Alerion Cleanpower — Capital/Financing Update 2026

Feb 19, 2026

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Data/Ora Ricezione : 19 Febbraio 2026 16:33:00

Oggetto : Alerion Clean Power S.p.A. €200,000,000.00

Senior Unsecured Fixed Rate Notes due 2027"

(ISIN XS2395580892) – Notice of early

redemption

Testo del comunicato

Vedi allegato

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Alerion Clean Power S.p.A. Via Renato Fucini 4, Milano (MI) Federica Menichino Axelcomm

info@alerion.it Tel. +39 02 7788901 www.alerion.it federica.menichino@axel-comm.it Tel: +39 02 87071882

"Alerion Clean Power S.p.A. €200,000,000.00 Senior Unsecured Fixed Rate Notes due 2027" (ISIN XS2395580892) – Notice of early redemption

Milan, 19 February 2026 – We make reference to the bond denominated "Alerion Clean Power S.p.A. €200,000,000.00 Senior Unsecured Fixed Rate Notes due 2027" (ISIN: XS2395580892) (the "Bond" and the relevant notes, the "Notes") issued by Alerion Clean Power S.p.A. (the "Company") on 3 November 2021.

This notice should be read in conjunction with the prospectus of the Bond dated 13 October 2021 (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. €300,000,000 Senior Unsecured Fixed Rate Notes due 2032" (ISIN XS3213330791) with an aggregate principal amount equal to Euro 300,000,000, completed on 6 February 2026, it exercises the early redemption option set forth in clause 6.3 (Redemption at 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 200,000,000. Pursuant to the Conditions, the redemption date will fall on 25 March 2026 (the "Redemption Date").

Pagina | 1 In particular, according to the Prospectus, the Notes will be redeemed at an amount equal to Euro 200,000,000, i.e. 100% of the principal amount of the

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outstanding Notes, plus an amount equal to Euro 1,125,000.00, being the 25% of the yearly interest due on 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 (https://www.alerion.it/en/), the website of Euronext Dublin (https://live.euronext.com/) and through the SDIR-NIS system of Borsa Italiana.

NOT INTENDED FOR DISCLOSURE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY OR TO PERSONS LOCATED OR RESIDING IN THE UNITED STATES OF AMERICA, ITS TERRITORIES OR POSSESSIONS (INCLUDING PUERTO RICO, VIRGIN ISLANDS, GUAM, SAMOA, WAKE ISLANDS, NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA), NOR TO ANY U.S. PERSON (AS DEFINED PURSUANT TO THE REGULATIONS OF THE UNITED STATES SECUTIRIES ACT OF 1933, AS AMENDED), NOR TO ANY PERSON WHO IS LOCATED OR RESIDING IN AUSTRALIA, CANADA, JAPAN OR IN ANY JURISDICTION IN WHICH SUCH CONDUCT REQUIRES AUTHORIZATION BY LOCAL AUTHORITIES OR IS OTHERWISE PROHIBITED BY THE APPLICABLE LAW.

This press release and the information contained herein do not include or constitute an offer to sell securities or a solicitation of an offer to purchase securities in the United States of America, Australia, Canada or Japan or any other country in which such offer or solicitation would require authorization by local authorities or otherwise is prohibited by the applicable law (the "Other Countries").

This press release, any part hereof or its distribution may not form the basis of, nor be relied upon in respect of, any investment agreement or decision. The securities have not been and will not be registered in the United States of America under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the laws of the Other Countries. The securities may not be offered or sold in the United States of America unless they are registered under the Securities Act or there is an exemption from registration under the Securities Act. Alerion Clean Power S.p.A. does not intend to register any part of the Offer in the United States of America.

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This press release does not constitute an offer to sell or a solicitation of an offer to purchase or subscribe for securities. This press release has been prepared on the basis that any offer of securities to which it refers in the United Kingdom and in any Member State of the European Economic Area subject to the Prospectus Regulation will be made on the basis of a prospectus approved by the competent Authority and published in accordance with the Prospectus Regulation and/or under an exemption in the Prospectus Regulation from the requirement to publish a prospectus for offers of securities.

The term "Prospectus Regulation" means Regulation (EU) 2017/1129 (that Regulation and any amendments thereto, together with any delegated and implementing acts). This document does not constitute a prospectus within the meaning of the Prospectus Regulations. Investors should not subscribe for any securities referred to in this document except on the basis of the information contained in the relevant prospectus.

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