Alerion Clean Power S p A : April 23 2024 - approved the annual financial statements of Alerion Clean Power S.p.A. as at 31 December 2023

Press release

Shareholders' Meeting of Alerion Clean Power S.p.A.:

• the company's financial statements as at 31 December 2023 and distribution of a €0.61 dividend for each ordinary share approved
• a new Board of Statutory Auditors appointed for the 2024-2026 period
• the purchase of treasury shares authorised

Milan, 22 April 2024 - The Shareholders' Meeting of Alerion Clean Power S.p.A., meeting on this day following a single call, examined the consolidated financial statements as at 31 December 2023 and approved the annual financial statements of Alerion Clean Power S.p.A. as at 31 December 2023.

The Shareholders' Meeting also approved the distribution of a dividend of €0.61 gross per outstanding ordinary share (net of treasury shares).

The dividend will be payable as of 8 May 2024 with detachment of coupon No. 13 on 6 May 2024, record date 7 May 2024.

The Shareholders' Meeting appointed the Company's Board of Statutory Auditors for the 2024-2026 period. The new Board is composed of three members: Loredana Conidi as Chair, with Alessandro Cafarelli and Paolo Corti as Standing Auditors.

This composition of the Board of Statutory Auditors was proposed from the single slate submitted by the shareholder Fri-El Green Power S.p.A., which holds a 64.78% stake.

The Shareholders' Meeting approved the first section of the Report on the Remuneration Policy and expressed a favourable opinion on the second section of the Report.

Furthermore, the Shareholders' Meeting resolved to authorise the Board of Directors to purchase treasury shares for 18 months from today's date, up to a maximum number of ordinary shares in the Company, considering the treasury shares already held, of one fifth of the outstanding shares, without prejudice to the limit on distributable profits and available reserves resulting from the latest duly approved financial statements, provided they exist at the time of the purchases. Treasury shares will be purchased at a minimum price not less than 20% lower and at a maximum price not more than 20% higher than the

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weighted average share price recorded for the share during the previous three trading sessions.

As of today's date, the Company holds 712,210 treasury shares.

Finally, during its extraordinary session, the Shareholders' Meeting approved an amendment to the Articles of Association which introduces the right to appoint a person to the role provided for in Article 135-undecies of the Italian Consolidated Finance Act (i.e. a Designated Representative), to whom holders of voting rights may grant a proxy to participate in the shareholders' meeting and to establish - if permitted by law and/or regulations in force at the time - that the participation and voting rights of those entitled to vote may be exercised exclusively through the granting of a proxy or sub-proxy to the Designated Representative.

The summary statement of voting and the minutes of the shareholders' meeting will be made available according to the procedures and within the deadlines established in the applicable legislation.

Contacts

Alerion Clean Power S.p.A. [e-mail]

Tel. [phone]

Federica Menichino Axelcomm [e-mail]: [phone]

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