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2025-01-01 2025-12-31 0001866782 srt:MinimumMember 2024-01-01 2024-12-31 0001866782 srt:MaximumMember 2024-01-01 2024-12-31 0001866782 cdro:LTIPMember 2025-12-31 0001866782 cdro:LTIPMember 2025-01-01 2025-12-31 0001866782 cdro:LTIPMember 2026-01-01 2026-03-31 iso4217:USD shares iso4217:USD shares pure iso4217:EUR iso4217:EUR shares cdro:Decimal false 2025 FY 0001866782 20-F false true 2025-12-31 --12-31 false false 001-41107 Codere Online Luxembourg, S.A. N4 7 rue Robert Stümper L-2557 Luxembourg Luxembourg LU LU B255798 Guillermo Lancha ir@codereonline.com +34 91354 28 00 Avda. Bruselas, 26 28108 Alcobendas Madrid Ordinary Shares CDRO NASDAQ Warrants CDROW NASDAQ 45249812 No No Yes Yes Accelerated Filer true false false false International Financial Reporting Standards false <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90E_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250101__20251231_zcNdnYG2cPS9"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250101__20251231_zALv9zYbMBp4">Codere Online has developed an information security program to assess, identify, and manage material risks from cybersecurity threats. This program is integrated into Codere Online’s overall enterprise risk management system (“ERM”) as a key risk. If the ERM process identifies a heightened cybersecurity risk, the appropriate team is tasked with developing risk mitigation strategies and plans, which are monitored to completion.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Codere Online relies on its parent company, Codere Group, to provide services including, among other things, technical assistance and technology, IT operations, security and cybersecurity, and systems, pursuant to the New Platform and Technology Services Agreement. Codere Apuestas Espana, S.L.U. has obtained an ISO/IEC 27001:2022 certification, which expires on June 22, 2028, for the information systems that provide support to the provision of land-based fixed-odds betting services and online gaming services to other entities of the Codere Group. The certification was obtained from an independent, external consultant. Codere Group maintains a cyber incident management procedure which defines how it would support Codere Online in the event of an incident. In addition, Codere Group utilizes the assistance of third-party consultants in connection with its information security program to help identify threats and define strategies for addressing the same. Codere Online may also hire such third-party consultants on an <i>ad hoc</i> basis, as necessary.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Codere Group has an Information Security and Technology Risk Management Team (ISTRM Team) that supports Codere Online in addressing information technology risks, including cybersecurity risks. Codere Online’s information security program includes policies and procedures designed to identify how information security measures and controls are developed, implemented, and maintained, including an Information Security Policy, Acceptable Use of Information Assets Policy, and Business Continuity Management Policy. An internal cybersecurity risk assessment is conducted annually by Codere Group which includes risks to Codere Online and is used by management to consider implementing and augmenting cybersecurity controls where feasible and appropriate to mitigate cybersecurity risk exposure.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Codere Online utilizes multiple training methodologies to ensure employee awareness of cybersecurity risks and practices. Employees receive information from security awareness campaigns. Training also includes email phishing campaigns which can prompt further training depending on the results. Codere Online has a written Personal Data Breach Management Procedure which identifies a cross-functional Computer Security Incident Response Team (CSIRT Team) to address potential cybersecurity incidents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag_dbT_c20250101__20251231_zlbJK419H7u1">Codere Online engages with a number of service providers in connection with normal business operations. Codere Online uses various processes to address cybersecurity threats related to third-party service providers, including, where appropriate, pre-acquisition diligence questionnaires, imposition of contractual data security and privacy obligations, and ad hoc monitoring activities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Although from time to time, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90C_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbT_c20250101__20251231_znLSZLhHb163">Codere Online experiences cyber incidents, Codere Online is not aware of any risks from cybersecurity threats that have materially affected, or are reasonably likely to materially affect Codere Online, including strategies, results of operations, or financial condition.</span> There can be no guarantee that (i) Codere Online’s policies and procedures will be properly followed in every instance or that those policies and procedures will be effective or (ii) that there will not be incidents in the future or that they will not materially affect Codere Online, including Codere Online’s strategy, results of operations, or financial condition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">For more information about cybersecurity risks, see the risk factor titled “<i>Codere Online’s network, information technology systems and accounting systems are subject to error, damage and interruption and are vulnerable to hacker intrusion, cyberattacks and system breaches” </i>in Item 3.D of this annual report.</p> true Codere Online has developed an information security program to assess, identify, and manage material risks from cybersecurity threats. This program is integrated into Codere Online’s overall enterprise risk management system (“ERM”) as a key risk. If the ERM process identifies a heightened cybersecurity risk, the appropriate team is tasked with developing risk mitigation strategies and plans, which are monitored to completion. true true <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><i>Governance</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">Cybersecurity is important to Codere Online’s risk management processes. As mentioned above, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90F_ecyd--CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250101__20251231_zqklSN56apo7">the ISTRM Team oversees and addresses risks from cybersecurity threats. Imminent threats are handled by the CSIRT Team.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_903_ecyd--CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250101__20251231_zqKqxQ3lsuBk">These individuals are informed about, and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management and strategy processes described above, including the operation of Codere Online’s incident response plan.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskRoleOfManagementTextBlock_c20250101__20251231_zYZa5pnp4rw4">The incident response plan provides for notification to management, the data protection team and, where applicable, the Board of Directors, as appropriate, of any actual or suspected significant cybersecurity incidents and requires regular updates to these parties during an investigation. Members of the ISTRM team and the Manager of IT Service Management meet periodically, but at least quarterly, with Codere Online senior executives, including the Chief Information Security Officer, to review Codere Online’s internal process, policies, and practices, for assessing and managing material risks from cybersecurity threats.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90F_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250101__20251231_zlkPvpo5PSD3">The Audit Committee has oversight responsibility for risks and incidents relating to cybersecurity threats.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90C_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock_c20250101__20251231_zRjhX5IKTPVa">The Audit Committee receives reports from management about the prevention, detection, mitigation, and remediation of cybersecurity risks. The Audit Committee reports to the full board periodically, and at least annually, on its review of cybersecurity controls, policies, practices and risks. Effective in 2024, as part of the Audit Committee’s quarterly meetings with management, the Audit Committee will receive briefings from the Manager of IT Service Management and, where appropriate, other individuals with responsibility for cybersecurity, to discuss cybersecurity risks and threats.</span> The Audit Committee will review important trends and developments in cybersecurity risks, information security controls and proposed controls, and related legal requirements and their effect on Codere Online.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90C_ecyd--CybersecurityRiskManagementExpertiseOfManagementResponsibleTextBlock_c20250101__20251231_z2H3K5r9xnad">Oversight of the Information Security Policy and the Acceptable Use of Information Assets Policy is handled by Information Security Management, which is led by the Manager of IT Service Management. The Manager of IT Service Management at Codere Online has more than 25 years of experience in consulting and IT services and is experienced with the assessment, definition, and implementation of IT processes and metrics, and adaptation and application of frameworks and standards, balanced score cards, and audits.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_908_ecyd--CybersecurityRiskProcessForInformingManagementOrCommitteesResponsibleTextBlock_c20250101__20251231_zAm9v0987Wug">The Manager of IT Service Management is supported by the Director of Information Security and Technology Risk – Chief Information Security Officer at Codere Group.</span> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_906_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag_dbT_c20250101__20251231_zWnR6IIMI1h6">She has more than 24 years of experience as head of cybersecurity in large organizations in the financial and telecommunications sector, where she has been responsible for the design and implementation of information security and IT services.</span></p> the ISTRM Team oversees and addresses risks from cybersecurity threats. Imminent threats are handled by the CSIRT Team. These individuals are informed about, and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management and strategy processes described above, including the operation of Codere Online’s incident response plan. The incident response plan provides for notification to management, the data protection team and, where applicable, the Board of Directors, as appropriate, of any actual or suspected significant cybersecurity incidents and requires regular updates to these parties during an investigation. Members of the ISTRM team and the Manager of IT Service Management meet periodically, but at least quarterly, with Codere Online senior executives, including the Chief Information Security Officer, to review Codere Online’s internal process, policies, and practices, for assessing and managing material risks from cybersecurity threats. true The Audit Committee receives reports from management about the prevention, detection, mitigation, and remediation of cybersecurity risks. The Audit Committee reports to the full board periodically, and at least annually, on its review of cybersecurity controls, policies, practices and risks. Effective in 2024, as part of the Audit Committee’s quarterly meetings with management, the Audit Committee will receive briefings from the Manager of IT Service Management and, where appropriate, other individuals with responsibility for cybersecurity, to discuss cybersecurity risks and threats. Oversight of the Information Security Policy and the Acceptable Use of Information Assets Policy is handled by Information Security Management, which is led by the Manager of IT Service Management. The Manager of IT Service Management at Codere Online has more than 25 years of experience in consulting and IT services and is experienced with the assessment, definition, and implementation of IT processes and metrics, and adaptation and application of frameworks and standards, balanced score cards, and audits. The Manager of IT Service Management is supported by the Director of Information Security and Technology Risk – Chief Information Security Officer at Codere Group. true 206 MaloneBailey, LLP Houston, Texas 13378000 11617000 417000 453000 2021000 1957000 10940000 9207000 67483000 62923000 7841000 9122000 9659000 13494000 49983000 40307000 80861000 74540000 28698000 24220000 28546000 24071000 152000 149000 2880000 5358000 1615000 1638000 3720000 1265000 49283000 44962000 504000 364000 1808000 3365000 46971000 41233000 80861000 74540000 210407000 200704000 161647000 25004000 18784000 17437000 645000 388000 114000 -179020000 -177201000 -158850000 204669000 196373000 176401000 5738000 4331000 -14754000 2426000 -1041000 -5826000 -2426000 1041000 5826000 3312000 5372000 -8928000 2017000 1462000 -6513000 1295000 3910000 -2415000 1292000 3908000 -2417000 3000 2000 2000 0.03 0.09 -0.05 0.03 0.08 -0.05 1295000 3910000 -2415000 -486000 -2834000 -3402000 -486000 -2834000 -3402000 -486000 -2834000 -3402000 809000 1076000 -5817000 806000 1074000 -5819000 3000 2000 2000 45122000 22434000 106920000 -46382000 -102037000 -1655000 24402000 145000 24547000 -2417000 -2417000 2000 -2415000 -3402000 -3402000 -3402000 -2417000 -3402000 -5819000 2000 -5817000 46382000 -46382000 310000 310000 310000 176000 -176000 2246000 2246000 2246000 45298000 24814000 106920000 -2417000 -148419000 -5057000 21139000 147000 21286000 3908000 3908000 2000 3910000 -2834000 -2834000 -2834000 3908000 -2834000 1074000 2000 1076000 2417000 -2417000 193000 -193000 1858000 1858000 1858000 45491000 26479000 106920000 3908000 -150836000 -7891000 24071000 149000 24220000 1292000 1292000 3000 1295000 -486000 -486000 -486000 1292000 -486000 806000 3000 809000 -3908000 3908000 150000 -150000 -2359000 -2359000 -2359000 6028000 6028000 6028000 45641000 29998000 106920000 1292000 -146928000 -8377000 28546000 152000 28698000 3312000 5372000 -8928000 9099000 1205000 -3466000 121000 146000 114000 6028000 1858000 2246000 -5027000 -6519000 -1618000 3249000 8990000 5292000 -25000 -1382000 -1020000 1573000 -719000 -3310000 890000 342000 603000 1815000 188000 105000 524000 242000 -108000 6647000 -541000 2034000 5283000 2136000 -9269000 1364000 -2677000 11303000 2550000 2093000 1220000 16508000 3943000 -11580000 85000 256000 245000 -85000 -256000 -245000 1557000 1740000 -1330000 188000 105000 471000 197000 2359000 -4575000 -2042000 1330000 11848000 1645000 -10495000 40307000 41278000 53808000 -2172000 -2616000 -2035000 49983000 40307000 41278000 588000 2200000 311000 <p id="xdx_80E_ecustom--BackgroundTextBlock_zNtFBqPFtIC2" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>1.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_82E_z9zLevFvoOFa">BACKGROUND</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On June 4, 2021, Codere Online Luxembourg, S.A. (the “Company” and, together with its subsidiaries, “Codere Online”), was incorporated and was registered in Luxembourg as a public limited company (société anonyme) under the laws of Luxembourg with its registered office at 7, rue Robert Stumper, L-2557 Luxembourg, Grand Duchy of Luxembourg and has been registered with the Luxembourg trade and companies register (Registre de commerce et des sociétés, Luxembourg) under the number B255798.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online is comprised of the former online gambling operations of its majority shareholder Codere Group Topco, S.A. and its subsidiaries (“Codere Group”) in Spain, Mexico, Colombia, Panama, and Argentina focused on online gambling and other online services. Codere Group controls Codere Online through its operating Spanish Holdco, Codere Newco, S.A.U. (“CNEW”), which holds 66.3% of the ordinary shares of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Group is a leading international gaming operator that operates slot machines, bingo seats and sports betting terminals in Latin America (Argentina, Colombia, Mexico, Panama and Uruguay), Spain and Italy, across various gaming venues, including gaming halls, arcades, bars, sports betting shops and horse racetracks.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The perimeter, as of December 31, 2025, consists of 9 operating and supporting entities (Spain, United States, Mexico, Colombia, Panama, Israel and Argentina) and 2 holding companies (Spain and Luxembourg).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfEntityTableTextBlock_pn3n3_zdM7iCnem551" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - BACKGROUND (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in"><span id="xdx_8BA_zuL9TBHeFMdd" style="display: none">Schedule of Entity</span></td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Entity</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Entity Type</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ownership</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Location</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 40%; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Luxembourg S.A.</td> <td style="width: 1%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_902_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zgD586jy8Zy" title="Entity Type">Holding Company</span></td> <td style="width: 2%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_90F_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zIu94B3R6MUk" title="Ownership percentage">100%</span></td> <td style="width: 2%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_902_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zyr3ek2NreZ3" title="Location">Luxembourg</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online U.S. Corp.</td> <td> </td> <td style="text-align: center"><span id="xdx_90D_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_z0iAgAatYjj4" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_905_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_zCbYQcJACkUi" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_zmLYpJmviT79" title="Entity Type">United States</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Servicios de Juego Online S.A.U. (SEJO)</td> <td> </td> <td style="text-align: center"><span id="xdx_909_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zHfUMx1qeAYe" title="Entity Type">Holding Company</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90F_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zLkragfItBN8" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zNW6IY3civ1i" title="Entity Type">Spain</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online S.A.U.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zmRx13Htx8Mi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_900_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zw7P4gd6uk0d" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zV5F8s7mJwSa" title="Entity Type">Spain</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Colombia S.A.S.</td> <td> </td> <td style="text-align: center"><span id="xdx_90F_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zCIf6uLAtLgi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90A_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zvJJERd1Szu5" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_904_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zpclAn9xysQb" title="Entity Type">Colombia</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Operating Management Services Panama S.A.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_zWaBha8JZnsi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_906_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_z5ii6S9rjDz7" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_z9U49fWAmqic" title="Entity Type">Panama</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">LIFO AenP.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_zjdsxAMXfAog" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_zi51PSEHztwc" title="Ownership percentage">99.99%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_fKio___zpLdMpXtEig2" title="Entity Type">Mexico</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Mexico S.A de C.V.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_zvng3RdhHOyj" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_908_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_znbZS0dx3iac" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_zc0cOAB5Sskj" title="Entity Type">Mexico</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Argentina, S.A.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_z8aijhyZhIad" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_908_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_zJb3QviW0mlf" title="Ownership percentage">95%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_907_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_fKio___zwFT6CcvPKCc" title="Entity Type">Argentina</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Argentina, S.A. Unión Transitoria.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_zN78vPhpYDIa" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_900_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_fKg_____zNA0F8G7AZ97" title="Ownership percentage">92.2%</span>*</td> <td> </td> <td style="text-align: center"><span id="xdx_90A_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_fKio___zfNM0rngGmfk" title="Entity Type">Argentina</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Israel Marketing Support Services LTD.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_zIzpR0YptOWg" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90C_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_zuYFYrVppcTj" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_z6xsSsOnETW4" title="Entity Type">Israel</span></td> <td> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F0E_zaRCzmrhI43f" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F17_zkFmlz1kESh4" style="text-align: justify">1% directly through SEJO and 96% indirectly through Codere Online’s 95% ownership of Codere Online Argentina, S.A.</td> </tr> </table> <p id="xdx_8AA_zKAAfBBsKqqd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The ordinary shares and warrants of the Company have been listed on the Nasdaq since December 1, 2021.</p> <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfEntityTableTextBlock_pn3n3_zdM7iCnem551" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - BACKGROUND (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in"><span id="xdx_8BA_zuL9TBHeFMdd" style="display: none">Schedule of Entity</span></td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Entity</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Entity Type</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ownership</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Location</td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 40%; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Luxembourg S.A.</td> <td style="width: 1%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_902_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zgD586jy8Zy" title="Entity Type">Holding Company</span></td> <td style="width: 2%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_90F_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zIu94B3R6MUk" title="Ownership percentage">100%</span></td> <td style="width: 2%"> </td> <td style="width: 18%; text-align: center"><span id="xdx_902_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineLuxembourgSAMember_zyr3ek2NreZ3" title="Location">Luxembourg</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online U.S. Corp.</td> <td> </td> <td style="text-align: center"><span id="xdx_90D_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_z0iAgAatYjj4" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_905_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_zCbYQcJACkUi" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineUSCorpMember_zmLYpJmviT79" title="Entity Type">United States</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Servicios de Juego Online S.A.U. (SEJO)</td> <td> </td> <td style="text-align: center"><span id="xdx_909_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zHfUMx1qeAYe" title="Entity Type">Holding Company</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90F_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zLkragfItBN8" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--ServiciosdeJuegoOnlineSAUMember_zNW6IY3civ1i" title="Entity Type">Spain</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online S.A.U.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zmRx13Htx8Mi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_900_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zw7P4gd6uk0d" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineSAUMember_zV5F8s7mJwSa" title="Entity Type">Spain</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Colombia S.A.S.</td> <td> </td> <td style="text-align: center"><span id="xdx_90F_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zCIf6uLAtLgi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90A_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zvJJERd1Szu5" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_904_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineColombiaSASMember_zpclAn9xysQb" title="Entity Type">Colombia</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Operating Management Services Panama S.A.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_zWaBha8JZnsi" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_906_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_z5ii6S9rjDz7" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--OperatingManagementServicesPanamaS.A.Member_z9U49fWAmqic" title="Entity Type">Panama</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">LIFO AenP.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_zjdsxAMXfAog" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_zi51PSEHztwc" title="Ownership percentage">99.99%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_901_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--LIFOAenPMember_fKio___zpLdMpXtEig2" title="Entity Type">Mexico</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Mexico S.A de C.V.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_zvng3RdhHOyj" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_908_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_znbZS0dx3iac" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineMexicoSAdeCVMember_zc0cOAB5Sskj" title="Entity Type">Mexico</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Argentina, S.A.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_z8aijhyZhIad" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_908_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_zJb3QviW0mlf" title="Ownership percentage">95%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_907_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.Member_fKio___zwFT6CcvPKCc" title="Entity Type">Argentina</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Online Argentina, S.A. Unión Transitoria.</td> <td> </td> <td style="text-align: center"><span id="xdx_90C_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_zN78vPhpYDIa" title="Entity Type">Operating Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_900_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_fKg_____zNA0F8G7AZ97" title="Ownership percentage">92.2%</span>*</td> <td> </td> <td style="text-align: center"><span id="xdx_90A_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereOnlineArgentinaS.A.UnionTransitoria.Member_fKio___zfNM0rngGmfk" title="Entity Type">Argentina</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Codere Israel Marketing Support Services LTD.</td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--DescriptionOfEntityType_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_zIzpR0YptOWg" title="Entity Type">Supporting Entity</span></td> <td> </td> <td style="text-align: center"><span id="xdx_90C_eifrs-full--PercentageOfVotingEquityInterestsAcquired_iI_pid_c20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_zuYFYrVppcTj" title="Ownership percentage">100%</span></td> <td> </td> <td style="text-align: center"><span id="xdx_903_ecustom--DescriptionOfLocation_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--CodereIsraelMarketingSupportServicesLTDMember_z6xsSsOnETW4" title="Entity Type">Israel</span></td> <td> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F0E_zaRCzmrhI43f" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F17_zkFmlz1kESh4" style="text-align: justify">1% directly through SEJO and 96% indirectly through Codere Online’s 95% ownership of Codere Online Argentina, S.A.</td> </tr> </table> Holding Company 1 Luxembourg Supporting Entity 1 United States Holding Company 1 Spain Operating Entity 1 Spain Operating Entity 1 Colombia Operating Entity 1 Panama Operating Entity 0.9999 Mexico Supporting Entity 1 Mexico Operating Entity 0.95 Argentina Operating Entity 0.922 Argentina Supporting Entity 1 Israel <p id="xdx_80E_eifrs-full--DisclosureOfReclassificationsOrChangesInPresentationExplanatory_z8w5tmyZ87Mk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>2.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_823_znTBJZLEClxl">BASIS OF PRESENTATION OF THE CONSOLIDATED FINANCIAL STATEMENTS</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The accompanying consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) and pursuant to the interpretations issued by Interpretation Committee of the IASB (“IFRIC”). Note 3 includes a detailed description of the most significant accounting policies used consistently to prepare these consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The consolidated financial statements were approved by the board of directors on April 28, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b>Changes in perimeter</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The perimeter of Codere Online, as of December 31, 2025, consists of 9 operating and supporting entities (Spain, United States, Mexico, Colombia, Panama, Israel and Argentina) and 2 holding companies (Spain and Luxembourg) as described in Note 1 of these Consolidated Financial Statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online Operator Ltd., which was previously included in the consolidation perimeter, was liquidated on August 28, 2024, and have therefore been excluded from the consolidation perimeter. The liquidation was finalized on May 25, 2025.</p> <p id="xdx_80D_eifrs-full--DescriptionOfAccountingPolicyForBiologicalAssetsExplanatory_zWaGzxJ5gS3e" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>3.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_82A_zPPOyqPWy73g">ACCOUNTING POLICIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As stated in Note 2, Codere Online’s consolidated financial statements for the periods ended December 31, 2025, 2024, and 2023, have been prepared in accordance with IFRS as issued by the IASB and pursuant to the interpretations issued by the IFRIC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The following is a description of the material accounting policies used in preparing the accompanying consolidated financial statements:</p> <p id="xdx_841_ecustom--BasisOfConsolidationPolicyTextBlock_z0ap2ujLY0J" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">a)</td> <td style="text-align: justify"><span id="xdx_860_zjZZQEqqo6xd">Basis of consolidation</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The consolidated financial statements incorporate the financial statements of the Company and entities controlled by the Company (its subsidiaries) made up to December 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Control over an investee is achieved by a person or entity when such person or entity (i) has power over the investee, (ii) has exposure, or has rights, to variable returns from its involvement with the investee or (iii) has the ability to use its power to affect the investee’s variable returns.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The Company holds 100% ownership of its subsidiaries except for (i) the AenP with LIFO, under which the Company is entitled to receive 99.99% of any distributed profits, (ii) Codere Argentina, S.A. Unión Transitoria of which 1% directly through SEJO and 96% indirectly through Codere Online’s 95% ownership of Codere Online Argentina S.A., and (iii) Codere Online Argentina, S.A., of which SEJO holds 95% and the economic rights over the remaining 5% after it was incorporated and registered on January 28, 2022. Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ceases when the Company loses control of the subsidiary. Specifically, the results of subsidiaries acquired or disposed of during the year are included in profit or loss from the date the Company gains control until the date when the Company ceases to control the subsidiary. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used in line with the Company’s accounting policies. All intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between the members of the Company are eliminated on consolidation.</p> <p id="xdx_84D_ecustom--FunctionalAndPresentationCurrencyPolicyTextBlock_zroRDLujGSQa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">b)</td> <td style="text-align: justify"><span id="xdx_861_zfvZNc9ctoKe">Functional and presentation currency</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The functional currency of all entities comprising Codere Online is the currency of the countries in which they operate. The presentation currency of Codere Online is the Euro and therefore, all balances and transactions denominated in currencies other than the Euro are deemed to be denominated in a foreign currency.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Transactions in foreign currencies are translated at their initial valuation at the spot exchange rate in effect at the transaction date. Monetary assets and liabilities denominated in foreign currencies are translated at the spot exchange rate prevailing at the statement of financial position date. Exchange differences, both positive and negative, arising in this process, as well as those arising on settlement of these assets and liabilities, are recognized in the consolidated statement of operations for the year in which they arise.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Amounts are presented in these consolidated financial statements are in thousands of euros, unless otherwise stated.</p> <p id="xdx_84A_ecustom--EntitiesLocatedInHyperinflationaryEconomiesPolicyTextBlock_zpM4rYZBYTmj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">c)</td> <td style="text-align: justify"><span id="xdx_86A_zVc3KituZeH6">Entities located in hyperinflationary economies</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">In accordance with IAS 29 “Financial Reporting in Hyperinflationary Economies” a subsidiary operates in a country with hyperinflationary economy when the cumulative inflation rate over three years approaches or exceeds 100%. The standard provides the following criteria for determining whether an economy is experiencing hyperinflation: The population expresses prices in terms of a foreign currency or a relatively stable index, the general population prefers to keep its wealth in non-monetary assets or in a relatively stable foreign currency, sales and purchases on credit take place at prices that compensate for the expected loss of purchasing power during the credit period, even if the period is short or the inflation rate over 12 months is equal to or exceeds 50%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Since 2018, the economy of Argentina, has been considered hyperinflationary under the above criteria and mainly because Argentina had a significant increase in inflation which has cumulative inflation that exceeded 100% over the preceding three-year period, together with other qualitative indicators that continue to exist.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">When IAS 29 applies, the subsidiary’s financial statements are adjusted for the effects of changes in the general price level, in order to provide users with information that is more meaningful and useful, which means that:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Adjust the historical cost of the non-monetary assets and liabilities and the various equity items from the date of acquisition or incorporation onto the consolidated statement of financial position until the end of the financial year to reflect changes in the purchasing power of the currency as a result of inflation.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">To reflect the gain or loss corresponding to the impact of the year’s inflation on the net monetary position on the consolidated statement of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Adjust the different items on the consolidated statement of operations and cash flow statement by the inflationary index since their generation, with a balancing entry in financial results and a reconciling item in the cash flow statement, respectively.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Convert all components of the financial statements to the closing exchange rate. In the case of the Argentine companies, to the closing exchange rate as at December 31 2025 being 1,710 pesos per euro.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">At December 31, 2025, no country other than Argentina in which the consolidated entities of Codere Online are located, is considered to have a hyperinflationary economy in accordance with the criteria established in this regard by IFRS-IASB.</p> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zaWYpXPUyzRl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">d)</td> <td style="text-align: justify"><span id="xdx_866_zcCJHkcWsub5">Property, plant and equipment (“PP&amp;E”)</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Property, plant and equipment is carried at cost less any accumulated depreciation and impairment in value, if any.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Cost includes, among others, direct labor costs incurred in the installation and the relevant allocable portion of the indirect costs.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online depreciates its property, plant and equipment from the time they are placed in service, depreciating the cost of the assets on a straight-line basis over the assets’ estimated useful lives, which are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureOfEstimatedUsefulLives_pn3n3_zfupFH8ZpOfl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details)"> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in"><span id="xdx_8BD_z26Kg65p6BIg" style="display: none">Disclosure of estimated useful lives</span></td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 0.5pt; width: 86%"> </td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; width: 12%"><b>Years of estimated<br/>useful life</b></td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Machinery and equipment</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_905_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIpqUuklVQH8" title="Property, plant and equipment">3</span> – <span id="xdx_904_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYWx7NhN8R67" title="Property, plant and equipment">10</span> years</td> <td style="vertical-align: bottom"> </td> </tr> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Other fixtures, fittings and tools</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_90C_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zURzgH0ZJIC8" title="Property, plant and equipment">3</span> – <span id="xdx_906_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zajwWFAZXhy2" title="Property, plant and equipment">15</span> years</td> <td style="vertical-align: bottom"> </td> </tr> </table> <p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zoGXbsMYqF97" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">e)</td> <td style="text-align: justify"><span id="xdx_861_zEhbZv3XeZ2b">Leases</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online assesses whether a contract is or contains a lease, at inception of the contract. Codere Online recognises a right-of-use asset and a corresponding lease liability with respect to all lease arrangements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets (such as tablets and personal computers, small items of office furniture and telephones). For these leases, Codere Online recognises the lease payments as an operating expense on a straight-line basis over the term of the lease unless another systematic basis is more representative of the time pattern in which economic benefits from the leased assets are consumed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the group uses its incremental borrowing rate.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The incremental borrowing rate depends on the term, currency and start date of the lease and is determined based on a series of inputs including: the risk-free rate based on government bond rates; a country-specific risk adjustment; a credit risk adjustment based on bond yields; and an entity-specific adjustment when the risk profile of the entity that enters into the lease is different to that of the Group and the lease does not benefit from a guarantee from the Group.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Lease payments included in the measurement of the lease liability comprise.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">fixed lease payments (including in-substance fixed payments), less any lease incentives receivable;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">variable lease payments that depend on an index or rate, initially measured using the index or rate at the commencement date;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the amount expected to be payable by the lessee under residual value guarantees;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the exercise price of purchase options, if the lessee is reasonably certain to exercise the options; and</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">payments of penalties for terminating the lease, if the lease term reflects the exercise of an option to terminate the lease.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The lease liability is subsequently measured by increasing the carrying amount to reflect interest on the lease liability (using the effective interest method) and by reducing the carrying amount to reflect the lease payments made.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the lease term has changed or there is a significant event or change in circumstances resulting in a change in the assessment of exercise of a purchase option, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the lease payments change due to changes in an index or rate or a change in expected payment under a guaranteed residual value, in which cases the lease liability is remeasured by discounting the revised lease payments using an unchanged discount rate (unless the lease payments change is due to a change in a floating interest rate, in which case a revised discount rate is used.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">a lease contract is modified and the lease modification is not accounted for as a separate lease, in which case the lease liability is remeasured based on the lease term of the modified lease by discounting the revised lease payments using a revised discount rate at the effective date of the modification.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online did not make any such adjustments during the periods presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day, less any lease incentives received and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Whenever Codere Online incurs an obligation for costs to dismantle and remove a leased asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease, a provision is recognised and measured under IAS 37. To the extent that the costs relate to a right-of-use asset, the costs are included in the related right-of-use asset, unless those costs are incurred to produce inventories.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Right-of-use assets are depreciated over the shorter period of the lease term and useful life of the right-of-use asset. If a lease transfers ownership of the underlying asset or the cost of the right-of-use asset reflects that the group expects to exercise a purchase option, the related right-of-use asset is depreciated over the useful life of the underlying asset. The depreciation starts at the commencement date of the lease.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online applies IAS 36 to determine whether a right-of-use asset is impaired and accounts for any identified impairment loss as described in Note 3 (f).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Variable rents that do not depend on an index or rate are not included in the measurement the lease liability and the right-of-use asset. The related payments are recognised as an expense in the period in which the event or condition that triggers those payments occurs.</p> <p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_zH7EyG12qSX4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">f)</td> <td style="text-align: justify"><span id="xdx_864_zKHofCuCtqCb">Impairment of non-current assets</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Non-current assets are assessed at each reporting date for indicators of impairment if there are certain events or changes indicating the possibility that the carrying amount may not be fully recoverable. Whenever such indicators arise, or in the case of assets which are subject to an annual impairment test, the recoverable amount is estimated. An asset’s recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future post-tax cash flows derived from the use of the asset or its cash generating unit, as applicable, are discounted to the asset’s present value using a post-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset, whenever the result obtained is the same that would be obtained by discounting pre-tax cash flows at a pre-tax discount rate.</p> <p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_zIatkVQ0ltsk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">g)</td> <td style="text-align: justify"><span id="xdx_868_zriqEeDrWo2k">Financial instruments</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Classification of financial assets and financial liabilities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets and financial liabilities are recognized when an entity within Codere Online becomes a party to the contractual provisions of a financial instrument.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through net income or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through net income or loss are recognized immediately in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Financial assets</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets are classified into three main categories: amortized cost, fair value through net income or loss and fair value through OCI, depending on the business model and the characteristics of the contractual cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Loans, accounts receivable and financial assets that Codere Online expressly intends and is able to hold to maturity are subsequently measured at amortized cost less any related impairment losses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Loans and accounts receivable maturing within no more than 12 months from the reporting date are classified as current items and those maturing within more than 12 months are classified as non-current items.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Impairment of financial assets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes a loss allowance for expected credit losses on investments in debt instruments which are measured at amortized cost. The amount of expected credit losses is updated on each reporting date to reflect changes in credit risk since the initial recognition of the financial instrument.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes lifetime Expected Credit Losses (“ECL”) for receivables, applying the simplified approach established by the IFRS 9 standard. As Codere Online’s historical credit loss experience between Group’s entities is nil, the expected credit loss is estimated based on certain risk parameters, publicly available, such as the probability of default (PD) of Codere Online and a loss given at default (LGD) of 100%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Derecognition of financial assets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another party. If Codere Online neither transfers nor retains substantially all the risks and rewards of ownership and continues to control the transferred asset, Codere Online recognizes its retained interest in the asset and an associated liability for amounts it may have to pay. If Codere Online retains substantially all the risks and rewards of ownership of a transferred financial asset, Codere Online continues to recognize the financial asset and also recognizes a collateralized borrowing for the proceeds received.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">With respect to the derecognition of a financial asset in its entirety, the difference between the asset’s carrying amount and the sum of the consideration received (and which will be received in the future) and the cumulative gain or loss that had been recognized in the consolidated statements of comprehensive income and accumulated in equity is recognized in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Financial liabilities</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Financial liabilities at amortized cost</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities are subsequently measured at amortized cost using the effective interest method.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The effective interest method is a method of calculating the amortized cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the exact rate that discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the net carrying amount on initial recognition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Financial liabilities at fair value through profit or loss</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities are classified at fair value through profit or loss (“FVTPL”) when the financial liability is (i) contingent consideration of an acquirer in a business combination, (ii) held for trading or (iii) it is designated as at FVTPL.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities at fair value through profit or loss are measured at fair value, with any gains or losses arising on changes in fair value recognized in profit or loss to the extent that they are not part of a designated hedging relationship. The net gain or loss recognized in profit or loss incorporates any interest paid on the financial liability and is included in net financial results in profit or loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For financial liabilities that are designated as at FVTPL, the amount of change in the fair value of the financial liability that is attributable to changes in the credit risk of that liability is recognized in other comprehensive income, unless the recognition of the effects of changes in the liability’s credit risk in other comprehensive income would create or enlarge an accounting mismatch in the consolidated statement of operations. The remaining amount of change in the fair value of liability is recognized in the consolidated statement of operations. Changes in fair value attributable to a financial liability’s credit risk that are recognized in other comprehensive income are not subsequently reclassified to profit or loss; instead, they are transferred to retained earnings upon derecognition of the financial liability.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Derecognition of financial liabilities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online derecognizes financial liabilities when, and only when, Codere Online’s obligations are discharged, cancelled or expire. The difference between the carrying amount of the derecognized financial liability and the consideration paid and payable is recognized in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Accounting for warrants</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The warrants meet the definition of a derivative financial instrument as they represent a written put option that gives the holders of the warrants the right to exchange them for Codere Online shares at a fixed price. Although the warrants can be exchanged for Codere Online’s shares based on the terms of the warrant agreement, the warrants were classified as a derivative financial liability measured at FVTPL, and not as an equity instrument. Changes in the fair value of the financial liability are presented in the consolidated statements of operations under the heading “Finance income/(costs)”.</p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_z88QOOLRdWk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">h)</td> <td style="text-align: justify"><span id="xdx_86C_zWWyRTiOKCI7">Cash and cash equivalents</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Cash and cash equivalents comprise cash in hand and at banks, demand deposits and other short-term highly liquid investments with maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. These items are stated, based on their nature, at historical cost, amortized cost or fair value, which does not differ significantly from realizable value.</p> <p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zZ0FOJzDtija" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">i)</td> <td style="text-align: justify"><span id="xdx_86E_z17Bxk1YwfKa">Revenue</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Revenue from contracts with customers is recognized when service is provided to the customer at an amount that reflects the consideration to which Codere Online expects to be entitled in exchange for those services. Codere Online has generally concluded that it is the principal in its revenue arrangements because it typically controls the services before providing them to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Online gaming</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online generates its revenues from online gambling (online casino and sports betting). Codere Online recognizes revenue from online gambling at a point in time when each wager has been made and resolved.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sports betting and online casino revenue represents the net house win and certain customer incentives. The net house win (which represents realized net </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">gaming revenue) consists of the following components:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total wagers less payouts for online casino and sport betting positions that have settled in the year</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less bonuses, comps (complementary) and incentives that are realized in the year</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less payments to casino game suppliers to fund progressive jackpot network games for the associated wagers placed in the year (on an accruals basis)</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less value added tax, and goods and services tax incurred in the year in relation to the above transactions</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities related to customer online wallet balances are</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">recognized and measured as the aggregate net difference between funds deposited by customers plus winning wagers, </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">less losing wagers and less customers withdrawals. Customer online wallet balances deemed inactive pursuant to applicable regulatory requirements in each jurisdiction are written off and recognized in income.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online reports all the wins as revenue and its platform supplier share is reported in other operating expenses. Revenues generated from online gaming are considered fixed-odd wagering contracts that meet the definition of a financial instrument and are accounted for in accordance with IFRS 9.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Balances related to revenue</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">A liability is recognized as an obligation to provide the gambling service to a customer for which Codere Online has received consideration from the customer, at which time a contract liability is recognized under trade payables and other current liabilities. These balances relate to unsettled sports bets as of the balance sheet date. For example, online sports betting involves a player placing a wager on a particular outcome of a sporting event at some fixed odds.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Free bets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Free bets are accounted for when settled. When the free bet is used, the transaction is accounted for on a net basis at the time of settlement, which results in a reduction of revenue if the outcome is favorable for the customer.</p> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_zZvE26TMzkOi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">j)</td> <td style="text-align: justify"><span id="xdx_86D_zMYlItOmsoKc">Taxation</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Income tax expense represents the sum of the tax currently payable and deferred tax, if any.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Current tax</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The tax currently payable is based on taxable income for the year. Taxable income differs from income before tax as reported in the consolidated statement of operations because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Codere Online’s current tax is calculated using rates applicable for the tax period that have been enacted or substantively enacted by the end of the reporting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>United States (“U.S.”) Anti-Inversion Rules</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Under the U.S. “anti-inversion” rules, adverse consequences may apply to certain acquisitions of domestic corporations and domestic partnerships (or their assets) by foreign corporations. These consequences generally depend, among other things, on the degree of ownership continuity by former shareholders of the domestic acquired corporation or partnership.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">A U.S. inversion transaction generally is a transaction in which a U.S. parented group changes the jurisdiction of its parent corporation to a foreign jurisdiction. Generally, an inversion transaction is subject to Section 7874 and has adverse tax consequences when: (i) a foreign corporation acquires a U.S. corporation (or substantially all of its assets), (ii) the shareholders of the U.S. corporation receive 60% or more of the stock of the foreign corporation and (iii) following the acquisition the foreign corporation does not have 25% or more of its worldwide operations in its country of organization.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online and its U.S. tax advisors have reviewed the requirements of the application of the U.S. inversion rules to the reverse merger of Merger Sub into DD3 and concluded that the U.S. inversion rules stated in Section 7874 should not apply because the shareholders of DD3 received for purposes of Section 7874 less than 60% of the ordinary shares of The Company. However, the rules for determining ownership under Section 7874 are complex, unclear in some respects, and the subject of ongoing and recent legislative and regulatory review.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Global minimum top-up tax</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Group has adopted International Tax Reform — Pillar Two Model Rules (Amendments to IAS 12) upon their release on 23 May 2023. The amendments provide a temporary mandatory exception from deferred tax accounting for the top-up tax, which is effective immediately, and require new disclosures about the Pillar Two exposure (see Note 12).</p> <p id="xdx_84A_ecustom--NoncurrentAndCurrentAssetsAndLiabilities_zzUz2nWDRpvf" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">k)</td> <td style="text-align: justify"><span id="xdx_86B_zissj9RQ7Pw4">Non-current and current assets and liabilities</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Presentation in the consolidated statements of financial position differentiates between current and non-current assets and liabilities. Assets and liabilities are regarded as current if they mature within one year or within the normal business cycle of Codere Online or are held-for-sale. Non-current assets and liabilities include all other types of assets and liabilities.</p> <p id="xdx_84D_ecustom--UseOfEstimatesAndJudgementsPoliceyTextBlock_zeeOBjHPOB3k" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">l)</td> <td style="text-align: justify"><span id="xdx_867_zsRv527ozN0j">Use of estimates and judgements</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The preparation of these financial statements requires Codere Online to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, as well as the reported expenses incurred during the reporting periods. Codere Online’s estimates are based on its historical experience and on various other factors that Codere Online believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Actual results may differ from these estimates under different assumptions or conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The areas requiring management’s significant estimates and judgements involve:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The calculation of expected credit losses, which, although with limited impact, is based on assumptions developed by the Company.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The valuation of share-based payments agreements under the Existing LTIP, the Amended Existing LTIP, and the New LTIP require significant judgement, including models and key assumptions.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The assessment of the recoverability of tax loss carryforwards, which involves judgment regarding future taxable income and timing of utilization.</td> </tr> </table> <p id="xdx_840_ecustom--NewIfrsAndInterpretationsOfIfrsInterpretationsCommitteeIfric_zQGHjTO0zTm6" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">m)</td> <td style="text-align: justify"><span id="xdx_867_zn0eLhG8Jji3">New IFRS and interpretations of the IFRS Interpretations Committee (“IFRIC”)</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online has applied all of the applicable IFRS-IASB standards and amendments that were effective for periods ended December 31, 2025 and prior to such date. Codere Online has used the same accounting policies in its opening IFRS consolidated statement of financial position and through all of the periods presented in these consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025, the following standards, amendments and interpretations have been published by the IASB, but their application is not yet mandatory for Codere Online, and Codere Online has not elected to early adopt the policies once allowed to do so. Codere Online intends to adopt these new and amended standards and interpretations, if applicable, when they become effective.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfStandardsAndAmendments_pn3n3_zQ87Z6TOhTL6" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 1)"> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"><span id="xdx_8BF_zF5rhVHHbxKh" style="display: none">Disclosure of standards and amendments</span></td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom"><b>Standards and Amendments</b></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: center"><b>Mandatory application:<br/> annual periods beginning on or after</b></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td rowspan="3" style="text-align: left; vertical-align: top">Amendments to the Classification and Measurement of Financial Instruments - Amendments to IFRS 9 and IFRS 7</td> <td> </td> <td colspan="2" id="xdx_983_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zrbznrlxLgll" style="text-align: justify" title="Standards and Amendments, description">On 30 May 2024, the IASB issued targeted amendments to IFRS 9 and IFRS 7 to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities. These amendments:</td> <td> </td> <td rowspan="3" style="text-align: center"><span id="xdx_902_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zWryrFsXp7Fi" title="Annual periods dates">1 January 2026</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td colspan="2"> </td> <td> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td>●</td> <td style="text-align: justify">clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception for some financial liabilities settled through an electronic cash transfer system;</td> <td> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 38%"> </td> <td style="vertical-align: top; width: 2%"> </td> <td style="vertical-align: top; width: 0.25in"> </td> <td style="vertical-align: top"> </td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion;</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">add new disclosures for certain instruments with contractual terms that can change cash flows (such as some financial instruments with features linked to the achievement of environment, social and governance targets); and</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI).</td> <td> </td> <td style="text-align: center"> </td></tr> </table> <p style="margin: 0"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 2)"> <tr style="vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Standards and Amendments</b></span></td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Mandatory application:<br/> annual periods beginning on or after</b></span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; width: 38%"><span style="font-size: 10pt">IFRS 18 Presentation and Disclosure in Financial Statements</span></td> <td style="width: 2%"> </td> <td id="xdx_986_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_ziMSYzGpYW6e" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">IFRS 18 will replace IAS 1 Presentation of financial statements, introducing new requirements that will help to achieve comparability of the financial performance of similar entities and provide more relevant information and transparency to users. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be pervasive, in particular those related to the statement of financial performance and providing management-defined performance measures within the financial statements.</span></td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"><span style="font-size: 10pt"><span id="xdx_90D_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_zzPqft2Ct4sj" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">IFRS 19 Subsidiaries without Public Accountability: Disclosures</span></td> <td> </td> <td id="xdx_984_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_z0xQnFwZ61v2" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued in May 2024, IFRS 19 allows for certain eligible subsidiaries of parent entities that report under IFRS Accounting Standards to apply reduced disclosure requirements.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_908_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_zvKm3RyHQkLk" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Translation to a Hyperinflationary Presentation Currency - Amendments to IAS 21</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p></td> <td> </td> <td> <p id="xdx_987_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zJlsRb9d82T6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify" title="Standards and Amendments, description">Issued in November 2025, <i>Translation to a Hyperinflationary Presentation Currency</i> amends IAS 21 <i>The Effects of Changes in Foreign Exchange Rates </i>to introduce translation requirements for entities translating their financial statements, or the results and financial position of a foreign operation, from a functional currency that is the currency of a non-hyperinflationary economy to a presentation currency that is the currency of a hyperinflationary economy.</p></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_90C_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zcHIhQtSInul" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">Annual Improvements Volume 11 (issued on 18 July 2024)</span></td> <td> </td> <td id="xdx_98F_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_zWQ7e2Mnulf" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued by the IASB on 18 July 2024, Annual Improvements to IFRS Accounting Standards—Volume 11 consists of narrow-scope amendments and clarifications to five IFRS standards.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_903_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_ze4NIeMuggj6" title="Annual periods dates">1 January 2026</span></span></td></tr> </table> <p id="xdx_8A8_zFa6KHQuCq42" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online estimates that no standards, amendments and interpretations in the preceding table will have a significant impact on the consolidated financial statements in the initial period of application. However, Codere Online is currently assessing the detailed implications of applying IFRS 18 on Codere Online’s consolidated financial statements.</p> <p id="xdx_841_ecustom--BasisOfConsolidationPolicyTextBlock_z0ap2ujLY0J" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">a)</td> <td style="text-align: justify"><span id="xdx_860_zjZZQEqqo6xd">Basis of consolidation</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The consolidated financial statements incorporate the financial statements of the Company and entities controlled by the Company (its subsidiaries) made up to December 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Control over an investee is achieved by a person or entity when such person or entity (i) has power over the investee, (ii) has exposure, or has rights, to variable returns from its involvement with the investee or (iii) has the ability to use its power to affect the investee’s variable returns.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The Company holds 100% ownership of its subsidiaries except for (i) the AenP with LIFO, under which the Company is entitled to receive 99.99% of any distributed profits, (ii) Codere Argentina, S.A. Unión Transitoria of which 1% directly through SEJO and 96% indirectly through Codere Online’s 95% ownership of Codere Online Argentina S.A., and (iii) Codere Online Argentina, S.A., of which SEJO holds 95% and the economic rights over the remaining 5% after it was incorporated and registered on January 28, 2022. Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ceases when the Company loses control of the subsidiary. Specifically, the results of subsidiaries acquired or disposed of during the year are included in profit or loss from the date the Company gains control until the date when the Company ceases to control the subsidiary. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used in line with the Company’s accounting policies. All intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between the members of the Company are eliminated on consolidation.</p> <p id="xdx_84D_ecustom--FunctionalAndPresentationCurrencyPolicyTextBlock_zroRDLujGSQa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">b)</td> <td style="text-align: justify"><span id="xdx_861_zfvZNc9ctoKe">Functional and presentation currency</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The functional currency of all entities comprising Codere Online is the currency of the countries in which they operate. The presentation currency of Codere Online is the Euro and therefore, all balances and transactions denominated in currencies other than the Euro are deemed to be denominated in a foreign currency.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Transactions in foreign currencies are translated at their initial valuation at the spot exchange rate in effect at the transaction date. Monetary assets and liabilities denominated in foreign currencies are translated at the spot exchange rate prevailing at the statement of financial position date. Exchange differences, both positive and negative, arising in this process, as well as those arising on settlement of these assets and liabilities, are recognized in the consolidated statement of operations for the year in which they arise.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Amounts are presented in these consolidated financial statements are in thousands of euros, unless otherwise stated.</p> <p id="xdx_84A_ecustom--EntitiesLocatedInHyperinflationaryEconomiesPolicyTextBlock_zpM4rYZBYTmj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">c)</td> <td style="text-align: justify"><span id="xdx_86A_zVc3KituZeH6">Entities located in hyperinflationary economies</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">In accordance with IAS 29 “Financial Reporting in Hyperinflationary Economies” a subsidiary operates in a country with hyperinflationary economy when the cumulative inflation rate over three years approaches or exceeds 100%. The standard provides the following criteria for determining whether an economy is experiencing hyperinflation: The population expresses prices in terms of a foreign currency or a relatively stable index, the general population prefers to keep its wealth in non-monetary assets or in a relatively stable foreign currency, sales and purchases on credit take place at prices that compensate for the expected loss of purchasing power during the credit period, even if the period is short or the inflation rate over 12 months is equal to or exceeds 50%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Since 2018, the economy of Argentina, has been considered hyperinflationary under the above criteria and mainly because Argentina had a significant increase in inflation which has cumulative inflation that exceeded 100% over the preceding three-year period, together with other qualitative indicators that continue to exist.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">When IAS 29 applies, the subsidiary’s financial statements are adjusted for the effects of changes in the general price level, in order to provide users with information that is more meaningful and useful, which means that:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Adjust the historical cost of the non-monetary assets and liabilities and the various equity items from the date of acquisition or incorporation onto the consolidated statement of financial position until the end of the financial year to reflect changes in the purchasing power of the currency as a result of inflation.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">To reflect the gain or loss corresponding to the impact of the year’s inflation on the net monetary position on the consolidated statement of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Adjust the different items on the consolidated statement of operations and cash flow statement by the inflationary index since their generation, with a balancing entry in financial results and a reconciling item in the cash flow statement, respectively.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Convert all components of the financial statements to the closing exchange rate. In the case of the Argentine companies, to the closing exchange rate as at December 31 2025 being 1,710 pesos per euro.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">At December 31, 2025, no country other than Argentina in which the consolidated entities of Codere Online are located, is considered to have a hyperinflationary economy in accordance with the criteria established in this regard by IFRS-IASB.</p> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zaWYpXPUyzRl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">d)</td> <td style="text-align: justify"><span id="xdx_866_zcCJHkcWsub5">Property, plant and equipment (“PP&amp;E”)</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Property, plant and equipment is carried at cost less any accumulated depreciation and impairment in value, if any.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Cost includes, among others, direct labor costs incurred in the installation and the relevant allocable portion of the indirect costs.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online depreciates its property, plant and equipment from the time they are placed in service, depreciating the cost of the assets on a straight-line basis over the assets’ estimated useful lives, which are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureOfEstimatedUsefulLives_pn3n3_zfupFH8ZpOfl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details)"> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in"><span id="xdx_8BD_z26Kg65p6BIg" style="display: none">Disclosure of estimated useful lives</span></td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 0.5pt; width: 86%"> </td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; width: 12%"><b>Years of estimated<br/>useful life</b></td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Machinery and equipment</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_905_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIpqUuklVQH8" title="Property, plant and equipment">3</span> – <span id="xdx_904_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYWx7NhN8R67" title="Property, plant and equipment">10</span> years</td> <td style="vertical-align: bottom"> </td> </tr> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Other fixtures, fittings and tools</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_90C_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zURzgH0ZJIC8" title="Property, plant and equipment">3</span> – <span id="xdx_906_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zajwWFAZXhy2" title="Property, plant and equipment">15</span> years</td> <td style="vertical-align: bottom"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureOfEstimatedUsefulLives_pn3n3_zfupFH8ZpOfl" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details)"> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in"><span id="xdx_8BD_z26Kg65p6BIg" style="display: none">Disclosure of estimated useful lives</span></td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"> </td> <td style="vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 0.5pt; width: 86%"> </td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; text-align: center; width: 12%"><b>Years of estimated<br/>useful life</b></td> <td style="padding-bottom: 0.5pt; width: 1%"> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Machinery and equipment</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_905_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIpqUuklVQH8" title="Property, plant and equipment">3</span> – <span id="xdx_904_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYWx7NhN8R67" title="Property, plant and equipment">10</span> years</td> <td style="vertical-align: bottom"> </td> </tr> <tr style="background-color: White"> <td style="vertical-align: top; text-align: justify; padding-left: 0.25in; text-indent: -0.25in">Other fixtures, fittings and tools</td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span id="xdx_90C_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zURzgH0ZJIC8" title="Property, plant and equipment">3</span> – <span id="xdx_906_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zajwWFAZXhy2" title="Property, plant and equipment">15</span> years</td> <td style="vertical-align: bottom"> </td> </tr> </table> P3Y P10Y P3Y P15Y <p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForLeasesExplanatory_zoGXbsMYqF97" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">e)</td> <td style="text-align: justify"><span id="xdx_861_zEhbZv3XeZ2b">Leases</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online assesses whether a contract is or contains a lease, at inception of the contract. Codere Online recognises a right-of-use asset and a corresponding lease liability with respect to all lease arrangements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets (such as tablets and personal computers, small items of office furniture and telephones). For these leases, Codere Online recognises the lease payments as an operating expense on a straight-line basis over the term of the lease unless another systematic basis is more representative of the time pattern in which economic benefits from the leased assets are consumed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the group uses its incremental borrowing rate.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The incremental borrowing rate depends on the term, currency and start date of the lease and is determined based on a series of inputs including: the risk-free rate based on government bond rates; a country-specific risk adjustment; a credit risk adjustment based on bond yields; and an entity-specific adjustment when the risk profile of the entity that enters into the lease is different to that of the Group and the lease does not benefit from a guarantee from the Group.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Lease payments included in the measurement of the lease liability comprise.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">fixed lease payments (including in-substance fixed payments), less any lease incentives receivable;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">variable lease payments that depend on an index or rate, initially measured using the index or rate at the commencement date;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the amount expected to be payable by the lessee under residual value guarantees;</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the exercise price of purchase options, if the lessee is reasonably certain to exercise the options; and</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">payments of penalties for terminating the lease, if the lease term reflects the exercise of an option to terminate the lease.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The lease liability is subsequently measured by increasing the carrying amount to reflect interest on the lease liability (using the effective interest method) and by reducing the carrying amount to reflect the lease payments made.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the lease term has changed or there is a significant event or change in circumstances resulting in a change in the assessment of exercise of a purchase option, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">the lease payments change due to changes in an index or rate or a change in expected payment under a guaranteed residual value, in which cases the lease liability is remeasured by discounting the revised lease payments using an unchanged discount rate (unless the lease payments change is due to a change in a floating interest rate, in which case a revised discount rate is used.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">a lease contract is modified and the lease modification is not accounted for as a separate lease, in which case the lease liability is remeasured based on the lease term of the modified lease by discounting the revised lease payments using a revised discount rate at the effective date of the modification.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online did not make any such adjustments during the periods presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day, less any lease incentives received and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Whenever Codere Online incurs an obligation for costs to dismantle and remove a leased asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease, a provision is recognised and measured under IAS 37. To the extent that the costs relate to a right-of-use asset, the costs are included in the related right-of-use asset, unless those costs are incurred to produce inventories.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Right-of-use assets are depreciated over the shorter period of the lease term and useful life of the right-of-use asset. If a lease transfers ownership of the underlying asset or the cost of the right-of-use asset reflects that the group expects to exercise a purchase option, the related right-of-use asset is depreciated over the useful life of the underlying asset. The depreciation starts at the commencement date of the lease.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online applies IAS 36 to determine whether a right-of-use asset is impaired and accounts for any identified impairment loss as described in Note 3 (f).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Variable rents that do not depend on an index or rate are not included in the measurement the lease liability and the right-of-use asset. The related payments are recognised as an expense in the period in which the event or condition that triggers those payments occurs.</p> <p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_zH7EyG12qSX4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">f)</td> <td style="text-align: justify"><span id="xdx_864_zKHofCuCtqCb">Impairment of non-current assets</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Non-current assets are assessed at each reporting date for indicators of impairment if there are certain events or changes indicating the possibility that the carrying amount may not be fully recoverable. Whenever such indicators arise, or in the case of assets which are subject to an annual impairment test, the recoverable amount is estimated. An asset’s recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future post-tax cash flows derived from the use of the asset or its cash generating unit, as applicable, are discounted to the asset’s present value using a post-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset, whenever the result obtained is the same that would be obtained by discounting pre-tax cash flows at a pre-tax discount rate.</p> <p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_zIatkVQ0ltsk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">g)</td> <td style="text-align: justify"><span id="xdx_868_zriqEeDrWo2k">Financial instruments</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Classification of financial assets and financial liabilities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets and financial liabilities are recognized when an entity within Codere Online becomes a party to the contractual provisions of a financial instrument.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities at fair value through net income or loss) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at fair value through net income or loss are recognized immediately in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Financial assets</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial assets are classified into three main categories: amortized cost, fair value through net income or loss and fair value through OCI, depending on the business model and the characteristics of the contractual cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Loans, accounts receivable and financial assets that Codere Online expressly intends and is able to hold to maturity are subsequently measured at amortized cost less any related impairment losses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Loans and accounts receivable maturing within no more than 12 months from the reporting date are classified as current items and those maturing within more than 12 months are classified as non-current items.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Impairment of financial assets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes a loss allowance for expected credit losses on investments in debt instruments which are measured at amortized cost. The amount of expected credit losses is updated on each reporting date to reflect changes in credit risk since the initial recognition of the financial instrument.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes lifetime Expected Credit Losses (“ECL”) for receivables, applying the simplified approach established by the IFRS 9 standard. As Codere Online’s historical credit loss experience between Group’s entities is nil, the expected credit loss is estimated based on certain risk parameters, publicly available, such as the probability of default (PD) of Codere Online and a loss given at default (LGD) of 100%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Derecognition of financial assets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another party. If Codere Online neither transfers nor retains substantially all the risks and rewards of ownership and continues to control the transferred asset, Codere Online recognizes its retained interest in the asset and an associated liability for amounts it may have to pay. If Codere Online retains substantially all the risks and rewards of ownership of a transferred financial asset, Codere Online continues to recognize the financial asset and also recognizes a collateralized borrowing for the proceeds received.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">With respect to the derecognition of a financial asset in its entirety, the difference between the asset’s carrying amount and the sum of the consideration received (and which will be received in the future) and the cumulative gain or loss that had been recognized in the consolidated statements of comprehensive income and accumulated in equity is recognized in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Financial liabilities</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Financial liabilities at amortized cost</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities are subsequently measured at amortized cost using the effective interest method.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The effective interest method is a method of calculating the amortized cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the exact rate that discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the net carrying amount on initial recognition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Financial liabilities at fair value through profit or loss</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities are classified at fair value through profit or loss (“FVTPL”) when the financial liability is (i) contingent consideration of an acquirer in a business combination, (ii) held for trading or (iii) it is designated as at FVTPL.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Financial liabilities at fair value through profit or loss are measured at fair value, with any gains or losses arising on changes in fair value recognized in profit or loss to the extent that they are not part of a designated hedging relationship. The net gain or loss recognized in profit or loss incorporates any interest paid on the financial liability and is included in net financial results in profit or loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For financial liabilities that are designated as at FVTPL, the amount of change in the fair value of the financial liability that is attributable to changes in the credit risk of that liability is recognized in other comprehensive income, unless the recognition of the effects of changes in the liability’s credit risk in other comprehensive income would create or enlarge an accounting mismatch in the consolidated statement of operations. The remaining amount of change in the fair value of liability is recognized in the consolidated statement of operations. Changes in fair value attributable to a financial liability’s credit risk that are recognized in other comprehensive income are not subsequently reclassified to profit or loss; instead, they are transferred to retained earnings upon derecognition of the financial liability.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Derecognition of financial liabilities</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online derecognizes financial liabilities when, and only when, Codere Online’s obligations are discharged, cancelled or expire. The difference between the carrying amount of the derecognized financial liability and the consideration paid and payable is recognized in the consolidated statements of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Accounting for warrants</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The warrants meet the definition of a derivative financial instrument as they represent a written put option that gives the holders of the warrants the right to exchange them for Codere Online shares at a fixed price. Although the warrants can be exchanged for Codere Online’s shares based on the terms of the warrant agreement, the warrants were classified as a derivative financial liability measured at FVTPL, and not as an equity instrument. Changes in the fair value of the financial liability are presented in the consolidated statements of operations under the heading “Finance income/(costs)”.</p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_z88QOOLRdWk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">h)</td> <td style="text-align: justify"><span id="xdx_86C_zWWyRTiOKCI7">Cash and cash equivalents</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Cash and cash equivalents comprise cash in hand and at banks, demand deposits and other short-term highly liquid investments with maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. These items are stated, based on their nature, at historical cost, amortized cost or fair value, which does not differ significantly from realizable value.</p> <p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zZ0FOJzDtija" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">i)</td> <td style="text-align: justify"><span id="xdx_86E_z17Bxk1YwfKa">Revenue</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Revenue from contracts with customers is recognized when service is provided to the customer at an amount that reflects the consideration to which Codere Online expects to be entitled in exchange for those services. Codere Online has generally concluded that it is the principal in its revenue arrangements because it typically controls the services before providing them to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Online gaming</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online generates its revenues from online gambling (online casino and sports betting). Codere Online recognizes revenue from online gambling at a point in time when each wager has been made and resolved.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sports betting and online casino revenue represents the net house win and certain customer incentives. The net house win (which represents realized net </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">gaming revenue) consists of the following components:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total wagers less payouts for online casino and sport betting positions that have settled in the year</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less bonuses, comps (complementary) and incentives that are realized in the year</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less payments to casino game suppliers to fund progressive jackpot network games for the associated wagers placed in the year (on an accruals basis)</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less value added tax, and goods and services tax incurred in the year in relation to the above transactions</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities related to customer online wallet balances are</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">recognized and measured as the aggregate net difference between funds deposited by customers plus winning wagers, </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">less losing wagers and less customers withdrawals. Customer online wallet balances deemed inactive pursuant to applicable regulatory requirements in each jurisdiction are written off and recognized in income.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online reports all the wins as revenue and its platform supplier share is reported in other operating expenses. Revenues generated from online gaming are considered fixed-odd wagering contracts that meet the definition of a financial instrument and are accounted for in accordance with IFRS 9.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Balances related to revenue</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">A liability is recognized as an obligation to provide the gambling service to a customer for which Codere Online has received consideration from the customer, at which time a contract liability is recognized under trade payables and other current liabilities. These balances relate to unsettled sports bets as of the balance sheet date. For example, online sports betting involves a player placing a wager on a particular outcome of a sporting event at some fixed odds.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Free bets</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Free bets are accounted for when settled. When the free bet is used, the transaction is accounted for on a net basis at the time of settlement, which results in a reduction of revenue if the outcome is favorable for the customer.</p> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_zZvE26TMzkOi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">j)</td> <td style="text-align: justify"><span id="xdx_86D_zMYlItOmsoKc">Taxation</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Income tax expense represents the sum of the tax currently payable and deferred tax, if any.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Current tax</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The tax currently payable is based on taxable income for the year. Taxable income differs from income before tax as reported in the consolidated statement of operations because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Codere Online’s current tax is calculated using rates applicable for the tax period that have been enacted or substantively enacted by the end of the reporting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>United States (“U.S.”) Anti-Inversion Rules</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Under the U.S. “anti-inversion” rules, adverse consequences may apply to certain acquisitions of domestic corporations and domestic partnerships (or their assets) by foreign corporations. These consequences generally depend, among other things, on the degree of ownership continuity by former shareholders of the domestic acquired corporation or partnership.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">A U.S. inversion transaction generally is a transaction in which a U.S. parented group changes the jurisdiction of its parent corporation to a foreign jurisdiction. Generally, an inversion transaction is subject to Section 7874 and has adverse tax consequences when: (i) a foreign corporation acquires a U.S. corporation (or substantially all of its assets), (ii) the shareholders of the U.S. corporation receive 60% or more of the stock of the foreign corporation and (iii) following the acquisition the foreign corporation does not have 25% or more of its worldwide operations in its country of organization.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online and its U.S. tax advisors have reviewed the requirements of the application of the U.S. inversion rules to the reverse merger of Merger Sub into DD3 and concluded that the U.S. inversion rules stated in Section 7874 should not apply because the shareholders of DD3 received for purposes of Section 7874 less than 60% of the ordinary shares of The Company. However, the rules for determining ownership under Section 7874 are complex, unclear in some respects, and the subject of ongoing and recent legislative and regulatory review.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Global minimum top-up tax</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Group has adopted International Tax Reform — Pillar Two Model Rules (Amendments to IAS 12) upon their release on 23 May 2023. The amendments provide a temporary mandatory exception from deferred tax accounting for the top-up tax, which is effective immediately, and require new disclosures about the Pillar Two exposure (see Note 12).</p> <p id="xdx_84A_ecustom--NoncurrentAndCurrentAssetsAndLiabilities_zzUz2nWDRpvf" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">k)</td> <td style="text-align: justify"><span id="xdx_86B_zissj9RQ7Pw4">Non-current and current assets and liabilities</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Presentation in the consolidated statements of financial position differentiates between current and non-current assets and liabilities. Assets and liabilities are regarded as current if they mature within one year or within the normal business cycle of Codere Online or are held-for-sale. Non-current assets and liabilities include all other types of assets and liabilities.</p> <p id="xdx_84D_ecustom--UseOfEstimatesAndJudgementsPoliceyTextBlock_zeeOBjHPOB3k" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">l)</td> <td style="text-align: justify"><span id="xdx_867_zsRv527ozN0j">Use of estimates and judgements</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The preparation of these financial statements requires Codere Online to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, as well as the reported expenses incurred during the reporting periods. Codere Online’s estimates are based on its historical experience and on various other factors that Codere Online believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Actual results may differ from these estimates under different assumptions or conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The areas requiring management’s significant estimates and judgements involve:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The calculation of expected credit losses, which, although with limited impact, is based on assumptions developed by the Company.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The valuation of share-based payments agreements under the Existing LTIP, the Amended Existing LTIP, and the New LTIP require significant judgement, including models and key assumptions.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The assessment of the recoverability of tax loss carryforwards, which involves judgment regarding future taxable income and timing of utilization.</td> </tr> </table> <p id="xdx_840_ecustom--NewIfrsAndInterpretationsOfIfrsInterpretationsCommitteeIfric_zQGHjTO0zTm6" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: justify">m)</td> <td style="text-align: justify"><span id="xdx_867_zn0eLhG8Jji3">New IFRS and interpretations of the IFRS Interpretations Committee (“IFRIC”)</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online has applied all of the applicable IFRS-IASB standards and amendments that were effective for periods ended December 31, 2025 and prior to such date. Codere Online has used the same accounting policies in its opening IFRS consolidated statement of financial position and through all of the periods presented in these consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025, the following standards, amendments and interpretations have been published by the IASB, but their application is not yet mandatory for Codere Online, and Codere Online has not elected to early adopt the policies once allowed to do so. Codere Online intends to adopt these new and amended standards and interpretations, if applicable, when they become effective.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfStandardsAndAmendments_pn3n3_zQ87Z6TOhTL6" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 1)"> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"><span id="xdx_8BF_zF5rhVHHbxKh" style="display: none">Disclosure of standards and amendments</span></td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom"><b>Standards and Amendments</b></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: center"><b>Mandatory application:<br/> annual periods beginning on or after</b></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td rowspan="3" style="text-align: left; vertical-align: top">Amendments to the Classification and Measurement of Financial Instruments - Amendments to IFRS 9 and IFRS 7</td> <td> </td> <td colspan="2" id="xdx_983_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zrbznrlxLgll" style="text-align: justify" title="Standards and Amendments, description">On 30 May 2024, the IASB issued targeted amendments to IFRS 9 and IFRS 7 to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities. These amendments:</td> <td> </td> <td rowspan="3" style="text-align: center"><span id="xdx_902_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zWryrFsXp7Fi" title="Annual periods dates">1 January 2026</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td colspan="2"> </td> <td> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td>●</td> <td style="text-align: justify">clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception for some financial liabilities settled through an electronic cash transfer system;</td> <td> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 38%"> </td> <td style="vertical-align: top; width: 2%"> </td> <td style="vertical-align: top; width: 0.25in"> </td> <td style="vertical-align: top"> </td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion;</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">add new disclosures for certain instruments with contractual terms that can change cash flows (such as some financial instruments with features linked to the achievement of environment, social and governance targets); and</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI).</td> <td> </td> <td style="text-align: center"> </td></tr> </table> <p style="margin: 0"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 2)"> <tr style="vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Standards and Amendments</b></span></td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Mandatory application:<br/> annual periods beginning on or after</b></span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; width: 38%"><span style="font-size: 10pt">IFRS 18 Presentation and Disclosure in Financial Statements</span></td> <td style="width: 2%"> </td> <td id="xdx_986_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_ziMSYzGpYW6e" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">IFRS 18 will replace IAS 1 Presentation of financial statements, introducing new requirements that will help to achieve comparability of the financial performance of similar entities and provide more relevant information and transparency to users. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be pervasive, in particular those related to the statement of financial performance and providing management-defined performance measures within the financial statements.</span></td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"><span style="font-size: 10pt"><span id="xdx_90D_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_zzPqft2Ct4sj" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">IFRS 19 Subsidiaries without Public Accountability: Disclosures</span></td> <td> </td> <td id="xdx_984_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_z0xQnFwZ61v2" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued in May 2024, IFRS 19 allows for certain eligible subsidiaries of parent entities that report under IFRS Accounting Standards to apply reduced disclosure requirements.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_908_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_zvKm3RyHQkLk" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Translation to a Hyperinflationary Presentation Currency - Amendments to IAS 21</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p></td> <td> </td> <td> <p id="xdx_987_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zJlsRb9d82T6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify" title="Standards and Amendments, description">Issued in November 2025, <i>Translation to a Hyperinflationary Presentation Currency</i> amends IAS 21 <i>The Effects of Changes in Foreign Exchange Rates </i>to introduce translation requirements for entities translating their financial statements, or the results and financial position of a foreign operation, from a functional currency that is the currency of a non-hyperinflationary economy to a presentation currency that is the currency of a hyperinflationary economy.</p></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_90C_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zcHIhQtSInul" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">Annual Improvements Volume 11 (issued on 18 July 2024)</span></td> <td> </td> <td id="xdx_98F_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_zWQ7e2Mnulf" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued by the IASB on 18 July 2024, Annual Improvements to IFRS Accounting Standards—Volume 11 consists of narrow-scope amendments and clarifications to five IFRS standards.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_903_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_ze4NIeMuggj6" title="Annual periods dates">1 January 2026</span></span></td></tr> </table> <p id="xdx_8A8_zFa6KHQuCq42" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online estimates that no standards, amendments and interpretations in the preceding table will have a significant impact on the consolidated financial statements in the initial period of application. However, Codere Online is currently assessing the detailed implications of applying IFRS 18 on Codere Online’s consolidated financial statements.</p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfStandardsAndAmendments_pn3n3_zQ87Z6TOhTL6" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 1)"> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"><span id="xdx_8BF_zF5rhVHHbxKh" style="display: none">Disclosure of standards and amendments</span></td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; vertical-align: bottom"><b>Standards and Amendments</b></td> <td> </td> <td style="border-bottom: black 1pt solid; text-align: center"><b>Mandatory application:<br/> annual periods beginning on or after</b></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td rowspan="3" style="text-align: left; vertical-align: top">Amendments to the Classification and Measurement of Financial Instruments - Amendments to IFRS 9 and IFRS 7</td> <td> </td> <td colspan="2" id="xdx_983_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zrbznrlxLgll" style="text-align: justify" title="Standards and Amendments, description">On 30 May 2024, the IASB issued targeted amendments to IFRS 9 and IFRS 7 to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities. These amendments:</td> <td> </td> <td rowspan="3" style="text-align: center"><span id="xdx_902_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsOneMember_zWryrFsXp7Fi" title="Annual periods dates">1 January 2026</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td colspan="2"> </td> <td> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td>●</td> <td style="text-align: justify">clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception for some financial liabilities settled through an electronic cash transfer system;</td> <td> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 38%"> </td> <td style="vertical-align: top; width: 2%"> </td> <td style="vertical-align: top; width: 0.25in"> </td> <td style="vertical-align: top"> </td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion;</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">add new disclosures for certain instruments with contractual terms that can change cash flows (such as some financial instruments with features linked to the achievement of environment, social and governance targets); and</td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td> </td> <td> </td> <td>●</td> <td style="text-align: justify">update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI).</td> <td> </td> <td style="text-align: center"> </td></tr> </table> <p style="margin: 0"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - ACCOUNTING POLICIES (Details 2)"> <tr style="vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Standards and Amendments</b></span></td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><span style="font-size: 10pt"><b>Mandatory application:<br/> annual periods beginning on or after</b></span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top; width: 38%"><span style="font-size: 10pt">IFRS 18 Presentation and Disclosure in Financial Statements</span></td> <td style="width: 2%"> </td> <td id="xdx_986_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_ziMSYzGpYW6e" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">IFRS 18 will replace IAS 1 Presentation of financial statements, introducing new requirements that will help to achieve comparability of the financial performance of similar entities and provide more relevant information and transparency to users. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be pervasive, in particular those related to the statement of financial performance and providing management-defined performance measures within the financial statements.</span></td> <td style="width: 2%"> </td> <td style="text-align: center; width: 19%"><span style="font-size: 10pt"><span id="xdx_90D_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsTwoMember_zzPqft2Ct4sj" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">IFRS 19 Subsidiaries without Public Accountability: Disclosures</span></td> <td> </td> <td id="xdx_984_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_z0xQnFwZ61v2" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued in May 2024, IFRS 19 allows for certain eligible subsidiaries of parent entities that report under IFRS Accounting Standards to apply reduced disclosure requirements.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_908_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsThreeMember_zvKm3RyHQkLk" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td style="text-align: justify"> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Translation to a Hyperinflationary Presentation Currency - Amendments to IAS 21</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p></td> <td> </td> <td> <p id="xdx_987_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zJlsRb9d82T6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify" title="Standards and Amendments, description">Issued in November 2025, <i>Translation to a Hyperinflationary Presentation Currency</i> amends IAS 21 <i>The Effects of Changes in Foreign Exchange Rates </i>to introduce translation requirements for entities translating their financial statements, or the results and financial position of a foreign operation, from a functional currency that is the currency of a non-hyperinflationary economy to a presentation currency that is the currency of a hyperinflationary economy.</p></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_90C_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFourMember_zcHIhQtSInul" title="Annual periods dates">1 January 2027</span></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; vertical-align: top"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; vertical-align: top"><span style="font-size: 10pt">Annual Improvements Volume 11 (issued on 18 July 2024)</span></td> <td> </td> <td id="xdx_98F_ecustom--StandardsAndAmendmentsDescription_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_zWQ7e2Mnulf" style="text-align: justify" title="Standards and Amendments, description"><span style="font-size: 10pt">Issued by the IASB on 18 July 2024, Annual Improvements to IFRS Accounting Standards—Volume 11 consists of narrow-scope amendments and clarifications to five IFRS standards.</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_903_ecustom--AnnualPeriodsDates_c20250101__20251231__ifrs-full--TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis__custom--AmendmentsFiveMember_ze4NIeMuggj6" title="Annual periods dates">1 January 2026</span></span></td></tr> </table> On 30 May 2024, the IASB issued targeted amendments to IFRS 9 and IFRS 7 to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities. These amendments: 1 January 2026 IFRS 18 will replace IAS 1 Presentation of financial statements, introducing new requirements that will help to achieve comparability of the financial performance of similar entities and provide more relevant information and transparency to users. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be pervasive, in particular those related to the statement of financial performance and providing management-defined performance measures within the financial statements. 1 January 2027 Issued in May 2024, IFRS 19 allows for certain eligible subsidiaries of parent entities that report under IFRS Accounting Standards to apply reduced disclosure requirements. 1 January 2027 Issued in November 2025, Translation to a Hyperinflationary Presentation Currency amends IAS 21 The Effects of Changes in Foreign Exchange Rates to introduce translation requirements for entities translating their financial statements, or the results and financial position of a foreign operation, from a functional currency that is the currency of a non-hyperinflationary economy to a presentation currency that is the currency of a hyperinflationary economy. 1 January 2027 Issued by the IASB on 18 July 2024, Annual Improvements to IFRS Accounting Standards—Volume 11 consists of narrow-scope amendments and clarifications to five IFRS standards. 1 January 2026 <p id="xdx_801_eifrs-full--InformationAboutRelationshipBetweenDisclosureOfDisaggregatedRevenueFromContractsWithCustomersAndRevenueInformationForReportableSegmentsExplanatory_ziJZgR87w7c3" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>4.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_82F_zuZM1iXVrTKc">SEGMENT INFORMATION</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Under IFRS 8 (<i>Segment Information</i>), operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker (“CODM”) which, in the case of Codere Online, is the Chief Executive Officer (“CEO”) of Codere Online. The CODM is responsible for allocating resources and assessing performance of the business. For management purposes, Codere Online’s operating segments are formed by Codere Online’s business in Spain, Mexico, Colombia, Panama and Argentina.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The CEO primarily measures the performance of Codere Online’s business by its revenue and EBITDA, which is calculated as net income/(loss), after adding back income tax benefit/(expense), net financial results, depreciation and amortization.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online will report financial information, both internally and externally, based on the organizational structure approved by the CEO of Codere Online. Thus, the reportable segments for the 2025 consolidated financial statements are formed by Codere Online’s operations in Spain and Mexico. Colombia, Panama and Argentina are grouped under “Other operations”. Codere Israel Marketing Support Services LTD, Codere Online Luxembourg S.A., Codere Online U.S. Corp., and Servicios de Juego Online S.A.U. have been grouped and reported under “Supporting”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The entities that have been aggregated under “Other operations” and “Supporting” have been grouped in accordance with guidance allowed under IFRS 8, <i>Operating Segments</i>. Based on both IFRS 8: BC30 and the diagram included in the implementation guidance accompanying IFRS 8, if two or more components of a business meet the aggregation criteria, they may be combined for external reporting purposes into a single operating segment, notwithstanding that they may individually exceed the quantitative thresholds. Additionally, the entities aggregated in the “Other operations” and “Supporting” segments all meet the following conditions: (i) aggregation is consistent with the core principle of IFRS 8, (ii) the segments have similar economic characteristics, (iii) the segments are similar in the nature of the products and services offered, (iv) the segments are similar in the nature of their production processes, (v) the segments are similar in the type or class of customer for their products and services, (vi) the segments have similar methods used to distribute their products and provide their services and (vii) the segments have a similar nature of their regulatory environment. The segments referred to above include the information related to the online business provided in each country. Inter-segment transactions are carried out on an arm’s length basis and are included in the “Eliminations” column. Information relating to other Codere Online companies not specifically included in these segments is reported under “Other Operations”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The following tables break down certain of the information presented in the consolidated statements of operations for the years ended December 31, 2025, 2024, and 2023 by Codere Online’s operating segments (amounts expressed in thousands of euros).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfCondensedIncomeStatement_pn3n3_z2fBRwNVEfL5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT INFORMATION (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BA_zmcfOMZ2c7we" style="display: none">Schedule of condensed income statements</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20250101__20251231__ifrs-full--SegmentsAxis__custom--SpainMember_z7imqIA22WKg" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20250101__20251231__ifrs-full--SegmentsAxis__custom--MexicoMember_ziXQN2OHs7Hj" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250101__20251231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_zIqMRsdNgLP5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250101__20251231__ifrs-full--SegmentsAxis__custom--SupportingMember_zL4S3mi4k8k2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20250101__20251231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zMFXfxspO6Zh" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250101__20251231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zl7aZPNWXysg" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/>Codere<br/>Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eifrs-full--Revenue_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">90,533</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">107,221</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">12,652</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">60,918</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(60,917</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">210,407</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zkFm4YDEk8Me" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,718</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,267</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,094</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(18,925</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0761">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(25,004</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_z3wCax0UTT4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(139</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(17</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(476</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0768">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(645</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zXEhm5r9PDl4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(73,485</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(103,145</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(12,688</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(50,619</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">60,917</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(179,020</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eifrs-full--OperatingExpense_iN_pn3n3_di_zooJX6kESVX3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(76,342</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(105,429</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,795</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(70,020</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">60,917</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(204,669</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--OperatingIncomelosses_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,191</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,792</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(1,143</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(9,102</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0789">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,738</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--FinanceIncome_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,710</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,154</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,451</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">21,189</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(20,857</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,647</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(36</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,185</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(7,056</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,113</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7,317</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(9,073</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_eifrs-full--FinanceIncomeCost_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,674</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(31</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,605</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">13,076</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,426</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40E_eifrs-full--ProfitLossBeforeTax_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) BEFORE TAX</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,865</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,761</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,748</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,974</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,312</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--IncomeTaxExpenseContinuingOperations_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense<b>)</b></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,803</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(11</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(195</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0824">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,017</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_400_eifrs-full--ProfitLoss_zPqk1beVQ3l6" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,062</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,750</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,756</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,779</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">14,062</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,747</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4,756</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,779</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13,540</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,292</td> <td style="text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_zVxiJe68NTE9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0841">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0843">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0844">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0845">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3</td> <td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231__ifrs-full--SegmentsAxis__custom--SpainMember_zXZqGg4sgbvk" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240101__20241231__ifrs-full--SegmentsAxis__custom--MexicoMember_z8VcFDvUjk1" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z6cXYicX5seb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20240101__20241231__ifrs-full--SegmentsAxis__custom--SupportingMember_zmKrNDYXQbM" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240101__20241231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zcIZtTQfyJIf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_z3sZH3z1Y4u3" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Total<br/>Codere</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Online</b></p></td> <td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eifrs-full--Revenue_zpI6EWuq7TG3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">87,778</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">95,699</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">17,216</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">52,204</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(52,193</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(200,704</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_404_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zvI2tUbcGiO9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,360</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,746</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,372</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13,306</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0860">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(18,784</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_zG9Kms54gZie" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(123</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(30</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(9</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(226</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0867">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(388</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zGpmA1JXiy4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(67,786</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(96,322</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(20,380</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(44,906</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">52,193</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(177,201</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eifrs-full--OperatingExpense_iN_pn3n3_di_zAf4nfuaM9je" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(70,269</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(98,098</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(21,761</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(58,438</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">52,193</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(196,373</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_ecustom--OperatingIncomelosses_zAKzEfPfDAWa" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">17,509</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,399</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,545</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(6,234</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0888">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">4,331</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--FinanceIncome_zoYWWscN3FK2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,105</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">622</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11,522</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,659</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(10,727</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,181</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_zZfIYubU3vNc" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(69</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(3,552</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(5,984</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,262</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">10,727</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(7,140</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--FinanceIncomeCost_zwe4ErKVWlo" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,036</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,930</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,538</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,603</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0909">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,041</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--ProfitLossBeforeTax_zGHKFxSphV05" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><b>NET INCOME/(LOSS) BEFORE TAX</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">19,545</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,329</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">993</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(9,837</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0916">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,372</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--IncomeTaxExpenseContinuingOperations_zCG1HvEalj2e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(4,154</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">27</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">2,658</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0923">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,462</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eifrs-full--ProfitLoss_zUEWbMBIZLX9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,322</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,020</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,179</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0930">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,910</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zYwu4tOZZJjf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">15,391</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(5,324</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,020</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(7,179</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0937">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,908</td> <td style="text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_z8gV5flZdard" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0940">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0942">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0943">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0944">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20230101__20231231__ifrs-full--SegmentsAxis__custom--SpainMember_zyB5H9uUm30l" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49D_20230101__20231231__ifrs-full--SegmentsAxis__custom--MexicoMember_zrohV6Z8brr5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20230101__20231231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z64eSNihIpPe" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20230101__20231231__ifrs-full--SegmentsAxis__custom--SupportingMember_zakYBoMVcOF4" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20230101__20231231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zwp1tXqJ7Ncb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20230101__20231231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zLwjRwIMlUui" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2023</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Total<br/>Codere</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Online</b></p></td> <td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eifrs-full--Revenue_zDsUW8eCVWRa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">75,669</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">73,315</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">12,663</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">45,263</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(45,263</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">161,647</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zXSzCtX10GNd" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,968</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,776</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(992</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(12,701</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0958">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(17,437</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_zi7hR3zeimsg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(24</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(32</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(8</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(50</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0965">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(114</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zHpmJR6lQE9b" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(60,362</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(83,181</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(19,484</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(41,086</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">45,263</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(158,850</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eifrs-full--OperatingExpense_iN_pn3n3_di_zcfDorul4eZf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(62,354</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(84,989</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(20,484</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(53,837</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">45,263</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(176,401</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_ecustom--OperatingIncomelosses_zYGV71oOCmvj" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">13,315</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(11,674</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,821</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,574</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0986">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(14,754</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_401_eifrs-full--FinanceIncome_z0EwznKU7n4c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,030</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,552</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,989</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">28,553</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(23,406</td> <td style="text-align: left">)</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">21,718</td> <td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_zrFoBkq2Sap9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(51</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(4,920</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,579</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(275,423</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">273,081</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(15,892</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--FinanceIncomeCost_zQy512y5wKgj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">979</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,632</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">410</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(246,870</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,826</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--ProfitLossBeforeTax_zD8987FaGv6f" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) BEFORE TAX</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,294</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(10,042</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,411</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(255,444</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,928</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40E_eifrs-full--IncomeTaxExpenseContinuingOperations_z3RSJcK86Hnk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,500</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">202</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7,819</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1021">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">6,513</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--ProfitLoss_zsW2itbLF9r1" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">12,794</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(10,050</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,209</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(247,625</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,415</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_znBxVrEjR7z8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">12,794</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(10,052</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(7,209</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(247,625</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">249,675</td> <td style="text-align: left"> </td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">(2,417</td> <td style="font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_zVR3rr0TSSpg" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1038">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1040">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1041">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1042">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> </table> <p id="xdx_8AE_zN53xBeYdbzk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Codere Online does not have any customers that individually account for 10% or more of its total revenue for the years ended December 31, 2025, 2024, and 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables break down certain of the information presented in the consolidated statements of financial position as of December 31, 2025 and 2024 by Codere Online’s operating segments (amounts expressed in thousands of euros).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfCondensedBalanceSheet_pn3n3_zt8Ag3f1nlP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT INFORMATION (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B9_zOJ6YpJ79MCl" style="display: none">Schedule of financial position</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20251231__ifrs-full--SegmentsAxis__custom--SpainMember_zh2nfY3tgjR8" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20251231__ifrs-full--SegmentsAxis__custom--MexicoMember_zfn21BNVD3P5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20251231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z5Rr53VYYhxd" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20251231__ifrs-full--SegmentsAxis__custom--SupportingMember_zHiCG8FO3CGk" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20251231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zDkRml5eTt8j" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20251231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zEDUZHwFoLJ7" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/> Codere<br/> Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eifrs-full--NoncurrentAssets_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Non-current assets</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">611</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">16</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">378</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">226,009</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(213,636</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">13,378</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eifrs-full--CurrentAssets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Current assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">69,684</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,285</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,118</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">114,179</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(148,783</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">67,483</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Trade receivables and other current assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,157</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,731</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,442</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">52,878</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(61,483</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,841</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--CurrentFinancialAssets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">40,157</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,511</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,572</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">50,689</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(87,270</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,659</td> <td style="text-align: left"> </td></tr> <tr id="xdx_409_eifrs-full--CashAndCashEquivalents_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">16,370</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">14,043</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,988</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">10,612</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(30</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">49,983</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--Assets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">70,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,301</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,496</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">340,188</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(362,419</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">80,861</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--Equity_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">EQUITY</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">47,023</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(19,669</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(12,943</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">228,193</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(213,906</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">28,698</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--NoncurrentLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NON-CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">151</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1098">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">229</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,268</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,232</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,880</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40C_eifrs-full--CurrentLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">23,121</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">41,970</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">23,210</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">110,727</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(149,745</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">49,283</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--LeaseObligations_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Lease obligations</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">104</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1112">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">44</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,588</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,232</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">504</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top">Borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,048</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,074</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11,225</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">71,496</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(90,035</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,808</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Trade payables and other current liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">18,969</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">36,896</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">11,941</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">37,643</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(58,478</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">46,971</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--EquityAndLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total EQUITY AND LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">70,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,301</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,496</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">340,188</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(362,419</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">80,861</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20241231__ifrs-full--SegmentsAxis__custom--SpainMember_zZsEtoyQE1Yl" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--MexicoMember_zkjRBhx73XA5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_zT9czx5AfE8i" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--SupportingMember_zwseuLnxno07" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20241231__ifrs-full--SegmentsAxis__custom--EliminationsMember_z106t8Z2U28b" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20241231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zeDFgAhcSnJg" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/>Codere<br/>Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eifrs-full--NoncurrentAssets_iI_pn3n3_z1ohjIgYlNe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Non-current assets</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">709</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">31</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">80</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">220,495</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(209,698</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">11,617</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--CurrentAssets_iI_pn3n3_ziYaJvYUIDs4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Current assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">72,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,408</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,176</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">104,118</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(139,319</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">62,923</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_zhU2trKpxIWa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Trade receivables and other current assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,403</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,672</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,457</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">39,739</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(49,149</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,122</td> <td style="text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--CurrentFinancialAssets_iI_pn3n3_z3DoItZkkz6h" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">46,819</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,915</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,691</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">51,209</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(90,140</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,494</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--CashAndCashEquivalents_iI_pn3n3_zppdkXEda61l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">12,318</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,821</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">6,028</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">13,170</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(30</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">40,307</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eifrs-full--Assets_iI_pn3n3_zbD5I0WURMl7" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">73,249</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,439</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,256</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">324,613</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(349,017</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">74,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--Equity_iI_pn3n3_zVBN7bQ02Vj2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">EQUITY</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">48,448</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(21,134</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(11,467</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">218,341</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(209,968</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">24,220</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--NoncurrentLiabilities_iI_pn3n3_zec0EfTMdW2i" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NON-CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1188">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1189">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,359</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,358</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--CurrentLiabilities_iI_pn3n3_z4N1fAxA7MZ8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">24,801</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">36,573</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">21,726</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">100,913</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(139,051</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">44,962</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LeaseObligations_iI_pn3n3_zkzipPfJ4ZNk" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Lease obligations</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">350</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1203">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1204">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">14</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1206">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">364</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3_zg83OhPrHpTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Borrowings</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">5,921</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,329</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">13,231</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">72,925</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(92,041</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,365</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_zlu1Ncy1fR14" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Trade payables and other current liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">18,530</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">33,244</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,495</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">27,974</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(47,010</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">41,233</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--EquityAndLiabilities_iI_pn3n3_zDcf9DY3xbBh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total EQUITY AND LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">73,249</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,439</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,256</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">324,613</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(349,017</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">74,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8AE_zVYrHG2VzGuk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfCondensedIncomeStatement_pn3n3_z2fBRwNVEfL5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT INFORMATION (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BA_zmcfOMZ2c7we" style="display: none">Schedule of condensed income statements</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20250101__20251231__ifrs-full--SegmentsAxis__custom--SpainMember_z7imqIA22WKg" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20250101__20251231__ifrs-full--SegmentsAxis__custom--MexicoMember_ziXQN2OHs7Hj" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250101__20251231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_zIqMRsdNgLP5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20250101__20251231__ifrs-full--SegmentsAxis__custom--SupportingMember_zL4S3mi4k8k2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20250101__20251231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zMFXfxspO6Zh" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250101__20251231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zl7aZPNWXysg" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/>Codere<br/>Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_409_eifrs-full--Revenue_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">90,533</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">107,221</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">12,652</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">60,918</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(60,917</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">210,407</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zkFm4YDEk8Me" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,718</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,267</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,094</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(18,925</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0761">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(25,004</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_z3wCax0UTT4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(139</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(17</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(476</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0768">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(645</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zXEhm5r9PDl4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(73,485</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(103,145</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(12,688</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(50,619</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">60,917</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(179,020</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eifrs-full--OperatingExpense_iN_pn3n3_di_zooJX6kESVX3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(76,342</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(105,429</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,795</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(70,020</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">60,917</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(204,669</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--OperatingIncomelosses_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,191</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,792</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(1,143</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(9,102</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0789">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,738</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--FinanceIncome_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,710</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,154</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,451</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">21,189</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(20,857</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,647</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(36</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,185</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(7,056</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,113</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7,317</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(9,073</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_eifrs-full--FinanceIncomeCost_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,674</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(31</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,605</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">13,076</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,426</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40E_eifrs-full--ProfitLossBeforeTax_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) BEFORE TAX</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,865</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,761</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,748</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,974</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,312</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--IncomeTaxExpenseContinuingOperations_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense<b>)</b></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,803</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(11</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(195</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0824">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,017</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_400_eifrs-full--ProfitLoss_zPqk1beVQ3l6" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,062</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,750</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,756</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,779</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(13,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">14,062</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,747</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(4,756</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,779</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13,540</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,292</td> <td style="text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_zVxiJe68NTE9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0841">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0843">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0844">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0845">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3</td> <td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231__ifrs-full--SegmentsAxis__custom--SpainMember_zXZqGg4sgbvk" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20240101__20241231__ifrs-full--SegmentsAxis__custom--MexicoMember_z8VcFDvUjk1" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z6cXYicX5seb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20240101__20241231__ifrs-full--SegmentsAxis__custom--SupportingMember_zmKrNDYXQbM" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20240101__20241231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zcIZtTQfyJIf" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_z3sZH3z1Y4u3" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Total<br/>Codere</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Online</b></p></td> <td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eifrs-full--Revenue_zpI6EWuq7TG3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">87,778</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">95,699</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">17,216</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">52,204</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(52,193</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(200,704</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_404_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zvI2tUbcGiO9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,360</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,746</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,372</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(13,306</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0860">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(18,784</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_zG9Kms54gZie" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(123</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(30</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(9</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(226</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0867">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(388</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zGpmA1JXiy4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(67,786</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(96,322</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(20,380</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(44,906</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">52,193</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(177,201</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eifrs-full--OperatingExpense_iN_pn3n3_di_zAf4nfuaM9je" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(70,269</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(98,098</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(21,761</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(58,438</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">52,193</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(196,373</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_ecustom--OperatingIncomelosses_zAKzEfPfDAWa" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">17,509</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,399</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(4,545</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(6,234</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0888">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">4,331</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--FinanceIncome_zoYWWscN3FK2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,105</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">622</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11,522</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,659</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(10,727</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,181</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_zZfIYubU3vNc" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(69</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(3,552</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(5,984</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,262</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">10,727</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(7,140</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--FinanceIncomeCost_zwe4ErKVWlo" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,036</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,930</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,538</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3,603</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0909">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,041</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--ProfitLossBeforeTax_zGHKFxSphV05" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><b>NET INCOME/(LOSS) BEFORE TAX</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">19,545</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,329</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">993</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(9,837</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0916">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,372</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--IncomeTaxExpenseContinuingOperations_zCG1HvEalj2e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(4,154</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">27</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">2,658</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0923">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,462</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_eifrs-full--ProfitLoss_zUEWbMBIZLX9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(5,322</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,020</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,179</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0930">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,910</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zYwu4tOZZJjf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">15,391</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(5,324</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,020</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(7,179</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0937">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,908</td> <td style="text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_z8gV5flZdard" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0940">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0942">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0943">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0944">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20230101__20231231__ifrs-full--SegmentsAxis__custom--SpainMember_zyB5H9uUm30l" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49D_20230101__20231231__ifrs-full--SegmentsAxis__custom--MexicoMember_zrohV6Z8brr5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_491_20230101__20231231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z64eSNihIpPe" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20230101__20231231__ifrs-full--SegmentsAxis__custom--SupportingMember_zakYBoMVcOF4" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20230101__20231231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zwp1tXqJ7Ncb" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20230101__20231231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zLwjRwIMlUui" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2023</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Total<br/>Codere</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>Online</b></p></td> <td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eifrs-full--Revenue_zDsUW8eCVWRa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Revenue</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">75,669</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">73,315</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">12,663</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">45,263</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(45,263</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">161,647</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--OtherExpenseByNature_iN_pn3n3_di_zXSzCtX10GNd" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Personnel expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,968</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,776</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(992</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(12,701</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0958">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(17,437</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_zi7hR3zeimsg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Depreciation and amortization</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(24</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(32</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(8</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(50</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0965">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(114</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherOperatingExpenses_iN_pn3n3_di_zHpmJR6lQE9b" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other operating expenses</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(60,362</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(83,181</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(19,484</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(41,086</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">45,263</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(158,850</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_eifrs-full--OperatingExpense_iN_pn3n3_di_zcfDorul4eZf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Operating expenses</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(62,354</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(84,989</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(20,484</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(53,837</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">45,263</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(176,401</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_ecustom--OperatingIncomelosses_zYGV71oOCmvj" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">OPERATING INCOME/(LOSS)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">13,315</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(11,674</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,821</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,574</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0986">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(14,754</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_401_eifrs-full--FinanceIncome_z0EwznKU7n4c" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Finance income</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,030</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,552</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,989</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">28,553</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(23,406</td> <td style="text-align: left">)</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">21,718</td> <td style="font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--FinanceCosts_zrFoBkq2Sap9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Finance costs</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(51</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(4,920</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8,579</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(275,423</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">273,081</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(15,892</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eifrs-full--FinanceIncomeCost_zQy512y5wKgj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Net finance income/(costs)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">979</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,632</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">410</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(246,870</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,826</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--ProfitLossBeforeTax_zD8987FaGv6f" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) BEFORE TAX</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">14,294</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(10,042</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,411</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(255,444</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(8,928</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40E_eifrs-full--IncomeTaxExpenseContinuingOperations_z3RSJcK86Hnk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Income tax benefit/(expense)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(1,500</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(8</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">202</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">7,819</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1021">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">6,513</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--ProfitLoss_zsW2itbLF9r1" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NET INCOME/(LOSS) FOR THE YEAR</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">12,794</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(10,050</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(7,209</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(247,625</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">249,675</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(2,415</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_znBxVrEjR7z8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to equity holders of the Company</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">12,794</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(10,052</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(7,209</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(247,625</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">249,675</td> <td style="text-align: left"> </td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">(2,417</td> <td style="font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_403_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_zVR3rr0TSSpg" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Attributable to non-controlling interests</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1038">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1040">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1041">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1042">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2</td> <td style="text-align: left"> </td></tr> </table> 90533000 107221000 12652000 60918000 -60917000 210407000 2718000 2267000 1094000 18925000 25004000 139000 17000 13000 476000 645000 73485000 103145000 12688000 50619000 -60917000 179020000 76342000 105429000 13795000 70020000 -60917000 204669000 14191000 1792000 -1143000 -9102000 5738000 1710000 1154000 3451000 21189000 -20857000 6647000 -36000 -1185000 -7056000 -8113000 7317000 -9073000 1674000 -31000 -3605000 13076000 -13540000 -2426000 15865000 1761000 -4748000 3974000 -13540000 3312000 -1803000 -11000 -8000 -195000 -2017000 14062000 1750000 -4756000 3779000 -13540000 1295000 14062000 1747000 -4756000 3779000 -13540000 1292000 3000 3000 87778000 95699000 17216000 52204000 -52193000 -200704000 2360000 1746000 1372000 13306000 18784000 123000 30000 9000 226000 388000 67786000 96322000 20380000 44906000 -52193000 177201000 70269000 98098000 21761000 58438000 -52193000 196373000 17509000 -2399000 -4545000 -6234000 4331000 2105000 622000 11522000 4659000 -10727000 8181000 -69000 -3552000 -5984000 -8262000 10727000 -7140000 2036000 -2930000 5538000 -3603000 1041000 19545000 -5329000 993000 -9837000 5372000 -4154000 7000 27000 2658000 -1462000 15391000 -5322000 1020000 -7179000 3910000 15391000 -5324000 1020000 -7179000 3908000 2000 2000 75669000 73315000 12663000 45263000 -45263000 161647000 1968000 1776000 992000 12701000 17437000 24000 32000 8000 50000 114000 60362000 83181000 19484000 41086000 -45263000 158850000 62354000 84989000 20484000 53837000 -45263000 176401000 13315000 -11674000 -7821000 -8574000 -14754000 1030000 6552000 8989000 28553000 -23406000 21718000 -51000 -4920000 -8579000 -275423000 273081000 -15892000 979000 1632000 410000 -246870000 249675000 5826000 14294000 -10042000 -7411000 -255444000 249675000 -8928000 -1500000 -8000 202000 7819000 6513000 12794000 -10050000 -7209000 -247625000 249675000 -2415000 12794000 -10052000 -7209000 -247625000 249675000 -2417000 2000 2000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfCondensedBalanceSheet_pn3n3_zt8Ag3f1nlP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT INFORMATION (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B9_zOJ6YpJ79MCl" style="display: none">Schedule of financial position</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20251231__ifrs-full--SegmentsAxis__custom--SpainMember_zh2nfY3tgjR8" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20251231__ifrs-full--SegmentsAxis__custom--MexicoMember_zfn21BNVD3P5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_492_20251231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_z5Rr53VYYhxd" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20251231__ifrs-full--SegmentsAxis__custom--SupportingMember_zHiCG8FO3CGk" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_493_20251231__ifrs-full--SegmentsAxis__custom--EliminationsMember_zDkRml5eTt8j" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20251231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zEDUZHwFoLJ7" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/> Codere<br/> Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eifrs-full--NoncurrentAssets_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Non-current assets</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">611</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">16</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">378</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">226,009</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(213,636</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">13,378</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eifrs-full--CurrentAssets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Current assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">69,684</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,285</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,118</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">114,179</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(148,783</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">67,483</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Trade receivables and other current assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,157</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,731</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,442</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">52,878</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(61,483</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,841</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--CurrentFinancialAssets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">40,157</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,511</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,572</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">50,689</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(87,270</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,659</td> <td style="text-align: left"> </td></tr> <tr id="xdx_409_eifrs-full--CashAndCashEquivalents_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">16,370</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">14,043</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,988</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">10,612</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(30</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">49,983</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--Assets_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">70,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,301</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,496</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">340,188</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(362,419</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">80,861</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--Equity_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">EQUITY</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">47,023</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(19,669</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(12,943</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">228,193</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(213,906</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">28,698</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--NoncurrentLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NON-CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">151</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1098">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">229</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,268</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,232</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,880</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40C_eifrs-full--CurrentLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">23,121</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">41,970</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">23,210</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">110,727</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(149,745</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">49,283</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--LeaseObligations_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Lease obligations</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">104</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1112">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">44</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,588</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,232</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">504</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top">Borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,048</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,074</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">11,225</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">71,496</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(90,035</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,808</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Trade payables and other current liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">18,969</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">36,896</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">11,941</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">37,643</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(58,478</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">46,971</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--EquityAndLiabilities_iI_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total EQUITY AND LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">70,295</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,301</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,496</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">340,188</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(362,419</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">80,861</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20241231__ifrs-full--SegmentsAxis__custom--SpainMember_zZsEtoyQE1Yl" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--MexicoMember_zkjRBhx73XA5" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--OtherOperationsMember_zT9czx5AfE8i" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20241231__ifrs-full--SegmentsAxis__custom--SupportingMember_zwseuLnxno07" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20241231__ifrs-full--SegmentsAxis__custom--EliminationsMember_z106t8Z2U28b" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20241231__ifrs-full--SegmentsAxis__custom--TotalGroupMember_zeDFgAhcSnJg" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Spain</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Mexico</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Other<br/>Operations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Supporting</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Eliminations</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total<br/>Codere<br/>Online</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eifrs-full--NoncurrentAssets_iI_pn3n3_z1ohjIgYlNe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 28%; font-weight: bold; text-align: left; padding-bottom: 1pt">Non-current assets</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">709</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">31</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">80</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">220,495</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">(209,698</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right">11,617</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_eifrs-full--CurrentAssets_iI_pn3n3_ziYaJvYUIDs4" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Current assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">72,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,408</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,176</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">104,118</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(139,319</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">62,923</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_zhU2trKpxIWa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Trade receivables and other current assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,403</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,672</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,457</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">39,739</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(49,149</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,122</td> <td style="text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--CurrentFinancialAssets_iI_pn3n3_z3DoItZkkz6h" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">46,819</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,915</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,691</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">51,209</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(90,140</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">13,494</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--CashAndCashEquivalents_iI_pn3n3_zppdkXEda61l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">12,318</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,821</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">6,028</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">13,170</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(30</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">40,307</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eifrs-full--Assets_iI_pn3n3_zbD5I0WURMl7" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total Assets</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">73,249</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,439</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,256</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">324,613</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(349,017</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">74,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--Equity_iI_pn3n3_zVBN7bQ02Vj2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">EQUITY</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">48,448</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(21,134</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(11,467</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">218,341</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(209,968</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">24,220</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_404_eifrs-full--NoncurrentLiabilities_iI_pn3n3_zec0EfTMdW2i" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">NON-CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1188">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1189">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(3</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,359</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,358</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_406_eifrs-full--CurrentLiabilities_iI_pn3n3_z4N1fAxA7MZ8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">CURRENT LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">24,801</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">36,573</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">21,726</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">100,913</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(139,051</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">44,962</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LeaseObligations_iI_pn3n3_zkzipPfJ4ZNk" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Lease obligations</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">350</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1203">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1204">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">14</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1206">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">364</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3_zg83OhPrHpTg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Borrowings</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">5,921</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,329</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">13,231</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">72,925</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(92,041</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">3,365</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_zlu1Ncy1fR14" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Trade payables and other current liabilities</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">18,530</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">33,244</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,495</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">27,974</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(47,010</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">41,233</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--EquityAndLiabilities_iI_pn3n3_zDcf9DY3xbBh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total EQUITY AND LIABILITIES</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">73,249</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">15,439</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">10,256</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">324,613</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(349,017</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">74,540</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 611000 16000 378000 226009000 -213636000 13378000 69684000 22285000 10118000 114179000 -148783000 67483000 13157000 4731000 -1442000 52878000 -61483000 7841000 40157000 3511000 2572000 50689000 -87270000 9659000 16370000 14043000 8988000 10612000 -30000 49983000 70295000 22301000 10496000 340188000 -362419000 80861000 47023000 -19669000 -12943000 228193000 -213906000 28698000 151000 229000 1268000 1232000 2880000 23121000 41970000 23210000 110727000 -149745000 49283000 104000 44000 1588000 -1232000 504000 4048000 5074000 11225000 71496000 -90035000 1808000 18969000 36896000 11941000 37643000 -58478000 46971000 70295000 22301000 10496000 340188000 -362419000 80861000 709000 31000 80000 220495000 -209698000 11617000 72540000 15408000 10176000 104118000 -139319000 62923000 13403000 3672000 1457000 39739000 -49149000 9122000 46819000 2915000 2691000 51209000 -90140000 13494000 12318000 8821000 6028000 13170000 -30000 40307000 73249000 15439000 10256000 324613000 -349017000 74540000 48448000 -21134000 -11467000 218341000 -209968000 24220000 -3000 5359000 2000 5358000 24801000 36573000 21726000 100913000 -139051000 44962000 350000 14000 364000 5921000 3329000 13231000 72925000 -92041000 3365000 18530000 33244000 8495000 27974000 -47010000 41233000 73249000 15439000 10256000 324613000 -349017000 74540000 <p id="xdx_803_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_zVZAQHqzCld6" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>5.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_820_z8Y70UVFLiSe">PROPERTY, PLANT AND EQUIPMENT</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The reconciliation of the carrying amounts of the items comprising “Property, plant and equipment” at the beginning and end of the reporting period is set forth below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn3n3_zVN7cPncffU" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B1_z0uM7YHaIHsd" style="display: none; font-family: Times New Roman, Times, Serif">Disclosure of Property, plant and equipment</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98F_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zqR135oLMbkh" style="width: 9%; text-align: right" title="Property, plant and equipment at beginning of period">834</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z0Cs5uurj0y7" style="width: 9%; text-align: right" title="Additions Property Plant And Equipment">50</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_983_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zAagSrRfQp74" style="width: 9%; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1238">-</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z1GD7YhDpnk1" style="width: 9%; text-align: right" title="Property, plant and equipment at end of period">884</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zcIOyRESFq05" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z9AA1LAWOAe3" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1244">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zba06mnpRUjh" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1246">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z5ULEEoGJFc5" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z8Ra7GTmfTSk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">844</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zeFfepklM3If" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">50</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98B_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zO3yJ794Twtk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1254">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z0KxIxcdDcJ9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">894</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zqtQrQ4UN103" style="text-align: right" title="Property, plant and equipment at beginning of period">(387</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_fKg_____zoT76sPcnPF9" style="text-align: right" title="Additions Property Plant And Equipment">(86</td> <td style="text-align: left">)*</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zPWs8CEThr4k" style="text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1262">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zxkt6MzYEBRe" style="text-align: right" title="Property, plant and equipment at end of period">(473</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zKgLzJyWAVZf" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98D_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_z7ibJkSBaRhg" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1268">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zCim1KMGLtZ1" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1270">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zhsXjC0Mjqwh" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_980_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zYzlibIcaIgf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">(391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z4SOSY7IN8n7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(86</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zOkDppbNQkk2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1278">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zGXbzQx4KsRd" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">(477</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zED6CaWJ5zD4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">453</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_983_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_z0GWlgIRkkjk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(36</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zlCTrXBg74N5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1286">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zNrCqQ8Zpw0g" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">417</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F06_zN50P0bC58Fl" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F11_z0PIeJ1I5Z86" style="text-align: justify">The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: year-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_986_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zotc8X0fm5D3" style="width: 9%; text-align: right" title="Property, plant and equipment at beginning of period">639</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zqoWamhFBABg" style="width: 9%; text-align: right" title="Additions Property Plant And Equipment">248</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zrkPe3vmSfD4" style="width: 9%; text-align: right" title="Derecognitions Property Plant And Equipment">(53</td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjcfnbVcoHRf" style="width: 9%; text-align: right" title="Property, plant and equipment at end of period">834</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zioT9yTGn1Zi" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z3ZtkfFU8bpa" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1301">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z90udD4HD78" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1303">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zncQvvWLQ7B6" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_980_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zvo30o9mWg7e" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">649</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zelVddXR0vi4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">248</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_989_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z7hxkQ2IZ4Uh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment">(53</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zRxvXDxhTG21" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">844</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z1GAcparkDJe" style="text-align: right" title="Property, plant and equipment at beginning of period">(314</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_fKg_____zSZIpzUjcts" style="text-align: right" title="Additions Property Plant And Equipment">(126</td> <td style="text-align: left">)*</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zwmwfEoNK38k" style="text-align: right" title="Derecognitions Property Plant And Equipment">53</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zoe5TFh8xYt6" style="text-align: right" title="Property, plant and equipment at end of period">(387</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zKz3IxwepQ94" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zHQa1xLahyLk" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1325">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zGLEY5ahzeOb" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1327">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zfgJt7Q2Pw4b" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z27jPCPaTmge" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">(318</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98A_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zdby6SSFI5Fd" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(126</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zLKr6iwuKbFi" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment">53</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98D_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zWYmX8FKuNaf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">(391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_z50BjtezLA3c" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">331</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98D_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zvIYuW6iSQw2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">122</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_983_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zJvtKViACa39" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1343">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zMZWcwMgESYj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">453</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn3n3_zVN7cPncffU" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B1_z0uM7YHaIHsd" style="display: none; font-family: Times New Roman, Times, Serif">Disclosure of Property, plant and equipment</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98F_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zqR135oLMbkh" style="width: 9%; text-align: right" title="Property, plant and equipment at beginning of period">834</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z0Cs5uurj0y7" style="width: 9%; text-align: right" title="Additions Property Plant And Equipment">50</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_983_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zAagSrRfQp74" style="width: 9%; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1238">-</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z1GD7YhDpnk1" style="width: 9%; text-align: right" title="Property, plant and equipment at end of period">884</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zcIOyRESFq05" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z9AA1LAWOAe3" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1244">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zba06mnpRUjh" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1246">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z5ULEEoGJFc5" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z8Ra7GTmfTSk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">844</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zeFfepklM3If" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">50</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98B_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zO3yJ794Twtk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1254">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z0KxIxcdDcJ9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">894</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zqtQrQ4UN103" style="text-align: right" title="Property, plant and equipment at beginning of period">(387</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_fKg_____zoT76sPcnPF9" style="text-align: right" title="Additions Property Plant And Equipment">(86</td> <td style="text-align: left">)*</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98B_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zPWs8CEThr4k" style="text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1262">-</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_981_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zxkt6MzYEBRe" style="text-align: right" title="Property, plant and equipment at end of period">(473</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zKgLzJyWAVZf" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98D_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_z7ibJkSBaRhg" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1268">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zCim1KMGLtZ1" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1270">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zhsXjC0Mjqwh" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_980_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zYzlibIcaIgf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">(391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z4SOSY7IN8n7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(86</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zOkDppbNQkk2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1278">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zGXbzQx4KsRd" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">(477</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zED6CaWJ5zD4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">453</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_983_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_z0GWlgIRkkjk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(36</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zlCTrXBg74N5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1286">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zNrCqQ8Zpw0g" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">417</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F06_zN50P0bC58Fl" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F11_z0PIeJ1I5Z86" style="text-align: justify">The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: year-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_986_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zotc8X0fm5D3" style="width: 9%; text-align: right" title="Property, plant and equipment at beginning of period">639</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zqoWamhFBABg" style="width: 9%; text-align: right" title="Additions Property Plant And Equipment">248</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zrkPe3vmSfD4" style="width: 9%; text-align: right" title="Derecognitions Property Plant And Equipment">(53</td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjcfnbVcoHRf" style="width: 9%; text-align: right" title="Property, plant and equipment at end of period">834</td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zioT9yTGn1Zi" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z3ZtkfFU8bpa" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1301">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_987_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z90udD4HD78" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1303">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zncQvvWLQ7B6" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">10</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_980_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zvo30o9mWg7e" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">649</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zelVddXR0vi4" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">248</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_989_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z7hxkQ2IZ4Uh" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment">(53</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zRxvXDxhTG21" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">844</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Machinery and equipment</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z1GAcparkDJe" style="text-align: right" title="Property, plant and equipment at beginning of period">(314</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_983_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_fKg_____zSZIpzUjcts" style="text-align: right" title="Additions Property Plant And Equipment">(126</td> <td style="text-align: left">)*</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98F_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zwmwfEoNK38k" style="text-align: right" title="Derecognitions Property Plant And Equipment">53</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zoe5TFh8xYt6" style="text-align: right" title="Property, plant and equipment at end of period">(387</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other fixtures, fittings and tools</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zKz3IxwepQ94" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at beginning of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zHQa1xLahyLk" style="border-bottom: Black 1pt solid; text-align: right" title="Additions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1325">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zGLEY5ahzeOb" style="border-bottom: Black 1pt solid; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1327">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherAssetsMember_zfgJt7Q2Pw4b" style="border-bottom: Black 1pt solid; text-align: right" title="Property, plant and equipment at end of period">(4</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z27jPCPaTmge" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">(318</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98A_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zdby6SSFI5Fd" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">(126</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_981_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zLKr6iwuKbFi" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment">53</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98D_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zWYmX8FKuNaf" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">(391</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_988_ecustom--PropertyPlantAndEquipments_iS_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_z50BjtezLA3c" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at beginning of period">331</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98D_ecustom--AdditionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zvIYuW6iSQw2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Additions Property Plant And Equipment">122</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_983_ecustom--DerecognitionsPropertyPlantAndEquipment_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zJvtKViACa39" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Derecognitions Property Plant And Equipment"><span style="-sec-ix-hidden: xdx2ixbrl1343">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipments_iE_pn3n3_c20240101__20241231__ifrs-full--MeasurementAxis__custom--CarryingMember_zMZWcwMgESYj" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Property, plant and equipment at end of period">453</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 834000 50000 884000 10000 10000 844000 50000 894000 -387000 -86000 -473000 -4000 -4000 -391000 -86000 -477000 453000 -36000 417000 639000 248000 -53000 834000 10000 10000 649000 248000 -53000 844000 -314000 -126000 53000 -387000 -4000 -4000 -318000 -126000 53000 -391000 331000 122000 453000 <p id="xdx_80E_ecustom--LeasesDisclosureTextBlock_z7zQId86y8Z5" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>6.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_824_zr1fL1aYt9o3">LEASES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The Group applies IFRS 16 to recognize, measure, present, and disclose leases. Under IFRS 16, Codere Online recognizes right-of-use assets and lease liabilities for all lease contracts, except for short-term leases (defined as leases with a term of 12 months or less) and low-value leases.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">During 2024, the Group recognized several lease agreements under IFRS 16, including office and vehicle leases. These agreements vary in lease terms, jurisdictions, and conditions, and are assessed individually in accordance with IFRS 16 requirements. In particular, the agreement for the Group’s main office in Israel established a defined non-cancellable lease term of 64 months, running from July 2024 to October 2029, with a monthly rent of ILS 123 thousand.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Other active lease contracts accounted for under IFRS 16 include:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">An office lease in Melilla.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">Four vehicle lease contracts.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">During 2025, the Company entered into several new lease agreements, which include:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.5in"></td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">A new office lease in Israel, commencing on January 1, 2025, with a 58-month term and a monthly rent of ILS 24 thousand (€6,427).</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.5in"></td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">A new office lease in Colombia, commencing on November 1, 2025, with a 60-month term and a monthly rent of COL 28 million (€6,342).</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">These leases are recognized under IFRS 16 in the consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Below is a summary table with details of the lease contracts:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfAssetsLeaseTableTextBlock_pn3n3_zW8mCQ6Dvcw7" style="font: 8pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B2_zoVbJ99APfyj" style="display: none">Schedule of assets lease</span></td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td> </td> <td style="text-align: center"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Category</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Lessee</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Country</b></td> <td style="padding-bottom: 0.5pt"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>CCY</b></td> <td> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Start date</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>End date</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Lease duration <i>(months)</i></b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Rent<br/>Amount<br/>(Monthly)<br/>(EUR)<sup id="xdx_F5F_zJAe6sC0Xed5">(*)</sup></b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 23%"><span id="xdx_90D_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_z3zXnVT0fDqh" title="Main office lease (unit n2)">Main Israel office lease (unit n2)</span></td> <td style="width: 1%"> </td> <td id="xdx_98F_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zZ9hAXupfNX2" style="text-align: center; vertical-align: top; width: 18%" title="Lessee">Codere Israel Marketing Support Services Limited</td> <td style="width: 1%"> </td> <td id="xdx_98C_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zNMSUCNEfX82" style="text-align: center; vertical-align: top; width: 8%" title="Country">Israel</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_980_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zGA1id5Jmjc7" style="text-align: center; vertical-align: top; width: 8%" title="CCY">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_98C_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_z5UqnUUtMwO2" style="width: 7%; text-align: center">01/07/24</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 7%; text-align: center"><span id="xdx_90E_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zWYa4xoWYEw2" title="End date">28/10/29</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 7%; text-align: right"><span id="xdx_903_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zmkS5KIju2e2" title="Lease duration (months)">64</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 7%; text-align: right"><span id="xdx_901_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_fKg_____zhP5ns3eIsQ2" title="Rent Amount (Monthly) (ILS)">32,400</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_908_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_z8C7vXiUr7U6" title="Main office lease (unit n2)">Melilla Office</span></td> <td> </td> <td id="xdx_989_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_ztwaoGLdiwLb" style="text-align: center; vertical-align: top" title="Lessee">Codere Online, S.A.U. (CDON)</td> <td> </td> <td id="xdx_98D_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_ztdm8lrdZtMl" style="text-align: center; vertical-align: top" title="Country">Spain</td> <td> </td> <td> </td> <td id="xdx_985_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zNyH2MqdkMbe" style="text-align: center; vertical-align: top" title="CCY">EUR</td> <td> </td> <td> </td> <td id="xdx_98F_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zNQopaFPIpM8" style="text-align: center">19/04/2024</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_90F_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zOYbM0iCg2y2" title="End date">19/04/2028</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zdphwCbmPzk8" title="Lease duration (months)">48</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_fKg_____zBQF34QbBC98" title="Rent Amount (Monthly) (ILS)">10,000</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90E_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_z8KsZAdT4Rwh" title="Main office lease (unit n2)">Vehicles leasing</span></td> <td> </td> <td id="xdx_986_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_zo3jFXjvUNHl" style="text-align: center; vertical-align: top" title="Lessee">Servicios de Juego Online S.A.U. (SEJO)</td> <td> </td> <td id="xdx_98E_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_zrqMhASOLhb8" style="text-align: center; vertical-align: top" title="Country">Spain</td> <td> </td> <td> </td> <td id="xdx_98B_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_z814RFYlTSkf" style="text-align: center; vertical-align: top" title="CCY">EUR</td> <td> </td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMRBOBxhw1ul" title="Start date">01/2024</span> – <span id="xdx_901_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYe8bSpEP2Ve" title="Start date">04/2024</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8EGFxZQpbjj" title="Start date">03/2028</span> – <span id="xdx_900_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zkCfav5w8zEg">01/2029</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zuP71fPIOgDg" title="Lease duration (months)">51</span> – <span id="xdx_908_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYsPATC4qmb8" title="Lease duration (months)">58</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKg_____z0SwxGRFJPX7" title="Rent Amount (Monthly) (ILS)">594</span> – <span id="xdx_902_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKg_____zPLhiiA7qa6f" title="Rent Amount (Monthly) (ILS)">740</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90D_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zPKXIgCv2fS7" title="Main office lease (unit n2)">Israel office additional lease (unit n3)</span></td> <td> </td> <td id="xdx_985_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_z4jZHCigB9H7" style="text-align: center; vertical-align: top" title="Lessee">Codere Israel Marketing Support Services Limited</td> <td> </td> <td id="xdx_984_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zRyu7PvTmUZa" style="text-align: center; vertical-align: top" title="Country">Israel</td> <td> </td> <td> </td> <td id="xdx_98C_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_z5vDapBuvlj7" style="text-align: center; vertical-align: top" title="CCY">ILS</td> <td> </td> <td> </td> <td id="xdx_98A_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_znjINAlGEt6g" style="text-align: center">01/01/2025</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zkcRzFXg91Hc" title="End date">28/10/2029</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zjqiqcH2D8z" title="Lease duration (months)">58</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_fKg_____zl6VyacqgkC9" title="Rent Amount (Monthly) (ILS)">6,427</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_z1TVfZYmuJwg" title="Main office lease (unit n2)">Bogota office</span></td> <td> </td> <td style="font-size: 8pt; text-align: center; vertical-align: top"> <p id="xdx_987_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zPz6TwNYYskj" style="font: 8pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0" title="Lessee"><span style="font-size: 8pt">Codere Online Colombia S.A.S.</span></p> </td> <td> </td> <td id="xdx_98C_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zZPWK1l0Kkb8" style="text-align: center; vertical-align: top" title="Country">Colombia</td> <td> </td> <td> </td> <td id="xdx_987_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_z31w51JyXnlh" style="text-align: center; vertical-align: top" title="CCY">CCOP</td> <td> </td> <td> </td> <td id="xdx_98B_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zZT9pKXUoslb" style="text-align: center">01/11/2025</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_902_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zFZWzWx22HB5" title="End date">31/10/2030</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zukuL3UefYWk" title="Lease duration (months)">60</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_fKg_____z9PORsOWQDzi" title="Rent Amount (Monthly) (ILS)">6,342</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><i id="xdx_F0D_zSmlqPGS6OHe">*</i></td> <td id="xdx_F16_ziOsPi7H7b89" style="text-align: justify">These figures are not presented in thousands of euros.</td> </tr> </table> <p id="xdx_8AF_zvkvj3ZuxTWl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.25in; text-align: justify; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Right-of-Use Assets</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The reconciliation of the carrying amounts of the items comprising “Right-of-use assets” at the beginning and end of the reporting period is set forth below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfRightofuseAssetsTableTextBlock_pn3n3_za4eM2tbh4Tk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B8_zQhU7NuG3ZGh" style="display: none">Schedule of right-of-use assets</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Right of use assets</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zccGhc44dRS7" title="Right of use assets beginning balance">2,200</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_905_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z87txJjgmySc" title="Right of use assets Additions">570</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zXbBotvKxood" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1442">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_903_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zzDyGgXppFA4" title="Right of use assets ending balance">2,770</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zv2OzLWDT52a" title="Right of use assets beginning balance">2,200</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjFHIs4fQX8k" title="Right of use assets Additions">570</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjJixDEGH5H" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1450">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zLPVodAgp8Ij" title="Right of use assets ending balance">2,770</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Right of use assets</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zSDOQ53tRCq4" title="Right of use assets beginning balance">(243</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_fKg_____z52VoyRDAuef" title="Right of use assets Additions">(506</span></td> <td style="padding-bottom: 1pt; text-align: left">)*</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zp9WiwxKJiWg" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1458">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zHyvfVP7c9y3" title="Right of use assets ending balance">(749</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zMzFvStlWph3" title="Right of use assets beginning balance">(243</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z6bNOHMDHDq4" title="Right of use assets Additions">(506</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zApTGGkELxzk" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1466">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zcvL3smbTDpb" title="Right of use assets ending balance">(749</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zx2t4TBOfk55" title="Right of use assets beginning balance">1,957</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_901_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zqOUhbsncGul" title="Right of use assets Additions">63</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zf0judPxJ282" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1474">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zviWKrvpWfU8" title="Right of use assets ending balance">2,021</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F02_zvWfmWcRNiTe" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F1E_zVHbEJpZkscc" style="text-align: justify">The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> <p id="xdx_8A8_zy4BRYBoOye2" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Lease Liabilities</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The lease liabilities as of December 31, 2025, amounted to €2,119 thousand. The maturity analysis is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfLeaseLiabilitiesTableTextBlock_pn3n3_zVLNcwRrz7t" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B0_zQa9XIrNS6yb" style="display: none">Schedule of lease liabilities</span></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20251231_zbwJZDSVtwW2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Maturity Analysis:</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_408_ecustom--LeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_zGhlnNnU06Pk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">698</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--LeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_zPWrgiOdbCbg" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">698</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--LeaseLiabilityPaymentsDueYearThree_iI_pn3n3_zss2mfCoYS7f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">609</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LeaseLiabilityPaymentsDueYearFour_iI_pn3n3_znlCtebbHHHl" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 4</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">541</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--LeaseLiabilityPaymentsDueYearFive_iI_pn3n3_zqmjKlyS0kCe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 5</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">63</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--LeaseLiabilityPaymentsDueOnwards_iI_pn3n3_zWdQllzTXxHh" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Onwards</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1492">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--TotalFutureLeasePayments_iI_pn3n3_zMLmLic15J" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total future lease payments</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">2,609</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--LessUnearnedInterest_iNI_pn3n3_di_z0MVdgMgBpDl" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in">Less: unearned interest</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>490</i></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--LeaseLiabilities_iI_pn3n3_zWfSV9xTltDg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Liabilities as of December 31, 2025</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">2,119</td> <td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Analyses as:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_zqBTz5P0ppda" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in">Non-Current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><i>1,615</i></td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_z3U51XIPk9E7" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in">Current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><i>504</i></td> <td style="text-align: left"> </td></tr> </table> <p id="xdx_8AF_zWr2xujkVT2c" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Lease Expenses and cash outflow</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For the year ended 31 December 2025, Codere Online recognized the following lease-related expenses in the statement of profit or loss:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfLeaseExpensesAndCashOutflowTableTextBlock_pn3n3_zMxRQBc6Bcfa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 3)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B6_zVjf8D0IeGr1" style="display: none">Depreciation of right-of-use assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250101__20251231_zvmWrGugSMO4" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eifrs-full--DepreciationRightofuseAssets_zNbAXDF2lc7i" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Depreciation of right-of-use assets</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">524</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--LeaseFinanceInterest_pn3n3_zMa0lQFlnWV1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Finance Interest</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">188</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--OperatingExpensesShortTermAndLowvalueLeases_zrGfWAbV96fg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Operating expenses (short term and low-value leases)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">32</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--LeaseRelatedExpenses_znJQ0OmcOIAj" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">744</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The total cash outflow for leases amount to €0.7 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For the year ended 31 December 2024, Codere Online recognized the following lease-related expenses in the statement of profit or loss:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span style="display: none"></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231_zCPe5NvV1L5" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eifrs-full--DepreciationRightofuseAssets_zMH96kroHOu" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Depreciation of right-of-use assets</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">(242</td> <td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--LeaseFinanceInterest_iN_pn3n3_di_zOE2FUCmr9hf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Finance Interest</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(105</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--OperatingExpensesShortTermAndLowvalueLeases_ziFBPoR3ksg9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Operating expenses (short term and low-value leases)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(234</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40A_ecustom--LeaseRelatedExpenses_zCzXmXS7cAI5" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(581</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The total cash outflow for leases amount to €0.3 million in 2024.</p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfAssetsLeaseTableTextBlock_pn3n3_zW8mCQ6Dvcw7" style="font: 8pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B2_zoVbJ99APfyj" style="display: none">Schedule of assets lease</span></td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td> </td> <td style="text-align: center; vertical-align: top"> </td> <td> </td> <td> </td> <td style="text-align: center"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Category</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Lessee</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Country</b></td> <td style="padding-bottom: 0.5pt"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>CCY</b></td> <td> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>Start date</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center"><b>End date</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Lease duration <i>(months)</i></b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Rent<br/>Amount<br/>(Monthly)<br/>(EUR)<sup id="xdx_F5F_zJAe6sC0Xed5">(*)</sup></b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 23%"><span id="xdx_90D_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_z3zXnVT0fDqh" title="Main office lease (unit n2)">Main Israel office lease (unit n2)</span></td> <td style="width: 1%"> </td> <td id="xdx_98F_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zZ9hAXupfNX2" style="text-align: center; vertical-align: top; width: 18%" title="Lessee">Codere Israel Marketing Support Services Limited</td> <td style="width: 1%"> </td> <td id="xdx_98C_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zNMSUCNEfX82" style="text-align: center; vertical-align: top; width: 8%" title="Country">Israel</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_980_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zGA1id5Jmjc7" style="text-align: center; vertical-align: top; width: 8%" title="CCY">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td id="xdx_98C_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_z5UqnUUtMwO2" style="width: 7%; text-align: center">01/07/24</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 7%; text-align: center"><span id="xdx_90E_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zWYa4xoWYEw2" title="End date">28/10/29</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 7%; text-align: right"><span id="xdx_903_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_zmkS5KIju2e2" title="Lease duration (months)">64</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 7%; text-align: right"><span id="xdx_901_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MainIsraelOfficeLeaseMember_fKg_____zhP5ns3eIsQ2" title="Rent Amount (Monthly) (ILS)">32,400</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_908_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_z8C7vXiUr7U6" title="Main office lease (unit n2)">Melilla Office</span></td> <td> </td> <td id="xdx_989_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_ztwaoGLdiwLb" style="text-align: center; vertical-align: top" title="Lessee">Codere Online, S.A.U. (CDON)</td> <td> </td> <td id="xdx_98D_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_ztdm8lrdZtMl" style="text-align: center; vertical-align: top" title="Country">Spain</td> <td> </td> <td> </td> <td id="xdx_985_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zNyH2MqdkMbe" style="text-align: center; vertical-align: top" title="CCY">EUR</td> <td> </td> <td> </td> <td id="xdx_98F_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zNQopaFPIpM8" style="text-align: center">19/04/2024</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_90F_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zOYbM0iCg2y2" title="End date">19/04/2028</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_zdphwCbmPzk8" title="Lease duration (months)">48</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--MelillaOfficeMember_fKg_____zBQF34QbBC98" title="Rent Amount (Monthly) (ILS)">10,000</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90E_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_z8KsZAdT4Rwh" title="Main office lease (unit n2)">Vehicles leasing</span></td> <td> </td> <td id="xdx_986_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_zo3jFXjvUNHl" style="text-align: center; vertical-align: top" title="Lessee">Servicios de Juego Online S.A.U. (SEJO)</td> <td> </td> <td id="xdx_98E_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_zrqMhASOLhb8" style="text-align: center; vertical-align: top" title="Country">Spain</td> <td> </td> <td> </td> <td id="xdx_98B_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember_z814RFYlTSkf" style="text-align: center; vertical-align: top" title="CCY">EUR</td> <td> </td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMRBOBxhw1ul" title="Start date">01/2024</span> – <span id="xdx_901_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYe8bSpEP2Ve" title="Start date">04/2024</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_900_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8EGFxZQpbjj" title="Start date">03/2028</span> – <span id="xdx_900_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zkCfav5w8zEg">01/2029</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zuP71fPIOgDg" title="Lease duration (months)">51</span> – <span id="xdx_908_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYsPATC4qmb8" title="Lease duration (months)">58</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKg_____z0SwxGRFJPX7" title="Rent Amount (Monthly) (ILS)">594</span> – <span id="xdx_902_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--VehiclesLeasingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKg_____zPLhiiA7qa6f" title="Rent Amount (Monthly) (ILS)">740</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90D_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zPKXIgCv2fS7" title="Main office lease (unit n2)">Israel office additional lease (unit n3)</span></td> <td> </td> <td id="xdx_985_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_z4jZHCigB9H7" style="text-align: center; vertical-align: top" title="Lessee">Codere Israel Marketing Support Services Limited</td> <td> </td> <td id="xdx_984_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zRyu7PvTmUZa" style="text-align: center; vertical-align: top" title="Country">Israel</td> <td> </td> <td> </td> <td id="xdx_98C_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_z5vDapBuvlj7" style="text-align: center; vertical-align: top" title="CCY">ILS</td> <td> </td> <td> </td> <td id="xdx_98A_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_znjINAlGEt6g" style="text-align: center">01/01/2025</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_90B_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zkcRzFXg91Hc" title="End date">28/10/2029</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_zjqiqcH2D8z" title="Lease duration (months)">58</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--IsraelOfficeAdditionalleaseMember_fKg_____zl6VyacqgkC9" title="Rent Amount (Monthly) (ILS)">6,427</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_90B_ecustom--Category_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_z1TVfZYmuJwg" title="Main office lease (unit n2)">Bogota office</span></td> <td> </td> <td style="font-size: 8pt; text-align: center; vertical-align: top"> <p id="xdx_987_ecustom--Lessee_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zPz6TwNYYskj" style="font: 8pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0" title="Lessee"><span style="font-size: 8pt">Codere Online Colombia S.A.S.</span></p> </td> <td> </td> <td id="xdx_98C_ecustom--Country_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zZPWK1l0Kkb8" style="text-align: center; vertical-align: top" title="Country">Colombia</td> <td> </td> <td> </td> <td id="xdx_987_ecustom--Ccy_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_z31w51JyXnlh" style="text-align: center; vertical-align: top" title="CCY">CCOP</td> <td> </td> <td> </td> <td id="xdx_98B_ecustom--StartDateOfLeases_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zZT9pKXUoslb" style="text-align: center">01/11/2025</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: center"><span id="xdx_902_ecustom--EndDateOfLease_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zFZWzWx22HB5" title="End date">31/10/2030</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--LeaseDurationMonths_dtM_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_zukuL3UefYWk" title="Lease duration (months)">60</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--RentAmountMonthlyIls_pp0p0_c20250101__20251231__ifrs-full--TypesOfRisksAxis__custom--BogotaOfficeMember_fKg_____z9PORsOWQDzi" title="Rent Amount (Monthly) (ILS)">6,342</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><i id="xdx_F0D_zSmlqPGS6OHe">*</i></td> <td id="xdx_F16_ziOsPi7H7b89" style="text-align: justify">These figures are not presented in thousands of euros.</td> </tr> </table> Main Israel office lease (unit n2) Codere Israel Marketing Support Services Limited Israel ILS 01/07/24 28/10/29 P64M 32400 Melilla Office Codere Online, S.A.U. (CDON) Spain EUR 19/04/2024 19/04/2028 P48M 10000 Vehicles leasing Servicios de Juego Online S.A.U. (SEJO) Spain EUR 01/2024 04/2024 03/2028 01/2029 P51M P58M 594 740 Israel office additional lease (unit n3) Codere Israel Marketing Support Services Limited Israel ILS 01/01/2025 28/10/2029 P58M 6427 Bogota office Codere Online Colombia S.A.S. Colombia CCOP 01/11/2025 31/10/2030 P60M 6342 <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfRightofuseAssetsTableTextBlock_pn3n3_za4eM2tbh4Tk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B8_zQhU7NuG3ZGh" style="display: none">Schedule of right-of-use assets</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Cost</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Additions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Derecognitions</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Right of use assets</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zccGhc44dRS7" title="Right of use assets beginning balance">2,200</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_905_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_z87txJjgmySc" title="Right of use assets Additions">570</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zXbBotvKxood" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1442">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_903_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zzDyGgXppFA4" title="Right of use assets ending balance">2,770</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zv2OzLWDT52a" title="Right of use assets beginning balance">2,200</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjFHIs4fQX8k" title="Right of use assets Additions">570</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zjJixDEGH5H" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1450">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__ifrs-full--AtCostMember_zLPVodAgp8Ij" title="Right of use assets ending balance">2,770</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accumulated depreciation (Note 13)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Right of use assets</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zSDOQ53tRCq4" title="Right of use assets beginning balance">(243</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_fKg_____z52VoyRDAuef" title="Right of use assets Additions">(506</span></td> <td style="padding-bottom: 1pt; text-align: left">)*</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zp9WiwxKJiWg" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1458">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember__ifrs-full--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__ifrs-full--RightofuseAssetsMember_zHyvfVP7c9y3" title="Right of use assets ending balance">(749</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zMzFvStlWph3" title="Right of use assets beginning balance">(243</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_z6bNOHMDHDq4" title="Right of use assets Additions">(506</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zApTGGkELxzk" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1466">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--AccumulatedMember_zcvL3smbTDpb" title="Right of use assets ending balance">(749</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Carrying amount</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--RightofuseAssets_iS_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zx2t4TBOfk55" title="Right of use assets beginning balance">1,957</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_901_eifrs-full--AdditionsToRightofuseAssets_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zqOUhbsncGul" title="Right of use assets Additions">63</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--RightOfUseAssetsDerecognitions_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zf0judPxJ282" title="Right of use assets Derecognitions"><span style="-sec-ix-hidden: xdx2ixbrl1474">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_903_eifrs-full--RightofuseAssets_iE_pn3n3_c20250101__20251231__ifrs-full--MeasurementAxis__custom--CarryingMember_zviWKrvpWfU8" title="Right of use assets ending balance">2,021</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F02_zvWfmWcRNiTe" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F1E_zVHbEJpZkscc" style="text-align: justify">The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> 2200000 570000 2770000 2200000 570000 2770000 -243000 -506000 -749000 -243000 -506000 -749000 1957000 63000 2021000 <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfLeaseLiabilitiesTableTextBlock_pn3n3_zVLNcwRrz7t" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B0_zQa9XIrNS6yb" style="display: none">Schedule of lease liabilities</span></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_499_20251231_zbwJZDSVtwW2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Maturity Analysis:</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_408_ecustom--LeaseLiabilityPaymentsDueNextTwelveMonths_iI_pn3n3_zGhlnNnU06Pk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 1</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">698</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--LeaseLiabilityPaymentsDueYearTwo_iI_pn3n3_zPWrgiOdbCbg" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 2</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">698</td> <td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--LeaseLiabilityPaymentsDueYearThree_iI_pn3n3_zss2mfCoYS7f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 3</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">609</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LeaseLiabilityPaymentsDueYearFour_iI_pn3n3_znlCtebbHHHl" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 4</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">541</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--LeaseLiabilityPaymentsDueYearFive_iI_pn3n3_zqmjKlyS0kCe" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Year 5</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">63</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--LeaseLiabilityPaymentsDueOnwards_iI_pn3n3_zWdQllzTXxHh" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Onwards</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1492">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--TotalFutureLeasePayments_iI_pn3n3_zMLmLic15J" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total future lease payments</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">2,609</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--LessUnearnedInterest_iNI_pn3n3_di_z0MVdgMgBpDl" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in">Less: unearned interest</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>490</i></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--LeaseLiabilities_iI_pn3n3_zWfSV9xTltDg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Liabilities as of December 31, 2025</td> <td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right">2,119</td> <td style="font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Analyses as:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_zqBTz5P0ppda" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in">Non-Current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><i>1,615</i></td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_z3U51XIPk9E7" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in">Current</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><i>504</i></td> <td style="text-align: left"> </td></tr> </table> 698000 698000 609000 541000 63000 2609000 -490000 2119000 1615000 504000 <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfLeaseExpensesAndCashOutflowTableTextBlock_pn3n3_zMxRQBc6Bcfa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 3)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B6_zVjf8D0IeGr1" style="display: none">Depreciation of right-of-use assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_490_20250101__20251231_zvmWrGugSMO4" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_406_eifrs-full--DepreciationRightofuseAssets_zNbAXDF2lc7i" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Depreciation of right-of-use assets</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">524</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--LeaseFinanceInterest_pn3n3_zMa0lQFlnWV1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Finance Interest</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">188</td> <td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--OperatingExpensesShortTermAndLowvalueLeases_zrGfWAbV96fg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Operating expenses (short term and low-value leases)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">32</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--LeaseRelatedExpenses_znJQ0OmcOIAj" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">744</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The total cash outflow for leases amount to €0.7 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For the year ended 31 December 2024, Codere Online recognized the following lease-related expenses in the statement of profit or loss:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span style="display: none"></span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_496_20240101__20241231_zCPe5NvV1L5" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40F_eifrs-full--DepreciationRightofuseAssets_zMH96kroHOu" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Depreciation of right-of-use assets</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">(242</td> <td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--LeaseFinanceInterest_iN_pn3n3_di_zOE2FUCmr9hf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Lease Finance Interest</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(105</td> <td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--OperatingExpensesShortTermAndLowvalueLeases_ziFBPoR3ksg9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Operating expenses (short term and low-value leases)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(234</td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40A_ecustom--LeaseRelatedExpenses_zCzXmXS7cAI5" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(581</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The total cash outflow for leases amount to €0.3 million in 2024.</p> 524000 188000 32000 744000 -242000 105000 -234000 -581000 <p id="xdx_80B_eifrs-full--DisclosureOfFinancialAssetsExplanatory_z82RG3cfbZwl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>7.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_824_zpGuzBSxCRY2">FINANCIAL ASSETS</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of the carrying amount of the items presented under financial assets at December 31, 2025 and 2024 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_pn3n3_zKFYYKMXbIia" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FINANCIAL ASSETS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B4_zkuBKsO0qLN3" style="display: none">Schedule of cash and cash equivalents</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial assets:</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_z64JNWMQQmb1" title="Current financial assets:">67,483</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zLe3OrbUAo4i" title="Current financial assets:">67,482</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zJmxvbl5xtS6" title="Current financial assets:">67,482</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade receivables and other current assets (Note 8)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_z9BDxjEO3e2i" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zhTP3a4FKpwk" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z4FA5SDnJG28" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zkr0ug7QHyOe" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zVCdGWMK2cqk" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z7AYrNVJ95Wb" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zIQgxblH84q1" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zFgwTYXCz3Xf" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zj4WC2tcoFaj" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial assets:</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_908_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zp3PYhrG3JS8" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_901_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zGZ2S1topWqg" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z9wAxbKIHbJ6" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade receivables and other current assets (Note 8)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zJEo4K6cVtQa" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zqGXzPLRNiy5" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zPCmyf4Rseu3" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zXcuG03uEEEj" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_z2W8agCAU58l" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_ziRMACcRBIgk" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zoG0jlJGoJTh" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zd7abVsavz0i" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z0PHqRoQ92ui" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <p id="xdx_8A5_zMBXmNqrf1da" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Cash and cash equivalents also include reserved cash in certain jurisdictions (Spain, Colombia, Panama, and the City of Buenos Aires) where regulations require the Company to maintain total cash reserves equal to the amount that the customer has in his or her online wallet. As of December 31, 2025 and 2024 reserved cash amounted to €<span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__srt--CounterpartyNameAxis__custom--CustomersMember_zPNsvBrAUSm7" title="Cash and cash equivalents">5,205</span> and €<span id="xdx_909_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__srt--CounterpartyNameAxis__custom--CustomersMember_zeVfGoQADkT4" title="Cash and cash equivalents">4,899</span> thousand, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Trade receivables and other current assets mainly comprise VAT recoverable from the tax authorities amounting to €<span id="xdx_905_ecustom--TaxAuthoritiesAmount_iI_pn3n3_c20251231_zvbZYtGH4QDl" title="Tax authorities amount">5,405</span> and €<span id="xdx_90D_ecustom--TaxAuthoritiesAmount_iI_pn3n3_c20241231_zhhsgZ7rasNe" title="Tax authorities amount">5,150</span> thousand euros as of December 31, 2025 and, 2024, respectively. The balance also includes deposits made by customers through retail sport betting terminals, owned by other entities of Codere Group, to their virtual wallets amounting to €954 and €1,149 thousand as of December 31, 2025 and 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Current financial assets mainly correspond to “in transit” deposits made by customers through payment service providers to their virtual wallets and amounted to €<span id="xdx_90B_ecustom--CurrentFinancialsAssets_iI_pn3n3_c20251231_zoG1wXbLBi2k" title="Current financial assets">8,461</span> and €<span id="xdx_907_ecustom--CurrentFinancialsAssets_iI_pn3n3_c20241231_z03fxJKKRTLi" title="Current financial assets">11,658</span> thousand euros as of December 31, 2025 and 2024, respectively. These deposits are normally settled and appear in the Company’s bank account between one to fifteen days after the transaction, depending on each payment service provider and are recognized as current financial assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The expected credit losses recognized on current financial assets as of December 31, 2025 and 2024 amounted to €<span id="xdx_90A_ecustom--CreditLossesOnCurrentFinancialAssets_pn3n3_c20250101__20251231_zAsRCkJu4S9b" title="Credit losses on current financial assets">138</span> thousand and €<span id="xdx_90A_ecustom--CreditLossesOnCurrentFinancialAssets_pn3n3_c20240101__20241231_z9wyXQhdWOd" title="Credit losses on current financial assets">138</span> thousand, respectively.</p> <table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_pn3n3_zKFYYKMXbIia" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FINANCIAL ASSETS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B4_zkuBKsO0qLN3" style="display: none">Schedule of cash and cash equivalents</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial assets:</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_z64JNWMQQmb1" title="Current financial assets:">67,483</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zLe3OrbUAo4i" title="Current financial assets:">67,482</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zJmxvbl5xtS6" title="Current financial assets:">67,482</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade receivables and other current assets (Note 8)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_z9BDxjEO3e2i" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zhTP3a4FKpwk" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z4FA5SDnJG28" title="Trade receivables and other current assets (Note 9)">7,841</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zkr0ug7QHyOe" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zVCdGWMK2cqk" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z7AYrNVJ95Wb" title="Current financial assets">9,659</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zIQgxblH84q1" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zFgwTYXCz3Xf" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zj4WC2tcoFaj" title="Cash and cash equivalents">49,983</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial assets:</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_908_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zp3PYhrG3JS8" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_901_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zGZ2S1topWqg" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialAssets_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z9wAxbKIHbJ6" title="Current financial assets:">62,923</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade receivables and other current assets (Note 8)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zJEo4K6cVtQa" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zqGXzPLRNiy5" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--TradeAndOtherCurrentReceivables_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_zPCmyf4Rseu3" title="Trade receivables and other current assets (Note 9)">9,122</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Current financial assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zXcuG03uEEEj" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_z2W8agCAU58l" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialAssetsAtAmortisedCost_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_ziRMACcRBIgk" title="Current financial assets">13,494</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Cash and cash equivalents</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AmortizedCostDebtInstrumentsMember_zoG0jlJGoJTh" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--CarryingAmountMember_zd7abVsavz0i" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FairValueMember_z0PHqRoQ92ui" title="Cash and cash equivalents">40,307</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 67483000 67482000 67482000 7841000 7841000 7841000 9659000 9659000 9659000 49983000 49983000 49983000 62923000 62923000 62923000 9122000 9122000 9122000 13494000 13494000 13494000 40307000 40307000 40307000 5205000 4899000 5405000 5150000 8461000 11658000 138000 138000 <p id="xdx_80F_eifrs-full--DisclosureOfTradeAndOtherReceivablesExplanatory_z7USikt4FPZh" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>8.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_82E_zfUGgCjroeGg">TRADE RECEIVABLES AND OTHER CURRENT ASSETS</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of the items presented under this heading at December 31, 2025 and 2024 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--TradeReceivablesAndOtherCurrentAssets_pn3n3_zbuCdkbEC483" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left"><span id="xdx_8B6_zEEYw00ZEXdh" style="display: none">Trade Receivables and Other Current assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20251231_z6ilfbJakB7" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20241231_zTN1PddPSKL2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentReceivablesAbstract_iB_zmN4DFXnWlZi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Trade receivables:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--OtherReceivablesFromCodereGroupCompanies_i01I_pn3n3_zQugHNWFAQF9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Other receivables from the Codere Group companies (Note 14)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">954</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,149</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ImpairmentOfTradeReceivables_i01I_pn3n3_zXvNuiGxHZCk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Impairment of trade receivables</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(99</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(99</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Other current assets:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--CurrentTaxAssets_i01I_pn3n3_z70h6FVFhNq" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current tax asset (VAT)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,405</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,150</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eifrs-full--CurrentPrepayments_i01I_pn3n3_zmgJqNh93tbe" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Prepayments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,507</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,197</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--OtherReceivabless_i01I_pn3n3_zgfTMXVKhEq3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other receivables</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">74</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">725</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--TradeAndOtherReceivables_i01I_pn3n3_zlHIhpqIBdph" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,841</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,122</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8A4_zNFNa4cu7Ghi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The carrying amounts of Codere Online’s trade receivables and other current assets are denominated in the following currencies:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfGroupsTradeReceivables_pn3n3_zLkO7yCmD448" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BD_zKuGZdQizh0h" style="display: none">Disclosure of groups trade receivables</span></td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Currency</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">EUR</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--EUR_ztrl8yCz4hAl" title="Total">4,379</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--EUR_z3IKkI1A38q1" title="Total">3,524</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">ILS</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zJkZWavATAif" title="Total">175</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zB4c1EPNBmja" title="Total">470</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">ARS</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zl4dNC9FqXzg" title="Total">86</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zCfNEk1bW60d" title="Total">590</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">USD</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--USD_zzrFHefq4bt" title="Total">420</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--USD_zrTz2EsnfAKd" title="Total">183</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MXN</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zRQGN4xVn66g" title="Total">1,886</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_zowrRgBSgkUk" title="Total">3,672</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">COP</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_zIvvzjhkgdej" title="Total">895</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zPJB0INcjCUf" title="Total">683</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Total</b></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_909_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231_znBghYqQB522" title="Total">7,841</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231_zIlUTfYmnmT5" title="Total">9,122</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8A7_zDgcRj3OQf0l" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The maximum exposure to credit risk at the reporting date is the carrying value of each class of receivable mentioned above. Codere Online does not hold any collateral as security.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The movement in the allowance for impairment of trade receivables as of December 31, 2025 and 2024 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfPimpairmentOfAccountsReceivable_pn3n3_zp2GSzQaOiZ7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BA_zmILGfQKzmj8" style="display: none">Disclosure of impairment of accounts receivable</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 88%; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2023</b></td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--AllowanceForImpairmentOfAccountsReceivable_iS_pn3n3_c20240101__20241231_zEINISIYH9v8" style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, beginning">99</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Additions</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98C_ecustom--AllowanceForImpairmentOfAccountsReceivableAdditions_pn3n3_c20240101__20241231_zskM2fGnEyQf" style="text-align: right" title="Allowance For impairment of accounts receivable Additions"><span style="-sec-ix-hidden: xdx2ixbrl1651">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left">Reversal</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_988_ecustom--AllowanceForImpairmentOfAccountsReceivableReversal_pn3n3_c20240101__20241231_zEQLAny0Fa3c" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance For impairment of accounts receivable Reversal"><span style="-sec-ix-hidden: xdx2ixbrl1653">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2024</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98F_ecustom--AllowanceForImpairmentOfAccountsReceivable_iS_pn3n3_c20250101__20251231_z0uuMePUqG27" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, beginning">99</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Additions</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_980_ecustom--AllowanceForImpairmentOfAccountsReceivableAdditions_pn3n3_c20250101__20251231_znlgoH4GyRp2" style="text-align: right" title="Allowance For impairment of accounts receivable Additions"><span style="-sec-ix-hidden: xdx2ixbrl1657">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left">Reversal</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_983_ecustom--AllowanceForImpairmentOfAccountsReceivableReversal_pn3n3_c20250101__20251231_zakCWBGDvGye" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance For impairment of accounts receivable Reversal"><span style="-sec-ix-hidden: xdx2ixbrl1659">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2025</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_985_ecustom--AllowanceForImpairmentOfAccountsReceivable_iE_pn3n3_c20250101__20251231_zLf6jDVaUx0d" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, ending">99</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--TradeReceivablesAndOtherCurrentAssets_pn3n3_zbuCdkbEC483" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left"><span id="xdx_8B6_zEEYw00ZEXdh" style="display: none">Trade Receivables and Other Current assets</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20251231_z6ilfbJakB7" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20241231_zTN1PddPSKL2" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentReceivablesAbstract_iB_zmN4DFXnWlZi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Trade receivables:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--OtherReceivablesFromCodereGroupCompanies_i01I_pn3n3_zQugHNWFAQF9" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Other receivables from the Codere Group companies (Note 14)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">954</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,149</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ImpairmentOfTradeReceivables_i01I_pn3n3_zXvNuiGxHZCk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Impairment of trade receivables</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(99</td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(99</td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Other current assets:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--CurrentTaxAssets_i01I_pn3n3_z70h6FVFhNq" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current tax asset (VAT)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,405</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,150</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40C_eifrs-full--CurrentPrepayments_i01I_pn3n3_zmgJqNh93tbe" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Prepayments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,507</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,197</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--OtherReceivabless_i01I_pn3n3_zgfTMXVKhEq3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Other receivables</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">74</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">725</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eifrs-full--TradeAndOtherReceivables_i01I_pn3n3_zlHIhpqIBdph" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,841</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,122</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 954000 1149000 -99000 -99000 5405000 5150000 1507000 2197000 74000 725000 7841000 9122000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfGroupsTradeReceivables_pn3n3_zLkO7yCmD448" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BD_zKuGZdQizh0h" style="display: none">Disclosure of groups trade receivables</span></td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: left">Currency</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">EUR</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--EUR_ztrl8yCz4hAl" title="Total">4,379</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--EUR_z3IKkI1A38q1" title="Total">3,524</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">ILS</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zJkZWavATAif" title="Total">175</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zB4c1EPNBmja" title="Total">470</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">ARS</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zl4dNC9FqXzg" title="Total">86</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zCfNEk1bW60d" title="Total">590</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">USD</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--USD_zzrFHefq4bt" title="Total">420</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--USD_zrTz2EsnfAKd" title="Total">183</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MXN</td> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zRQGN4xVn66g" title="Total">1,886</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_zowrRgBSgkUk" title="Total">3,672</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">COP</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_zIvvzjhkgdej" title="Total">895</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zPJB0INcjCUf" title="Total">683</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Total</b></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_909_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231_znBghYqQB522" title="Total">7,841</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231_zIlUTfYmnmT5" title="Total">9,122</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 4379000 3524000 175000 470000 86000 590000 420000 183000 1886000 3672000 895000 683000 7841000 9122000 <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfPimpairmentOfAccountsReceivable_pn3n3_zp2GSzQaOiZ7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE RECEIVABLES AND OTHER CURRENT ASSETS (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BA_zmILGfQKzmj8" style="display: none">Disclosure of impairment of accounts receivable</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 88%; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2023</b></td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td id="xdx_984_ecustom--AllowanceForImpairmentOfAccountsReceivable_iS_pn3n3_c20240101__20241231_zEINISIYH9v8" style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, beginning">99</td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Additions</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_98C_ecustom--AllowanceForImpairmentOfAccountsReceivableAdditions_pn3n3_c20240101__20241231_zskM2fGnEyQf" style="text-align: right" title="Allowance For impairment of accounts receivable Additions"><span style="-sec-ix-hidden: xdx2ixbrl1651">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left">Reversal</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_988_ecustom--AllowanceForImpairmentOfAccountsReceivableReversal_pn3n3_c20240101__20241231_zEQLAny0Fa3c" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance For impairment of accounts receivable Reversal"><span style="-sec-ix-hidden: xdx2ixbrl1653">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2024</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_98F_ecustom--AllowanceForImpairmentOfAccountsReceivable_iS_pn3n3_c20250101__20251231_z0uuMePUqG27" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, beginning">99</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Additions</td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_980_ecustom--AllowanceForImpairmentOfAccountsReceivableAdditions_pn3n3_c20250101__20251231_znlgoH4GyRp2" style="text-align: right" title="Allowance For impairment of accounts receivable Additions"><span style="-sec-ix-hidden: xdx2ixbrl1657">-</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left">Reversal</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_983_ecustom--AllowanceForImpairmentOfAccountsReceivableReversal_pn3n3_c20250101__20251231_zakCWBGDvGye" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance For impairment of accounts receivable Reversal"><span style="-sec-ix-hidden: xdx2ixbrl1659">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; font-weight: bold; text-align: left"><b>Expected credit loss as of 12/31/2025</b></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td id="xdx_985_ecustom--AllowanceForImpairmentOfAccountsReceivable_iE_pn3n3_c20250101__20251231_zLf6jDVaUx0d" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right" title="Allowance For impairment of accounts receivable, ending">99</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 99000 99000 99000 <p id="xdx_802_ecustom--EquityTextBlock_zAfJpDpBdm7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>9.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_828_zyuhi07Q9rpc">EQUITY</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On January 24 and March 29, 2023, the Board of Directors approved the creation and issuance of <span id="xdx_906_ecustom--NewSharesIssued_iI_pid_c20230124_zxblC7x9XzO4" title="New shares issued">99,664</span> and <span id="xdx_90D_ecustom--NewSharesIssued_iI_pid_c20230329_zFLgPnIv68Jj" title="New shares issued">76,280</span> new Ordinary shares with a nominal value of one euro each (€1.00), all fully paid up by the capitalization of part of the available reserve of the Company. This issuance was made in accordance with the terms of the invitation letter signed by the beneficiaries of the management incentive plan. Refer to Note 17 for further details of these plans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On January 4, 2024, the Board of Directors approved the creation and issuance of <span id="xdx_904_ecustom--NewSharesIssued_iI_pid_c20240104_ztbDmyRC6isd" title="New shares issued">193,275</span> new Ordinary shares with a nominal value of one euro each (€1.00), all fully paid up by the capitalization of part of the available reserves of the Company. This issuance was made in accordance with the terms of the invitation letter signed by the beneficiaries of the management incentive plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On December 26, 2024, the Board approved the creation and issuance of <span id="xdx_90A_ecustom--NewSharesIssued_iI_pid_c20241226_z8uGnM59f2p6" title="New shares issued">149,639</span> new Ordinary shares with a nominal value of one euro each (€1.00), all fully paid up by the capitalization of part of the available reserves of the Company. The issuance of the shares was not completed until March 13, 2025. Both issuances were made in accordance with the terms of the invitation letters signed by the beneficiaries of the management incentive plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025, the Company had <span id="xdx_909_eifrs-full--NumberOfSharesIssued_iI_pid_c20251231_zE7I4bnguDXe" title="Shares issued">45,640,814</span> shares issued, of which <span id="xdx_901_eifrs-full--NumberOfSharesOutstanding_iI_pid_c20251231_zQbAaRjZiFP5" title="Shares outstanding">45,249,812</span> shares were issued and outstanding, excluding the <span id="xdx_906_ecustom--TresurySharesHeld_iI_pid_c20251231_zo9KueHL93zg" title="Tresury shares held">391,002</span> shares held in treasury, with a nominal value of €1.00 each. As of December 31, 2025, <span id="xdx_908_ecustom--EquityDescription_c20250101__20251231_zZDIRMSxw9r9" title="Equity description">the authorized, but unissued and unsubscribed, capital of Codere Online amounts to 499,481,142 with a nominal value of €1.00 each.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">During the year ended December 31, 2025, the Company repurchased <span id="xdx_90C_ecustom--RepurchaseOfTreasuryShares_pid_c20250101__20251231_zo3bM1QpwvAj" title="Repurchase of treasury shares">391,002</span> treasury shares amounting to €<span id="xdx_90E_ecustom--RepurchaseOfTreasurySharesAmount_pn3n3_c20250101__20251231_zTQ0Tqn6LXmb" title="Repurchase of treasury shares, amount">2,359</span> thousand, fully paid in cash. This was part of the Company’s share repurchase program approved by the Board of Directors, allowing for additional repurchases under the existing authorization, which expires on December 31, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">See the table below for a summary of ownership of the Company’s outstanding ordinary shares as of December 31, 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_888_ecustom--ScheduleOfShareholdersOwnershipTableTextBlock_pn3n3_zIPiihWHfrSd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - EQUITY (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B2_zeGiG5anbLEj" style="display: none">Schedule of shareholder ownership</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percentage</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Ordinary shares held by CNEW</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--OrdinarySharesHeldByCodereNewco_pid_c20250101__20251231_zMGKUJT7tgib" title="Ordinary shares held by Codere Newco">30,000,000</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_ecustom--OrdinarySharesHeldByCodereNewcoPercentage_pid_dp_c20250101__20251231_z9IhzOmrOK18" title="Ordinary shares held by Codere Newco Percentage">66.3</span></td> <td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other shareholders</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--OtherShareholders_pid_c20250101__20251231_zFr4sHI2A1d8" title="Other shareholders">15,249,812</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OtherShareholdersPercentage_pid_dp_c20250101__20251231_z4pv7iHbtn7e" title="Other shareholders Percentage">33.7</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Ordinary shares outstanding</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--OrdinarySharesOutstanding_pid_c20250101__20251231_zjabiSXVYe6h" title="Ordinary shares outstanding">45,249,812</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_904_ecustom--OrdinarySharesOutstandingPercentage_pid_dp_c20250101__20251231_zqFq8i8lStil" title="Ordinary shares outstanding Percentage">100</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Other reserves</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The change in “Other reserves” as of December 31, 2025, amounted to €<span id="xdx_90D_eifrs-full--OtherReserves_iI_pn3n3_c20251231_z8HAUw05NyHc" title="Other reserves">3,519</span> thousand (€<span id="xdx_90A_eifrs-full--OtherReserves_iI_pn3n3_c20241231_zrnwB9saWsKh" title="Other reserves">1,665</span> thousand as of December 31, 2024), mainly due to the fair value adjustment related to the management incentive plans, and the acquisition of treasury shares amounted to €<span id="xdx_901_eifrs-full--TreasuryShares_iI_pn3n3_c20251231_zuQ78UA6rvA5" title="Treasury shares amount">2,359</span> thousand, both described in Note 17.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The employee share-based compensation reserve is used to recognize the value of equity-settled share-based payments provided to employees, including key management personnel, as part of their remuneration. Refer to Note 17 for further details of these plans. During the years ended December 31, 2025 and 2024 the movement of the employee share-based compensation in “Other reserves”, amounted to €<span id="xdx_90A_ecustom--EmployeeSharebasedCompensationInOtherReserves_pn3n3_c20250101__20251231_zDffd9xp9Yg7" title="Employee share-based compensation in Other reserves">6,028</span> thousand and €<span id="xdx_903_ecustom--EmployeeSharebasedCompensationInOtherReserves_pn3n3_c20240101__20241231_zZJLuvGnt1w3" title="Employee share-based compensation in Other reserves">1,858</span> thousand respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b>Equity attributable to non-controlling interest</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span id="xdx_90F_ecustom--EquityAttributableToNoncontrollingInterest_c20250101__20251231_zIhiZSQO9sDg" title="Equity attributable to non-controlling interest description">As of December 31, 2025 and 2024, equity attributable to non-controlling interest amounted to €152 and €149 thousand, respectively. Currently, the only entity that is not 100% controlled by the Company is LIFO AenP (Mexico), in which it has the 99.99% of the ownership.</span></p> 99664 76280 193275 149639 45640814 45249812 391002 the authorized, but unissued and unsubscribed, capital of Codere Online amounts to 499,481,142 with a nominal value of €1.00 each. 391002 2359000 <table cellpadding="0" cellspacing="0" id="xdx_888_ecustom--ScheduleOfShareholdersOwnershipTableTextBlock_pn3n3_zIPiihWHfrSd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - EQUITY (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B2_zeGiG5anbLEj" style="display: none">Schedule of shareholder ownership</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Percentage</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Ordinary shares held by CNEW</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--OrdinarySharesHeldByCodereNewco_pid_c20250101__20251231_zMGKUJT7tgib" title="Ordinary shares held by Codere Newco">30,000,000</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_ecustom--OrdinarySharesHeldByCodereNewcoPercentage_pid_dp_c20250101__20251231_z9IhzOmrOK18" title="Ordinary shares held by Codere Newco Percentage">66.3</span></td> <td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Other shareholders</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--OtherShareholders_pid_c20250101__20251231_zFr4sHI2A1d8" title="Other shareholders">15,249,812</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OtherShareholdersPercentage_pid_dp_c20250101__20251231_z4pv7iHbtn7e" title="Other shareholders Percentage">33.7</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Ordinary shares outstanding</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--OrdinarySharesOutstanding_pid_c20250101__20251231_zjabiSXVYe6h" title="Ordinary shares outstanding">45,249,812</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_904_ecustom--OrdinarySharesOutstandingPercentage_pid_dp_c20250101__20251231_zqFq8i8lStil" title="Ordinary shares outstanding Percentage">100</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">%</td></tr> </table> 30000000 0.663 15249812 0.337 45249812 1 3519000 1665000 2359000 6028000 1858000 As of December 31, 2025 and 2024, equity attributable to non-controlling interest amounted to €152 and €149 thousand, respectively. Currently, the only entity that is not 100% controlled by the Company is LIFO AenP (Mexico), in which it has the 99.99% of the ownership. <p id="xdx_806_ecustom--DisclosureOfBorrowingExplanatory_z5RRxAcuSC8i" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>10.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_829_z9PAfpTyxo2a">BORROWINGS AND NON-CURRENT FINANCIAL LIABILITIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025 and 2024 the breakdown of financial instruments by category is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Current borrowings at amortized cost</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfFinancialLiabilitiesExplanatory_pn3n3_zRY4CdfuEBxc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BORROWINGS AND NON-CURRENT FINANCIAL LIABILITIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B5_zAGOpMxVK8ce" style="display: none">Disclosure of financial liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial liabilities</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_z2Xpechtkv94" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zCPi3yrPB5pg" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_z6Mw5IQM2yU3" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zv7A5rqXfoU7" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zfBmqa42YyD1" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_z9plk0XCnwJb" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Of which:<br/>with related parties (Note 14)</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_90F_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zDbtHWwX90c7" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_909_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zLbnOCzUEnu" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_904_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zm8oWranGITd" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt">Current financial liabilities</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zwwkFpt1pR93" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zc4MvVBzyb0c" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zGCVYxR0vP42" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Other borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zRbtIXFFGrM6" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_z2Kl9N5ecsHi" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zu8KlrhlzBc5" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.25in; font-style: italic; text-align: left; padding-bottom: 1pt">Of which:<br/> with related parties (Note 14)</td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_900_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zjATUoaduf6l" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_90F_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zvJHpeWcxoz1" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_904_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zZMtoQdYVt8l" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td></tr> </table> <p id="xdx_8A7_zGcgWAzg1iwj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Other borrowings correspond to short-term loans, mainly composed of debt with entities from the Codere Group and amounted to €<span id="xdx_90C_eifrs-full--ShorttermBorrowings_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zrlGQ1ethtm8" title="Short-term loans">1,808</span> and €<span id="xdx_903_eifrs-full--ShorttermBorrowings_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_z4Ra8OQ1FoTe" title="Short-term loans">3,365</span> thousand as of December 31, 2025 and 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><span style="text-decoration: underline">Non-current borrowings at amortized cost</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">There were no non-current borrowings accounted for at amortized cost as of December 31, 2025 and December 31, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Financial liabilities associated with financing activities</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The following tables present details regarding the changes in financial liabilities as of December 31, 2025 and 2024 that arose from financial activities:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOtherBorrowingsAssociatedWithFinancingActivitiesTableTextblock_pn3n3_z88r1Zy3spN6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BORROWINGS AND NON-CURRENT FINANCIAL LIABILITIES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top"><span id="xdx_8B7_zmCRCAtpQM3c" style="display: none">Disclosure Other borrowings associated with financing activities</span></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/> 12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cash addition</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related parties debt restructuring</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/> non-cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/> cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Exchange rate<br/> impact</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Changes in<br/> fair value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/> 12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 10%; text-align: left; padding-bottom: 1pt">Other borrowings</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_902_eifrs-full--FinancialLiabilities_iS_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zMKun6HNPhW1" title="Financial liabilities at beginning">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90B_ecustom--CashAddition_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z6h5k6GAngPb" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1761">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zyK30IcR1TBa" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1763">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zH258k9mOv5e" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1765">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90B_ecustom--RelatedPartyCashSettlement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zR0sSq25y2n1" title="Related party cash settlement">(1,557</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_906_ecustom--ForeignExchangeMovement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zzzNNbq3evEl" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1769">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zH1WvDngHhxa" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1771">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_eifrs-full--FinancialLiabilities_iE_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zhNTE8yXpr71" title="Financial liabilities at ending">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_eifrs-full--FinancialLiabilities_iS_pn3n3_c20250101__20251231_zGVhQkFB1GRa" title="Financial liabilities at beginning">3,365</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_ecustom--CashAddition_pn3n3_c20250101__20251231_zYIbPWMCe4kh" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1777">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20250101__20251231_zNtDO2Ygzrg2" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1779">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20250101__20251231_zg0SCJWejli2" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1781">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_902_ecustom--RelatedPartyCashSettlement_pn3n3_c20250101__20251231_zH9lI07gMiXe" title="Related party cash settlement">(1,557</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--ForeignExchangeMovement_pn3n3_c20250101__20251231_zosgf0gVJOok" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1785">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20250101__20251231_zsIoHnejqIJl" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1787">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_902_eifrs-full--FinancialLiabilities_iE_pn3n3_c20250101__20251231_zXRCxnI52tq8" title="Financial liabilities at ending">1,808</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cash addition</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related parties debt restructuring</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/>non-cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/>cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Exchange rate<br/>impact</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Changes in<br/>fair value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 10%; text-align: left; padding-bottom: 1pt">Other borrowings</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90E_eifrs-full--FinancialLiabilities_iS_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zl2JxoLL0mi6" title="Financial liabilities at beginning">5,105</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_ecustom--CashAddition_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zDKNnPxG2Ky4" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1793">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zL3xpfS4uwJ3" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1795">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_901_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z5lJUru5xxTe" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1797">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_903_ecustom--RelatedPartyCashSettlement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zs32h7Kr4Nd9" title="Related party cash settlement">(1,740</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--ForeignExchangeMovement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zXW2SEL0ozw2" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1801">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_909_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zFfookzX7b98" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1803">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_901_eifrs-full--FinancialLiabilities_iE_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z0KFKFhG0ssc" title="Financial liabilities at ending">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--FinancialLiabilities_iS_pn3n3_c20240101__20241231_z5e6pvdHeaBh" title="Financial liabilities at beginning">5,105</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--CashAddition_pn3n3_c20240101__20241231_zZZe35Dybdek" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1809">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20240101__20241231_zgyEi0H31wc6" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1811">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_908_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20240101__20241231_zq2ef3dGREPl" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1813">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--RelatedPartyCashSettlement_pn3n3_c20240101__20241231_zOyyngLTcM23" title="Related party cash settlement">(1,740</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_ecustom--ForeignExchangeMovement_pn3n3_c20240101__20241231_z4zQ9oy7pL6h" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1817">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20240101__20241231_zRBFRzwIw5hf" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1819">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--FinancialLiabilities_iE_pn3n3_c20240101__20241231_z3daEEIWXisf" title="Financial liabilities at ending">3,365</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8AC_z3c9L0eNcrP1" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Other borrowings correspond to short-term loans, mainly composed of debt with entities from the Codere Group, including transactions made by customers through retail sport betting terminals, and amounted to €<span id="xdx_902_ecustom--OtherBorrowingsShorttermLoans_pn3n3_c20250101__20251231_ztBL6c0J0cy3" title="Other borrowings short-term loans">1,808</span> thousand and €<span id="xdx_90B_ecustom--OtherBorrowingsShorttermLoans_pn3n3_c20240101__20241231_zrpKhmt9MMj1" title="Other borrowings short-term loans">3,365</span> thousand as of December 31, 2025 and 2024, respectively.</p> <table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfFinancialLiabilitiesExplanatory_pn3n3_zRY4CdfuEBxc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BORROWINGS AND NON-CURRENT FINANCIAL LIABILITIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B5_zAGOpMxVK8ce" style="display: none">Disclosure of financial liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">12/31/2025</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Current financial liabilities</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_z2Xpechtkv94" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zCPi3yrPB5pg" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_z6Mw5IQM2yU3" title="Current financial liabilities">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zv7A5rqXfoU7" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zfBmqa42YyD1" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--OtherBorrowings_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_z9plk0XCnwJb" title="Other borrowings">1,808</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Of which:<br/>with related parties (Note 14)</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_90F_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zDbtHWwX90c7" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_909_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zLbnOCzUEnu" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i><span id="xdx_904_ecustom--RelatedPartiesNote14_iI_pn3n3_c20251231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zm8oWranGITd" title="Of which: with related parties (Note 14)">1,808</span></i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amortized Cost</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">12/31/2024</td> <td style="font-weight: bold; font-style: italic; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; font-style: italic; text-align: center">Debt Instruments</td> <td style="padding-bottom: 1pt; font-weight: bold; font-style: italic"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Carrying Amount</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; font-weight: bold; text-align: left; padding-bottom: 1pt">Current financial liabilities</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90E_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zwwkFpt1pR93" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zc4MvVBzyb0c" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_900_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zGCVYxR0vP42" title="Current financial liabilities">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Other borrowings</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zRbtIXFFGrM6" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_z2Kl9N5ecsHi" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--OtherBorrowings_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zu8KlrhlzBc5" title="Other borrowings">3,365</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.25in; font-style: italic; text-align: left; padding-bottom: 1pt">Of which:<br/> with related parties (Note 14)</td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_900_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--AmortizedCostMember_zjATUoaduf6l" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_90F_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--CarryingAmountsMember_zvJHpeWcxoz1" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td> <td style="font-style: italic; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-style: italic; text-align: right"><span id="xdx_904_ecustom--RelatedPartiesNote14_iI_pn3n3_c20241231__ifrs-full--TypesOfContractsAxis__custom--FairValueMember_zZMtoQdYVt8l" title="Of which: with related parties (Note 14)">3,365</span></td> <td style="padding-bottom: 1pt; font-style: italic; text-align: left"> </td></tr> </table> 1808000 1808000 1808000 1808000 1808000 1808000 1808000 1808000 1808000 3365000 3365000 3365000 3365000 3365000 3365000 3365000 3365000 3365000 1808000 3365000 <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOtherBorrowingsAssociatedWithFinancingActivitiesTableTextblock_pn3n3_z88r1Zy3spN6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - BORROWINGS AND NON-CURRENT FINANCIAL LIABILITIES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top"><span id="xdx_8B7_zmCRCAtpQM3c" style="display: none">Disclosure Other borrowings associated with financing activities</span></td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; text-align: right"> </td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/> 12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cash addition</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related parties debt restructuring</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/> non-cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/> cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Exchange rate<br/> impact</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Changes in<br/> fair value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/> 12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 10%; text-align: left; padding-bottom: 1pt">Other borrowings</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_902_eifrs-full--FinancialLiabilities_iS_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zMKun6HNPhW1" title="Financial liabilities at beginning">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90B_ecustom--CashAddition_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z6h5k6GAngPb" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1761">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zyK30IcR1TBa" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1763">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zH258k9mOv5e" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1765">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90B_ecustom--RelatedPartyCashSettlement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zR0sSq25y2n1" title="Related party cash settlement">(1,557</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_906_ecustom--ForeignExchangeMovement_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zzzNNbq3evEl" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1769">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zH1WvDngHhxa" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1771">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_eifrs-full--FinancialLiabilities_iE_pn3n3_c20250101__20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zhNTE8yXpr71" title="Financial liabilities at ending">1,808</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_eifrs-full--FinancialLiabilities_iS_pn3n3_c20250101__20251231_zGVhQkFB1GRa" title="Financial liabilities at beginning">3,365</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_ecustom--CashAddition_pn3n3_c20250101__20251231_zYIbPWMCe4kh" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1777">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20250101__20251231_zNtDO2Ygzrg2" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1779">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20250101__20251231_zg0SCJWejli2" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1781">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_902_ecustom--RelatedPartyCashSettlement_pn3n3_c20250101__20251231_zH9lI07gMiXe" title="Related party cash settlement">(1,557</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--ForeignExchangeMovement_pn3n3_c20250101__20251231_zosgf0gVJOok" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1785">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20250101__20251231_zsIoHnejqIJl" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1787">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_902_eifrs-full--FinancialLiabilities_iE_pn3n3_c20250101__20251231_zXRCxnI52tq8" title="Financial liabilities at ending">1,808</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cash addition</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related parties debt restructuring</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/>non-cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Related party<br/>cash settlement</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Exchange rate<br/>impact</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Changes in<br/>fair value</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance at<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 10%; text-align: left; padding-bottom: 1pt">Other borrowings</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90E_eifrs-full--FinancialLiabilities_iS_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zl2JxoLL0mi6" title="Financial liabilities at beginning">5,105</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_908_ecustom--CashAddition_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zDKNnPxG2Ky4" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1793">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_900_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zL3xpfS4uwJ3" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1795">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_901_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z5lJUru5xxTe" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1797">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_903_ecustom--RelatedPartyCashSettlement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zs32h7Kr4Nd9" title="Related party cash settlement">(1,740</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--ForeignExchangeMovement_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zXW2SEL0ozw2" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1801">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_909_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_zFfookzX7b98" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1803">-</span></span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_901_eifrs-full--FinancialLiabilities_iE_pn3n3_c20240101__20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__custom--OtherBorrowingsMember_z0KFKFhG0ssc" title="Financial liabilities at ending">3,365</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--FinancialLiabilities_iS_pn3n3_c20240101__20241231_z5e6pvdHeaBh" title="Financial liabilities at beginning">5,105</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_907_ecustom--CashAddition_pn3n3_c20240101__20241231_zZZe35Dybdek" title="Cash addition"><span style="-sec-ix-hidden: xdx2ixbrl1809">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--RelatedPartiesDebtRestructuring_pn3n3_c20240101__20241231_zgyEi0H31wc6" title="Related parties debt restructuring"><span style="-sec-ix-hidden: xdx2ixbrl1811">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_908_ecustom--RelatedPartyNonCashSettlement_pn3n3_c20240101__20241231_zq2ef3dGREPl" title="Related party non- cash settlement"><span style="-sec-ix-hidden: xdx2ixbrl1813">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--RelatedPartyCashSettlement_pn3n3_c20240101__20241231_zOyyngLTcM23" title="Related party cash settlement">(1,740</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_ecustom--ForeignExchangeMovement_pn3n3_c20240101__20241231_z4zQ9oy7pL6h" title="Foreign exchange movement"><span style="-sec-ix-hidden: xdx2ixbrl1817">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90F_ecustom--FinancialLiabilityAtFairValue_pn3n3_c20240101__20241231_zRBFRzwIw5hf" title="Changes in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1819">-</span></span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_eifrs-full--FinancialLiabilities_iE_pn3n3_c20240101__20241231_z3daEEIWXisf" title="Financial liabilities at ending">3,365</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 3365000 -1557000 1808000 3365000 -1557000 1808000 5105000 -1740000 3365000 5105000 -1740000 3365000 1808000 3365000 <p id="xdx_800_ecustom--DisclosureOfTradePayablesAndOtherCurrentLiabilitiesExplanatory_z79b15czAMrk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>11.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_825_zNiquex8W757">TRADE PAYABLES AND OTHER CURRENT LIABILITIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The composition of trade payables and other current liabilities as of December 31, 2025 and 2024 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DescriptionOfAccountingPolicyForTradeAndOthersPayablesExplanatory_pn3n3_zwCEDscda8M8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE PAYABLES AND OTHER CURRENT LIABILITIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B6_zEJI90p50Wu3" style="display: none">Disclosure of trade payables and other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20251231_zREq7mICCBz2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20241231_zmQgfREYV9s4" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_405_ecustom--TradePayables_iI_pn3n3_zKJ7UovT5Qka" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade payables</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">22,413</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">24,552</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CustomerVirtualWallets_iI_pn3n3_zgiBHhVQ01U1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Customer online wallets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,669</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,697</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--OtherCurrentFinancialLiabilities_iI_pn3n3_zO2DSELTXB9j" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other current liabilities</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,602</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,211</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--Accruals_iI_pn3n3_zqKDz4s3qdP8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accruals</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">850</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">773</td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--WarrantLiability_iI_pn3n3_zQRxPoHDElSg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4,437</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1844">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_zUp0zAt30GLj" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">46,971</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">41,233</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--TradeAndOtherCurrentPayablesDueToRelatedParties_iI_pn3n3_zZHZdAgXGvv2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Of which:<br/>with related parties (Note 14)</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>4,306</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>3,958</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> </table> <p id="xdx_8A4_z2j3ownM1kR1" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The customer online wallets are the net difference between funds deposited by customers, plus winning wagers, less losing wagers and less customers withdrawals.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Accrued salaries include Codere Online’s commitments to its staff under the labor legislation prevailing in each market as well as the labor contingencies recognized in each reporting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025, the warrants were reclassified from non-current liabilities to trade payables and other current liabilities as a result of the warrant’s November 30, 2026 expiration date. As of December 31, 2024, warrants were classified within the non-current financial liabilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The fair value of the warrants was derived from quoted prices (Level 1). The warrants represent rights to purchase Ordinary Shares of Codere Online under pre-established terms. As of December 31, 2025 and 2024, there were 6,435,000 total warrants outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025 and 2024, the market price equaled $<span id="xdx_901_ecustom--WarrantPrice_iI_pid_uUSDPShares_c20251231_zbPNazc92aw7" title="Warrant price">0.81</span> and $<span id="xdx_90B_ecustom--WarrantPrice_iI_pid_uUSDPShares_c20241231_zhr1AEYSOz34" title="Warrant price">0.58</span> per warrant, respectively; therefore, as of December 31, 2025 and 2024, the fair value of the warrant liabilities amounted to €<span id="xdx_90E_ecustom--FairValueOfWarrantLiabilities_iI_pn3n3_dm_c20251231_zgt0GQIFsJMc" title="Fair value of warrant liabilities">4.4</span> million and €<span id="xdx_903_ecustom--FairValueOfWarrantLiabilities_iI_pn3n3_dm_c20241231_zTkjmAbivw1k" title="Fair value of warrant liabilities">3.7</span> million, respectively. The change in fair value of the warrants is reported in the consolidated statements of operations as finance cost amounting to €<span id="xdx_908_ecustom--ChangeInFairValueOfWarrants_pn3n3_dm_c20250101__20251231_z2IV4MQibHSf" title="Change in fair value of the warrants">0.7</span> million and €<span id="xdx_906_ecustom--ChangeInFairValueOfWarrants_pn3n3_dm_c20240101__20241231_zZQJCN0gmhD5" title="Change in fair value of the warrants">3.3</span> million for the years ended December 31, 2025 and 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The details of other current liabilities as of December 31, 2025 and 2024 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfOtherCurrentLiabilitiesExplanatory_pn3n3_zHBa3VcWAZP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE PAYABLES AND OTHER CURRENT LIABILITIES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B4_zEyzIgIBXGZ1" style="display: none">Disclosure of other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20251231_zKFYExkDApwg" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20241231_zcpr6RZXKVs" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_ecustom--AccruedSalaries_iI_pn3n3_zEH85DPEfY4a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Accrued salaries</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">2,094</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,744</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--CurrentTaxLiabilities_iI_pn3n3_z7ZtLKPyPDBi" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current tax liabilities</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,504</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,459</td> <td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--Others_iI_pn3n3_zWBKA9mZm9jb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--OtherCurrentLiabilities_iI_pn3n3_zYpMDSihVw76" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,602</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,211</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DescriptionOfAccountingPolicyForTradeAndOthersPayablesExplanatory_pn3n3_zwCEDscda8M8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE PAYABLES AND OTHER CURRENT LIABILITIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8B6_zEJI90p50Wu3" style="display: none">Disclosure of trade payables and other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20251231_zREq7mICCBz2" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20241231_zmQgfREYV9s4" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_405_ecustom--TradePayables_iI_pn3n3_zKJ7UovT5Qka" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Trade payables</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">22,413</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">24,552</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--CustomerVirtualWallets_iI_pn3n3_zgiBHhVQ01U1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Customer online wallets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,669</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,697</td> <td style="text-align: left"> </td></tr> <tr id="xdx_40E_eifrs-full--OtherCurrentFinancialLiabilities_iI_pn3n3_zO2DSELTXB9j" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other current liabilities</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9,602</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,211</td> <td style="text-align: left"> </td></tr> <tr id="xdx_400_eifrs-full--Accruals_iI_pn3n3_zqKDz4s3qdP8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Accruals</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">850</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">773</td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_eifrs-full--WarrantLiability_iI_pn3n3_zQRxPoHDElSg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4,437</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1844">-</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_40A_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_zUp0zAt30GLj" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">46,971</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">41,233</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--TradeAndOtherCurrentPayablesDueToRelatedParties_iI_pn3n3_zZHZdAgXGvv2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Of which:<br/>with related parties (Note 14)</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>4,306</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>3,958</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> </table> 22413000 24552000 9669000 8697000 9602000 7211000 850000 773000 4437000 46971000 41233000 4306000 3958000 0.81 0.58 4400000 3700000 700000 3300000 <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfOtherCurrentLiabilitiesExplanatory_pn3n3_zHBa3VcWAZP9" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - TRADE PAYABLES AND OTHER CURRENT LIABILITIES (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B4_zEyzIgIBXGZ1" style="display: none">Disclosure of other current liabilities</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20251231_zKFYExkDApwg" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49F_20241231_zcpr6RZXKVs" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_ecustom--AccruedSalaries_iI_pn3n3_zEH85DPEfY4a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Accrued salaries</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">2,094</td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,744</td> <td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eifrs-full--CurrentTaxLiabilities_iI_pn3n3_z7ZtLKPyPDBi" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Current tax liabilities</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,504</td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,459</td> <td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--Others_iI_pn3n3_zWBKA9mZm9jb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">4</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eifrs-full--OtherCurrentLiabilities_iI_pn3n3_zYpMDSihVw76" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,602</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,211</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> 2094000 1744000 7504000 5459000 4000 8000 9602000 7211000 <p id="xdx_80D_eifrs-full--DisclosureOfIncomeTaxExplanatory_zjVFbf5QC0Q5" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>12.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_823_zsDqbJN6jCr">INCOME TAX MATTERS</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Each of the entities included in Codere Online file income taxes according to the tax regulations in force in each country on an individual basis or under consolidation tax regulations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The consolidated income tax has been calculated as an aggregation of income tax expenses of each individual entity. In order to calculate the taxable income of the consolidated entities individually, the accounting profit is adjusted for permanent differences. At each consolidated statements of financial position date, a current tax asset or liability is recorded, representing income taxes currently refundable or payable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Income tax payable is the result of applying the applicable tax rate in force to each tax-paying entity, in accordance with the tax laws in force in the country in which the entity is registered.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On December 15, 2022, the European Council Commission approved Directive 2022/2523 establishing a minimum level of taxation for large national and multinational corporate groups. The objective of this regulation, which is applicable since 2024, is that large corporate groups pay taxes in all jurisdictions in which they operate at a minimum rate of 15%. The Directive has been transposed into the Spanish legal system by Law 7/2024, being its implementation subject to the issuance of further regulation. Likewise, Luxembourg have already implemented the Pillar Two regulations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Since the Codere Group falls within the scope of this new tax, an assessment has been engaged to determine its potential impact. This evaluation, performed by Codere Group based on the latest country-by-country report and 2024 financial data includes consideration of a potential exemption for listed subsidiaries under Pillar Two. Based on the referred assessment we determined that the effective tax rate by jurisdiction exceeds the minimum threshold of 15%. Consequently, there is no obligation to recognize a top-up tax for the fiscal year, nor have any amounts been recorded for this purpose in these financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Furthermore, in accordance with applicable accounting standards, no deferred tax assets or liabilities have been recognized related to the global minimum tax.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Reconciliation of accounting net income/(loss) before taxes to taxable income</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The reconciliation between accounting net income/(loss) before tax and the income tax benefit/(expense) from continuing operations for the fiscal years ended December 31, 2025, 2024, and 2023 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfIncomeTaxBenefitexpense_pn3n3_zGNNCLUXPNB4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX MATTERS (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_ziiZvxUIhqh8" style="display: none">Disclosure of income tax benefit/(expense)</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250101__20251231_zVRR7Utpyn2h" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240101__20241231_zVZ43gIjMsp7" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20230101__20231231_zTauRkSQvvUe" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_ecustom--AccountingNetIncomelossBeforeTax_zeASsWv97eZi" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Accounting net income/(loss) before tax</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>3,312</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>5,372</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>(8,928</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> </tr> <tr id="xdx_40D_ecustom--AtCodereOnlineStatutoryIncomeTaxRate_zQocZEIoT8t6" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">At Codere Online statutory income tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(563</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(913</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,518</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40C_ecustom--TaxEffectOfPreviouslyUnrecognizedTaxLossesAndPermanentDifferences_zwli8enq7fK3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Tax effect of unrecognized tax losses and permanent differences</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(708</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,783</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,119</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_403_ecustom--RecognitionOfPreviouslyUnrecognisedTaxLosses_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Recognition of previously unrecognised tax losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,411</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(854</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">854</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--EffectOfDifferentRatesInDifferentJurisdictions_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Effect of different tax rates in different jurisdictions</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,157</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,478</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">22</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_406_ecustom--IncomeTaxExpensesContinuingOperations_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Income tax benefit/(expense)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,017</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1,462</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>6,513</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Effective tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(61</td> <td style="text-align: left; white-space: nowrap">)%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--EffectiveTaxRate_pid_dp_c20240101__20241231_zAVjmvfotuF6" title="Effective tax rate">(27</span></td> <td style="text-align: left; white-space: nowrap">)%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--EffectiveTaxRate_pid_dp_c20230101__20231231_zbYAsjhY3Sel" title="Effective tax rate">(73</span></td> <td style="text-align: left; white-space: nowrap">)%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Of which -</i></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_407_eifrs-full--CurrentTaxExpenseIncome_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current tax expense</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,482</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,491</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,604</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_40A_ecustom--DeferredTaxBenefitexpense_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax benefit/(expense)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">465</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,029</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,117</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_pn3n3_di_zuTY9UoT283c" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total income tax benefit/(expense)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,017</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1,462</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>6,513</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8A6_zmlY1YhS3348" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Deferred taxes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The deferred tax assets and liabilities relate to the following items:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfDeferredTaxesExplanatory_pn3n3_zVqm3y5Vt4Y3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - INCOME TAX MATTERS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><span id="xdx_8B6_z7JYI9nAPz0e" style="display: none">Schedule of deferred taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-align: center; vertical-align: top"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2023</b></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>Recognized in profit or loss</b></td> <td style="text-align: center; white-space: nowrap"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2024</b></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>Recognized in profit or loss</b></td> <td style="border-bottom: black 1pt solid; text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2025</b></td> <td style="text-align: center; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 40%"><b>Deferred tax asset</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_908_eifrs-full--DeferredTaxLiabilityAsset_iS_pn3n3_c20240101__20241231_zcwpUYVE07E7" title="Deferred tax asset, at beginning">8,178</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 1%"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_901_ecustom--DeferredTaxAssetRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_zKXwqbAVf9s9" title="Deferred tax asset recognized in profit or loss">1,029</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_90D_eifrs-full--DeferredTaxLiabilityAsset_iS_pn3n3_c20250101__20251231_z9un0MrLTnre" title="Deferred tax asset, at beginning">9,207</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 1%"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_905_ecustom--DeferredTaxAssetRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_zBQ25hG1IKWg" title="Deferred tax asset recognized in profit or loss">1,733</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_904_eifrs-full--DeferredTaxLiabilityAsset_iE_pn3n3_c20250101__20251231_zGO3BlNB116f" title="Deferred tax asset, at ending">10,940</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Limitation on deductibility of Spanish CIT</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iS_pn3n3_c20240101__20241231_zLjU8F1fIAAi" title="Limitation on deductibility of Spanish CIT, at beginning">5,986</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCit_pn3n3_c20240101__20241231_ziezlD0ysIv4" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">1,100</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iS_pn3n3_c20250101__20251231_zgInCBIkxTW1" title="Limitation on deductibility of Spanish CIT, at beginning">7,086</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCit_pn3n3_c20250101__20251231_zMaM6uRUaSY7" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">964</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iI_pn3n3_c20251231_z8B05Gpzi7Pi" title="Deferred tax assets limitation on deductibilities of Spanish CIT, at ending">8,050</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Limitation on deductibility of Spanish CIT – reversals</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iS_pn3n3_c20240101__20241231_zXJUJq6eAh0g" title="Deferred tax assets limitation on deductibility of Spanish CIT, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1946">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCits_pn3n3_c20240101__20241231_z64du35yQkZc" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">(642</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iS_pn3n3_c20250101__20251231_zYoCJRbsSL4f" title="Deferred tax assets limitation on deductibility of Spanish CIT, at beginning">(643</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCits_pn3n3_c20250101__20251231_zpUJ87b1rXdd" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">(699</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iE_pn3n3_c20250101__20251231_znO13OJ5E9G1" title="Deferred tax assets limitation on deductibilities of Spanish CIT, at ending">(1,341</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Tax losses carried forward</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iS_pn3n3_c20240101__20241231_zX9jtbQsEvab" title="Deferred tax assets tax losses carried forward, at beginning">854</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--DeferredTaxAssetTaxLossesCarriedForwardRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_znnNJuWcYRec" title="Deferred tax asset tax losses carried forward recognized in profit or loss">(854</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iS_pn3n3_c20250101__20251231_zaSzY3CvcgZ5" title="Deferred tax assets tax losses carried forward, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1960">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--DeferredTaxAssetTaxLossesCarriedForwardRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_z5tlvwchOlNh" title="Deferred tax asset tax losses carried forward recognized in profit or loss">1,411</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iE_pn3n3_c20250101__20251231_za9mLQn3j2sb" title="Deferred tax assets tax losses carried forward, at ending">1,411</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Financial expenses deductibility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iS_pn3n3_c20240101__20241231_zZzpBf7xtRn7" title="Deferred tax financial expenses deductibility, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1966">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetFinancialExpensesDeductibilityInProfitOrLoss_pn3n3_c20240101__20241231_zM3cn2fi9CF2" title="Deferred tax asset financial expenses deductibility in profit or loss">925</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iS_pn3n3_c20250101__20251231_z6cVqgbt1Asf" title="Deferred tax financial expenses deductibility, at beginning">925</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetFinancialExpensesDeductibilityInProfitOrLoss_pn3n3_c20250101__20251231_zDrSwmgdSfWc" title="Deferred tax asset financial expenses deductibility in profit or loss">(925</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iE_pn3n3_c20250101__20251231_zr9oakccBbg5" title="Deferred tax financial expenses deductibility, at ending"><span style="-sec-ix-hidden: xdx2ixbrl1974">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Share-based payments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetSharebasedPayments_iS_pn3n3_c20240101__20241231_zJz3VwRQTshd" title="Deferred tax asset share-based payments, at beginning">1,338</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--DeferredTaxAssetSharebasedPaymentsRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_zBt6qnrAJXNb" title="Deferred tax asset share-based payments recognized in profit or loss">500</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetSharebasedPayments_iS_pn3n3_c20250101__20251231_zOyk7L6FNt9e" title="Deferred tax asset share-based payments, at beginning">1,838</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--DeferredTaxAssetSharebasedPaymentsRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_znnloIHhYwnb" title="Deferred tax asset share-based payments recognized in profit or loss">1,459</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetSharebasedPayments_iE_pn3n3_c20250101__20251231_zJZZx8sWAiYj" title="Deferred tax asset share-based payments, at ending">3,297</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Share-based payments – vested shares </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="color: rgb(204,238,255)"><span id="xdx_90E_ecustom--SharebasedPaymentsVestedShares_iS_pn3n3_c20250101__20251231_zPSwQgv388p6" title="Share-based payments - vested shares, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1986">-</span></span></span> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--SharebasedPaymentsVestedSharesInProfitOrLoss_pn3n3_c20250101__20251231_zdzoDwY4qRE7" title="Share-based payments - vested shares in profit or loss">(477</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--SharebasedPaymentsVestedShares_iE_pn3n3_c20250101__20251231_zg6wy7A1kN66" title="Share-based payments - vested shares, at ending">(477</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><b>Deferred tax liabilities</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_909_eifrs-full--DeferredTaxLiabilities_iNS_pn3n3_di_c20240101__20241231_zfNis0YGnpG6" title="Deferred tax liability, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1992">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><b><span id="xdx_90C_ecustom--DeferredTaxLiabilitiesRecognizedInProfitOrLoss_iN_pn3n3_di_c20240101__20241231_zpOrSc9o9fc1" title="Deferred tax liabilities recognized in profit or loss"><span style="-sec-ix-hidden: xdx2ixbrl1994">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_908_eifrs-full--DeferredTaxLiabilities_iNS_pn3n3_di_c20250101__20251231_zz3ZPJgGRpre" title="Deferred tax liability, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1996">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--DeferredTaxLiabilitiesRecognizedInProfitOrLoss_iN_pn3n3_di_c20250101__20251231_zu1JXrnJxt1j"><b>(1,268</b></span></td> <td style="text-align: left; white-space: nowrap"><b>)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--DeferredTaxLiabilities_iNE_pn3n3_di_c20250101__20251231_zLRhV0Fngibi"><b>(1,268</b></span></td> <td style="text-align: left; white-space: nowrap"><b>)</b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Interest receivable</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90C_ecustom--DeferredTaxAssetExchangeDifferences_iS_pn3n3_c20240101__20241231_z9Hbmujnjkwf" title="Deferred tax asset exchange differences, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2000">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--RecognizedInProfitOrLossExchangeDifferences_pn3n3_c20240101__20241231_zoY2kbrgXYO3" title="Recognized in profit or loss exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2002">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetExchangeDifferences_iS_pn3n3_c20250101__20251231_zkfxFQsbGvc" title="Deferred tax asset exchange differences, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2004">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--RecognizedInProfitOrLossExchangeDifferences_pn3n3_c20250101__20251231_zSxGUJZXfhq8" title="Recognized in profit or loss exchange differences">(1,268</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--DeferredTaxAssetExchangeDifferencesEnding_iE_pn3n3_c20250101__20251231_zirr3ZqLVi7b" title="Deferred tax asset exchange differences, at ending">(1,268</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> </table> <p id="xdx_8A6_ztz7y1Hxci7a" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The deferred tax assets as of December 31, 2025 and December 31, 2024, primarily relate to the temporary measures for 2023, 2024, and 2025, regarding the determination of the taxable base under the tax consolidation regime in Spain.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The deferred tax liability recognized as of December 31, 2025, related to accrued interest receivable on an intercompany loan for the fiscal years ended December 31, 2025, 2024, and 2023. CIT tax rate in the United States is 21%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As shown in the table below, the Group has generated net losses which can be offset against future taxable profits. For Spain, there is no limit to utilize these losses in time. In all other jurisdictions mentioned, the carry forward period is measured from the year in which the loss was incurred and is limited to 10 years in Mexico (Article 57 LISR), 12 years in Colombia (Article 147 of the Colombian Tax Code), and 17 years in Luxembourg (Article 114 LIR).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfFutureProfits_pn3n3_zfE1LiPtvBtb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX MATTERS (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in"><span id="xdx_8B2_zl1bDhTDZMec" style="display: none">Disclosure of future profits</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Entity</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total as of<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total as of<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 76%; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">SEJO</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90C_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--SEJOMember_zUFIwA2TOQod" title="Total">20,523</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--SEJOMember_zONAD9fZntRa" title="Total">22,865</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">LIFO AenP (Mexico)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LIFOAenPMexicoMember_zImNh3bh6zYh" title="Total">22,774</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LIFOAenPMexicoMember_zVTt9MHmN7Sf" title="Total">34,072</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Codere Online Colombia</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineColombiaMember_zQ5mtLlR4mfg" title="Total">5,692</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineColombiaMember_zFGqNmgDuKy1" title="Total">6,368</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Codere Online Luxembourg</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineLuxembourgMember_zt5Ggx05aL1b" title="Total">249,308</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineLuxembourgMember_zfKPO1KKHg4a" title="Total">242,564</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfIncomeTaxBenefitexpense_pn3n3_zGNNCLUXPNB4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX MATTERS (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B9_ziiZvxUIhqh8" style="display: none">Disclosure of income tax benefit/(expense)</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20250101__20251231_zVRR7Utpyn2h" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20240101__20241231_zVZ43gIjMsp7" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49A_20230101__20231231_zTauRkSQvvUe" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40C_ecustom--AccountingNetIncomelossBeforeTax_zeASsWv97eZi" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Accounting net income/(loss) before tax</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>3,312</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>5,372</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b>(8,928</b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> </tr> <tr id="xdx_40D_ecustom--AtCodereOnlineStatutoryIncomeTaxRate_zQocZEIoT8t6" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">At Codere Online statutory income tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(563</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(913</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,518</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40C_ecustom--TaxEffectOfPreviouslyUnrecognizedTaxLossesAndPermanentDifferences_zwli8enq7fK3" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Tax effect of unrecognized tax losses and permanent differences</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(708</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">2,783</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">4,119</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_403_ecustom--RecognitionOfPreviouslyUnrecognisedTaxLosses_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Recognition of previously unrecognised tax losses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,411</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(854</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">854</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--EffectOfDifferentRatesInDifferentJurisdictions_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Effect of different tax rates in different jurisdictions</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,157</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(2,478</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">22</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_406_ecustom--IncomeTaxExpensesContinuingOperations_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Income tax benefit/(expense)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,017</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1,462</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>6,513</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Effective tax rate</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(61</td> <td style="text-align: left; white-space: nowrap">)%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--EffectiveTaxRate_pid_dp_c20240101__20241231_zAVjmvfotuF6" title="Effective tax rate">(27</span></td> <td style="text-align: left; white-space: nowrap">)%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--EffectiveTaxRate_pid_dp_c20230101__20231231_zbYAsjhY3Sel" title="Effective tax rate">(73</span></td> <td style="text-align: left; white-space: nowrap">)%</td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Of which -</i></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">-</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_407_eifrs-full--CurrentTaxExpenseIncome_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Current tax expense</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,482</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(2,491</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,604</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_40A_ecustom--DeferredTaxBenefitexpense_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Deferred tax benefit/(expense)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">465</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">1,029</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">8,117</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_pn3n3_di_zuTY9UoT283c" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total income tax benefit/(expense)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,017</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(1,462</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>6,513</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 3312000 5372000 -8928000 -563000 -913000 1518000 -708000 2783000 4119000 1411000 -854000 854000 -2157000 -2478000 22000 -2017000 -1462000 6513000 -0.27 -0.73 -2482000 -2491000 -1604000 465000 1029000 8117000 2017000 1462000 -6513000 <table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfDeferredTaxesExplanatory_pn3n3_zVqm3y5Vt4Y3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - INCOME TAX MATTERS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><span id="xdx_8B6_z7JYI9nAPz0e" style="display: none">Schedule of deferred taxes</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-align: center; vertical-align: top"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2023</b></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>Recognized in profit or loss</b></td> <td style="text-align: center; white-space: nowrap"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2024</b></td> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>Recognized in profit or loss</b></td> <td style="border-bottom: black 1pt solid; text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><b>12/31/2025</b></td> <td style="text-align: center; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 40%"><b>Deferred tax asset</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_908_eifrs-full--DeferredTaxLiabilityAsset_iS_pn3n3_c20240101__20241231_zcwpUYVE07E7" title="Deferred tax asset, at beginning">8,178</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 1%"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_901_ecustom--DeferredTaxAssetRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_zKXwqbAVf9s9" title="Deferred tax asset recognized in profit or loss">1,029</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_90D_eifrs-full--DeferredTaxLiabilityAsset_iS_pn3n3_c20250101__20251231_z9un0MrLTnre" title="Deferred tax asset, at beginning">9,207</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 1%"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_905_ecustom--DeferredTaxAssetRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_zBQ25hG1IKWg" title="Deferred tax asset recognized in profit or loss">1,733</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><b><span id="xdx_904_eifrs-full--DeferredTaxLiabilityAsset_iE_pn3n3_c20250101__20251231_zGO3BlNB116f" title="Deferred tax asset, at ending">10,940</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Limitation on deductibility of Spanish CIT</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iS_pn3n3_c20240101__20241231_zLjU8F1fIAAi" title="Limitation on deductibility of Spanish CIT, at beginning">5,986</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCit_pn3n3_c20240101__20241231_ziezlD0ysIv4" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">1,100</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iS_pn3n3_c20250101__20251231_zgInCBIkxTW1" title="Limitation on deductibility of Spanish CIT, at beginning">7,086</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCit_pn3n3_c20250101__20251231_zMaM6uRUaSY7" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">964</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCit_iI_pn3n3_c20251231_z8B05Gpzi7Pi" title="Deferred tax assets limitation on deductibilities of Spanish CIT, at ending">8,050</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Limitation on deductibility of Spanish CIT – reversals</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iS_pn3n3_c20240101__20241231_zXJUJq6eAh0g" title="Deferred tax assets limitation on deductibility of Spanish CIT, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1946">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCits_pn3n3_c20240101__20241231_z64du35yQkZc" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">(642</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iS_pn3n3_c20250101__20251231_zYoCJRbsSL4f" title="Deferred tax assets limitation on deductibility of Spanish CIT, at beginning">(643</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--RecognizedInProfitOrLossLimitationOnDeductibilityOfSpanishCits_pn3n3_c20250101__20251231_zpUJ87b1rXdd" title="Recognized in profit or loss limitation on deductibility of Spanish CIT">(699</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--DeferredTaxAssetsLimitationOnDeductibilityOfSpanishCits_iE_pn3n3_c20250101__20251231_znO13OJ5E9G1" title="Deferred tax assets limitation on deductibilities of Spanish CIT, at ending">(1,341</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Tax losses carried forward</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iS_pn3n3_c20240101__20241231_zX9jtbQsEvab" title="Deferred tax assets tax losses carried forward, at beginning">854</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--DeferredTaxAssetTaxLossesCarriedForwardRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_znnNJuWcYRec" title="Deferred tax asset tax losses carried forward recognized in profit or loss">(854</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iS_pn3n3_c20250101__20251231_zaSzY3CvcgZ5" title="Deferred tax assets tax losses carried forward, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1960">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--DeferredTaxAssetTaxLossesCarriedForwardRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_z5tlvwchOlNh" title="Deferred tax asset tax losses carried forward recognized in profit or loss">1,411</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--DeferredTaxAssetsTaxLossesCarriedForward_iE_pn3n3_c20250101__20251231_za9mLQn3j2sb" title="Deferred tax assets tax losses carried forward, at ending">1,411</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Financial expenses deductibility</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iS_pn3n3_c20240101__20241231_zZzpBf7xtRn7" title="Deferred tax financial expenses deductibility, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1966">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetFinancialExpensesDeductibilityInProfitOrLoss_pn3n3_c20240101__20241231_zM3cn2fi9CF2" title="Deferred tax asset financial expenses deductibility in profit or loss">925</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iS_pn3n3_c20250101__20251231_z6cVqgbt1Asf" title="Deferred tax financial expenses deductibility, at beginning">925</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetFinancialExpensesDeductibilityInProfitOrLoss_pn3n3_c20250101__20251231_zDrSwmgdSfWc" title="Deferred tax asset financial expenses deductibility in profit or loss">(925</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxFinancialExpensesDeductibilityAtBeginning_iE_pn3n3_c20250101__20251231_zr9oakccBbg5" title="Deferred tax financial expenses deductibility, at ending"><span style="-sec-ix-hidden: xdx2ixbrl1974">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Share-based payments</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--DeferredTaxAssetSharebasedPayments_iS_pn3n3_c20240101__20241231_zJz3VwRQTshd" title="Deferred tax asset share-based payments, at beginning">1,338</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--DeferredTaxAssetSharebasedPaymentsRecognizedInProfitOrLoss_pn3n3_c20240101__20241231_zBt6qnrAJXNb" title="Deferred tax asset share-based payments recognized in profit or loss">500</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--DeferredTaxAssetSharebasedPayments_iS_pn3n3_c20250101__20251231_zOyk7L6FNt9e" title="Deferred tax asset share-based payments, at beginning">1,838</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--DeferredTaxAssetSharebasedPaymentsRecognizedInProfitOrLoss_pn3n3_c20250101__20251231_znnloIHhYwnb" title="Deferred tax asset share-based payments recognized in profit or loss">1,459</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetSharebasedPayments_iE_pn3n3_c20250101__20251231_zJZZx8sWAiYj" title="Deferred tax asset share-based payments, at ending">3,297</span></td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Share-based payments – vested shares </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="color: rgb(204,238,255)"><span id="xdx_90E_ecustom--SharebasedPaymentsVestedShares_iS_pn3n3_c20250101__20251231_zPSwQgv388p6" title="Share-based payments - vested shares, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1986">-</span></span></span> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--SharebasedPaymentsVestedSharesInProfitOrLoss_pn3n3_c20250101__20251231_zdzoDwY4qRE7" title="Share-based payments - vested shares in profit or loss">(477</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--SharebasedPaymentsVestedShares_iE_pn3n3_c20250101__20251231_zg6wy7A1kN66" title="Share-based payments - vested shares, at ending">(477</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><b>Deferred tax liabilities</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_909_eifrs-full--DeferredTaxLiabilities_iNS_pn3n3_di_c20240101__20241231_zfNis0YGnpG6" title="Deferred tax liability, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1992">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><b><span id="xdx_90C_ecustom--DeferredTaxLiabilitiesRecognizedInProfitOrLoss_iN_pn3n3_di_c20240101__20241231_zpOrSc9o9fc1" title="Deferred tax liabilities recognized in profit or loss"><span style="-sec-ix-hidden: xdx2ixbrl1994">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_908_eifrs-full--DeferredTaxLiabilities_iNS_pn3n3_di_c20250101__20251231_zz3ZPJgGRpre" title="Deferred tax liability, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl1996">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--DeferredTaxLiabilitiesRecognizedInProfitOrLoss_iN_pn3n3_di_c20250101__20251231_zu1JXrnJxt1j"><b>(1,268</b></span></td> <td style="text-align: left; white-space: nowrap"><b>)</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--DeferredTaxLiabilities_iNE_pn3n3_di_c20250101__20251231_zLRhV0Fngibi"><b>(1,268</b></span></td> <td style="text-align: left; white-space: nowrap"><b>)</b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Interest receivable</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><b><span id="xdx_90C_ecustom--DeferredTaxAssetExchangeDifferences_iS_pn3n3_c20240101__20241231_z9Hbmujnjkwf" title="Deferred tax asset exchange differences, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2000">-</span></span></b></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--RecognizedInProfitOrLossExchangeDifferences_pn3n3_c20240101__20241231_zoY2kbrgXYO3" title="Recognized in profit or loss exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2002">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--DeferredTaxAssetExchangeDifferences_iS_pn3n3_c20250101__20251231_zkfxFQsbGvc" title="Deferred tax asset exchange differences, at beginning"><span style="-sec-ix-hidden: xdx2ixbrl2004">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left; vertical-align: top"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--RecognizedInProfitOrLossExchangeDifferences_pn3n3_c20250101__20251231_zSxGUJZXfhq8" title="Recognized in profit or loss exchange differences">(1,268</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--DeferredTaxAssetExchangeDifferencesEnding_iE_pn3n3_c20250101__20251231_zirr3ZqLVi7b" title="Deferred tax asset exchange differences, at ending">(1,268</span></td> <td style="text-align: left; white-space: nowrap">)</td></tr> </table> 8178000 1029000 9207000 1733000 10940000 5986000 1100000 7086000 964000 8050000 -642000 -643000 -699000 -1341000 854000 -854000 1411000 1411000 925000 925000 -925000 1338000 500000 1838000 1459000 3297000 -477000 -477000 1268000 1268000 -1268000 -1268000 <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfFutureProfits_pn3n3_zfE1LiPtvBtb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - INCOME TAX MATTERS (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in"><span id="xdx_8B2_zl1bDhTDZMec" style="display: none">Disclosure of future profits</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Entity</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total as of<br/>12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total as of<br/>12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 76%; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">SEJO</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_90C_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--SEJOMember_zUFIwA2TOQod" title="Total">20,523</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--SEJOMember_zONAD9fZntRa" title="Total">22,865</span></td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">LIFO AenP (Mexico)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LIFOAenPMexicoMember_zImNh3bh6zYh" title="Total">22,774</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LIFOAenPMexicoMember_zVTt9MHmN7Sf" title="Total">34,072</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Codere Online Colombia</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineColombiaMember_zQ5mtLlR4mfg" title="Total">5,692</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineColombiaMember_zFGqNmgDuKy1" title="Total">6,368</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Codere Online Luxembourg</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineLuxembourgMember_zt5Ggx05aL1b" title="Total">249,308</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--TaxNetlossesAtCurrentYear_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOnlineLuxembourgMember_zfKPO1KKHg4a" title="Total">242,564</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 20523000 22865000 22774000 34072000 5692000 6368000 249308000 242564000 <p id="xdx_80A_eifrs-full--DisclosureOfRevenueExplanatory_zEDRCcvyCeO5" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in; text-align: justify"><b>13.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_829_zVK0Rs4vqqG1">REVENUE AND EXPENSES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Revenue</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of Codere Online’s revenues for the years ended December 31, 2025, 2024, and 2023 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfGroupsRevenues_pn3n3_zs627hmfZcnh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B4_zZ9G1XI9nTjh" style="display: none">Disclosure of groups revenues</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Online sports betting</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_z0ZuxLqEp2S1" title="Total">78,866</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_zJ4oJy9dynZk" title="Total">83,408</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_zOJNhuo6aCAg" title="Total">72,176</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Online casino wagering</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zzQNLVXVh8V9" title="Total">131,007</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zfyHhY4D5AF5" title="Total">117,245</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zd6hfE7uMdLd" title="Total">89,461</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_zB7LtywVWdoe" title="Total">534</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_z4HzVc3q1Qrc" title="Total">51</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_z2vuPhHSDhWk" title="Total">10</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20250101__20251231_zp6TkWy2uVE4" title="Total">210,407</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231_zE0KxlcaZ78k" title="Total">200,704</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_904_eifrs-full--Revenue_pn3n3_c20230101__20231231_z2y11nI1u4wf" title="Total">161,647</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8AD_zBqjFe7Ck8Gl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">No customer contributed more than 10% of revenue for the years ended December 31, 2025, 2024, and 2023. “Others” for the 2025 period include €<span id="xdx_909_eifrs-full--OtherRevenue_pn3n3_c20250101__20251231_zb9HNTLVrFye" title="Other revenue">534</span> thousand, of which €<span id="xdx_904_eifrs-full--OtherRevenue_pn3n3_c20240101__20241231_z1JuNJG3JVk" title="Other revenue">489</span> thousand relates to revenue recognized in connection with customer online wallet balances deemed inactive and written off pursuant to applicable regulatory requirements in each jurisdiction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Additionally, the distribution of sales by geographical market during the reporting periods is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureOfGeographicalRevenue_pn3n3_ztA846Cb3nQh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BC_zBTzlg8XukP7" style="display: none">Disclosure of geographical revenue</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Spain</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zGWLKbid4zf1" title="Total">90,533</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zBRFvuiQJfua" title="Total">87,778</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zDJLyxTLszRg" title="Total">75,669</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zy4zq2xlsbCi" title="Total">107,221</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zlQFphiOZpJ8" title="Total">95,699</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zL1LIM3RtEX2" title="Total">73,315</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_zXWi3tu8F1u4" title="Total">12,653</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_ztKm7ntvLe1d" title="Total">17,227</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_zK9xa3xRjBw6" title="Total">10,302</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90F_eifrs-full--Revenue_pn3n3_c20250101__20251231_zXfzVCG7azQl" title="Total">210,407</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20240101__20241231_zD3APwbi1rli" title="Total">200,704</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_903_eifrs-full--Revenue_pn3n3_c20230101__20231231_z8OrBMII9ho6" title="Total">161,647</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8A5_z2cGtArkiEM4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Personnel expenses</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The heading personnel expenses for the 2025, 2024, and 2023 periods include expenses for wages, salaries, long term incentive plans, benefits (and other similar concepts) and social security and other social contributions expenses payable by Codere Online.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosurePersonnelExpenses_pn3n3_zGnSQ0cH5COf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zGeViek4Av0f" style="display: none">Disclosure personnel expenses</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Wages, salaries and similar</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eifrs-full--WagesAndSalaries_pn3n3_c20250101__20251231_zGgCCVYQuwl" title="Wages, salaries and similar">13,304</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eifrs-full--WagesAndSalaries_pn3n3_c20240101__20241231_zKK8UCBMV30a" title="Wages, salaries and similar">11,671</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--WagesAndSalaries_pn3n3_c20230101__20231231_z0rQzfa4HcY5" title="Wages, salaries and similar">11,374</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Social security contributions payable by Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20250101__20251231_zhJYFjzVqQEh" title="Social security contributions payable by Codere Online">1,921</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20240101__20241231_zSjcwAVaHTEj" title="Social security contributions payable by Codere Online">1,673</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20230101__20231231_zg4oQjA4AdTk" title="Social security contributions payable by Codere Online">1,239</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other social contributions</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--OtherSocialContributions_pn3n3_c20250101__20251231_z6DwtPDJzYLd" title="Other social contributions">9,779</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OtherSocialContributions_pn3n3_c20240101__20241231_zPUS34Gggnzg" title="Other social contributions">5,440</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_ecustom--OtherSocialContributions_pn3n3_c20230101__20231231_zofwopU89gZ7" title="Other social contributions">4,824</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90F_ecustom--PersonnelExpenses_pn3n3_c20250101__20251231_zeD9o30XdT4d" title="Total">25,004</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90A_ecustom--PersonnelExpenses_pn3n3_c20240101__20241231_zckv0eFZXIM6" title="Total">18,784</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_901_ecustom--PersonnelExpenses_pn3n3_c20230101__20231231_zAFuAalNaY5d" title="Total">17,437</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8A9_zL3nGq41kkIb" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Other social contribution includes those expenses resulting from the LTIP executive bonus. For the years ended December 31, 2025, 2024 and 2023, it amounted to €6,028 thousand, €1,858 thousand, and €2,246 thousand, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Depreciation and amortization</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of depreciation and amortization for the years ended December 31, 2025, 2024, and 2023 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_pn3n3_zuJyK3olZ1wk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B0_zoTFeL8544pe" style="display: none">Disclosure of depreciation and amortization</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Depreciation of property, plant and equipment (Note 5)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20250101__20251231_fKg_____zDeaooKGPbm4" title="Depreciation of property, plant and equipment (Note 5)">121</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">*</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20240101__20241231_zLFDcviOCYrh" title="Depreciation of property, plant and equipment (Note 5)">136</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20230101__20231231_zO8bLqIZPxDl" title="Depreciation of property, plant and equipment (Note 5)">114</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Amortization of intangible assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20250101__20251231_zyugrgMW0yeg" title="Amortization of intangible assets"><span style="-sec-ix-hidden: xdx2ixbrl2121">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20240101__20241231_z8c0rD4Uqqnh" title="Amortization of intangible assets">10</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20230101__20231231_zabFCevlzVJc" title="Amortization of intangible assets"><span style="-sec-ix-hidden: xdx2ixbrl2125">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Amortization of right-of-use assets (Note 6)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20250101__20251231_zjSGpBivsKsa" title="Amortization of right-of-use assets (Note 6)">524</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">*</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20240101__20241231_zFFCJA7Sghvl" title="Amortization of right-of-use assets (Note 6)">242</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20230101__20231231_z3Tlp5vxVal4" title="Amortization of right-of-use assets (Note 6)"><span style="-sec-ix-hidden: xdx2ixbrl2131">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90A_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20250101__20251231_zW6yfvnJyaw8" title="Total">645</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20240101__20241231_zYXNtbHWKqJc" title="Total">388</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_900_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20230101__20231231_zRb6DpNUvKk4" title="Total">114</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F07_z8flyRo3uaUf" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F13_zI001ykaOOkl" style="text-align: justify">The difference between the amounts presented herein and the depreciation expense disclosed in Note 5 and the amortization expense in Note 6 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> <p id="xdx_8AD_zVoJEeWQHwQ4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The depreciation and amortization increase is mainly due to the two new leases in Colombia and Israel mentioned in Note 6.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Other operating expenses</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of other operating expenses for the years ended December 31, 2025, 2024, and 2023 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_pn3n3_zITc3OLDasK8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zrMOm2Ye3QLg" style="display: none">Disclosure of other operating expenses</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250101__20251231_zaSjpZpi5CG7" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231_zgfrGYOJntvl" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20230101__20231231_zOJnuzA1Cg97" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_ecustom--GamingTaxes_zOSGqJdCfts8" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Gaming taxes</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">21,294</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">19,863</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">16,281</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_407_ecustom--Leases_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leases</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">32</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">234</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">528</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_409_ecustom--UtilitiesRepairsAndMaintenance_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Utilities, repairs and maintenance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,164</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,060</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,432</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--ProfessionalServicesAndOtherExpenses_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Professional services and other expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62,709</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62,957</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">59,203</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_400_ecustom--CasinoLicenseRoyalties_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Casino license royalties</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,325</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,732</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,279</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40D_eifrs-full--SalesAndMarketingExpense_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Marketing expenses</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">85,496</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">85,355</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">75,127</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40D_ecustom--OtherOperatingExpensesAmount_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>179,020</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>177,201</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>158,850</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8AA_zJnchuYVCVNi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes lease payments as an operating expense on a straight-line basis over the term of the lease for the short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Professional services and other expenses in 2025, 2024, and 2023 mainly include: (i) Platform services; (ii) external providers for some of our sports odds; (iii) payment processing which allows our customers to deposit and withdraw using platforms and (iv) streaming services contracted to external parties offered to our customers as a complement to our sports betting offer. Additionally, this also includes certain other expenses, such as those relating to marketing and customer relationship management (CRM) tools.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Finance income/(cost), net</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The breakdown of finance income/(cost), net for the years ended December 31, 2025, 2024, and 2023 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--FinanceIncomeCostTableTextBlock_pn3n3_zCDxMutciTk7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B7_zb3SCHITgZWe" style="display: none">Disclosure of finance income cost</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250101__20251231_zZvJmKbVHHSc" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231_zkquT3vtaYLf" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20230101__20231231_zisJKRIedNUc" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eifrs-full--InterestRevenueExpense_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance income/(cost), net</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">342</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">603</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,815</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_406_ecustom--ExchangeRateImpact_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Exchange rate impact</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(5,027</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(6,519</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,618</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_401_ecustom--ArgentinaHyperinflationImpact_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Argentina Hyperinflation Impact</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,249</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,990</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,292</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_400_ecustom--DecreaseincreaseInFairValueOfPublicWarrants_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Decrease/(Increase) in Fair Value of Public Warrants (Note 11)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(719</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3,310</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">890</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--LeaseFinanceInterestUnderIfrs_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Lease finance interest under IFRS 16 (Note 6)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(188</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(105</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2191">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40F_ecustom--ShortTermInvestmentGain_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Short term investment gain</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">25</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,382</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,020</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40C_eifrs-full--TradingIncomeExpenseOnDebtInstruments_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Related parties debt restructuring</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2197">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2198">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,573</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_404_eifrs-full--OtherIncome_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(108</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2202">-</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2203">-</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_405_eifrs-full--FinanceIncomeCost_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,426</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>1,041</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>5,826</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8A0_zMMJyQD03sY7" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Finance income/(cost), net for the years ended December 31, 2025, 2024, and 2023 includes both realized and unrealized foreign exchange gains/(losses) that have been created due to the fluctuation of the exchange rates between the euro and the other currencies, mainly the Mexican peso, the Colombian peso, Argentine peso and the Panamanian balboa, that Codere Online uses in its operations as well as interest income related to Codere Online’s outstanding borrowings to related parties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Earnings per share</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Basic earnings per share amounts are calculated by dividing (a) the net income/(loss) for the year attributable to equity holders of the Company by (b) the weighted average number of ordinary shares outstanding during the year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Diluted earnings per share amounts are calculated by dividing the net income/(loss) for the year attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares, if any. Warrants and stock options throughout 2025, 2024, and 2023 were antidilutive because their exercise prices were below the share price of the Company. In accordance with IAS 33, antidilutive potential ordinary shares, those that would increase earnings per share or decrease the loss per share if included, are disregarded in the calculation of diluted earnings per share. This is due to Codere Online reporting net loss for the year ended December 31, 2023, which results in all such instruments being considered anti-dilutive. For the years ended December 31, 2025 and 2024, the Company reported a net profit and evaluated all applicable dilutive instruments. As a result, for the years ended December 31, 2025 and 2024, 392,521 and 586,120 restricted shares have been included in the diluted earnings per share calculation for the years ended December 31, 2025 and 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2025, the Company had <span id="xdx_90B_eifrs-full--NumberOfSharesIssued_iI_pid_c20251231_zwAId5jJfJak" title="Share, issued">45,640,814</span> issued shares. Of these, 391,002 shares correspond to treasury shares repurchased under the buyback program and therefore are not considered outstanding. The total number of issued and outstanding shares as of December 31, 2025 was <span id="xdx_905_eifrs-full--NumberOfSharesOutstanding_iI_pid_c20251231_zFWwJe2lxFG5" title="Share, outstanding">45,249,812</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As of December 31, 2024, the Company had <span id="xdx_901_eifrs-full--NumberOfSharesIssued_iI_pid_c20241231_zeDtJdA002Ch" title="Share, issued"><span id="xdx_90E_eifrs-full--NumberOfSharesOutstanding_iI_pid_c20241231_z2VzCgqVYvZ1" title="Share, outstanding">45,491,175</span></span> shares issued and outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Both basic and diluted earnings per share attributable to equity holders of Codere Online are calculated based on the following data, in each case for the years ended December 31, 2025, 2024, and 2023:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn3n3_zOTyO11vF4i8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 6)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8BD_zDCJCNwnOOH4" style="display: none">Disclosure of basic and diluted earnings per share</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20250101__20251231_zjXPBuZRpyz9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20240101__20241231_zQzHr2RzTzFe" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20230101__20231231_z60OC4LUt2Ve" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_ecustom--NetIncomelossAttributableToEquityHoldersOfParent_i_pn3n" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Net income/(loss) attributable to the equity holders of the Company</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">1,292</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">3,908</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">(2,417</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Weighted average number of shares outstanding:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--WeightedAverageNumberOfSharesOutstandingBasics_i_pd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in"><i>Basic</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,495,139</i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,482,726</i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,273,438</i></td> <td style="text-align: left"><i> </i></td></tr> <tr id="xdx_405_ecustom--WeightedAverageNumberOfSharesOutstandingDiluted_i_pd" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Diluted</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>45,887,660</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>46,068,846</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>45,273,438</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> <tr id="xdx_401_ecustom--BasicEarningsPerShare_pid_zgcpRxv4zEKf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Basic earnings per share (euros)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.03</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.09</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(0.05</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_409_ecustom--DilutedEarningsPerShare_pid_zVp0QEZzwwNh" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Diluted earnings per share (euros)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.03</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.08</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(0.05</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfGroupsRevenues_pn3n3_zs627hmfZcnh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B4_zZ9G1XI9nTjh" style="display: none">Disclosure of groups revenues</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Online sports betting</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_z0ZuxLqEp2S1" title="Total">78,866</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_zJ4oJy9dynZk" title="Total">83,408</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OnlineSportsBettingMember_zOJNhuo6aCAg" title="Total">72,176</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Online casino wagering</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zzQNLVXVh8V9" title="Total">131,007</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zfyHhY4D5AF5" title="Total">117,245</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OnlineCasinoWageringMember_zd6hfE7uMdLd" title="Total">89,461</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_zB7LtywVWdoe" title="Total">534</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_z4HzVc3q1Qrc" title="Total">51</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OthersMember_z2vuPhHSDhWk" title="Total">10</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20250101__20251231_zp6TkWy2uVE4" title="Total">210,407</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231_zE0KxlcaZ78k" title="Total">200,704</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_904_eifrs-full--Revenue_pn3n3_c20230101__20231231_z2y11nI1u4wf" title="Total">161,647</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 78866000 83408000 72176000 131007000 117245000 89461000 534000 51000 10000 210407000 200704000 161647000 534000 489000 <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureOfGeographicalRevenue_pn3n3_ztA846Cb3nQh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BC_zBTzlg8XukP7" style="display: none">Disclosure of geographical revenue</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Spain</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zGWLKbid4zf1" title="Total">90,533</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zBRFvuiQJfua" title="Total">87,778</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--SpainMember_zDJLyxTLszRg" title="Total">75,669</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zy4zq2xlsbCi" title="Total">107,221</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zlQFphiOZpJ8" title="Total">95,699</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MexicoMember_zL1LIM3RtEX2" title="Total">73,315</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Others</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--Revenue_pn3n3_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_zXWi3tu8F1u4" title="Total">12,653</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--Revenue_pn3n3_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_ztKm7ntvLe1d" title="Total">17,227</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--OthersMember_zK9xa3xRjBw6" title="Total">10,302</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90F_eifrs-full--Revenue_pn3n3_c20250101__20251231_zXfzVCG7azQl" title="Total">210,407</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_eifrs-full--Revenue_pn3n3_c20240101__20241231_zD3APwbi1rli" title="Total">200,704</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_903_eifrs-full--Revenue_pn3n3_c20230101__20231231_z8OrBMII9ho6" title="Total">161,647</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 90533000 87778000 75669000 107221000 95699000 73315000 12653000 17227000 10302000 210407000 200704000 161647000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosurePersonnelExpenses_pn3n3_zGnSQ0cH5COf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 2)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zGeViek4Av0f" style="display: none">Disclosure personnel expenses</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Wages, salaries and similar</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eifrs-full--WagesAndSalaries_pn3n3_c20250101__20251231_zGgCCVYQuwl" title="Wages, salaries and similar">13,304</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eifrs-full--WagesAndSalaries_pn3n3_c20240101__20241231_zKK8UCBMV30a" title="Wages, salaries and similar">11,671</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--WagesAndSalaries_pn3n3_c20230101__20231231_z0rQzfa4HcY5" title="Wages, salaries and similar">11,374</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Social security contributions payable by Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20250101__20251231_zhJYFjzVqQEh" title="Social security contributions payable by Codere Online">1,921</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20240101__20241231_zSjcwAVaHTEj" title="Social security contributions payable by Codere Online">1,673</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--SocialSecurityContributionsPayableByGroup_pn3n3_c20230101__20231231_zg4oQjA4AdTk" title="Social security contributions payable by Codere Online">1,239</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Other social contributions</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--OtherSocialContributions_pn3n3_c20250101__20251231_z6DwtPDJzYLd" title="Other social contributions">9,779</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OtherSocialContributions_pn3n3_c20240101__20241231_zPUS34Gggnzg" title="Other social contributions">5,440</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_ecustom--OtherSocialContributions_pn3n3_c20230101__20231231_zofwopU89gZ7" title="Other social contributions">4,824</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90F_ecustom--PersonnelExpenses_pn3n3_c20250101__20251231_zeD9o30XdT4d" title="Total">25,004</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90A_ecustom--PersonnelExpenses_pn3n3_c20240101__20241231_zckv0eFZXIM6" title="Total">18,784</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_901_ecustom--PersonnelExpenses_pn3n3_c20230101__20231231_zAFuAalNaY5d" title="Total">17,437</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 13304000 11671000 11374000 1921000 1673000 1239000 9779000 5440000 4824000 25004000 18784000 17437000 <table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_pn3n3_zuJyK3olZ1wk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 3)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B0_zoTFeL8544pe" style="display: none">Disclosure of depreciation and amortization</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Depreciation of property, plant and equipment (Note 5)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20250101__20251231_fKg_____zDeaooKGPbm4" title="Depreciation of property, plant and equipment (Note 5)">121</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">*</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20240101__20241231_zLFDcviOCYrh" title="Depreciation of property, plant and equipment (Note 5)">136</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_c20230101__20231231_zO8bLqIZPxDl" title="Depreciation of property, plant and equipment (Note 5)">114</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Amortization of intangible assets</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20250101__20251231_zyugrgMW0yeg" title="Amortization of intangible assets"><span style="-sec-ix-hidden: xdx2ixbrl2121">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20240101__20241231_z8c0rD4Uqqnh" title="Amortization of intangible assets">10</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn3n3_c20230101__20231231_zabFCevlzVJc" title="Amortization of intangible assets"><span style="-sec-ix-hidden: xdx2ixbrl2125">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Amortization of right-of-use assets (Note 6)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20250101__20251231_zjSGpBivsKsa" title="Amortization of right-of-use assets (Note 6)">524</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">*</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20240101__20241231_zFFCJA7Sghvl" title="Amortization of right-of-use assets (Note 6)">242</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--AmortizationOfRightofuseAssets_pn3n3_c20230101__20231231_z3Tlp5vxVal4" title="Amortization of right-of-use assets (Note 6)"><span style="-sec-ix-hidden: xdx2ixbrl2131">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90A_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20250101__20251231_zW6yfvnJyaw8" title="Total">645</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20240101__20241231_zYXNtbHWKqJc" title="Total">388</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_900_ecustom--DepreciationAndAmortisationExpenses_pn3n3_c20230101__20231231_zRb6DpNUvKk4" title="Total">114</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F07_z8flyRo3uaUf" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F13_zI001ykaOOkl" style="text-align: justify">The difference between the amounts presented herein and the depreciation expense disclosed in Note 5 and the amortization expense in Note 6 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations.</td> </tr> </table> 121000 136000 114000 10000 524000 242000 645000 388000 114000 <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_pn3n3_zITc3OLDasK8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 4)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B3_zrMOm2Ye3QLg" style="display: none">Disclosure of other operating expenses</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250101__20251231_zaSjpZpi5CG7" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231_zgfrGYOJntvl" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20230101__20231231_zOJnuzA1Cg97" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_404_ecustom--GamingTaxes_zOSGqJdCfts8" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Gaming taxes</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">21,294</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">19,863</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">16,281</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_407_ecustom--Leases_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leases</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">32</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">234</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">528</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_409_ecustom--UtilitiesRepairsAndMaintenance_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Utilities, repairs and maintenance</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,164</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,060</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,432</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--ProfessionalServicesAndOtherExpenses_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Professional services and other expenses</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62,709</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">62,957</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">59,203</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_400_ecustom--CasinoLicenseRoyalties_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Casino license royalties</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,325</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7,732</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">6,279</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40D_eifrs-full--SalesAndMarketingExpense_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Marketing expenses</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">85,496</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">85,355</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">75,127</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_40D_ecustom--OtherOperatingExpensesAmount_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>179,020</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>177,201</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>158,850</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 21294000 19863000 16281000 32000 234000 528000 1164000 1060000 1432000 62709000 62957000 59203000 8325000 7732000 6279000 85496000 85355000 75127000 179020000 177201000 158850000 <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--FinanceIncomeCostTableTextBlock_pn3n3_zCDxMutciTk7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 5)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B7_zb3SCHITgZWe" style="display: none">Disclosure of finance income cost</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49B_20250101__20251231_zZvJmKbVHHSc" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49C_20240101__20241231_zkquT3vtaYLf" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_494_20230101__20231231_zisJKRIedNUc" style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>2023</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_400_eifrs-full--InterestRevenueExpense_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Finance income/(cost), net</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">342</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">603</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">1,815</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_406_ecustom--ExchangeRateImpact_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Exchange rate impact</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(5,027</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(6,519</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,618</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_401_ecustom--ArgentinaHyperinflationImpact_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Argentina Hyperinflation Impact</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3,249</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8,990</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">5,292</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_400_ecustom--DecreaseincreaseInFairValueOfPublicWarrants_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Decrease/(Increase) in Fair Value of Public Warrants (Note 11)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(719</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(3,310</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">890</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40A_ecustom--LeaseFinanceInterestUnderIfrs_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Lease finance interest under IFRS 16 (Note 6)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(188</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(105</td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2191">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40F_ecustom--ShortTermInvestmentGain_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Short term investment gain</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">25</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,382</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">1,020</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_40C_eifrs-full--TradingIncomeExpenseOnDebtInstruments_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Related parties debt restructuring</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2197">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2198">-</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">(1,573</td> <td style="text-align: left; white-space: nowrap">)</td> </tr> <tr id="xdx_404_eifrs-full--OtherIncome_i_pn3n" style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Others</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right">(108</td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2202">-</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2203">-</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_405_eifrs-full--FinanceIncomeCost_i_pn3n" style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>(2,426</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>1,041</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b>5,826</b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 342000 603000 1815000 -5027000 -6519000 -1618000 3249000 8990000 5292000 -719000 -3310000 890000 -188000 -105000 25000 1382000 1020000 -1573000 -108000 -2426000 1041000 5826000 45640814 45249812 45491175 45491175 <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn3n3_zOTyO11vF4i8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - REVENUE AND EXPENSES (Details 6)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"><span id="xdx_8BD_zDCJCNwnOOH4" style="display: none">Disclosure of basic and diluted earnings per share</span></td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_497_20250101__20251231_zjXPBuZRpyz9" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_498_20240101__20241231_zQzHr2RzTzFe" style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td id="xdx_49E_20230101__20231231_z60OC4LUt2Ve" style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">12/31/2023</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_ecustom--NetIncomelossAttributableToEquityHoldersOfParent_i_pn3n" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Net income/(loss) attributable to the equity holders of the Company</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">1,292</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">3,908</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right">(2,417</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Weighted average number of shares outstanding:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--WeightedAverageNumberOfSharesOutstandingBasics_i_pd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -0.125in; padding-left: 0.25in"><i>Basic</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,495,139</i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,482,726</i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i>45,273,438</i></td> <td style="text-align: left"><i> </i></td></tr> <tr id="xdx_405_ecustom--WeightedAverageNumberOfSharesOutstandingDiluted_i_pd" style="vertical-align: bottom; background-color: White"> <td style="font-style: italic; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.25in"><i>Diluted</i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>45,887,660</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>46,068,846</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td> <td style="padding-bottom: 1pt"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: left"><i> </i></td> <td style="border-bottom: Black 1pt solid; text-align: right"><i>45,273,438</i></td> <td style="padding-bottom: 1pt; text-align: left"><i> </i></td></tr> <tr id="xdx_401_ecustom--BasicEarningsPerShare_pid_zgcpRxv4zEKf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Basic earnings per share (euros)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.03</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.09</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(0.05</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> <tr id="xdx_409_ecustom--DilutedEarningsPerShare_pid_zVp0QEZzwwNh" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in">Diluted earnings per share (euros)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.03</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0.08</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(0.05</td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> 1292000 3908000 -2417000 45495139000 45482726000 45273438000 45887660000 46068846000 45273438000 0.03 0.09 -0.05 0.03 0.08 -0.05 <p id="xdx_804_ecustom--DisclosureOfRelatedPartiesExplanatory_zwbQEcObXJri" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>14.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_823_zA3vkg98Wau6">RELATED PARTIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The parties related to Codere Online include, in addition to Codere Group’s subsidiaries, associates and jointly controlled entities, if any, Codere Online’s key management personnel, as well as all individuals who are related to them by a family relationship, and the entities over which key management personnel may exercise significant influence or control. Balances and transactions between Codere Online and its subsidiaries, which are related parties of Codere Online, have been eliminated in consolidation and are not disclosed in this note. The agreements between Codere Online and Codere Group, effective from December 1, 2021, are also part of these related party transactions and had been previously described in item 7.b.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Details of transactions between Codere Online and other related parties are disclosed below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31, 2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTransactionsRelatedCompanies_pn3n3_ziBZtoxHMKU8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BE_zXgDsPyZbh1i" style="display: none">Disclosure of transactions related companies</span></td> <td> </td> <td style="vertical-align: top; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Related parties</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Relation to Codere Group</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Finance<br/>costs and<br/>exchange<br/>differences</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Operating<br/> expenses</td> <td> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total Costs</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 29%; text-align: left">Codere Apuestas España S.A.</td> <td style="width: 1%"> </td> <td style="vertical-align: top; width: 34%; text-align: left">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zykCzTSKVubd" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2244">-</span></span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="vertical-align: bottom; width: 9%; text-align: right"><span id="xdx_90B_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zzqbWi7tnAv" title="Operating expenses">3,383</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_z8vYh8A172Zc" title="Total Costs">3,383</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Codere Newco S.A.U.</td> <td> </td> <td style="vertical-align: top; text-align: left">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zLdO9Ps7jZZ4" title="Finance costs and exchange differences">(75</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zz7B1EWK2WOk" title="Operating expenses">15,809</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zo2KupHETJg7" title="Total Costs">15,734</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zOQ3753Wix9h" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2256">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_902_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zmLLV3sKCDpl" title="Operating expenses">2,317</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_z4mtshDHeonl" title="Total Costs">2,317</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Other retail companies</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zklJnWr8Y0X5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2262">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zuDPh4AKa5Pl" title="Operating expenses">945</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zWmBuRcZ89Bk" title="Total Costs">945</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zs7ROTMaikf7" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2268">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zQuPO46upVF4" title="Operating expenses">7,313</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zATUn3u4lft3" title="Total Costs">7,313</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">TOTAL</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_ziLgLmrtYw18" title="Finance costs and exchange differences">(75</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zjRsIiSyjkBe" title="Operating expenses">29,767</span></td> <td style="padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_908_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zYTF1EOxKr75" title="Total Costs">29,692</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Balance at 12/31/2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Related parties</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Relation to Codere Group</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Trade<br/> receivables<br/>(Note 8)</td> <td> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><p style="margin-top: 0; margin-bottom: 0">Current</p> <p style="margin-top: 0; margin-bottom: 0">borrowings<br/>(Note 10)</p></td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Trade payables<br/>and other<br/>current liabilities<br/>(Note 11)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 29%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Newco S.A.U.</td> <td style="width: 1%"> </td> <td style="vertical-align: top; width: 34%; text-align: left">Parent of Codere Online</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="vertical-align: bottom; width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_z9cNYvf5GRp8" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zanBkkH8ptXb" title="Current borrowings">(2</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_z7c8lJPeMlb7" title="Trade payables and other current liabilities">(1,822</span></td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Operadora de Apuestas S.L. (OACO)</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90C_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_z8tSJ5FO76xc" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2286">-</span></span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_zhtnVylfYj6l" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2288">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_zkx7aKv3CFF5" title="Trade payables and other current liabilities">(290</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Apuestas España S.L. (CAES)</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90C_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zcFnYBm8Xpa7" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zUdrLzZ34uge" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2294">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zpxHoz1DCpne" title="Trade payables and other current liabilities">(224</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other retail companies</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zAJh98fXW6Fc" title="Other current assets">12</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zH6aXFVXevVk" title="Current borrowings">(155</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z5d1knBVeIS1" title="Trade payables and other current liabilities">(531</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_904_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zKg0z44Ocgtb" title="Other current assets">942</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zfdgCIKXR6gb" title="Current borrowings">(1,651</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zIazpG4Olaxj" title="Trade payables and other current liabilities">(1,439</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zhV1u5yJp2xg" title="Other current assets">954</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zSiXwDp6ofM5" title="Current borrowings">(1,808</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zXWn5EmlmZ25" title="Trade payables and other current liabilities">(4,306</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31, 2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Related parties</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance<br/>costs and<br/>exchange<br/> differences</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating<br/> expenses</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total Costs</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 29%">Codere España S.A.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 34%">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zX4zDl7fxEN" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2317">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zt02lg0st1p6" title="Operating expenses">3,708</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zUIr0c8UDt18" title="Total Costs">3,708</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zToOHZ0wdtRl" title="Finance costs and exchange differences">(63</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_znwUhb4n9Al2" title="Operating expenses">14,907</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zleA1iWMot9g" title="Total Costs">14,844</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zGyxNzIaPrTi" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2329">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zxXpEMTEWouj" title="Operating expenses">2,390</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zMIKKiO4vtHa" title="Total Costs">2,390</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Operadora de Apuestas S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zSqhGzyA7VW5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2335">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zJ2gHSLaYDk8" title="Operating expenses">119</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zyoutKROVPmi" title="Total Costs">119</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Iberargen, SA.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zw4C5Pq3pNJ8" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2341">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zG6vAgzxV7T3" title="Operating expenses">5,061</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zSh9Ux3ptwhj" title="Total Costs">5,061</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z6Q1rm7PkBbj" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2347">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zKSlXCxpuKsl" title="Operating expenses">751</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zpKkORu0VEQ9" title="Total Costs">751</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zYODQbZr3Cb5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2353">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zPh2Ur60y4H" title="Operating expenses">3,993</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zcOtMpZUZvJ8" title="Total Costs">3,993</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Retail Latam</td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt">Subsidiary of Codere Group</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zPZsPlXrKqn3" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2359">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zFtfwjilXaD4" title="Operating expenses">1,118</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zFbppNrMoscl" title="Total Costs">1,118</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>TOTAL</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z0E9ZGRkeA6f" title="Finance costs and exchange differences">(63</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z1fEmPf7whKe" title="Operating expenses">32,047</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zYTVVJIVAqFi" title="Total Costs">31,984</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Balance at 12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"><b>Related parties</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/> financial assets<br/> (Note 7)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Trade<br/> receivables<br/>(Note 8)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/> borrowings<br/>(Note 10)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Trade payables<br/>and other<br/>current liabilities<br/>(Note 11)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zpyfF1v6CxEi" title="Other current assets">320</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="text-align: right; width: 9%"><span id="xdx_900_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zgiZwAjZc8Dj" title="Trade receivables"><span style="-sec-ix-hidden: xdx2ixbrl2373">-</span></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zYQ9X1vNEEZj" title="Current borrowings">11</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_907_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zw1BBMEDTSf8" title="Trade payables and other current liabilities">1,035</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas España S.L. (CAES)</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zyFiKucSWBx4" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2379">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zKoQTH7dJPsa" title="Trade receivables">75</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zJY7jzFUX2Oa" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2383">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zDBflev9OsWi" title="Trade payables and other current liabilities">698</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z0BB17TEEYUc" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2387">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"><span id="xdx_903_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z2DTNefSdmta" title="Trade receivables">173</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z54iW2vrWtii" title="Current borrowings">175</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zPGPSwe7dzL4" title="Trade payables and other current liabilities">956</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_zPcgPMzfUoJ9" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2395">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_zxqWdcq2HfHg" title="Trade receivables">901</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_z8fbjVq3Dsx9" title="Current borrowings">3,179</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_ziKwwXdRvQWf" title="Trade payables and other current liabilities">1,269</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt"><b>Total</b></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zPvSKQewecDk" title="Other current assets">320</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z0Tg2wZLDNlc" title="Trade receivables">1,149</span></b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z1J9C2kH1Fyi" title="Current borrowings">3,365</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_903_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z2MRGfrywLlc" title="Trade payables and other current liabilities">3,958</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31, 2023</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Related parties</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance<br/>costs and<br/>exchange<br/> differences</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating<br/> expenses</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total Costs</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 29%">Codere España S.A.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 34%">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zFVs5BvCEhJb" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2411">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zqw5e4loevS5" title="Operating expenses">3,609</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_z3FDOEZh5pGe" title="Total Costs">3,609</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zEtbqMFbOc0d" title="Finance costs and exchange differences">(157</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zPd6vYZmuls5" title="Operating expenses">12,087</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zqIxQ0IfJn46" title="Total Costs">11,930</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zyOvRo0Eeipj" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2423">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zUPamE7NSmW2" title="Operating expenses">1,952</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zm80rIB3XF81" title="Total Costs">1,952</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Operadora de Apuestas S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zFgHcNOw5GT8" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2429">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zVPnl4cAAit5" title="Operating expenses">96</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zKG85pBGE1Ed" title="Total Costs">96</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Iberargen, SA.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zonnnrgahEfa" title="Finance costs and exchange differences">548</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zUIqVWmXRJSh" title="Operating expenses">3,212</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_z5YeV6UNkdke" title="Total Costs">3,760</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zNCimJtXXcS4" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2441">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zj8Q3Ive40z6" title="Operating expenses">755</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zk86e6bEBe8a" title="Total Costs">755</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zBjm5dDUu1We" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2447">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_ziCviiiotpPe" title="Operating expenses">3,998</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_za7tFmCyie58" title="Total Costs">3,998</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Retail Latam</td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt">Subsidiary of Codere Group</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zG3FNP1Y5lef" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2453">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zxYAXownRvrj" title="Operating expenses">2,903</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zswRsWCPQbe6" title="Total Costs">2,903</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>TOTAL</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zOmCRs8rhpO2" title="Finance costs and exchange differences">391</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zNP848PUVFl6" title="Operating expenses">28,612</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zH4dF2CV78e" title="Total Costs">29,003</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8AB_zAXk7CUMs8if" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Internal Affiliate Program Master Agreement</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Effective on June 30, 2023, the parties entered into an amendment to the Internal Affiliate Program Master Agreement amending the in-store processing fee and including a new balance transfer fee in Spain, the eligibility conditions of certain customers under the agreement and to agree on a catch-up payment of approximately €<span id="xdx_901_ecustom--CatchupPayment_pn3p0_c20230601__20230630__ifrs-full--CounterpartiesAxis__custom--SEJOMeberMember_zJIYC3rzAvJi" title="Catch-up payment">180,000</span> from SEJO to Codere Newco, payable in six equal monthly instalments, pursuant to the retroactive application of said eligibility conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On November 12, 2025, the parties entered into an amendment and restatement of the Internal Affiliate Program Master Agreement effective as of April 1, 2025, amending the following terms and conditions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-top: 0; margin-bottom: 0">With respect to all the omni-channel jurisdictions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">The term of the agreement is extended to three years, subject to early termination by either party with 90 days’ written notice if certain KPIs are not met. Such KPIs shall be agreed by the parties by no later than March 31, 2026.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Retail Participation and the Online Participation are increased, respectively, from 35% to 45% of the Net Win.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Elimination of the 18-month cap on receiving revenue share as long as the player remains active.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify">Elimination of the exclusion currently established with respect to eligibility to receive a revenue share in the event of reactivation of an inactive player where said player had previously been subject to a revenue share under the Internal Affiliate Program Master Agreement; provided, however, that any such reactivated player not otherwise be covered under any third-party affiliation agreement.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">The second amendment to the Internal Affiliate Program Master Agreement also introduces certain amendments to in-store processing fees and balance transfer fees specific to each jurisdiction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.5in; margin-top: 0; margin-bottom: 0">The foregoing description of the Internal Affiliate Program Master Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Internal Affiliate Program Master Agreement and applicable amendments, which have been filed as exhibits to this annual report.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Colombia Restructuring Agreement</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On March 5, 2026, Codere Online Colombia, S.A.S. and Codere Colombia, S.A. entered into a joint accounts agreement (contrato de cuentas en participacion), effective as of September 1, 2022, (the “Second Joint Accounts Agreement”) pursuant to which, the parties agree to jointly exploit the Colombia License with respect to retail sports betting and virtual games operated via physical terminals in retail halls (the “Retail Operation”). Codere Colombia S.A. effectively retains 99.00% of any distributed profits and is responsible for managing the Retail Operation. Codere Colombia, S.A. has the right to early terminate the Second Joint Accounts Agreement at any time with 15 business days’ notice and shall indemnify Codere Online Colombia S.A.S. for any loss, regulatory sanction or third-party claim arising from the breach of the Second Joint Accounts Agreement by Codere Colombia, S.A. Codere Online Colombia, S.A.S. has an exclusivity obligation pursuant to it shall only carry out the Retail Operation under the Colombia License with Codere Colombia, S.A. or any other company within the Codere Group.</p> <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTransactionsRelatedCompanies_pn3n3_ziBZtoxHMKU8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8BE_zXgDsPyZbh1i" style="display: none">Disclosure of transactions related companies</span></td> <td> </td> <td style="vertical-align: top; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Related parties</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Relation to Codere Group</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Finance<br/>costs and<br/>exchange<br/>differences</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Operating<br/> expenses</td> <td> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total Costs</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 29%; text-align: left">Codere Apuestas España S.A.</td> <td style="width: 1%"> </td> <td style="vertical-align: top; width: 34%; text-align: left">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zykCzTSKVubd" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2244">-</span></span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="vertical-align: bottom; width: 9%; text-align: right"><span id="xdx_90B_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zzqbWi7tnAv" title="Operating expenses">3,383</span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_z8vYh8A172Zc" title="Total Costs">3,383</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Codere Newco S.A.U.</td> <td> </td> <td style="vertical-align: top; text-align: left">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zLdO9Ps7jZZ4" title="Finance costs and exchange differences">(75</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zz7B1EWK2WOk" title="Operating expenses">15,809</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zo2KupHETJg7" title="Total Costs">15,734</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zOQ3753Wix9h" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2256">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_902_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zmLLV3sKCDpl" title="Operating expenses">2,317</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_z4mtshDHeonl" title="Total Costs">2,317</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Other retail companies</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zklJnWr8Y0X5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2262">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zuDPh4AKa5Pl" title="Operating expenses">945</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zWmBuRcZ89Bk" title="Total Costs">945</span></td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zs7ROTMaikf7" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2268">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zQuPO46upVF4" title="Operating expenses">7,313</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zATUn3u4lft3" title="Total Costs">7,313</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">TOTAL</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; text-align: left; padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_ziLgLmrtYw18" title="Finance costs and exchange differences">(75</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zjRsIiSyjkBe" title="Operating expenses">29,767</span></td> <td style="padding-bottom: 1pt"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_908_eifrs-full--CostOfSales_pn3n3_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zYTF1EOxKr75" title="Total Costs">29,692</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Balance at 12/31/2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Related parties</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Relation to Codere Group</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Trade<br/> receivables<br/>(Note 8)</td> <td> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><p style="margin-top: 0; margin-bottom: 0">Current</p> <p style="margin-top: 0; margin-bottom: 0">borrowings<br/>(Note 10)</p></td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Trade payables<br/>and other<br/>current liabilities<br/>(Note 11)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 29%; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Newco S.A.U.</td> <td style="width: 1%"> </td> <td style="vertical-align: top; width: 34%; text-align: left">Parent of Codere Online</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="vertical-align: bottom; width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_z9cNYvf5GRp8" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zanBkkH8ptXb" title="Current borrowings">(2</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_z7c8lJPeMlb7" title="Trade payables and other current liabilities">(1,822</span></td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Operadora de Apuestas S.L. (OACO)</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90C_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_z8tSJ5FO76xc" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2286">-</span></span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_zhtnVylfYj6l" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2288">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CoderOperadoradeApuestasSLMember_zkx7aKv3CFF5" title="Trade payables and other current liabilities">(290</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Codere Apuestas España S.L. (CAES)</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_90C_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zcFnYBm8Xpa7" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zUdrLzZ34uge" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2294">-</span></span></td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zpxHoz1DCpne" title="Trade payables and other current liabilities">(224</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Other retail companies</td> <td> </td> <td style="vertical-align: top; text-align: left">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zAJh98fXW6Fc" title="Other current assets">12</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zH6aXFVXevVk" title="Current borrowings">(155</span></td> <td style="text-align: left">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z5d1knBVeIS1" title="Trade payables and other current liabilities">(531</span></td> <td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_904_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zKg0z44Ocgtb" title="Other current assets">942</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zfdgCIKXR6gb" title="Current borrowings">(1,651</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--LatamRetailCompaniesMember_zIazpG4Olaxj" title="Trade payables and other current liabilities">(1,439</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total</td> <td style="padding-bottom: 1pt"> </td> <td style="vertical-align: top; padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zhV1u5yJp2xg" title="Other current assets">954</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_906_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zSiXwDp6ofM5" title="Current borrowings">(1,808</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zXWn5EmlmZ25" title="Trade payables and other current liabilities">(4,306</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31, 2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Related parties</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance<br/>costs and<br/>exchange<br/> differences</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating<br/> expenses</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total Costs</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 29%">Codere España S.A.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 34%">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zX4zDl7fxEN" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2317">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zt02lg0st1p6" title="Operating expenses">3,708</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zUIr0c8UDt18" title="Total Costs">3,708</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zToOHZ0wdtRl" title="Finance costs and exchange differences">(63</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_znwUhb4n9Al2" title="Operating expenses">14,907</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zleA1iWMot9g" title="Total Costs">14,844</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zGyxNzIaPrTi" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2329">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zxXpEMTEWouj" title="Operating expenses">2,390</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zMIKKiO4vtHa" title="Total Costs">2,390</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Operadora de Apuestas S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zSqhGzyA7VW5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2335">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zJ2gHSLaYDk8" title="Operating expenses">119</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zyoutKROVPmi" title="Total Costs">119</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Iberargen, SA.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zw4C5Pq3pNJ8" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2341">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zG6vAgzxV7T3" title="Operating expenses">5,061</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zSh9Ux3ptwhj" title="Total Costs">5,061</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z6Q1rm7PkBbj" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2347">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zKSlXCxpuKsl" title="Operating expenses">751</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zpKkORu0VEQ9" title="Total Costs">751</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zYODQbZr3Cb5" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2353">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zPh2Ur60y4H" title="Operating expenses">3,993</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zcOtMpZUZvJ8" title="Total Costs">3,993</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Retail Latam</td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt">Subsidiary of Codere Group</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zPZsPlXrKqn3" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2359">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zFtfwjilXaD4" title="Operating expenses">1,118</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zFbppNrMoscl" title="Total Costs">1,118</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>TOTAL</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z0E9ZGRkeA6f" title="Finance costs and exchange differences">(63</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"><b>)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_ecustom--OperatingExpensesRelatedParties_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z1fEmPf7whKe" title="Operating expenses">32,047</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zYTVVJIVAqFi" title="Total Costs">31,984</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Balance at 12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"><b>Related parties</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/> financial assets<br/> (Note 7)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Trade<br/> receivables<br/>(Note 8)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/> borrowings<br/>(Note 10)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Trade payables<br/>and other<br/>current liabilities<br/>(Note 11)</b></td> <td style="text-align: center; padding-bottom: 1pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zpyfF1v6CxEi" title="Other current assets">320</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="text-align: right; width: 9%"><span id="xdx_900_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zgiZwAjZc8Dj" title="Trade receivables"><span style="-sec-ix-hidden: xdx2ixbrl2373">-</span></span></td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zYQ9X1vNEEZj" title="Current borrowings">11</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_907_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zw1BBMEDTSf8" title="Trade payables and other current liabilities">1,035</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas España S.L. (CAES)</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zyFiKucSWBx4" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2379">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"><span id="xdx_90A_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zKoQTH7dJPsa" title="Trade receivables">75</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zJY7jzFUX2Oa" title="Current borrowings"><span style="-sec-ix-hidden: xdx2ixbrl2383">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestaEspanaMember_zDBflev9OsWi" title="Trade payables and other current liabilities">698</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z0BB17TEEYUc" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2387">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"><span id="xdx_903_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z2DTNefSdmta" title="Trade receivables">173</span></td> <td> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_z54iW2vrWtii" title="Current borrowings">175</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zPGPSwe7dzL4" title="Trade payables and other current liabilities">956</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other Latam retail companies</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_zPcgPMzfUoJ9" title="Other current assets"><span style="-sec-ix-hidden: xdx2ixbrl2395">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_zxqWdcq2HfHg" title="Trade receivables">901</span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_z8fbjVq3Dsx9" title="Current borrowings">3,179</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherLatamRetailCompaniesMember_ziKwwXdRvQWf" title="Trade payables and other current liabilities">1,269</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt"><b>Total</b></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--OtherCurrentAssets_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zPvSKQewecDk" title="Other current assets">320</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--TradesReceivable_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z0Tg2wZLDNlc" title="Trade receivables">1,149</span></b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--CurrentFinancialLiabilities_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z1J9C2kH1Fyi" title="Current borrowings">3,365</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_903_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_z2MRGfrywLlc" title="Trade payables and other current liabilities">3,958</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31, 2023</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTIES (Details)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Related parties</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Relation to Codere Group</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Finance<br/>costs and<br/>exchange<br/> differences</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Operating<br/> expenses</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Total Costs</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 29%">Codere España S.A.</td> <td style="width: 1%"> </td> <td style="text-align: left; vertical-align: top; width: 34%">Subsidiary of Codere Group</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zFVs5BvCEhJb" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2411">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_zqw5e4loevS5" title="Operating expenses">3,609</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_901_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereEspanaSAMember_z3FDOEZh5pGe" title="Total Costs">3,609</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Newco S.A.U.</td> <td> </td> <td style="text-align: left; vertical-align: top">Parent of Codere Online</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zEtbqMFbOc0d" title="Finance costs and exchange differences">(157</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zPd6vYZmuls5" title="Operating expenses">12,087</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereNewcoSAUMember_zqIxQ0IfJn46" title="Total Costs">11,930</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Apuestas Galicia S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zyOvRo0Eeipj" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2423">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zUPamE7NSmW2" title="Operating expenses">1,952</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereApuestasGaliciaSLMember_zm80rIB3XF81" title="Total Costs">1,952</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Codere Operadora de Apuestas S.L.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zFgHcNOw5GT8" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2429">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zVPnl4cAAit5" title="Operating expenses">96</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CodereOperadoradeApuestasSLMember_zKG85pBGE1Ed" title="Total Costs">96</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Iberargen, SA.</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zonnnrgahEfa" title="Finance costs and exchange differences">548</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_zUIqVWmXRJSh" title="Operating expenses">3,212</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--IberargenSAMember_z5YeV6UNkdke" title="Total Costs">3,760</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Other retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zNCimJtXXcS4" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2441">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zj8Q3Ive40z6" title="Operating expenses">755</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherRetailCompaniesMember_zk86e6bEBe8a" title="Total Costs">755</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Mexico retail companies</td> <td> </td> <td style="text-align: left; vertical-align: top">Subsidiary of Codere Group</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_zBjm5dDUu1We" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2447">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_ziCviiiotpPe" title="Operating expenses">3,998</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MexicoRetailCompaniesMember_za7tFmCyie58" title="Total Costs">3,998</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Retail Latam</td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt">Subsidiary of Codere Group</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zG3FNP1Y5lef" title="Finance costs and exchange differences"><span style="-sec-ix-hidden: xdx2ixbrl2453">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zxYAXownRvrj" title="Operating expenses">2,903</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--RetailLatamMember_zswRsWCPQbe6" title="Total Costs">2,903</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>TOTAL</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="text-align: left; vertical-align: top; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90E_ecustom--FinanceCostsAndExchangeDifferences_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zOmCRs8rhpO2" title="Finance costs and exchange differences">391</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--OperatingExpensesRelatedParties_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zNP848PUVFl6" title="Operating expenses">28,612</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_907_eifrs-full--CostOfSales_pn3n3_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--TotalMember_zH4dF2CV78e" title="Total Costs">29,003</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 3383000 3383000 -75000 15809000 15734000 2317000 2317000 945000 945000 7313000 7313000 -75000 29767000 29692000 -2000 -1822000 -290000 -224000 12000 -155000 -531000 942000 -1651000 -1439000 954000 -1808000 -4306000 3708000 3708000 -63000 14907000 14844000 2390000 2390000 119000 119000 5061000 5061000 751000 751000 3993000 3993000 1118000 1118000 -63000 32047000 31984000 320000 11000 1035000 75000 698000 173000 175000 956000 901000 3179000 1269000 320000 1149000 3365000 3958000 3609000 3609000 -157000 12087000 11930000 1952000 1952000 96000 96000 548000 3212000 3760000 755000 755000 3998000 3998000 2903000 2903000 391000 28612000 29003000 180000 <p id="xdx_80D_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_zTkVhwwtPLVf" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>15.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_825_zyaSzJS3m2F2">RISK MANAGEMENT POLICIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><b>Key Company Risk</b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The key risks to which Codere Online is exposed are related to the gambling sector. The gaming industry is closely regulated (those regulations extend to the gambling business itself and the gambling formats and channels permitted; management of the risks associated with gambling; gambling advertising; data protection; anti-money laundering; and anti-fraud, among others). Gambling operators are required to fulfil a number of technical and compliance-related obligations in order to operate under licenses that need to be renewed at certain intervals and/or are subject to ongoing oversight. The failure to comply with any of these regulations or requirements or the inability to renew our gambling licenses could have an adverse impact on our business. In addition, new regulations in the future could imply additional restrictions on already-regulated activities that could reduce Codere Online’s ability to offer products and services to its customers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The industry is also exposed to the formulation of new and interpretation of existing gambling tax regulations in every market. Any increase in the gambling tax burden or changes in tax calculation methodologies could affect the viability of Codere Online’s business. The gambling industry is often in the spotlight and the public perception of what Codere Online does can also have an adverse impact on its performance. Moreover, regulatory changes in the various markets could pave the way for the entry of new competitors or new gambling formats that could have an adverse impact on Codere Online’s business. Lastly, Codere Online is and will remain exposed to inspections and/or lawsuits related with the above-mentioned tax regulations and compliance rules.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Elsewhere, the markets in which Codere Online does business expose it to political, macroeconomic and monetary risks that affect its international operations. The market conditions and social-economic variables in each of Codere Online’s markets affect its customers’ purchasing power and, by extension, its business performance. Codere Online is also affected by political and monetary risks (including exposure to currency devaluations and changes in company law in our operating markets).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">In addition, Codere Online is exposed to the risk that its customers’ tastes and preferences could change, as well as the risk that technology could lead to alternative leisure pursuits options. It also faces risks deriving from supplier or competitor concentration in certain formats or products and the ability or inability of the former to create safe gambling products that are attractive to customers and comply with prevailing legislation in one or more markets. Lastly, the impact of technology developments on how the business and product are managed (digitalization and interconnection) implies risks with respect to the integrity of Codere Online’s IT systems and platforms which Codere Online needs to manage proactively in order to avoid potential contingencies. Codere Online’s financial systems currently rely significantly on human intervention. Codere Online is making an effort to reduce the level of human intervention in the related processes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online is exposed to various financial market risks as a result of its ordinary business activities. The main market risks affecting Codere Online are the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><b>Liquidity risk:</b> Codere Online is exposed to liquidity risk if a mismatch arises between its financing needs and its sources of financings.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><b>Exchange rate risk: </b>Codere Online is exposed to exchange rate risk because its functional currency is the euro, and the value of financial assets denominated in a currency that is different from Codere Online’s functional currency is subject to variations resulting from fluctuations in exchange rates.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><b>Credit risk:</b> Codere Online is exposed to the possibility of a counterparty to an agreement not complying with its contractual obligations, thus negatively affecting results of operations of Codere Online.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Market Risk</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As a publicly traded company, Codere Online is exposed to market risks that arise from changes in market prices and rates, including foreign currency exchange rates, interest rates, equity prices, and other factors that affect the capital markets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Additionally, our company has issued warrants that are also subject to market risk. Adverse changes in these market conditions could have a negative impact on our financial performance and position.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">These market risks may impact the financial performance and position of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Liquidity risk</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online is exposed to liquidity risk if a mismatch arises between its financing needs (including operating, financial and investment needs) and its sources of financing (including cash on statement of financial position and future cash flows).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Exchange rate risk</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Exchange rate risk arises when the value of existing assets, liabilities and/or future cash flows are subject to change because of fluctuations in foreign exchange rates. Codere Online’s exposure to the risk of changes in foreign exchange rates relates primarily to (i) its operations (certain revenues and expenses being denominated in foreign currencies) and (ii) certain cash balances being held in foreign currencies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online actively manages exchange rate risks to control the exposure of balances to foreign currency in order to minimize the risks associated with exchange rate variations and optimizing Codere Online’s financial cost.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The following tables include the outstanding current asset and current liability balances in foreign currencies as of December 31, 2025 and 2024 in thousands of euros:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfForeignCurrencies_pn3n3_zOZc8WzzeuNk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RISK MANAGEMENT POLICIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BD_zHr1FwWODXHe" style="display: none">Disclosure of foreign currencies</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td style="text-align: center; font-weight: bold; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><b>Current<br/>assets</b></td> <td style="text-align: center; padding-bottom: 1pt; font-weight: bold"><b> </b></td> <td style="text-align: center; font-weight: bold; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>liabilities</b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 76%">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zBr2r2C6f7Ej" title="Current assets">434</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="vertical-align: bottom; text-align: right; width: 9%"><span id="xdx_907_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zH8k69ltZug4" title="Current liabilities">2,932</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">COP</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_zpEWntNqAQj7" title="Current assets">6,184</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_z34CNLz1CIUf" title="Current liabilities">1,995</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MXN</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zjTx8SVuFtza" title="Current assets">22,295</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_906_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zGqrozH4lLTg" title="Current liabilities">14,434</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">PAB</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--PAB_zAtvhMAF3BUe" title="Current assets">3,185</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_904_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--PAB_zNS2ce5WMxL3" title="Current liabilities">1,069</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">ARS</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zpWv8HQyzwA4" title="Current assets">734</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90D_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zi1YZYUjcWL1" title="Current liabilities">361</span></td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--CurrentAsset_iI_pn3n3_c20251231_zMwAOQSTDDce" title="Current assets">32,832</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231_zxDX3ByoVPE3" title="Current liabilities">20,791</span></td> <td style="padding-bottom: 1pt"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>assets</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>liabilities</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 76%">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zCgk0HRrDbhk" title="Current assets">969</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zbW99IaDRuL6" title="Current liabilities">2,378</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">COP</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zgFXJMEh22G9" title="Current assets">5,501</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zY2TCZ5673lg" title="Current liabilities">1,697</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_zgm4T2QJZW36" title="Current assets">15,408</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_z5KbBdBYd3fk" title="Current liabilities">15,440</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">PAB</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--PAB_znWJdem1J0hi" title="Current assets">3,344</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--PAB_zduVrWrNmfVk" title="Current liabilities">2,012</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zkLq0aqyhiEg" title="Current assets">1,331</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zMRAUiebxjA8" title="Current liabilities">428</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--CurrentAsset_iI_pn3n3_c20241231_zIU1FPRqRIi8" title="Current assets">26,553</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231_z2dcNXFX5Th7" title="Current liabilities">21,955</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8AC_zVS3EEh34bKa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><i>Sensitivity analysis</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn3n3_z6Wi3z5DVpS4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RISK MANAGEMENT POLICIES (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B7_zPDYhuCJW047" style="display: none">Disclosure of sensitivity analysis</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2025^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--COP_fKg_____zETbp5QcMzXa" title="Exchange rate">4,415.01</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zg6j7rmfkop7" title="Income statement">(419</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zqnjHSPBDcwg" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2529">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zCCmhaNyHHbf" title="Income statement">419</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zbXtnLWp1c98" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2533">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--MXN_fKg_____z1KzvJAM6fqi" title="Exchange rate">21.09</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_z13426Qd94Z5" title="Income statement">(789</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zmHx28s2MMW6" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2539">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zdors8JUtME3" title="Income statement">789</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zLVBddXAfupa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2543">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--USD_fKg_____zqpP8oVtMvW7" title="Exchange rate">1.18</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zqQP7en4jyi5" title="Income statement">(212</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zek9iqqHWEha" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2549">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_z0vRjzmNfwg6" title="Income statement">212</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zZhGhGfpd7jb" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2553">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--ARS_fKg_____zuziKawotaJl" title="Exchange rate">1,709.69</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zF76Q3z0Jue3" title="Income statement">(37</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_ztwg7OkC39x9" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2559">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zBHYLjH1uAH7" title="Income statement">37</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zMTVlxXCi7Al" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2563">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--ILS_fKg_____zqGMjXzj3md5" title="Exchange rate">3.75</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zjRXnvppbZq3" title="Income statement">250</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zyLL1cXedLEe" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2569">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zZPestdphZia" title="Income statement">(250</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zMwaXdSxnCa2" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2573">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2024^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90D_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--COP_fKg_____zIhBlZOexMm1" title="Exchange rate">4,580.9</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zrSNLHGISXd3" title="Income statement">(380</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zO5ARa8YNdZ1" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2579">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zlbO95Lkj3g3" title="Income statement">380</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zf6FkzHj692b" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2583">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--MXN_fKg_____z9lhEtsLJSF2" title="Exchange rate">21.31</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zgiqjoq81sL5" title="Income statement">3</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zHJMQgYZ73a" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2589">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zsKOH2wgiAvk" title="Income statement">(3</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zt4UDmuydPah" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2593">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--USD_fKg_____zkUHrDb2FXWl" title="Exchange rate">1.04</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zGxK1udO8KC8" title="Income statement">(1,132</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_z86xhJIYmMMb" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2599">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zCEKS24NBr13" title="Income statement">1,132</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_znE7pSbjMWe" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2603">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--ARS_fKg_____zflGifjaNBj9" title="Exchange rate">1,072.14</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zsqGXpJ9T00j" title="Income statement">(91</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zgA3s0MlMHol" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2609">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zeRbn5WBLUad" title="Income statement">91</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zffKP2juTd9a" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2613">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--ILS_fKg_____zJzgWA9KDG93" title="Exchange rate">3.79</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zz39o7SZiI05" title="Income statement">141</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_z6vFukRKxYnf" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2619">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zHGeIT8OyHv7" title="Income statement">(141</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zy2fTHwnLLc1" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2623">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2023^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--COP_fKg_____zjwf6PbPtfxb" title="Exchange rate">4,223.37</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zv3sXSDnd5le" title="Income statement">(197</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zPZmfMNGBcSg" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2629">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zQeTeWhh1FZi" title="Income statement">197</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zHnLZSby9gWh" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2633">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--MXN_fKg_____zdbNEAfd1fE1" title="Exchange rate">18.67</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_z9gGdPHIq3Qj" title="Income statement">606</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zdRa1pxZY6Ue" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2639">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zwEwiLA4PJKf" title="Income statement">(606</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_z92vuWSZ9UMf" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2643">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--USD_fKg_____z8JG47DliEN6" title="Exchange rate">1.11</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zkEekBZtvCZf" title="Income statement">495</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_z343C637xYGa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2649">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zWhyHEKOpaR7" title="Income statement">(495</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zSbVxav1tgg2" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2653">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20221231__srt--CurrencyAxis__currency--ARS_fKg_____zXDkZ2esA8h2" title="Exchange rate">893.34</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zbzWNTLzIqYd" title="Income statement">192</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zjCgvWhEhcHk" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2659">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zwCxolBST16g" title="Income statement">(192</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zjz90GB2NBl5" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2663">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20221231__srt--CurrencyAxis__currency--ILS_fKg_____zZPNrY4TPybd" title="Exchange rate">4.01</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zCbfH3TzueU" title="Income statement">12</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_znUgPfQ644Qa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2669">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zPwvCW7GXyn1" title="Income statement">(12</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zcKd1G6Vygq" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2673">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p id="xdx_8A1_zsndV4Ui1x8b" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-left: 0.25in; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Credit risk</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online does not have significant credit risk exposure to any single counterparty or any group of counterparties having similar characteristics.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online considers a financial asset to be in default when:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">the debtor is unlikely to pay its credit obligations to Codere Online in full, without recourse by Codere Online to actions such as realising security (if any is held)</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Impairment provisions are determined on the basis of lifetime expected credit losses, including those expected at the individual level, using reasonable and supportable forward-looking information, based on the best information available at the date of authorizing the financial statements for issue. They are re-estimated at every reporting date on an individual basis, using the following criteria:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">The age of the debt.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">The existence of financial difficulties, including bankruptcy proceedings.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">-</td> <td style="text-align: justify">An analysis of the debtor’s ability to repay the asset.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">As described in Note 3, Codere Online’s historical credit loss experience with Group’s entities is nil. The expected credit loss is estimated based on external risk parameters, publicly available, such as the probability of default (“PD”) of Codere Group and a loss given at default (“LGD”) of 100%.</p> <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfForeignCurrencies_pn3n3_zOZc8WzzeuNk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RISK MANAGEMENT POLICIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BD_zHr1FwWODXHe" style="display: none">Disclosure of foreign currencies</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td> <td style="text-align: center; font-weight: bold; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><b>Current<br/>assets</b></td> <td style="text-align: center; padding-bottom: 1pt; font-weight: bold"><b> </b></td> <td style="text-align: center; font-weight: bold; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>liabilities</b></td> <td style="padding-bottom: 1pt; text-align: center"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 76%">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zBr2r2C6f7Ej" title="Current assets">434</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="vertical-align: bottom; text-align: right; width: 9%"><span id="xdx_907_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ILS_zH8k69ltZug4" title="Current liabilities">2,932</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">COP</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_zpEWntNqAQj7" title="Current assets">6,184</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--COP_z34CNLz1CIUf" title="Current liabilities">1,995</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MXN</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zjTx8SVuFtza" title="Current assets">22,295</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_906_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--MXN_zGqrozH4lLTg" title="Current liabilities">14,434</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">PAB</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--PAB_zAtvhMAF3BUe" title="Current assets">3,185</span></td> <td style="text-align: left"> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; text-align: right"><span id="xdx_904_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--PAB_zNS2ce5WMxL3" title="Current liabilities">1,069</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">ARS</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zpWv8HQyzwA4" title="Current assets">734</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90D_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231__srt--CurrencyAxis__currency--ARS_zi1YZYUjcWL1" title="Current liabilities">361</span></td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--CurrentAsset_iI_pn3n3_c20251231_zMwAOQSTDDce" title="Current assets">32,832</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><span id="xdx_90C_ecustom--CurrentLiabilitie_iI_pn3n3_c20251231_zxDX3ByoVPE3" title="Current liabilities">20,791</span></td> <td style="padding-bottom: 1pt"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>assets</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Current<br/>liabilities</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 76%">ILS</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zCgk0HRrDbhk" title="Current assets">969</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ILS_zbW99IaDRuL6" title="Current liabilities">2,378</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">COP</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zgFXJMEh22G9" title="Current assets">5,501</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--COP_zY2TCZ5673lg" title="Current liabilities">1,697</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_zgm4T2QJZW36" title="Current assets">15,408</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--MXN_z5KbBdBYd3fk" title="Current liabilities">15,440</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">PAB</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--PAB_znWJdem1J0hi" title="Current assets">3,344</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--PAB_zduVrWrNmfVk" title="Current liabilities">2,012</span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: rgb(204,238,255); vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CurrentAsset_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zkLq0aqyhiEg" title="Current assets">1,331</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231__srt--CurrencyAxis__currency--ARS_zMRAUiebxjA8" title="Current liabilities">428</span></td> <td style="padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: White; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90D_ecustom--CurrentAsset_iI_pn3n3_c20241231_zIU1FPRqRIi8" title="Current assets">26,553</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_905_ecustom--CurrentLiabilitie_iI_pn3n3_c20241231_z2dcNXFX5Th7" title="Current liabilities">21,955</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 434000 2932000 6184000 1995000 22295000 14434000 3185000 1069000 734000 361000 32832000 20791000 969000 2378000 5501000 1697000 15408000 15440000 3344000 2012000 1331000 428000 26553000 21955000 <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn3n3_z6Wi3z5DVpS4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RISK MANAGEMENT POLICIES (Details 1)"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B7_zPDYhuCJW047" style="display: none">Disclosure of sensitivity analysis</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td></tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2025^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_902_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--COP_fKg_____zETbp5QcMzXa" title="Exchange rate">4,415.01</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zg6j7rmfkop7" title="Income statement">(419</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zqnjHSPBDcwg" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2529">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zCCmhaNyHHbf" title="Income statement">419</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zbXtnLWp1c98" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2533">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--MXN_fKg_____z1KzvJAM6fqi" title="Exchange rate">21.09</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_z13426Qd94Z5" title="Income statement">(789</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zmHx28s2MMW6" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2539">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zdors8JUtME3" title="Income statement">789</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zLVBddXAfupa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2543">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--USD_fKg_____zqpP8oVtMvW7" title="Exchange rate">1.18</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zqQP7en4jyi5" title="Income statement">(212</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zek9iqqHWEha" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2549">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_z0vRjzmNfwg6" title="Income statement">212</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zZhGhGfpd7jb" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2553">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--ARS_fKg_____zuziKawotaJl" title="Exchange rate">1,709.69</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zF76Q3z0Jue3" title="Income statement">(37</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_ztwg7OkC39x9" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2559">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zBHYLjH1uAH7" title="Income statement">37</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zMTVlxXCi7Al" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2563">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--ExchangeRate_iI_pid_uDecimal_c20251231__srt--CurrencyAxis__currency--ILS_fKg_____zqGMjXzj3md5" title="Exchange rate">3.75</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zjRXnvppbZq3" title="Income statement">250</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zyLL1cXedLEe" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2569">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--IncomeStatement_pn3n3_c20250101__20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zZPestdphZia" title="Income statement">(250</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20251231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zMwaXdSxnCa2" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2573">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2024^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90D_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--COP_fKg_____zIhBlZOexMm1" title="Exchange rate">4,580.9</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zrSNLHGISXd3" title="Income statement">(380</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zO5ARa8YNdZ1" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2579">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zlbO95Lkj3g3" title="Income statement">380</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zf6FkzHj692b" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2583">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--MXN_fKg_____z9lhEtsLJSF2" title="Exchange rate">21.31</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zgiqjoq81sL5" title="Income statement">3</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zHJMQgYZ73a" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2589">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_905_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zsKOH2wgiAvk" title="Income statement">(3</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zt4UDmuydPah" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2593">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--USD_fKg_____zkUHrDb2FXWl" title="Exchange rate">1.04</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zGxK1udO8KC8" title="Income statement">(1,132</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_z86xhJIYmMMb" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2599">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zCEKS24NBr13" title="Income statement">1,132</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_znE7pSbjMWe" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2603">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--ARS_fKg_____zflGifjaNBj9" title="Exchange rate">1,072.14</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zsqGXpJ9T00j" title="Income statement">(91</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zgA3s0MlMHol" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2609">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zeRbn5WBLUad" title="Income statement">91</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zffKP2juTd9a" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2613">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20241231__srt--CurrencyAxis__currency--ILS_fKg_____zJzgWA9KDG93" title="Exchange rate">3.79</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zz39o7SZiI05" title="Income statement">141</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_z6vFukRKxYnf" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2619">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--IncomeStatement_pn3n3_c20240101__20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zHGeIT8OyHv7" title="Income statement">(141</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20241231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zy2fTHwnLLc1" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2623">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td colspan="4" style="text-align: center; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity -10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Sensitivity +10%<br/>(in thousands of euros)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Currency</b></td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Exchange rate<br/>12/31/2023^(*)</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Income<br/>statement</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Equity</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; width: 40%">COP/EUR</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90E_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--COP_fKg_____zjwf6PbPtfxb" title="Exchange rate">4,223.37</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_909_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zv3sXSDnd5le" title="Income statement">(197</span></td> <td style="width: 1%; text-align: left; white-space: nowrap">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_90F_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--COP_zPZmfMNGBcSg" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2629">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_905_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zQeTeWhh1FZi" title="Income statement">197</span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--COP_zHnLZSby9gWh" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2633">-</span></span></td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MXN/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90B_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--MXN_fKg_____zdbNEAfd1fE1" title="Exchange rate">18.67</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_z9gGdPHIq3Qj" title="Income statement">606</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_904_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--MXN_zdRa1pxZY6Ue" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2639">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_zwEwiLA4PJKf" title="Income statement">(606</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_906_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--MXN_z92vuWSZ9UMf" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2643">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">USD/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_903_ecustom--ExchangeRate_iI_pid_uDecimal_c20231231__srt--CurrencyAxis__currency--USD_fKg_____z8JG47DliEN6" title="Exchange rate">1.11</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90E_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_zkEekBZtvCZf" title="Income statement">495</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--USD_z343C637xYGa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2649">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_901_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zWhyHEKOpaR7" title="Income statement">(495</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90A_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--USD_zSbVxav1tgg2" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2653">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">ARS/EUR</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20221231__srt--CurrencyAxis__currency--ARS_fKg_____zXDkZ2esA8h2" title="Exchange rate">893.34</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_902_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ARS_zbzWNTLzIqYd" title="Income statement">192</span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zjCgvWhEhcHk" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2659">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zwCxolBST16g" title="Income statement">(192</span></td> <td style="text-align: left; white-space: nowrap">)</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_908_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ARS_zjz90GB2NBl5" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2663">-</span></span></td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">ILS/EUR</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--ExchangeRate_iI_pid_uDecimal_c20221231__srt--CurrencyAxis__currency--ILS_fKg_____zZPNrY4TPybd" title="Exchange rate">4.01</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityOneMember__srt--CurrencyAxis__currency--ILS_zCbfH3TzueU" title="Income statement">12</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_znUgPfQ644Qa" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2669">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--IncomeStatement_pn3n3_c20230101__20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zPwvCW7GXyn1" title="Income statement">(12</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eifrs-full--Equity_iI_pn3n3_c20231231__ifrs-full--ConcentrationsOfRiskAxis__custom--SensitivityTwoMember__srt--CurrencyAxis__currency--ILS_zcKd1G6Vygq" title="Equity"><span style="-sec-ix-hidden: xdx2ixbrl2673">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> </table> 4415.01 -419000 419000 21.09 -789000 789000 1.18 -212000 212000 1709.69 -37000 37000 3.75 250000 -250000 4580.9 -380000 380000 21.31 3000 -3000 1.04 -1132000 1132000 1072.14 -91000 91000 3.79 141000 -141000 4223.37 -197000 197000 18.67 606000 -606000 1.11 495000 -495000 893.34 192000 -192000 4.01 12000 -12000 <p id="xdx_806_eifrs-full--DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_znnettzWLCd9" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: justify"><b>16.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_82C_zA8ghmQNeFN4">COMMITMENTS AND CONTINGENCIES</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online occasionally faces contingencies related to litigation, claims, assessments, regulatory compliance, or tax inspections, such as the one currently underway in Mexico.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Such proceedings can be costly, time-consuming and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings will not materially impact Codere Online’s financial condition or results of operations. Estimated losses are accrued for these proceedings when the loss is probable and can be estimated. While Codere Online maintains insurance coverage that Codere Online believes is adequate to mitigate the risks of such proceedings, no assurance can be given that the amount or scope of existing insurance coverage will be sufficient to cover losses arising from such matters.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The current liability for the estimated losses associated with these proceedings is not material to the consolidated financial condition and those estimated losses are not expected to have a material impact on Codere Online’s results of operations.</p> <p id="xdx_801_ecustom--OtherInformationTextBlock_zE0E4lqfLfOd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: bottom; width: 0in"></td> <td style="vertical-align: top; width: 0.25in; text-align: justify"><b>17.</b></td> <td style="vertical-align: top; text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_820_zC1jhCEYOX5d">OTHER INFORMATION</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Long Term Incentive Plan (“LTIP”)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On February 2, 2022, the Company’s Board approved the terms and conditions of a long-term incentive plan (the “LTIP”), which was approved by the Company’s Shareholders at a meeting held on March 3, 2022. The main objective of the LTIP is to enhance the alignment of senior management and directors with the interests of the Company’s Shareholders and strengthen the retention and motivation of senior management and directors in the long term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The LTIP is primarily for the benefit of certain existing and future senior managers of the Company and the Directors and certain employees and independent contractors providing services to Codere Online from time to time. The beneficiaries will be proposed by the Chief Executive Officer of the Company and will be subject to approval by the Company’s Board. Upon approval by the Company’s Board, such beneficiaries will receive an invitation letter to participate in the LTIP. Beneficiaries will be required to accept the terms of a post-contractual non-compete and non-solicitation agreement to benefit from the terms of the LTIP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Compensation under the LTIP will be based on the beneficiary’s expected role, responsibilities and contribution to the business of the Company, among other things. The LTIP includes compensation in the form of share options, restricted shares, and/or deferred payments payable depending upon the increase in the Company’s equity value and/or deferred payments payable depending upon the Incremental Equity Value (the amount will be determined as soon as possible following year-end 2026). The Incremental Equity Value will be calculated considering the Exercise Equity Value (which will be calculated considering the 2026 Adjusted EBITDA, the Net Financial Debt and the Transaction Value of Codere Online as established in the Company Sale Event), the Base Equity Value (amounting to $<span id="xdx_90F_ecustom--BaseEquityValue_pn3n3_dm_uUSD_c20250101__20251231_zLi32iOpVPwl" title="Base Equity Value">350</span> million) and the Invested Capital from shareholders (less any cash contributions to shareholders, in each case to the extent made after the date of commencement of this Plan and will be capitalized at an annual rate of 8%).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">According to the LTIP Agreement, the termination date of the restricted shares and deferred payments will be March 31, 2027, whereas the share options will terminate on December 31, 2027. The number of share options to be granted will be based on the portion of the Target Compensation tied to this stock option component, a $10.00 exercise price (the “Strike Price”), the Target Share Price and subject to standard anti-dilution protections and adjustment for extraordinary cash dividends.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The restricted shares, share options and deferred payment rights granted to the beneficiaries shall have a 20% vesting per calendar year, considering the applicable start of vesting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Notwithstanding the general 20% per year vesting rule, the following clarifications apply based on employee start dates:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">(i)</td> <td style="text-align: justify">For grants made after January 1, 2022, where the beneficiary was already employed or providing services as of January 1, 2022, the vesting commencement date is deemed to be January 1, 2022.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; text-align: justify">(ii)</td> <td style="text-align: justify">For grants made after January 1, 2022, where the beneficiary joined the Company after January 1, 2022, the vesting schedule is adjusted proportionally to ensure full vesting by December 31, 2026 (i.e., more than 20% per year on average).</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The share options will be exercised at the option of the beneficiary on a cash or cashless basis (subject to the Company’s option to net cash settle) and will not be transferable by the beneficiary at any time. The Company intends to settle the options in shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The number of restricted shares to be granted will be based on the portion of the Target Compensation tied to the restricted share component and a target share price of $20.50 (“Target Share Price”). The restricted shares may also be net cash settled by the Company, although the Company intends to settle them in shares. Share options may be exercised, and restricted shares may be sold, following the later of (i) 90 days from the respective vesting date and (ii) December 31, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Deferred payment rights are measured in USD, and the employee will receive as many shares as are worth to the deferred payment right amount no later than March 31, 2027. The deferred payments rights granted to the beneficiaries shall have a 20% vesting per calendar year and will be paid at the Company’s option in cash or the Company’s Ordinary Shares subject to certain exceptions and acceleration events. The Company intends to settle the deferred payment rights in shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The employer company of each beneficiary will be the one liable for compliance with applicable payroll obligations (income tax withholdings and social security tax withholdings/payments).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The total number of Ordinary Shares issuable to beneficiaries pursuant to the share options and restricted shares shall be limited to 5% of the total number of Ordinary Shares issued and outstanding at the time the LTIP was approved by the Company’s Shareholders. The Company may increase such limit by an amount equivalent to 0.2% of the total number of Ordinary Shares issued and outstanding on each December 31 through the end of the vesting period of the LTIP, to provide for additional capacity to grant awards to additional beneficiaries under the LTIP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Amended Existing Long Term Incentive Plan (“Amended Existing LTIP”)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On November 7, 2024, the Board approved certain amendments to the Company’s existing LTIP with the aim of further enhancing the alignment between management, directors and shareholders by providing additional incentives. The amended existing LTIP (the “Amended Existing LTIP”) was subsequently approved by the Company’s shareholders at the Annual General Meeting held on June 30, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Under the Amended Existing LTIP, participants may receive additional restricted share awards and/or additional deferred payment rights (“DPR”) based on their role, level, business unit and the strategic objectives of the program. No additional stock options are offered under the Amended Existing LTIP. The additional restricted share awards are subject to a three-year vesting period covering the period from January 1, 2024 through December 31, 2026, being the expiration date of the previous existing LTIP’s original five-year term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The total potential payout under the deferred payment right component was increased by an additional $8.5 million, subject to an overall cap of $17.5 million. In addition, the deferred payment right calculation formula was amended, the minimum equity value threshold for eligibility was reduced and the payout mechanism was revised to incorporate a tiered structure. The vesting period for the DPR was also extended to December 31, 2027 (from December 31, 2026). The Amended Existing LTIP further includes provisions governing the treatment of awards in the event of a delisting of the Company’s shares (other than as a result of a regulatory breach). The Company intends to settle the deferred payment rights in shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Additional restrictions include clawback provisions applicable for a two-year period from the vesting date of an award, triggered upon termination for misconduct, fraud, gross negligence or breaches of post-termination restrictive covenants.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The grant of additional restricted shares under the Amended Existing LTIP is subject to Codere Online having an effective Form S-8 registration statement on file with the SEC.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>New Long Term Incentive Plan (“New LTIP”)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On the same date as for the Amended Existing LTIP, November 7, 2024, the Board also approved a new long-term incentive plan (the “New LTIP”) as an additional retention mechanism for senior management and directors. The New LTIP was approved by shareholders at the Annual General Meeting held on June 30, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The New LTIP is a stock option plan covering the 2024–2028 period pursuant to which Codere Online may grant up to 2.6 million stock options to eligible participants. The legal grant date is defined as the date of shareholder approval in respect of awards relating to years 2024 and 2025, and January 1 of each year for awards relating to years 2026 through 2028.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Options are granted at market value on the grant date and vest over a four-year period in annual cliff installments. Notwithstanding this general vesting rule, awards relating to 2024 and 2025 are deemed to have commenced vesting on January 1, 2024, and January 1, 2025, respectively. Although the New LTIP is a five-year plan, its overall term extends through December 31, 2031, to allow full vesting of awards granted in the fifth year. Each stock option has a contractual life of ten years measured from January 1 of the year of grant. Exercise of stock options is subject to Codere Online having an effective Form S-8 registration statement on file with the SEC. The New LTIP also includes clawback provisions permitting recovery of awards for a two-year period following vesting. In certain cases, including senior executive roles, clawback may also be triggered by voluntary resignation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The total number of share options, restricted shares and deferred payments rights to each part of the LTIP, the Amended Existing LTIP and the New LTIP are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2025</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--NumberOfShareOptionsTableTextBlock_pn3n3_zpf6XDSviVB7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8B5_zNYWCDLdIvsl" style="display: none">Disclosure number of share options</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of <br/> share options</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of restricted Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Deferred payments right (USD)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; width: 64%; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total rights as of December 31, 2024</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zTMGyiY7tPu7" title="Total Rights at beginning">933,233</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zwYf3Z8TnTmd" title="Total Rights at beginning">558,867</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_z9HlBVH4Gdv3" title="Total Rights at beginning">8,903,209</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Awarded during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zW641uN2Ere3" title="Awarded during the period">1,005,000</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zMVEa1Lwy3p7" title="Awarded during the period"><span style="-sec-ix-hidden: xdx2ixbrl2695">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zUV0ANMijqZi" title="Awarded during the period">7,725,000</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Issued during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_z0WPQyFXIvDl" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2699">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zDffGf2pqETg" title="Issued during the period">(149,639</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zgbz7hzYH9z8" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2703">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash settled during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zvrzT0ydgPy7" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2705">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zelZieAYkXD9" title="Cash settled during the period">(46,511</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_z1HragMQQjph" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2709">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Exercised during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zu1xT5WZ9Wdc" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2711">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zfPvUHzzNfv" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2713">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zBeB5MnQRRli" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2715">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Forfeited during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zMZKpQz1cqT1" title="Forfeited during the period">(44,625</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zkKRcpmDYMOl" title="Forfeited during the period">(41,034</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zFzB1p1pSUJi" title="Forfeited during the period">(423,598</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total rights as of December 31, 2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_909_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zHh3kmma9La8" title="Total Rights at ending">1,893,608</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zLrn2eRdsyVl" title="Total Rights at ending">321,683</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_904_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zX6oWOXBVyI8" title="Total Rights at ending">16,204,611</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-style: italic; vertical-align: top"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90E_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zDOj9ZLqyhi2" title="Vested">1,126,595</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_902_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zS2z97gPr4o5" title="Vested">179,147</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_906_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zetdOy28bim7" title="Vested">1,744,954</span></i></td> <td style="text-align: left"><i>*</i></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-style: italic; vertical-align: top"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zgivSNl8QL9f" title="Unvested">767,013</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90D_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zruHjAYo2cLf" title="Unvested">142,536</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_fKg_____zDisC0ZyFzzk" title="Unvested">14,459,657</span></i></td> <td style="text-align: left"><i> </i></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F05_zlAjqYMZLSS7" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F1A_zTdElXhtu39l" style="text-align: justify">For the beneficiaries who accepted the Amended Existing LTIP, all DPR awards scheduled to vest in 2025 were treated as entirely unvested. Unlike the LTIP, which provided pro-rata vesting for all leavers, the Amended Existing LTIP restricts pro-rata vesting solely to participants meeting the good leaver criteria.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of <br/>share options</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of restricted Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Deferred payments right (USD)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt; width: 64%"><b>Total rights as of December 31, 2023</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zmJMJS39qVx6" title="Total Rights at beginning">1,031,893</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zoycNkm7RW1" title="Total Rights at beginning">787,874</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zslOfzF9EzDg" title="Total Rights at beginning">8,813,162</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Awarded during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zVOV0mQkFQB6" title="Awarded during the period">15,567</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcxKNk0zNdij" title="Awarded during the period">7,974</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zgyjWzDUjOz2" title="Awarded during the period">163,458</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Issued during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zYRa8lAtjlwb" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2754">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zca14PaJwEm1" title="Issued during the period">(193,275</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zwcro04DVC2k" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2758">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Cash settled during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_ze2LKuqTxYrh" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2760">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zC6putAXhLPb" title="Cash settled during the period">(1,529</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zI1oEUY9Don9" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2764">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Exercised during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zP8gLQPRKUg3" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2766">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_z8eJO1rtBBKg" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2768">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zW1tw9d8voYj" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2770">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zAJPxXmSoAPf" title="Forfeited during the period">(114,227</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zNzmCbyVx8i2" title="Forfeited during the period">(42,177</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zkmxjSHMzNc9" title="Forfeited during the period">(73,411</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total rights as of December 31, 2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90C_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zvbk6GVWRnF2" title="Total Rights at ending">933,233</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_906_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zSnQjrnWNiQf" title="Total Rights at ending">558,867</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90B_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zwGrE8I9TzQ7" title="Total Rights at ending">8,903,209</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_907_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_z6YQWyEUzYX1" title="Vested">566,326</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_902_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zBSWftNSIelj" title="Vested">196,150</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_909_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zp7fXENkHYv1" title="Vested">5,330,973</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_znm1zCtRaD0k" title="Unvested">366,907</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_907_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_z9xfRkNCmsya" title="Unvested">362,717</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90B_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zvLaMt3JKTv8" title="Unvested">3,572,236</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2023</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of <br/>share options</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of restricted Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Deferred payments right (USD)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt; width: 64%"><b>Total rights as of December 31, 2022</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_906_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_ztiNuiLiWRLf" title="Total Rights at beginning">903,955</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcYQ9120d2hb" title="Total Rights at beginning">899,918</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_903_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zZXVybbUkRT5" title="Total Rights at beginning">8,792,426</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Awarded during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zzzHJrgwLZt3" title="Awarded during the period">158,637</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zpO7duJ1QeM7" title="Awarded during the period">81,254</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_ztDYFQoyyEh1" title="Awarded during the period">313,242</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Issued during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zqHQPNwJsaCc" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2808">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zgfJ5Y1lSlU4" title="Issued during the period">(175,944</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zyPdo5JtXjH6" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2812">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Cash settled during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zVZhUZ42e7q4" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2814">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zs2sDGXZH7gd" title="Cash settled during the period">(3,084</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zvoh14gOn3R6" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2818">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Exercised during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zOpwDCrn08gh" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2820">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zWK0KrFhQRL" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2822">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zJdd5HuYa0ak" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2824">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zwFchxL65lN7" title="Forfeited during the period">(30,699</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zb2aCEpMvMYc" title="Forfeited during the period">(14,270</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zHDXqscdrbNa" title="Forfeited during the period">(292,506</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total rights as of December 31, 2023</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zlDwODtvjnil" title="Total Rights at ending">1,031,893</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90E_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zsOP0qhF9h05" title="Total Rights at ending">787,874</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zGVWTmWb1vh4" title="Total Rights at ending">8,813,162</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_903_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zJxqVv1gKLKd" title="Vested">388,779</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_904_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zBklDgJRmB0j" title="Vested">194,804</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_903_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zkN47ZvFNWd7" title="Vested">3,530,831</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_900_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zcc6vyOLuMPi" title="Unvested">643,114</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_906_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcS6BWNPkRU4" title="Unvested">593,070</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90C_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zyWXU7RvwF52" title="Unvested">5,282,331</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> </table> <p id="xdx_8A8_zgb8KnNutLV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The fair value of the equity instruments granted under the LTIP has been determined using a Monte Carlo simulation valuation model as of each of the grant dates, considering the conditions determined in the LTIP Agreement, and the following assumptions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureAssumptionsConsideringTableTextBlock_pn3n3_zjksohmXVrYg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details 1)"> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><span id="xdx_8B9_zHV4iKZcoZK3" style="display: none">Disclosure assumptions considering</span></td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td style="vertical-align: bottom; text-align: left"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 76%">Forecast share price volatility (annualized)</td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 21%"><span id="xdx_900_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20250101__20251231__ifrs-full--RangeAxis__srt--MinimumMember_zcIhwK6zaN0l" title="Forecast share price volatility (annualized)">49.06%</span> – <span id="xdx_904_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20250101__20251231__ifrs-full--RangeAxis__srt--MaximumMember_zxfT4Iyo6rK8" title="Forecast share price volatility (annualized)">49.17%</span></td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected term (years)</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_904_ecustom--ExpectedTermYears_dtY_c20250101__20251231_zFimLDDtBGE" title="Expected term (years)">5.00</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected dividend yield</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_908_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_c20250101__20251231_zflnAHBncygf" title="Expected dividend yield">0.00%</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Risk-free interest rate</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90C_ecustom--RiskfreeInterestRateDecription_c20250101__20251231_zPkSF9F4wFxe" title="Risk-free interest rate">U.S. Sovereign Bond yield</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Additionally, the fair value of the equity instruments granted as part of the New LTIP Agreement has been determined using a Black-Scholes simulation valuation model as of each of the grant dates, considering the conditions determined in the New LTIP Agreement, and the following assumptions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details 1)"> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 76%">Forecast share price volatility (annualized)</td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 21%"><span id="xdx_908_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20240101__20241231_zcP9kKOqM79l" title="Forecast share price volatility (annualized)">50.25%</span></td> <td style="width: 1%"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected term (years)</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90E_ecustom--ExpectedTermYears_dtY_c20240101__20241231__ifrs-full--RangeAxis__srt--MinimumMember_zqsqXSsc4ilb" title="Expected term (years)">5.50</span> to <span id="xdx_90C_ecustom--ExpectedTermYears_dtY_c20240101__20241231__ifrs-full--RangeAxis__srt--MaximumMember_zH0wAAoNK1Ue" title="Expected term (years)">6.50</span></td> <td> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected dividend yield</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_909_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_c20250101__20251231_zsFxVjDoIaka" title="Expected dividend yield">0.00%</span></td> <td> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Risk-free interest rate</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_903_ecustom--RiskfreeInterestRateDecription_c20240101__20241231_zKjz4WBl4z6l" title="Risk-free interest rate">U.S. Sovereign Bond yield</span></td> <td> </td> </tr> </table> <p id="xdx_8A1_zGbPKUYx0t1b" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Due to the limited liquidity of the Company trading shares, expected share price volatility has been determined based on the average historical standard volatility of a group of selected peers, considering a 5-year period, matching the applicable LTIP tenor.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Fair value of restricted shares</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The fair value of restricted shares has been calculated as the number of estimated vested instruments multiplied by the grant-date fair value per restricted share. The number of estimated vested instruments is based on the awards granted to each beneficiary’s invitation letter, and the expected share value has been determined based on the aforementioned Monte Carlo simulation and the valuation inputs previously described.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Fair value of stock options</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The fair value of stock options, which may be converted into the Company’s Ordinary shares at a previously specified price during a defined time period, has been calculated by multiplying the number of granted stock options by the grant-date fair value per option. To determine the value of stock options at each grant date, the Company used the expected share price evolution derived from the Monte Carlo simulation model under the LTIP and the Black-Scholes simulation model under the New LTIP. Option value consists of intrinsic value, which is the difference between the underlying share price and the option exercise price if positive, and time value, which reflects the possibility that the option may gain intrinsic value in the future. Based on the expected share price evolution, the Company’s stock options had only time value at each grant date, as the underlying share price was below the $10.00 per share exercise price under the LTIP. Under the New LTIP, the exercise price of each option is determined as the greater of (i) the market value of an ordinary Share on the grant date ($8.49 per share for Year 1 and Year 2 awards) and (ii) the nominal value of an Ordinary Share on the grant date (€1.00 per share). Based on the expected share price evolution, the stock options had time and intrinsic value at each grant date, as the underlying share price was close to the exercise price under the New LTIP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Deferred payment rights</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Deferred payment rights are subject to a non-market performance condition based on the evolution of the Company’s EBITDA during the Sub-Plan’s term, linked to EBITDA and net financial debt. However, the number of shares to be delivered can be estimated based on expected EBITDA performance in line with the Company’s business plan, which may be revised until the settlement date. Accordingly, the Company’s business plan is the primary input used to determine the preliminary number of shares to be delivered to beneficiaries under the Sub-Plans. For the purpose of determining the fair value of the deferred payment rights, a payout rate of 47.2% has been assumed for the deferred payment rights under the LTIP, and 100% for the DPR under the Amended Existing LTIP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Termination, forfeiture and clawback provisions</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Except in the case of a termination for Cause (as defined in the Amended Existing LTIP and the New LTIP), in which case all awards, whether vested or unvested, are forfeited, participants who cease to be employed by or provide services to Codere Online will retain vested awards only to the extent, and for the period, provided under the applicable LTIP. Any awards that remain unexercised or unvested after that period will be forfeited. Awards may also be subject to clawback or reduction (malus) in certain circumstances, including if a participant breaches post-termination, non-compete, non-solicitation obligations, or as requited by applicable law. Participants who qualify as “good leavers” will retain their vested awards as of the termination date and, with respect to stock options, will generally have 90-days to exercise such vested options.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The conditions defining bad leavers and good leavers have been revised under the Amended Existing LTIP and New LTIP. These changes alter the treatment of unvested and vested rights upon termination of employment or service, replacing prior arrangements and aligning the plans with the Company’s retention objectives.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Under the Amended Existing LTIP and New LTIP, the incentives granted to the beneficiaries are forfeited if they qualify as a bad leaver. Indeed, just for the Amended Existing LTIP, a bad leaver may only keep vested restricted shares and share options until the end of the calendar year prior to the termination date. If they were bad leavers that was terminated due to cause, then all awards are forfeited.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Vesting terms</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Vesting depends on the applicable plan and type of award. Under the New LTIP, awards vest over time, at a rate of 25% per year. Under the Amended Existing LTIP, restricted shares fully vest on December 31,2026, while deferred payment rights continue to vest until December 31, 2027. Under the Amended Existing LTIP, pro rata vesting of deferred payment rights applies exclusively to good leavers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">To the extent permitted by applicable law, the Company may provide loans to participants to cover certain taxes due in connection with awards under the LTIP, the Amended Existing LTIP and the New LTIP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The LTIP, the Amended Existing LTIP and the New LTIP are subject to the mandatory employment and labor laws applicable in each jurisdiction where participants perform their work under the plan, although a significant portion of compensation under these plans is awarded to beneficiaries located in Spain. The components of these plans may be subject to additional terms and conditions depending on the participant’s location of the beneficiary.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Codere Online recognizes the expense associated with the LTIP, the Amended Existing LTIP and the New LTIP using the accelerated vesting method, in line with IFRS 2. This approach treats each vesting tranche as a separate award with its own fair value, and expense is recognized over the respective vesting periods of each tranche.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">For the years ended December 31, 2025, 2024, and 2023, the impact of their applicable LTIP plans was recorded in the consolidated statements of operations as personnel expenses amounting to €<span id="xdx_90D_ecustom--IncomeLossAsPersonnelExpenses_pn3n3_c20250101__20251231_zyTt7pYkG0ti" title="Income (Loss) as personnel expenses">6,028</span> thousand, €<span id="xdx_903_ecustom--IncomeLossAsPersonnelExpenses_pn3n3_c20240101__20241231_zO66GzdjRcGa" title="Income (Loss) as personnel expenses">1,858</span> thousand, and €<span id="xdx_90F_ecustom--IncomeLossAsPersonnelExpenses_pn3n3_c20230101__20231231_z8QGmd7KZf15" title="Income (Loss) as personnel expenses">2,246</span> thousand, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>Repurchases under the Share Buyback Plan</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The Company had repurchased $<span id="xdx_90A_eifrs-full--Cash_iI_pn3n3_dm_uUSD_c20251231_zKHbUvcyqRR8" title="Cash">2.7</span> million (€2.4 million) of the Company’s shares under its authorized share buyback plan during the year ended December 31, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">The plan had an authorized total investment of $<span id="xdx_904_ecustom--Investment_iI_pn3n3_dm_uUSD_c20251231_zzWJgeEhcDj9" title="Investment">5.0</span> million, which the Board increased to $<span id="xdx_902_ecustom--OtherInvestment_iI_pn3n3_dm_uUSD_c20251231_zxnUgJwEuOFf" title="Other investment">7.5</span> million in November 2025. In the December 1, 2025, Extraordinary General Meeting, the Company obtained shareholder approval to extend its expiration from March 3, 2026 to December 31, 2026.</p> 350000000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--NumberOfShareOptionsTableTextBlock_pn3n3_zpf6XDSviVB7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8B5_zNYWCDLdIvsl" style="display: none">Disclosure number of share options</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of <br/> share options</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of restricted Shares</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Deferred payments right (USD)</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; width: 64%; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total rights as of December 31, 2024</td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_906_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zTMGyiY7tPu7" title="Total Rights at beginning">933,233</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zwYf3Z8TnTmd" title="Total Rights at beginning">558,867</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="width: 1%; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; font-weight: bold; text-align: right"><span id="xdx_90B_ecustom--TotalRights_iS_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_z9HlBVH4Gdv3" title="Total Rights at beginning">8,903,209</span></td> <td style="width: 1%; padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Awarded during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zW641uN2Ere3" title="Awarded during the period">1,005,000</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zMVEa1Lwy3p7" title="Awarded during the period"><span style="-sec-ix-hidden: xdx2ixbrl2695">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--Awarded_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zUV0ANMijqZi" title="Awarded during the period">7,725,000</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Issued during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_z0WPQyFXIvDl" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2699">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zDffGf2pqETg" title="Issued during the period">(149,639</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--Issued_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zgbz7hzYH9z8" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2703">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Cash settled during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zvrzT0ydgPy7" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2705">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zelZieAYkXD9" title="Cash settled during the period">(46,511</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--CashSettled_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_z1HragMQQjph" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2709">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Exercised during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zu1xT5WZ9Wdc" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2711">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zfPvUHzzNfv" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2713">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--Exercised_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zBeB5MnQRRli" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2715">-</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Forfeited during the period</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zMZKpQz1cqT1" title="Forfeited during the period">(44,625</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zkKRcpmDYMOl" title="Forfeited during the period">(41,034</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--Forfeited_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zFzB1p1pSUJi" title="Forfeited during the period">(423,598</span></td> <td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; padding-bottom: 1pt; vertical-align: top">Total rights as of December 31, 2025</td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_909_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zHh3kmma9La8" title="Total Rights at ending">1,893,608</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_90A_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zLrn2eRdsyVl" title="Total Rights at ending">321,683</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><span id="xdx_904_ecustom--TotalRights_iE_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zX6oWOXBVyI8" title="Total Rights at ending">16,204,611</span></td> <td style="padding-bottom: 1pt; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-style: italic; vertical-align: top"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90E_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zDOj9ZLqyhi2" title="Vested">1,126,595</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_902_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zS2z97gPr4o5" title="Vested">179,147</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_906_ecustom--Vested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zetdOy28bim7" title="Vested">1,744,954</span></i></td> <td style="text-align: left"><i>*</i></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in; font-style: italic; vertical-align: top"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zgivSNl8QL9f" title="Unvested">767,013</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90D_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zruHjAYo2cLf" title="Unvested">142,536</span></i></td> <td style="text-align: left"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_fKg_____zDisC0ZyFzzk" title="Unvested">14,459,657</span></i></td> <td style="text-align: left"><i> </i></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F05_zlAjqYMZLSS7" style="width: 0.25in; text-align: left">*</td> <td id="xdx_F1A_zTdElXhtu39l" style="text-align: justify">For the beneficiaries who accepted the Amended Existing LTIP, all DPR awards scheduled to vest in 2025 were treated as entirely unvested. Unlike the LTIP, which provided pro-rata vesting for all leavers, the Amended Existing LTIP restricts pro-rata vesting solely to participants meeting the good leaver criteria.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2024</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of <br/>share options</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of restricted Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Deferred payments right (USD)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt; width: 64%"><b>Total rights as of December 31, 2023</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zmJMJS39qVx6" title="Total Rights at beginning">1,031,893</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zoycNkm7RW1" title="Total Rights at beginning">787,874</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zslOfzF9EzDg" title="Total Rights at beginning">8,813,162</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Awarded during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zVOV0mQkFQB6" title="Awarded during the period">15,567</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcxKNk0zNdij" title="Awarded during the period">7,974</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_900_ecustom--Awarded_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zgyjWzDUjOz2" title="Awarded during the period">163,458</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Issued during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zYRa8lAtjlwb" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2754">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zca14PaJwEm1" title="Issued during the period">(193,275</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Issued_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zwcro04DVC2k" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2758">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Cash settled during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_ze2LKuqTxYrh" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2760">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90B_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zC6putAXhLPb" title="Cash settled during the period">(1,529</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--CashSettled_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zI1oEUY9Don9" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2764">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Exercised during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zP8gLQPRKUg3" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2766">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_909_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_z8eJO1rtBBKg" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2768">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_902_ecustom--Exercised_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zW1tw9d8voYj" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2770">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_908_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zAJPxXmSoAPf" title="Forfeited during the period">(114,227</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zNzmCbyVx8i2" title="Forfeited during the period">(42,177</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zkmxjSHMzNc9" title="Forfeited during the period">(73,411</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total rights as of December 31, 2024</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90C_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zvbk6GVWRnF2" title="Total Rights at ending">933,233</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_906_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zSnQjrnWNiQf" title="Total Rights at ending">558,867</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90B_ecustom--TotalRights_iE_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zwGrE8I9TzQ7" title="Total Rights at ending">8,903,209</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_907_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_z6YQWyEUzYX1" title="Vested">566,326</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_902_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zBSWftNSIelj" title="Vested">196,150</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_909_ecustom--Vested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zp7fXENkHYv1" title="Vested">5,330,973</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_901_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_znm1zCtRaD0k" title="Unvested">366,907</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_907_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_z9xfRkNCmsya" title="Unvested">362,717</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90B_ecustom--Unvested_pid_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zvLaMt3JKTv8" title="Unvested">3,572,236</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"><b>12/31/2023</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of <br/>share options</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Number of restricted Shares</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Deferred payments right (USD)</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt; width: 64%"><b>Total rights as of December 31, 2022</b></td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_906_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_ztiNuiLiWRLf" title="Total Rights at beginning">903,955</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_905_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcYQ9120d2hb" title="Total Rights at beginning">899,918</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; width: 9%; text-align: right"><b><span id="xdx_903_ecustom--TotalRights_iS_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zZXVybbUkRT5" title="Total Rights at beginning">8,792,426</span></b></td> <td style="width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Awarded during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zzzHJrgwLZt3" title="Awarded during the period">158,637</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zpO7duJ1QeM7" title="Awarded during the period">81,254</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Awarded_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_ztDYFQoyyEh1" title="Awarded during the period">313,242</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Issued during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90E_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zqHQPNwJsaCc" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2808">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zgfJ5Y1lSlU4" title="Issued during the period">(175,944</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Issued_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zyPdo5JtXjH6" title="Issued during the period"><span style="-sec-ix-hidden: xdx2ixbrl2812">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Cash settled during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zVZhUZ42e7q4" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2814">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_903_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zs2sDGXZH7gd" title="Cash settled during the period">(3,084</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--CashSettled_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zvoh14gOn3R6" title="Cash settled during the period"><span style="-sec-ix-hidden: xdx2ixbrl2818">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Exercised during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90D_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zOpwDCrn08gh" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2820">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zWK0KrFhQRL" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2822">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_ecustom--Exercised_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zJdd5HuYa0ak" title="Exercised during the period"><span style="-sec-ix-hidden: xdx2ixbrl2824">-</span></span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Forfeited during the period</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zwFchxL65lN7" title="Forfeited during the period">(30,699</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_907_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zb2aCEpMvMYc" title="Forfeited during the period">(14,270</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_ecustom--Forfeited_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zHDXqscdrbNa" title="Forfeited during the period">(292,506</span></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt"><b>Total rights as of December 31, 2023</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zlDwODtvjnil" title="Total Rights at ending">1,031,893</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_90E_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zsOP0qhF9h05" title="Total Rights at ending">787,874</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><b><span id="xdx_902_ecustom--TotalRights_iE_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zGVWTmWb1vh4" title="Total Rights at ending">8,813,162</span></b></td> <td style="text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="background-color: #FFFFFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Vested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_903_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zJxqVv1gKLKd" title="Vested">388,779</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_904_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zBklDgJRmB0j" title="Vested">194,804</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_903_ecustom--Vested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zkN47ZvFNWd7" title="Vested">3,530,831</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> <tr style="background-color: #CCEEFF; vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><i>Unvested</i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_900_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--ShareOptionsMember_zcc6vyOLuMPi" title="Unvested">643,114</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_906_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--RestrictedSharesMember_zcS6BWNPkRU4" title="Unvested">593,070</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> <td><i> </i></td> <td style="text-align: left"><i> </i></td> <td style="text-align: right"><i><span id="xdx_90C_ecustom--Unvested_pid_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__custom--DeferredPaymentsRightMember_zyWXU7RvwF52" title="Unvested">5,282,331</span></i></td> <td style="text-align: left; white-space: nowrap"><i> </i></td> </tr> </table> 933233 558867 8903209 1005000 7725000 -149639 -46511 -44625 -41034 -423598 1893608 321683 16204611 1126595 179147 1744954 767013 142536 14459657 1031893 787874 8813162 15567 7974 163458 -193275 -1529 -114227 -42177 -73411 933233 558867 8903209 566326 196150 5330973 366907 362717 3572236 903955 899918 8792426 158637 81254 313242 -175944 -3084 -30699 -14270 -292506 1031893 787874 8813162 388779 194804 3530831 643114 593070 5282331 <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureAssumptionsConsideringTableTextBlock_pn3n3_zjksohmXVrYg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details 1)"> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><span id="xdx_8B9_zHV4iKZcoZK3" style="display: none">Disclosure assumptions considering</span></td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td style="vertical-align: bottom; text-align: left"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 76%">Forecast share price volatility (annualized)</td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 21%"><span id="xdx_900_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20250101__20251231__ifrs-full--RangeAxis__srt--MinimumMember_zcIhwK6zaN0l" title="Forecast share price volatility (annualized)">49.06%</span> – <span id="xdx_904_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20250101__20251231__ifrs-full--RangeAxis__srt--MaximumMember_zxfT4Iyo6rK8" title="Forecast share price volatility (annualized)">49.17%</span></td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected term (years)</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_904_ecustom--ExpectedTermYears_dtY_c20250101__20251231_zFimLDDtBGE" title="Expected term (years)">5.00</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected dividend yield</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_908_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_c20250101__20251231_zflnAHBncygf" title="Expected dividend yield">0.00%</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Risk-free interest rate</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90C_ecustom--RiskfreeInterestRateDecription_c20250101__20251231_zPkSF9F4wFxe" title="Risk-free interest rate">U.S. Sovereign Bond yield</span></td> <td style="vertical-align: bottom; text-align: left"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Additionally, the fair value of the equity instruments granted as part of the New LTIP Agreement has been determined using a Black-Scholes simulation valuation model as of each of the grant dates, considering the conditions determined in the New LTIP Agreement, and the following assumptions:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - OTHER INFORMATION (Details 1)"> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 76%">Forecast share price volatility (annualized)</td> <td style="vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left; width: 1%"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 21%"><span id="xdx_908_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20240101__20241231_zcP9kKOqM79l" title="Forecast share price volatility (annualized)">50.25%</span></td> <td style="width: 1%"> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected term (years)</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_90E_ecustom--ExpectedTermYears_dtY_c20240101__20241231__ifrs-full--RangeAxis__srt--MinimumMember_zqsqXSsc4ilb" title="Expected term (years)">5.50</span> to <span id="xdx_90C_ecustom--ExpectedTermYears_dtY_c20240101__20241231__ifrs-full--RangeAxis__srt--MaximumMember_zH0wAAoNK1Ue" title="Expected term (years)">6.50</span></td> <td> </td> </tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Expected dividend yield</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_909_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_c20250101__20251231_zsFxVjDoIaka" title="Expected dividend yield">0.00%</span></td> <td> </td> </tr> <tr style="background-color: White"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Risk-free interest rate</td> <td style="vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right"><span id="xdx_903_ecustom--RiskfreeInterestRateDecription_c20240101__20241231_zKjz4WBl4z6l" title="Risk-free interest rate">U.S. Sovereign Bond yield</span></td> <td> </td> </tr> </table> 0.4906 0.4917 P5Y 0.0000 U.S. Sovereign Bond yield 0.5025 P5Y6M P6Y6M 0.0000 U.S. Sovereign Bond yield 6028000 1858000 2246000 2700000 5000000.0 7500000 <p id="xdx_805_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_zIuh1o2yxEs3" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left"><b>18.</b></td> <td style="text-align: justify"><b><span style="text-decoration: underline"><span id="xdx_821_zANpQd012Ql5">EVENTS AFTER THE REPORTING DATE</span></span></b></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">In 2026, Codere Online issued <span id="xdx_90E_eifrs-full--NumberOfSharesIssued_iI_pid_c20251231__srt--CounterpartyNameAxis__custom--LTIPMember_zXPDupnclA58" title="Shares issued">141,367</span> shares (net of <span id="xdx_900_eifrs-full--DilutiveEffectOfRestrictedShareUnitsOnWeightedAverageNumberOfOrdinaryShares_pid_c20250101__20251231__srt--CounterpartyNameAxis__custom--LTIPMember_z8XKU8XPSF83" title="Number of vested restricted shares">37,780</span> shares withheld to cover withholding taxes), therefore the number of issued and outstanding Ordinary Shares increased to <span id="xdx_909_ecustom--OrdinarySharesOutstanding_pid_c20260101__20260331__srt--CounterpartyNameAxis__custom--LTIPMember_ztvTZT9mhrzf" title="Ordinary shares outstanding">45,391,179</span> as of April 20, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">On December 18, 2025, the Board of Directors approved the grant of Year 3 awards under the New LTIP, which amounted to <span id="xdx_90D_ecustom--ExercisePrice_iI_pid_c20251231__srt--CounterpartyNameAxis__custom--LTIPMember_zXdN8x7szq87" title="Exercise price">620,000</span> share options. Pursuant to the terms of the New LTIP, these awards were deemed granted as of January 1, 2026, with vesting in four annual cliff instalments in each of January 1, 2027, 2028, 2029 and 2030. The exercise price of each option is $<span id="xdx_901_ecustom--ExercisePrice_iI_pid_c20251231_zC3peODHxHed" title="Exercise price">8.03 </span>per share (closing share price as of December 31, 2025) and they have a ten-year contractual life from the grant date, expiring on January 1, 2036. Exercising of these options is subject to the Company having an effective S-8 registration statement with the U.S. Securities and Exchange Commission.</p> 141367 37780 45391179 620000 8.03 1% directly through SEJO and 96% indirectly through Codere Online’s 95% ownership of Codere Online Argentina, S.A. The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: year-end rates for statement of financial position and average rates for statement of operations. These figures are not presented in thousands of euros. The difference between the depreciation expense disclosed in Note 6 and Note 13 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations. The difference between the amounts presented herein and the depreciation expense disclosed in Note 5 and the amortization expense in Note 6 arises from using different FX rates: period-end rates for statement of financial position and average rates for statement of operations. For the beneficiaries who accepted the Amended Existing LTIP, all DPR awards scheduled to vest in 2025 were treated as entirely unvested. Unlike the LTIP, which provided pro-rata vesting for all leavers, the Amended Existing LTIP restricts pro-rata vesting solely to participants meeting the good leaver criteria.