Press Releases and Notices

2025-01-16 centrata Please note that the deed of execution dated 8 January 2025 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). 20250116 Documentation relating to the issue of a bond published.pdf 14:26:00 sede_hera_110 (2).jpg Download Press Release sede_hera_110 (2).jpg

2025-01-08 Strong interest shown by international investors for the fourth “green” bond, maturing in 6.5 years, that will fund the Group’s strategic capex plan focused on sustainable and resilient management of the integrated water cycle, in the circular economy for regenerating resources and in the energy transition for developing renewables and energy efficiency. Subscriptions amounting to 5.5 times the amount offered were received. centrata The Hera Group has started the year with a new milestone in sustainable finance. The first Italian company to issue a green bond in 2014, today Hera successfully launched its fourth green bond, covered by its “Euro Medium Term Note Programme” (EMTN) bond issue plan, recently updated and increased in its maximum amount. This bond respects the Group’s Green Financing Framework (GFF), prepared on the basis of ICMA principles, aligned with the criteria of the European Taxonomy and certified by an independent firm. The issue attracted significant interest from international investors, receiving orders for approximately 2.75 billion euro, almost 5.5 times the amount offered. With this issue, Hera has once again given the market an opportunity to finance the Group’s strategic projects aimed at the green transition and aligned with the Taxonomy, once again confirming itself internationally as a reference company for sustainable finance. “We are more than satisfied with the result of the placement, far exceeding expectations, of this fourth green bond: it makes our financial structure even greener and further strengthens the capital structure, making it even more resilient, as well as the credit profile of the multi-utility, in line with our Business Plan, which also calls for 2.5 billion euro in investments aligned with the European taxonomy, 98% of those eligible,” states Orazio Iacono, CEO of the Hera Group. “More specifically, this new issue provides additional stimulus for activities that create shared value, reducing the carbon footprint and regenerating resources, guaranteeing resilience in the services managed and thus making our businesses ever more sustainable. These commitments are already defined by the Group’s Green Financing Framework and the Climate Transition Plan with a Net Zero by 2050 target. This new green bond therefore confirms our goal of creating long-term value for our shareholders and our role as a multi-utility supporting the green transition for citizens, institutions and businesses.” The characteristics of the Group’s fourth green bond and the areas financed The fourth green bond of Hera Group (rated Baa2 with a stable outlook by Moody’s and BBB+/A-2 with a stable outlook by Standard & Poor’s), amounts to a total of 500 million euro, repayable in 6.5 years with a 3.250 % coupon and a 3.396% yield. The settlement date of the new issue has been scheduled for 15 January 2025. This green bond consists of senior, non-convertible, unsecured notes, intended for circulation among qualified investors. The new green bond is also expected to be assigned a rating in line with Hera’s. The transaction saw significant participation coming from international investors (in particular, Great Britain, France and Germany), mainly green and sustainable, confirming the interest towards the Group coming from abroad. The bond is expected to be listed, as of the issue date, on the regulated market of Euronext Dublin and, at the same time or at a later date, on the regulated market of the Luxembourg Stock Exchange and on the ExtraMOT PRO multilateral trading system managed by Borsa Italiana. The funds raised will be used to finance or refinance numerous projects, already ongoing or included in the Group’s Business Plan, selected on the basis of the Green Financing Framework (GFF), which work towards one or more of the goals on the UN’s 2030 Agenda for Sustainable Development (SDGs), subdivided into 3 areas: integrated water cycle (aligned to SDGs 6, 13 and 14): construction and extension of infrastructures for water collection, treatment and supply, with projects for wastewater collection and treatment; circular economy, pollution prevention and control (meeting SDGs 11, 12 and 13): advanced projects in plastics regeneration, anaerobic digestion of organic waste for the production of compost and biomethane, and waste collection and transport systems; energy efficiency and infrastructures (consistent with SDGs 7, 11 and 13): production of renewable electricity through photovoltaics and geothermal energy, development of district heating networks, installation, maintenance and repair of energy efficiency equipment and renewable energy technologies, including electricity transmission and distribution grids. To ensure that the funds are correctly and transparently allocated, Hera has set up a monitoring and reporting process, which also ensures that the amount actually dedicated to each intervention, along with evidence of the environmental performance achieved, will be published in the Group’s 2024 Sustainability Report. The partners in the transaction Hera’s green bond issue was coordinated by BNP Paribas, Credit Agricole CIB, Mediobanca, UniCredit, BBVA, Intesa Sanpaolo, Banco Santander, Banca AKROS, Deutsche Bank, BPER Banca, Montepaschi di Siena, Barclays and Caixabank as Joint Bookrunners. The law firm Legance assisted Hera, while the firm Linklaters provided support to the Joint Bookrunners. Hera Group new 500 million euro green bond.pdf 18:15:00 sede_hera_110-2.jpg sede_hera_110-2.jpg

2024-12-16 centrata 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 4.5 billion to euro 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 and the increase of the maximum plafond of the EMTN Programme 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 20:52:12 sede_hera_110-2.jpg Download Press Release sede_hera_110-2.jpg

Following Ascopiave’s decision to exercise its option to sell its 25% stake in EstEnergy, Hera Comm becomes the sole shareholder of the largest energy operator in the Northeastern Italy

In the “Listed and unlisted utilities and multi-utilities” category, the Hera Group was recognized for its high level of maturity and its awareness of the intrinsic value of the ESG reporting process

The Group included in both the Dow Jones Sustainability Europe Index and the Dow Jones Sustainability World Index is the world’s most sustainable multi and water utility. This comes as further recognition of the company’s approach to creating shared value for all stakeholders

The first nine months of the year closed with growth in the main financial indicators and in capital expenditures, in line with the first two quarters and the Business Plan targets. In particular, the increase in net profit attributable to Shareholders, coming to over 20%, confirms not only the Group’s solidity and the effectiveness of its multi-business industrial strategy, but above all its ability to combine internal growth with a positive return on invested capital and the creation of value for all stakeholders.

(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)

2024-10-23 cs panasonic.jpg The Japanese electronics leader consolidates its collaboration with the multi-utility to distribute the 4.0 gas meter NexMeter in the European market. Thanks to its advanced features in measurement and safety in case of dangerous leaks, proven performances in emission reduction and energy efficiency, the device plays an essential role in the decarbonization of consumption centers. centrata At ENLIT Europe 2024 (Milan, October 22-24), one of the most important fairs for energy transition focusing on innovations in smart grid technologies for decarbonization, Hera Group, one of Italy’s largest multi-utilities, and Panasonic Industry Europe, a subsidiary of the Japanese multinational, strengthen their collaboration by extending the commercial agreement for the distribution of the innovative NexMeter gas meter to the European gas distribution market, with potential future partnerships with global operators. The collaboration between Gruppo Hera and Panasonic dates back to 2019, when the multi-utility launched its 4.0 smart gas meter, equipped with advanced safety and leakage reduction functions, which later evolved in terms of hardware and software. Conceived by an industrial group with a strong focus on sustainability, NexMeter is mainly built with recyclable components. Since 2021, Hera has also introduced recycled plastic components and obtained the “compatibility” label for green gas mixtures such as hydrogen and biomethane. NexMeter is now a consolidated device. The Hera Group’s development plan has led to the installation of about 300,000 meters mainly in Friuli-Venezia Giulia and Emilia-Romagna, areas classified as of high seismic risk. Thanks to its advanced features and shut off valve, the meter can detect gas leaks in the users’ homes, stop the supply in case of dangerous leaks, and alert emergency centers autonomously. To date, 70 alert cases have been recorded, 18 of which avoided serious incidents. Additionally, NexMeter’s extreme sensitivity allows the detection of even small, often hidden leaks, effectively contributing to the reduction of methane emissions into the atmosphere in homes and companies. Initially developed to meet the needs of areas affected by the 2012 Modena and Ferrara earthquake, over time NexMeter has become a safety tool for people and the environment, with significant benefits in emission reduction and consumption efficiency. For the Hera Group, the NexMeter is a strategic lever for reducing Scope 3 emissions as outlined in its Climate Transition Plan with a net zero target by 2050. This document, in line with the scientific community guidelines, quantifies the Group’s current and future emission impacts and illustrates both the contribution of external scenario evolution and the internal decarbonization levers the company will implement with an active stakeholder involvement. One of the most innovative aspects of Hera Group’s net zero plan is the aim to reduce emissions not only within its activities but also along the entire value chain, investing in solutions that promote energy efficiency and electrification at consumption centers. Thanks to the technology adopted for NexMeter, which offers exceptional performance and advanced features, the Hera Group has been a pioneer in smart gas metering. For Panasonic, with over 35 years of market experience, NexMeter represents a significant reference in the European smart gas metering market and fully meets its sustainability goals: among other initiatives by the Japanese group, this project is aimed at creating innovative and green technologies for people’s well-being. This collaboration leverages Panasonic’s experience in the Japanese market, where most meters are equipped with safety functions, particularly through a unique safety logic using pressure, seismic data, and an innovative Ultrasonic Measurement Unit customized for the Italian and European markets. With over 20 million Ultrasonic Measurement Units installed globally, NexMeter is compatible with sustainable energy sources, including hydrogen (up to 23% in the current version and 100% in the next generation) and biogas, and it is also effective for calorific value measurement. “The Italian gas system is undergoing a significant transition and change. An evolutionary path where industrialization and technological advancement go hand in hand with the sector’s focus on sustainability, decarbonization, and energy security. To accelerate this process, teamwork among the main sector companies is essential, sharing skills and knowledge. In this context, Hera Group’s contribution is expressed through extensive research and technological evolution with the development of digital tools like NexMeter. The advanced meter we launched and positively tested on the market for 5 years has achieved positive results in home safety in seismic areas and gas leak detection, playing an important role in reducing methane emissions into the atmosphere. Therefore, it represents one of the industrial evolution tracks that the Hera Group brings as a contribution to the energy transition of the gas distribution sector. Besides, it fully fits within the levers for reducing Scope 3 emissions outlined in the Climate Transition Plan with a net zero target by 2050 defined by the Group. The international extension of the partnership with a market leader like Panasonic Industry reaffirms not only the qualities of NexMeter but also our role as pioneers and early adopters in metering. We hope that this meter can support other countries operators in their transition journey and lead to a reconsideration in terms of remuneration by the Italian regulatory authority,” said Alessandro Baroncini, Central Network Director of Gruppo Hera. Winfried Neumayer, Senior Director of Panasonic Industry Europe, added: “Our participation in this collaboration marks a significant step towards expanding our business in Europe. Extending the commercial agreement with Gruppo Hera to promote the revolutionary NexMeter in the European gas distribution market represents an extraordinary opportunity for Panasonic to establish new partnerships with global gas operators. Our collaboration with Gruppo Hera underscores Panasonic’s commitment to innovation, safety, and sustainability. NexMeter is the ideal solution for European gas distributors to achieve their environmental sustainability goals. Collaborating with Gruppo Hera, Panasonic brings extensive knowledge and experience. While Panasonic specializes in providing advanced components, Gruppo Hera’s extensive expertise in gas distribution makes them an ideal partner for this venture. This union is destined to improve gas distribution by combining Japanese precision with European industry experience.” A technology that also looks confidently at hydrogen blending NexMeter is also “hydrogen ready,” being the only meter field-tested with a methane and hydrogen blend in the gas distribution network of the Italian Castelfranco Emilia (Mo) town. After the second injection test, the multi-utility started a working group involving the Ministry of Environment and Energy Security and the Fire Brigade to test a blend with higher hydrogen percentages. The NexMeter Core Project Thanks to the success of NexMeter’s features over the past 5 years, the multi-utility has decided to replace all its meters with new device evolutions and a subsequent generation of NexMeter starting in 2029. The next meters produced will also be recognizable as “NexMeter Core” thanks to an identifying logo that will be affixed to mark the project’s evolutionary consolidation, both in terms of gas composition measurement, including blending, and its energy value, aiming for greater efficiency and consumption reduction.   20241023_cs Panasonic and Hera Group for international distribution of NexMeter_EN.pdf 11:25:00 sede_hera_110-2.jpg Read the Press Release sede_hera_110-2.jpg

2024-10-23 Saipem's Bluenzyme technology is expected to be applied to capture CO₂ emissions at the waste-to-energy plant of the subsidiary Herambiente in Ferrara. It will be the first industrial-scale example of CCS applied to a plant of this type in Italy. The project is one of the main decarbonization levers in the multi-utility's Climate Transition Plan to reduce internal emissions centrata Capturing carbon dioxide emitted from the waste-to-energy plant’s chimneys and storing it in depleted natural gas fields, thereby significantly reducing plant emissions while contributing to the decarbonization of local areas. This is the goal of the pioneering project for the Ferrara plant - proposed by Hera Group, as the lead partner, in collaboration with Saipem - that has been selected to receive funding under the fourth call for mid-scale projects from the EU Innovation Fund. Once the allocation is finalized, the funding for the CO₂ emission capture project will amount to nearly €24 million. This industrial CO₂ capture project is the first of its kind in Italy designed for waste-to-energy plants and among the first in Europe. It involves the application of Bluenzyme™️, Saipem's proprietary and modular solution based on “CO₂ Solutions”, an innovative enzymatic technology for capturing carbon dioxide in industrial processes of small and medium emitters. The initiative was selected by European authorities for its high level of innovation, and its potential replicability in other waste-to-energy plants and other hard-to-abate industrial sectors in Italy, and more generally across Europe. The European Funds will cover a significant portion of the €53 million planned for the construction of the CO₂ capture plant. Depending on opportunities arising from changes in the regulatory framework, the plant is expected to be operational by 2028. The project will fully abate CO₂ emissions from the Ferrara waste-to-energy plant CO₂ capture is a crucial decarbonization tool for waste-to-energy plants, and for now, the Herambiente plant in Ferrara has been identified as the most suitable. The project will enable, in fact, the capture of approximately 90% of the emissions from one of the plant's two lines, amounting to 64 thousand tons of CO₂ per year (equivalent to the annual emissions of around 37 thousand cars), which represent the entirety of the CO₂ emitted, making the entire energy production from the waste-to-energy process sustainable. The remaining share of the CO₂ emitted by the plant is biogenic in nature and therefore environmentally neutral. The captured CO₂ will be transported via pipeline and stored in the depleted gas fields of the Adriatic. The new CO₂ capture plant will ensure high standards of safety and innovation, while maximizing energy efficiency. It will be entirely green, as it will exploit renewable energy, both generated from the waste-to-energy plant itself and from geothermal heat delivered through the multiutility’s district heating network. The enzymatic capture process, with a low environmental impact, can be powered by low-temperature heat, such as geothermal heat. Further CO₂ emissions will therefore be avoided. Hera Group's commitment to decarbonization and the Climate Transition Plan With this initiative, Hera Group, one of the main multiutilities in Italy, reaffirms its commitment to fostering and supporting the ecological transition of the areas it serves, leveraging its extensive plant network and the expertise developed in various sectors. The company confirms itself as a pioneer in pursuing carbon neutrality, a central theme in its strategy: this project represents, in fact, one of the main internal levers outlined in the Hera Group's Climate Transition Plan aimed at reducing emissions with the goal of achieving Net Zero by 2050. Out of the €4.4 billion in investments planned by Hera Group in its industrial plan for the period 2023-2027, more than 30% are dedicated to projects that support decarbonization. “We achieved the highest score in the European Innovation Fund call: this confirms the highly innovative nature of this initiative. This is a very significant achievement, which sees us as pioneers in Italy with this industrial-scale CO₂ capture solution, applied to waste-to-energy plants. As leaders in the environmental sector, we are paving the way for innovation in this field, leveraging investments and expertise. This is a safe technology and replicable in other plants in Italy and abroad, which combines circular economy activities aimed at material recovery with decarbonization processes. With this solution, in a crucial sector like waste treatment and energy generation, we extend the lifespan of plants while increasing their resilience. This technology is among the main internal levers for reducing Scope 1 emissions outlined in our Climate Transition Plan. We are the first multiutility sector player in Italy and among the first in Europe to declare the Net Zero target for 2050 across all three Scopes: while being deeply rooted in the areas we serve, we feel more than any other company the need to create value, fostering sustainable community development and increasing the resilience of our assets through the enabling power of new technologies” – declared Orazio Iacono, CEO of Hera Group. “The recognition from the EU Innovation Fund confirms the high level of innovation in Saipem’s Bluenzyme™️ technology for the decarbonization of small and medium emitters in hard-to-abate sectors with a unique project for Italy and in Europe that strengthens our company's role in supporting its clients in their journey towards carbon neutrality”, declared Alessandro Puliti, CEO of Saipem. PR Saipem Hera Group.pdf 07:38:00 sede_hera_110-2.jpg Read the Press Release sede_hera_110-2.jpg

(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)

2024-10-02 centrata The Hera Group’s Director of Investor Relations, Jens Klint Hansen, received the Rising IR Professional 2024 award during the Italian Investor Relations Awards ceremony, organised by the Investor Relations Association in collaboration with Nasdaq and Extel. The event took place at the headquarters of Cassa Depositi e Prestiti in Milan, and the results were published on the Nasdaq Tower in Times Square in New York. Extel, an independent research provider with a strong reputation among institutional investors and financial analysts that has been operating in the market for over 50 years, gave Hansen this award “for the significant increase in the consensus obtained from investors and analysts in the main financial centres”. “I am grateful to receive this award, which confirms how much the financial community appreciates the management of transparent and reliable relations, consolidating the market’s trust in the Hera Group and its strategy for growth. This wealth of relationships goes to the benefit of all stakeholders,” remarked Jens Klint Hansen. After overseeing Hera’s IPO in June 2003, since January 2010 Hansen has been the Group’s Director of Investor Relations, entrusted with defining, implementing and managing communication strategies and relations with financial market institutions.   20241002 Hera Group - Jens Klint Hansen Rising IR Professional 2024.pdf 11:50:00 sede_hera_110-2.jpg Read the Press Release sede_hera_110-2.jpg

2024-09-24 Included once again in the TOP 100 of the FTSE Russell (formerly Refinitiv) international index, the Group ranked 3rd in Italy and 19th globally among the 100 most inclusive and diversity-conscious companies. This comes as further recognition of the Group’s commitment to creating an inclusive and people-friendly corporate culture. centrata For the 9th consecutive year, the Hera Group has been confirmed as one of the world’s Top 100 companies most attentive to diversity and inclusion, according to the recognition given by the FTSE Diversity and Inclusion Index, the international index designed by FTSE Russell (formerly Refinitiv). The Group ranked top multi-utility overall, 3rd among Italian companies and 19th globally in the ranking compiled on the basis of data collected by FTSE Russell at 30 June 2024. This international benchmarking company analysed more than 15,500 listed companies worldwide, which were assessed according to 24 parameters divided into four pillars: gender diversity, inclusion, people development and controversies. This further recognition confirms the Hera Group’s commitment to reducing inequalities, enhancing diversity and fostering people development in order to create an inclusive corporate culture that is attentive to the uniqueness of individuals and capable of creating broader solutions that benefit the company and all its stakeholders. Fairness and inclusion are also among the main pillars of the Good Work Deal signed in July with the trade unions. This broad, innovative and programmatic document represents a historic deal with the trade unions and provides an unprecedented instrument to companies in the sector. The new elements contained in the Agreement include a commitment to support parenting, frail persons, and caregivers, the valorisation of diverse abilities, investment in the growth and wellbeing of the Group’s people, the fight against gender-based violence and the promotion of inclusion. These results are achieved through concrete actions and by building a culture of fairness and inclusion. Since its inception, the Group has promoted initiatives aimed at gender equality along a path whose most significant milestones include the signing of the Charter for Equal Opportunities and Equality at Work, launched in Italy in 2009, the establishment in 2011 of a Diversity Management working group made up of colleagues from various company departments, the approval in 2024 by the Hera Group’s Board of Directors of the “Gender Equality Policy”, the appointment of a Guidance Committee to ensure its effective adoption and, finally, the achievement for its 11 largest companies of gender equality certification in accordance with the UNI/PdR 125:2022 reference practice.   20240924 - PR Hera ranks as world’s top multi-utility in the FTSE Diversity & Inclusion Index.pdf 2024-09-24 11:05:00 sede_hera_110-2.jpg Read the Press Release sede_hera_110-2.jpg

The consolidated half-year report at 30 June indicates growth in the Group’s main operating-financial indicators and shows its considerable financial solidity, fully in line with the targets set out in the Business Plan. With the approval of its Climate Transition Plan, with a Net Zero target by 2050, Hera has once again confirmed its commitment to the sustainable development of the areas it serves, creating value for all stakeholders.

The Hera Group’s climate change mitigation strategy is now enriched with the definition of the Climate Transition Plan and the goal of reaching Net Zero by 2050 as regards direct and indirect emissions.

2024-07-30 centrata Hera Group finalises acquisition of TRS Ecology Through its subsidiary Herambiente Servizi Industriali, the Group has further consolidated its leadership in the waste management sector. The acquisition of 70% of Piacenza-based TRS Ecology broadens the Group’s scope of operations and strengthens the growth prospects of a well-established local company. A project to renovate the Caorso platform has already begun, aimed at additional environmental protection and increased material recovery. The closing, following January’s binding agreement A company serving the circular economy, ever closer to businesses and increasingly focused on environmental protection: this is the goal of the finalisation of the acquisition by Herambiente Servizi Industriali (a subsidiary of Herambiente, itself part of the Hera Group) of 70% of TRS Ecology, a company based in Caorso, near Piacenza, and focused on industrial waste treatment and recovery, with 70 employees and a roughly 2,700 current customers. The closing follows up on the binding agreement signed by the parties on 25 January and was made possible by the concurrence of all the conditions precedent foreseen in the preliminary phase. Claudio Dodici at the helm of TRS Ecology TRS Ecology is the newco to which TRS Ecologia (owned by the Dodici family) has transferred its business unit related to the multifunctional platform for special waste treatment located in Caorso in Piacenza area, which will be headed by Claudio Dodici as CEO. The industrial and economic rationale of the operation The merger into Herambiente rests on two main rationales. First of all, it offers TRS customers (located mainly in the provinces of Piacenza, Lodi, Cremona, Brescia and Parma) additional opportunities in the treatment and recovery of their industrial waste, which will have access to Herambiente’s network of approximately 100 plants, by far the largest in the country. TRS Ecology’s platform will also allow Herambiente Servizi Industriali to further expand the geographical scope of its services to western Emilia, lower Piedmont and Lombardy (including the Milan area), also achieving significant technical and commercial synergies with the Group’s other plant solutions and companies. 10 million invested in sustainability at the Caorso platform This new corporate structure will govern the important changes made to the Caorso platform over the upcoming months. Storage spaces will indeed be optimised and reorganised, and new treatment lines will be introduced to increase opportunities for recovery and production of secondary raw materials from incoming waste. The work should be completed by the end of 2027 and will see the use of innovative technologies aimed at further improving environmental protection and safety for workers, in line with European best practices. Ramonda: “TRS shows skills in line with our standards and the same entrepreneurial vision” “This merger creates additional value for all Herambiente’s stakeholders,” explains Andrea Ramonda, CEO of Herambiente. “On the one hand, because it allows us to broaden our scope of action, and on the other because what we have found in TRS are not only distinctive skills fully in line with our standards, but also the same entrepreneurial sensitivity, oriented towards seeing industrial waste as an essential lever for the full implementation of the circular economy.” Dodici: “joining the Hera Group marks a new beginning for TRS” “Becoming part of the Hera Group marks a new beginning for TRS, which looks above all towards development,” states Claudio Dodici, CEO of TRS Ecology. “The Hera Group’s know-how, unique in Italy, and its financial solidity, will act as true accelerators of growth, and will find their first application in the project to renovate the Caorso platform, which when fully operational will also have a significant impact on employment in the area, in terms of both spin-offs and direct hires, amounting to about 30% more than the 70 current employees.”   11:11:00 sede_hera_110-2.jpg sede_hera_110-2.jpg

2024-07-18 centrata To achieve environmental sustainability goals and create value, this leading operator in the shipbuilding industry has signed an agreement with the Hera Group, Italy’s foremost company in the waste management sector, to establish a newco aimed at managing almost 100,000 tonnes per year of industrial waste produced in its shipyards, and creating a new integrated waste management system, intended to reduce waste and enhance recovery with a view to the circular economy. The first area of intervention will be in Monfalcone (Gorizia), and the objective is to subsequently extend the partnership to other Fincantieri shipyards in Italy and potentially abroad. Fincantieri, one of the world’s leading groups in the highly complex shipbuilding industry, and the Hera Group, one of Italy’s largest multi-utilities operating in the waste management, energy and water sectors, have signed a memorandum of understanding to launch a partnership aimed at optimising waste cycle management and creating value in Fincantieri’s shipyards throughout Italy, in accordance with the principles and objectives of the circular economy. The agreement calls for the establishment of a newco – owned by Fincantieri and the Hera Group, through its subsidiaries Herambiente Servizi Industriali (HASI) and ACR di Reggiani Albertino S.p.A. (ACR), part of the Herambiente Group, Italy’s foremost operator in the waste management sector and among the largest in Europe – charged with implementing an integrated and efficient waste management system at Fincantieri’s shipyards, starting with the Monfalcone site, identified as the first area for intervention in the implementation of the project. The new company will also be responsible for the operational administration of the plant, the management of waste disposal and the valorisation of residues and recoverable waste. With this partnership, Fincantieri aims to reduce its waste production, maximise waste recovery by applying advanced technologies for industrial waste treatment and valorisation, create sorted waste collections for the reuse of materials in production cycles, and optimise logistics and waste handling to increase safety on construction sites. The agreement also represents an important opportunity to create value, both economically and in terms of sustainability. The Hera Group’s extensive experience in industrial waste management and in implementing sustainable solutions, shared with its subsidiaries HASI and ACR, who will be responsible for managing operations, will thus enable Fincantieri to accelerate the achievement of ESG goals in its shipyards. This will involve concrete circular economy initiatives in all areas: from reducing waste production to increasing the amount of solid waste sent for recycling, valorising residues, recovering water and reducing CO₂ emissions. The project will be developed over several stages, starting with the establishment of the newco and the beginning of activities in Monfalcone within 2024, with the aim of managing nearly 100 thousand tons per year of industrial waste produced at the shipyards and increasing the portions from which value can be obtained – particularly iron, wood and paper – by 15% as of the first year. Subsequently, this model will be completed thanks to the construction of advanced treatment plants and an optimized waste management. All this will be made possible by a series of structural initiatives, once again with a view to the circular economy, such as the construction and management of a new sorting line, a new water treatment plant for subsequent reuse, and a revamping of the temporary storage facility. Pierroberto Folgiero, CEO and General Manager of Fincantieri: “To meet the challenges of environmental sustainability in our shipyards, we have chosen to collaborate with the most qualified partners who can guarantee innovative and effective technological solutions with a diversified geographic presence and the ability to pursue economies of scale and scope. In this sense, our agreement with the Hera Group, an outstanding Italian company and the leader in its sector, represents a further step that reinforces our commitment to adopting circular economy practices directly in our production sites, fully consistent with our business plan. The combination of our skills and those of the Hera Group will improve waste management at our sites, contributing to environmental protection, optimizing production processes and increasing safety and thus creating value. This partnership is in line with our business plan and above all demonstrates the Group’s all-round commitment to sustainability and the circular economy.” Orazio Iacono, CEO of the Hera Group: “Our partnership with Fincantieri confirms the Hera Group’s role as a strategic partner for the green transition of Italy’s industrial sector. Thanks to our strategy, that leverages a portfolio of global waste services and our leadership in the waste management sector in Italy, we intend to support even large companies in achieving their ESG targets, thus generating benefits that are not only environmental, but also economic and social. Strengthened by decades of experience and the results we have already achieved in the waste management, energy and water sectors, through circular projects such as the ones included in the agreement signed with Fincantieri, we want to increase our presence at the side of the industrial sector in reducing and recycling waste and regenerating resources.”   *** Fincantieri Fincantieri is one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems. With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing over 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in three continents and with more than 21,000 employees. www.fincantieri.com Hera Group The Hera Group is one of Italy’s largest multi-utilities and operates in the waste management, energy and water sectors, with roughly 10,000 employees dedicated every day to meeting the multiple needs of approximately 5 million residents located mainly in Emilia-Romagna, Veneto, Friuli-Venezia Giulia, Marche, Tuscany and Abruzzo. Publicly listed since 2003, it is among Italy’s top 40 companies in terms of capitalisation (and is part of the FTSE MIB index) and since 2020 has been included in the Dow Jones Sustainability Index, World and Europe. Group subsidiary Herambiente, which owns about one hundred certified plants, employs over 1,600 specialised operators and has a dedicated sales structure, is Italy’s leading operator in the waste treatment sector and operates on the national and international market. Within the Herambiente Group, Herambiente Servizi Industriali (HASI) is the largest Italian company dedicated to managing industrial waste, while A.C.R. di Reggiani Albertino S.p.A., which joined the Group in 2023, is the Italian leader in the remediation and decommissioning sector and in the operational management of waste treatment activities at the plants of large industrial customers. For more information: www.gruppohera.it - www.herambiente.it – www.acrreggiani.it   Contacts FINCANTIERI Press Office Ph. +39 040 3192473 press.office@fincantieri.it Investor Relations Ph. +39 040 3192111 investor.relations@fincantieri.it GRUPPO HERA Head of Media Relations and Publishing for the Hera Group: Cecilia Bondioli Ph. +39 051 287595 cecilia.bondioli@gruppohera.it – ufficiostampa@gruppohera.it Pr_Fincantieri agreement with Hera Group.docx 12:00:00 sede_hera_110.jpg sede_hera_110.jpg