Selling Restrictions: As per Base Prospectus dated 17-Dec-25
Target Market: Manufacturer target market (EU MIFID II and UK MIFIR product governance) is eligible counterparties and professional clients (all distribution channels). No EU PRIIPs key information document and/or CCI disclosure document has been prepared as not available to retail in EEA or in the UK
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 and any Supplements are available and the Final Terms, when published, will be available on the website of Borsa Italiana S.p.A. at https://www.borsaitaliana.it
Timing: Books open, Today's business
Disclaimer: Any information contained in the Sustainable Finance Framework and/or Second Party Opinion referred to above, and any other information accessible through any website referred to above, does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities and does not form a part of the Base Prospectus or the Final Terms, save in each case to the extent that any such information is expressly included or incorporated by reference in the Base Prospectus
[1]: Moody’s rating relates to ASPI’s debt and EMTN Programme