Mundys (formerly: Atlantia SpA)

Capital/Financing Update • Jul 15, 2024

Mundys 500 million euro second Sustainability-Linked Bond

Rome, 15 July 2024 – Mundys SpA successfully launched its second Sustainability-Linked Bond with a size of EUR 500 million and maturity of 5,5 years, confirming its strong commitment to integrating sustainability into its financing strategy.

The new issuance will enable Mundys to start reducing the near-term debt maturities, including notes expiring in February 2025 currently subject to the tender offer announced today, 15 July 2024. The new Sustainability-Linked Bond, dedicated to qualified investors and expected to be listed on the regulated market of Euronext Dublin, will be issued under Mundys existing Euro Medium Term Note Programme updated on 19 June 2024 and based on the outstanding Sustainability-Linked Financing Framework.

The main conditions for the new issuance are:

• Rating: confirmed at Ba2 (Moody's) / BB+ (S&P) / BB (Fitch)
• Amount: EUR 500 million;
• Tenor: 5,5 years;
• Fixed coupon of 4,5%;
• Issue price: 99,43%;
• SLB features: premium Payment for maximum cumulative 0,75% if Mundys does not satisfy the KPI 1 Condition or the KPI 2 Condition, in accordance with the Conditions of the EMTN Programme. Both KPIs measure progress of the decarbonization roadmap of the group towards 2030.

Details as follow:

KPI 1: Reduction in absolute GHG Scope 1 and 2 Emissions by 38% by 2027 (2019 baseline)

KPI 2:

With reference to Abertis:

• 1- Reduction in intensity of GHG Scope 3 Emissions from purchased goods and services, per million kilometers travelled by vehicles using Abertis-managed road networks, by 16% by 2027 (2019 baseline);
• 2- Increase in the number of Electric Vehicle Charging Points (EVCPs) installed by 833 by 2027 (2021 baseline)

With reference to AdR:

• 1- Reduction in per passenger GHG Scope 3 emissions (excluding aircrafts sources) by 10% in 2027 (2019 baseline);
• 2- Maintain the ACA Accreditation Level labelled as Level 4+ "Transition" up to 2027

Mundys has appointed, among others, Deutsche Bank, J.P. Morgan, Société Générale and UniCredit acting as Global Coordinators and Active Bookrunners, Crédit Agricole Corporate and Investment Bank, Intesa Sanpaolo, Mediobanca - Banca di Credito Finanziario and SMBC as Active Bookrunners and Banca Akros, Barclays, BNP Paribas, BofA Securities, BPER Corporate & Investment Banking and RBC Capital Markets as Other Bookrunners. .

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DISCLAIMER

This announcement does not constitute an offer to buy the notes in the United States. The notes have not been, and will not be, registered in the United States pursuant to the United States Securities Act of 1933, as amended (the "Securities Act") or pursuant to any other financial regulation in each of the United States, Australia, Canada or Japan, as well as in any other jurisdiction where such offer or solicitation is subject to the authorisation of competent authorities or is forbidden by law. The notes cannot be offered or sold in the United States to, or on behalf or in the interest of, a U.S. person (as defined in Regulation S under the Securities Act) absent registration under, or an exemption from, the registration requirements of the Securities Act.

Mundys S.p.A.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. No action has been or will be taken in any jurisdiction, including the Republic of Italy, to permit a public offering of the notes.

This announcement cannot be published or distributed, directly or indirectly, nor can its content be reproduced in the United States, Australia, Canada and Japan and in any other jurisdiction where it is unlawful to distribute or publish this document.