Milan, March 13, 2023Maire Tecnimont S.p.A. (“MAIRE”) announces the signing of a new Euro 150 million financing agreement, 80% backed by SACE S.p.A.’s guarantee, aimed at further strengthening the Maire Tecnimont Group’s (“MAIRE Group”) capital structure.

The financing will be provided by a syndicate of leading Italian banks, comprising Banco BPM, MPS Capital Services and Intesa Sanpaolo (IMI Corporate & Investment Banking Division). The latter will also act as the “SACE Agent” and Agent Bank for the transaction.

In accordance with Legislative Decree No. 50 of May 17, 2022, the financing shall mainly support the funding requirements - including R&D spend - and working capital needs of the parent company MAIRE and of Tecnimont S.p.A., MAIRE Group’s main operating company headquartered in Italy.

The new financing shall have 6-year duration, of which 3 years grace period, a Euribor 3- month +1.7% margin annual rate, in addition to the cost of the SACE S.p.A. guarantee and may be fully or partly settled at any time without penalty.

Alessandro Bernini, Chief Executive Officer of the MAIRE Group, stated: “We are satisfied with this transaction which diversifies our sources of funding, provides flexibility and supports the further optimization of our financial structure, in line with the Group’s business development guidelines”.