Aeroporto Guglielmo Marconi Di Bologna

Capital/Financing Update • Dec 16, 2021

PRESS RELEASE

AEROPORTO GUGLIELMO MARCONI DI BOLOGNA S.p.A.: A long-term loan agreement up to a maximum amount of 90 million euros has been signed between AdB and the European Investment Bank (EIB) to support AdB infrastructure development plan.

Bologna, December 16th , 2021 – The European Investment Bank (EIB) will co-finance the investment plan of Bologna Airport by 2027, up to 90 million euros.

The CEO and managing director Nazareno Ventola declared: "Following an intense and in-depth discussion, which began in the most difficult period of the pandemic emergency, between AdB and the EIB, which we thank for the proactivity and scrupulous attention shown, we have signed today a loan agreement to support the implementation of the investment and infrastructure development plan at Bologna Airport, in the interest of its shareholders and stakeholders.

I am very pleased, on behalf of the entire board of directors of the company, with this result that enables us to continue in the development of our infrastructures and services, for the benefit of our customers and the local area ".

Through this agreement, the EIB therefore intended to provide AdB with financing conditions to support the already undertaken - albeit slowed down due to the pandemic - path aimed at enhancing the operational performance and the service offered to passengers, thanks to the expansion and the optimization of the airport spaces, supporting the traffic growth in the postpandemic recovery and at the same time improving the sustainability performance of Bologna Airport.

In particular, thanks also to the support of the European Investment Bank, AdB will develop an ambitious infrastructure development plan both in the so-called land side, and in the so-called air side. The main land side interventions of the project co-financed by the EIB are: interventions on the existing terminal, with renewal of the security area and passport control, the purchase of the most performing and updated Explosive Detection Systems (EDS) equipment, the expansion of the boarding and arrivals halls and the construction of new baggage handling systems. On the air side, a new apron will be built and works on the runway will be realized. As part of the airport operator's activities that are not regulated, but essential for users and for the consolidation of non-aeronautical business strategies, a new and modern multi-service car park will be created with a capacity of up to 2200 additional parking spaces. Furthermore, the EIB's support will help to implement the digital transformation plans and also some of the projects included in the sustainability and energy efficiency strategy, helping to reduce CO² consumption, as well as environmental compensation measures such as the creation of a new wooded area north of the airport.

The loan agreement signed today will allow AdB flexibility connected with the updated infrastructure plan development and the actual financial needs, ensuring a period of availability of the disbursements up to 48 months from the signing and multiple tranches, in each case for a total amount not exceeding 50% of the estimated costs of the entire project; this together with the flexibility to choose between a fixed and a variable rate, which will in both cases be determined by the EIB taking into account the time of the loan request and the overall conditions of disbursement and repayment. The last repayment date of each tranche will be no earlier than four years and no later than eighteen years from the relative disbursement date, with the option for AdB to proceed with voluntary early repayments. The agreement has negative pledges and covenants (also informative) typical for similar cases, including an early repayment obligation in the event of the acquisition of control of AdB.

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This press release is available in the Investor Relations section of the Company's website www.bologna-airport.it and at the authorized storage mechanism ().

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Bologna Guglielmo Marconi Airport, classified as a "strategic airport" in the centre-north area of the National Airports Plan prepared by the Ministry of Infrastructure and Transport, in 2020 - a year affected by the global pandemic - 2.5 million passengers were recorded, ranking as the eighth Italian airport in terms of number of passengers (Source: Assaeroporti). Located in the heart of the Emilian food valley and the automotive and packaging industrial districts, the airport has a catchment area of about 11 million inhabitants and around 47,000 companies, with a strong propensity to exports and internationalisation and with commercial expansion policies to Eastern Europe and Asia.

As for airport infrastructure, the airport has among its strategic objectives in the next few years an important development plan that mainly concerns the expansion of the terminal, particularly in the parts of security checks and gate area. The company's aim is to make Bologna Airport one of the most modern and functional in Italy, an important gateway to the city and region.

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For further information: www.bologna-airport.it

Investor Relations:

Aeroporto G. Marconi di Bologna Spa Patrizia Muffato Chief Financial Officer and Investor Relations investor.relations@bologna-airport.it Tel: 051/6479960

Media:

Aeroporto G. Marconi di Bologna Spa Barabino&Partners Anna Rita Benassi Massimiliano Parboni External Communication and Press Office Manager m.parboni@barabino.it ufficiostampa@bologna-airport.it Tel: 335/8304078 Tel: 051/6479961 Fabio Bartolo

f.bartolo@barabino.it Tel.: 329/8850128