The Board of Directors of Iren SpA, which met today in Reggio Emilia, following the resignation presented by Gianni Vittorio Armani on 12 June 2023, co-opted Paolo Emilio Signorini and appointed him as the new CEO and General Manager.

The appointment follows the formal indication that the Syndicate Committee of the public shareholders of Iren SpA - composed of Marco Bucci, Mayor of Genoa, Stefano Lo Russo, Mayor of Turin, and Luca Vecchi, Mayor of Reggio Emilia - formulated pursuant to Article 4.1 of the Agreement.

Paolo Emilio Signorini, following the conferral of management powers, qualifies as a non-independent executive director and, based on the information available, does not hold shares in the company.

Born in Genoa in 1963, Signorini graduated from the Faculty of Political Science at the University of Florence, continuing his studies at Yale Law School (Yale University). He started his career at the Bank of Italy and at the Ministry of Economy and Finance, then he was Head of the Department for Planning and Coordination of Economic Policies at the Presidency of the Council of Ministers (2008-2013) and Head of the Department for Infrastructure, Informative and Statistical Systems at the Ministry of Infrastructure and Transport (2013-2015). He has been a member of the boards of directors of companies operating in the infrastructure and transport sector such as Italferr and Telt SaS. Finally, he served as President of the Port System Authority of the Western Ligurian Sea (2016-2023).

The full curriculum vitae is available on the company website at http://www.gruppoiren.it (Governance/Corporate bodies section).

"I am honoured to become part of a company like Iren, which is strategic for the territories in which it operates. - said Paolo Emilio Signorini - I will put my skills and previous experience at the company's service to carry on the path already undertaken by the Group towards the green transition. My special thanks go to the shareholders for the trust they have placed in me, which I will be honoured to repay with commitment and determination”.

"On behalf of the Board of Directors and all employees, we warmly welcome Mr. Signorini, in the knowledge that his arrival represents an opportunity for Iren to strengthen the Group, - stated Luca Dal Fabbro and Moris Ferretti, the Group's Chairman and Deputy Chairman respectively. - Thanks to synergy and teamwork, we are confident that we will achieve the challenging goals of the Business Plan, paying particular attention to the constant increase in the quality of services, growth in renewables, and the development of new activities to serve the territories”.

Following in the attached document