrants, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.64pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.97pt;position:var(--position);text-decoration:none;white-space:pre"> are exercisable immediately and the remaining </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.61pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.94pt;position:var(--position);text-decoration:none;white-space:pre"> (“the conditional warrants”) shall </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">only be exercisable if the third tranche of the Kreos / Claret Financing is drawn by the Group.  The Kreos / Claret warrants can be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exercised over a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.26pt;position:var(--position);text-decoration:none;white-space:pre">7 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.84pt;position:var(--position);text-decoration:none;white-space:pre"> from their issuance date or up until the date of the successful closing of a tender offer for the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:319.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">ordinary shares, whichever is earlier. At the time of exercise of the Kreos / Claret warrants, the holders of the warrants are eligible to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">sell part of their warrants to the Group in accordance with a put option agreement to allow for a cashless exercise. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:353.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Settlement of the liabilities</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:377.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 8, 2025, Kreos Capital VII (UK) Limited converted the Tranche A portion of the Kreos / Claret Financing (the Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:389.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Claret OCABSA), resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.36pt;position:var(--position);text-decoration:none;white-space:pre">785,389</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.86pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares and an increase in equity by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.5pt;position:var(--position);text-decoration:none;white-space:pre">€16,058 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.59pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:413.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 30, 2025, Kreos Capital VII Aggregator SCSp opted for the cashless exercise of its share warrants (the tranche A-B BSA and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:425.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranche C BSA), implemented through the repurchase by the Group of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.61pt;position:var(--position);text-decoration:none;white-space:pre">94,117</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.11pt;position:var(--position);text-decoration:none;white-space:pre"> tranche A-B and C BSA and the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:528.04pt;position:var(--position);text-decoration:none;white-space:pre">319,251</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:560.54pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:437.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">ordinary shares of the Group and an increase in equity by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.72pt;position:var(--position);text-decoration:none;white-space:pre">€19,570 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.81pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:461.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 28, 2025, Claret European Growth Capital Fund III SCSp, exercised its share warrants (the tranche A-B BSA and tranche </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:473.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">C BSA), resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.53pt;position:var(--position);text-decoration:none;white-space:pre">206,662</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.03pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.36pt;position:var(--position);text-decoration:none;white-space:pre">of the Group and an increase in equity by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.25pt;position:var(--position);text-decoration:none;white-space:pre">€14,198 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:497.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In August 2025, as a result of (i) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.41pt;position:var(--position);text-decoration:none;white-space:pre">the repayments of principal and interests </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.2pt;position:var(--position);text-decoration:none;white-space:pre">made until that date under the Kreos / Claret Financing, (ii) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:509.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the exercise of the Tranche A-B and C BSA and (iii) the conversion of the Kreos OCABSA, the cash generated thereby met the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:521.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Minimum Cash Return due to the Kreos / Claret bondholders. Consequently, as no further payment could be due by the Group in </span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">relation to the Kreos / Claret Minimal Return Indemnification, the MRI derivatives were derecognized, resulting in a financial income </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.83pt;position:var(--position);text-decoration:none;white-space:pre">€3,620 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.92pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.87pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 25, 2025, Claret European Growth Capital Fund III SCSp converted its portion of the Tranche A portion of the Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:117.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Claret Financing (the Claret OCABSA), resulting in the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.74pt;position:var(--position);text-decoration:none;white-space:pre">392,695</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.24pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares and an increase in equity by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.88pt;position:var(--position);text-decoration:none;white-space:pre">€8,296 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:128.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.09pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On November 28, 2025, the Group notified the bondholders of its intention to prepay in full the outstanding balances of Tranches B </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:164.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and C of the Kreos / Claret Financing. The transaction was completed on December 23, 2025. The total amount paid by the Group</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.83pt;position:var(--position);text-decoration:none;white-space:pre"> at</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:566.53pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that date amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.77pt;position:var(--position);text-decoration:none;white-space:pre">€33,823 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.86pt;position:var(--position);text-decoration:none;white-space:pre">, consisting of:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the outstanding principal of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.66pt;position:var(--position);text-decoration:none;white-space:pre">€29,903 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:255.75pt;position:var(--position);text-decoration:none;white-space:pre">, from which the deposit amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.96pt;position:var(--position);text-decoration:none;white-space:pre">€1,081 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.05pt;position:var(--position);text-decoration:none;white-space:pre"> initially paid by the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:200.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">to Kreos and Claret was deducted,</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:212.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">future interests discounted at a discount rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.21000000000004pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.53999999999996pt;position:var(--position);text-decoration:none;white-space:pre"> as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.36pt;position:var(--position);text-decoration:none;white-space:pre"> per the terms of the prepayment option, amounting</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.98pt;position:var(--position);text-decoration:none;white-space:pre"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.75pt;position:var(--position);text-decoration:none;white-space:pre">€2,001 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:569.8399999999999pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:224.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:236.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">end-of-loan exit fees of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168pt;position:var(--position);text-decoration:none;white-space:pre">€3,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.09pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:260.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following the aforementioned transactions, the Group no longer holds any debt related to the Kreos Claret Financing.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:283.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:305.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.53pt;position:var(--position);text-decoration:none;white-space:pre">OCABSA</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret OCABSA are issued at market conditions: the net issuance proceeds reflect the fair value of the instruments at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:339.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">inception. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:361.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The OCABSA are compound instruments, split between (i) a debt component (then measured at amortized cost) and (ii) an equity </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:372.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">component corresponding to the conversion option and the attached OCABSA warrants. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:395.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">As the adjustment provisions of the OCABSA conversion ratio are aimed at preserving the rights of the bondholders and are anti-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">dilutive in nature rather than a down-round protection, the Group determined that the conversion option of the OCABSA is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:417.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">considered to result in the delivery of a fixed number of shares, and is therefore an equity instrument (the equity component of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:428.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">bonds).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:451.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The OCABSA warrants were attached to each bond issued in the Tranche A closing and are not transferrable until after a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:462.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">prepayment. The OCABSA warrants become exercisable (i) upon the Group electing to prepay the bonds and (ii) in the event of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:473.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">the absence of the conversion notice from the bondholders for the full amount of the prepayment. As such, the warrants are not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:484.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">freely transferable until the prepayment is made. Thus, the OCABSA warrants are considered as an embedded component of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:496.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">bonds rather than a separate stand-alone financial instrument. In all scenarios under which the exercisability conditions are </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:507.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">satisfied, and whereby the bondholder’s option to elect to convert the bonds was considered, the number of total ordinary shares </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:518.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">issuable upon warrant exercise as a result of prepayment and/or conversion option exercise remains fixed. Thus, the warrants </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:529.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">represent an equity-classified component of the bonds.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:552.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The issuer prepayment option was deemed closely related to the host debt instrument and therefore does not meet the definition of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:563.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">a derivative instrument to be bifurcated.  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:586.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">On their conversion dates, the carrying values of the debt components of the Kreos and Claret OCABSA, amounting to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:598.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.75pt;position:var(--position);text-decoration:none;white-space:pre">€16,058 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.84pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.27pt;position:var(--position);text-decoration:none;white-space:pre">€8,296 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.36pt;position:var(--position);text-decoration:none;white-space:pre">, were reclassified to equity.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret B and C tranches</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:643.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The initial right granted to the Group to issue the amortized bonds under tranches B and C, upon meeting certain conditions, did </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">not meet the definition of a liability and was considered an off-balance sheet loan commitment received from the issuer as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:665.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The interest rate collars related to tranches B and C were determined to be closely related to the host debt instruments and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:699.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">therefore do not meet the definition of a derivative instrument to be bifurcated.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:84.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The prepayment options related to tranches B and C were not determined to be closely related to the host debt instruments and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:95.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">therefore meet the definition of derivative instruments to be bifurcated. The Group determined that their fair value is insignificant </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">at issuance and as of December 31, 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:131.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The Minimum Return Indemnifications are embedded derivative instruments, which are not deemed closely related to the host </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">debt instruments and therefore meet the definition of derivative instruments to be bifurcated. They are classified as derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">financial liabilities and measured at fair value through profit or loss.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:179.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret second and third tranches are therefore hybrid instruments, split between (i) debt host contracts accounted for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">at amortized cost and (ii) bifurcated embedded derivatives accounted for at fair value through profit and loss, corresponding to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:201.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">Minimal Return Indemnifications and the prepayment options (the fair value of the prepayment options being deemed </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:212.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">insignificant at issuance and as of December 31, 2024).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:235.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">On December 23, 2025, the Group recognized a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.26pt;position:var(--position);text-decoration:none;white-space:pre">€3,838 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.35pt;position:var(--position);text-decoration:none;white-space:pre"> loss on the derecognition </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.53pt;position:var(--position);text-decoration:none;white-space:pre">of Tranches B and C bonds as a result </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:247.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">of their redemption,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.63pt;position:var(--position);text-decoration:none;white-space:pre"> corresponding to the difference between their carrying amount </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.6pt;position:var(--position);text-decoration:none;white-space:pre">on redemption date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.06pt;position:var(--position);text-decoration:none;white-space:pre">€29,985 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.15pt;position:var(--position);text-decoration:none;white-space:pre"> and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:259.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">the cash consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.1pt;position:var(--position);text-decoration:none;white-space:pre">€33,823 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.19pt;position:var(--position);text-decoration:none;white-space:pre">. The difference is </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.36pt;position:var(--position);text-decoration:none;white-space:pre">primarily due to (i) the payment of future interests as per the terms </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:271.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">of the prepayment option and (ii) unamortized end-of-loan exit fees and issuance fees, reducing the carrying value of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:283.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret BSA</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">As the A-B and C warrants (the Kreos / Claret BSA) are contractually transferable separately from the bonds and are redeemable </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">in a variable number of ordinary shares of the Group, they are classified as standalone derivative financial liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">As the A-B and C warrants (the Kreos / Claret BSA) represent compensation for the realized and future bond issuances of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:376.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">respectively tranches A-B and C and are an integral part of generating such bond issuances, the Group determined that they are in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:387.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">nature origination fees. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:412pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">As the A-B warrants are associated with both the OCABSA issued under tranche A and the amortized bonds issued under tranche </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:423.2pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">B, the Group allocated the initial fair value of the A-B warrants based on the pro-rata value of the proceeds to be received under </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:434.4pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">each tranche. At inception, the respective initial fair values of the A-B warrants allocated to tranche A and B were deferred and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:445.6pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">subsequently accounted for as an adjustment to the EIR of the related debt components upon their drawdown (on August 20, 2023 </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.8pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">and March 28, 2024 for tranches A and B respectively). </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.34000000000003pt;position:var(--position);text-decoration:none;white-space:pre">Subsequent changes in the fair value will be recognized through profit or </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:468pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">loss. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">On November 2, 2023 (issuance date of the Kreos / Claret tranche C BSA), a derivative financial liability was recognized for their </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:501.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">initial fair value with a counterparty in prepaid expenses. On that date, the Group, based on management’s latest projections, did </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:512.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">not consider the drawdown of the tranche C bonds to be probable. Therefore, the amount of prepaid expenses allocated to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">tranche C BSA </span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> has been amortized on a straight-line basis until the drawdown of the tranche C bonds.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">At the exercise dates of the BSA held by Kreos and Claret (respectively July 30, 2025 and August 28, 2025), the fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:558.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">exercised warran</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.95pt;position:var(--position);text-decoration:none;white-space:pre">ts at the exercise dates </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.74pt;position:var(--position);text-decoration:none;white-space:pre">of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.32pt;position:var(--position);text-decoration:none;white-space:pre">€15,143 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.41pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.84pt;position:var(--position);text-decoration:none;white-space:pre">€11,531 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.93pt;position:var(--position);text-decoration:none;white-space:pre"> was reclassified from derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:570.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">financial liabilities to equity. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:594.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of the debt and equity components of the OCABSA</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:617.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At inception, the fair value of the debt component of the OCABSA amounts to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.18pt;position:var(--position);text-decoration:none;white-space:pre">€23,995 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.27pt;position:var(--position);text-decoration:none;white-space:pre">, using a market rate assumption of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:628.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">12.6%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61.83pt;position:var(--position);text-decoration:none;white-space:pre">. The equity component amounts to the difference between the whole instrument’s fair value at inception (its nominal value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:640pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre">) and the standalone fair value of the debt component. Therefore, the equity component amounts to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.97pt;position:var(--position);text-decoration:none;white-space:pre">€1,005 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:571.06pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:651.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">It is not subsequently remeasured.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:673.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On the same date, using the same assumptions and an increase in market rate by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.39pt;position:var(--position);text-decoration:none;white-space:pre">100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.39pt;position:var(--position);text-decoration:none;white-space:pre"> bp would result in a decrease in the fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:684.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the debt component and an increase in the value of the equity compone</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.1pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">nt by </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.87pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€624 thousand</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.46pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of the Kreos / Claret second and third tranches hybrid instruments</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:95.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At inception, the net cash proceeds are the tranches' initial fair values. The fair values of the Minimal Return Indemnifications were </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">deducted from the initial carrying values of the debt components of each tranche, which were subsequently measured at amortized cost </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:119.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">using the EIR method.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:131.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the Minimum Return Indemnifications was measured using the following assumptions:</span></div><div style="position:var(--position);top:155.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:521.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Tranche B Minimum Return Indemnification (issued in March </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">2024)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.93pt;position:var(--position);text-decoration:none;white-space:pre">AS OF MARCH 28, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Final redemption scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:21pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:21pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Minimal return</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:33pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.40</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:33pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.40</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Discount rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:45pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">13<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:45pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:132.18pt;position:var(--position)"></span><span style="left:132.18pt;position:var(--position)">8<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted present value of shortfall payment (in </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:57pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,959</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">68</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:57pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">2,635</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.13pt;position:var(--position);text-decoration:none;white-space:pre">136</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted fair value of tranche A-B warrants with MRI </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:78.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,066</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:78.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">104</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Probability-weighted fair value of tranche A-B warrants without </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:99.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,410</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:99.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">241</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total fair value of MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:120.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.41pt;position:var(--position);text-decoration:none;white-space:pre">1,615</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">68</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:120.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.41pt;position:var(--position);text-decoration:none;white-space:pre">2,499</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:84.13pt;position:var(--position);text-decoration:none;white-space:pre">136</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Fair value of Tranche B MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:142.5pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:115.55pt"></span></span><span style="left:118.17999999999999pt;position:var(--position)">1,683<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:142.5pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:115.55pt"></span></span><span style="left:118.17999999999999pt;position:var(--position)">2,636<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:342.66pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:521.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:222.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:146.25pt"></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Tranche C Minimum Return Indemnification (issued in June </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">2024)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.03pt;position:var(--position);text-decoration:none;white-space:pre">AS OF JUNE 21, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Final redemption scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:21.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:21.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">95<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Minimal return</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:33.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.30</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:33.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:125.62pt;position:var(--position);text-decoration:none;white-space:pre">1.30</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:139.62pt;position:var(--position);white-space:pre">x</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Discount rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:45.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:128.18pt;position:var(--position)"></span><span style="left:128.18pt;position:var(--position)">15<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:45.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:132.18pt;position:var(--position)"></span><span style="left:132.18pt;position:var(--position)">8<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span><span style="left:138.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(a) Probability-weighted present value of shortfall payment (in </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:57.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">741</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:92.13pt;position:var(--position);text-decoration:none;white-space:pre">0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:57.75pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">1,160</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">43</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(b) Probability-weighted fair value of tranche C warrants with MRI </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:79.5pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">2,948</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:79.5pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">684</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">(c) Probability-weighted fair value of tranche C warrants without </span></div><div style="line-height:8pt;position:var(--position);top:12.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:101.25pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:63.45pt;position:var(--position);text-decoration:none;white-space:pre">3,250</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:101.25pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.45pt;position:var(--position);text-decoration:none;white-space:pre">903</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:81.45pt;position:var(--position);white-space:pre"> (Final redemption)</span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total fair value of MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:123pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.41pt;position:var(--position);text-decoration:none;white-space:pre">475</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:92.13pt;position:var(--position);text-decoration:none;white-space:pre">0</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td><td style="background-color:#ccecff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:123pt;width:146.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.63pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:35.41pt;position:var(--position);text-decoration:none;white-space:pre">941</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:47.41pt;position:var(--position);white-space:pre"> (Final redemption, i.e. a+b-c)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.31pt;width:146.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:88.13pt;position:var(--position);text-decoration:none;white-space:pre">43</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.13pt;position:var(--position);white-space:pre"> (Tender offer)</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:222.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:222.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Fair value of Tranche C MRI (in thousands of €)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:144.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:121.55pt"></span></span><span style="left:124.17999999999999pt;position:var(--position)">475<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375pt;position:var(--position);top:144.75pt;width:146.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:146.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:121.55pt"></span></span><span style="left:124.17999999999999pt;position:var(--position)">984<span style="display:inline-block;height:5.41pt;width:9.32pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:518.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the purpose of measuring the fair value of the MRI (shortfall payment), the fair value of the tranche A-B and C BSA was </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:530.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">measured with a Black Scholes model under the Final redemption scenario and with a Monte Carlo model under the Tender offer </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:542.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scenario. As of March 28, 2024, the following assumptions were used: a share price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.57pt;position:var(--position);text-decoration:none;white-space:pre">€13.40</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.07pt;position:var(--position);text-decoration:none;white-space:pre">, a volatility of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.38pt;position:var(--position);text-decoration:none;white-space:pre">60.3%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.21pt;position:var(--position);text-decoration:none;white-space:pre"> (Black Scholes) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:554.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.83pt;position:var(--position);text-decoration:none;white-space:pre">61.9%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.66pt;position:var(--position);text-decoration:none;white-space:pre"> (Monte Carlo), and a risk-free rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.09pt;position:var(--position);text-decoration:none;white-space:pre">2.6%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.92pt;position:var(--position);text-decoration:none;white-space:pre"> (Black Scholes) or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.28pt;position:var(--position);text-decoration:none;white-space:pre">2.8%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.11pt;position:var(--position);text-decoration:none;white-space:pre"> (Monte Carlo).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:566.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of June 21, 2024, the following assumptions were used: a share price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.53pt;position:var(--position);text-decoration:none;white-space:pre">€12.94</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.03pt;position:var(--position);text-decoration:none;white-space:pre">, a volatility of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.34pt;position:var(--position);text-decoration:none;white-space:pre">60.1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.17pt;position:var(--position);text-decoration:none;white-space:pre"> (Black Scholes) or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.53pt;position:var(--position);text-decoration:none;white-space:pre">59.9%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:578.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(Monte Carlo), and a risk-free rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.93pt;position:var(--position);text-decoration:none;white-space:pre">3.0%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.76pt;position:var(--position);text-decoration:none;white-space:pre"> (Black Scholes) or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.12pt;position:var(--position);text-decoration:none;white-space:pre">3.1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.95pt;position:var(--position);text-decoration:none;white-space:pre"> (Monte Carlo).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The assumptions used for the valuations as of December 31, 2024 are set forth below:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:616.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of March 28, 2024, using the same assumption with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.15pt;position:var(--position);text-decoration:none;white-space:pre">+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.78pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.11pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.29pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.29pt;position:var(--position);text-decoration:none;white-space:pre"> share price, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.96pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.29pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.72pt;position:var(--position);text-decoration:none;white-space:pre">5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.05pt;position:var(--position);text-decoration:none;white-space:pre"> in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:628.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">probability of achieving the Final redemption scenario and +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.57pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.9pt;position:var(--position);text-decoration:none;white-space:pre"> discount rate would result in changes of the MRI B value by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:640.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">respectively €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.38pt;position:var(--position);text-decoration:none;white-space:pre">4 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.97pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.97pt;position:var(--position);text-decoration:none;white-space:pre">€-30 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.89pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.89pt;position:var(--position);text-decoration:none;white-space:pre">€-3 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.81pt;position:var(--position);text-decoration:none;white-space:pre">, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:270.44pt;position:var(--position);text-decoration:none;white-space:pre">35 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.03pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.46pt;position:var(--position);text-decoration:none;white-space:pre">€-53 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.38pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:665.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of June 21, 2024, using the same assumption with an increase of +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.02pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.35pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.53pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.53pt;position:var(--position);text-decoration:none;white-space:pre"> share price, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.2pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.53pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.96pt;position:var(--position);text-decoration:none;white-space:pre">5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.29pt;position:var(--position);text-decoration:none;white-space:pre"> i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.56pt;position:var(--position);text-decoration:none;white-space:pre">n the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:677.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">probability of achieving the Final redemption scenario and +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.57pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.9pt;position:var(--position);text-decoration:none;white-space:pre">discount rate would result in changes of the MRI C fair value by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:689.81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">respectively €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.38pt;position:var(--position);text-decoration:none;white-space:pre">4 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.97pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.97pt;position:var(--position);text-decoration:none;white-space:pre">€-16 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.89pt;position:var(--position);text-decoration:none;white-space:pre">, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.52pt;position:var(--position);text-decoration:none;white-space:pre">8 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.11pt;position:var(--position);text-decoration:none;white-space:pre">, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.74pt;position:var(--position);text-decoration:none;white-space:pre">46 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:326.33pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.76pt;position:var(--position);text-decoration:none;white-space:pre">€-13 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.68pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024, using the same assumption with an increase of +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:337.74pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.07pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.25pt;position:var(--position);text-decoration:none;white-space:pre">1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.25pt;position:var(--position);text-decoration:none;white-space:pre"> share price, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.92pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.25pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate, +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.6800000000001pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:563.01pt;position:var(--position);text-decoration:none;white-space:pre"> in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the probability of achieving the Final redemption scenario and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.14pt;position:var(--position);text-decoration:none;white-space:pre"> +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.27pt;position:var(--position);text-decoration:none;white-space:pre">1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.6pt;position:var(--position);text-decoration:none;white-space:pre"> discount rate would result in changes of the MRI B and C fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.38pt;position:var(--position);text-decoration:none;white-space:pre">€-1 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.3pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.3pt;position:var(--position);text-decoration:none;white-space:pre">€-3 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.22pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.22pt;position:var(--position);text-decoration:none;white-space:pre">€-3 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.14pt;position:var(--position);text-decoration:none;white-space:pre">, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.77pt;position:var(--position);text-decoration:none;white-space:pre">3 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:348.36pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.79pt;position:var(--position);text-decoration:none;white-space:pre">€-82 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.71pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of the Kreos / Claret tranche A-B-C BSA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:140.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret tranche A-B and tranche C BSA are measured at fair value using a Black-Scholes valuation model. The model </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">considers </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.24000000000001pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.22999999999999pt;position:var(--position);text-decoration:none;white-space:pre"> probability-weighted scenarios, i.e. (i) the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.52pt;position:var(--position);text-decoration:none;white-space:pre">7 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.1pt;position:var(--position);text-decoration:none;white-space:pre"> expiry of the BSA and (ii) an earlier exercise upon a tender offer. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.17pt;position:var(--position);text-decoration:none;white-space:pre">The </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">main data and assumptions are the following:</span></div><div style="position:var(--position);top:211.46pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:137.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td></tr><tr style="height:24pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret Tranche A-B BSA - </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">August 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.32pt;position:var(--position);text-decoration:none;white-space:pre">AS OF AUGUST 22, 2023 </span></div><div style="line-height:8pt;position:var(--position);top:14pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.65pt;position:var(--position);text-decoration:none;white-space:pre">(Tranche A-B)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">214,198</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€18.67</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:100.62pt;position:var(--position);text-decoration:none;white-space:pre">€17.10</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.76</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise date</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.44pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:19.99pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry) 18/02/2027 </span></div><div style="line-height:8pt;position:var(--position);top:12.44pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:79.79pt;position:var(--position);text-decoration:none;white-space:pre">(tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">19/08/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">7-year expiry scenario probability</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">50</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:92.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">71.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry) </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">65.2%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">59.5%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dividend</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:129pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">3.00</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">2.30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="height:17.25pt;left:396.75pt;overflow:hidden;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:0.52pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.21pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:10.6pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:61.13pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of issued Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tranche A-B BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:97.21pt"></span></span><span style="left:99.83999999999999pt;position:var(--position)">2,092<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:103.21pt"></span></span><span style="left:105.83999999999999pt;position:var(--position)">920<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:162pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:103.21pt"></span></span><span style="left:105.83999999999999pt;position:var(--position)">243<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:421.86pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:137.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td></tr><tr style="height:24pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.2pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret Tranche C BSA - </span></div><div style="line-height:8pt;position:var(--position);top:13.8pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">November 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.43pt;position:var(--position);text-decoration:none;white-space:pre">AS OF NOVEMBER 2, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:9pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:24pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">405,832</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of which, number of conditional BSA</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">202,915</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:96.62pt;position:var(--position);text-decoration:none;white-space:pre">202,916</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:39.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.8pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:118.62pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise price per share</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:55.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.99pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.86</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€8.89</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:71.25pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.67</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Exercise date</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);white-space:pre">01/11/2030 (expiry) </span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">01/11/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:87pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:58.43pt;position:var(--position);text-decoration:none;white-space:pre">01/11/2030 (expiry)</span></div><div style="line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:41.35pt;position:var(--position);text-decoration:none;white-space:pre">18/02/2027 (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">7-year expiry scenario probability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:108pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">95</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Probability of Drawdown of Tranche C </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">credit facility</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:123.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.09pt;position:var(--position);text-decoration:none;white-space:pre">Drawn on June 21, 2024</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:144.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">67.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">67.4%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">64.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:144.75pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:2.4pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:74.21pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:12.48pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:57.13pt;position:var(--position);text-decoration:none;white-space:pre">44.3%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165.75pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Dividend</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:165.75pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.81pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:109.84pt;position:var(--position)"></span><span style="left:109.84pt;position:var(--position)">—</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:24pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:181.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:137.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">3.00</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:8.93pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">2.30</span><span style="left:117.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:181.5pt;width:125.25pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.89pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.21pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.86999999999999pt;position:var(--position);white-space:pre"> (expiry)</span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:13.97pt;width:125.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:61.13pt;position:var(--position);text-decoration:none;white-space:pre">2.9%</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.79pt;position:var(--position);white-space:pre"> (tender offer)</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:137.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:137.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of issued Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:137.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tranche C BSA</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:140.25pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:94.96pt"></span></span><span style="left:97.58999999999999pt;position:var(--position)">1,493<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:268.5pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:94.96pt"></span></span><span style="left:97.58999999999999pt;position:var(--position)">1,659<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:396.75pt;position:var(--position);top:205.5pt;width:125.25pt"><div><div style="line-height:9pt;position:var(--position);top:7.05pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.09pt;width:101.71pt"></span></span><span style="left:104.33999999999999pt;position:var(--position)">923<span style="display:inline-block;height:6.09pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:664.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of August 20, 2023 (date of issuance of the tranche A-B BSA), using the same assumption with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.98pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.94pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.49pt;position:var(--position);text-decoration:none;white-space:pre">€</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:676.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.63pt;position:var(--position);text-decoration:none;white-space:pre">share price, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.17pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.13pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.26pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.22pt;position:var(--position);text-decoration:none;white-space:pre"> in the probability of achieving the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.39pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.89pt;position:var(--position);text-decoration:none;white-space:pre">7 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.47pt;position:var(--position);text-decoration:none;white-space:pre"> expiry scenario would result in an increase of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranche A-B BSA fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.28pt;position:var(--position);text-decoration:none;white-space:pre">€48 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.87pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.87pt;position:var(--position);text-decoration:none;white-space:pre">€197 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.46pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.46pt;position:var(--position);text-decoration:none;white-space:pre">€64 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.05pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.48pt;position:var(--position);text-decoration:none;white-space:pre">€64 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.07pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of November 2, 2023 (date of issuance of the tranche C BSA), using the same assumption with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.73pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.69pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.24pt;position:var(--position);text-decoration:none;white-space:pre">€</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.63pt;position:var(--position);text-decoration:none;white-space:pre">share price, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.17pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.13pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.26pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.22pt;position:var(--position);text-decoration:none;white-space:pre"> in the probability of achieving the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.89pt;position:var(--position);text-decoration:none;white-space:pre">7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.89pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.41pt;position:var(--position);text-decoration:none;white-space:pre"> expiry scenario would result in an increase of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranche A-B BSA fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.28pt;position:var(--position);text-decoration:none;white-space:pre">€28 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.87pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.87pt;position:var(--position);text-decoration:none;white-space:pre">€232 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.46pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.46pt;position:var(--position);text-decoration:none;white-space:pre">€42 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.05pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.48pt;position:var(--position);text-decoration:none;white-space:pre">€36 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.07pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:118.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, using the same assumption with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.11pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.07pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.62pt;position:var(--position);text-decoration:none;white-space:pre">€+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.25pt;position:var(--position);text-decoration:none;white-space:pre">share price, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.79pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.75pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.98pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:569.94pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in the probability of achieving the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.17pt;position:var(--position);text-decoration:none;white-space:pre">7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.17pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.69pt;position:var(--position);text-decoration:none;white-space:pre"> expiry scenario would result in an increase of Kreos / Claret A-B and C BSA fair value by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.75pt;position:var(--position);text-decoration:none;white-space:pre">€96 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.34pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.34pt;position:var(--position);text-decoration:none;white-space:pre">€401 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.93pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.93pt;position:var(--position);text-decoration:none;white-space:pre">€95 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.52pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.95pt;position:var(--position);text-decoration:none;white-space:pre">€76 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.54pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024, using the same assumption with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.11pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.07pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.62pt;position:var(--position);text-decoration:none;white-space:pre">€+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.25pt;position:var(--position);text-decoration:none;white-space:pre"> share price, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.29pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.25pt;position:var(--position);text-decoration:none;white-space:pre"> risk-free rate and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.63pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.96pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:62.46pt;position:var(--position);text-decoration:none;white-space:pre">in the probability of achieving the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.63pt;position:var(--position);text-decoration:none;white-space:pre">7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.63pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.15pt;position:var(--position);text-decoration:none;white-space:pre"> expiry scenario would result in an increase of Kreos / Claret A-B and C BSA fair </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.38pt;position:var(--position);text-decoration:none;white-space:pre">€37 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.97pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.97pt;position:var(--position);text-decoration:none;white-space:pre">€350 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.56pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.56pt;position:var(--position);text-decoration:none;white-space:pre">€61 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.15pt;position:var(--position);text-decoration:none;white-space:pre"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.08pt;position:var(--position);text-decoration:none;white-space:pre">€75 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.67pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of the exercise dates of the Kreos / Claret BSA (July 30, 2025 and August 28, 2025), due to the put options (allowing for a cashless </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exercise) being exercised by the holders, the fair value of the BSAs is deemed equal to their intrinsic value, which is equal to the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:250.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">difference between the listed share price on the exercise dates and their exercise price.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.2.  Heights convertible notes  </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:314.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 20, 2023, the Group entered into a convertible notes subscription agreement with Heights, which provided for up to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:325.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€75,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre"> in financing, consisting of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.44pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.43pt;position:var(--position);text-decoration:none;white-space:pre"> tranches: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:348.16pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The first tranche (“tranche A”) of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.47pt;position:var(--position);text-decoration:none;white-space:pre">€35,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.56pt;position:var(--position);text-decoration:none;white-space:pre"> in aggregate principal amount was drawn on August 24, 2023 and is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:361.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">composed of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.85pt;position:var(--position);text-decoration:none;white-space:pre">350</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.85pt;position:var(--position);text-decoration:none;white-space:pre"> amortizing senior convertible notes with a nominal value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.45pt;position:var(--position);text-decoration:none;white-space:pre">€100,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.95pt;position:var(--position);text-decoration:none;white-space:pre"> each and a fixed conversion price of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:375.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€23.7674</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.5pt;position:var(--position);text-decoration:none;white-space:pre"> (corresponding to a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre">40%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.54pt;position:var(--position);text-decoration:none;white-space:pre"> premium over the 15-day VWAP prior to the date on which their issuance is decided, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:388.48pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">subject to standard adjustments, including anti-dilution and dividend protections).</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:413.12pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">The second tranche (“tranche B”) of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.57pt;position:var(--position);text-decoration:none;white-space:pre">€40,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> in aggregate principal amount is composed of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.23pt;position:var(--position);text-decoration:none;white-space:pre">400</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.23pt;position:var(--position);text-decoration:none;white-space:pre"> amortizing senior </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">convertible notes with a nominal value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.41pt;position:var(--position);text-decoration:none;white-space:pre">€100,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> each, and a conversion price (if any) that is be equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.52pt;position:var(--position);text-decoration:none;white-space:pre">130%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.85pt;position:var(--position);text-decoration:none;white-space:pre"> of the 15-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:440pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">day VWAP immediately preceding the date on which their issuance is decided.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:453.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">It may be drawn during the period from the date immediately following the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.27pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.23pt;position:var(--position);text-decoration:none;white-space:pre">-month</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.1pt;position:var(--position);text-decoration:none;white-space:pre"> anniversary of the issuance of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:464.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">first tranche to the first-year anniversary of the issuance of the first tranche (i.e. August 24, 2024), in up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.33pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre"> separate </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:475.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">closings to provide the Group with additional flexibility to request a partial drawdown.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:487.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">On the limit date for the drawdown of the second tranche of the Heights Financing (i.e. August 4, 2024), the Group had not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:498.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">drawn down this tranche and has therefore forgone its right to do so in the future.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:531.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interest on the Heights convertible notes accrues at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.32pt;position:var(--position);text-decoration:none;white-space:pre">6.00%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.15pt;position:var(--position);text-decoration:none;white-space:pre"> annual fixed interest rate payable in quarterly installments in cash or, at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:543.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the option of the Group, in ordinary shares.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:565.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights convertible notes will be repaid through </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.65pt;position:var(--position);text-decoration:none;white-space:pre">sixteen</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.94pt;position:var(--position);text-decoration:none;white-space:pre"> quarterly installment payments, beginning </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.63pt;position:var(--position);text-decoration:none;white-space:pre">three months</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.52pt;position:var(--position);text-decoration:none;white-space:pre"> after their </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:576.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issuance date (corresponding, for the first tranche, to a final repayment date on August 24, 2027). Installments are payable in cash or, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:587.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">at the option of the Group, in ordinary shares.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:610.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Any interest or installment payments in shares will be made on the basis of a share price equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.81pt;position:var(--position);text-decoration:none;white-space:pre">90%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.14pt;position:var(--position);text-decoration:none;white-space:pre"> of the Market Price of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">ordinary shares at the time of payment, where “Market Price” refers to the arithmetic average of the daily volume weighted average </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:632.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price (“VWAP”) for the ordinary shares on the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.8pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.79pt;position:var(--position);text-decoration:none;white-space:pre"> (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.62pt;position:var(--position);text-decoration:none;white-space:pre">2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.62pt;position:var(--position);text-decoration:none;white-space:pre">) days with the lowest daily VWAPs out of the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.9pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.43pt;position:var(--position);text-decoration:none;white-space:pre"> (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.26pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.26pt;position:var(--position);text-decoration:none;white-space:pre">) trading days immediately </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:643.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">preceding the applicable date, but in no event greater than the VWAP of the ordinary shares on the applicable date. The Market Price </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:655.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">may not be higher than the applicable conversion price. Issuances of ordinary shares may not be made at a price lower than a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.62pt;position:var(--position);text-decoration:none;white-space:pre">15%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:555.95pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:666.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">discount to the 15-day VWAP at the time of the decision to issue the Heights convertible notes (i.e., </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.06pt;position:var(--position);text-decoration:none;white-space:pre">€14.4303</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.56pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share.).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights convertible notes include the following conversion and settlement options:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:699.84pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Conversion at the option of the noteholders: the notes are convertible into the Group’s ordinary shares at the option of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:711.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">noteholders at any time during the period beginning on the tranche A notes closing until the fifth business day prior to the </span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">maturity date. The ordinary shares issued would be equal to the product of (i) the conversion ratio in effect on the exercise </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">date, (ii) a fraction, the numerator of which is the outstanding principal amount per note and the denominator of which is the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">initial principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€100,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.58pt;position:var(--position);text-decoration:none;white-space:pre"> per note, and (iii) the number of notes for which the conversion right has been exercised.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Settlement in shares at the option of the Group: the Group has the option to settle any interest or principal due with its own </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:127.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">ordinary shares (with respect to all but not some of the notes outstanding), subject to a price limit. The ordinary shares </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:139.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">issuable will be the lower of the conversion ratio or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.1pt;position:var(--position);text-decoration:none;white-space:pre">90%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.43pt;position:var(--position);text-decoration:none;white-space:pre"> of the fair market value of the Group’s ordinary shares. </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Settlement in shares at the option of the noteholders (“SSO Investor Price Limit Option”): the noteholders may require a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">principal payment to be settled in shares in the event the share settlement price on any principal payment date is below the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:189.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">price limit in effect (initially </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.18pt;position:var(--position);text-decoration:none;white-space:pre">€14.4303</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.68pt;position:var(--position);text-decoration:none;white-space:pre">, subject to adjustments as described in the key terms below) and the Cash Carve-Out </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:202.88pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(i.e. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.03pt;position:var(--position);text-decoration:none;white-space:pre">€13.125 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.88pt;position:var(--position);text-decoration:none;white-space:pre"> – the amount of cash permitted to be paid to Heights for principal payments) has been utilized such that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.32pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">it does not allow payment in full of the principal payment. The majority noteholder may agree to waive the cash payment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:229.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">(which would otherwise be deferred until the original maturity date) and require the Group to exercise the share settlement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:243.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">option for the principal payment required. A number of the ordinary shares issuable is based on the price limit in effect.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:267.84pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Repayment of the notes upon an Event of Default (as defined below): the noteholder may notify the Group of their decision </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:281.28pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">to cause the notes to become payable at a price equal to the Early Redemption Amount (as defined below) upon an Event of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:294.72pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Default. The Early Redemption Amount means an amount equal to the greater of (a) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.86pt;position:var(--position);text-decoration:none;white-space:pre">120%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.19pt;position:var(--position);text-decoration:none;white-space:pre"> of the outstanding principal of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">note and (b) the market price of a number of shares issuable per note had the conversion right been exercised. Events of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:321.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Default include the following: default in any payment due on the notes, failure to deliver shares upon exercise of conversion </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:335.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">right or share settlement option, default of the Group on any obligation under the agreement, and other events.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:359.68pt;width:612pt"><span style="font-family:'Arial', sans-serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Repayment or purchase of the notes upon change of control, a delisting, or free float event (each, a “Put Event”): Upon a Put </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:373.12pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">Event, the noteholder has an option to require the Group to redeem or, at the Group’s option, to purchase all of the notes at </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:386.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">the total aggregate amount equal to the outstanding principal and interest accrued through the date of a Put Event.</span><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:526.15pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:413.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights Financing is a senior, unsecured financing. The terms and conditions of the Heights convertible notes include a standard </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:425pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">negative pledge providing that any security granted in favor of other borrowed debt or debt instruments should also be granted in favor </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the Heights convertible notes on an equal basis (with the exception of the securities issued pursuant to the Kreos / Claret Financing, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:447.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as detailed above).</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:469.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 24,</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.6pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> 2023, the Group repaid in full an outstanding amount of</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:320.81pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.81pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€25,102 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.9pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, corresponding to the outstanding OCEANE </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:483.24pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">bonds, by way of set-off with the Heights Financing. The accounting treatment for this transaction is explained in Note 15.5.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:505.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 23 and July 30, 2025, the noteholders requested the conversion of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.7pt;position:var(--position);text-decoration:none;white-space:pre">150</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.7pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.13pt;position:var(--position);text-decoration:none;white-space:pre">200</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.13pt;position:var(--position);text-decoration:none;white-space:pre"> convertible notes (corresponding </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:517.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to the entirety of the outstanding principal amount of approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.13pt;position:var(--position);text-decoration:none;white-space:pre">€21.9 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.98pt;position:var(--position);text-decoration:none;white-space:pre">) into </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.85pt;position:var(--position);text-decoration:none;white-space:pre">920,377</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.35pt;position:var(--position);text-decoration:none;white-space:pre"> new ordinary shares of the Group at a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:529.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conversion price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.64pt;position:var(--position);text-decoration:none;white-space:pre">€23.7674</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.14pt;position:var(--position);text-decoration:none;white-space:pre"> per ordinary share (see Note 3.3 - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:292.17pt;position:var(--position);text-decoration:none;white-space:pre">Conversion of the Heights convertible notes, Kreos OCABSA and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:541.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret BSA and prepayment of the Kreos / Claret Tranches B and C bond loans –</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:393.78pt;position:var(--position);text-decoration:none;white-space:pre"> July-December 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.79pt;position:var(--position);text-decoration:none;white-space:pre">).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:571.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accounting treatment and measurement</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:593.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In application of the Amendments to IAS 1 Presentation of Financial Statements – Classification of Liabilities as Current or Non-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:604.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">current, and Non-current Liabilities with Covenants, the Heights convertible notes are classified as current financial liabilities as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:616.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023 and 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:638.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group concluded that, except for the repayment or purchase option of the notes upon a Put Event, the above-mentioned </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:649.64pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conversion and settlement options represented embedded derivatives that required to be bifurcated from their host contract. The Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:660.84pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">being unable to reliably value each embedded derivative at issuance date and on subsequent reporting dates, it measured the whole </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:672.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instrument at fair value through profit or loss (“FVTPL”) as permitted by IFRS 9. Instruments measured at FVTPL under these </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:683.24pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conditions are measured at their fair value on issuance and on subsequent reporting dates, and the amount of change in the fair value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:694.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the financial liability is presented in profit or loss.</span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At inception, the Heights convertible notes were measured at fair value, which differs from the issuance procee</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.43pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ds by </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.32pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€2,359 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:570.41pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">Since the fair value measurement of the instrument is evidenced by a valuation technique that does not only use data from observable </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">markets, the carrying amount was adjusted to defer the difference between the fair value measurement and the transaction price, and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">the day one gain is therefore recognized in financial income on a straight-line basis over the term of the instrument. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">As of December 31, 2023 and 2024, the amounts by which the carrying value of the notes is adjusted to take into account the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">unrecognized day one gain are </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.57pt;position:var(--position);text-decoration:none;white-space:pre">€2,147 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.66pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.09pt;position:var(--position);text-decoration:none;white-space:pre">€1,557 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.18pt;position:var(--position);text-decoration:none;white-space:pre">, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the Heights convertible notes (including the embedded features) has been measured with a Monte Carlo model, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">considering </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.12pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.11pt;position:var(--position);text-decoration:none;white-space:pre"> probability-weighted scenarios: (i) a Put Event or Default/Dissolution scenario and (ii) a voluntary conversion at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">maturity scenario. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.62pt;position:var(--position);text-decoration:none;white-space:pre">The main data and assumptions are the following: </span></div><div style="position:var(--position);top:193.76pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:519pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:143.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:128.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:119.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:119.25pt"></td></tr><tr style="height:17.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes - August 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.82pt;position:var(--position);text-decoration:none;white-space:pre">AS OF AUGUST 24, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:17.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:17.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:113.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:17.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:17.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Original principal amount (in thousands of </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">€)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:34.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:34.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:34.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:55.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:116.84pt;position:var(--position)"></span><span style="left:116.84pt;position:var(--position)">6</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:55.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:107.84pt;position:var(--position)"></span><span style="left:107.84pt;position:var(--position)">6</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:55.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:107.84pt;position:var(--position)"></span><span style="left:107.84pt;position:var(--position)">6</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conversion price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:72.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:72.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:72.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:90pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€16.74</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:98.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:98.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.76</span></div></div></div></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:107.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:10.43pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Maturity date</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:107.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.63pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event) 24/08/2027 </span></div><div style="line-height:8pt;position:var(--position);top:15.23pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.58pt;position:var(--position);text-decoration:none;white-space:pre">(HTM/voluntary conversion)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:27pt;left:277.5pt;overflow:hidden;position:var(--position);top:107.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.84pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.32pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event)</span></div><div style="line-height:8pt;position:var(--position);top:10.44pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2027 (HTM/voluntary </span></div><div style="line-height:8pt;position:var(--position);top:20.04pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.87pt;position:var(--position);text-decoration:none;white-space:pre">conversion)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:27pt;left:399.75pt;overflow:hidden;position:var(--position);top:107.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.84pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.32pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event)</span></div><div style="line-height:8pt;position:var(--position);top:10.44pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2027 (HTM/voluntary </span></div><div style="line-height:8pt;position:var(--position);top:20.04pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.87pt;position:var(--position);text-decoration:none;white-space:pre">conversion)</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:17.25pt;overflow:hidden;position:var(--position);top:134.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.76pt;width:143.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Held to maturity / voluntary conversion </span></div><div style="line-height:8pt;position:var(--position);top:10.36pt;width:143.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:134.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">75</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:134.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">75</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:134.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">75</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:151.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Initial price limit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:151.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:151.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:151.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Early redemption amount (put event)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:168.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:108.84pt;position:var(--position)"></span><span style="left:108.84pt;position:var(--position)">120</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:168.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:99.84pt;position:var(--position)"></span><span style="left:99.84pt;position:var(--position)">120</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:168.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:99.84pt;position:var(--position)"></span><span style="left:99.84pt;position:var(--position)">120</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:186pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">50</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:186pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">50</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:186pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">50</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:203.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit spread</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:203.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">20</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:203.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">20</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:203.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">25</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:220.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:220.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:110.84pt;position:var(--position)"></span><span style="left:110.84pt;position:var(--position)">2.9</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:220.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:101.84pt;position:var(--position)"></span><span style="left:101.84pt;position:var(--position)">2.3</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:220.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:101.84pt;position:var(--position)"></span><span style="left:101.84pt;position:var(--position)">2.9</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of Heights convertible notes </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:237.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:96.21pt"></span></span><span style="left:98.83999999999999pt;position:var(--position)">32,641<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:237.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:87.21pt"></span></span><span style="left:89.83999999999999pt;position:var(--position)">27,456<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:237.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:87.21pt"></span></span><span style="left:89.83999999999999pt;position:var(--position)">20,017<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:468.71pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">As of August 24, 2023, using the same assumptions with an increase of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.84pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.8pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> volatility, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.35pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+1</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.98pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> share price, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.02pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.98pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> risk-free rate and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.21pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:564.17pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:479.91pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">probability of achieving the held to maturity scenario would result in a change in the Heights convertible notes fair value by </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:491.11pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">respectively </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.75pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+239 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+1,069 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.69pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.69pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-239 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.61pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.04pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-80 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.96pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:513.51pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">As of December 31, 2023, using the same assumptions with an increase of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.96pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> volatility, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.51pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+1</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.14pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> share price, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.18pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.14pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> risk-free rate and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:524.71pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54.96pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> probability of achieving the held to maturity scenario would result in a change in the Heights convertible notes fair value by </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:535.91pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">respectively </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.75pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+18 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+352 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-366 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.11pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.54pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-364 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.46pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:558.31pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">As of December 31, 2024, using the same assumptions with an increase of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.96pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> volatility, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.51pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+1</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.14pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> share price, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.18pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+1%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.14pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> risk-free rate and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:569.51pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">+10%</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.96pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> probability of achieving the held to maturity scenario would result in a change in the Heights convertible notes fair value by </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:580.71pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">respectively </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.75pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.38pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">2 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.97pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€+</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.6pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">39 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">, </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.19pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-219 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.11pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.53999999999996pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€-631 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.46pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:603.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At the conversion dates of the Heights notes, the fair value of the converted notes of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.79pt;position:var(--position);text-decoration:none;white-space:pre">€53,921 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.88pt;position:var(--position);text-decoration:none;white-space:pre"> was reclassified from financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">liabilities to equity. On the conversion dates, due to the put option being exercised by the holders, the fair values of the Heights notes </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:625.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">were deemed equal to th</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.64pt;position:var(--position);text-decoration:none;white-space:pre">e listed market prices</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.78pt;position:var(--position);text-decoration:none;white-space:pre"> of the issued shares.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As a result of the derecognition of the Heights notes, the outstanding day-one gain was entirely amortized, resulting in a financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:648.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">income of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre">€1,262 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:144.82pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:672.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the year ended December 31, 2025, changes in the fair value of the Heights notes (including the remeasurement at conversion </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:684.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">date) resulted in a financial expense of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.72pt;position:var(--position);text-decoration:none;white-space:pre">36,015 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.81pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.3</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">. Structured debt financing with Kreos subscribed i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:284.72pt;position:var(--position);text-decoration:none;white-space:pre">n July 2018 – “Kreos 1” </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Kreos 1 bond loans</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 24, 2018, the Group entered into a Venture Loan Agreement, a Straight Bonds Issue Agreement and a Convertible Bonds </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:127.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Issue Agreement with Kreos Capital V (UK) Ltd., (or “Kreos”), which provided for up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.67pt;position:var(--position);text-decoration:none;white-space:pre">€20,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.76pt;position:var(--position);text-decoration:none;white-space:pre"> in financing. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:149.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Pursuant to the terms of the agreements, Kreos agreed to subscribe for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.31pt;position:var(--position);text-decoration:none;white-space:pre">€16,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.4pt;position:var(--position);text-decoration:none;white-space:pre"> in non-convertible bonds and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€4,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre"> in convertible bonds, to be issued by the Group in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.38pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.37pt;position:var(--position);text-decoration:none;white-space:pre"> tranches of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:370.48pt;position:var(--position);text-decoration:none;white-space:pre">€10,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.57pt;position:var(--position);text-decoration:none;white-space:pre"> each. The tranches were issued </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:172.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in July 2018 and May 2019, respectively.  The convertible bonds were convertible into new ordinary shares of the Group at any time </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:183.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from their issuance and at the discretion of their holders. In October 2020, Kreos required the conversion of all the convertible bonds </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">they held and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.33pt;position:var(--position);text-decoration:none;white-space:pre">464,309</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.83pt;position:var(--position);text-decoration:none;white-space:pre"> shares were issued. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The straight bond tranches were split between i) a debt component (then measured at amortized cost), and ii) a premium corresponding </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to the initial fair value of attached BSA (then remeasured at fair value through profit and loss).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:251.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2022, the A tranche of the Kreos 1 bond loan has come to maturity and was repaid in full. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:273.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August, 21, 2023, the B tranche of the Kreos 1 bond loan as well as the A &amp; B tranches of the Kreos 2 bond loan were repaid in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:284.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">full, for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.26pt;position:var(--position);text-decoration:none;white-space:pre">€7,661 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.35pt;position:var(--position);text-decoration:none;white-space:pre">, using the proceeds from the new Kreos / Claret Fin</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.86pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ancing (</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.32pt;position:var(--position);text-decoration:none;white-space:pre">see Note 3.1</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.99pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">). </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:307.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As the differences identified between the terms of the Kreos 1 &amp; 2 bond loans and the new Kreos / Claret Financing were considered </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">substantial, the repayment transaction on August 21, 2023 was accounted for as a debt extinguishment. The repayment of the Kreos 1 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:329.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">&amp; 2 bond loans led to the recognition of a loss on extinguishment amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.45pt;position:var(--position);text-decoration:none;white-space:pre">€170 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.04pt;position:var(--position);text-decoration:none;white-space:pre">, primarily due to (i) the payment of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:340.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future interests as per the terms of the prepayment option and (ii) unamortized exit and issuance fees, reducing the carrying value of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:385.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Kreos A &amp; B BSA</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:408.16pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">In connection with each tranche, the Group issued </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.83pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">110,957</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.33000000000004pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> tranche A share warrants (or “Kreos A BSA”) and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.23pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">74,766</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.73pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> tranche B share </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:419.66pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">warrants (or “Kreos B BSA”), each, for a global subscription price of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.71pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€1</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.71pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">. Each Kreos A BSA and Kreos B BSA gives rights to </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.72pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">one</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.15pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:431.16pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">new ordinary share at an exercise price of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.22pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€7.21</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.72pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> less a discount and </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.92pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€10.70</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.42pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> less a discount, respectively. In addition, the Group granted </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.66pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">to the holders of the Kreos A BSA and the Kreos B </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.61pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">BSA the option to sell to the Group, upon each exercise of all or parts of the Kreos </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:454.16pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">A BSA, at the put price defined in the agreement, a proportion of the number of the warrants, for the sole purpose of implementing a </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:465.66pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">cash less exercise of the Kreos A BSA and Kreos B BSA</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.4pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:488.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The BSA attached to all tranches (both straight and convertible) did not meet the “fixed for fixed” criteria (non cash settlement option </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:499.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which may result in exchanging a variable number of shares, for a variable price), and were accounted for as standalone derivative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:511.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">instruments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:533.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On May 24, 2023, the holders opted for the cashless exercise option of the share warrants they held, implemented through the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:544.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">repurchase by the Group of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.85pt;position:var(--position);text-decoration:none;white-space:pre">43,070</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.35pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos A BSA and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.81pt;position:var(--position);text-decoration:none;white-space:pre">43,070</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.31pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos B BSA and the issuance by the Group of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.0799999999999pt;position:var(--position);text-decoration:none;white-space:pre">67,887</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.58pt;position:var(--position);text-decoration:none;white-space:pre"> and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:555.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">31,696</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.5pt;position:var(--position);text-decoration:none;white-space:pre"> ordinary shares, as the result of the cashless exercise by Kreos of the outstanding </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.04pt;position:var(--position);text-decoration:none;white-space:pre">67,887</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.54pt;position:var(--position);text-decoration:none;white-space:pre"> Kreos A &amp; </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.4pt;position:var(--position);text-decoration:none;white-space:pre">31,696</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.9pt;position:var(--position);text-decoration:none;white-space:pre"> B BSA. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:578.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At this date, the fair value of exercised warrants of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.01pt;position:var(--position);text-decoration:none;white-space:pre">€1,850 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.1pt;position:var(--position);text-decoration:none;white-space:pre"> was reclassified from derivative financial liabilities to equity. As </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:589.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of this date, due to the put option being exercised by the holders, the fair value of the BSAs is deemed equal to their intrinsic value, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:600.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which is equal to the difference between the share price on May 24, 2023 and their exercise price.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.4 Structured debt financing with Kreos subscribed in October 2020 – “Kreos 2” </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On October 13, 2020, the Group obtained a straight bond loan of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.47pt;position:var(--position);text-decoration:none;white-space:pre">€15,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.56pt;position:var(--position);text-decoration:none;white-space:pre"> from Kreos corresponding to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.31pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.3pt;position:var(--position);text-decoration:none;white-space:pre"> tranches of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€10,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre"> (“Tranche A”) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.98pt;position:var(--position);text-decoration:none;white-space:pre">€5,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.07pt;position:var(--position);text-decoration:none;white-space:pre"> (“Tranche B”), with an option for an additional </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.73pt;position:var(--position);text-decoration:none;white-space:pre">€5,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.8199999999999pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos 2 straight bonds were initially measured at fair value, which corresponds to the net cash proceeds, and subsequently </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">measured at amortized cost. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August, 21, 2023, the B tranche of the Kreos 1 bond loan as well as the A &amp; B tranches of the Kreos 2 bond loan were repaid in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">full, for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.26pt;position:var(--position);text-decoration:none;white-space:pre">€7,661 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.35pt;position:var(--position);text-decoration:none;white-space:pre">, using the proce</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.4pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">eds from the new Kreos / Claret Financing (</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.32pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">see Note 3.1 and 15.1)</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.25pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">. The </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">accounting treatment of the extinguishment of these liabilities is set forth in Note 15.3.</span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.5. OCEANE </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:234.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On July 30, 2021, the Group received a gross proceed of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.44pt;position:var(--position);text-decoration:none;white-space:pre">€85,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.53pt;position:var(--position);text-decoration:none;white-space:pre"> through (i) the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.43pt;position:var(--position);text-decoration:none;white-space:pre">1,964,031</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.43pt;position:var(--position);text-decoration:none;white-space:pre"> shares with a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:244.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.64pt;position:var(--position);text-decoration:none;white-space:pre">€30.55</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.14pt;position:var(--position);text-decoration:none;white-space:pre"> per share (see Note 13.2 (changes in share capital)) for gross amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.67pt;position:var(--position);text-decoration:none;white-space:pre">€60,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.76pt;position:var(--position);text-decoration:none;white-space:pre">, and (ii) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:254.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.17pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.26pt;position:var(--position);text-decoration:none;white-space:pre"> in OCEANE, maturing on July 30, 2026. The proceeds of the transaction mainly serve to finance the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">progress of ABX464 clinical trials in chronic inflammatory diseases.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The OCEANE were convertible into new ordinary shares and/or exchanged for existing ordinary shares of the group at any time from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">their issuance and at the discretion of their holders. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As the conversion ratio was adjusted </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.29pt;position:var(--position);text-decoration:none;white-space:pre">18 months</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.22pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.22pt;position:var(--position);text-decoration:none;white-space:pre">24 months</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.15pt;position:var(--position);text-decoration:none;white-space:pre">, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.08pt;position:var(--position);text-decoration:none;white-space:pre">36 months</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.01pt;position:var(--position);text-decoration:none;white-space:pre"> after the issuance date of the OCEANE bond with the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">weighted average price of the shares and is subject to a floor and a cap, the conversion did not result in the delivery of a fixed number </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of shares. Consequently, the OCEANE bond was recorded as an hybrid instrument which includes i) a debt host contract accounted for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">at amortized cost, and ii) a conversion option which was a embedded derivative accounted for at fair value through profit and loss. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At inception, the net cash proceeds reflected the OCEANE initial fair value. The fair value of the bifurcated conversion option at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">inception has been measured with a Monte Carlo model using a Longstaff Schwartz algorithm, with a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.71pt;position:var(--position);text-decoration:none;white-space:pre">53%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.04pt;position:var(--position);text-decoration:none;white-space:pre"> share price volatility, a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">1,400</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre"> bp credit spread assumption and a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.19pt;position:var(--position);text-decoration:none;white-space:pre">€31.50</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.69pt;position:var(--position);text-decoration:none;white-space:pre"> share price. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of August 24, 2023, the date at which the OCEANE were repaid, the fair value of conversion option amounts to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.9pt;position:var(--position);text-decoration:none;white-space:pre">€1,762 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:564.99pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:416.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">based on the same valuation model, a risk-free rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.67pt;position:var(--position);text-decoration:none;white-space:pre">3.22%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.5pt;position:var(--position);text-decoration:none;white-space:pre">, a credit spread assumption of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.09pt;position:var(--position);text-decoration:none;white-space:pre">1,398</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.59pt;position:var(--position);text-decoration:none;white-space:pre"> bp, a share price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.89pt;position:var(--position);text-decoration:none;white-space:pre">€16.74</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.39pt;position:var(--position);text-decoration:none;white-space:pre">, and a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:427.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price volatility of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.84pt;position:var(--position);text-decoration:none;white-space:pre">37%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.17pt;position:var(--position);text-decoration:none;white-space:pre">. As of August 24, 2023, using the same assumptions, an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.25pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.21pt;position:var(--position);text-decoration:none;white-space:pre"> volatility, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.76pt;position:var(--position);text-decoration:none;white-space:pre">€+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.39pt;position:var(--position);text-decoration:none;white-space:pre"> share price and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.86pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:563.82pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:438.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">risk free rate would result in an increase of the OCEANE conversion option fair value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.82pt;position:var(--position);text-decoration:none;white-space:pre">€80 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.41pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.41pt;position:var(--position);text-decoration:none;white-space:pre">€364 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510pt;position:var(--position);text-decoration:none;white-space:pre">, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:449.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€121 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre"> respectively. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 24, 2023, the outstanding OCEANE including accrued interests were repaid in full, for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.42pt;position:var(--position);text-decoration:none;white-space:pre">€25,102 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:557.51pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:483.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">using the proceeds from the new Heights Financings (see Note 3.1). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:494.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As the differences identified between the terms of the OCEANE and the new Heights convertible notes were considered substantial, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:505.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the transaction was accounted for as a debt extinguishment. The repayment of the OCEANE led to the recognition of a loss on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:516.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">extinguishment amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.61pt;position:var(--position);text-decoration:none;white-space:pre">€3,069 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.7pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.6. State guaranteed loan – “PGE”<span id="idf2ef93091c34d489c34e04dfef676a3"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:572.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2020, the Group subscribed to a PGE from Société Générale with an initial maturity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.72pt;position:var(--position);text-decoration:none;white-space:pre">12 months</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.65pt;position:var(--position);text-decoration:none;white-space:pre"> at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.85pt;position:var(--position);text-decoration:none;white-space:pre">0.25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.68pt;position:var(--position);text-decoration:none;white-space:pre"> and a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.04pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.5699999999999pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.09pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">extension option. In March 2021, the Group exercised the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.4pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.93pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.45pt;position:var(--position);text-decoration:none;white-space:pre"> extension option with a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.97pt;position:var(--position);text-decoration:none;white-space:pre">one</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.4pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.92pt;position:var(--position);text-decoration:none;white-space:pre"> deferral of the principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:592.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">repayment, with the following conditions: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:608.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Rate: </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.61pt;position:var(--position);text-decoration:none;white-space:pre">0.58%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.44pt;position:var(--position);text-decoration:none;white-space:pre"> per annum excluding insurance and state guaranteed premium, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">State guaranteed premium of </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.23000000000002pt;position:var(--position);text-decoration:none;white-space:pre">€138 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.82pt;position:var(--position);text-decoration:none;white-space:pre"> to be paid by installments over the contract period starting in June 2021, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:634.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:650.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Reimbursement by yearly installments from June 2021 to June 2026. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:672.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The benefit resulting from the low interest nature of the award as a subsidy was recognized as other income during the period ended </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:682.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2020 for an amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.43pt;position:var(--position);text-decoration:none;white-space:pre">€377 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.02pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The variation in the PGE loan over the periods ended December 31, 2023, 2024 is primarily related to the reimbursement of capital </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and interests. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">During the fourth quarter of 2025, the Group prepaid in full the outstanding principal of the PGE loan of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.19pt;position:var(--position);text-decoration:none;white-space:pre">€1,264 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.28pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.7. Conditional advances<span id="i4379b0e22e6542cb9131970a4d5b89f6"></span></span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:154.06pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances as of December 31, 2023, 2024 and 2025 are as </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.41pt;position:var(--position);text-decoration:none;white-space:pre">follows</span><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:347.39pt;position:var(--position);text-decoration:none;white-space:pre">:</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:165.06pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div><div style="position:var(--position);top:195.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:336pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:134.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIONAL ADVANCES</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RNP VIR – Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,232<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CARENA – Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,485<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">EBOLA – Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">55<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total conditional advances</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">6,771<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">RNP-VIR – Bpifrance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Under the RNP-VIR contract, the Group was eligible to receive up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.41pt;position:var(--position);text-decoration:none;white-space:pre">€6.3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.26pt;position:var(--position);text-decoration:none;white-space:pre"> in conditional advances to further develop methods </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the discovery of new molecules for the treatment of viral infectious diseases through the development of the “Modulation of RNA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">biogenesis” platform. As of December 31, 2022, the Group had received </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.49pt;position:var(--position);text-decoration:none;white-space:pre">€4,032 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.58pt;position:var(--position);text-decoration:none;white-space:pre">, of which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.33pt;position:var(--position);text-decoration:none;white-space:pre">€1,756 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.42pt;position:var(--position);text-decoration:none;white-space:pre"> was received in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">September 2017, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.22pt;position:var(--position);text-decoration:none;white-space:pre">€346 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.81pt;position:var(--position);text-decoration:none;white-space:pre"> in August 2018 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.39pt;position:var(--position);text-decoration:none;white-space:pre">€1,930 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.48pt;position:var(--position);text-decoration:none;white-space:pre"> in November 2019. The repayment of these funds is spread from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the date on which the repayments are called by BPI. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance agreed to terminate the project due to technical failure. Bpifrance claimed the reimbursement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.83pt;position:var(--position);text-decoration:none;white-space:pre">€1,241 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.92pt;position:var(--position);text-decoration:none;white-space:pre"> corresponding to overpayments of conditional advances and subsidies (for which the Group had not incurred the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:430.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">corresponding R&amp;D expenses) and agreed to waive </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.4pt;position:var(--position);text-decoration:none;white-space:pre">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.73pt;position:var(--position);text-decoration:none;white-space:pre"> of the remaining advances of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.7pt;position:var(--position);text-decoration:none;white-space:pre">€2,945 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.79pt;position:var(--position);text-decoration:none;white-space:pre"> and accrued interests, which </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">resulted in a subsidy income of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.1pt;position:var(--position);text-decoration:none;white-space:pre">€1,872 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.19pt;position:var(--position);text-decoration:none;white-space:pre"> in the aggregate (see Note 18). </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.81pt;position:var(--position);text-decoration:none;white-space:pre">The outstanding amount was fully repaid by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:454.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group during the second half of 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">See Note 25.2. Commitments under BPI conditional advances. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:506.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CARENA – Bpifrance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Under the CARENA agreement, the Group was eligible to receive up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.94pt;position:var(--position);text-decoration:none;white-space:pre">€3,840 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.03pt;position:var(--position);text-decoration:none;white-space:pre"> to develop a therapeutic HIV treatment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:532.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">program with ABX464. As of December 31, 2022, the Group received </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.77pt;position:var(--position);text-decoration:none;white-space:pre">€2,187 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.86pt;position:var(--position);text-decoration:none;white-space:pre">, of which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.61pt;position:var(--position);text-decoration:none;white-space:pre">€1,150 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.7pt;position:var(--position);text-decoration:none;white-space:pre"> was received in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:542.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 2013, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.54pt;position:var(--position);text-decoration:none;white-space:pre">€1,008 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.63pt;position:var(--position);text-decoration:none;white-space:pre"> in September 2014 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.05pt;position:var(--position);text-decoration:none;white-space:pre">€29 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.64pt;position:var(--position);text-decoration:none;white-space:pre"> received in June 2016. </span></div><div style="font-size:12pt;line-height:1pt;position:var(--position);top:564.82pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:1pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:566.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The repayment of the advance is spread from the date on which the repayments are called by Bpifrance. An additional repayment is </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:576.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">provided for based on the income the Group generates through this research and development program.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:598.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance agreed to terminate the project due to technical failure. Bpifrance granted an additional amount </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:609.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.83pt;position:var(--position);text-decoration:none;white-space:pre">€1,068 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.92pt;position:var(--position);text-decoration:none;white-space:pre"> payable to the Group to reimburse additional expenses incurred as part of the project, and agreed to waive </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.3pt;position:var(--position);text-decoration:none;white-space:pre">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.63pt;position:var(--position);text-decoration:none;white-space:pre"> of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the remaining conditional advance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.19pt;position:var(--position);text-decoration:none;white-space:pre">€3,255 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.28pt;position:var(--position);text-decoration:none;white-space:pre"> and accrued interests, which resulted in a subsidy income of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.56pt;position:var(--position);text-decoration:none;white-space:pre">€2,251 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:564.65pt;position:var(--position);text-decoration:none;white-space:pre"> in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:632.52pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the aggregate (see Note 18).</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.35pt;position:var(--position);text-decoration:none;white-space:pre"> The outstanding amount was fully repaid by the Group during the second half of 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:662.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">EBOLA – Bpifrance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:678.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Under the Bpifrance and Occitanie region joint aid agreement, the Group received a total of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.94pt;position:var(--position);text-decoration:none;white-space:pre">€390 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.53pt;position:var(--position);text-decoration:none;white-space:pre"> (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.36pt;position:var(--position);text-decoration:none;white-space:pre">€300 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.95pt;position:var(--position);text-decoration:none;white-space:pre"> as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:688.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2017 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.97pt;position:var(--position);text-decoration:none;white-space:pre">€90 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.56pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, 2019). The reimbursement was spread from 2019 to June 2024. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.8. Lease liabilities<span id="ifc3224d03a4e46d99a832b8e540a70e5"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:119.86pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The variations in lease liabilities are set forth below:</span></div><div style="position:var(--position);top:133.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:301.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:56.84pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre"> LEASE LIABILITY</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:12pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">1,384<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:33pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:45pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.05pt"></span></span><span style="left:60.68pt;position:var(--position)">(1,194)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:57pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">540<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:78pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:90pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.05pt"></span></span><span style="left:66.67999999999999pt;position:var(--position)">(398)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:102pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">2,363<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:123pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:135pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.05pt"></span></span><span style="left:66.67999999999999pt;position:var(--position)">(950)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:147pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">1,856<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities mainly relate the Group’s headquarters in Paris, the Boston office entered into in November 2023, the Montpellier </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:329.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">offices entered into in April 2024, the new Paris headquarters entered into in May 2024 and to a lesser extent to vehicles, parking lots </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:340.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and printer</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.56pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">s (see Note 8).</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:351.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The lease for the Group’s corporate headquarters in Paris, France at 7-11 Boulevard Haussmann, 75009 Paris started in July 2022. It </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:365.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">had a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.86pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.82pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.34pt;position:var(--position);text-decoration:none;white-space:pre"> duration, with a tacit renewal option for approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.51pt;position:var(--position);text-decoration:none;white-space:pre">two years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.08pt;position:var(--position);text-decoration:none;white-space:pre"> and the possibility to break the contract </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre">one year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559.78pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">before the end. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.15pt;position:var(--position);text-decoration:none;white-space:pre">In September 2023, the Group was notified by the lessor of its intention to exercise its option to terminate the contract </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">on June 30, 2024. Consequently, the Group reassessed the lease term and recorded a decrease in the related lease liability by </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€622 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre"> and a corresponding decrease in the right of use asset for the same amount. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:417.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">A new lease for different premises within the same building was entered into on May 2, 2024. It has a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.58pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.54pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.06pt;position:var(--position);text-decoration:none;white-space:pre"> duration, and no </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:431.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">renewal option. The Group also benefits from an initial eight-month rent-free period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:455.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In November 2023, the Subsidiary entered a lease contract for its new Boston offices. It has a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.98pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.97pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.49pt;position:var(--position);text-decoration:none;white-space:pre"> duration, with an option to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:466.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">renew the contract for an additional period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.66pt;position:var(--position);text-decoration:none;white-space:pre"><span style="-sec-ix-hidden:f-2257">one</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.09pt;position:var(--position);text-decoration:none;white-space:pre"> or </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.42pt;position:var(--position);text-decoration:none;white-space:pre">two years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.99pt;position:var(--position);text-decoration:none;white-space:pre">. In December 2024, the Group exercised its option to extend the lease </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">up until December 2026. P</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.41pt;position:var(--position);text-decoration:none;white-space:pre">er Management, additional renewal options are not reasonably certain due to the forecasted development of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:489.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Subsidiary, which may lead it to relocate at the end of the current term.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:511.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In April 2024, the Company entered a lease contract for a new Montpellier office. It has an initial </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.73pt;position:var(--position);text-decoration:none;white-space:pre">six</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.39pt;position:var(--position);text-decoration:none;white-space:pre">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.91pt;position:var(--position);text-decoration:none;white-space:pre"> duration, with the option for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:522.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Company to terminate the lease at any time with a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.74pt;position:var(--position);text-decoration:none;white-space:pre">six</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.4pt;position:var(--position);text-decoration:none;white-space:pre">-month</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:294.27pt;position:var(--position);text-decoration:none;white-space:pre"> notice period, and a tacit renewal option for an additional period of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:534.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">six years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.24000000000001pt;position:var(--position);text-decoration:none;white-space:pre">. Based on Management's estimate, the initial lease period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.04pt;position:var(--position);text-decoration:none;white-space:pre">six years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.28pt;position:var(--position);text-decoration:none;white-space:pre"> is considered reasonably certain and is therefore used </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:545.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the measurement of the lease  </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:567.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In December 2025, the Company renewed the lease contract with the CNRS </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.14pt;position:var(--position);text-decoration:none;white-space:pre">(French National Centre for Scientific Research)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre"> research </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:578.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">laboratories based in Montpellier until December 31, 2026. A lease liability was recognized as of 31 December 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:601.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, 2024 and 2025, the lease liabilities of the Paris headquarters and Boston offices represented </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.72pt;position:var(--position);text-decoration:none;white-space:pre">93%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.05pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.05pt;position:var(--position);text-decoration:none;white-space:pre">93%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.38pt;position:var(--position);text-decoration:none;white-space:pre"> and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">70%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54.33pt;position:var(--position);text-decoration:none;white-space:pre"> of t</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.43pt;position:var(--position);text-decoration:none;white-space:pre">he total lease liability, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:634.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Lease expenses related to contracts for which a lease liability and right of use asset is recognized under IFRS 16 were </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.46pt;position:var(--position);text-decoration:none;white-space:pre">€548 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:567.05pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€730 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.02pt;position:var(--position);text-decoration:none;white-space:pre">€808 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.61pt;position:var(--position);text-decoration:none;white-space:pre"> for the years ended December 31, 2023, 2024 and 2025, respectively. They were recognized for (i) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€498 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.59pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.59pt;position:var(--position);text-decoration:none;white-space:pre">€788 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.18pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.61pt;position:var(--position);text-decoration:none;white-space:pre">€744 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.2pt;position:var(--position);text-decoration:none;white-space:pre"> as Depreciation expenses and (ii) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.8pt;position:var(--position);text-decoration:none;white-space:pre">€13 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.39pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.39pt;position:var(--position);text-decoration:none;white-space:pre">€61 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.98pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.41pt;position:var(--position);text-decoration:none;white-space:pre">€64 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:559pt;position:var(--position);text-decoration:none;white-space:pre"> as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:668.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interest expenses, for the years ended December 31, 2023, 2024 and 2025, respectively.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:690.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Lease expenses related to short-term lease contracts and low value assets that are not included in the valuation of the lease liability </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:702.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre">€334 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€352 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.92pt;position:var(--position);text-decoration:none;white-space:pre"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:217.85pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.35pt;position:var(--position);text-decoration:none;white-space:pre">€349 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.94pt;position:var(--position);text-decoration:none;white-space:pre"> for the years ended December 31, 2023, 2024 and 2025, respectively. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.9. Royalty certificates <span id="ib234ca1988eb4c919128d1c27cbc1aa4"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On September 2, 2022, the Group completed a financing of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.78pt;position:var(--position);text-decoration:none;white-space:pre">€49,162 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.87pt;position:var(--position);text-decoration:none;white-space:pre">, consisting of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.72pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.71pt;position:var(--position);text-decoration:none;white-space:pre"> transactions: </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:130.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">a reserved capital increase of a gross amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.25pt;position:var(--position);text-decoration:none;white-space:pre">€46,231 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.34pt;position:var(--position);text-decoration:none;white-space:pre"> through the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.31pt;position:var(--position);text-decoration:none;white-space:pre">5,530,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.31pt;position:var(--position);text-decoration:none;white-space:pre"> new shares with a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:143.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">nominal value of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.2pt;position:var(--position);text-decoration:none;white-space:pre">€0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.7pt;position:var(--position);text-decoration:none;white-space:pre"> per share at a subscription price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.31pt;position:var(--position);text-decoration:none;white-space:pre">€8.36</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.81pt;position:var(--position);text-decoration:none;white-space:pre"> per share; and </span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);top:157.14pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">an issue of royalty certificates with a subscription price amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.83pt;position:var(--position);text-decoration:none;white-space:pre">€2,931 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.92pt;position:var(--position);text-decoration:none;white-space:pre">. The royalty certificates give right to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:170.58pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">their holders to royalties equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.28pt;position:var(--position);text-decoration:none;white-space:pre">2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.61pt;position:var(--position);text-decoration:none;white-space:pre"> of the future net sales of obefazimod (worldwide and for all indications) as from the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:184.02pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">commercialization of such product. The amount of royalties that may be paid under the royalty certificates is capped at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:197.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre">€172,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.09pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:222.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Related transaction costs amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.96pt;position:var(--position);text-decoration:none;white-space:pre">€3,280 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.05pt;position:var(--position);text-decoration:none;white-space:pre"> and are recorded in equity, since entirely related to the reserved capital </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:233.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increase. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:255.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In April 2023, the Group reassessed its estimate of the probability of future royalty cash flows related to the royalty c</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.65pt;position:var(--position);text-decoration:none;white-space:pre">ertificates. </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:549pt;position:var(--position);text-decoration:none;white-space:pre">This </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.9pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">change reflected the higher probability to reach the objectives of the development and commercialization plans following the recent </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.1pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">changes in management and governance, as well as results from its Phase 2b open-label maintenance trial in UC, as released in April </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:289.3pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023. Subsequently, in June 2023 and December 2023, the Group revised </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.01pt;position:var(--position);text-decoration:none;white-space:pre">the development and commercialization plans of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:300.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obefazimod and reassessed its estimate of future royalty cash flows accordingly. These changes in estimates resulted in a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:311.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">remeasurement of the certificates’ amortized costs, using the original EIR of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.91pt;position:var(--position);text-decoration:none;white-space:pre">34%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.24pt;position:var(--position);text-decoration:none;white-space:pre"> calculated at the date of issuance, which led to an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increase by</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.21000000000001pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€6,421 thousand</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.8pt;position:var(--position);text-decoration:none;white-space:pre"> of the royalty certificates liability. The expense was recorded within the interest expenses in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Statements of Income (Loss).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:345.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Consequently, the total interest expense (including the unwinding of discount) related to royalty certificates amounts to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:356.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€8,942 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2023.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In December 2024, the Group </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.12pt;position:var(--position);text-decoration:none;white-space:pre">revised </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.47pt;position:var(--position);text-decoration:none;white-space:pre">the development and commercialization plans of obefazimod to take into account the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">progression in the ongoing clinical trials, reassessment of the commercial schedule and forecasts  and reassessed its estimate of future </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">royalty cash flows accordingly.</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> This</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.68pt;position:var(--position);text-decoration:none;white-space:pre"> change in estimate resulted in a remeasurement of the certificates’ amortized costs, using the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:413.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">original EIR of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre">34%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.32pt;position:var(--position);text-decoration:none;white-space:pre"> calculated at the date of issuance, which led to a decrease by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.17pt;position:var(--position);text-decoration:none;white-space:pre">€3,404 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.26pt;position:var(--position);text-decoration:none;white-space:pre"> of the royalty certificates liability. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:424.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The expense was recorded within the interest expenses in the Statements of Income (Loss).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:435.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Consequently, the total interest expense related to royalty certificates (including the effect of the unwinding of discount, amounting to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:447.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€4,198 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre">) amounts to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.55pt;position:var(--position);text-decoration:none;white-space:pre">€794 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.14pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2024.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">During the third quarter of 2025, the Group revised the probability of success (“POS”) of the obefazimod clinical trials to take into </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:481.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">account the Phase 3 results announced in July 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:241.37pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.87pt;position:var(--position);text-decoration:none;white-space:pre">and reassessed its estimate of future royalty cash flows accordingly. This change </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:492.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in estimate resulted in a remeasurement of the certificates’ amortized costs, using the original EIR of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.26pt;position:var(--position);text-decoration:none;white-space:pre">34%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.59pt;position:var(--position);text-decoration:none;white-space:pre"> calculated at the date of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:503.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">issuance, which led to an increase by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.37pt;position:var(--position);text-decoration:none;white-space:pre">€11,286 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre"> of the royalty certificates liability. The expense was recorded within the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:515.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">financial expenses in the Statements of Income (Los</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.9pt;position:var(--position);text-decoration:none;white-space:pre">s).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:537.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, using the same future royalty cash flows assumptions with an increase of +</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.75pt;position:var(--position);text-decoration:none;white-space:pre">5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:448.75pt;position:var(--position);text-decoration:none;white-space:pre"> points of POS and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.78pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.74pt;position:var(--position);text-decoration:none;white-space:pre"> of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:548.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">peak penetration (best case scenario) would result in an increase in the royalty certificates carrying value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.31pt;position:var(--position);text-decoration:none;white-space:pre">€</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:559.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+809 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.22pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.65pt;position:var(--position);text-decoration:none;white-space:pre">€+2,616 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.37pt;position:var(--position);text-decoration:none;white-space:pre">. Using the same assumptions with a decrease of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.27pt;position:var(--position);text-decoration:none;white-space:pre">(5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.93pt;position:var(--position);text-decoration:none;white-space:pre"> points in POS and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.4pt;position:var(--position);text-decoration:none;white-space:pre">(5)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.39pt;position:var(--position);text-decoration:none;white-space:pre"> in peak penetration </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:571.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(worst case scenario) would result in a decrease in the royalty certificates carrying value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.3pt;position:var(--position);text-decoration:none;white-space:pre">€(1,712) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.05pt;position:var(--position);text-decoration:none;white-space:pre"> and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€(4,154) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.75pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:605.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Fair value </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:630.14pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the royalty certificates amounts to</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.26pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.76pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€12,395 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.85pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> as </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.17pt;position:var(--position);text-decoration:none;white-space:pre">of December 31, 2023, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.54pt;position:var(--position);text-decoration:none;white-space:pre">€7,313 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.63pt;position:var(--position);text-decoration:none;white-space:pre"> as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:641.34pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2024 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.43pt;position:var(--position);text-decoration:none;white-space:pre">€102,001</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.93pt;position:var(--position);text-decoration:none;white-space:pre"> thousands as of December 31, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:663.74pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The fair value of the royalty certificates is based on the net present value of royalties, which depends on assumptions made by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:674.94pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group with regards to the probability of success of its studies (“POS”), the commercialization budget of obefazimod (“peak </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.14pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">penetration”) and the discount rate. In addition, as of December 31 2023 and 2024, royalty projections have been adjusted to reflect </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:697.34pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the significant difference between the Group’s value derived from management projections and the Group’s market capitalization. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, following the increase in the Group's share price and the business plan update, such adjustment was no </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">longer required. Management ensured that the discount rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.37pt;position:var(--position);text-decoration:none;white-space:pre">7.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.2pt;position:var(--position);text-decoration:none;white-space:pre"> used at that date</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.32pt;position:var(--position);text-decoration:none;white-space:pre"> is reasonable based on the specific risk profile of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:93.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the royalties certificates.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The decrease in fair value of the royalty certificates over the year ended December 31, 2024 is mainly driven by the decrease in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:128.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group's share price over the period, while the increase over the year ended December 31, 2025 is primarily explained by (i) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:139.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">revised </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:67.35pt;position:var(--position);text-decoration:none;white-space:pre">POS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.69pt;position:var(--position);text-decoration:none;white-space:pre">, reflecting the results of the Phase 3 trials, which resulted in the increase in the Group's share price during the second half </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:151.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of 2025, and (ii) a decrease in the discount rate consistent with the increase in the Group's market capitalization (see Note 3.3 </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:539.38pt;position:var(--position);text-decoration:none;white-space:pre">- </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Publication of positive Phase 3 results from both ABTECT 8-week induction trials investigating obefazimod, in moderate to severely </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:174.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">active UC </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:78.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre">–</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:83.71000000000001pt;position:var(--position);text-decoration:none;white-space:pre"> July 2025)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:196.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, using the same assumptions with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336pt;position:var(--position);text-decoration:none;white-space:pre">+5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.63pt;position:var(--position);text-decoration:none;white-space:pre"> points of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.23pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.19pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration (best case </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:207.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scenario), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.61pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.57pt;position:var(--position);text-decoration:none;white-space:pre"> WACC and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.47pt;position:var(--position);text-decoration:none;white-space:pre">€+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.1pt;position:var(--position);text-decoration:none;white-space:pre"> share price would result in a change in the royalty certificates fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.6pt;position:var(--position);text-decoration:none;white-space:pre">€</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:219.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+1104 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.22pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.22pt;position:var(--position);text-decoration:none;white-space:pre">€+1757 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.44pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.44pt;position:var(--position);text-decoration:none;white-space:pre">€(577) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.69pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.12pt;position:var(--position);text-decoration:none;white-space:pre">€+1325 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.34pt;position:var(--position);text-decoration:none;white-space:pre">. Using the same assumptions with a decrease of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.24pt;position:var(--position);text-decoration:none;white-space:pre">(5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.9pt;position:var(--position);text-decoration:none;white-space:pre"> points </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.17pt;position:var(--position);text-decoration:none;white-space:pre">(5)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.16pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration (worst case scenario) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre">(1)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.03pt;position:var(--position);text-decoration:none;white-space:pre"> WACC and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.93pt;position:var(--position);text-decoration:none;white-space:pre">€(1)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.59pt;position:var(--position);text-decoration:none;white-space:pre"> share price would result in a change in the royalty </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:241.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certificates fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.02pt;position:var(--position);text-decoration:none;white-space:pre">€(1,104) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.77pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.77pt;position:var(--position);text-decoration:none;white-space:pre">€(2,311) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.52pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.52pt;position:var(--position);text-decoration:none;white-space:pre">€+612 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.74pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.17pt;position:var(--position);text-decoration:none;white-space:pre">€(1,325) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.92pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:263.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024, using the same assumptions with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336pt;position:var(--position);text-decoration:none;white-space:pre">+5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.63pt;position:var(--position);text-decoration:none;white-space:pre"> points of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.23pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.19pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration (best case </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:275.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scenario), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:77.61pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.57pt;position:var(--position);text-decoration:none;white-space:pre"> WACC and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.47pt;position:var(--position);text-decoration:none;white-space:pre">€+1</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.1pt;position:var(--position);text-decoration:none;white-space:pre"> share price would result in a change in the royalty certificates fair value by respectively €</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.63pt;position:var(--position);text-decoration:none;white-space:pre">572 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.22pt;position:var(--position);text-decoration:none;white-space:pre">, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.85pt;position:var(--position);text-decoration:none;white-space:pre">1,735 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.94pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.94pt;position:var(--position);text-decoration:none;white-space:pre">€(314) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.19pt;position:var(--position);text-decoration:none;white-space:pre"> and €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.25pt;position:var(--position);text-decoration:none;white-space:pre">1,160 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.34pt;position:var(--position);text-decoration:none;white-space:pre">. Using the same assumptions with a decrease of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.24pt;position:var(--position);text-decoration:none;white-space:pre">(5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.9pt;position:var(--position);text-decoration:none;white-space:pre"> points </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:297.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.17pt;position:var(--position);text-decoration:none;white-space:pre">(5)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.16pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration (worst case scenario) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.03999999999996pt;position:var(--position);text-decoration:none;white-space:pre">(1)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.03pt;position:var(--position);text-decoration:none;white-space:pre"> WACC and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.93pt;position:var(--position);text-decoration:none;white-space:pre">€(1)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.59pt;position:var(--position);text-decoration:none;white-space:pre"> share price would result in a change in the royalty </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:308.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certificates fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.02pt;position:var(--position);text-decoration:none;white-space:pre">€(572) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.27pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.27pt;position:var(--position);text-decoration:none;white-space:pre">€(2,527) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.02pt;position:var(--position);text-decoration:none;white-space:pre">, €+</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.65pt;position:var(--position);text-decoration:none;white-space:pre">332 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.24pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.67pt;position:var(--position);text-decoration:none;white-space:pre">€(1,160) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.42pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:331.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, using the same assumptions with an increase of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336pt;position:var(--position);text-decoration:none;white-space:pre">+5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.63pt;position:var(--position);text-decoration:none;white-space:pre"> points of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:410.23pt;position:var(--position);text-decoration:none;white-space:pre">+5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.19pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration (best case </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scenario) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre">+1%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:111pt;position:var(--position);text-decoration:none;white-space:pre"> WACC would result in a change in the royalty certificates fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.93pt;position:var(--position);text-decoration:none;white-space:pre">€+5810 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.15pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.15pt;position:var(--position);text-decoration:none;white-space:pre">€</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:353.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">+2830 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.22pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.65pt;position:var(--position);text-decoration:none;white-space:pre">€(4,940) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.4pt;position:var(--position);text-decoration:none;white-space:pre">. Using the same assumptions with a decrease of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.3pt;position:var(--position);text-decoration:none;white-space:pre">(5)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.96pt;position:var(--position);text-decoration:none;white-space:pre"> points of POS, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.56pt;position:var(--position);text-decoration:none;white-space:pre">(5)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.55pt;position:var(--position);text-decoration:none;white-space:pre"> of peak penetration </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:364.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(worst case scenario) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.76pt;position:var(--position);text-decoration:none;white-space:pre">(1)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.75pt;position:var(--position);text-decoration:none;white-space:pre"> WACC would result in a change in the royalty certificates fair value by respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.68pt;position:var(--position);text-decoration:none;white-space:pre">€(5,810) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.43pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:375.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€(5,590) thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.75pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.18pt;position:var(--position);text-decoration:none;white-space:pre">€+5,251 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.9pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.10. Change in financial liabilities<span id="i9405cec2ec7c4be98c07cac8c184a2de"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:433.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">Changes in financial liabilities, excluding derivative instruments, are presented below as of December 31, 2023, 2024 and 2025:</span></div><div style="position:var(--position);top:444.86pt;width:612pt"><div style="font-size:0pt;left:17pt;position:var(--position);width:558.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96.75pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96.75pt"><div><div style="line-height:7pt;position:var(--position);top:13.88pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:italic;font-weight:normal;left:2.9pt;position:var(--position);text-decoration:none;white-space:pre">(Amounts in thousands of euros) </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:44.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:9.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.73pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:19.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.96pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES (excluding </span></div><div style="line-height:8pt;position:var(--position);top:28.72pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.97pt;position:var(--position);text-decoration:none;white-space:pre">derivatives instruments)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Kreos 1 &amp; 2 </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.51pt;position:var(--position);text-decoration:none;white-space:pre">bond loans</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);text-decoration:none;white-space:pre">Oceane</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:2.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:11.85pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/</span></div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:12.24pt;position:var(--position);text-decoration:none;white-space:pre">Claret </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes </span></div><div style="line-height:7pt;position:var(--position);top:36.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:9.03pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Claret bond </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.97pt;position:var(--position);text-decoration:none;white-space:pre">loans </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">Heights </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:14.56pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.06pt;position:var(--position);text-decoration:none;white-space:pre">Conditional </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.15pt;position:var(--position);text-decoration:none;white-space:pre">advances </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:15.92pt;position:var(--position);text-decoration:none;white-space:pre">BPI</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.21pt;position:var(--position);text-decoration:none;white-space:pre">Lease </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.16pt;position:var(--position);text-decoration:none;white-space:pre">liabilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.09pt;position:var(--position);text-decoration:none;white-space:pre">Royalty </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);text-decoration:none;white-space:pre">certificates</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.78pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">12,982<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">19,957<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">4,838<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,783<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,384<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,287<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">49,231<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">23,119<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">35,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">58,119<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(11,635)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(23,238)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,188)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,250)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(110)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(573)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(38,993)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,278)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,602)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(818)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(525)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(43)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(12)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(5,278)</span></span></div></div></div></td></tr><tr style="height:50.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.09pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.69pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">classification of embedded </span></div><div style="line-height:8pt;position:var(--position);top:22.29pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derivatives as separate </span></div><div style="line-height:8pt;position:var(--position);top:31.89pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derivative financial </span></div><div style="line-height:8pt;position:var(--position);top:41.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,046)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,046)</span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:173.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derecognition</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">170<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,069<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(212)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,027<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">760<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,814<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,393<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">727<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">133<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">98<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,521<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">7,459<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">recognition of earn-out </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,005)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,005)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:17pt;position:var(--position);width:558.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96.75pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96.75pt"><div><div style="line-height:7pt;position:var(--position);top:13.88pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:italic;font-weight:normal;left:2.9pt;position:var(--position);text-decoration:none;white-space:pre">(Amounts in thousands of euros) </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:44.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:9.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.73pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:19.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.96pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES (excluding </span></div><div style="line-height:8pt;position:var(--position);top:28.72pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.97pt;position:var(--position);text-decoration:none;white-space:pre">derivatives instruments)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Kreos 1 &amp; 2 </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.51pt;position:var(--position);text-decoration:none;white-space:pre">bond loans</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);text-decoration:none;white-space:pre">Oceane</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:2.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:11.85pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/</span></div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:12.24pt;position:var(--position);text-decoration:none;white-space:pre">Claret </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes </span></div><div style="line-height:7pt;position:var(--position);top:36.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:9.03pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Claret bond </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.97pt;position:var(--position);text-decoration:none;white-space:pre">loans </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">Heights </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:14.56pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.06pt;position:var(--position);text-decoration:none;white-space:pre">Conditional </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.15pt;position:var(--position);text-decoration:none;white-space:pre">advances </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:15.92pt;position:var(--position);text-decoration:none;white-space:pre">BPI</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.21pt;position:var(--position);text-decoration:none;white-space:pre">Lease </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.16pt;position:var(--position);text-decoration:none;white-space:pre">liabilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.09pt;position:var(--position);text-decoration:none;white-space:pre">Royalty </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);text-decoration:none;white-space:pre">certificates</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.78pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(543)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,878<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,198)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,198)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">272<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">272<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">21,643<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">29,605<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,678<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,771<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">540<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">12,229<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">74,466<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">47,444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">47,444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(8,750)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,250)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,708)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(459)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(13,167)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,250)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,639)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,772)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(18)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(17)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(7,696)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">classification of embedded </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,204)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,204)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(590)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(590)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,977<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,800<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,714<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">77<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.46pt"></span></span><span style="left:36.09pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">61<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">4,198<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">15,834<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:249pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">remeasurement</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,404)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,404)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:279.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,367<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,367<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:300.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes : </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">subsidies </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(4,070)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(4,070)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes : Effect </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of the change in foreign </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">17<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">17<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:363.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">23,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">46,401<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">21,574<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,488<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,363<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">13,023<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:11.46pt"></span></span><span style="left:14.09pt;position:var(--position)">109,218<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:384.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(53,920)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,188)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,514)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(910)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(59,532)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:408.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,875)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,791)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(689)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(72)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(6,491)</span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:420.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derecognition</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,838<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,557)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,281<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:451.5pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,860<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">7,472<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">778<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">99<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">64<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,927<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">17,200<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:472.5pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">remeasurement</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:30.8pt"></span></span><span style="left:33.43pt;position:var(--position)">(7)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">11,286<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">11,278<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:503.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">36,002<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">36,002<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:524.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">conversion into shares</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(24,354)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(53,921)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(78,275)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:545.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.81pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.81pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:567pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes : Effect </span></div><div style="line-height:8pt;position:var(--position);top:13.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of the change in foreign </span></div><div style="line-height:8pt;position:var(--position);top:23.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">currency exchange rates</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(33)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(33)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:599.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,856<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">30,237<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">For the year ended December 31, 2023, proceeds from the issuance of the Kreos / Claret OCABSA are presented net of transaction </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">costs, amounting to </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.49pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€1,881 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.58pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">. Net proceeds from convertible loan notes of </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.99pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€55,841</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.49pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> disclosed in the Consolidated Statements of </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:92.96pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">Cash Flows also include transaction fees of (i) </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.57pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€750 thousands</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.05pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> related to the Kreos / Claret B and C tranches and recorded in prepaid </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">expenses (see Note 10) and (ii) </span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.53pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">€1,528 thousand</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.62pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> related to the Heights convertible notes.</span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">For the year ended December 31, 2023, repayments of the OCEANE are presented net of the repurchase of the conversion option, </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">value</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.629999999999995pt;position:var(--position);text-decoration:none;white-space:pre">d at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.83pt;position:var(--position);text-decoration:none;white-space:pre">€1,762 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre"> on the date of repayment, which is presented in Note 15.11. The aggregate repayment amounts to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:148.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:171.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the year ended December 31, 2024, proceeds from the issuance of the Kreos / Claret tranches B and C bond loans are presented </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">net of transaction costs and deposits (corresponding to the prepayments of half of the last debt installments on issuance date) included </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:193.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in the debt discount using the EIR method, and amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.89pt;position:var(--position);text-decoration:none;white-space:pre">€1,475 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.98pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.41pt;position:var(--position);text-decoration:none;white-space:pre">€1,081 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.5pt;position:var(--position);text-decoration:none;white-space:pre"> respectively. Net proceeds from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:204.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">non-convertible bond loans of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.68pt;position:var(--position);text-decoration:none;white-space:pre">€48,544</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.18pt;position:var(--position);text-decoration:none;white-space:pre"> thousand disclosed in the Unaudited Condensed Consolidated Statements of Cash Flows do not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">include transaction fees of (i) </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.56pt;position:var(--position);text-decoration:none;white-space:pre">€500 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.15pt;position:var(--position);text-decoration:none;white-space:pre"> related to the Kreos / Claret tranche A-B warrants classified as prepaid expenses as of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:249.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the year ended December 31,2025, repayments of the Kreos / Claret tranches B and C bond loans include end-of loan exit fees and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:260.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">future interests discounted at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.56pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.89pt;position:var(--position);text-decoration:none;white-space:pre"> rate, as per the terms of the prepayment option </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.05pt;position:var(--position);text-decoration:none;white-space:pre">(see Note 15.1).</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.11. Change in derivative instruments<span id="ie479f271640a417bac703cd042645514"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:304.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Changes in derivative instruments, are presented below as of December 31, 2023, 2024 and 2025 :</span></div><div style="position:var(--position);top:326.91pt;width:612pt"><div style="font-size:0pt;left:44pt;position:var(--position);width:534.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:24.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96pt"><div><div style="line-height:8pt;position:var(--position);top:4.5pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:7.68pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of </span></div><div style="line-height:8pt;position:var(--position);top:14.1pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:37.78pt;position:var(--position);text-decoration:none;white-space:pre">euros)</span></div></div></div></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12pt;position:var(--position);text-decoration:none;white-space:pre">Kreos A BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.22pt;position:var(--position);text-decoration:none;white-space:pre">Kreos B BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:19.57pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.78pt;position:var(--position);text-decoration:none;white-space:pre">OCEANE </span></div><div style="line-height:8pt;position:var(--position);top:29.17pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.56pt;position:var(--position);text-decoration:none;white-space:pre">conversion option</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.53pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.67pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.01pt;position:var(--position);text-decoration:none;white-space:pre">Minimal Return </span></div><div style="line-height:8pt;position:var(--position);top:33.97pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.01pt;position:var(--position);text-decoration:none;white-space:pre">Indemnifications</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:30pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DERIVATIVE </span></div><div style="line-height:8pt;position:var(--position);top:12pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:21.6pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">INSTRUMENTS</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">275<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">149<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">142<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">566<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Issuance</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:75.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,585<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,585<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">986<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">440<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:87.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,046<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:99.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,006)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,006)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Repurchases</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(489)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(339)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,762)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:111.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(2,591)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Exercises</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(771)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(250)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:123.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,021)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:135.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Issuance</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:156.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,158<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,158<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:168.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,462<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,462<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:180.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,413)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,413)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:192.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,620<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">4,786<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:213.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,935<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.71pt"></span></span><span style="left:44.34pt;position:var(--position)">29,935<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:225.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(3,620)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(3,620)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Repurchases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:237.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(4,427)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(4,427)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:249.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Exercises</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:249.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(26,674)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.05pt"></span></span><span style="left:41.68pt;position:var(--position)">(26,674)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:261.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:614.66pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:639.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Details related to these instruments' accounting treatments and terms and conditions are set forth in Notes 15.1 to 15.5.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:650.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The repurchases of the Kreos A&amp;B BSA (2023) and Kreos BSA (2025) were carried as part of the implementation of the cashless </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:661.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">exercises of these share warrants and were therefore not settled in cash.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.12. Breakdown of financial liabilities by maturity<span id="i93807e77712e4fd38fa20547dc122790"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:95.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following are the remaining contractual maturities of financial liabilities as of December 31, 2023, 2024 and 2025. The amounts </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are gross and undiscounted, and include contractual interest payments. </span></div><div style="position:var(--position);top:128.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:147pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:147pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.88pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);width:393pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:393pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:145.75pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:21pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.39pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.83pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.64pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.08pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">29,605</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">36,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">10,522<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:54pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">9,997<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">16,231<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes (OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">21,643</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,903<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:66pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">26,403<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">3,678</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:78pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">3,880<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:78pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:78pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">6,771</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">6,813<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">3,697<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:90pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,490<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:90pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,626<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">12,229</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:102pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:102pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.37pt;position:var(--position);text-decoration:none;white-space:pre">540</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">575<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">406<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:114pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.71pt"></span></span><span style="left:45.34pt;position:var(--position)">162<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:114pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.21pt"></span></span><span style="left:51.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">2,579</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:126pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:126pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">77,045</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">81,500<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">20,747<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:138pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:32.71pt"></span></span><span style="left:35.34pt;position:var(--position)">15,192<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:138pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">45,561<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:295.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:142.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:62.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.63pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);width:397.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:187.09pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.66pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.67pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.56pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.55pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.89pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.01pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.46pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:21pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.58pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.58pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">21,574<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">24,063<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">6,563<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:54pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.26pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes </span></div><div style="line-height:8pt;position:var(--position);top:11.86pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">23,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,653<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">19,943<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,460<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:66pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret bond loans</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">46,401<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:86.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">58,080<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">24,016<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">25,715<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,348<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:86.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,488<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:98.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,586<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:98.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates (1)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">13,023<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:110.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:110.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:110.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:122.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,363<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:122.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,512<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">993<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">996<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:122.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.96pt"></span></span><span style="left:44.59pt;position:var(--position)">516<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:122.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:134.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:134.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,166<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:134.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:134.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.71pt"></span></span><span style="left:34.34pt;position:var(--position)">114,004<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:146.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">122,680<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">38,468<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">56,698<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:146.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.96pt"></span></span><span style="left:34.59pt;position:var(--position)">27,507<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:146.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:470.81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:141.75pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.25pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);width:401.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:401.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:149.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.32pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.09pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:66pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,856<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:78pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:90.75pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:578.56pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:591.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The contractual cash flows above do not include potential future royalty payments related to the royalty certificates, amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.99pt;position:var(--position);text-decoration:none;white-space:pre">2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:570.32pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:602.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the future net sales of obefazimod (worldwide and for all indications). The amount of royalties that may be paid under the royalty </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:614.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certificates is capped at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.93pt;position:var(--position);text-decoration:none;white-space:pre">€172.0 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.78pt;position:var(--position);text-decoration:none;white-space:pre"> in the aggregate. Royalty payments are expected to take place before the expiry date of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:625.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">certificates, which is </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.86pt;position:var(--position);text-decoration:none;white-space:pre">15 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.44pt;position:var(--position);text-decoration:none;white-space:pre"> after their issuance date (September 2, 2037), and would be included in the "from 2 to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.88pt;position:var(--position);text-decoration:none;white-space:pre">5 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.46pt;position:var(--position);text-decoration:none;white-space:pre">" and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:636.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">"longer than 5 years" maturity categories according to management's projections.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41pt;position:var(--position);text-decoration:none;white-space:pre">Financial liabilities break down as follows:</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:101.66pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div><div style="position:var(--position);top:110.46pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:422.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:191.25pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:44.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES </span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.84pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret bond loans </span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">26,373<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">160<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,431<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">554<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,402<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,252<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,563<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,056<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">554<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret convertible notes (OCABSA)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,643<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">23,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Convertible loan notes</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,643<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">23,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret minimal return indemnifications </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,262<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">12,229<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">13,023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">15,491<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">13,023<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174.75pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total non-current financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">39,697<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">69,069<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">30,790<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:6.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:193.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret bond loans </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">20,028<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:193.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:205.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">379<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">932<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:205.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:217.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,276<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,235<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:217.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:229.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,655<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">22,195<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:229.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:241.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,605<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,574<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:241.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:253.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Convertible loan notes</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,605<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">21,574<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:253.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:265.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:265.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:277.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,509<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:277.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:289.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; Claret BSA</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:289.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:301.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:301.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:313.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total current financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">37,348<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">44,935<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:313.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,302<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:325.5pt;width:191.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:191.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:191.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">77,045<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:269.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">114,004<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:325.5pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 0 26373000 0 160000 1431000 554000 2402000 1252000 0 2563000 29056000 554000 21643000 23370000 0 21643000 23370000 0 0 3620000 0 0 3620000 0 3262000 0 0 12229000 13023000 30237000 15491000 13023000 30237000 39697000 69069000 30790000 0 20028000 0 379000 932000 1302000 1276000 1235000 0 1655000 22195000 1302000 29605000 21574000 0 29605000 21574000 0 3509000 0 0 3509000 0 0 2579000 1166000 0 2579000 1166000 0 37348000 44935000 1302000 77045000 114004000 32093000 75000000 7661000 3 25000000 25000000 21.2209 0.0900 0.04 0.080 25000000 0.10 25000000 0.10 125000000 0.075 0.025 0.04 2 0.04 0.060 1.00 214198 18.6744 0.10 405832 9.86 1.10 4000000 405832 0.50 0.50 P7Y 785389 16058000 94117 319251 19570000 206662 14198000 3620000 392695 8296000 33823000 29903000 1081000 0.04 2001000 3000000 16058000 8296000 -3838000 29985000 33823000 15143000 11531000 23995000 0.126 25000000 1005000 0.0100 624000 0.95 0.95 1.40 1.40 0.13 0.08 1959000 68000 2635000 136000 1066000 104000 1410000 241000 1615000 68000 2499000 136000 1683000 2636000 0.95 0.95 1.30 1.30 0.15 0.08 741000 0 1160000 43000 2948000 684000 3250000 903000 475000 0 941000 43000 475000 984000 13.40 0.603 0.619 0.026 0.028 12.94 0.601 0.599 0.030 0.031 0.01 1 0.01 0.05 0.01 4000 -30000 -3000 35000 -53000 0.01 1 0.01 0.05 0.01 4000 -16000 8000 46000 -13000 0.01 1 0.01 0.10 0.01 -1000 -3000 -3000 3000 -82000 2 P7Y 214198 214198 214198 18.67 18.67 18.67 17.10 9.82 6.76 0.50 0.95 0.95 0.719 0.652 0.595 0.649 0.443 0.443 0 0 0 0.0300 0.0230 0.029 0.029 2092000 920000 243000 405832 405832 405832 202915 202916 0 9.86 9.86 9.86 8.89 9.82 6.67 0.95 0.95 0.95 0.30 0.30 0.673 0.643 0.674 0.649 0.443 0.443 0 0 0 0.0300 0.0230 0.029 0.029 1493000 1659000 923000 0.01 1 0.01 0.05 P7Y 48000 197000 64000 64000 0.01 1 0.01 0.05 P7Y 28000 232000 42000 36000 0.01 1 0.01 0.05 P7Y 96000 401000 95000 76000 0.01 1 0.01 0.10 P7Y 37000 350000 61000 75000 75000000 2 35000000 350 100000 23.7674 0.40 40000000 400 100000 1.30 P3M 2 0.0600 16 P3M 0.90 P2D P5D 0.15 14.4303 100000 0.90 14.4303 13125000 1.20 25102000 150 200 21900000 920377 23.7674 2359000 2147000 1557000 2 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.62pt;position:var(--position);text-decoration:none;white-space:pre">The main data and assumptions are the following: </span><div style="position:var(--position);top:193.76pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:519pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:143.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:128.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:119.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:119.25pt"></td></tr><tr style="height:17.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes - August 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.82pt;position:var(--position);text-decoration:none;white-space:pre">AS OF AUGUST 24, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:17.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of outstanding notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:17.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:113.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:17.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:17.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:104.62pt;position:var(--position);text-decoration:none;white-space:pre">350</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Original principal amount (in thousands of </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">€)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:34.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:34.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:34.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">35,000</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:55.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:116.84pt;position:var(--position)"></span><span style="left:116.84pt;position:var(--position)">6</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:55.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:107.84pt;position:var(--position)"></span><span style="left:107.84pt;position:var(--position)">6</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:55.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:107.84pt;position:var(--position)"></span><span style="left:107.84pt;position:var(--position)">6</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conversion price per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:72.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:72.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:72.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€23.77</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Ordinary share price</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:90pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€16.74</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:98.62pt;position:var(--position);text-decoration:none;white-space:pre">€9.82</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:90pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:98.62pt;position:var(--position);text-decoration:none;white-space:pre">€6.76</span></div></div></div></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:107.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:10.43pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Maturity date</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:107.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.63pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.88pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event) 24/08/2027 </span></div><div style="line-height:8pt;position:var(--position);top:15.23pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.58pt;position:var(--position);text-decoration:none;white-space:pre">(HTM/voluntary conversion)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:27pt;left:277.5pt;overflow:hidden;position:var(--position);top:107.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.84pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.32pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event)</span></div><div style="line-height:8pt;position:var(--position);top:10.44pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2027 (HTM/voluntary </span></div><div style="line-height:8pt;position:var(--position);top:20.04pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.87pt;position:var(--position);text-decoration:none;white-space:pre">conversion)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:27pt;left:399.75pt;overflow:hidden;position:var(--position);top:107.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.84pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.32pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2025 (put event)</span></div><div style="line-height:8pt;position:var(--position);top:10.44pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:24.89pt;position:var(--position);text-decoration:none;white-space:pre">24/08/2027 (HTM/voluntary </span></div><div style="line-height:8pt;position:var(--position);top:20.04pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:78.87pt;position:var(--position);text-decoration:none;white-space:pre">conversion)</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:17.25pt;overflow:hidden;position:var(--position);top:134.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:0.76pt;width:143.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Held to maturity / voluntary conversion </span></div><div style="line-height:8pt;position:var(--position);top:10.36pt;width:143.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">scenario probability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:134.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">75</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:134.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">75</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:134.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">75</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:151.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Initial price limit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:151.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:103.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:151.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:151.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:94.62pt;position:var(--position);text-decoration:none;white-space:pre">€14.43</span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Early redemption amount (put event)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:168.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:108.84pt;position:var(--position)"></span><span style="left:108.84pt;position:var(--position)">120</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:168.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:99.84pt;position:var(--position)"></span><span style="left:99.84pt;position:var(--position)">120</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:168.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:99.84pt;position:var(--position)"></span><span style="left:99.84pt;position:var(--position)">120</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Volatility</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:186pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">50</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:186pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">50</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:186pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">50</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:203.25pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit spread</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:203.25pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.84pt;position:var(--position)"></span><span style="left:112.84pt;position:var(--position)">20</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:203.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">20</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:203.25pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:103.84pt;position:var(--position)"></span><span style="left:103.84pt;position:var(--position)">25</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:17.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:220.5pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Risk-free rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:220.5pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:110.84pt;position:var(--position)"></span><span style="left:110.84pt;position:var(--position)">2.9</span><span style="left:120.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:220.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:101.84pt;position:var(--position)"></span><span style="left:101.84pt;position:var(--position)">2.3</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:220.5pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.56pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:101.84pt;position:var(--position)"></span><span style="left:101.84pt;position:var(--position)">2.9</span><span style="left:111.84pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:143.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fair value of Heights convertible notes </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:143.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands of €)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:237.75pt;width:128.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:128.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:96.21pt"></span></span><span style="left:98.83999999999999pt;position:var(--position)">32,641<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:277.5pt;position:var(--position);top:237.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:87.21pt"></span></span><span style="left:89.83999999999999pt;position:var(--position)">27,456<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:399.75pt;position:var(--position);top:237.75pt;width:119.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:119.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:87.21pt"></span></span><span style="left:89.83999999999999pt;position:var(--position)">20,017<span style="display:inline-block;height:5.41pt;width:6.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 350 350 350 35000000 35000000000 35000000 0.06 0.06 0.06 23.77 23.77 23.77 16.74 9.82 6.76 0.75 0.75 0.75 14.43 14.43 14.43 1.20 1.20 1.20 0.50 0.50 0.50 0.20 0.20 0.25 0.029 0.023 0.029 32641000 27456000 20017000 0.01 1 0.01 0.01 239000 1069000 -239000 -80000 0.01 1 0.01 0.01 18000 352000 -366000 -364000 0.01 1 0.01 0.10 2000 39000 -219000 -631000 53921000 1262000 -36015000 20000000 16000000 4000000 2 10000000 464309 7661000 -170000 110957 74766 1 1 7.21 10.70 43070 43070 67887 31696 67887 31696 1850000 15000000 2 10000000 5000000 5000000 7661000 85000000 1964031 30.55 60000000 25000000 P18M P24M P36M 0.53 0.1400 31.50 1762000 0.0322 0.1398 16.74 0.37 0.01 1 0.01 80000 364000 121000 25102000 -3069000 P12M 0.0025 P5Y P5Y P1Y 0.0058 138000 377000 1264000 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances as of December 31, 2023, 2024 and 2025 are as </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.41pt;position:var(--position);text-decoration:none;white-space:pre">follows</span><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:347.39pt;position:var(--position);text-decoration:none;white-space:pre">:</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:165.06pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div><div style="position:var(--position);top:195.07pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:336pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:134.25pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:65.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CONDITIONAL ADVANCES</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:12pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.97pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.53pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.62pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RNP VIR – Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">4,232<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:42.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CARENA – Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">2,485<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:54.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">EBOLA – Bpifrance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">55<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:66.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total conditional advances</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">6,771<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:202.5pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:270.75pt;position:var(--position);top:78.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.21pt"></span></span><span style="left:53.84pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 4232000 0 0 2485000 0 0 55000 0 0 6771000 0 0 6300000 4032000 1756000 346000 1930000 1241000 0.60 2945000 1872000 3840000 2187000 1150000 1008000 29000 1068000 0.60 3255000 2251000 390000 300000 90000 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The variations in lease liabilities are set forth below:</span><div style="position:var(--position);top:133.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:301.5pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:56.84pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre"> LEASE LIABILITY</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:12pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">1,384<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:33pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">350<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:45pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.05pt"></span></span><span style="left:60.68pt;position:var(--position)">(1,194)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:57pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">540<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:78pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:90pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.05pt"></span></span><span style="left:66.67999999999999pt;position:var(--position)">(398)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:102pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">2,363<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:123pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.71pt"></span></span><span style="left:69.33999999999999pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:135pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.05pt"></span></span><span style="left:66.67999999999999pt;position:var(--position)">(950)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:147pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.71pt"></span></span><span style="left:63.34pt;position:var(--position)">1,856<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 1384000 350000 1194000 540000 2221000 398000 2363000 444000 950000 1856000 P3Y P2Y P1Y 622000 P3Y P2Y P2Y P6Y P6M P6Y P6Y 0.93 0.93 0.70 548000 730000 808000 498000 788000 744000 13000 61000 64000 334000 352000 349000 49162000 2 46231000 5530000 0.01 8.36 2931000 0.02 172000000 3280000 0.34 6421000 8942000 0.34 -3404000 4198000 794000 0.34 11286000 0.0005 0.05 809000 2616000 0.0005 0.05 -1712000 -4154000 12395000 7313000 102001000 0.075 0.0005 0.05 0.01 1 1104000 1757000 -577000 1325000 0.0005 0.05 0.01 1 -1104000 -2311000 612000 -1325000 0.0005 0.05 0.01 1 572000 1735000 -314000 1160000 0.0005 0.05 0.01 1 -572000 -2527000 332000 -1160000 0.0005 0.05 0.01 5810000 2830000 -4940000 0.0005 0.05 0.01 -5810000 -5590000 5251000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44pt;position:var(--position);text-decoration:none;white-space:pre">Changes in financial liabilities, excluding derivative instruments, are presented below as of December 31, 2023, 2024 and 2025:</span><div style="position:var(--position);top:444.86pt;width:612pt"><div style="font-size:0pt;left:17pt;position:var(--position);width:558.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96.75pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96.75pt"><div><div style="line-height:7pt;position:var(--position);top:13.88pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:italic;font-weight:normal;left:2.9pt;position:var(--position);text-decoration:none;white-space:pre">(Amounts in thousands of euros) </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:44.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:9.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.73pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:19.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.96pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES (excluding </span></div><div style="line-height:8pt;position:var(--position);top:28.72pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.97pt;position:var(--position);text-decoration:none;white-space:pre">derivatives instruments)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Kreos 1 &amp; 2 </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.51pt;position:var(--position);text-decoration:none;white-space:pre">bond loans</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);text-decoration:none;white-space:pre">Oceane</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:2.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:11.85pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/</span></div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:12.24pt;position:var(--position);text-decoration:none;white-space:pre">Claret </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes </span></div><div style="line-height:7pt;position:var(--position);top:36.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:9.03pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Claret bond </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.97pt;position:var(--position);text-decoration:none;white-space:pre">loans </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">Heights </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:14.56pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.06pt;position:var(--position);text-decoration:none;white-space:pre">Conditional </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.15pt;position:var(--position);text-decoration:none;white-space:pre">advances </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:15.92pt;position:var(--position);text-decoration:none;white-space:pre">BPI</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.21pt;position:var(--position);text-decoration:none;white-space:pre">Lease </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.16pt;position:var(--position);text-decoration:none;white-space:pre">liabilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.09pt;position:var(--position);text-decoration:none;white-space:pre">Royalty </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);text-decoration:none;white-space:pre">certificates</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.78pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">12,982<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">19,957<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">4,838<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,783<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,384<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,287<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">49,231<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">23,119<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">35,000<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">58,119<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(11,635)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(23,238)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,188)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,250)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(110)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(573)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:99pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(38,993)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,278)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,602)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(818)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(525)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(43)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(12)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:111pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(5,278)</span></span></div></div></div></td></tr><tr style="height:50.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.09pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.69pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">classification of embedded </span></div><div style="line-height:8pt;position:var(--position);top:22.29pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derivatives as separate </span></div><div style="line-height:8pt;position:var(--position);top:31.89pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derivative financial </span></div><div style="line-height:8pt;position:var(--position);top:41.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,046)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:123pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:22.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,046)</span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:173.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derecognition</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">170<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,069<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(212)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:173.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,027<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">760<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,814<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,393<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">727<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">133<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">98<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,521<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:204pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">7,459<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">recognition of earn-out </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">liability</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,005)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:225pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,005)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:17pt;position:var(--position);width:558.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96.75pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:43.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96.75pt"><div><div style="line-height:7pt;position:var(--position);top:13.88pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:italic;font-weight:normal;left:2.9pt;position:var(--position);text-decoration:none;white-space:pre">(Amounts in thousands of euros) </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:44.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:9.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.73pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:19.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.96pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES (excluding </span></div><div style="line-height:8pt;position:var(--position);top:28.72pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.97pt;position:var(--position);text-decoration:none;white-space:pre">derivatives instruments)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Kreos 1 &amp; 2 </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.51pt;position:var(--position);text-decoration:none;white-space:pre">bond loans</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.68pt;position:var(--position);text-decoration:none;white-space:pre">Oceane</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:2.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:11.85pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/</span></div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:12.24pt;position:var(--position);text-decoration:none;white-space:pre">Claret </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes </span></div><div style="line-height:7pt;position:var(--position);top:36.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.85pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:9.03pt;position:var(--position);text-decoration:none;white-space:pre">Kreos &amp; </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:3.78pt;position:var(--position);text-decoration:none;white-space:pre">Claret bond </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.97pt;position:var(--position);text-decoration:none;white-space:pre">loans </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.29pt;position:var(--position);text-decoration:none;white-space:pre">Heights </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);text-decoration:none;white-space:pre">convertible </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.98pt;position:var(--position);text-decoration:none;white-space:pre">notes</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:14.56pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:11.16pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:4.06pt;position:var(--position);text-decoration:none;white-space:pre">Conditional </span></div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.15pt;position:var(--position);text-decoration:none;white-space:pre">advances </span></div><div style="line-height:7pt;position:var(--position);top:27.96pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:15.92pt;position:var(--position);text-decoration:none;white-space:pre">BPI</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.21pt;position:var(--position);text-decoration:none;white-space:pre">Lease </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:8.16pt;position:var(--position);text-decoration:none;white-space:pre">liabilities</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:15.36pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:10.09pt;position:var(--position);text-decoration:none;white-space:pre">Royalty </span></div><div style="line-height:7pt;position:var(--position);top:23.76pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:5.45pt;position:var(--position);text-decoration:none;white-space:pre">certificates</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:21.75pt;width:43.5pt"><div><div style="line-height:7pt;position:var(--position);top:19.56pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:7pt;font-style:normal;font-weight:bold;left:13.78pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(543)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,421<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:66pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,878<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,198)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:87pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,198)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">272<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:108pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">272<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">21,643<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">29,605<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,678<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">6,771<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">540<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">12,229<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:129pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">74,466<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">47,444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:150pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">47,444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(8,750)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,250)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,708)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(459)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:162pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(13,167)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,250)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,639)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,772)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(18)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(17)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:174pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(7,696)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">classification of embedded </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,204)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:186pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,204)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(590)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:207pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(590)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,977<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,800<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,714<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">77<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:33.46pt"></span></span><span style="left:36.09pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">61<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">4,198<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:228pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">15,834<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:249pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">remeasurement</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,404)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:249pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,404)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:279.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,367<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:279.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,367<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:300.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes : </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">subsidies </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(4,070)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:300.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(4,070)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:321.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,221<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.63pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes : Effect </span></div><div style="line-height:8pt;position:var(--position);top:12.23pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of the change in foreign </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">17<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:342.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">17<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:363.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">23,370<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">46,401<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">21,574<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,488<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,363<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">13,023<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:363.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:11.46pt"></span></span><span style="left:14.09pt;position:var(--position)">109,218<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:384.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Proceeds</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:384.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Repayments </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(53,920)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,188)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(2,514)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(910)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:396.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(59,532)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:408.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,875)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(3,791)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.8pt"></span></span><span style="left:25.43pt;position:var(--position)">(689)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(72)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:408.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(6,491)</span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:420.75pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: (gain)/</span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">loss on recognition or </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">derecognition</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">3,838<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:16.8pt"></span></span><span style="left:19.43pt;position:var(--position)">(1,557)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:420.75pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,281<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:451.5pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: interest </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">expense and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">2,860<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">7,472<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">778<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">99<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">64<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">5,927<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:451.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">17,200<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:472.5pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.79pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.39pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">amortized cost </span></div><div style="line-height:8pt;position:var(--position);top:21.99pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">remeasurement</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:30.8pt"></span></span><span style="left:33.43pt;position:var(--position)">(7)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">11,286<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:472.5pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">11,278<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:503.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: other </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">fair value remeasurement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">36,002<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:503.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">36,002<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:524.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.64pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.24pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">conversion into shares</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(24,354)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(53,921)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:524.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.43pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:12.8pt"></span></span><span style="left:15.43pt;position:var(--position)">(78,275)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:545.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.81pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes: </span></div><div style="line-height:8pt;position:var(--position);top:12.81pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">additional leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:545.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:25.46pt"></span></span><span style="left:28.09pt;position:var(--position)">444<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:567pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non cash changes : Effect </span></div><div style="line-height:8pt;position:var(--position);top:13.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">of the change in foreign </span></div><div style="line-height:8pt;position:var(--position);top:23.49pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">currency exchange rates</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(33)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:567pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.06pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:26.8pt"></span></span><span style="left:29.43pt;position:var(--position)">(33)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:599.25pt;width:96.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.52pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:96.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:143.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:189.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:236.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:29.46pt"></span></span><span style="left:32.09pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:422.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:19.46pt"></span></span><span style="left:22.09pt;position:var(--position)">1,856<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:468.75pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">30,237<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:515.25pt;position:var(--position);top:599.25pt;width:43.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.87pt;width:43.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:15.46pt"></span></span><span style="left:18.09pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div></div> 12982000 19957000 0 0 0 4838000 6783000 1384000 3287000 49231000 0 0 23119000 0 35000000 0 0 0 0 58119000 11635000 23238000 0 0 2188000 1250000 110000 573000 0 38993000 2278000 1602000 818000 0 525000 43000 0 12000 0 5278000 0 0 -1046000 0 0 0 0 0 0 -1046000 170000 3069000 0 0 -212000 0 0 0 0 3027000 760000 1814000 1393000 0 727000 133000 98000 12000 2521000 7459000 0 0 -1005000 0 0 0 0 0 0 -1005000 0 0 0 0 0 0 0 -543000 6421000 5878000 0 0 0 0 -3198000 0 0 0 0 -3198000 0 0 0 0 0 0 0 272000 0 272000 0 0 21643000 0 29605000 3678000 6771000 540000 12229000 74466000 0 0 0 47444000 0 0 0 0 0 47444000 0 0 0 0 8750000 1250000 2708000 459000 0 13167000 0 0 2250000 3639000 1772000 18000 0 17000 0 7696000 0 0 0 -3204000 0 0 0 0 0 -3204000 0 0 0 0 -590000 0 0 0 0 -590000 0 0 3977000 5800000 1714000 77000 7000 61000 4198000 15834000 0 0 0 0 0 0 0 0 -3404000 -3404000 0 0 0 0 1367000 0 0 0 0 1367000 0 0 0 0 0 0 -4070000 0 0 -4070000 0 0 0 0 0 0 0 2221000 0 2221000 0 0 0 0 0 0 0 17000 0 17000 0 0 23370000 46401000 21574000 2488000 0 2363000 13023000 109218000 0 0 0 0 0 0 0 0 0 0 0 0 0 53920000 2188000 2514000 0 910000 0 59532000 0 0 1875000 3791000 689000 72000 0 64000 0 6491000 0 0 0 3838000 -1557000 0 0 0 0 2281000 0 0 2860000 7472000 778000 99000 0 64000 5927000 17200000 0 0 0 0 0 0 0 -7000 11286000 11278000 0 0 0 0 36002000 0 0 0 0 36002000 0 0 -24354000 0 -53921000 0 0 0 0 -78275000 0 0 0 0 0 0 0 444000 0 444000 0 0 0 0 0 0 0 -33000 0 -33000 0 0 0 0 0 0 0 1856000 30237000 32093000 1881000 55841000 750000 1528000 1762000 25000000 1475000 1081000 48544000 500000 0.04 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Changes in derivative instruments, are presented below as of December 31, 2023, 2024 and 2025 :</span><div style="position:var(--position);top:326.91pt;width:612pt"><div style="font-size:0pt;left:44pt;position:var(--position);width:534.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:96pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:24.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:96pt"><div><div style="line-height:8pt;position:var(--position);top:4.5pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:7.68pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of </span></div><div style="line-height:8pt;position:var(--position);top:14.1pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:37.78pt;position:var(--position);text-decoration:none;white-space:pre">euros)</span></div></div></div></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12pt;position:var(--position);text-decoration:none;white-space:pre">Kreos A BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.22pt;position:var(--position);text-decoration:none;white-space:pre">Kreos B BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:19.57pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.78pt;position:var(--position);text-decoration:none;white-space:pre">OCEANE </span></div><div style="line-height:8pt;position:var(--position);top:29.17pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.56pt;position:var(--position);text-decoration:none;white-space:pre">conversion option</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);width:75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.53pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret BSA</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.67pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.01pt;position:var(--position);text-decoration:none;white-space:pre">Minimal Return </span></div><div style="line-height:8pt;position:var(--position);top:33.97pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.01pt;position:var(--position);text-decoration:none;white-space:pre">Indemnifications</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25.77pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td></tr><tr style="height:30pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:24.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.4pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DERIVATIVE </span></div><div style="line-height:8pt;position:var(--position);top:12pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL </span></div><div style="line-height:8pt;position:var(--position);top:21.6pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">INSTRUMENTS</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">275<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">149<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">142<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:54.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">566<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Issuance</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:75.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,585<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:75.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,585<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">986<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:51.71pt"></span></span><span style="left:54.34pt;position:var(--position)">440<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:87.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:87.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,046<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:99.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,006)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:99.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,006)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Repurchases</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(489)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(339)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,762)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:111.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(2,591)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Exercises</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(771)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.05pt"></span></span><span style="left:51.68pt;position:var(--position)">(250)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:123.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:123.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,021)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:135.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,579<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Issuance</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:156.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,158<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">2,158<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:168.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,462<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:168.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">1,462<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:180.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,413)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:180.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(1,413)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:192.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,166<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">3,620<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:192.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">4,786<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(+) Increase in fair value</span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:213.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">29,935<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:213.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.71pt"></span></span><span style="left:44.34pt;position:var(--position)">29,935<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Decrease in fair value</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:225.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(3,620)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(3,620)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Repurchases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:237.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(4,427)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:237.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:43.05pt"></span></span><span style="left:45.68pt;position:var(--position)">(4,427)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:249.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(-) Exercises</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:249.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(26,674)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:249.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.05pt"></span></span><span style="left:41.68pt;position:var(--position)">(26,674)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261.75pt;width:96pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:96pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:96pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:168.75pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:261.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:392.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:465pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:55.71pt"></span></span><span style="left:58.34pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 275000 149000 142000 0 0 566000 0 0 0 3585000 0 3585000 986000 440000 1620000 0 0 3046000 0 0 0 1006000 0 1006000 489000 339000 1762000 0 0 2591000 771000 250000 0 0 0 1021000 0 0 0 2579000 0 2579000 0 0 0 0 2158000 2158000 0 0 0 0 1462000 1462000 0 0 0 1413000 0 1413000 0 0 0 1166000 3620000 4786000 0 0 0 29935000 0 29935000 0 0 0 0 3620000 3620000 0 0 0 4427000 0 4427000 0 0 0 26674000 0 26674000 0 0 0 0 0 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following are the remaining contractual maturities of financial liabilities as of December 31, 2023, 2024 and 2025. The amounts </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are gross and undiscounted, and include contractual interest payments. </span></div><div style="position:var(--position);top:128.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:147pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:147pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.88pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);width:393pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:393pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:145.75pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:21pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.39pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.83pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.64pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.08pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">29,605</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">36,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">10,522<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:54pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">9,997<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">16,231<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes (OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">21,643</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,903<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:66pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">26,403<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">3,678</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:78pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">3,880<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:78pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:78pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">6,771</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">6,813<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">3,697<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:90pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,490<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:90pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,626<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">12,229</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:102pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:102pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.37pt;position:var(--position);text-decoration:none;white-space:pre">540</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">575<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">406<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:114pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.71pt"></span></span><span style="left:45.34pt;position:var(--position)">162<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:114pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.21pt"></span></span><span style="left:51.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">2,579</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:126pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:126pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">77,045</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">81,500<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">20,747<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:138pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:32.71pt"></span></span><span style="left:35.34pt;position:var(--position)">15,192<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:138pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">45,561<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:295.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:142.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:62.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.63pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);width:397.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:187.09pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.66pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.67pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.56pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.55pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.89pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.01pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.46pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:21pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.58pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.58pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">21,574<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">24,063<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">6,563<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:54pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.26pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes </span></div><div style="line-height:8pt;position:var(--position);top:11.86pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">23,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,653<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">19,943<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,460<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:66pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret bond loans</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">46,401<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:86.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">58,080<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">24,016<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">25,715<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,348<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:86.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,488<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:98.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,586<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:98.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates (1)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">13,023<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:110.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:110.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:110.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:122.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,363<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:122.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,512<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">993<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">996<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:122.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.96pt"></span></span><span style="left:44.59pt;position:var(--position)">516<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:122.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:134.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:134.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,166<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:134.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:134.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.71pt"></span></span><span style="left:34.34pt;position:var(--position)">114,004<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:146.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">122,680<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">38,468<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">56,698<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:146.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.96pt"></span></span><span style="left:34.59pt;position:var(--position)">27,507<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:146.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:470.81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:141.75pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.25pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);width:401.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:401.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:149.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.32pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.09pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:66pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,856<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:78pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:90.75pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The following are the remaining contractual maturities of financial liabilities as of December 31, 2023, 2024 and 2025. The amounts </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:107.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">are gross and undiscounted, and include contractual interest payments. </span></div><div style="position:var(--position);top:128.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:147pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:147pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.88pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);width:393pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:393pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:145.75pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2023</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:21pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.39pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.83pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.64pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.08pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">29,605</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">36,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">10,522<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:54pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">9,997<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">16,231<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:54pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes (OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">21,643</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,903<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:66pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">26,403<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">3,678</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:78pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">3,880<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:78pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:78pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Conditional advances Bpifrance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">6,771</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:90pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">6,813<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">3,697<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:90pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:36.71pt"></span></span><span style="left:39.34pt;position:var(--position)">1,490<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:90pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.21pt"></span></span><span style="left:37.84pt;position:var(--position)">1,626<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">12,229</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:102pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:102pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:102pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:102pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.37pt;position:var(--position);text-decoration:none;white-space:pre">540</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:114pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">575<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">406<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:114pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:42.71pt"></span></span><span style="left:45.34pt;position:var(--position)">162<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:114pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.21pt"></span></span><span style="left:51.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:114pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:42.37pt;position:var(--position);text-decoration:none;white-space:pre">2,579</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:126pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">2,579<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:126pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.71pt"></span></span><span style="left:49.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:126pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.21pt"></span></span><span style="left:47.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:126pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:147pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:147pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.37pt;position:var(--position);text-decoration:none;white-space:pre">77,045</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216pt;position:var(--position);top:138pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">81,500<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:288pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">20,747<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:354pt;position:var(--position);top:138pt;width:60.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:32.71pt"></span></span><span style="left:35.34pt;position:var(--position)">15,192<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:138pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.21pt"></span></span><span style="left:33.84pt;position:var(--position)">45,561<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:138pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:295.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:142.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:62.25pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.63pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);width:397.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:187.09pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:397.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:160.66pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.67pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:21pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.2pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.96pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.56pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.55pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:21pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.89pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.33pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:21pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.01pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.46pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:21pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.8pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.58pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.58pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Heights convertible notes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">21,574<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:54pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">24,063<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:54pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">8,750<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:54pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">6,563<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:54pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.26pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret convertible notes </span></div><div style="line-height:8pt;position:var(--position);top:11.86pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(OCABSA)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">23,370<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:66pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">30,653<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,250<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:66pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">19,943<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:66pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,460<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:66pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:86.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Kreos/Claret bond loans</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">46,401<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:86.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:40.96pt"></span></span><span style="left:43.59pt;position:var(--position)">58,080<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">24,016<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:86.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">25,715<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:86.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">8,348<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:86.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:98.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">PGE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,488<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:98.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,586<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:98.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,293<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:98.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:98.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates (1)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">13,023<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:110.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.96pt"></span></span><span style="left:57.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:110.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:110.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.96pt"></span></span><span style="left:48.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:110.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:122.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">2,363<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:122.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">2,512<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">993<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:122.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:45.71pt"></span></span><span style="left:48.34pt;position:var(--position)">996<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:122.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:41.96pt"></span></span><span style="left:44.59pt;position:var(--position)">516<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:122.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:134.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative instruments</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:134.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">4,786<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:39.71pt"></span></span><span style="left:42.34pt;position:var(--position)">1,166<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:134.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:49.71pt"></span></span><span style="left:52.34pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:134.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:35.96pt"></span></span><span style="left:38.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:134.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:142.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:142.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:145.5pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.71pt"></span></span><span style="left:34.34pt;position:var(--position)">114,004<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:212.25pt;position:var(--position);top:146.25pt;width:69pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:36.96pt"></span></span><span style="left:39.59pt;position:var(--position)">122,680<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:284.25pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">38,468<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351pt;position:var(--position);top:146.25pt;width:63.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:35.71pt"></span></span><span style="left:38.34pt;position:var(--position)">56,698<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:417.75pt;position:var(--position);top:146.25pt;width:60pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:31.96pt"></span></span><span style="left:34.59pt;position:var(--position)">27,507<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480.75pt;position:var(--position);top:146.25pt;width:62.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:62.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">7<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:470.81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:543pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:141.75pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:63pt"></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.25pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td colspan="11" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);width:401.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:401.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:149.88pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:21pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CURRENT AND NON-CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">FINANCIAL LIABILITIES</span></div></div></div></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.95pt;position:var(--position);text-decoration:none;white-space:pre">GROSS </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.29pt;position:var(--position);text-decoration:none;white-space:pre">AMOUNT </span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:21pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.32pt;position:var(--position);text-decoration:none;white-space:pre">CONTRACTUAL </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.09pt;position:var(--position);text-decoration:none;white-space:pre">CASH FLOWS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.18pt;position:var(--position);text-decoration:none;white-space:pre">LESS THAN 1 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.18pt;position:var(--position);text-decoration:none;white-space:pre">YEAR</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 1 TO 2 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.51pt;position:var(--position);text-decoration:none;white-space:pre">FROM 2 TO 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td rowspan="2" style="font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:21pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:5.17pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.18pt;position:var(--position);text-decoration:none;white-space:pre">LONGER </span></div><div style="line-height:8pt;position:var(--position);top:14.77pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.95pt;position:var(--position);text-decoration:none;white-space:pre">THAN 5 </span></div><div style="line-height:8pt;position:var(--position);top:24.37pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.96pt;position:var(--position);text-decoration:none;white-space:pre">YEARS </span></div></div></div></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">30,237<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:66pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:66pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,856<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:78pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:78pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3.31pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:141.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:141.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total financial liabilities </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141.75pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:34.96pt"></span></span><span style="left:37.59pt;position:var(--position)">32,093<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207.75pt;position:var(--position);top:90.75pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:47.21pt"></span></span><span style="left:49.84pt;position:var(--position)">1,906<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:38.96pt"></span></span><span style="left:41.59pt;position:var(--position)">1,340<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:348pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">450<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.96pt"></span></span><span style="left:47.59pt;position:var(--position)">116<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:90.75pt;width:63pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:63pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.96pt"></span></span><span style="left:51.59pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 29605000 36750000 10522000 9997000 16231000 0 21643000 30903000 2250000 2250000 26403000 0 3678000 3880000 1293000 1293000 1293000 0 6771000 6813000 3697000 1490000 1626000 0 12229000 0 0 0 0 0 540000 575000 406000 162000 7000 0 2579000 2579000 2579000 0 0 0 77045000 81500000 20747000 15192000 45561000 0 21574000 24063000 8750000 8750000 6563000 0 23370000 30653000 2250000 19943000 8460000 0 46401000 58080000 24016000 25715000 8348000 0 2488000 2586000 1293000 1293000 0 0 13023000 0 0 0 0 0 2363000 2512000 993000 996000 516000 7000 4786000 4786000 1166000 0 3620000 0 114004000 122680000 38468000 56698000 27507000 7000 30237000 0 0 0 0 0 1856000 1906000 1340000 450000 116000 0 32093000 1906000 1340000 450000 116000 0 0.02 172000000.0 P15Y <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Retirement benefit obligations</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Retirement benefit obligations include the liability for the defined benefit plan, measured based on the provisions stipulated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:102.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">under the applicable collective agreements, i.e. the French pharmaceutical industry’s collective agreement. This commitment </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">only applies to employees subject to French law. </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.28pt;position:var(--position);text-decoration:none;white-space:pre">The main actuarial assumptions used to measure the retirement benefit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">obligations are as follows:</span></div><div style="position:var(--position);top:150.36pt;width:612pt"><div style="font-size:0pt;left:42pt;position:var(--position);width:480.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:159.75pt"></td><td style="padding:0;width:105pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:105pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:105pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ACTUARIAL ASSUMPTIONS</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retirement age</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">63 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">64 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">64 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:61.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collective agreement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Discount Rate (IBoxx Corporates AA)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">0.90%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">3.34%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">3.70%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Mortality rate table</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td></tr><tr style="height:42pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:17.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Salary increase rate</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:11.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:6.04pt;position:var(--position);text-decoration:none;white-space:pre">3%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:18.03pt;position:var(--position);white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:23.1pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:3.79pt;position:var(--position);text-decoration:none;white-space:pre">2.55%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.029999999999998pt;position:var(--position);white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:11.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:6.04pt;position:var(--position);text-decoration:none;white-space:pre">3%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:18.03pt;position:var(--position);white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:23.1pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:3.79pt;position:var(--position);text-decoration:none;white-space:pre">2.55%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.029999999999998pt;position:var(--position);white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:17.47pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:41.82pt;position:var(--position);text-decoration:none;white-space:pre">3.00%</span></div></div></div></td></tr><tr style="height:56.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:25.06pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Turnover rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:13.35pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.3pt;position:var(--position);white-space:pre">Decreasing from </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:67.72pt;position:var(--position);text-decoration:none;white-space:pre">5.80%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:90.96pt;position:var(--position);white-space:pre"> at </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:24.6pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.91pt;position:var(--position);white-space:pre">20 years-old to </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:59.120000000000005pt;position:var(--position);text-decoration:none;white-space:pre">0.05%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:82.36pt;position:var(--position);white-space:pre"> from </span></div><div style="line-height:9pt;position:var(--position);top:35.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.14pt;position:var(--position);white-space:pre">55 years-old</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:7.72pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:9.68pt;position:var(--position);white-space:pre">Decreasing rates by age </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:18.97pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:13.16pt;position:var(--position);white-space:pre">and </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.4pt;position:var(--position);text-decoration:none;white-space:pre">zero</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.870000000000005pt;position:var(--position);white-space:pre"> from age 55, </span></div><div style="line-height:9pt;position:var(--position);top:30.22pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.18pt;position:var(--position);white-space:pre">generating an average exit </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:41.47pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:11.66pt;position:var(--position);white-space:pre">rate for 2025 of </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:70.1pt;position:var(--position);text-decoration:none;white-space:pre">2.05%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:7.72pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:9.68pt;position:var(--position);white-space:pre">Decreasing rates by age </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:18.97pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:13.16pt;position:var(--position);white-space:pre">and </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.4pt;position:var(--position);text-decoration:none;white-space:pre">zero</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.870000000000005pt;position:var(--position);white-space:pre"> from age 55, </span></div><div style="line-height:9pt;position:var(--position);top:30.22pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.18pt;position:var(--position);white-space:pre">generating an average exit </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:41.47pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:10.53pt;position:var(--position);white-space:pre">rate for 2025 of </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:68.97pt;position:var(--position);text-decoration:none;white-space:pre">2.02%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:92.21000000000001pt;position:var(--position);white-space:pre">.</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195.75pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee contribution rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:374.41pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Changes in the projected benefit obligation for the periods presented were as follows:</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:393.71pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:402.51pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:321.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:153.75pt"></td><td style="padding:0;width:168pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:39.67pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);width:168pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.72pt;position:var(--position);text-decoration:none;white-space:pre">RETIREMENT BENEFIT OBLIGATIONS</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:12pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">610<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Service cost </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:33pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">109<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.56pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:45pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.56pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">23<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:56.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:56.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:147.3pt"></span></span><span style="left:149.93pt;position:var(--position)">(112)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:68.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">629<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Service cost </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:89.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">115<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:101.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:113.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Benefits paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:113.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:151.3pt"></span></span><span style="left:153.93pt;position:var(--position)">(41)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:125.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:125.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">31<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:137.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:137.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">756<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:158.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current service cost </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:158.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:170.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Past services cost</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:170.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:147.3pt"></span></span><span style="left:149.93pt;position:var(--position)">(205)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:182.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:182.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">29<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:194.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:194.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:151.3pt"></span></span><span style="left:153.93pt;position:var(--position)">(93)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:206.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:206.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">627<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:642.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Employees in the U.S. benefit from defined contribution plans (401(k)).</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.28pt;position:var(--position);text-decoration:none;white-space:pre">The main actuarial assumptions used to measure the retirement benefit </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.36pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">obligations are as follows:</span></div><div style="position:var(--position);top:150.36pt;width:612pt"><div style="font-size:0pt;left:42pt;position:var(--position);width:480.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:159.75pt"></td><td style="padding:0;width:105pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:105pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:105pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ACTUARIAL ASSUMPTIONS</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);width:105pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:30.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.31pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retirement age</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">63 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">64 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:30.75pt;width:105pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:7.51pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:3.09pt;position:var(--position);text-decoration:none;white-space:pre">65 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:29.96pt;position:var(--position);text-decoration:none;white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:17.11pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:6.09pt;position:var(--position);text-decoration:none;white-space:pre">64 years</span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre"> for other employees</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:61.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collective agreement</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:61.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:13.75pt;position:var(--position);text-decoration:none;white-space:pre">Pharmaceutical industry</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Discount Rate (IBoxx Corporates AA)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">0.90%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">3.34%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:73.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:43.11pt;position:var(--position);text-decoration:none;white-space:pre">3.70%</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Mortality rate table</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:85.5pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:22.85pt;position:var(--position);text-decoration:none;white-space:pre">INSEE 2016-2018 </span></div></div></div></td></tr><tr style="height:42pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:17.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Salary increase rate</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:11.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:6.04pt;position:var(--position);text-decoration:none;white-space:pre">3%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:18.03pt;position:var(--position);white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:23.1pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:3.79pt;position:var(--position);text-decoration:none;white-space:pre">2.55%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.029999999999998pt;position:var(--position);white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:11.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:6.04pt;position:var(--position);text-decoration:none;white-space:pre">3%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:18.03pt;position:var(--position);white-space:pre"> for key management / </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:23.1pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:3.79pt;position:var(--position);text-decoration:none;white-space:pre">2.55%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:27.029999999999998pt;position:var(--position);white-space:pre"> for other employees</span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:97.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:17.47pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:41.82pt;position:var(--position);text-decoration:none;white-space:pre">3.00%</span></div></div></div></td></tr><tr style="height:56.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:25.06pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Turnover rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:13.35pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.3pt;position:var(--position);white-space:pre">Decreasing from </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:67.72pt;position:var(--position);text-decoration:none;white-space:pre">5.80%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:90.96pt;position:var(--position);white-space:pre"> at </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:24.6pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.91pt;position:var(--position);white-space:pre">20 years-old to </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:59.120000000000005pt;position:var(--position);text-decoration:none;white-space:pre">0.05%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:82.36pt;position:var(--position);white-space:pre"> from </span></div><div style="line-height:9pt;position:var(--position);top:35.85pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:30.14pt;position:var(--position);white-space:pre">55 years-old</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:7.72pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:9.68pt;position:var(--position);white-space:pre">Decreasing rates by age </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:18.97pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:13.16pt;position:var(--position);white-space:pre">and </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.4pt;position:var(--position);text-decoration:none;white-space:pre">zero</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.870000000000005pt;position:var(--position);white-space:pre"> from age 55, </span></div><div style="line-height:9pt;position:var(--position);top:30.22pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.18pt;position:var(--position);white-space:pre">generating an average exit </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:41.47pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:11.66pt;position:var(--position);white-space:pre">rate for 2025 of </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:70.1pt;position:var(--position);text-decoration:none;white-space:pre">2.05%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:139.5pt;width:105pt"><div><div style="line-height:9pt;position:var(--position);top:7.72pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:9.68pt;position:var(--position);white-space:pre">Decreasing rates by age </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:18.97pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:13.16pt;position:var(--position);white-space:pre">and </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.4pt;position:var(--position);text-decoration:none;white-space:pre">zero</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.870000000000005pt;position:var(--position);white-space:pre"> from age 55, </span></div><div style="line-height:9pt;position:var(--position);top:30.22pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:5.18pt;position:var(--position);white-space:pre">generating an average exit </span></div><div style="font-size:12pt;line-height:9pt;position:var(--position);top:41.47pt;width:105pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:10.53pt;position:var(--position);white-space:pre">rate for 2025 of </span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:68.97pt;position:var(--position);text-decoration:none;white-space:pre">2.02%</span><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:92.21000000000001pt;position:var(--position);white-space:pre">.</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195.75pt;width:159.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:159.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee contribution rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:159.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:267.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:375.75pt;position:var(--position);top:195.75pt;width:105pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:105pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:46.11pt;position:var(--position);text-decoration:none;white-space:pre">45%</span></div></div></div></td></tr></tbody></table></div></div></div> P65Y P63Y P65Y P64Y P65Y P64Y 0.0090 0.0334 0.0370 0.03 0.0255 0.03 0.0255 0.0300 0.0580 0.0005 0 0.0205 0 0.0202 0.45 0.45 0.45 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Changes in the projected benefit obligation for the periods presented were as follows:</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:393.71pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:402.51pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:321.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:153.75pt"></td><td style="padding:0;width:168pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:39.67pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);width:168pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.72pt;position:var(--position);text-decoration:none;white-space:pre">RETIREMENT BENEFIT OBLIGATIONS</span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">JANUARY 1, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:12pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">610<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Service cost </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:33pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">109<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:11.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.56pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:45pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.56pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">23<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:56.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:56.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:147.3pt"></span></span><span style="left:149.93pt;position:var(--position)">(112)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:68.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">629<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Service cost </span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:89.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">115<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:101.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">22<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:113.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Benefits paid</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:113.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:151.3pt"></span></span><span style="left:153.93pt;position:var(--position)">(41)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:125.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:125.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">31<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:137.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:137.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">756<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:158.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Current service cost </span></div></div></div></td><td style="background-color:#cceeff;border-top:3pt double #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:158.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">141<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:170.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Past services cost</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:170.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:147.3pt"></span></span><span style="left:149.93pt;position:var(--position)">(205)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:182.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest cost </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:182.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:153.96pt"></span></span><span style="left:156.59pt;position:var(--position)">29<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:194.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Actuarial gains and losses </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:194.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:151.3pt"></span></span><span style="left:153.93pt;position:var(--position)">(93)</span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:206.25pt;width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:153.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:206.25pt;width:168pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:168pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:149.96pt"></span></span><span style="left:152.59pt;position:var(--position)">627<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 610000 109000 23000 112000 629000 115000 22000 41000 -31000 756000 141000 -205000 29000 93000 627000 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:79.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Payables and other current liabilities</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 17.1. Trade payables and other current liabilities<span id="ic8bc591b9eda49aa9427069a2f444203"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:705.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities break down as follows:</span></div><div style="position:var(--position);top:84.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:447pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:200.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:48.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TRADE PAYABLES AND OTHER CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">21,953<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:33pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">30,748<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:33pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">23,388<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued invoices</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">25,268<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:45pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">13,049<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:45pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">14,159<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:57pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">26<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:57pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:70.21pt"></span></span><span style="left:72.83999999999999pt;position:var(--position)">4<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">47,221<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:69pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">43,824<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:69pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:185.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">No discount was applied to payables and related accounts for which maturity does not exceed one year. As a result, their fair value </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:196.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">approximates their carrying amount. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 17.2. Tax and employee-related payables<span id="i66385b0b949642f7af2ce7ab417684b3"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:256.9pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Tax and employee-related payables are presented below:</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);top:268.2pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:279.53pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:441.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:195pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:195pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TAX AND EMPLOYEE-RELATED PAYABLES</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee-related payables</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">3,694</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">2,742</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,816<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Social security and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">2,251</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">1,783</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,304<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other tax and related payments</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.87pt"></span></span><span style="left:67.5pt;position:var(--position)">127</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.87pt"></span></span><span style="left:67.5pt;position:var(--position)">184</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TAX AND EMPLOYEE-RELATED PAYABLES</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">6,073</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">4,709</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">7,137<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:385.28pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.1pt;position:var(--position);text-decoration:none;white-space:pre">The increase in employee-related, social security and other payables over the year ended December 31, 2025 is mainly related to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:396.48pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.1pt;position:var(--position);text-decoration:none;white-space:pre">year-end bonus accruals.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities break down as follows:</span><div style="position:var(--position);top:84.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:447pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:200.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:48.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TRADE PAYABLES AND OTHER CURRENT </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">LIABILITIES</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">21,953<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:33pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">30,748<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:33pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:33pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">23,388<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:45pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued invoices</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">25,268<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:45pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">13,049<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:45pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:45pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">14,159<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:57pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">26<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:57pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:57pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:70.21pt"></span></span><span style="left:72.83999999999999pt;position:var(--position)">4<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69pt;width:200.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:200.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Trade payables and other current liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:200.25pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">47,221<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:280.5pt;overflow:hidden;position:var(--position);top:69pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:283.5pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">43,824<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:363.75pt;overflow:hidden;position:var(--position);top:69pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-3.63pt;position:var(--position);text-decoration:none;white-space:pre">0</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:366.75pt;position:var(--position);top:69pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">37,552<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 21953000 30748000 23388000 25268000 13049000 14159000 0 26000 4000 47221000 43824000 37552000 <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Tax and employee-related payables are presented below:</span><div style="font-size:12pt;line-height:11pt;position:var(--position);top:268.2pt;width:612pt"><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="position:var(--position);top:279.53pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:441.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:195pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:195pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:45.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TAX AND EMPLOYEE-RELATED PAYABLES</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.92pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.52pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employee-related payables</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">3,694</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">2,742</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,816<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Social security and other</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">2,251</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">1,783</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,304<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other tax and related payments</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.87pt"></span></span><span style="left:67.5pt;position:var(--position)">127</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:64.87pt"></span></span><span style="left:67.5pt;position:var(--position)">184</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">17<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:195pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:195pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">TAX AND EMPLOYEE-RELATED PAYABLES</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:195pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">6,073</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:58.87pt"></span></span><span style="left:61.5pt;position:var(--position)">4,709</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">7,137<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 3694000 2742000 4816000 2251000 1783000 2304000 127000 184000 17000 6073000 4709000 7137000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Other operating income</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:456.28pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other operating income is composed as below:</span></div><div style="font-size:12pt;position:var(--position);top:478.28pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span><div style="font-size:0pt;left:38.5pt;position:var(--position);width:381pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:134.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OPERATING INCOME</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit ("CIR")</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,493<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,651<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">3,061<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">81<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,140<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depositary service fees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,634<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">47<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">23<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total operating income</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,621<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,449<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,570<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:597.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Operating income is composed as follows: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:619.45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit (“CIR”) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:641.85pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group carries out research and development projects. As such, it has benefited from a research tax credit for the years ended </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:653.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Decem</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.28pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ber 31, 2023, 2024 and 2025 for an</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.06pt;position:var(--position);text-decoration:none;white-space:pre"> amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.86pt;position:var(--position);text-decoration:none;white-space:pre">€4,493 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.95pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.95pt;position:var(--position);text-decoration:none;white-space:pre">€5,668 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:388.04pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.47pt;position:var(--position);text-decoration:none;white-space:pre">€3,197 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.56pt;position:var(--position);text-decoration:none;white-space:pre">, respectively (see Note </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:664.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">4.9). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:675.45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">During the year ended December 31, 2024, the Group also received an additional tax credit payment related to the 2021 tax year for an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.65pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.3pt;position:var(--position);text-decoration:none;white-space:pre">€984 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.89pt;position:var(--position);text-decoration:none;white-space:pre"> after a claim from the Group following a clarification of "public subsidy" definition.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:697.85pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The lower amount of CIR recognized in 2025 is mainly due to (i)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:296.85pt;position:var(--position);text-decoration:none;white-space:pre"> the maximum amount of eligible outsourced research and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:709.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">development expenses being capped, (ii) a decrease in internal research and development costs, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420.21pt;position:var(--position);text-decoration:none;white-space:pre">(iii) the reimbursement of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">CARENA and RNP-VIR conditional advances, deducted from the 2024 CIR calculation and (iv) a change in the CIR regulation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">related to eligible expenses.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies primarily relate to the Bpifrance RNP-VIR and CARENA conditional advances, the repayments of which were partly </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">waived by Bpifrance in June 2024, for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.98pt;position:var(--position);text-decoration:none;white-space:pre">€1,872 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.07pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.5pt;position:var(--position);text-decoration:none;white-space:pre">€2,251 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.59pt;position:var(--position);text-decoration:none;white-space:pre"> respectively (see Notes 3.3 and 15.7).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Depositary services fees </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:182.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">For the years ended December 31, 2024 and 2025, this line item includes issuance, cancellation and depositary service fees collected </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:194.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from ADS holders by Citibank, who is acting as the Group's exclusive depositary for its publicly listed ADSs. As part of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:205.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">depositary agreement between Citibank and the Group, the latter is entitled to receive a portion of the aforementioned fees collected </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">by Citibank. The amounts recognized for the years ended December 31, 2024 and 2025 reflect the large amounts of ADS transactions </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:227.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">following, respectively, (i) the Group's </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.48pt;position:var(--position);text-decoration:none;white-space:pre">Initial Public Offering on the Nasdaq Global Market</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.97pt;position:var(--position);text-decoration:none;white-space:pre"> in October 2023 and (ii) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">announcement of Phase 3 results and the Group's Offering in July 2025.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other operating income is composed as below:</span><div style="font-size:12pt;position:var(--position);top:478.28pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span><div style="font-size:0pt;left:38.5pt;position:var(--position);width:381pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:134.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:15.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">OPERATING INCOME</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research tax credit ("CIR")</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,493<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,651<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">3,061<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">81<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,140<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depositary service fees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,634<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,509<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">47<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">23<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:134.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:134.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total operating income</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:134.25pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,621<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,449<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,570<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 4493000 6651000 3061000 81000 4140000 0 0 1634000 1509000 47000 23000 0 4621000 12449000 4570000 4493000 5668000 3197000 984000 1872000 2251000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Operating expenses</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 19.1. Sales and marketing<span id="i3c9108f67d8f42d7b78379593d90f92b"></span></span><div style="position:var(--position);top:355.69pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">SALES AND MARKETING</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,710<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,323<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">3,347<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,012<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,699<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,623<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other sales and marketing expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">709<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">932<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">224<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Sales &amp; Marketing</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:78.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,431<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,954<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,194<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:461.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Sales and marketing expenses consist primarily of personnel expenses, including salaries, benefits, and share-based compensation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:471.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">expenses, for employees engaged in sales and marketing activities, as well as consulting costs associated with market research in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:481.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">preparation for the Group's potential future sales and commercialization efforts in the U.S. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:503.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The decrease for the year ended was primarily </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.52pt;position:var(--position);text-decoration:none;white-space:pre">driven by the reduction in the headcount of the Group's sales and marketing department </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:515.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">part way through 2024. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:539.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increase in personnel costs for the year ended December 31, 2025 is primarily driven by taxes and social contributions related to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:551.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs (see Note 14), while the decrease in consulting and professional fees is mainly explained by one-time costs that were incurred </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:563.44pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">in 2024 for the Group's corporate re-branding, including its new website.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 19.2. Research and development<span id="ic2e4d6b2de844eaa908459b8d08cd756"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:626.74pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research and development expenses break down as follows: </span></div><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RESEARCH AND DEVELOPMENT EXPENSES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Sub-contracting, studies and research</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">85,726<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">110,993<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">112,033<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,048<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">18,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">49,616<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,561<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,581<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,791<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Intellectual property fees</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,645<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,741<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,025<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other research and development expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,196<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,761<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,297<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research and development expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">103,176<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">146,532<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">177,761<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:224.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research and development expenses consist primarily of the following items: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Personnel expenses, including salaries, benefits, and share-based compensation expenses, for employees engaged in </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:250.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">research and development activities; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:266.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Sub-contracting, collaboration and consultant expenses that primarily include the cost of third-party contractors such as </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:276.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">CROs who conduct our non-clinical studies and clinical trials, and research related to proprietary platforms, as well as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">investigative sites and consultants that conduct our preclinical studies and clinical trials; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Expenses incurred under agreements with contract manufacturing organizations (“CMOs”), including manufacturing </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">scale-up expenses and the cost of acquiring and manufacturing preclinical study and clinical trial materials; </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Expenses relating to preclinical studies and clinical trials; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Expenses relating to regulatory affairs; </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Allocated expenses for facility costs, including rent, utilities and maintenance; and </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:376.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">Expenses relating to the implementation of the quality assurance system. </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:409.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increase in research and development expenses for the years ended December 31, 2024 and 2025 is primarily due to (i) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:420.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increase in UC expenses (of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.34pt;position:var(--position);text-decoration:none;white-space:pre">€32,030 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.43pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.86pt;position:var(--position);text-decoration:none;white-space:pre">€1,587</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.36pt;position:var(--position);text-decoration:none;white-space:pre"> thousand), due to the progress of Phase 3 clinical trials for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:431.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obefazimod in UC, (ii) the increase in CD expenses (of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.55pt;position:var(--position);text-decoration:none;white-space:pre">€4,620 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.64pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.07pt;position:var(--position);text-decoration:none;white-space:pre">€10,200</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.57pt;position:var(--position);text-decoration:none;white-space:pre"> thousand), due to the planning costs </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:443.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and progression of the Phase 2b CD trial, (iii) the increase in transversal activities of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.89pt;position:var(--position);text-decoration:none;white-space:pre">€8,233 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.98pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre">€12,987</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:544.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:454.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">thousand) related to (a) the overall expansion of the research and development headcount to support the Group's organizational growth </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:465.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and the issuance of new equity awards to officers and employees in research and development for the year ended December 31, 2024 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:476.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and (b) increased chemistry, manufacturing and controls ("CMC") and supply chain costs related to the progression of clinical trials </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:487.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and anticipation of future commercial launch for the year ended December 31, 2025, and (iv) the development of new indications for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:499.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">obefazimod, including the combination therapy (increasing by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.38pt;position:var(--position);text-decoration:none;white-space:pre">€4,122 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.47pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2025).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:521.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">These increases for the year ended December 31, 2025 also resulted from increasing p</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:380.59pt;position:var(--position);text-decoration:none;white-space:pre">ersonnel costs, mainly explained by the rise in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:532.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">employer tax and social contributions related to AGAs by</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.86pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:269.36pt;position:var(--position);text-decoration:none;white-space:pre">€20,131 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.45pt;position:var(--position);text-decoration:none;white-space:pre">, resulting predominantly from (i) the uptick in the Group's </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:543.91pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">share price during the second half of 2025 (see Note 14), and to a lesser extent by (ii) the increase in the employer contribution rate on </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:555.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">AGAs in France.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:566.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 19.3. General and administrative<span id="ia87a43e321ec4db3a0cdfb8251386316"></span></span><span style="font-family:'Calibri', sans-serif;font-size:11pt;font-style:normal;font-weight:normal;left:198.66pt;position:var(--position);text-decoration:none;white-space:pre">  </span><div style="position:var(--position);top:618.14pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GENERAL AND ADMINISTRATIVE EXPENSES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">13,105<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">19,434<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">52,817<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,393<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">7,990<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">9,984<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other general and administrative expenses </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,893<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,522<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,870<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">General and administrative expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">22,391<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">32,946<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">67,670<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">General and administrative expenses consist primarily of personnel-related expenses, including salaries, benefits and share-based </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">compensation expenses, for personnel other than employees engaged in research and development activities. General and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:114.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">administrative expenses also include fees for professional services, mainly related to audit and legal services, consulting costs, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">communications and travel costs, allocated expenses for facility costs, including rent, utilities and maintenance, directors’ attendance </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:134.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">fees, and insurance costs. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:156.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increase in general and administrative expenses for the year ended December 31, 2024 was primarily due to the increase in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:167.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">personnel costs,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.83pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.33pt;position:var(--position);text-decoration:none;white-space:pre">representing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre"> the full year impact of the build out of the Group's general and administrative organization (increased </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">headcount and equity based compensation costs), which started in late 2023 to support the expansion of the Group, as well as </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increased legal and professional fees and other costs associated with operating as a dual-listed public company.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:212.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">The increase for the year ended December 31, 2025 was primarily due to an increase in personnel costs, mainly explained by the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:223.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:280.6pt">increase in employer tax and social contributions related to AGAs by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.6pt;position:var(--position);text-decoration:none;white-space:pre;width:71.25pt">€27,299 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.85pt;position:var(--position);text-decoration:none;white-space:pre;width:8.49pt">, r</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.34pt;position:var(--position);text-decoration:none;white-space:pre;width:179.66pt">esulting predominantly from (i) the uptick in</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:234.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:297.46pt">the Group's share price during the second half of 2025 (see Note 14), </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.46pt;position:var(--position);text-decoration:none;white-space:pre;width:242.36pt">and to a lesser extent by (ii) the increase in the employer</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:246.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">contribution rate on AGAs in France, as well as an increase in legal and professional fees associated with building the Group's</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:222.57pt">infrastructure to support future growth in its operations.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:279.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's principal audit fees paid to its joint statutory auditors PricewaterhouseCoopers Audit and Agili3f, are set forth below:</span></div><div style="position:var(--position);top:303.76pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:524.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:275.25pt"></td><td style="padding:0;width:81pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:81pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:81pt"></td></tr><tr style="height:34.5pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.18pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:86.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Audit fees</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,848<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,144<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,255<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:46.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Audit-related fees</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:46.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:70.37pt;position:var(--position);text-decoration:none;white-space:pre">82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:46.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.96pt"></span></span><span style="left:65.59pt;position:var(--position)">129<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax fees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">All other fees</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.96pt"></span></span><span style="left:65.59pt;position:var(--position)">492<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:70.96pt"></span></span><span style="left:73.58999999999999pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.96pt"></span></span><span style="left:69.58999999999999pt;position:var(--position)">34<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">2,340</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">1,233</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">1,418</span></div></div></div></td></tr></tbody></table></div></div></div> <div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">SALES AND MARKETING</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,710<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,323<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">3,347<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,012<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,699<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,623<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other sales and marketing expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">709<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">932<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">224<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Sales &amp; Marketing</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:224.25pt;overflow:hidden;position:var(--position);top:78.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"></span><span style="left:2.63pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,431<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,954<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,194<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Research and development expenses break down as follows: </span><div style="position:var(--position);top:70.56pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">RESEARCH AND DEVELOPMENT EXPENSES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Sub-contracting, studies and research</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">85,726<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">110,993<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">112,033<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,048<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">18,455<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">49,616<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,561<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,581<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">12,791<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Intellectual property fees</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,645<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,741<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,025<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other research and development expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,196<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,761<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,297<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Research and development expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">103,176<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">146,532<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.21pt"></span></span><span style="left:50.84pt;position:var(--position)">177,761<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:0pt;left:36pt;position:var(--position);width:474pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:224.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:60.59pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">GENERAL AND ADMINISTRATIVE EXPENSES</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Personnel costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">13,105<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">19,434<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">52,817<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting and professional fees </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,393<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">7,990<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">9,984<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other general and administrative expenses </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">2,893<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">5,522<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">4,870<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:224.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:224.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">General and administrative expenses </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:227.25pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">22,391<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:310.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">32,946<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:393.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">67,670<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div> 1710000 2323000 3347000 4012000 2699000 1623000 709000 932000 224000 6431000 5954000 5194000 85726000 110993000 112033000 8048000 18455000 49616000 6561000 12581000 12791000 1645000 1741000 1025000 1196000 2761000 2297000 103176000 146532000 177761000 32030000 1587000 4620000 10200000 8233000 12987000 4122000 20131000 13105000 19434000 52817000 6393000 7990000 9984000 2893000 5522000 4870000 22391000 32946000 67670000 27299000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's principal audit fees paid to its joint statutory auditors PricewaterhouseCoopers Audit and Agili3f, are set forth below:</span><div style="position:var(--position);top:303.76pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:524.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:275.25pt"></td><td style="padding:0;width:81pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:81pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:81pt"></td></tr><tr style="height:34.5pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.18pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:86.09pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.65pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.25pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:23.85pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Audit fees</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,848<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,144<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">1,255<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:46.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Audit-related fees</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:46.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:70.37pt;position:var(--position);text-decoration:none;white-space:pre">82</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:46.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.96pt"></span></span><span style="left:65.59pt;position:var(--position)">129<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax fees</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">All other fees</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.96pt"></span></span><span style="left:65.59pt;position:var(--position)">492<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:70.96pt"></span></span><span style="left:73.58999999999999pt;position:var(--position)">7<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:70.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.96pt"></span></span><span style="left:69.58999999999999pt;position:var(--position)">34<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:275.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:275.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:275.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">2,340</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">1,233</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:443.25pt;position:var(--position);top:82.5pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:60.37pt;position:var(--position);text-decoration:none;white-space:pre">1,418</span></div></div></div></td></tr></tbody></table></div></div></div> 1848000 1144000 1255000 82000 129000 492000 7000 34000 2340000 1233000 1418000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Employees</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:450.51pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s average workforce during the periods ended December 31, 2023, 2024 and 2025 was as follows:</span></div><div style="position:var(--position);top:472.26pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:360pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:88.5pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">HEADCOUNT</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">France </span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">28</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">38</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">41</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">12</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">29</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">27</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">67</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">68</span></div></div></div></td></tr></tbody></table></div></div></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s average workforce during the periods ended December 31, 2023, 2024 and 2025 was as follows:</span><div style="position:var(--position);top:472.26pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:360pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:88.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:88.5pt"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">HEADCOUNT</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:7.57pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:17.17pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">France </span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">28</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">38</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:30.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">41</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">12</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">29</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:42.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">27</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:88.5pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">40</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">67</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:54.75pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:77.87pt;position:var(--position);text-decoration:none;white-space:pre">68</span></div></div></div></td></tr></tbody></table></div></div></div> 28 38 41 12 29 27 40 67 68 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Financial gain (loss)</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.06pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The financial loss breaks down as follows:</span></div><div style="position:var(--position);top:112.66pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:279pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:87.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> FINANCIAL GAIN (LOSS)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on bond loans</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(760)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,800)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(7,472)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on convertible loan notes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,935)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,691)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,638)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on conditional advances and PGE</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(176)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(85)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(95)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(8,942)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(794)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(17,213)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(13)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(61)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(64)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in derivatives fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,046)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,462)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(29,935)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in other liabilities / (assets) at fair value through profit and loss</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.35pt;width:75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.55pt;width:56.62pt"></span></span><span style="left:59.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,367)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(36,015)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss on derecognition of financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,431)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,838)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Transaction costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,924)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,615)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange losses</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,573)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(51)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(13,444)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial expense</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(73)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(29)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial expenses</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(27,875)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(16,991)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:174.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.3pt"></span></span><span style="left:42.93pt;position:var(--position)">(111,743)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest income</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,418<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">8,246<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">5,600<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:198.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in derivatives fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,006<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,413<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in other liabilities / (assets) at fair value through profit and loss</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,198<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">4,730<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of unwinding the discount related to advances made to CROs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">355<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">710<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">153<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Day-one gain on recognition of financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">212<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">590<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,557<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain on derecognition of financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">192<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:258.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange gains </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,774<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">11,886<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial income</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">130<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial income </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">7,511<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">13,732<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">27,545<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial gain (loss)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(20,364)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,258)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(84,198)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:435.71pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financial expenses</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:459.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interest on bond loans consists of interests from the Kreos 1 and 2 bond loans redeemed in August 2023 (see Notes 15.3 and 15.4) and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:471.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.93pt;position:var(--position);text-decoration:none;white-space:pre">Kreos / Claret B and C tranches (non-convertible bonds),</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.3pt;position:var(--position);text-decoration:none;white-space:pre"> drawn down in March and June 2024, respectively and redeemed in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:483.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 2025 (see Note 15</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre">.1). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:507.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interests on convertible loan notes corresponds to interests from the OCEANE bond loans (see Note 15.5) converted in August 2023 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:519.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as well as from the Kreos / Claret OCABSA (tranche A) and the Height notes converted in August 2025 (see Notes 15.1 and 15.2).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interests on royalty certificates are detailed in Note 15.9.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.9pt;position:var(--position);text-decoration:none;white-space:pre"> They include the impacts of the remeasurements of the royalty certificates </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">following changes in the Group's estimates of future cash flows during the years ended December 31, 2023, 2024 and 2025 (see Note </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">15.9).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.33pt;position:var(--position);text-decoration:none;white-space:pre">creases and decreases in the fair value of derivatives are detailed </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.75pt;position:var(--position);text-decoration:none;white-space:pre">in Notes 15.1, 15.3, 15.5 and 15.11. As of December 31, 2025, the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€29,935 thousand</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre"> expense relates to the increase in the fair value of the Kreos / Claret BSA following the increase in the Group's share </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.56pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">price in the third quarter of 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Increases in other liabilities at FVTPL relate to t</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.04pt;position:var(--position);text-decoration:none;white-space:pre">he convertible Heights note</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.18pt;position:var(--position);text-decoration:none;white-space:pre">s for the years ended December 31, 2024 and 2025 (see </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 15.2). The notes were converted by the noteholders in July 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Losses on the derecognition</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre"> of financial liabilitie</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.84pt;position:var(--position);text-decoration:none;white-space:pre">s are detailed in Notes 15.1 to 15.5, and relate to the August 2023 refinancing for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the year ended December 31, 2023 and to the redemption of the Kreos / Claret B and C tranches for the year ended December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Transaction costs for the year ended December 31, 2023 mainly</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.82pt;position:var(--position);text-decoration:none;white-space:pre"> related </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.98pt;position:var(--position);text-decoration:none;white-space:pre">to the Heights notes, and t</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.32pt;position:var(--position);text-decoration:none;white-space:pre">ransaction costs for the year ended </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:274.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024 mainly </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.28pt;position:var(--position);text-decoration:none;white-space:pre">related</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.44pt;position:var(--position);text-decoration:none;white-space:pre"> to the amortization of the prepaid expenses related to the transaction costs of the Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:286.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranche C bond loans (see Note 15.1).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:310.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange losses for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.09pt;position:var(--position);text-decoration:none;white-space:pre">December</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.13pt;position:var(--position);text-decoration:none;white-space:pre"> 31, 2023 mainly relate to the translation of cash and cash equivalents </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre">held in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:321.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">U.S. dollars</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.47pt;position:var(--position);text-decoration:none;white-space:pre"> into the Company's functional currency as of December 31, 2023 (see Note 11), resulting in a loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.27pt;position:var(--position);text-decoration:none;white-space:pre">€3,196 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:557.36pt;position:var(--position);text-decoration:none;white-space:pre">, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and to a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.13pt;position:var(--position);text-decoration:none;white-space:pre">€1,488 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.22pt;position:var(--position);text-decoration:none;white-space:pre"> loss resulting from foreign exchange transactions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:344.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange losses for the year ended December 31, 2025 relate to the translation of cash and cash equivalents held in U.S. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:355.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">dollars into the Company's functional currency as of December 31, 2025, resulting in a net financial loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.79pt;position:var(--position);text-decoration:none;white-space:pre">€8,639 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.88pt;position:var(--position);text-decoration:none;white-space:pre">, and to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:366.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">other realized and unrealized losses on foreign exchange transactions (see Note 11).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:389.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financial income</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:413.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interest income mainly relates to the invested proceeds from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre">(i) the Group's </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:340.21pt;position:var(--position);text-decoration:none;white-space:pre">i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.98pt;position:var(--position);text-decoration:none;white-space:pre">nitial public offering on the Nasdaq Global Market and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:425.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the concurrent European Private Placement from October 2023, (ii) the Kreos / Claret and Heights Financings and (iii) the Group's </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:437.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">public Offering from July 2025. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:461.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Incr</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.09pt;position:var(--position);text-decoration:none;white-space:pre">eases and decreases in the fair value of derivatives are detailed in Notes 15.1, 15.3, 15.5 and 15.11. The </span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.29pt;position:var(--position);text-decoration:none;white-space:pre">€3,620 thousand</span><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.38pt;position:var(--position);text-decoration:none;white-space:pre"> income </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:473.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for the year ended December 31, 2025 related to the extinguishment of the Kreos / Claret MRI following the conversion of the Kreos </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:485.76pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Tranche A and the exercises of the Kreos / Claret BSA in August 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:509.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The decrease in other liabilities at FVTPL relates to t</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.17pt;position:var(--position);text-decoration:none;white-space:pre">he Height notes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.88pt;position:var(--position);text-decoration:none;white-space:pre"> for the year ended December 31, 2023.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:521.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The increase in assets at FVTPL for the year ended December 31, 2025 relates to the revaluation of cash equivalents measured at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:533.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">FVTPL.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:557.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The day-one gain on recognition of financial liabilities relates to the Heights notes. The amount recorded for the year ended December </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:569.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">31, 2025 includes the amortization of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.79pt;position:var(--position);text-decoration:none;white-space:pre">the outstanding day-one gain</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.51pt;position:var(--position);text-decoration:none;white-space:pre"> upon the conversion of the notes (see Note 15.2).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:593.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange gains for the year ended December 31, 2024 mainly relate to the translation of cash and cash equivalents held in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:604.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">U.S. dollars into the Group's presentation currency as of December 31, 2024 (see Note 11), resulting in a gain of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.93pt;position:var(--position);text-decoration:none;white-space:pre">€2,035 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.02pt;position:var(--position);text-decoration:none;white-space:pre">, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:616.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.2pt;position:var(--position);text-decoration:none;white-space:pre">€714 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.79pt;position:var(--position);text-decoration:none;white-space:pre"> gain resulting from foreign exchange transactions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:639.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange gains for the year ended December 31, 2025 mainly relate to the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.22pt;position:var(--position);text-decoration:none;white-space:pre">€10,663 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.31pt;position:var(--position);text-decoration:none;white-space:pre"> gain resulting from the favorable </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:651.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">change in the euro to U.S. dollar exchange rate between the closing of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.72pt;position:var(--position);text-decoration:none;white-space:pre">the Group's July 2025 Offering (date of recognition of the share </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:663.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">capital increase)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.14pt;position:var(--position);text-decoration:none;white-space:pre"> and the date of receipt of funds.</span></div> <span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The financial loss breaks down as follows:</span><div style="position:var(--position);top:112.66pt;width:612pt"><div style="font-size:0pt;left:43pt;position:var(--position);width:510pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:279pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:87.96pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:22.12pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> FINANCIAL GAIN (LOSS)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:12pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.41pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:29.5pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on bond loans</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(760)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,800)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:42.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:42.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(7,472)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on convertible loan notes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,935)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,691)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:54.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:54.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,638)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on conditional advances and PGE</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(176)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(85)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:66.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:66.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(95)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(8,942)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:54.3pt"></span></span><span style="left:56.93pt;position:var(--position)">(794)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:78.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(17,213)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest on lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(13)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(61)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:90.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(64)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in derivatives fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,046)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,462)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:102.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(29,935)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in other liabilities / (assets) at fair value through profit and loss</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:9pt;position:var(--position);top:2.35pt;width:75pt"><span style="color:#000000;font-family:'Arial', sans-serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.55pt;width:56.62pt"></span></span><span style="left:59.25pt;position:var(--position)">—</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,367)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:114.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(36,015)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss on derecognition of financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,431)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:126.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,838)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Transaction costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,924)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(1,615)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:138.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange losses</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(5,573)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(51)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:150.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(13,444)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial expense</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(73)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(64)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:162.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:58.3pt"></span></span><span style="left:60.93pt;position:var(--position)">(29)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:174.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial expenses</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(27,875)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(16,991)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="height:12pt;left:432pt;overflow:hidden;position:var(--position);top:174.75pt;width:3pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:3pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:-1.75pt;position:var(--position);text-decoration:none;white-space:pre">  </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:174.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:40.3pt"></span></span><span style="left:42.93pt;position:var(--position)">(111,743)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest income</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,418<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">8,246<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:186.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">5,600<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:198.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in derivatives fair value</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,006<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,413<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:198.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,620<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:210.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(Increase) / decrease in other liabilities / (assets) at fair value through profit and loss</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">3,198<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:210.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">4,730<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effect of unwinding the discount related to advances made to CROs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">355<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">710<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:222.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">153<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:234.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Day-one gain on recognition of financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">212<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">590<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:234.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">1,557<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain on derecognition of financial liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">192<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:246.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:258.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Foreign exchange gains </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">2,774<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#CCECFF;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:258.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">11,886<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial income</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.96pt"></span></span><span style="left:59.59pt;position:var(--position)">130<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:270.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:60.96pt"></span></span><span style="left:63.59pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial income </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:50.96pt"></span></span><span style="left:53.59pt;position:var(--position)">7,511<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">13,732<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:282.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:46.96pt"></span></span><span style="left:49.59pt;position:var(--position)">27,545<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:279pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:279pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financial gain (loss)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(20,364)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:48.3pt"></span></span><span style="left:50.93pt;position:var(--position)">(3,258)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435pt;position:var(--position);top:294.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:44.3pt"></span></span><span style="left:46.93pt;position:var(--position)">(84,198)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 760000 5800000 7472000 3935000 5691000 3638000 176000 85000 95000 8942000 794000 17213000 13000 61000 64000 3046000 1462000 29935000 0 1367000 36015000 3431000 0 3838000 1924000 1615000 0 5573000 51000 13444000 73000 64000 29000 27875000 16991000 111743000 2418000 8246000 5600000 1006000 1413000 3620000 3198000 0 4730000 355000 710000 153000 212000 590000 1557000 192000 0 0 0 2774000 11886000 130000 0 0 7511000 13732000 27545000 -20364000 -3258000 -84198000 29935000 3196000 -1488000 8639000 3620000 2035000 714000 10663000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Income tax</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The income tax rate applicable to the Company is the French corporate income tax rate, i.e. 25% for the years ended December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:101.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023, 2024 and 2025. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:123.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The income tax rates applicable to the U.S. Subsidia</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.18pt;position:var(--position);text-decoration:none;white-space:pre">ry</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.51pt;position:var(--position);text-decoration:none;white-space:pre"> are the federal income tax rate of 21% and the State income tax rates of 4.35%, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:135.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">5.36% and 8.06% i.e. a total of 25.35%, 26.36% and 29.06% for the years ended December 31, 2023, 2024 and 2025 respectively.</span></div><div style="position:var(--position);top:158.71pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:214.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:17.48pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:39.07pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros, except percentage)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:26.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss before tax </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(147,740)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(176,242)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(330,254)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Statutory French tax rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nominal income tax using statutory French tax rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">36,935<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">44,061<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">82,563<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax effect of:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax rates in foreign jurisdictions</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(153)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payment</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(2,045)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(5,056)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(8,849)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CIR</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,123<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,663<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">765<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Transaction costs related to capital increase </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">3,073<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">10,077<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:1.89pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Decrease / (increase) in derivatives and other liabilities measured </span></div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">at FVTPL</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">748<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(207)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(17,087)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.39pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-recognition of deferred tax assets related to tax losses and </span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">temporary differences</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(39,612)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(40,399)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(61,320)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(222)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">49<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-right:2pt solid #FFFFFF;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(148)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective income tax (loss)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(5,848)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:364.71pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:522.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:70.79pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DEFERRED TAX ASSETS AND LIABILITIES BY </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NATURE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:12pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:39.16pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.72pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:12pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:39.16pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.72pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:12pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retirement benefit obligation</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">157<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">189<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:39pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.88pt"></span></span><span style="left:82.50999999999999pt;position:var(--position)">157<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:51pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">135<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:51pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">591<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:51pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.88pt"></span></span><span style="left:82.50999999999999pt;position:var(--position)">476<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:63pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.12pt;position:var(--position);text-decoration:none;white-space:pre">351</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:63pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,678<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:63pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Provisions for AGA taxes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:89.12pt;position:var(--position);text-decoration:none;white-space:pre">83</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">142<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:75pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:73.62pt;position:var(--position);text-decoration:none;white-space:pre">11,454</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax losses carryforward</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:71.12pt;position:var(--position);text-decoration:none;white-space:pre">114,946</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">152,372<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:87pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">228,239</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">335<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">744<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:99pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.62pt;position:var(--position);text-decoration:none;white-space:pre">1,568</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">116,006<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">155,715<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:111pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">241,894</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">24<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:123pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leases</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:135pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">124<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:135pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">485<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:135pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:83.62pt;position:var(--position);text-decoration:none;white-space:pre">396</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:147pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:73.62pt;position:var(--position);text-decoration:none;white-space:pre">17,208</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:159pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">285<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:159pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,075<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:159pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:171pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">10<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:171pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:171pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:87.62pt;position:var(--position);text-decoration:none;white-space:pre">11</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:183pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:183pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">444<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:183pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,584<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:183pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:69.88pt"></span></span><span style="left:72.50999999999999pt;position:var(--position)">17,616<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:195pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">115,562<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:195pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">154,131<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:195pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">224,279</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unrecognized deferred tax assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:207pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(115,562)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:207pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(154,131)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:207pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:63.22pt"></span></span><span style="left:65.85pt;position:var(--position)">(230,127)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:219pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred taxes, net recognized in the statement of </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">financial position</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:219pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:219pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:219pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.22pt"></span></span><span style="left:73.85pt;position:var(--position)">(5,848)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group incurred tax losses in the reporting periods ended December 31, 2023, 2024 and 2025. As the recoverability of these tax </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:633.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">losses is not considered probable in subsequent periods due to the uncertainties inherent in the Group’s business, the Group has not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">recognized deferred tax assets beyond deferred tax liabilities arising within the same taxable entity under the same taxable regime and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:656.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">with consistent timing of reversal, after considering, if applicable, limitations in the use of deductible tax losses carried forward from </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:667.71pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">prior periods applicable under tax laws in France and in the U.S..</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.68pt;position:var(--position);text-decoration:none;white-space:pre">€17,208 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.77pt;position:var(--position);text-decoration:none;white-space:pre"> deferred tax liability on royalty certificates results from the difference between (i) the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:703.21pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount already deducted from the Company's taxable income as of December 31, 2025 (based on the certificates' fair value minus the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">subscription price) and (ii) the amount of the related financial liability recognized in the Group's Statements of Financial Position at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:82.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">that date (measured at amortized cost using the original EIR). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:94.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024 and 2023, this difference resulted in a deferred tax asset of respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.61pt;position:var(--position);text-decoration:none;white-space:pre">€1,427 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:494.7pt;position:var(--position);text-decoration:none;white-space:pre"> (classified within </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the "Other financial liabilities" line item) and €</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.15pt;position:var(--position);text-decoration:none;white-space:pre">0</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.15pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:130.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the Group has assessed the expected reversal of temporary taxable and deductible differences existing at the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">reporting date. The timing of reversal of the taxable difference on royalty certificates was estimated under the same cash flow schedule </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:154.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and discount rate assumptions as the certificates' fair value as of December 31, 2025 (see Note 15.9).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:166.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Based on this assessment, under the above recoverability assumption and after taking into account the limitations on the use of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:178.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">deductible tax losses carried forward in France, the Group determined that deferred tax assets amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.42pt;position:var(--position);text-decoration:none;white-space:pre">€11,720 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.51pt;position:var(--position);text-decoration:none;white-space:pre"> should </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:190.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">be recognized as the related deductible temporary differences and losses carried forward will reverse and be utilized against future </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:202.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">taxable temporary differences in the same periods in this jurisdiction.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:214.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As a result, the net deferred tax position of the Group as of December 31, 2025 is a deferred tax liability of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.53pt;position:var(--position);text-decoration:none;white-space:pre">€5,848 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.62pt;position:var(--position);text-decoration:none;white-space:pre">, relating </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:226.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to royalty certificates.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:250.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The accumulated tax loss carry</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.26pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> forwards for the Company amount to </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.75pt;position:var(--position);text-decoration:none;white-space:pre">€459,752 thousand</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.84pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">,</span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.34pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit"> </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.84pt;position:var(--position);text-decoration:none;white-space:pre">€609,390 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.93pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.43pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">an</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.86pt;position:var(--position);text-decoration:none;white-space:pre">d </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.36pt;position:var(--position);text-decoration:none;white-space:pre">€911,776 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:566.45pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:262.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as of December 31, 2023, 2024 and 2025,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.12pt;position:var(--position);text-decoration:none;white-space:pre"> respectively. In France, unused tax losses do not have any expiration date; however, their </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:274.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">annual utilization is limited to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.32pt;position:var(--position);text-decoration:none;white-space:pre">€1 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.67pt;position:var(--position);text-decoration:none;white-space:pre"> plus </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.33pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.66pt;position:var(--position);text-decoration:none;white-space:pre"> of the taxable profit exceeding that amount.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:298.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The accumulated tax loss carry forwards for the U.S. Subsidiary consist of federal Net Operating Loss ("NOL") carry forwards and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:310.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">amount to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre">€38 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre">€112 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.92pt;position:var(--position);text-decoration:none;white-space:pre"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.85pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.35pt;position:var(--position);text-decoration:none;white-space:pre">€1,083 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.44pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.94pt;position:var(--position);text-decoration:none;white-space:pre">as of December 31, 2023, 2024 and 2025, respectively. They do not </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">have any expiration date.</span></div> <div style="font-size:0pt;left:36pt;position:var(--position);width:522.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:214.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:17.48pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:39.07pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros, except percentage)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.32pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.57pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:14.92pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.78pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:26.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss before tax </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(147,740)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(176,242)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:26.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(330,254)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Statutory French tax rate</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:78.34pt;position:var(--position)"></span><span style="left:78.34pt;position:var(--position)">25</span><span style="left:86.34pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Nominal income tax using statutory French tax rate</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">36,935<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">44,061<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:50.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">82,563<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax effect of:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax rates in foreign jurisdictions</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(153)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payment</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(2,045)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(5,056)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(8,849)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CIR</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,123<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,663<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">765<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Transaction costs related to capital increase </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">3,073<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(112)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:71.71pt"></span></span><span style="left:74.33999999999999pt;position:var(--position)">10,077<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:20.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:1.89pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Decrease / (increase) in derivatives and other liabilities measured </span></div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">at FVTPL</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">748<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(207)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.06pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(17,087)</span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:143.25pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.39pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-recognition of deferred tax assets related to tax losses and </span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">temporary differences</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(39,612)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(40,399)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:143.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.81pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:69.05pt"></span></span><span style="left:71.67999999999999pt;position:var(--position)">(61,320)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(222)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">49<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-right:2pt solid #FFFFFF;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:165pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.05pt"></span></span><span style="left:81.67999999999999pt;position:var(--position)">(148)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:214.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:214.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective income tax (loss)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:320.25pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423pt;position:var(--position);top:177pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:73.05pt"></span></span><span style="left:75.67999999999999pt;position:var(--position)">(5,848)</span></span></div></div></div></td></tr></tbody></table></div></div> -147740000 -176242000 -330254000 0.25 0.25 0.25 36935000 44061000 82563000 0 0 -153000 -2045000 -5056000 -8849000 1123000 1663000 765000 3073000 -112000 10077000 748000 -207000 -17087000 39612000 40399000 61320000 -222000 49000 -148000 0 0 5848000 <div style="font-size:0pt;left:36pt;position:var(--position);width:522.75pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:70.79pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">DEFERRED TAX ASSETS AND LIABILITIES BY </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">NATURE</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:12pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:39.16pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.72pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2023</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:12pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:39.16pt;position:var(--position);text-decoration:none;white-space:pre">AS OF </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.72pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, 2024</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:12pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.7pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.38pt;position:var(--position);text-decoration:none;white-space:pre">AS OF DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:15.3pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retirement benefit obligation</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">157<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">189<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:39pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.88pt"></span></span><span style="left:82.50999999999999pt;position:var(--position)">157<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leases</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:51pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">135<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:51pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">591<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:51pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:79.88pt"></span></span><span style="left:82.50999999999999pt;position:var(--position)">476<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:63pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:85.12pt;position:var(--position);text-decoration:none;white-space:pre">351</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:63pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,678<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:63pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Provisions for AGA taxes</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:89.12pt;position:var(--position);text-decoration:none;white-space:pre">83</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:75pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">142<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:75pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:73.62pt;position:var(--position);text-decoration:none;white-space:pre">11,454</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Tax losses carryforward</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:71.12pt;position:var(--position);text-decoration:none;white-space:pre">114,946</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:87pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">152,372<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:87pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">228,239</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">335<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:99pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">744<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:99pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:77.62pt;position:var(--position);text-decoration:none;white-space:pre">1,568</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">116,006<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:111pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">155,715<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:111pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">241,894</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subsidies</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">24<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:123pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:123pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Leases</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:135pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">124<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:135pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">485<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:135pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:83.62pt;position:var(--position);text-decoration:none;white-space:pre">396</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Royalty certificates</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:147pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:73.62pt;position:var(--position);text-decoration:none;white-space:pre">17,208</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:159pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other financial liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:159pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">285<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:159pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,075<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:159pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:83.88pt"></span></span><span style="left:86.50999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other items</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:171pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">10<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:171pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">12<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:171pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:87.62pt;position:var(--position);text-decoration:none;white-space:pre">11</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:183pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:183pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:81.71pt"></span></span><span style="left:84.33999999999999pt;position:var(--position)">444<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:183pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:75.71pt"></span></span><span style="left:78.33999999999999pt;position:var(--position)">1,584<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:183pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:69.88pt"></span></span><span style="left:72.50999999999999pt;position:var(--position)">17,616<span style="display:inline-block;height:5.41pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax assets, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:195pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">115,562<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:195pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:67.71pt"></span></span><span style="left:70.33999999999999pt;position:var(--position)">154,131<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:195pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:69.62pt;position:var(--position);text-decoration:none;white-space:pre">224,279</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unrecognized deferred tax assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:207pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(115,562)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:207pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:65.05pt"></span></span><span style="left:67.67999999999999pt;position:var(--position)">(154,131)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:207pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.24pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:63.22pt"></span></span><span style="left:65.85pt;position:var(--position)">(230,127)<span style="display:inline-block;height:5.54pt;width:0.33pt"></span></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:219pt;width:216pt"><div><div style="line-height:8pt;position:var(--position);top:2.7pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total deferred taxes, net recognized in the statement of </span></div><div style="line-height:8pt;position:var(--position);top:12.3pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">financial position</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:219pt;position:var(--position);top:219pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:219pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:85.71pt"></span></span><span style="left:88.33999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:219pt;width:98.25pt"><div><div style="line-height:8pt;position:var(--position);top:7.5pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:71.22pt"></span></span><span style="left:73.85pt;position:var(--position)">(5,848)<span style="display:inline-block;height:5.41pt;width:0.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div> 157000 189000 157000 135000 591000 476000 351000 1678000 0 83000 142000 11454000 114946000 152372000 228239000 335000 744000 1568000 116006000 155715000 241894000 24000 12000 0 124000 485000 396000 0 0 17208000 285000 1075000 0 10000 12000 11000 444000 1584000 17616000 -115562000 -154131000 -224279000 115562000 154131000 230127000 0 0 -5848000 17208000 1427000 0 11720000 -5848000 459752000 609390000 911776000 38000 112000 1083000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Income (loss) per share</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:378.11pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Basic losses per share is calculated by dividing income (loss) attributable to equity holders of the Group by the weighted-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:390.11pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">average number of outstanding ordinary shares for the year.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:413.61pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Diluted losses per share are calculated by adjusting the weighted average number of ordinary outstanding shares to assume </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:425.61pt;width:612pt"><span style="color:#231f20;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">conversion of all dilutive potential ordinary shares.</span></div><div style="position:var(--position);top:449.61pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:419.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:207pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:9.75pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:9pt"></td><td style="padding:0;width:64.5pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:207pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:21.76pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros, except share data)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BASIC AND DILUTED LOSS PER SHARE</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average number of outstanding shares</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">43,066,012<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">63,046,350<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">69,527,315<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net loss for the period</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(147,740)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(176,242)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(336,102)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic and diluted loss per share (€/share) </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(3.43)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(2.80)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(4.83)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:557.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Potential dilutive instruments (BCEs, BSAs, AGAs, BSA Kreos 1, OCEANE, Kreos/Claret BSA, Kreos/Claret OCABSA and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:568.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">Height notes) have been excluded from the computation of diluted weighted-average shares outstanding because such instruments </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">had an antidilutive impact due to the losses reported. As of December 31, 2023, 2024 and 2025, the number of potential dilutive </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">instruments were </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.03pt;position:var(--position);text-decoration:none;white-space:pre">28,754,280</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.03pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.03pt;position:var(--position);text-decoration:none;white-space:pre">29,570,132</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.03pt;position:var(--position);text-decoration:none;white-space:pre"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.96pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.46pt;position:var(--position);text-decoration:none;white-space:pre">8,857,084</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre"> respectively, giving rights to a maximum number of shares to be issued of </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">6,510,658</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83pt;position:var(--position);text-decoration:none;white-space:pre">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88pt;position:var(--position);text-decoration:none;white-space:pre">6,760,392</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.43pt;position:var(--position);text-decoration:none;white-space:pre">8,857,084</span> respectively. <div style="font-size:0pt;left:36pt;position:var(--position);width:419.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:207pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:9.75pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:9pt"></td><td style="padding:0;width:64.5pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:207pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:21.76pt;position:var(--position);text-decoration:none;white-space:pre">(amounts in thousands of euros, except share data)</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">BASIC AND DILUTED LOSS PER SHARE</span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:12pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.94pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.16pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.25pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average number of outstanding shares</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">43,066,012<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">63,046,350<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:42.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:22.46pt"></span></span><span style="left:25.09pt;position:var(--position)">69,527,315<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net loss for the period</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(147,740)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(176,242)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:54.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:29.8pt"></span></span><span style="left:32.43pt;position:var(--position)">(336,102)</span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:207pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic and diluted loss per share (€/share) </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(3.43)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:281.25pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(2.80)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:354.75pt;position:var(--position);top:66.75pt;width:64.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.37pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:41.8pt"></span></span><span style="left:44.43pt;position:var(--position)">(4.83)</span></span></div></div></div></td></tr></tbody></table></div></div> 43066012 43066012 63046350 63046350 69527315 69527315 -147740000 -176242000 -336102000 -3.43 -3.43 -2.80 -2.80 -4.83 -4.83 28754280 29570132 8857084 6510658 6760392 8857084 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Related parties</span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.11pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The aggregate compensation of the members of the Group’s Board of Directors and to the Chief Executive Officer includes the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:101.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">following: </span></div><div style="position:var(--position);top:122.51pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:488.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:241.5pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:83.54pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">COMPENSATION</span></div></div></div></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fixed compensation owed </span></div></div></div></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">471<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">578<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">601<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Variable compensation owed </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">282<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">450<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Contributions in-kind </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">32<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">68<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">111<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employer contributions </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Attendance fees—board of directors </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">375<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">495<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">608<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payments </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,561<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">10,517<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,098<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting fees </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,210<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,930<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">11,657<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">9,869<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:278.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, 2024 and 2025, there was <span id="i658c175374ed4bf5bd441dc128bb2ec4_1893"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.91pt;position:var(--position);text-decoration:none;white-space:pre">no</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre"> liability related to post-employment defined benefit obligations for members </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:289.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the Group’s Board of Directors and Chief Executive Officer. No other post-employment benefits are granted.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:311.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Other arrangements with our Directors and Executive Officers </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:334.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group entered into an intellectual property assignment agreement with CEO Hartmut Ehrlich on July 7, 2021. The purpose of this </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:345.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">agreement is to transfer to the Group all the intellectual property rights held by Hartmut Ehrlich on certain patents of which he is a co-</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:356.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">inventor. No compensation has been paid in respect of this transfer. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:367.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In connection with Dr. Hartmut Ehrlich’s retirement as CEO, the Group entered into a transition protocol with Dr. Ehrlich in April </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:379.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2023. Pursuant to the transition protocol, Dr. Ehrlich remained a Group employee on a part-time basis until December 31, 2023 in a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:390.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">capacity as advisor to the new Chief Executive Officer against payment of a total compensation of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.59pt;position:var(--position);text-decoration:none;white-space:pre">€100</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.59pt;position:var(--position);text-decoration:none;white-space:pre"> thousand, and a departure </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:401.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">indemnity equal to  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.91pt;position:var(--position);text-decoration:none;white-space:pre">€1,210</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.41pt;position:var(--position);text-decoration:none;white-space:pre"> thousand was stated.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:412.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group entered into a management contract with CEO Marc de Garidel on April 18, 2023. In 2023, 2024 and 2025 the Group also </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:423.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">granted AGA plans to its CEO (see terms and conditions in Note 14).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:435.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group entered into a management contract with Chairman of the Board Sylvie Grégoire in July 2024. In 2024 and 2025, the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:446.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Group also granted BSA plans to its Chairman of the Board (see terms and conditions in Note 14).</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">The aggregate compensation of the members of the Group’s Board of Directors and to the Chief Executive Officer includes the </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:101.31pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43pt;position:var(--position);text-decoration:none;white-space:pre">following: </span></div><div style="position:var(--position);top:122.51pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:488.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:241.5pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.23pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:italic;font-weight:normal;left:83.54pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands of euros)</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:30.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">COMPENSATION</span></div></div></div></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2023</span></div></div></div></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2024</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:12pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.77pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.82pt;position:var(--position);text-decoration:none;white-space:pre">YEAR ENDED </span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.03pt;position:var(--position);text-decoration:none;white-space:pre">DECEMBER 31, </span></div><div style="line-height:8pt;position:var(--position);top:21.97pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:32.12pt;position:var(--position);text-decoration:none;white-space:pre">2025</span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fixed compensation owed </span></div></div></div></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">471<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">578<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:42.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">601<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Variable compensation owed </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">282<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:54.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">450<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Contributions in-kind </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">32<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">68<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:66.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">111<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Employer contributions </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:78.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:90.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Attendance fees—board of directors </span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">375<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">495<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:90.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">608<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Share-based payments </span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">6,561<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">10,517<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:102.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,098<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consulting fees </span></div></div></div></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">1,210<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:114.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:2.93pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.54pt;width:66.21pt"></span></span><span style="left:68.83999999999999pt;position:var(--position)">—<span style="display:inline-block;height:5.54pt;width:2.66pt"></span></span></span></div></div></div></td></tr><tr style="height:12pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:241.5pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:241.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total </span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:241.5pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">8,930<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:324.75pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:52.21pt"></span></span><span style="left:54.84pt;position:var(--position)">11,657<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:2pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:408pt;position:var(--position);top:126.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:3pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:5.41pt;width:56.21pt"></span></span><span style="left:58.84pt;position:var(--position)">9,869<span style="display:inline-block;height:5.41pt;width:2.66pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 471000 578000 601000 282000 450000 32000 68000 111000 0 0 0 375000 495000 608000 6561000 10517000 8098000 1210000 0 0 8930000 11657000 9869000 0 0 0 100000 1210000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Off-balance sheet </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:150.63pt;position:var(--position);text-decoration:none;white-space:pre">commitments given</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 25.1. Commitments under collaboration, research, service provision and licensing agreements granted by the Group </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:523.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Collaboration, research and development, and licensing agreements, and licensing options related to the “Modulation of RNA </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:533.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">biogenesis” platform. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:549.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:91.05000000000001pt;position:var(--position);text-decoration:none;white-space:pre">Exclusive licensing agreement with the CNRS, the University of Montpellier and the Institut Curie</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.21pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:565.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">On December 4, 2008, the French National Centre for Scientific Research (CNRS), the University of Montpellier and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:575.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">the Institut Curie granted the Group </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.45pt;position:var(--position);text-decoration:none;white-space:pre">four</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.11pt;position:var(--position);text-decoration:none;white-space:pre"> exclusive licenses. These licenses cover the use of their technology and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:585.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">products by the Group in the field of human and veterinary health relating to the use of synthetic products modifying </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:595.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">mRNA splicing, for research, diagnosis, prevention and treatment of any possible indication. The licensing agreement </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:605.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">includes low single-digit royalties based on future net sales to be paid by the Group. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:621.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.7pt;position:var(--position);text-decoration:none;white-space:pre">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:76.2pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:91.05000000000001pt;position:var(--position);text-decoration:none;white-space:pre">Research and development contract with license option with the CNRS, the University of Montpellier and Theradiag</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:568.94pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:631.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">The CNRS, the University of Montpellier, the Group and Theradiag conducted since 2013 a collaborative project </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:642.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">notably in the fields of HIV and HTLV-1 called CARENA, in connection with a funding obtained through Bpifrance. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654.01pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">The overall project provided for co-ownership and cross-licenses on the project's results through various instruments. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:665.51pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">The Group met all obligations and the project was closed in December 2024. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Exclusive licensing contract with “The Scripps Research Institute, University of Chicago and Brigham Young University” with the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">“Immune Stimulation” platform (ABX196 product) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:96.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On 11 November 2006, The Scripps Research Institute (La Jolla, California, USA), in agreement with the University of Chicago </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:106.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(Chicago, Illinois, USA) and Brigham Young University (Provo, Utah, USA), granted the Group an exclusive license in the field of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:116.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">human and veterinary health on its technology and products relating to the use of iNKT agonists for research, diagnosis, prevention </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and treatment of all possible indications. In consideration for the licensing rights granted to it under the agreement, the Group had to: </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:142.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">pay The Scripps Research Institute milestones at different stages of clinical and regulatory development of the first </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:152.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">product (the milestones amount to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.07pt;position:var(--position);text-decoration:none;white-space:pre">$50 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.66pt;position:var(--position);text-decoration:none;white-space:pre"> at IND filing, paid in September 2019 and capitalized, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.62pt;position:var(--position);text-decoration:none;white-space:pre">$300 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:564.21pt;position:var(--position);text-decoration:none;white-space:pre"> at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:162.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Phase 3 and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.29pt;position:var(--position);text-decoration:none;white-space:pre">$500 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.88pt;position:var(--position);text-decoration:none;white-space:pre"> at IND approval) and low single-digit royalties for vaccines, diagnostic tests and therapeutic </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:172.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">products, according to the amount of net sales, and </span><span style="font-family:'Times New Roman', serif;font-size:1pt;font-style:normal;font-weight:normal;left:296.67pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:188.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:72.7pt;position:var(--position)">•<span style="display:inline-block;height:6.93pt;width:14.85pt"></span></span><span style="left:91.05000000000001pt;position:var(--position)">give The Scripps Research Institute, University of Chicago and Brigham Young University an equitable interest in the </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:198.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">Group (as of the date of these financial statements, these </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.36pt;position:var(--position);text-decoration:none;white-space:pre">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.32pt;position:var(--position);text-decoration:none;white-space:pre"> academic institutions hold </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.18pt;position:var(--position);text-decoration:none;white-space:pre">0.41%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.01pt;position:var(--position);text-decoration:none;white-space:pre"> of the Group’s </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.05pt;position:var(--position);text-decoration:none;white-space:pre">undiluted capital). </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:230.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">During the year ended December 31, 2022, the Group made the decision to freeze the development program for ABX196 in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">treatment of hepatocellular cancer. Subsequently, in 2024, the licensing contract was terminated.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 25.2. Commitments under BPI conditional advances </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:296.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Bpifrance CARENA contract </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:312.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As part of the development of therapeutic and diagnostic solutions targeting alternative splicing and RNA interference in the fields of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:322.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">virology (HIV-AIDS, HTLV-1) and metabolism (obesity), SPLICOS (absorbed by the Group on 31 October 2014) has entered into a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:332.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Master Support Agreement with Bpifrance as well as a conditional advance contract in the name of the “CARENA” Strategic </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:342.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Industrial Innovation Project dated December 16, 2013. The Group, acting as project leader for the CARENA project, was associated </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:352.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as part of a consortium contract with Theradiag, a Group specializing in in vitro diagnostics and the development of theranostic tests </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:362.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for monitoring biotherapies, as well as at the CNRS and the University of Montpellier. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:384.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The CARENA project aimed to develop the anti-HIV-AIDS therapeutic program with the compound ABX464 up to the Phase 2b </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">study, as well as a companion test set up by Theradiag simultaneously with the clinical development. Beyond the anti-HIV-AIDS </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:404.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">program, the CARENA project could extend its pharmacological investigations to another retrovirus that could be combated by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">same approach: HTLV-1. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group is committed to reimbursing the received conditional advances up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.85pt;position:var(--position);text-decoration:none;white-space:pre">€3,840 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.94pt;position:var(--position);text-decoration:none;white-space:pre">. The Group will also have to pay an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:448.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">annuity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.3pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.63pt;position:var(--position);text-decoration:none;white-space:pre"> of the proceeds from the sale of the intellectual property rights resulting from the project, as well as the sale of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:460.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">prototypes, preproduction and models produced under the project; the sum due to Bpifrance under this provision will be deducted </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:472.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">from the repayment of the conditional advances. In addition, if the advance is repaid under the conditions outlined above, the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:484.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">will pay to Bpifrance, over a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.66pt;position:var(--position);text-decoration:none;white-space:pre"><span style="-sec-ix-hidden:f-3336">five</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.19pt;position:var(--position);text-decoration:none;white-space:pre"> consecutive years after the date on which the repayment schedule ends and provided that </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:496.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the Group has reached cumulative pre-tax revenue greater than or equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.05pt;position:var(--position);text-decoration:none;white-space:pre">€50 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.4pt;position:var(--position);text-decoration:none;white-space:pre">, an amount equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.2pt;position:var(--position);text-decoration:none;white-space:pre">1.20%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.03pt;position:var(--position);text-decoration:none;white-space:pre"> of the annual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:508.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">revenue generated from the sale of the products developed as part of the project. This supplementary payment amount is capped at </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:520.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€6,800 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.09pt;position:var(--position);text-decoration:none;white-space:pre">. The total period, including fixed payments and incentive payments, is limited to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.48pt;position:var(--position);text-decoration:none;white-space:pre">15 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.06pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:544.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance agreed to terminate the project due to technical failure. Termination became effective in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:556.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 2024 after the Group refunded  </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.1pt;position:var(--position);text-decoration:none;white-space:pre">€234 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.69pt;position:var(--position);text-decoration:none;white-space:pre"> corresponding to a portion of the funding received. The Group is therefore </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:567.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">released of its obligations to pay an annuities on the proceeds from the sale of the intellectual property rights resulting from the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">project. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:608.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Bpifrance RNP-VIR contract </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In pursuit of the CARENA project, focused on the clinical development of a drug molecule and demonstrating the validity of an </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:634.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">innovative therapeutic approach targeting viral RNPs, the Group has entered into a Master Support Agreement with Bpifrance as well </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:644.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as a beneficiary agreement with conditional advance for the “RNP-VIR” structuring research and development project for </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:654.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">competitiveness dated December 16, 2016. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:676.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The RNP-VIR project aimed to further the discovery of new molecules for the treatment of multiple infectious diseases by the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:686.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">development of the antiviral technology platform. The Group, acting as project leader of the RNP-VIR project, was associated in a </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:696.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">consortium contract with the CNRS and the University of Montpellier. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group is committed to reimburse the received conditional advances up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:349.51pt;position:var(--position);text-decoration:none;white-space:pre">€6,576 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.6pt;position:var(--position);text-decoration:none;white-space:pre">. If applicable, the Group will also have </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:80.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">to pay an annuity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.43pt;position:var(--position);text-decoration:none;white-space:pre">50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.76pt;position:var(--position);text-decoration:none;white-space:pre"> of the proceeds from the sale of the intellectual property rights resulting from the project, as well as the sale </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:90.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the prototypes, preproduction and models produced under the project. The sum due to Bpifrance under this provision will be </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:100.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">deducted from the last payment (and if needed from the previous payments). </span></div><div style="font-size:12pt;line-height:1pt;position:var(--position);top:122.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:1pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:123.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">If the advance is repaid under the conditions outlined above, the Group will pay to Bpifrance, over a period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.3pt;position:var(--position);text-decoration:none;white-space:pre"><span style="-sec-ix-hidden:f-3344">five</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.83pt;position:var(--position);text-decoration:none;white-space:pre"> consecutive years </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:133.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">following the date on which the repayment schedule ends and provided that the Group has reached cumulative pre-tax revenue greater </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:143.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">than or equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.93pt;position:var(--position);text-decoration:none;white-space:pre">€25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.28pt;position:var(--position);text-decoration:none;white-space:pre">, an amount equal to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.08pt;position:var(--position);text-decoration:none;white-space:pre">3%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.41pt;position:var(--position);text-decoration:none;white-space:pre"> of the annual revenue generated from the sale of products developed as part of the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:153.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">project. The supplementary payments amount is capped at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:270.99pt;position:var(--position);text-decoration:none;white-space:pre">€5,500 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:337.08pt;position:var(--position);text-decoration:none;white-space:pre">. The total period, including fixed payments and incentive </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:163.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">payments, is limited to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.5pt;position:var(--position);text-decoration:none;white-space:pre">15 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre">. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:185.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance agreed to terminate the project due to technical failure. Termination became effective in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:197.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 2024. The Group is therefore released of its obligations to pay an annuities on the proceeds from the sale of the intellectual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:208.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">property rights resulting from the project. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:238.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Bpifrance Ebola </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:254.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Bpifrance and Occitanie Region joint support agreement granted on June 2, 2017 consists of conditional advances to the Group </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">for a total amount of up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.4pt;position:var(--position);text-decoration:none;white-space:pre">€390 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.99pt;position:var(--position);text-decoration:none;white-space:pre">, based on the success of the program (respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.87pt;position:var(--position);text-decoration:none;white-space:pre">€130 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.46pt;position:var(--position);text-decoration:none;white-space:pre"> from the Languedoc </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:274.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Roussillon Midi Pyrénées Region and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.04pt;position:var(--position);text-decoration:none;white-space:pre">€260 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.63pt;position:var(--position);text-decoration:none;white-space:pre"> from Bpifrance). In September 2019, the Group decided to terminate this </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:284.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">program, due to the existence of a vaccine in the process of being licensed for this indication as well as changes in the macroeconomic </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:294.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">climate for public funding. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:316.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The reimbursement of the conditional advance was spread until June 2024. </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 25.3. Pledge assets to Kreos, Claret and Heights </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:360.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As part of the KREOS 1 &amp; 2 bonds, Kreos benefits from first-rate collateral on the Group’s principal tangible and intangible assets, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:370.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">including its commercial fund, intellectual property rights in its principal drug candidates, as well as a pledge of the Group’s bank </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:380.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accounts and claims. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:390.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">On August 21, 2023, the outstanding Kreos 1 &amp; 2 bond loans were repaid in full, using the proceeds from the new Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financing (see Note 3.1).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:425.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Kreos / Claret Financing provides for certain restrictive covenants (subject to customary exceptions) which include, among other </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:436.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">things, restrictions on the incurrence of indebtedness, cross-default, the distribution of dividends and the grant of security interests, and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:447.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">which would cause the bonds to become repayable on demand in case of breach. As of December 31, 2024, the Group complied with </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:459.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">these restrictive covenants.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:470.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As security for the Kreos / Claret Financing, the lenders benefit from the grant of first-ranking collateral on the Group’s principal </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:481.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tangible and intangible assets, including pledges over the Group’s business (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:341.53pt;position:var(--position);text-decoration:none;white-space:pre">fonds de commerce</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.67pt;position:var(--position);text-decoration:none;white-space:pre">) as a going concern and intellectual </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:492.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">property rights in the Group's lead drug candidate, as well as pledges over the Group’s bank accounts and receivables. Such securities </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:503.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">apply to all tranches of the Kreos / Claret Financing. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:515.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following the conversion of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.47pt;position:var(--position);text-decoration:none;white-space:pre">Tranche A bonds</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.3pt;position:var(--position);text-decoration:none;white-space:pre"> in August and November 2025, the exercise of the Kreos / Claret BSA in August 2025 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:526.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and the repayment of Tranches B and C bonds in December 2025, the Group no longer holds any debt related to the Kreos / Claret </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:537.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Financin</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre">g and is therefore released from the aforementioned commitments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:559.86pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Heights Financing is a senior, unsecured financing. The terms and conditions of the Heights convertible notes include a standard </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:571.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">negative pledge providing that any security granted in favor of other borrowed debt or debt instruments should also be granted in favor </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:582.26pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the Heights convertible notes on an equal basis (with the exception of the securities issued pursuant to the Kreos / Claret Financing, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:593.46pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">as detailed above).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:604.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following the conversion of Tranche A in July 2025, the Group no longer holds any debt related to the Heights Financing and is </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">therefore released from the aforementioned commitment.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 25.4. Other commitments related to research and partnership arrangements </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:661.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">In the ordinary course of business, the Group regularly uses the services of subcontractors and enters into research and partnership </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:671.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">arrangements with various contract research organizations, or CROs, and with public- sector partners or subcontractors, who conduct </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:681.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">clinical trials and studies in relation to the drug candidates. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:691.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At December 31, 2023, 2024, and 2025 the Group’s commitments amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.47pt;position:var(--position);text-decoration:none;white-space:pre">€201,777 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.56pt;position:var(--position);text-decoration:none;white-space:pre">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.06pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.56pt;position:var(--position);text-decoration:none;white-space:pre">€234,908 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:512.65pt;position:var(--position);text-decoration:none;white-space:pre"> and </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:703.06pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">205,131 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre">. The cost of services performed by CROs is recognized as an operating expense as incurred.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Note 25.5. Leases </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:124.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Following the end (in December 31, 2021) of the Framework agreement with </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.64pt;position:var(--position);text-decoration:none;white-space:pre">CNRS </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.24pt;position:var(--position);text-decoration:none;white-space:pre">(French National Centre for Scientific Research) </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:135.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and the University of Montpellier for research collaboration to create a cooperative laboratory, a hosting agreement was signed in </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:146.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2022 with CNRS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.86pt;position:var(--position);text-decoration:none;white-space:pre">, so that the Group can continue its research program at the CNRS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.29pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.79pt;position:var(--position);text-decoration:none;white-space:pre">center for the year 2023, and was subsequently </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:157.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">renewed for 2024, 2025 and 2026. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.93pt;position:var(--position);text-decoration:none;white-space:pre">The lease fell under the IFRS 16 short-term lease exemption until the 2025 renewal. As of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:168.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025 a right-of-use asset and a lease liability were recognized.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:192.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">I</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.33pt;position:var(--position);text-decoration:none;white-space:pre">n December 2022, following the end of the Research collaboration contract with the CNRS, the University of Montpellier and the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:204.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Institut Curie, the Company and the Institut Curie concluded a new contract for a duration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.19pt;position:var(--position);text-decoration:none;white-space:pre">one year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.31pt;position:var(--position);text-decoration:none;white-space:pre">, renewable by amendment, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:216.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">granting the Company access to some of the Institute’s equipment and consumables. The contract was subsequently renewed for 2024, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:228.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025 and 2026, under similar conditions.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.05pt;position:var(--position);text-decoration:none;white-space:pre"> Since the Group's right to use the equipment is non-exclusive, t</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.49pt;position:var(--position);text-decoration:none;white-space:pre">his agreement does not meet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:240.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">the definition of a lease under IFRS 16, and the related rental expenses are therefore recognized in operating expenses as incur</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.19pt;position:var(--position);text-decoration:none;white-space:pre">red. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:264.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's commitments in relation to the above lease are not significant. Information on other ongoing leases recognized in the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:276.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">balance sheet are set forth in Note 15.8 and 15.12.</span></div> 4 50000 300000 500000 3 0.0041 3840000 0.50 50000000 0.0120 6800000 P15Y 234000 6576000 0.50 25000000 0.03 5500000 P15Y 390000 130000 260000 201777000 234908000 205131000 P1Y <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Off-balance sheet commitments received and contingent assets </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:318.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The maximum amounts receivable by the Group after December 31, 2023 under the “RNP-VIR” and “CARENA” and innovation </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:328.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">agreements entered into with Bpifrance, subject to the provision of evidence to support the forecast expenses and the achievement of </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:338.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">scientific milestones, are </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.5pt;position:var(--position);text-decoration:none;white-space:pre">€3,255 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.59pt;position:var(--position);text-decoration:none;white-space:pre"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.02pt;position:var(--position);text-decoration:none;white-space:pre">€1,853 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.11pt;position:var(--position);text-decoration:none;white-space:pre">, respectively. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.36pt;position:var(--position);text-decoration:none;white-space:pre">In June 2024, the Group and Bpifrance agreed to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:348.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">terminate the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.9pt;position:var(--position);text-decoration:none;white-space:pre">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.89pt;position:var(--position);text-decoration:none;white-space:pre"> projects due to technical failures (see Note 15.7).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:370.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As part of the Kreos / Claret Financing agreement, the Group has received loan commitments from Kreos and Claret for the tranches B </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:382.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and C, of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.42pt;position:var(--position);text-decoration:none;white-space:pre">€25,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.51pt;position:var(--position);text-decoration:none;white-space:pre"> in aggregate principal amount each (subject to the conditions set forth in Note 15.1.). The B and C </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:394.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">tranches were drawn in March 2024 and June 2024, respectively. The Group redeemed all the tranches drawn as part of the Kreos / </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:406.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Claret Financing agreement during the year ended December 31, 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:418.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As part of the Heights Financing agreement, the Group has received a loan commitment from Heights for the tranche B, of up to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:430.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">€40,000 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre"> in aggregate principal amount (subject to the conditions set forth in Note 15.2.). </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.91pt;position:var(--position);text-decoration:none;white-space:pre">On the limit date for the drawdown </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:442.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">of the second tranche of the Heights Financing (i.e. August 4, 2024), the Group had not drawn down this tranche and has therefore </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:454.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">forgone its right to do so in the future. Tranche A was converted by the noteholders in July 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.5pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:478.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group has not received any significant off-balance sheet commitment and has no significant contingent asset as of December 31, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:490.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">2025.</span></div> 3255000 1853000 2 25000000 40000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.47999999999999pt;position:var(--position);text-decoration:none;white-space:pre">Management and assessment of financial risks </span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:550.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The principal financial instruments held by the Group are cash and cash equivalents. The purpose of holding these instruments is to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:561.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">finance the ongoing business activities of the Group. It is not the Group’s policy to invest in financial instruments for speculative </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:572.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">purposes. The Group does not use derivative financial instruments for hedging purposes. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:594.96pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The principal risks to which the Group is exposed to are liquidity risk, foreign currency exchange risk and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.51pt;position:var(--position);text-decoration:none;white-space:pre">credit</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.24pt;position:var(--position);text-decoration:none;white-space:pre"> risk. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Liquidity risk </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:646.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Liquidity risk management aims to ensure that the Group disposes of sufficient liquidity and financial resources to be able to meet </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">present and future obligations. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:679.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group prepares short-term cash forecasts and annual operating cash flow forecasts as part of its budget procedures.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:70.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Prudent liquidity risk management involves maintaining sufficient liquidity, having access to financial resources through appropriate </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:81.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">credit facilities and being able to unwind market positions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:104.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group’s operations have consumed substantial amounts of cash since inception. Developing pharmaceutical drug candidates, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:115.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">including conducting clinical trials, is expensive, lengthy and risky, and the Group expects its research and development expenses to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:126.56pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">increase substantially in connection with its ongoing activities. Accordingly, the Group will continue to require substantial additional </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:137.76pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">capital to continue its clinical development activities and potentially engage in commercialization activities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:160.16pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's estimate of its cash runway as of the date of approval of these financial statements is set forth in Note 2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:500.59pt;position:var(--position);text-decoration:none;white-space:pre"> - Going concern.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:189.36pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Interest rate risk </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:212.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2023, following the full repayment of the Kreos 1 bonds, all the Group’s non-derivative financial liabilities </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:224pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accounted for at amortized cost bore fixed interest rates. Therefore, the Group had limited exposure.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:246.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Over the year ended December 31, 2024, the Group had drawn down the second and third tranches of the Kreos / Claret Financing, </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:257.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">bearing variable interest rates (consisting of a fixed margin of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.13pt;position:var(--position);text-decoration:none;white-space:pre">7.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.96pt;position:var(--position);text-decoration:none;white-space:pre"> + European Central Bank Base Rate (MRO), with a floor at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:548.81pt;position:var(--position);text-decoration:none;white-space:pre">2.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:569.64pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:268.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">and a cap at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.92pt;position:var(--position);text-decoration:none;white-space:pre">4%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.25pt;position:var(--position);text-decoration:none;white-space:pre">) and had therefore performed a reassessment of its exposure to interest rate risk. Due to the interest rate collar having </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:280pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">a range of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.45pt;position:var(--position);text-decoration:none;white-space:pre">150</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.45pt;position:var(--position);text-decoration:none;white-space:pre"> bp, the Group concluded that it still had limited exposure.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:302.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025, the Group had reimbursed all its interest-bearing liabilities.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:313.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group's investments are short-term, highly liquid, and predominantly classified within Cash &amp; cash equivalents.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:324.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Accordingly, the Group has very limited exposure to interest rate risk.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:354pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Foreign currency risk</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:123.67pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:370pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The Group is exposed to a risk of exchange rates fluctuations on commercial transactions performed in currencies different from the </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:380pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">functional currency of the Group entity recording the transactions. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:402pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.44pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:62.94pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025, the monetary assets and liabilities denominated in U.S. dollars held by the Company amounted to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">respectively </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.75pt;position:var(--position);text-decoration:none;white-space:pre">€327,222 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.84pt;position:var(--position);text-decoration:none;white-space:pre"> (of which cash and cash equivalents of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:322.67pt;position:var(--position);text-decoration:none;white-space:pre">€143,180 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.76pt;position:var(--position);text-decoration:none;white-space:pre"> and intercompany receivables</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:520.53pt;position:var(--position);text-decoration:none;white-space:pre"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.86pt;position:var(--position);text-decoration:none;white-space:pre">€194,712 </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:426pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.09pt;position:var(--position);text-decoration:none;white-space:pre">) and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.85pt;position:var(--position);text-decoration:none;white-space:pre">€24,368 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.94pt;position:var(--position);text-decoration:none;white-space:pre"> (of which intercompany payables of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.23pt;position:var(--position);text-decoration:none;white-space:pre">€22,726 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.32pt;position:var(--position);text-decoration:none;white-space:pre">)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.65pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:438pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">As a result, a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.66pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.99pt;position:var(--position);text-decoration:none;white-space:pre"> adverse change in the euro c</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.95pt;position:var(--position);text-decoration:none;white-space:pre">losing exchange rate </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.56pt;position:var(--position);text-decoration:none;white-space:pre">against the U.S. dollar would have resulted in a foreign exchange </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:450pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">loss of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.88pt;position:var(--position);text-decoration:none;white-space:pre">€29,747 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.97pt;position:var(--position);text-decoration:none;white-space:pre">, while a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.59pt;position:var(--position);text-decoration:none;white-space:pre">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.92pt;position:var(--position);text-decoration:none;white-space:pre"> favorable change would have resulted in a foreign exchange gain of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.71pt;position:var(--position);text-decoration:none;white-space:pre">€36,358 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.8pt;position:var(--position);text-decoration:none;white-space:pre">.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:462pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The U.S. Subsi</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.53pt;position:var(--position);text-decoration:none;white-space:pre">diar</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.06pt;position:var(--position);text-decoration:none;white-space:pre">y does not hold any monetary asset or liability denominated in currencies different from its functioning currency </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:474pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">(the U.S. dollar).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:498pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">At this stage, the Group has not adopted any recurring mechanism of hedging to protect its activity against currency fluctuations. From </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:508pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">time to time, the Group may nevertheless subscribe currency term accounts in order to cover a commitment in currency as described </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:518pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">above. The Group may consider in the future using a suitable policy to hedge exchange risks in a more significant manner if needed. </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">Credit risk </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:568pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The credit risk related to the Group’s cash and cash equivalents is not significant in light of the quality of the co-contracting financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:579.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">institutions. As of December 31, 2025, substantially all of the Group’s cash and cash equivalents were maintained with </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.1pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.63pt;position:var(--position);text-decoration:none;white-space:pre"> financial </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:590.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">institutions in France and in the United States. While the Group’s deposit accounts are i</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.43pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">nsured up to the legal limit, the maintained </span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:601.6pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">balances may, at times, exceed this insured limit. As of December </span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.31pt;position:var(--position);text-decoration:none;white-space:pre">31, 2025, the Group maintained</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.43pt;position:var(--position);text-decoration:none;white-space:pre"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.93pt;position:var(--position);text-decoration:none;white-space:pre">€92,482 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.02pt;position:var(--position);text-decoration:none;white-space:pre"> in bank deposit </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:612.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">accounts that are in excess of the legally insured limit in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.19pt;position:var(--position);text-decoration:none;white-space:pre">five</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.72pt;position:var(--position);text-decoration:none;white-space:pre"> legally insured financial institutions, in addition to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.42pt;position:var(--position);text-decoration:none;white-space:pre">€437,032 thousand</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:561.51pt;position:var(--position);text-decoration:none;white-space:pre"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:624pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">invested in mutual funds and structured notes, all invested with well-established financial institutions. The Group has not experienced </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:635.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">any losses in such accounts and does not believe that it is exposed to any significant credit risk related to these instruments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:657.6pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">The credit risk related to the Group’s </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:186.65pt;position:var(--position);text-decoration:none;white-space:pre">O</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:193.87pt;position:var(--position);text-decoration:none;white-space:pre">ther</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:209.96pt;position:var(--position);text-decoration:none;white-space:pre"> receivables and related accounts</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.24pt;position:var(--position);text-decoration:none;white-space:pre"> is minimal. In particular, the credit risk related to </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:668.8pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre">advances made to C</span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.17pt;position:var(--position);text-decoration:none;white-space:pre"><span style="background-color:inherit">ROs (see Note 9) is</span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.43pt;position:var(--position);text-decoration:none;white-space:pre"> deemed insignificant due to their credit ratings.</span></div> 0.075 0.025 0.04 0.0150 327222000 143180000 194712000 24368000 22726000 0.10 -29747000 0.10 36358000 5 92482000 5 437032000