Leonardo S.p.A.

Capital/Financing Update • Nov 7, 2022

	17:39:34	Euronext Milan
:	LEONARDO
:	169036
:	LEONARDON04 - Micelisopo
:	2.2
:	07 Novembre 2022 17:39:34
:	07 Novembre 2022 17:39:35
:	Leonardo: 260 million euros "Sustainability Linked" financing from the European Investment Bank with innovative KPI linked to technology ESG objective
		Data/Ora Ricezione 07 Novembre 2022

Testo del comunicato

Leonardo: 260 million euros "Sustainability-Linked" financing from the European Investment Bank with innovative KPI linked to technology ESG objectives

PRESS RELEASE

Leonardo: 260 million euros "Sustainability-Linked" financing from the European Investment Bank with innovative KPI linked to technology ESG objectives

Rome, 7/11/2022 – Today Leonardo and the European Investment Bank (EIB) have signed a loan agreement for 260 million euros.

The "Sustainability-Linked" financing has the purpose of supporting the Research, Development and Innovation (RDI) activities in the fields of helicopter, security, defence electronics and space, as well as the research activities at Leonardo Labs, contributing also to the fight against climate change.

The loan, which has a maximum life of 12 years and a grace period of up to four years, carries a margin adjustment mechanism based on Leonardo's achievement of specific indicators (KPIs) linked to ESG objectives.

Alessandro Profumo, Leonardo CEO, commented that "This financing will allow Leonardo to contribute to important high-technology investments in helicopters, security, IT infrastructure, commercial electronics, space, and Leonardo Labs, for the development of new cutting-edge technologies".

"This is the first loan in the A&D sector where the selected ESG targets include a KPI linked to technology, more specifically Leonardo's increase in computing power per capita, as key enabler and booster in our research, numerical simulation, big data analytics and artificial intelligence. The other KPI is the reduction of CO2 emissions – Alessandro Profumo concludes –, confirming Leonardo's commitment to contributing to the fight against climate change".

The loan will allow Leonardo to have access to a long-term financing instrument at more favorable conditions than those offered on both bank and bond markets as well as flexibility in the timing of the drawdown that can take place within the next 15 months.

This is the fourth financing transaction underwritten between the EIB and Leonardo; the first, fully repaid, of 500 million euros, in 2009, was aimed at developing technologically innovative aeronautical components; the second one of 300 million euros in 2018 and the third, for additional 200 million euros in 2020, were aimed at supporting investment projects in four main areas: development of highly innovative products in Helicopters, Cyber Security, Advanced Manufacturing (Industry 4.0) and Investments in cohesion areas.

Press Office Ph +39 0632473313 leonardopressoffice@leonardo.com

Investor Relations Ph +39 0632473512 ir@leonardo.com

leonardo.com

Leonardo, a global high-technology company, is among the top world players in Aerospace, Defense and Security and Italy's main industrial company. Organized into five business divisions, Leonardo has a significant industrial presence in Italy, the United Kingdom, Poland and the USA, where it also operates through subsidiaries that include Leonardo DRS (defense electronics), and joint ventures and partnerships: ATR, MBDA, Telespazio, Thales Alenia Space and Avio. Leonardo competes in the most important international markets by leveraging its areas of technological and product leadership (Helicopters, Aircraft, Aerostructures, Electronics, Cyber & Security Solutions and Space). Listed on the Milan Stock Exchange (LDO), in 2021 Leonardo recorded consolidated revenues of €14.1 billion and invested €1.8 billion in Research and Development. The company has been part of the Dow Jones Sustainability Indices (DJSI) since 2010 and has been confirmed among the global sustainability leaders in 2021. Leonardo is also included in the MIB ESG index.