Details of inventories at 31 December 2025 and 2024 are as follows:

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Grifols maintains insurance policies to mitigate potential risks of material damage to inventories.

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Movement in the inventory provision was as follows:

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The Group has entered into unconditional purchase commitments in the ordinary course of business. These commitments include legally binding agreements to acquire goods, which specify all relevant terms such as: fixed or minimum quantities to be purchased, fixed, minimum or variable pricing conditions, and the approximate timing of the transaction. Agreements that can be cancelled at any time without penalty are excluded from these commitments. The total amount of the Group’s unconditional purchase commitments is as follows:

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