Download Center

2022-06-08 The Hera Group subsidiary is among the first public lighting companies in Italy to include in its articles of association a commitment to produce benefits for its stakeholders, demonstrating Hera’s focus on sustainable development and creating value for the local areas and communities served At a time when the climate emergency and social demands are current issues, the Hera Group has further strengthened its twenty-year commitment to sustainable development and creating value for the local areas and communities it serves. It has done so by transforming Group subsidiary Hera Luce, one of the nation’s foremost operators in the public lighting sector and a leader in sustainable city lighting services with energy efficiency and circular economy solutions, into a Benefit Corporation. This is not, however, a true revolution for the Bologna-based company, but rather a further step along the path taken by the Hera Group last year, when it introduced the concept of “corporate purpose” into its Articles of Association. One of the first companies in Italy to do so, Hera thus made explicit the objectives it aims to achieve in carrying out its business activities and reaffirmed the focus on sustainability that has characterised it since its establishment. Hera Luce’s Shareholders Meeting approved the transformation of this company into a Benefit Corporation (pursuant to and in accordance with Law no. 208 of 28 December 2015) by amending article 3 of its Articles of Association, which now includes the aim of “operating responsibly, sustainably and transparently towards people, communities, local areas and the environment as well as cultural, social resources and activities, authorities, associations and other stakeholders”. Hera Luce made this choice on a voluntary basis, one of the first in Italy in the public lighting sector to take this initiative: thanks to this change in its articles of association, transparency and benefits for stakeholders have definitively become part of its corporate DNA. Three specific purposes are involved in the shared benefit that Hera Luce intends to pursue: contributing to the prosperity of the local communities in which the company operates, by designing and implementing sustainable, resilient and innovative models for urban development, to approach interventions on cities (Hera Luce for smart circular city/land); pursuing carbon neutrality, by acting through interventions aimed at energy efficiency and the energy transition towards renewable sources; leading the transition towards a circular economy model through means including measuring circularity from a lifecycle perspective. These are specific goals related to environmental issues, energy efficiency and transition as well as the circular economy. This Hera Group subsidiary aims to achieve them by ensuring the best working conditions for its own employees and those of its suppliers, and by promoting public-private collaboration in a multi-stakeholder approach. By becoming a Benefit Corporation, in compliance with current legislation, Hera Luce will be required to draw up an annual report on its pursuit of shared benefits, to be attached to the company’s financial statements, which will be published on Hera Luce’s website. “At Hera, we are aware that we have a great responsibility towards the local areas in which we operate”, states Tomaso Tommasi di Vignano, Executive Chairman of the Hera Group. “In our twenty years of activity, the Hera Group has placed the sustainable development of its businesses and the communities it serves at the centre of its strategy, always putting the generation of value at the heart of its relationship with all stakeholders served by the company, first and foremost its own employees, and extending it to institutions, local communities, shareholders, customers and suppliers. The transformation of our subsidiary Hera Luce into a Benefit Corporation reinforces our Group’s commitment to balanced and sustainable development through concrete and innovative projects for the energy transition, circular economy and technological evolution.” “This is a very important goal, that comes on top of the certification of the Material Circularity Report we obtained at the beginning of this year”, explains Alessandro Battistini, General Manager of Hera Luce. “Becoming a Benefit Corporation represents a commitment and a responsibility of which we are deeply aware. For Hera Luce, projects have always been characterised by their value in social and environmental terms, as well as their transparency. This choice represents a further step towards concretely achieving the model of corporate sustainability required by the market.” Legally introduced in Italy in 2016, Benefit Corporations represent an evolution of the concept of a company, with a view to sustainability and common benefit. They are, in fact, companies that decide to integrate within their corporate purpose, in addition to the objectives of profit and profit sharing, the aim of having a positive impact on society and the biosphere. 20220608_Hera Luce becomes benefit corporation FINAL.pdf 11:26:00 Economia circolare 2.jpg See the press release Economia circolare 2.jpg

2022-06-06 Please note that the deed of execution dated 18 May 2022 relating to the issue by Hera S.p.A. of a 500 million euro Green Bond is available to the public at its registered office, on the website www.gruppohera.it, and on the authorised storage mechanism 1INFO (www.1Info.it). 20220606_comunicato_pubblicazione Green Bond Hera_ENG.pdf 10:42:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg

2022-05-18 Strong interest shown by international investors for the third “green bond” which will finance the sustainability projects of the multiutility in the areas of integrated water cycle, circular economy and pollution prevention and control, and energy efficiency and energy infrastructure”. Subscriptions have reached 3.4 times the amount offered. Hera, first company in Italy to issue a "green" debt instrument in 2014, has successfully launched, in the context of its Euro Medium Term Note Programme (EMTN), its third “green bond” reconfirming itself as a reference player for sustainable finance, also at an international level. After the publication yesterday of its new Green Financing Framework (GFF), certified by an independent advisor and already in line with the EU Taxonomy, with this issue Hera gave to the market the chance to invest in the activities of the Group, in line with the EU Taxonomy. The characteristics of the new green bond and the projects financed The third green bond issued by the Hera Group (Moody’s rating Baa2 with stable Outlook and Standard & Poor’s rating BBB+ with stable Outlook), amounts to 500 million euro overall, repayable in 7 years with a 2.5% coupon and a 2.639% return. The issue date for the new green bond is expected to be May 25. The new green bond is represented by senior, non-convertible and unsecured/not guaranteed notes, reserved to qualified investors. It is also expected that the new green bond will be assigned a rating in line with Hera’s one. The strong demand, equal to 3.4 times the amount offered, and the quality of the orders received have allowed the price to be fixed at a very interesting level. The transaction has seen significant participation from international investors (in particular, Great Britain, France and Germany), most of whom investing in green and sustainable products. The bond is expected to be listed, since the issue date, on Euronext Dublin and, at the same date or thereafter, on the Luxembourg Stock Exchange's regulated markets and on Borsa Italiana's ExtraMOT PRO. The funds will be used to finance or refinance numerous projects, already implemented or included in the Business plan to 2025, selected on the basis of the provisions of the Green Financing Framework (GFF), that pursue one or more of the goals in the UN's 2030 Agenda or Sustainable Development Goals (SDGs). These projects have been subdivided into 3 areas: integrated water cycle (aligned with SDGs No. 6, 13 and 14): waste water management projects, sewerage and water infrastructures furthering resilience and adaptation to climate change; circular economy and pollution prevention and control (meeting SDGs No. 11, 12 and 13): innovative projects in plastics manufacturing, biogas and biofuel production for the use in transportation, the waste collection systems, anaerobic digestion and the compost of organic waste, and vehicle fleets for environmental services; energy efficiency and infrastructures (consistently with SDGs No. 7, 11 and 13): from energy production through photovoltaic systems and geothermic, to district heating networks, from installing devices and equipments for energy performance regulation and control, to renewable energy technologies, from hydrogen introduction networks to power transmission and distribution networks. In order to guarantee that the funds are correctly and transparently allocated, Hera has introduced a monitoring and reporting process. The amount actually dedicated to each intervention will be published in the Group's 2022 Sustainability Report, along with data concerning the environmental performances reached. Hera's partners in the transaction The Hera green bond issue was coordinated by BNP Paribas, Credit Agricole CIB, Mediobanca and UniCredit as Joint Bookrunners; BBVA, Intesa Sanpaolo and Banco Santander as Bookrunner. The law firm Legance provided Hera with assistance, while the law firm Linklaters assisted the Bookrunners. Sustainalytics, that examined Hera’s Green Financing Framework (GFF) and issued a “second party opinion”, is one of the world's leading rating firms in the field of responsible and ESG investments, it has branches in 17 Countries and over 500 international consultants. 20220518 New Green bond Hera final.pdf 17:47:00 See the press release Nuova_Palazzina_110x150.1533218221.jpg

Dich_Amb. Viale della navigazione Padova Hestambiente.pdf Environmental Declaration - Plant Complex Viale della Navigazione Interna, 34 35129 - Padova (PD)