Infrastrutture Wireless Italiane SpA

Regulatory Filings • Jan 14, 2026

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Press Release

THIS ANNOUNCEMENT IS NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES OR POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT IS UNLAWFUL PURSUANT TO APPLICABLE LAW OR REGULATION

INWIT: ADDITIONAL 150 MILLION EUROS TRANCHE OF BOND ISSUED IN APRIL 2025 SUCCESSFULLY PLACED.

HIGH QUALITY ORDER BOOK COMPRISING LEADING INSTITUTIONAL INVESTORS

Milan, 14 January 2026 - Infrastrutture Wireless Italiane S.p.A. (INWIT, rated BB+ by S&P and BBB- by Fitch) announces that it has successfully completed an additional issuance for a nominal amount of 150 million euros ("Tap Issue"), relating to the 750 million euros bond issued in April 2025 (3.75% coupon and maturity 1 April 2030). The securities were placed at an issue price of 101.364%, implying a yield of 3.393% equivalent to 95 basis points over the mid-swap rate, thereby further improving the terms of the original issuance.

The issue attracted national and international institutional investors of primary standing, generating total demand in excess of 650 million euros and underscoring the strong market confidence in INWIT's credit profile.

"The reopening of the bond issue" - commented Emilia Trudu, Chief Financial Officer of INWIT- "forms part of our strategy to optimise our debt structure, in order to support our business and take advantage of a particularly favourable market window, while confirming strong investor demand and one of the lowest credit spread we have ever achieved".

The settlement date has been set for 21 January 2026. From that date, the securities will be listed on the regulated markets of the Luxembourg Stock Exchange and the Italian Stock Exchange. S&P and Fitch are expected to confirm the ratings assigned to the 1 April 2025 bond, respectively BB+ and BBB-.

BNP Paribas, BofA Securities and Mediobanca – Banca di Credito Finanziario S.p.A. acted as Bookrunners for the New Bonds issue.

DISCLAIMER

This announcement (and the information contained therein) does not constitute or form part of any offer to sell nor a solicitation of any offer to buy any securities nor shall there be any offer of securities in any jurisdiction in which such offer or sale would be unlawful. It may be unlawful to distribute this announcement in certain jurisdictions. This announcement does not constitute an offer of securities for sale in the United States, Canada and Japan and in any jurisdiction in which such offer or sale would be unlawful and is not for publication or distribution in any such jurisdictions. The securities referred to in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This announcement is not a public offer of financial products in Italy as per Article 2, letter (d) of Regulation (EU) 2017/1129. The documentation relating to the offer has not been/will not be submitted to the approval of CONSOB.

INWIT Press Office pressoffice@inwit.it

INWIT Investor Relations ir@inwit.it