Press releases

2021-01-25 Tomaso Tommasi di Vignano The Group, after gaining recognition as the best company in Italy in 2020, has once again obtained this certification of excellence in managing human resources. This comes as a reward for its strategy focused on people, with investments in welfare, training and diversity, with an organisation promoting agility in work and digitalisation. A company's workers are the true key to its success. The Hera Group knows this well, and continues to dedicate resources, attention and commitment to its team of over 9,000 employees. And the results are clear to all, as is shown by Top Employer, an international certification of excellence in human resource management, awarded to Hera in 2021 as well, for the 12th consecutive year. This recognition comes from the Holland-based Top Employer Institute, which carries out research on the quality of human resource management, examining over 1,600 businesses. Hera, recognised as the best company in 2020, has once again been certified as a Top Employer for its business strategies, in which attention towards human resources has always been fundamental, thanks to its best practices regarding welfare, working conditions, development and training, diversity and innovation. The Group, indeed, puts people at the centre of its policies, with processes designed from the outset to fit its employees and to increase and innovate their skills, guaranteeing paths in mobility and development and favouring self-learning. The Group also stands out for its organisational methods, which promote worker agility and digitalisation, with a smart working project launched in 2017 that created the bases to effectively face the emergency that struck our country, with no effect on service quality and efficiency, protecting at the same time the health and safety of its employees and customers. In 2020, Hera immediately introduced a range of measures that ensured it would remain close to its workers: from upgrading technological tools favouring collaboration and communication among employees, to redesigning training in order to meet new obligations concerning remote work, and setting in place a Covid-19 insurance policy for its employees, with all expenses covered by the company. Hera's most outstanding human resource policies include Hextra, the integrated corporate welfare plan intended for all Group employees, investments for which reached 4.5 million euro in 2020 alone. The Group also offers its employees campaigns aimed at awareness, prevention, cure, overall wellbeing and education. Hera has also confirmed its ranking among the leading Italian businesses that invest in their employees' personal and professional development, with 26 hours of training per capita each year and a total of roughly 236,000 hours provided, thanks to investments coming to approximately 2 million euro. In this area, a fundamental role is played by HerAcademy, the Group's corporate university that allows it to communicate with businesses and the main local institutions. Furthermore, through the Hera Educational set of initiatives, the Group constantly reinforces its role in the area served, consolidating its partnerships with various figures in the educational system. Lastly, a special focus goes to sustainability and guaranteeing equal opportunity, inclusion and diversity valorisation. This is proved by the Group's presence in the 2020 Refinitiv "Diversity & Inclusion Index" 2020 (formerly Thomson Reuters) and its entrance in the 2020 "Bloomberg Gender-Equality Index". In November 2020, as regards ESG factors, which also cover human resource management and development, Hera was recognised as "Industry leader" and included in the Dow Jones Sustainability Index World and Europe, one of the most authoritative stock market indices evaluating social responsibility, which brings together the companies showing the best sustainability performances in the world. "We are proud to receive this certification in 2021 as well, which attests once again to the investments we make in human resources", states the Hera Group's Executive Chairman, Tomaso Tommasi di Vignano. "This recognition is all the more significant in a complex period such as the present, where we have proven our ability to react to difficulties and show resilience, obtaining quality in our results, aiming at sustainability and creating value for stakeholders and the area served. We have reached this goal thanks to the work done by all our employees, and we wish to continue investing in them, providing wellbeing, training and development, and offering the best possible working conditions within an inclusive and participative context". Tomaso Tommasi di Vignano Press release Hera a Top Employer for the 12th time.pdf 2015-11-12 10:41:00 top_employer_2021_110x150.1611570319.png

2021-01-22 sede Hera Corporate events CALENDAR OF CORPORATE EVENTS (*) In accordance with art. 2.6.2 (Required Reporting) of the “Rules of the markets organised and managed by Borsa Italiana S.p.A.", please find below our annual calendar of corporate events: 24 March 2021 - Meeting of the Board of Directors to approve the previous year's preliminary financial statements. 28 April 2021 - Shareholders' Meeting to approve the previous year's financial statements. 12 May 2021 - Meeting of the Board of Directors to approve additional financial information for the period ending on 31 March 2021. 28 July 2021 - Meeting of the Board of Directors to approve the half-year financial report as at 30 June 2021. 10 November 2021 - Meeting of the Board of Directors to approve additional financial information for the period ending on 30 September 2021. The Board of Directors, as communicated for the previous financial year and in line with the past, in order to guarantee regularity in the information provided to the financial market and investors, has decided to continue preparing and publishing this information quarterly, on a voluntary basis and in line with current regulations. (*) barring changes Sede Hera Press release calendar of corporate events.pdf 2015-11-12 09:36:00 Corporate events

2020-12-30 Sede Hera The Hera Group hereby communicates that, as of 1 January 2021, Mr. Roberto Barilli, General Manager of Operations for Hera S.p.A., will leave his office for retirement. The General Operations Management has been eliminated and the Hera Group’s internal organisation has been modified accordingly. The Board of Directors has expressed its warmest thanks to Mr. Barilli, who worked for Hera S.p.A. as of its establishment, for his significant contribution over the years, acting alongside the top level of administration and the entire management. Press release General Manager Operations Resignation.pdf 2015-11-12 17:48:00 Sede Hera

2020-11-26 Strong interest shown by investors towards a bond financing the Group’s projects, with orders amounting to over 2 billion. This positive reaction was fuelled by the Group’s solidity and its high sustainability profile, as recognised by its recent inclusion in the Dow Jones Sustainability Index. Sede Hera The Hera Group has successfully placed a bond for qualified investors on the Eurobond market, with a nominal amount coming to 500 million euro and a 10-year maturity. This new issue immediately met with strong interest from investors in all main European countries. In a single day, orders were indeed received for 4 times the offer. Due to the quantity and quality of the orders received, the price was set at an excellent rate, equal to the Mid Swap Rate +60 basis points, and a coupon coming to 0.25%, the lowest amount for an Italian corporate bond with an equal length to maturity. The notes will be issued as part of the Euro Medium Term Notes Programme (updated on 24 November 2020 increasing to 3.5 billion euro the maximum principal amount of notes that may be simultaneously outstanding) and will be listed on the regulated market of the Irish Stock Exchange (Euronext Dublin) with a return set at 0.348%. The settlement is scheduled for 3 December 2020. The notes are expected to have the same rating as the Hera Group: Moody’s rating Baa2 with a stable outlook and Standard & Poor’s rating BBB with a positive outlook. The proceeds of the bond will be used to finance the Group’s investments in the waste management, water and energy sectors, which will introduce innovative interventions that follow up on the attention towards sustainability that has always characterized the Group’s activities. Sustainability and the Hera Group Since its establishment, 18 years ago, Hera has always integrated sustainability objectives into its strategies in all business areas, combining continuously growing economic results with the creation of shared value for all stakeholders and local areas served, guaranteeing efficiency and resilience, safeguarding the environment and protecting natural resources. This model has continued to guide the Group’s activities, all the more so during the current year, with the difficulties created by the ongoing health emergency. The Hera Group’s sustainability has received further confirmation by its recent inclusion in the Dow Jones Sustainability Index (DJSI), one of the world’s most authoritative stock market indices for assessing social responsibility, which selects the leading companies internationally based on the best ESG performances. In addition to becoming part of the world and European indices at the same time, Hera ranked as “Industry leader” among the approximately 3,500 companies with the highest capitalization globally examined by the DJSI. The partners in the operation The issuance of the bond was coordinated by a pool of banks acting as joint bookrunners: BNP Paribas, Crédit Agricole CIB, Deutsche Bank, IMI - Intesa Sanpaolo, Mediobanca and UniCredit Bank. Legance - Avvocati Associati assisted Hera, while and the firm Linklaters advised the joint bookrunners. Documents pertaining to this bond will be available on the website www.gruppohera.it in the Investor Relations section, as well as on the 1INFO authorized storage mechanism at www.1info.it. Press release New Bond Hera.pdf 2015-11-12 18:57:00 Sede Hera

2020-11-24 Sede Hera Hera S.p.A. (the "Company") announces that on the date hereof the update of its Euro Medium Term Notes programme has been completed, with the increase from Euro 3 billion to Euro 3.5 billion of the maximum plafond in principal amount of notes that may be simultaneously outstanding thereunder (the "EMTN Programme"). The base Prospectus of the EMTN Programme has been approved by the Central Bank of Ireland pursuant to the Prospectus Regulation and is available on the Company's website and on the website of Euronext Dublin. The update of the EMTN Programme and the increase of the maximum plafond will allow the Company to take advantage of any new market opportunities in line with its financial strategy. Press release Update and increase of the EMTN Programme of Hera S.p.A..pdf 2019-12-19 18:00:00 Sede Hera

2020-11-20 Eni Ponticelle The agreement provides for the creation of a state-of-the-art environmental platform capable of handling up to 60 thousand tonnes of special waste per year. The initiative is an example of industrial symbiosis aimed at minimising waste disposal in favour of recovering materials and energy. Eni Ponticelle Eni and the Hera Group, through its subsidiaries Eni Rewind and Herambiente, have today signed, in the presence of the Mayor of Ravenna Michele de Pascale, an agreement to establish a joint venture which, by pooling the technical-management know-how of the two companies, will create a multifunctional platform for the pre-processing and processing of special waste in the Ravenna industrial area. The initiative aims to make a concrete contribution to the structural shortage of special waste management facilities in Italy and to maximise the recovery of materials and energy. In particular, the platform, the authorisation process of which will begin in 2021, will manage up to 60 thousand tonnes/year of waste produced by environmental and production activities, including those in the area, from a circular perspective and in line with the European directives of the "Circular Economy Package" implemented in Italy last September. The multi-purpose platform will be equipped with the latest technologies and built on a part of the "Ponticelle" site owned by Eni Rewind, near the industrial zone and the port of Ravenna. In relation to the development and operation of the plant, Eni Rewind will be responsible for the procurement process of solid and liquid waste processing services and Herambiente will operate the plant. Mayor of Ravenna Michele de Pascale said "This is an important agreement to transform a formerly abandoned industrial area through the implementation of a technologically advanced project. This virtuous project demonstrates our leadership in the circular economy, which is important for the economic development of the city and will also be the subject of an in-depth study by the City Council. Today, a first fundamental collaboration between two important industry groups, Eni and Herambiente, has been put in place in our city, bringing with it significant benefits for employment and economic growth for the community in the future". Paolo Grossi, CEO of Eni Rewind commented "The agreement with Herambiente aligns with the Eni Ponticelle project, which aims to regenerate an industrial zone according to the principles of circular economy. In Ponticelle, we are finishing the environmental works an area where, in the coming months, Eni will build a photovoltaic park and a plant for the biological treatment of the land, with an adjoining analysis and research laboratory. The Ponticelle project is emblematic of our operating model. It is sustainable and circular and was structured following constructive dialogue with local stakeholders". Andrea Ramonda, CEO of Herambiente said "Growth and innovation are in Herambiente's DNA and alliances with qualified partners such as Eni, meet these values perfectly. The new platform, which will replace the existing one, integrates and further improves the already ample plant equipment dedicated to waste produced by companies and is perfectly aligned with our recently renewed mission. It will offer sustainable and innovative solutions to companies and communities creating value and new resources". Eni Ponticelle Press release Eni Rewind Herambiente 2019-12-19 11:23:00 Eni Ponticelle

2020-11-14 Inclusion in one of the world’s most important stock market indices dedicated to evaluating social responsibility, as the leader of its own sector, comes as recognition for the Group’s attention towards sustainability and creating shared value for all stakeholders, pursued since its establishment. The Hera Group has received yet another important recognition, rewarding a corporate strategy that brings growth in economic results together with sustainability and the shared value created for all stakeholders. Hera is the first Italian multi-utility to be included in the Dow Jones Sustainability Index (DJSI), one of the world’s most authoritative stock indexes that evaluates social responsibility. Managed by S&P Global, it selects the largest companies in the world based on the best sustainability performances in all areas of ESG (environment, social, governance). This achievement is all the more considerable considering that Hera has simultaneously become part of the worldwide (Dow Jones Sustainability World Index) and European (Dow Jones Sustainability Europe Index) indices, and especially its position as “Industry leader” out of the approximately 3,500 companies with the highest capitalisation across the world evaluated by the DJSI (of which only 10%, on average, succeeds in being included in the index). In particular, in this year’s ranking, announced Friday 13 November 2020 and effective as of 23 November 2020, Hera reached an overall score of 87/100, a result that ranks it as the best multi-utility globally. Compared to other companies in the index, Hera stood out above all for environmental and economic dimensions, and for its governance. Being included in the DJSI proves once again the quality of the approach taken by Hera since its establishment, 18 years ago. Sustainability is, indeed fully integrated in the Group’s strategies, as can be seen in its Business plans, which clarify the range of sustainability goals – circularity, decarbonisation and risk management – defined within each business area, through innovation, investments in asset resilience, marketing strategies, digitalisation, artificial intelligence and big data. Hera’s attention towards ESG factors, as seen in the continuous improvement of its management sustainability parameters, is accompanied by continuous growth in operating and financial results, a solid and constant cash generation, and a stability in governance unique in its sector, with top management confirmed by the Shareholders Meeting last April. All of these factors, even in this difficult year marked by the ongoing health emergency, have allowed Hera to continue creating value, benefitting all stakeholders and local areas served, guaranteeing efficiency and resilience and finding innovative solutions to sustain those experiencing difficulty, protect the environment and defend natural resources. Increased attention towards the Group’s sustainability came in March 2019, when Hera was included in the FTSE MIB. Considering the rising sensitivity to these issues shown by the financial community and many institutions, this year Hera stock was included in the FTSE4Good Index Series (a series of ethical indices conceived by FTSE Russell, to identify the world’s companies most committed to sustainable development) and the Refinitiv Thomson Reuters “Diversity & Inclusion Index”, coming in 12th worldwide and ranking as the first multi-utility overall. As regards sustainable finance, Hera acted early, interpreting ongoing changes and adopting innovative models that gave it a pioneering role and made the Group competitive on the market. Hera was, in fact, the first company in Italy to issue a green bond, as early as 2014, followed by a second one issued in 2019. Two years ago, furthermore, Hera launched the first sustainable revolving line of credit, introducing a system with bonuses for reaching specific environmental, social and governance (ESG) goals. In itself, the Group’s Green Financing Framework bases all financial operations, present and future, on ESG principles. Hera was furthermore among Italy’s first companies to adopt, as of 2016, “shared value” reporting, concerning business activities that, in addition to generating operating margins, contribute to reaching the goals set out in the UN’s 2030 Agenda for sustainable growth. In 2019, the Hera Group’s “shared value” Ebitda rose to 422.5 million euro, equivalent to 39% of overall Ebitda, a result that perfectly reflects the path indicated by the Business plan, which expects this figure to reach 42% by 2023. Creating “shared value” also acts as a criterion for allocating the Group’s capital, with over one third of overall investments planned to be made within 2023 going to sustainable projects. Lastly, Hera’s investors can count on a significant return on invested capital and an improvement in the ratings given by financial analysts who, following the recent presentation of the Group’s operating results for the first nine months of 2020, rose the target price to 3.93 euro and increased their “buy/outperform” recommendations (with coverage now coming to 85%). Press release Hera best multi utility in DJSI 2020-05-11 16:02:00 Press release 110x150_heraspa.1475082913.jpg