We inform that today ,28 June, the Sixth Civil Section - Insolvency Procedures of the Court of Turin has published the approval provision, pursuant to the Crisis Code, relating to the debt restructuring agreements concluded by EGEA Spa, EGEA PT and EGEA Commerciale with its financial creditors, its bondholders and its suppliers, as well as the tax transaction proposals formulated to the Agenzia delle Entrate and the Agenzia delle Dogane e dei Monopoli.

Today, the Ordinary Shareholders' Meeting of IREN S.p.A. approved the Financial Statements as at 31 December 2023 of IREN S.p.A., the Report on Operations and the proposed allocation of the profit for the year amounting to EUR 172,284,624.39, as resolved by the Board of Directors on 18 April 2024

The Board of Directors of Iren SpA, in today's meeting, taking into account the investigation conducted both by the Remuneration and Appointments Committee (also in its capacity as Committee for Related Party Transactions) and by the Control, Risk and Sustainability Committee, resolved the dismissal of Dr. Paolo Signorini for objective just cause, as a consequence of the objective incompatibility of the doctor's work performance. Signorini, in his capacity as Top Manager of Iren SpA, with the contingent situation that has arisen.

Confirmation of a strategic vision based on decarbonisation and the protection of resources, the high quality of services offered and strong territorial roots. Robust investment plan, based on organic investments, visible in expected returns, being mainly focused on regulated sectors, and flexible, with the possibility to modulate development investments over time. Plan investments of around 8.2 billion euros will enable a margin growth of more than 600 million euros compared to 2023, with an expected EBITDA of around 1.8 billion euros and a net profit CAGR to 2030 of +7%.

Iren SpA and the European Investment Bank (EIB) have signed a new €200 million, 18-year green-format credit line, that will be used to support the Group's sustainable investments over 2023-2027 related to electricity grid resilience projects. The investments, totalling around 330 million euros, are intended for the maintenance, upgrading and development of electricity distribution networks, as well as the installation of new smart meters in the Iren Group's historical territories such as Emilia-Romagna and Piedmont, and in particular in the municipalities of Parma, Turin and Vercelli.

Today, Iren S.p.A. and Council of Europe Development Bank (CEB) signed a green format Public Finance Facility (PFF) loan in the amount of €80 million, usable in several tranches with a term of up to 16 years, which will be used to finance part of Iren's water infrastructure investment plan in the provinces of Genoa and La Spezia.

In relation to the next Ordinary Shareholders‘ Meeting, which will be held on 27 June 2024 in a single call, Iren S.p.A. hereby announces that new documents are available to the public at the Company's registered office and at Borsa Italiana S.p.A.

Today the Iren Board of Directors met during which the current organizational configuration approved in the extraordinary meeting of 7 May was confirmed: the group is directed and coordinated by the Executive President and Executive Vice President to whom the delegations and powers previously assigned to the managing director. The current structure provides for the greater involvement and valorisation of the 4 Business Unit directors (Environment, Energy, Market, Networks) and the CFO. The entire working group is currently engaged in updating the Industrial Plan which, as communicated to investors and the market, will be presented on June 25th.

In relation to the next Ordinary Shareholders‘ Meeting, which will be held on 27 June 2024 in a single call, Iren S.p.A. hereby announces that new documents are available to the public at the Company's registered office and at Borsa Italiana S.p.A.