Tesmec

Capital/Financing Update • Dec 19, 2024

Informazione Regolamentata n. 1155-33-2024	Data/Ora Inizio Diffusione 19 Dicembre 2024 14:19:51		Euronext Star Milan
Societa'	:	TESMEC
Identificativo Informazione Regolamentata	:	199656
Utenza - Referente	:	TESMECN06 - Angela Turani
Tipologia	:	REGEM
Data/Ora Ricezione	:	19 Dicembre 2024 14:19:51
Data/Ora Inizio Diffusione	:	19 Dicembre 2024 14:19:51
Oggetto	:	Tesmec S.p.A.: Completed the placement of a bond loan of Euro 8 million
Testo del comunicato

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TESMEC S.P.A.: COMPLETED THE PLACEMENT OF A BOND LOAN OF TOTAL EURO 8 MILLION

Grassobbio, (Bergamo, Italy), 19 December 2024 – Tesmec S.p.A. (EURONEXT STAR MILAN: TES) ("Tesmec" or the "Company") announces that, today, in execution of the Board of Directors of December 9, 2024, pursuant to Art. 2410 et seq. of the Italian Civil Code, it has successfully concluded the placement of a non-convertible, unlisted and unsecured Bond Loan issue called "Tesmec S.p.A. Euribor 6M + 3.65% 2024-2029 - Amort Euro 8,000,000" (ISIN: IT0005628190), represented by 80 bearer bonds having a nominal value per unit of Euro 100,000 and a total principal amount of Euro 8 million (the "Bond Loan").

The Bond Loan was fully subscribed by Mediocredito Centrale, Finlombarda S.p.A., financial company of the Lombardy Region, and by Banca Finint S.p.A. It is noted that these investors fall into the category of professional clients pursuant to the Intermediaries Regulation adopted with Consob Regulation no. 20307/2018 ("Professional Investors") and that, in the event of subsequent circulation of the bonds, their transfer to entities that are not Professional Investors is not permitted, also pursuant to and for the purposes of Article 2412, paragraph 5, of the Civil Code.

The transaction was structured and placed by Banca Finint, which also acted as the Agent Bank of the transaction.

The Bond Loan has a variable gross annual nominal interest rate equal to the Euribor 6M rate + 3.65%, net of any step-ups related to compliance with certain financial parameters, it will expire on 19 December 2029 and has an amortizing reimbursement with a pre-amortization period of 12 months from the issue date during which Tesmec will be required to pay only the accrued interest. The regulation of the Bond Loan includes standard covenants for this type of operation.

The net proceeds from the placement of the Bond will be used to support the development strategy set out by the industrial plan of Company, for the implementation of new investments, including projects and/or investments in the territory of the Lombardy Region and in central and southern Italy as well as investments functional to growth abroad.

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For further information:

Tesmec S.p.A. Fjorela Puce Investor Relations Manager Tel: +39 035 4232911– Fax: +39 035 3844606 E-mail: ir@tesmec.com

Image Building - Media Relations Alfredo Mele, Carlo Musa, Federica Sivelli Tel: +39 02 89011300 E-mail: tesmec@imagebuilding.it

This press release is available in the Investors section of the website: https://investor.tesmec.com/en/Investors/PressReleases

Tesmec Group

Tesmec Group is active in the design, production and marketing of systems and integrated solutions for the construction, maintenance and diagnostics of infrastructures (overhead, underground and railway networks) for the transport of energy, data and materials (oil and derivatives, gas and water), as well as technologies for quarries and surface mining. The Group operates in the following sectors: - Energy. Tesmec Group designs, manufactures and markets machines and integrated systems for the construction and maintenance of overhead and underground power lines, fibre optic networks (Stringing segment), as well as advanced equipment and systems for the automation, efficiency, management and monitoring of high, medium and low voltage electrical networks and substations (Energy Automation Segment); - Trencher. Tesmec Group carries out the design, production, sale and rental of trencher machines functional to four types of activities (excavation and mines, excavations for the installation of pipelines, for the construction of telecommunication and optical fibre infrastructures, excavations for the construction of underground power networks), as well as the provision of specialized excavation services. The trencher machines are rented by the Group both with the operator (hot rental or wet rental) and without the operator (cold rental or dry rental); - Railway. The Group designs, manufactures and markets machines and integrated systems for the installation and maintenance of the railway catenary, devices for the diagnostics of the railway catenary and track, as well as customized machines for special operations on the line.

Born in Italy in 1951 and led by the Chairman and CEO Ambrogio Caccia Dominioni, the Group counts on more than 1000 employees and has its production sites in Grassobbio (Bergamo), Sirone (Lecco), Monopoli (Bari) and Bitetto (Bari) in Italy, Alvarado (Texas) in the USA and Durtal in France. It relies on three research and development units in Fidenza (Parma), Padua and Patrica (Frosinone). Listed on the EURONEXT STAR MILAN of the Euronext Milan market of the Italian Stock Exchange, the Group boasts a global commercial presence through foreign subsidiaries and sales offices in the USA, in South Africa, West Africa, Australia, New Zealand, Russia, Qatar and China.

In its development strategy, the Group intends to consolidate its position as a solution provider in the three abovementioned business areas, by exploiting the trends of energy transition, digitalization, and sustainability.

Fine Comunicato n.1155-33-2024	Numero di Pagine: 4
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