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2023-07-06 This transaction, strongly linked to the local social and industrial fabric, represents a major new commitment made by the Group to promote the energy transition and decarbonisation in the areas it serves. Only two months after the establishment of Horowatt, a NewCo between Hera Group and Orogel that within 2024 will create an innovative and sustainable agrivoltaic plant in the agricultural cooperative’s Cesena facilities, Hera’s programme for developing cutting-edge integrated solutions in the field of clean energy is making rapid progress. This morning, Hera Group finalised the acquisition of Tiepolo Srl, owned by Combigas and Greenfield Renewables (each one holding 50% of the shares), which has developed a project for constructing a solar park in Bondeno (Ferrara) capable of meeting the needs of over 5,000 households. The plant, which will have a capacity of 8.9 megawatts and will generate approximately 13 GWh/year when fully operational, is one of the Hera Group’s numerous projects aimed at producing renewable energy and already included in the Business Plan to 2026, to support citizens, businesses and public administrations in the decarbonisation and electrification of their consumption. In order to make a significant contribution to reducing climate-changing gas emissions in all localities served and accompany them towards carbon neutrality, the Group has not only allocated significant investments for the energy transition in its Business Plan, but has also set up a new business unit entirely dedicated to renewable energy production and energy management. “For the Hera Group, combating climate change is crucial and translates into a strong focus on the energy transition in all strategic areas of development outlined in our Business Plan to 2026”, comments Orazio Iacono, CEO of the Hera Group. “These concrete initiatives promote renewable energy sources, from photovoltaics to new models of distributed power generation and from hydrogen to biomethane, which will play an increasingly important role in the process towards the decarbonisation and energy security of our country. Once again, Hera’s contribution will be crucial for the sustainable development of all local areas in which we operate.” 20230706_Hera Group acquires Tiepolo to build photovoltaic power station.pdf 10:58:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg

2023-06-29 Through its subsidiary Hera Comm, the Group has acquired 60% of the long-standing Rimini-based company, a reference point for technological systems and renewable energy throughout Italy, thus expanding its portfolio of solutions dedicated to business customers. This morning, the Hera Group, acting through its subsidiary Hera Comm, finalised the acquisition of 60% of Fratelli Franchini. Based in Rimini, this company has a consolidated experience in the area of designing, installing and providing maintenance of all types of technological systems for companies, public administrations and hospitality facilities. It has been active for over 17 years in producing high-yield renewable energy sources for public and private industrial customers throughout Italy. The remaining 40% of the company stays in the hands of Franchini Group Srl, owned by brothers Pierpaolo and Marco Franchini, who retain the position of CEOs. This partnership with a long-standing operator, active both locally and nationally, will enable the Hera Group to acquire new technical skills, particularly in the photovoltaic market, expand its portfolio of solutions for business customers, and respond to the growing demand for systems based on renewable sources, further strengthening its position in the Italian energy market. The details of the partnership Fratelli Franchini boasts over half a century of activity in the system engineering sector: since 1959 it has been building technological systems and since 2006 it has also been working in the renewable energy sector, developing projects for business clients in the hotel, port, hospital, industrial, retail and museum sectors. This company is the partner of choice for clients in the industrial sector, both public and private, to whom it is able to offer integrated solutions in all phases necessary for installing and maintaining of electrical, mechanical, large-scale photovoltaic and energy efficiency systems. It has installed more than 300 systems over the years. This operation boosts the Hera Group’s ability to support its customers along the path to decarbonisation, including through the installation of photovoltaic generation systems, from traditional photovoltaic panel systems to new distributed power generation models such as Renewable Energy Communities. The services offered are rounded off by charging infrastructures for electric mobility, supply and installation of high-efficiency boilers and air conditioners, and energy efficiency systems. These activities will contribute to achieving the 37% emission reduction target by 2030, already validated by the prestigious international network Science Based Target initiative (SBTi). “With this partnership, we have consolidated our ability to support customers along their path towards the energy transition and electrification of consumption, offering tools for energy efficiency and self-production”, comments Cristian Fabbri, Executive Chairman of Hera Group. “Moreover, following up on the transactions finalised in recent years for residential customers, this partnership allows us to enhance the value-added services we dedicate to companies and expand our operational and plant capacity, with concrete benefits for all our business customers.” “We are highly honoured that an outstanding company such as the Hera Group has chosen our company to develop its activities in the renewables sector. With this entry, we are certain that we will be able to give a strong boost to our business and further consolidate our position on the market, which already ranks us among the most important players in the sector”, comment Pierpaolo and Marco Franchini, CEOs of Fratelli Franchini. “We would like to thank Roberto Berardi and Gabriele Baschetti from Studio Skema and the lawyer Paolo Pieri who assisted us in the transaction. Special thanks also go to all our employees and collaborators who enabled us to reach this important milestone and who represent our strength and our future.” 20230629_Strengthen renewables with Fratelli Franchini partnership.pdf 12:29:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg