NOT TO BE DISSEMINATED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES OF AMERICA OR TO U.S. PERSONS, OR IN AUSTRALIA, CANADA, OR JAPAN OR IN ANY OTHER COUNTRY IN WHICH SUCH DISSEMINATION, PUBLICATION OR DISTRIBUTION IS DEEMED ILLEGAL

PRESS RELEASE

Dolomiti Energia Holding: approval of the prospectus relating to the 2025 Green Bond resolved by the Board of Directors.

Rovereto, 18 September 2025 - Dolomiti Energia Holding (the "Company"), has announced that today the Central Bank of Ireland, the Irish regulatory authority, has approved the prospectus (the "Prospectus") relating to the initial public offering and the admission to listing and trading on the regulated market of the Irish Stock Exchange (Euronext Dublin) and on the "Mercato Telematico delle Obbligazioni" (Electronic Bond Market) organised and managed by Borsa Italiana S.p.A. ("MOT") of a fixed-rate green bond to be issued by Dolomiti Energia Holding SpA ("Green Bond"), the issue of which was resolved by the Company's Board of Directors on 11 September 2025.

The Green Bond, senior unsecured, non-convertible and non-subordinated, will have a maturity of 5 years and a gross annual fixed interest rate of at least 3.5%. The final interest rate will be determined before the start of the offering period. The Green Bond will be offered for an initial amount of two hundred million euro with the possibility of an increase up to three hundred million euro.

The Green Bond is expected to be assigned a rating of BBB+ by Fitch, in line with the rating recently received by Dolomiti Energia Holding.

The proceeds from the issue of the Green Bond will be used to finance or refinance the Group's sustainable investments, in line with the criteria established in the recently published Green Financing Framework.

With its resolution dated 17 September 2025, Borsa Italiana S.p.A. has confirmed the admission of the Green Bond to listing and trading on the MOT platform, so that it may be offered on such platform. An application was also submitted for admission to trading of the Green Bond on Euronext Dublin.

The Prospectus, together with the Italian translation of the summary note, has been published and is available free of charge, inter alia, on the Company's website https://www.gruppodolomitienergia.it/per-gli-investitori/green-bond.html.

The Prospectus was prepared in accordance with Regulation (EU) 2017/1129 of the European Parliament and Council of 14 June 2017, as subsequently amended and supplemented (the "Prospectus Regulation"), and the applicable formats envisaged by the Delegated Regulation (EU) no. 980/2019 of the European Commission implementing of Prospectus Regulation, as subsequently amended and supplemented. The Prospectus has been approved by the Central Bank of Ireland, as the competent authority in Ireland pursuant to the Prospectus Regulation. Following the approval of the Prospectus, upon request of the Company, the Prospectus - together with the relevant documentation - is being also sent, pursuant to the applicable regulations, by the Central Bank of Ireland to the Commissione Nazionale per le Società e la Borsa ("CONSOB"), as the competent authority in Italy, for the purposes of the so-called "passporting" procedure.

The offer of the Green Bond will start on 29 September 2025 at 9:00 a.m. (CET) and will end on 3 October 2025 at 5:30 p.m. (CET), unless extended, closed early or amended. The issue date of the Green Bond is scheduled for 9 October 2025.

Further information relating to the Green Bond is contained in the Prospectus made available to the public on the Company's website https://www.gruppodolomitienergia.it/per-gli-investitori/green-bond.html.

"This initiative", commented Stefano Granella, CEO of the Dolomiti Energia Group, "testifies to our determination to achieve the sustainable development goals defined in our business plan reaching 2030, which began with the acquisition of all the shares of the subsidiary HDE. We want to support all growth opportunities by involving not only the capital of institutional investors, but also by opening the possibility for individual retail investors, such as households and customers, to play a leading role in the energy transition.

Within the context of this transaction, Banca Akros and Equita act as Joint Bookrunners and as intermediaries for the purpose of display proposals for sale of the Green Bond on the MOT, while Cassa Centrale Banca acts as Co-manager. Studio Legale Dentons acts a legal counsel in connection with the transaction.

The information contained in this press release is for report purposes only and is not to be considered as complete or exhaustive. This press release cannot be the basis for, nor can it be relied upon, when reaching any investment agreement or decision. This document is a press release and does not constitute a prospectus pursuant to Regulation (EU) 2017/1129 of the European Parliament and of the Council, as amended (the "Prospectus Regulation").

This press release and the information contained therein do not include or constitute an offer to sell financial instruments, or a solicitation of an offer to purchase or underwrite financial instruments in the United States, Australia, Canada or Japan or in any other country in which such offer or solicitation would be subject to authorisation by local authorities or otherwise prohibited by law (the "Other Countries").

Any public offer will be conducted in Italy on the basis of a prospectus approved by the Central Bank of Ireland (“CBI”) and passported in Italy in compliance with the applicable regulatory provisions (the "Permitted Public Offer”).

Outside the Permitted Public Offer, in the Member States of the European Economic Area other than Italy, the bonds will be offered and may be underwritten only in the cases in which the publication of the prospectus envisaged by the Prospectus Regulation is not required.

The financial instruments have not been and will not be registered pursuant to the United States Securities Act of 1933, as subsequently amended (the “Securities Act”), or pursuant to the corresponding laws in force in the Other Countries. The financial instruments mentioned therein may not be offered for sale or sold in the United States, or in the interest of US persons, without registration, except in cases where they fall within the scope of exemption foreseen by the Securities Act. No public offering of the bonds will be made in the United States.

In the United Kingdom, this press release does not constitute an offer to the public of financial instruments and may only be distributed if it falls within one of the cases of exemption from the obligation to publish a prospectus pursuant to section 85 of the Financial Services and Markets Act 2000 or a supplement to the prospectus pursuant to Article 23 of the Prospectus Regulation as transposed into domestic legislation pursuant to the European Union (Withdrawal) Act 2018. In the United Kingdom, bonds are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor.

The prospectus has been published and made available free of charge, together with the Italian translation of the summary note, inter alia, on the website https://www.gruppodolomitienergia.it/per-gli-investitori/green-bond.html. Investors shall only underwrite the financial instrument to which this press release refers based on the information contained in the prospectus.

Neither Banca Akros S.p.A., Equita SIM S.p.A. and Cassa Centrale Banca - Credito Cooperativo Italiano S.p.A. nor their directors, managers, employees, consultants or representatives assume any liability of any kind or issue any statement or guarantee, express or implied, as to the truthfulness, accuracy or completeness of information relating to the Company, its subsidiaries or associates, or for any loss deriving from the use of this communication or its contents or in relation to it.

Contact info:
https://www.gruppodolomitienergia.it/per-gli-investitori.html
Ilaria Boccagni
Communication Manager
+39.0464.456280   
comunicazione@dolomitienergia.it