Press releases

All

Search Bar

Month

Year

Section

Asset Publisher

Hera Shareholders’ Meeting: 2025 financial statements approved and dividend increased to 16 eurocents. New Board of Directors appointed

29/04/2026

Hera Shareholders’ Meeting: 2025 financial statements approved and dividend increased to 16 eurocents. New Board of Directors appointed

The multi-utility continues on its growth path and value creation for shareholders and local areas served. Executive Chairman Cristian Fabbri and Chief Executive Officer Orazio Iacono have also been reappointed to the Board of Directors for the next three-year term.

The Ordinary Shareholders’ Meeting of Hera, chaired by Cristian Fabbri, was held this morning in Bologna. It approved the Annual Financial Report as at 31 December 2025, including the Consolidated Sustainability Statement, and the distribution of an increased dividend of 16 eurocents per share, as already announced when the Business Plan to 2029 was presented.

Among the various resolutions adopted, the Shareholders’ Meeting also appointed the members of the Board of Directors and the Board of Statutory Auditors for the next three-year term.

Approval of the 2025 financial statements, with net profit attributable to shareholders up 4%
The Shareholders’ Meeting approved the results as at 31 December 2025, which once again confirm the company’s financial solidity and its increasing value creation for all stakeholders.
The main results include:

EBITDA of €1,537.2 million, slightly down compared with €1,587.6 million as at 31 December 2024, mainly due to extraordinary margins linked to temporary, non-recurring opportunities recorded in the previous year, relating to last-resort markets and the ecobonus. Net of these effects, the 2025 EBITDA shows growth of 4.5%;
Net profit attributable to shareholders of €464.3 million, up 3.9% on a like-for-like basis compared with 2024, which benefited from extraordinary items relating to the exercise of the put option by Ascopiave, following which the Hera Group came to hold 100% of EstEnergy, one of the leading energy operators in North-East Italy;
gross operating investments of €1,028 million, up 19.5%, mainly in the water cycle and waste areas. These investments are dedicated to projects aimed at enabling the energy transition and circular economy, in line with the strategy set out in the Business Plan and with the Net Zero target by 2050, confirming the Group’s ongoing focus on innovation, enhancement and strengthening the resilience of its infrastructure;
Net debt/EBITDA ratio of 2.57x. The total value of Net financial position amounts to €3,944.4 million, broadly in line with the figures recorded as at 31 December 2024.
shared-value EBITDA and investments increased respectively to €915.6 million, up 7%, and €810.9 million respectively, equal to 78% of total investments, confirming the commitment to sustainability and value creation in the areas served;
€672.2 million of investments aligned with the European Taxonomy, equal to 64% of total gross operating investments;
economic value distributed to stakeholders in the areas served, including shareholders, local communities, public administration, suppliers and employees, amounted to €2,102 million, with more than €11.5 billion expected overall over the five-year period 2025-2029.

All the figures demonstrate the validity of the management policies implemented by the Group, which have made it possible to respond effectively to the complexities of the external scenario, seize new opportunities and generate value for the company and all stakeholders, while at the same time promoting sustainable development in line with the objectives of the UN Agenda.

Distribution of an increased dividend of 16 eurocents per share
The Shareholders’ Meeting approved the proposal of the Board of Directors to distribute a dividend of 16 eurocents per share, before statutory withholding taxes, up 6.7% compared with the last dividend paid and higher than the forecast in the previous Business Plan, which was 15.5 eurocents.
This increase will feed through to the entire dividend policy over the plan period, reaching 19 eurocents per share in 2029.
The ex-dividend date for coupon no. 24 will be 22 June 2026, with payment from 24 June 2026. The dividend will be payable on shares held as at the record date of 23 June 2026. Based on Hera’s share price as at 31 December 2025, the dividend paid corresponds to an annual yield of 4%.

Renewal of the Board of Directors and the Board of Statutory Auditors
The Board of Directors and the Board of Statutory Auditors were also renewed for the next three-year term, expiring with the Shareholders’ Meeting that will approve the 2028 financial statements.

Following the vote, the following directors were appointed:

Cristian Fabbri, Orazio Iacono, Tommaso Fabbri, Roberta Calderisi, Fabio Bacchilega, Gianni Bessi, Enrico Di Stasi, Fabrizio Toselli, Benedetta Brighenti, Vanessa Camani and Marina Monassi, drawn from majority list no. 1, representing the shareholders’ agreement of Hera’s public shareholders, who together hold 40.91% of Hera’s share capital;
Francesco Perrini, Paola Schwizer and Alice Vatta, drawn from minority list no. 3, submitted by Studio Legale Trevisan e Associati on behalf of numerous investment fund management companies, which together hold 1.07152% of Hera’s share capital;
Bruno Tani, drawn from minority list no. 2, submitted by Gruppo Società Gas Rimini S.p.A., which holds 2.065825% of Hera’s share capital.

Tommaso Fabbri, Roberta Calderisi, Fabio Bacchilega, Fabrizio Toselli, Benedetta Brighenti, Vanessa Camani, Marina Monassi, Francesco Perrini, Paola Schwizer, Alice Vatta and Bruno Tani declared that they meet the independence requirements set out in Article 148, paragraph 3, of Legislative Decree 58/1998 and in the Corporate Governance Code.

The curricula vitae of the new directors are available at:
https://eng.gruppohera.it/group_eng/corporate-governance/board-of-directors

As regards the Board of Statutory Auditors, the following auditors were appointed:

Sonia Dall’Agata and Giovanni Rocco di Torrepadula, standing auditors, and Susanna Giuriatti, alternate auditor, drawn from majority list no. 1, representing the shareholders’ agreement of Hera’s public shareholders;

Giacinto Gaetano Sarubbi, Chairman, and Silvia Mignatti, alternate auditor, drawn from minority list no. 3, submitted by Studio Legale Trevisan e Associati on behalf of numerous investment fund management companies.

The curricula vitae of the new auditors are available at:
https://eng.gruppohera.it/group_eng/corporate-governance/board-of-statutory-auditors

Pursuant to current legislation and the Articles of Association, gender balance requirements were complied with.

Other resolutions approved
The Shareholders’ Meeting also approved the renewal of the authorisation granted to the Board of Directors to purchase treasury shares, and the methods for disposing of them, up to a rotating maximum limit of 60,000,000 shares and for a total amount of up to €270 million, for 18 months from today’s date, with the related revocation of the previous resolution passed last year for the unexecuted portion. The renewal of the authorisation to use treasury shares was requested in order to pursue the purposes permitted by law and accepted market practices, with a view to increasing value creation for shareholders, including in the context of transactions also carried out by Group companies where investment opportunities arise, and for transactions involving the issue of financial instruments.
Lastly, the Shareholders’ Meeting approved the first section and voted in favour of the second section of the Report on remuneration policy and compensation paid, in line with international best practice.

Executive Chairman, Deputy Chairman and Chief Executive Officer appointed
The inaugural meeting of Hera’s Board of Directors, appointed in the morning by the Shareholders’ Meeting, was held in Bologna in the afternoon. The Board appointed the Chairman, Deputy Chairman and Chief Executive Officer.
Cristian Fabbri was reappointed as Executive Chairman, while Orazio Iacono was reappointed as Chief Executive Officer.
Tommaso Fabbri was appointed Deputy Chairman, in a non-executive capacity. An expert in the sector and in corporate organisation, he is currently Full Professor of Business Organisation at the University of Modena and Reggio Emilia (Unimore), where he is Deputy Director of the E4E Doctoral School, Economics and Engineering. In the past, he was Director of the “Marco Biagi” Department of Economics and Director of the PhD programme in Labour, Development and Innovation.

Download press release

Shareholders_meeting Hera2026

Online from 29 April 2026 at 16:29

Go to press release

[Press releases] hidden categories

Hera Custom Facet Publish Date

Custom Facet

ddmStructureKey

3025669 (414)

Category Facet

Asset Publisher

13/10/2026

Energy Park for Leonardo: Hera Group’s agrivoltaic plant to power the supercomputer operated by CINECA

Bologna is taking another step towards a more innovative, sustainable and competitive future. Leonardo, the supercomputer co-funded by the EuroHPC Joint Undertaking and the Italian Ministry of University and Research and operated by CINECA at Bologna’s DAMA Technopole, will be partly powered by renewable electricity generated by Hera Group’s Energy Park agrivoltaic plant. This marks one of Italy’s first initiatives to combine environmental sustainability and technological competitiveness through dedicated green infrastructure, following the Group’s successful bid in the tender launched by the Interuniversity Consortium.

The agrivoltaic plant to be developed by Hera Group within the Energy Park will supply renewable electricity to the CINECA data center housing the Leonardo supercomputer. Once fully operational, the facility is expected to generate 30 GWh of electricity annually, avoiding approximately 7,000 tonnes of CO₂ emissions, with electricity output equivalent to the consumption of 11,000 households.

The concession, awarded following the tender process in early summer, has a value of €73.5 million. In accordance with applicable regulations, Helisa (Hera Energy for Leonardo Improved Supercomputing Architecture), a wholly owned subsidiary of Hera, has been established to manage the concession.

“Thanks to the support of Minister Anna Maria Bernini and funding from the Ministry of University and Research (MUR), our supercomputing infrastructure has achieved another milestone, combining computing power with environmental sustainability,” commented Francesco Ubertini, Chairman of CINECA. “Our highly efficient closed-loop liquid cooling system, heat recovery plan, LEED Platinum certification for the data center and exclusive use of renewable energy will now be complemented by an innovative facility for on-site renewable energy generation. This represents a unique achievement at both European and international level.”

“Supplying the Leonardo supercomputer with locally generated renewable energy is an achievement of significant strategic value, made possible by the Group’s innovation and new green infrastructure,” said Orazio Iacono, Chief Executive Officer of Hera Group. “Hera’s Energy Park, a flagship initiative of Bologna Missione Clima—the Climate City Contract aimed at achieving climate neutrality by 2030—is tangible evidence of this. The project creates value for both the company and the community and reinforces our role in enabling the energy transition across the areas we serve.”

Bologna’s Energy Park is an innovative project and one of the first of its kind in Italy. Hera Group will develop the facility in the Navile district, in the northern part of the city, adjacent to Parco Nord and just a few minutes from the DAMA Technopole, home to the CINECA data center housing Leonardo, one of the world’s most advanced supercomputers. Its strategic location will enable the Energy Park to supply electricity directly to the Leonardo supercomputer through a dedicated connection linking the agrivoltaic plant to the existing infrastructure.

The Energy Park is one of Hera Group’s flagship contributions to Bologna Missione Clima, the initiative supporting the City of Bologna’s commitment to achieving climate neutrality by 2030. The project will cover approximately 90 hectares, of which almost 70 hectares will remain available for agricultural use.

An advanced agrivoltaic plant will be developed on approximately 30 hectares of this agricultural land to generate renewable electricity. The height and positioning of the photovoltaic panels will allow electricity generation to coexist with the continued use of the land for farming activities.

The southern section of the site, covering the remaining hectares, will be dedicated to biodiversity conservation. Known as the Urban Forest, this area will comprise a park largely accessible to the public, alongside zones specifically designed to protect plant and animal biodiversity. Approximately 4,000 trees and shrubs will be planted.

The authorisation and construction processes for the Energy Park have already been initiated and will progress throughout 2027–2028, with completion of construction expected during 2029.

Online from 13 October 2026

Go to press release

Search Results

13/10/2026

The multiutility has won the tender launched by the Interuniversity Consortium. Located in northern Bologna, approximately 3 km from the DAMA Technopole, the new facility will provide renewable energy to the data center, helping to decarbonise its electricity consumption. centrata Bologna is taking another step towards a more innovative, sustainable and competitive future. Leonardo, the supercomputer co-funded by the EuroHPC Joint Undertaking and the Italian Ministry of University and Research and operated by CINECA at Bologna’s DAMA Technopole, will be partly powered by renewable electricity generated by Hera Group’s Energy Park agrivoltaic plant. This marks one of Italy’s first initiatives to combine environmental sustainability and technological competitiveness through dedicated green infrastructure, following the Group’s successful bid in the tender launched by the Interuniversity Consortium. The agrivoltaic plant to be developed by Hera Group within the Energy Park will supply renewable electricity to the CINECA data center housing the Leonardo supercomputer. Once fully operational, the facility is expected to generate 30 GWh of electricity annually, avoiding approximately 7,000 tonnes of CO₂ emissions, with electricity output equivalent to the consumption of 11,000 households. The concession, awarded following the tender process in early summer, has a value of €73.5 million. In accordance with applicable regulations, Helisa (Hera Energy for Leonardo Improved Supercomputing Architecture), a wholly owned subsidiary of Hera, has been established to manage the concession. “Thanks to the support of Minister Anna Maria Bernini and funding from the Ministry of University and Research (MUR), our supercomputing infrastructure has achieved another milestone, combining computing power with environmental sustainability,” commented Francesco Ubertini, Chairman of CINECA. “Our highly efficient closed-loop liquid cooling system, heat recovery plan, LEED Platinum certification for the data center and exclusive use of renewable energy will now be complemented by an innovative facility for on-site renewable energy generation. This represents a unique achievement at both European and international level.” “Supplying the Leonardo supercomputer with locally generated renewable energy is an achievement of significant strategic value, made possible by the Group’s innovation and new green infrastructure,” said Orazio Iacono, Chief Executive Officer of Hera Group. “Hera’s Energy Park, a flagship initiative of Bologna Missione Clima—the Climate City Contract aimed at achieving climate neutrality by 2030—is tangible evidence of this. The project creates value for both the company and the community and reinforces our role in enabling the energy transition across the areas we serve.” Bologna’s Energy Park is an innovative project and one of the first of its kind in Italy. Hera Group will develop the facility in the Navile district, in the northern part of the city, adjacent to Parco Nord and just a few minutes from the DAMA Technopole, home to the CINECA data center housing Leonardo, one of the world’s most advanced supercomputers. Its strategic location will enable the Energy Park to supply electricity directly to the Leonardo supercomputer through a dedicated connection linking the agrivoltaic plant to the existing infrastructure. The Energy Park is one of Hera Group’s flagship contributions to Bologna Missione Clima, the initiative supporting the City of Bologna’s commitment to achieving climate neutrality by 2030. The project will cover approximately 90 hectares, of which almost 70 hectares will remain available for agricultural use. An advanced agrivoltaic plant will be developed on approximately 30 hectares of this agricultural land to generate renewable electricity. The height and positioning of the photovoltaic panels will allow electricity generation to coexist with the continued use of the land for farming activities. The southern section of the site, covering the remaining hectares, will be dedicated to biodiversity conservation. Known as the Urban Forest, this area will comprise a park largely accessible to the public, alongside zones specifically designed to protect plant and animal biodiversity. Approximately 4,000 trees and shrubs will be planted. The authorisation and construction processes for the Energy Park have already been initiated and will progress throughout 2027–2028, with completion of construction expected during 2029. 2026-10-13 sede Hera 110x150 (1).jpg

Energy Park for Leonardo: Hera Group’s agrivoltaic plant to power the supercomputer operated by CINECA

Online since 13/10/2026

Price sensitive release

Hera Group: H1 2026 results approved

The Consolidated Half-Year Financial Report as at 30 June reports a 16% increase in net profit and a 56% rise in investments, higher than in the previous period. The operational and financial soundness has been confirmed and the targets for the current year with regard to external growth have already been achieved in the first half. The results achieved at the end of June will enable the multi-utility to further enhance its infrastructure in the second half of the year and seize new development opportunities.

Online since 29/07/2026 at 13:08

17/07/2026

The Group's continued inclusion in the index confirms the strength of its ESG profile, standing above the Utilities and Multiutilities sector average in key areas including Climate Change, Labour Standards, Governance and Anti-Corruption.

Hera confirmed in the FTSE4Good Index Series for the seventh consecutive year

Online since 17/07/2026

14/07/2026

M&A

This transaction contributes to the execution of the strategy aimed at doubling the capacity of its subsidiary Aliplast to over 210,000 tonnes per year of high-quality recycled plastic raw materials, consolidating its leadership in the sector in Europe. The acquisition will be finalised by the end of 2026.

Hera Group strengthens its leadership in plastics regeneration by acquiring 70% of Kronos Polymer Polska

Online since 14/07/2026

17/06/2026

The multi-utility tops the ranking, marking its sixth consecutive year on the podium, the only Italian company to achieve this result. The recognition rewards the credibility and consistency with which the Group integrates ESG factors into its strategy, governance and corporate culture. centrata Hera Group ranked first in the 2026 ESG Identity Corporate Index, developed by ET.Group to measure the extent to which ESG factors are integrated into companies’ strategies and decision-making processes. The results of the eleventh edition were presented today in Milan at the ESG Business Conference. The Group’s growth, together with the progressive evolution and increasing maturity of its ESG model, has gone hand in hand with continuous advances in governance, enabling the multi-utility to rank among the Top 10 for 9 consecutive years and on the podium for six years in a row. A more selective assessment focused on ESG credibilityThe recognition is even more significant as it is the outcome of a rigorous assessment process carried out against a benchmark that continues to rise. The 2026 edition included a record 109 companies, all demonstrating increasingly advanced levels of ESG maturity. The assessment itself has also become more demanding, shifting the focus from disclosure alone to companies’ ability to demonstrate the effective integration of ESG factors into strategy, decision-making processes and corporate culture. The analysis centres on the development of a robust and coherent ESG strategy geared towards value creation, transparent reporting of results, and the ability to anticipate and manage risks. For Hera Group, particular emphasis was placed on: governance as an enabler, supported by the active involvement of dedicated governance bodies; the integration of ESG targets into remuneration policies and long-term strategies; the ability to foster a cross-functional ESG culture involving all business functions and the entire value chain. Hera Group builds its ESG narrative on its strategy, its commitments and its ability to translate them into tangible results. Over more than twenty years, the multi-utility has combined sustained economic growth with the evolution of its governance towards increasingly demanding targets, clear accountability and measurable performance. The credibility of the Group’s commitments rests on a consistent track record of delivery, as demonstrated by significant investments, completed projects and reported impacts. The same rigour underpins investment in people development through skills, inclusion and professional growth, as well as incentive systems that embed sustainability targets. For Hera Group, ESG is therefore the practical framework through which the company governs, grows and creates value over time. 2026-06-17 sede-hera-110.jpg

Hera Group ranks first in the 2026 ESG Identity Corporate Index

Online since 17/06/2026

16/06/2026

The €100 million project, launched in 2019, has been completed to support local regeneration and the circular economy. sede Hera 110x150.jpg centrata Ravenna, June 16, 2026 – The Ravenna environmental hub, a center dedicated to the circular economy and industrial waste management, is now a reality. The project by Eni and Hera, and in particular their subsidiaries Eni Rewind and Herambiente, represents a model based on industrial regeneration and ecological transition: thanks to the environmental remediation activities carried out by Eni Rewind, which owns the area, and to a total investment of €100 million, a 26-hectare decommissioned site located within the Ravenna district has been restored and repurposed for a new industrial development initiative The Ravenna Environmental Hub’s facilities will help reduce the structural shortage of plants for managing special waste in Italy, maximizing material recovery and reducing reliance on landfills. In particular, the HEA platform - a joint venture between HASI (Herambiente Servizi Industriali) and Eni Rewind - is one of the most significant integrated industrial waste management projects in Italy. The HEA platform is a multifunctional facility for the pretreatment of special waste, both solid and liquid, from industrial and remediation activities. It will replace the historic HASI storage platform in Ravenna, introducing more advanced technologies, greater capacity, and increased operational flexibility to meet the needs of Eni Group operations and the wider industrial market. With a treatment capacity of up to 60,000 tons per year and a multi-line plant configuration, the platform enables a wide range of operations, from storage and repackaging to shredding and mixing. Its main objective is to maximise material recovery and reduce disposals, increasing the efficiency of operations and supporting economies of scale. The HEA platform is strategically important for Ravenna, a major industrial district and one of Italy’s largest producers of special waste. It contributes strengthening local treatment capacity, reducing transfers to facilities outside the region or abroad, and providing companies with more efficient local services. It supports competitiveness, operational continuity and the development of new circular supply chains as well. The Hub also hosts Eni Rewind’s biorecovery plant, which can treat up to 80,000 tons per year of hydrocarbon-contaminated soils from remediation activities. The plant uses a biological aerobic biodegradation process to treat soils which can then be reused as backfill in remediation sites, minimizing the use of virgin materials. A dedicated chemical laboratory managed by Labanalysis Environmental Services, an Italian sector leader in which Eni Rewind holds a stake, will monitor processes and ensure compliance. In addition, Plenitude, an Eni subsidiary, has also built a renewable energy production facility as part of the Hub. Operational since 2024, the photovoltaic plant has a capacity of 6 MWp and covers 11 hectares, with more than 10,000 installed panels. The plant optimizes energy production by using solar panels which can capture light on both sides and are mounted on mobile structures that follow the path of the sun throughout the day. These structures are installed on special supports placed directly on the impermeable cover built as part of the site’s permanent safety measures. In April 2026, the project added an experimental energy storage system based on a new generation of vanadium flow batteries. The system has been completed and connected to the existing photovoltaic installation. Eni Rewind began the overall redevelopment of the Ca’ Ponticelle area in 2019 implementing environmental remediation activities. In 2021, the works had been completed to permanently secure the area, which was once part of a petrochemical complex. In 2023, following the update of the Municipality of Ravenna’s Urban Plan, construction began on the new environmental infrastructure that is expected to become operational in July 2026. “The Ravenna Environmental Hub is being developed on a site deeply rooted in Enihistory. We have transformed the decommissioned Ca’ Ponticelle site into an environmental platform capable of combining remediation, industrial redevelopment, and industrial competitiveness. The site is strategically positioned to meet market needs and will host Eni Rewind’s first two waste treatment plants, alongside the more than 40 plants we operate in Italy for water treatment” said Paolo Grossi, Chief Executive Officer of Eni Rewind. “Our environmental services offering is further enhanced by bioremediation plants for soil recovery and by the industrial waste pre-treatment platform, developed in partnership with Herambiente. The Ravenna Environmental Hub is a concrete example of sustainable development, and we hope it can serve as a replicable model in other regions to reduce infrastructure gaps and the environmental impact of waste management.” “With the new multifunctional HEA platform within the Ponticelle Environmental Hub, the Herambiente Group is taking another step in strengthening its position in industrial waste management. The project is part of a development path aimed at creating a unique plant system in Italy that helps bridge the country’s infrastructure gap and reduce waste exports abroad,” said Andrea Ramonda, Chief Executive Officer of Herambiente. “The HEA facility, developed through the joint venture with Eni Rewind, is equipped with the best available technologies and is designed to maximize the recovery of materials and energy. It will efficiently manage flows related to Eni Group activities and those of the wider market, with tangible benefits for the competitiveness and operational continuity of the local production system. The project also strengthens Ravenna’s strategic role. Herambiente first launched its operations here, and the industrial zone is now part of a circular economy hub serving the industries across Central and Northern Italy.” “The Ravenna Environmental Hub is the result of a vision that began to take shape in 2019, when we started working with Eni, Hera and all the stakeholders involved in the redevelopment of a strategic area such as Ca’ Ponticelle. Today this project shows how environmental regeneration can become a driver of industrial development, innovation, and skilled employment. Ravenna is reaffirming its role as a major national energy and industrial hub, with an increasingly strong focus on the circular economy and sustainability,” said Michele de Pascale, President of Emilia-Romagna Region. “The ability to reclaim disused areas, develop technologically advanced facilities, and create new supply chains linked to material recovery represents a key lever for the future competitiveness of the territory. This investment strengthens Ravenna’s role as one of Italy’s leading laboratories for ecological and industrial transition and offers new opportunities for economic and employment growth for the city, the regional production system, and future generations.” “Today, from Ravenna, a strong message is being sent to the country through a project that combines industrial reconversion and environmental protection, representing a strategic infrastructure not only for our city but also for Italy. This is the model we would like to set the course for the future: fewer landfills, more recovery, more skilled jobs, and investments in photovoltaics, with a view to advancing the circular economy” said Alessandro Barattoni, Mayor of Ravenna. “Thanks to an investment of €100 million, a 26-hectare former industrial site, fully reclaimed from an environmental standpoint, will host new initiatives supporting industry, waste cycle management, and the ecological transition, under a model of competitiveness that combines productivity with environmental sustainability.” Scan here to access the media kit For more information about the HEA platform, visit the website: https://ha.gruppohera.it/herambiente-group/hea 2026-06-16 sede-hera-110.jpg

Eni and Hera: the Environmental Hub is established in Ravenna in the Ca’ Ponticelle area

Online since 16/06/2026

09/06/2026

centrata The Board of Directors of Hera S.p.A., which met today, assessed the independence of its directors appointed by the Shareholders’ Meeting of 29 April 2026. On the basis of the statements made by the Directors and the information available to the company, the Board of Directors of Hera S.p.A. assessed that all directors meet the independence requirements set out in Article 148 of Legislative Decree No. 58/1998, with the exception of the Executive Chairman, the Chief Executive Officer and directors Gianni Bessi and Enrico Di Stasi. The Board also assessed that directors Fabio Bacchilega, Benedetta Brighenti, Roberta Calderisi, Marina Monassi, Francesco Perrini, Paola Schwizer, Bruno Tani, Fabrizio Toselli and Alice Vatta meet the independence requirements set out in the Corporate Governance Code. It should also be noted that, in compliance with the provisions of the Corporate Governance Code, the Board of Statutory Auditors verified that all its members meet the independence requirements, reporting the outcome of these checks to the Board of Directors. The members of the Internal Committees were also appointed: for the “Executive Committee”, the following were appointed: Cristian Fabbri, as Chairman; Tommaso Fabbri, as Deputy Chairman; Orazio Iacono and Vanessa Camani, as members; for the “Control and Risk Committee” (whose composition is the same as that of the Related-Party Transactions Committee) the following were appointed: Paola Schwizer, as Chairwoman; Benedetta Brighenti, Marina Monassi and Francesco Perrini, as members; for the “Remuneration Committee”, the following were appointed: Alice Vatta, as Chairwoman; Fabio Bacchilega, Tommaso Fabbri and Francesco Perrini, as members. Finally, with regard to the "Ethics and Sustainability Committee”, the following were appointed: Tommaso Fabbri, as Chairman; Alice Vatta, Filippo Bocchi and Nicoletta Tranquillo, as members. 2026-05-13 13:34:00 sede-hera-110.jpg

Independence requirements verified for directors and statutory auditors; internal Committees appointed

Online since 13/05/2026 at 13:34

Hera Group's BoD approves results for the first quarter of 2026

The consolidated three-month report as at 31 March shows improved performance and an increase of over 24% in capital expenditures.

Online since 13/05/2026 at 13:07

Hera Group and Saipem launch strategic partnership to support the energy transition and circular economy of Italian industry

A collaboration agreement has been signed to support companies and local areas on their path towards the energy transition and circular economy, through innovative solutions that combine sustainability with competitiveness sede Hera 110x150.jpg centrata Saipem, a global leader in the engineering and construction of major projects in the energy and infrastructure sectors, and Hera Group, one of Italy’s leading multi-utilities, have signed a strategic collaboration agreement, initially lasting three years, with the aim of supporting Italian companies in their energy efficiency, decarbonisation and circular economy journeys. The partnership draws on Saipem’s engineering and technological expertise and Hera Group’s long-standing experience in waste, water and energy services. Both companies share a firm commitment to sustainability and emissions reduction. The agreement between the two organisations aims to support companies and local areas in the energy transition, offering concrete, integrated solutions to reduce emissions, improve consumption efficiency and enhance resource recovery. Particular attention will be paid to the needs of the most energy-intensive industrial sectors, such as ceramics, glass, paper, chemicals, cement, steel and other industries characterised by processes that are difficult to electrify, all of which face an increasingly complex and challenging path towards Net Zero. Through this partnership, Saipem and Hera Group will make their multidisciplinary expertise available, offering a comprehensive portfolio of technologies and integrated solutions for energy efficiency, renewable energy, hydrogen and carbon capture systems. The objective is to identify, on a case-by-case basis, the most effective energy transition pathway from a technical, energy and economic perspective. Interested companies will be able to benefit from a free preliminary audit designed to assess the best possible decarbonisation pathway from an energy and economic standpoint, as well as support in evaluating incentive schemes available at national and European level to help make projects feasible. This represents a concrete contribution across the entire energy transition value chain, a rapidly evolving sector that is increasingly strategic for the competitiveness of the production system. For Saipem, the agreement with Hera Group forms part of its strategy to support the energy transition of the most complex industrial sectors. The partnership enhances the Group’s engineering and technological expertise and its ability to integrate innovative solutions, strengthening Saipem’s role as a technology partner for Italian industry. It also broadens access to solutions for energy efficiency, renewables, hydrogen and CO₂ capture, in line with Saipem’s evolution towards increasingly sustainable business models. This agreement is fully aligned with the path outlined by Hera Group in its Business Plan to 2029, which envisages €3 billion in investments dedicated to the energy transition and circular economy of local areas and businesses. Also moving in this direction is the cutting-edge project for the capture of CO₂ emissions at the Ferrara waste-to-energy plant, proposed by Hera Group as lead partner in collaboration with Saipem. The project was selected in October 2024 to receive funding under the fourth call for mid-scale projects of the EU Innovation Fund, confirming the multi-utility’s commitment to promoting advanced technologies and strategic partnerships to make a concrete contribution to national and European climate targets. Hera Group Hera Group is one of Italy’s largest multi-utilities and operates in the environment, energy and water sectors, with over 10,500 employees. More than 7.5 million citizens receive at least one service provided by the Group. Listed since 2003, it is among the top 40 Italian companies by market capitalisation, is included in the FTSE MIB index and has been part of the Dow Jones Sustainability Index since 2020, recently renamed the Dow Jones Best-in-Class Index. https://eng.gruppohera.it/group_eng/ Saipem Saipem is a global leader in the engineering and construction of major projects in the energy and infrastructure sectors, both offshore and onshore. Saipem is a “One Company” organised into business lines: Asset Based Services, Drilling and Sonsub, Energy Carriers, Offshore Wind and Sustainable Infrastructures. The company has five fabrication yards and an offshore fleet of 17 owned construction vessels and 12 drilling rigs, nine of which are owned. Always focused on technological innovation, the company’s vision is “Engineering for a sustainable future”. For this reason, Saipem is committed every day to supporting its clients on their energy transition journey towards Net Zero, using increasingly digital means, technologies and processes geared towards environmental sustainability. Listed on the Milan Stock Exchange, Saipem operates in more than 50 countries worldwide and employs around 30,000 people of over 130 nationalities. Website: www.saipem.com Download Press release Hera Group and Saipem launch strategic partnership .pdf 2026-05-06 sede Hera 110x150.jpg

Online since 06/05/2026

Hera, a global leader in sustainability: once again at the top of the Dow Jones Best-in-Class Index

The Group, included for the sixth year in both the Dow Jones Best-in-Class Europe and World Indices, confirms its position as the most sustainable Multi & Water Utility at global level. A further recognition that rewards the results achieved and the Group’s approach to creating shared value for all stakeholders. sede Hera 110x150.jpg centrata According to S&P Global, the Hera Group has once again been ranked the world’s leading company in the Multi & Water Utility sector and has been included, for the sixth consecutive year, in the Dow Jones Best-in-Class Index (formerly known as the Dow Jones Sustainability Index), both at European and global level. This result follows an in-depth assessment of performance across environmental, social and governance (ESG) dimensions. The Dow Jones Best-in-Class Index, a leading international stock market index, comprises listed companies demonstrating the highest performance in Environmental, Social and Governance & Economic dimensions. In particular, the multi-utility has reaffirmed its global leadership in its sector, achieving a score of 83/100 compared with a sector average of 37/100. This recognition rewards the quality of the Group’s sustainability reporting, the results achieved by a company that has always been aware of its role within its operating ecosystem, and its strategy of pursuing the creation of shared value for all stakeholders, in line with its purpose. The Group is considered a best practice across multiple areas: In governance, it stands out for the transparency of its reporting, its careful and effective risk management – including cyber risk – and its exemplary ability to manage the supply chain sustainably; In the environmental dimension, it ranks first for the efficient management of energy in its internal processes and for safeguarding biodiversity in the territories in which it operates, and has distinguished itself in particular for its reporting and management of climate change-related risks and opportunities; In the social dimension, it has achieved the highest global score in respect for human rights, the development of its employees’ human capital, customer engagement, data privacy protection and relations with local communities. These assessments confirm the aspects most highlighted by analysts: a company capable of combining economic growth with sustainable development, continuing to generate value for its stakeholders and not only for shareholders. This is also evidenced by a shared value EBITDA, which rose in 2025 to 60% of Group EBITDA (in line with the 2029 target of 68% set out in the business plan), and by an expected double-digit average annual Total Shareholder Return. Listed since 2003 and included in the FTSE MIB since 2019, Hera stock has been part of the Dow Jones Best-in-Class Index Europe & World (formerly the Dow Jones Sustainability Index) and the FTSE4Good Index since 2020, and is also included in the Italian ESG MIB blue-chip index dedicated to best ESG practices. For a decade, the Group has been included in the FTSE Diversity & Inclusion Index Top 100 and, in 2025, reached the global Top 10, according to FTSE Russell certification, in recognition of its commitment to promoting diversity, inclusion and people development. Furthermore, for the past five years it has ranked among the top three companies in the ESG Identity Corporate Index, acknowledging the full and conscious integration of sustainability policies into its governance and business strategies. Download Press release Hera at the top of Dow Jones Best-in-Class Index.pdf 2026-05-04 sede Hera 110x150.jpg

Online since 04/05/2026

29/04/2026

Online since 29/04/2026 at 16:29

Hera Shareholders’ Meeting: 2025 financial statements approved and dividend increased to 16 eurocents. New Board of Directors appointed

07/04/2026

sede Hera 110x150.jpg centrata The minority lists containing candidates for the appointment of the Board of Directors and the Board of Statutory Auditors, accompanied by the respective documents required by current norms, registered within the deadline by shareholders in light of the Shareholders Meeting called for 29 April 2026, are available to the public at the Company headquarters, on Hera Group’s website (https://eng.gruppohera.it/group_eng/corporate-governance/shareholders-meetings), and on the authorised storage website 1INFO (www.1Info.it). Download Press release 20260408 Pubblication of minority lists of candidates.pdf 2026-04-08 17:50:00 sede Hera 110x150.jpg

Minority lists for the appointment of the Board of Directors and the Board of Statutory Auditors published

Online since 07/04/2026 at 17:50

07/04/2026

sede Hera 110x150.jpg centrata Kindly note that the folder containing the draft Separate Financial Statements and Consolidated Financial Statements as of 31/12/2025, including the Report of the Board of Statutory Auditors and the Report of the Independent Auditors has been made available to the public at the company headquarters, on the website https://eng.gruppohera.it/ and on the authorised storage platform 1INFO (www.1Info.it). In the same way, the Corporate Governance Report and the Report on Remuneration Policy and Compensation Paid are also available. Download Press release Press release Financial Statements FY2025.pdf 2026-04-07 17:28:00 sede Hera 110x150.jpg

Publication of the Draft Separate and Consolidated Financial Statements as of 31.12.2025, the Corporate Governance Report, and the Report on Remuneration and Compensation Paid

Online since 07/04/2026 at 17:28

27/03/2026

sede Hera 110x150.jpg centrata Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 29 April 2026, is available to the public at the Company headquarters, on the authorised storage website 1INFO (www.1Info.it) and on Hera Group’s website (https://eng.gruppohera.it/group_eng/corporate-governance/shareholders-meetings): Hera S.p.A. Board of Directors’ Explanatory Report regarding item 2 on the agenda Hera S.p.A. Board of Directors’ Explanatory Report regarding item 3 on the agenda Hera S.p.A. Board of Directors’ Explanatory Report regarding item 4 on the agenda 2026-03-27 11:48:00 sede Hera 110x150.jpg

Publication of documents pertaining to the Shareholders Meeting to be held on 29 April 2026

Online since 27/03/2026 at 11:48

Price sensitive release

Hera Group approves results at 31/12/2025

The year closed with a 4% increase in net profit attributable to shareholders and a 20% rise in investments. Value creation for all stakeholders and a solid capital structure once again confirm the Group’s ability to combine business growth with sustainable development. The proposed dividend increases to 16 euro cents per share, up 6.7%.

Online since 25/03/2026 at 13:01

24/03/2026