Iren

M&A Activity • Mar 31, 2025

Iren exercises call option to acquire remaining 47.23% of Egea Holding

Reggio Emilia, 31 March 2025 – Today, Iren Spa communicated to MidCo 2024 Srl the exercise of the call option for the purchase of 47.23% of the share capital of Egea Holding SpA held by MidCo 2024 Srl, in order to reach 100% of Egea Holding SpA.

The price offered by Iren for the exercise of the call option, determined on the basis of the provisions of the existing contractual agreements, is equal to 74.8 million euros. This price is subject to the verification mechanisms by MidCo 2024 Srl provided for in the agreements between the parties.

Iren Group	Photos	Investor Relations	Iren Overview
Investor Relations	Media Relations		Comin & Partners
Giulio Domma Tel: +39 052 124 8410	Roberto Bergandi	Tel. + 39 011.5549911	Marta Leggio - marta.leggio@cominandpartners.com
investor.relations@gruppoiren.it		Mob. + 39 335.6327398 roberto.bergandi@gruppoiren.it	Tommaso Accomanno tommaso.accomanno@cominandpartners.com