• Total CapEx amounted to 122 million, of which 119 million was spent on technical investments, representing a significant increase compared with the 64 million recorded in the first half of 2025 and marking the highest figure ever achieved by the Group in a half-year period.

• With an increase of 41 thousand customers, the total customer base has now exceeded 850 thousand, with an ever-expanding presence across the country and growth underpinned by the success of fixed-price tariffs, developed as a practical response to the volatility and uncertainty of the energy markets. A new 10-year fixed-price energy tariff has been launched.

• Consolidated EBITDA of 209 million euro and profit for the half-year of 100 million euro, in a half-year affected by a reduction in hydroelectric generation.

• The Group’s net financial indebtedness stands at 595 million euro, a slight improvement on the 601 million euro recorded as at 31 December 2025.

• An ongoing commitment to the energy transition, flexibility, workforce growth and looking after staff: an agreement on Energy Release, new partnerships on energy efficiency and energy management, new recruitment and Top Employer certification.

The Interim Consolidated Financial Statements as at 30 June 2026 confirm Dolomiti Energia’s ability to continue on its path of industrial growth, even in an energy sector still characterised by high market volatility, geopolitical tensions and unfavourable hydrological conditions.

The financial results, the growth in the customer base and the significant level of technical investment confirm the strength and resilience of the Group’s integrated model, which is based on the diversification of its activities, the development of renewable energy sources and the strengthening of strategic infrastructure.

Rovereto, 6 August 2026 – The Board of Directors of Dolomiti Energia, chaired by Silvia Arlanch, has approved the Condensed Interim Consolidated Financial Statements as at 30 June 2026. The half-year results highlight a Group committed to a path of solid industrial and financial growth, capable of upholding the ambitions set out in the 2030 Plan even against a backdrop of high market volatility in the energy sector, low hydropower generation and increasing competitive pressure in the retail segment.

‘The results for the first half of the year confirm the strength of our business strategy, even in a complex energy environment characterised by price volatility and a significant reduction in hydroelectric generation’ said Stefano Granella, CEO of Dolomiti Energia. ‘We are continuing to invest in renewables, networks and local services, strengthening an integrated model that enables us to grow, safeguard our profitability in the medium to long term and make a tangible contribution to the energy transition. The confirmation of the 2030 targets, together with the adoption of the new Sustainability Plan, is an important sign of continuity, financial discipline and the ability to create value for customers, local communities and stakeholders.‘

Key results as at 30 June 2026

Consolidated EBITDA stood at 209 million euro, compared with the 254 million euro recorded in the same period of 2025. Consolidated net profit stands at 100 million euro, compared with 144 million euro in the first half of 2025.

This change is attributable in particular to hydroelectric generation, which fell by 37% due to reduced water availability.

This trend was partly offset by the solid contribution from regulated businesses and the particularly strong results from the Energy Services Business Unit. Overall, the half-year results confirm the Group’s integrated and diversified business model’s ability to offset its exposure to fluctuations in individual production sources and to ensure greater stability in its overall profitability.

Record technical investment for a single half-year

Of the total investment of 122 million euro, capital expenditure allocated to the development and upgrading of the Group’s industrial assets amounted to 119 million euro, compared with 64 million euro in the first half of 2025 (+86%). This is the highest figure Dolomiti Energia has ever achieved in a half-year.

The increase is mainly attributable to investments in assets for the generation of energy from renewable sources, with particular reference to the construction and repowering of the wind plants at Greci (27 MWp), San Marco 2 (24.5 MWp) and San Paolo Civitate (45.5 MWp), as well as eight photovoltaic systems totalling 40.6 MWp.

New record for customer numbers and growth in national reach

The number of customers has exceeded 850 thousand, with an ever-expanding presence across the country. Growth is also being driven by the success of long-term fixed-price tariffs, which offer a practical solution to the high volatility and uncertainty in the energy markets.

In an increasingly competitive retail market, Dolomiti Energia has strengthened its commercial proposition through innovative offers, value-added services and greater integration between production, energy portfolio management and sales to end customers, with the aim of supporting the growth of its customer base and preserving the overall profitability of the integrated energy supply chain.

Energy transition and energy management

The Energy Release 2.0 scheme has also entered its operational phase; as part of this, the Group has brought together around 300 energy-intensive companies, with a combined annual consumption of approximately 4 TWh. The initiative strengthens Dolomiti Energia’s role as a catalyst for the energy transition within the industrial sector, supporting the competitiveness of energy-intensive businesses whilst also promoting the development of new generation capacity from renewable sources.

During the half-year, a new solar-powered charging station was launched in partnership with Atlante; it is equipped with a storage system and integrated into the energy markets through the Group’s expertise.

A multi-year tolling agreement has also been signed with METLEN for the operation of a 25 MW, 75 MWh battery storage system in Puglia. The seven-year agreement will enable the Group to capitalise on BESS in the wholesale markets and network services, strengthening its position in flexibility and the integration of renewable energy sources.

These three initiatives confirm the evolving role of the Group, which is increasingly focused on integrating renewable energy generation, storage, electric mobility and smart energy management.

Financial position confirmed

The Group’s net financial indebtedness stands at 595 million euro, a slight decrease compared with the figure as at 31 December 2025 (601 million euro), thanks to the substantial cash flow generated by operating activities, which made it possible to cover the funding requirements for the significant volume of investments and the recognition of dividends totalling approximately 53 million euro

In July, Fitch published a new Rating Report following the update to the Strategic Plan to 2030. The report, which assigns a BBB+ rating with a stable outlook, provides a positive assessment of the Group’s operational and financial strength, identifying its integrated and diversified business model as one of the key factors underpinning its credit profile.

New hires and people care

The Group’s workforce now stands at 1,722, an increase of 35 compared with the 1,687 recorded at the end of 2025, in support of its industrial growth and business development.

Dolomiti Energia has also been awarded the international ‘Top Employer Italia 2026’ certification, which recognises the quality of its welfare and wellbeing policies, as well as the practices it has adopted in the management, development and empowerment of its staff.

The purchase of the new premises within Progetto Manifattura in Rovereto has also been finalised. The project involves the refurbishment of over 4,000 square metres of a historic building and strengthens Dolomiti Energia’s ties with the local area, innovation and sustainability.

Dolomiti Energia continues to pursue a path of balanced growth, based on integrated industrial development, significant investment in the energy transition, its proven financial strength, and the development of skills and people.