Terna — Capital/Financing Update 2022

Oct 10, 2022

TERNA: DECISION OF THE CEO ON THE "PRIVATE PLACEMENT" AND RESOLUTION OF THE BOARD OF DIRECTORS OF A 5-YEAR BOND ISSUE FOR AN AMOUNT EQUAL TO 100 MILLION EUROS HAVE BEEN PUBLISHED

Rome, 10 October 2022 – It is hereby notified that the following documents have been filed at the disposal of the public at the Company's registered office and published on the Company's website www.terna.it:

• (i) the decision of the Chief Executive Officer of Terna, Stefano Donnarumma, of 15 September 2022 which approved the issue of a 5-year bonds in the form of a private placement procedure, not subordinated and non-convertible, for a total nominal amount of Euro 100 million;
• (ii) the resolution of the Board of Directors of 11 May 2022 which authorized Terna's issuance, by 31 July 2023, of one or more bonds to be offered to qualified investors in Italy or abroad, to be issued in one or more solutions - both within the Company's "Euro Medium Term Note Program" (the EMTN Program ") and outside of it - in the form of private placements or through public placements, in any case for a maximum amount of Euro 1 billion and 500 million each, all within the limits of the maximum amount of the EMTN Program.

The decision and the resolution are also published on the website of the authorised storage service () and they have also been filed with the stock exchange management company, Borsa Italiana S.p.A. (www.borsaitaliana.it).