Terna — Capital/Financing Update 2024

Feb 1, 2024

TERNA: DECISION OF THE CEO ON THE 7-YEAR BOND ISSUE FOR € 850 MILLION AND RESOLUTION OF THE BOARD OF DIRECTORS PUBLISHED

Rome, 1 February 2024 – 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, Giuseppina Di Foggia, of 10 January 2024 which approved the issue of a 7 years, fixed rate, single tranche, not subordinated and non-convertible bond, addressed to institutional investors for a nominal amount of € 850 million;
• (ii) the resolution of the Board of Directors of 22 March 2023 which authorized Terna's issuance, by 31 July 2024, 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 Programme" (the EMTN Programme") and outside it - in the form of private placements or through public placements, in any case for a maximum amount of € 2 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).