Press Releases and Notices

Nuova_Palazzina_110x150.1533218221.jpg The majority lists of candidates for the appointment of the Board of Directors and the Board of Statutory Auditors, accompanied by the relevant documentation required by the regulations in force, registered within the deadline by shareholders in light of the Shareholders Meeting called for 27 April 2023, are available to the public at Group’s headquarters, in the dedicated section of the company’s website (https://eng.gruppohera.it/group/corporate_governance/shareholders_meetings/) and on the authorised storage mechanism 1INFO, which can be accessed at www.1Info.it. See the press release 08032023 Majority lists published.pdf 2023-03-08 12:56:00 Nuova_Palazzina_110x150.1533218221.jpg

With reference to the binding agreement signed on 7 November 2022, the partnership was finalised today between Hera and ACR, one of Italy’s leading companies in the sector of contaminated site remediation, industrial waste treatment, plant decommissioning and, more generally, on-site management for leading Italian oil & gas customers. The Hera Group expects this transaction to contribute with approximately 20 million euro to growth in its consolidated Ebitda. Nuova_Palazzina_110x150.1533218221.jpg This morning, at the Hera Group’s Bologna headquarters, the Group, acting through its subsidiary Herambiente Servizi Industriali (HASI), and A.C.R. di Reggiani Albertino S.p.A.® (ACR), based in Mirandola, in Modena area, finalised a transaction creating the Italy’s largest operator in the environmental remediation and industrial waste global service sector, with a nationwide service's coverage. The closing follows up on the binding agreement signed by the two parties on 7 November 2022, with which Hera acquired 60% of ACR, while some remediation and global service activities previously held by HASI were transferred to the new company. The remaining 40% remains controlled by the Reggiani family. Today also saw the appointment of the Board of Directors of the new ACR, whose CEOs remain the brothers Alberto and Claudio Reggiani. This partnership with an important operator both locally and on the national scene will enable Hera, already a leader in the waste management sector, to further strengthen its leadership in the field of remediation, industrial waste treatment, decommissioning and oil & gas-related civil works. The contribution to growth in the Hera Group’s consolidated Ebitda is expected at approximately 20 million euro. The details of the partnership The new ACR has many strengths, being able to provide a highly performing and widespread service, particularly to companies having large industrial plants who need a qualified operator with infrastructures and expertise in the field of remediation and waste management. The new company established today combines, in fact, Hera’s consolidated multi-business strategy and innovative set of plants with ACR’s experience, gained over 45 years of activity. The Hera Group currently manages over one hundred certified, state-of-the-art plants, capable of treating all types of waste (municipal, industrial and liquid and solid) and employing 1,600 specialised operators. Through its subsidiary HASI, it treats 1.3 million tonnes of industrial waste every year in 18 multi-purpose sites. ACR, instead, can boast a high operational capacity, time to market in services, a considerable set of machinery and equipment, over 450 employees, approximately ten operating sites in Italy, more than 100 active reclamation sites, and, among its customers, the major players in the oil & gas sector. “For the Hera Group, investing in an important operator based in Emilia such as ACR is perfectly in line with our strategic guidelines. With the Group’s activities, we aim to guarantee positive returns and economic benefits for the areas served. Moreover, in full continuity with the transactions completed in recent years”, states the Hera Group’s Executive Chairman, Tomaso Tommasi di Vignano, “this partnership with ACR allows us to strengthen our waste management services intended for large companies, expanding operational and plant capacity and expanding our presence in the country. In a complex scenario, characterised by infrastructural shortcomings and a high level of sector fragmentation, companies now require integrated management services for their industrial waste. Thanks to our many years of experience, state-of-the-art facilities and highly specialised personnel, we are able to support companies with turnkey proposals and high quality and safety standards. Advanced in terms of the circular economy as well, we are able to make their processes more efficient and virtuous and help them achieve concrete, measurable and increasingly challenging sustainability goals. The synergies resulting from transactions such as this one will therefore bring concrete benefits for all our business customers and will also generate positive repercussions for the local areas served”. “We are pleased to become part of a company such as the Hera Group, one of Italy’s largest multi-utility organisations that has always maintained strong roots in the local area”, comment the brothers Alberto and Claudio Reggiani, CEOs of A.C.R. di Reggiani Albertino S.p.A.® “We and our employees see this partnership as a fundamental step for our company’s growth, which will allow us both to strengthen our presence in the core business of reclamation and to enter the world of global service. With this operation we will enhance, indeed, our activities in the waste management sector, integrating all the necessary and fundamental skills to be counted among the most important players nationwide in these fields”. See the press release 20230308 closing ACR.pdf 2023-03-08 12:06:00 Nuova_Palazzina_110x150.1533218221.jpg

Nuova_Palazzina_110x150.1533218221.jpg Hera S.p.A.’s Public shareholders syndicate committee met today and approved the lists of candidates for the position of members of the Board of Directors and the Board of Statutory Auditors for the next three years, who will be proposed for appointment at the Shareholders Meeting held on 27 April 2023. In accordance with regulations, the lists will be made public by 6 April 2023. The Committee, noting that the Executive Chairman of the Hera Group, Tomaso Tommasi di Vignano, believes that he has fulfilled his mandate, which expires on the date of the upcoming Shareholders Meeting, wishes to thank him for his fundamental contribution to the growth of the company, which he has led for over twenty years. “Our deepest gratitude goes to Tomaso Tommasi di Vignano”, states the Public shareholders syndicate committee, “for accepting, since 2002, to lead the company, developing and consolidating it, and ultimately making it one of the most important multi-utility companies in the country, while maintaining the Group’s strong local roots. As is shown by the remarkable and significant results achieved over these twenty years, placing our trust in him for such a long time was the right choice. We consider the value created by this company, in terms of investments, innovation, employment, entrepreneurial and cultural development, to be particularly important for our local areas. Combining corporate growth and sustainable development, creating ever more value to be shared with stakeholders, and contributing to improving the quality of life in the localities where the Group operates, is the winning model achieved by Tommasi, and we will continue to follow it over time”. With reference to the Shareholders' Meeting of next April 27, the Syndicate committee indicated Cristian Fabbri, Hera’s current Central Market Director and CEO of the subsidiary Hera Comm, for the role of Executive Chairman, thus enhancing the internal growth of a high-level manager who has been with Hera since 2006. Orazio Iacono and Gabriele Giacobazzi, who already hold these roles in the company, were indicated for the roles of CEO and Vice Chairman of Hera. See the press release 20230302 press release shareholders syndicate committee.pdf 2023-03-02 16:16:00 Nuova_Palazzina_110x150.1533218221.jpg

Nuova_Palazzina_110x150.1533218221.jpg The Executive Chairman of the Hera Group, Tomaso Tommasi di Vignano, after more than twenty years at the head of the company, believes that he has fulfilled his mandate, which expires on 27 April 2023, the date on which the Shareholders Meeting has been called. “I am proud to have contributed to the history of the Hera Group”, states Chairman Tomaso Tommasi di Vignano, “and, working with a top-class management team, to have combined corporate growth with sustainable development. We have created an innovative model that remains ahead of its time, aimed at creating ever more value for our stakeholders and making the areas served increasingly competitive. I therefore wish Cristian Fabbri the best of luck with the important position he will soon cover, after the Shareholders Meeting held on 27 April. It provides recognition for the excellent work he has been doing within the Hera Group since 2006, and I am certain that he will continue to contribute to the company’s development and will also be able to turn future challenges into opportunities”. Tomaso Tommasi di Vignano has been Chairman of the Group since November 2002, and oversaw its initial public offering in June 2003. His guidance has been fundamental in realising the far-sighted vision of the Hera Group’s founding public shareholders, and with his know-how and undisputable management skills, he has helped to guide the company along a path of development and success that has made it one of the most important multi-utility companies nationwide, consolidating its leadership in the sectors in which it operates. This path of uninterrupted growth was crowned in 2019, when Hera was included in the FTSE MIB among the 40 largest companies on the Italian stock exchange, and in 2020, when it was included in the prestigious international Dow Jones Sustainability Index. For more than twenty years, the Group has been committed to creating value for all stakeholders and, thanks to its solid corporate governance, it has confirmed itself over time as a reference point for the areas served and a highly reliable systemic operator. As evidence of its steady growth, it is worth recalling that since 2002 the Group’s workforce has more than doubled (from 4,200 to over 9,300 employees), as has the number of citizens served (from 2 million to over 4.2 million) and EBITDA has increased six-fold, from 192 million to almost 1.3 billion euro. In twenty years, the significant investments made, totalling approximately 8 billion euro, and the more than 50 mergers and acquisitions carried out, have enabled the company to achieve significant synergies and expand its scope of activity. This has produced a growing economic impact on the areas served and has created value for all stakeholders, from employees, customers and suppliers to the Group’s shareholders, who have received dividends totalling more than 2 billion euro over the years. See the press release 20230302 Statement Executive Chairman Hera Group.pdf 2023-03-02 16:07:00 Nuova_Palazzina_110x150.1533218221.jpg