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Acea Capital/Financing Update 2023

Mar 15, 2023

4350_rns_2023-03-15_30a10d07-93fa-4170-b6ac-352ddcc59173.pdf

Capital/Financing Update

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PRESS RELEASE

Fitch Ratings Affirms ACEA's Rating at "BBB+"

and changes the outlook from "stable" to "negative"

Rome, 15 March 2023 - Fitch Ratings affirmed today the Long-Term Issuer Default Rating (IDR) for ACEA at "BBB+", the Short-Term IDR at "F2" and the Long-Term Senior Unsecured Rating at "BBB+". At the same time, the rating Agency announced that ACEA's outlook has been changed from "stable" to "negative".

The change in outlook reflects their expectations of a higher leverage due to cash absorption for working capital and for 2022 group investments acceleration.

The rating affirmation "BBB+" reflects ACEA's strategic focus in regulated businesses, combined with a solid operational performance.

Contatti Gruppo ACEA

Ufficio Stampa Tel. +39 06 57997733 - email: [email protected]

Investor Relations Tel. +39 06 57991 - email: [email protected]