Documentation: Issuer’s EMTN Programme dated 15-Oct-25 as supplemented on 10-Feb-26 and on 04-Jun-26 (the “Base Prospectus”) Terms and Conditions of the Notes in Physical Form
Put / Call Options: Change of Control Put Option as per Condition 9(g) of the Terms and Conditions of the Notes in Physical Form
Active Bookrunners: Barclays, BNP Paribas, Crédit Agricole CIB (B&D), IMI-Intesa Sanpaolo, Morgan Stanley and UniCredit
Passive Bookrunners: Banca Akros, CaixaBank, ING
Use of Proceeds: An amount equal to the net proceeds will be allocated to finance 100% EU Taxonomy aligned projects (as per SPO), specifically investments in Italy in both passengers’ transport and rail infrastructure as further described in the issuer Green Bond Framework
Selling Restrictions: U.S. Reg. S, Category 2, TEFRA D; EEA and UK
Form of the Notes: Bearer, New Global Notes (NGN)
Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus is available and the Final Terms, when published, will be available at: https://live.euronext.com/en/product/bonds-detail/p642%7C22330/documents
Target Market: MiFID II/UK MiFIR Eligible Counterparties and Professional Clients only (all distribution channels). No EU PRIIPs/UK PRIIPs key information document (KID) or UK CCI product summary has been prepared as not available to retail in EEA or in the UK