Debt informations

The Company’s current bank debt is composed by:

• A Sustainability-linked Term Loan, linked to specific sustainability KPIs, with a pool of 4 financial institutions, for an amount of 500 million euros and maturity in April 2027;
• A Syndicated Revolving Credit Facility (RCF) with a pool of 10 domestic and international banks, linked to sustainability KPIs, for an amount of 500 million euros and maturity in March 2027, currently completely undrawn;
• Loans from the European Investment Bank (EIB), for Digital Infrastructure Development projects, for a total amount of 648 million euros, amortizing starting in February 2026 and with maturity in August 2033 for the first 298 million euros, and amortizing starting in November 2029 and with maturity in May 2039 for the remaining 350 million euros;
• Bank loans with a total amount of 200 million euros with three financial institutions and maturity in May 2026;
• Short-term credit lines for 20 million euros.

On the capital market the Company has issued:

• in July 2020, a bond with an original principal amount of 1 billion euros, currently outstanding for 700 million euros following a partial buyback in April 2025, with a 1.875% coupon and maturity in July 2026;
• in October 2020, a bond for an amount of 750 million euros with a coupon of 1.625% and maturity in October 2028;
• in April 2021, a bond for an amount of 500 million euros with a coupon of 1.75% and maturity in April 2031;
• in April 2025, a bond for an amount of 750 million euros with a coupon of 3.75% and maturity in April 2030.