Alerion Cleanpower

Capital/Financing Update • Dec 23, 2024

"Alerion Clean Power S.p.A. €200,000,000.00 Senior Unsecured Fixed Rate Notes due 2025" (ISIN XS2083187059) – Notice of early redemption

Milan, 23 December 2024 – We make reference to the bond denominated "Alerion Clean Power S.p.A. €200,000,000.00 Senior Unsecured Fixed Rate Notes due 2025" (ISIN: XS2083187059) (the "Bond" and the relevant notes, the "Notes") issued by Alerion Clean Power S.p.A. (the "Company") on 19 December 2019.

This notice should be read in conjunction with the prospectus of the Bond dated 3 December 2019 (the "Prospectus").

The Company hereby announces that, following the completion of the issuance and settlement process of the bond denominated "Alerion Clean Power S.p.A. Senior Unsecured Fixed Rate Notes due 2030" (ISIN XS2932806065) with an aggregate principal amount equal to Euro 250,000,000, completed on 11 December 2024, it exercises the early redemption option set forth in clause 6.3 (Redemption ad the option of the Issuer), section "Conditions of the Notes", of the Prospectus in respect of all the outstanding Notes having a current notional amount equal to Euro 182,500,000. Pursuant to the Conditions, the redemption date will fall on 30 January 2025 (the "Redemption Date").

In particular, according to the Prospectus, the Notes will be redeemed at an amount equal to Euro 182,500,000, i.e. 100% of the principal amount of the outstanding Notes, plus any interest and additional amounts (if any) accrued and unpaid at the Redemption Date.

Following the early redemption, all the Notes will be cancelled and delisted from the Official List of Euronext Dublin and Borsa Italiana.

This notice is published on the website of the Company, the website of Euronext Dublin (https://live.euronext.com/) and through the SDIR-NIS system of Borsa Italiana.

Contacts

Alerion Clean Power S.p.A.: Stefano Francavilla stefano.francavilla@alerion.it Tel. +39 02 7788901

True Relazioni Pubbliche Federica Menichino f.menichino@true-rp.it Tel: +39 02 76341410

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