The Board of Directors of A2A S.p.A. approved the establishment of its first Euro Commercial Paper Programme

Milan, 30 September 2026 – The meeting of the Board of Directors of A2A S.p.A., held today, resolved to establish a Euro Commercial Paper Programme (the “ECP Programme”) with a maximum nominal amount of Euro 1.5 billion and authorised the issuance, by 30 April 2029, of one or more series of unsubordinated, unsecured and non-convertible Euro Commercial Paper under the ECP Programme.

The aggregate nominal amount of notes outstanding from time to time may not exceed the maximum amount of the ECP Programme.

The new ECP Programme will enable A2A to further diversify its short-term funding instruments, enhancing financial flexibility and optimisation.

The Board of Directors also granted the Chairman and the Chief Executive Officer, also acting severally and not jointly, the authority to implement the above Board resolutions, taking into account market conditions and within the limits set forth therein.

The Euro Commercial Paper may be issued following the establishment of the ECP Programme and the execution of the related contractual documentation.

Contacts:

Giuseppe Mariano 
Head of Media Relations, Social Networking and Web
Silvia Merlo - Silvia Onni 
Press Office
ufficiostampa@a2a.it
Tel. [+39] 02 7720.4583

Marco Porro 
Head of Investor Relations 
ir@a2a.it 
Tel. [+39] 02 7720.3974