Press Release
This press release (the “Press Release”) (including the information contained herein) does not constitute or is part of an of fering of the Notes in the United States of America, Japan, Australia or Canada and any other jurisdiction where the extension, dissemination or availability of the transaction (and any other transaction contemplated thereby) would breach any applicable law or regulation or require registration of the Notes in the relevant jurisdiction (the “Restricted Jurisdictions”). This Pr ess Release is not for publication or distribution, directly or indirectly, in or into the Restricted Jurisdictions.
FERROVIE DELLO STATO ITALIANE S.P.A.: EIGHTH GREEN
BOND REPORT PUBLISHED
Rome, 2 8 July 2026
Ferrovie dello Stato Italiane S.p.A. has published today its eighth Green Bond Report .
The report provides an update on the allocation of the proceeds raised through the green bonds issued by the Group and on the environmental impacts associated with the financed projects, in line with the ICMA principles and with the provisions of its Green Bond Framework .
The report discloses the allocation of the proceeds of the green bonds issued under the EMTN Programme up to Series 25, for a total amount of 5.75 billion euro, as well as the positive impacts generated by the financed investments in terms of environmental sustainability.
The results of the report highlight the positive effects of the financed projects — based on the methodologies used — both in terms of energy savings and reduction of CO 2 emissions, thanks to the investments of Trenitalia, Rete Ferroviaria Italiana , FS International and Mercitalia Rail.
The report also includes information supporting the assessment of the financed projects’ alignment with the European Taxonomy.
The report obtained a third-party opinion from PwC, which validated the calculation methodologies adopted by FS for impact reporting and certified the correct allocation of the proceeds of the bonds to the Eligible Green Projects as defined by FS’s 2022 Green Bond Framework .
The Green Bond Report and the related Opinion are available on the FS Group’s website, in the Investor Relations section.
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20307 of 15 February 2018, pursuant to Article 100 of Legisla tive Decree No. 58 of 24 February 1998 (the "Consolidated Finance Act"), as amended, and pursuant to Article 34 -ter of CONSOB Regulation No. 11971 of 14 May 1999 (the "Issuers Regulation"), as amended from time to time, or in the other circumstances set fo rth under Article 100 of the Consolidated Finance Act or the Issuers’ Regulation or the Prospectus Regulation, in any case in compliance with laws and regulations or requirements imposed by CONSOB or other Italian Authority. This publication is not an offe r of securities for sale in United States of America, Italy, the United Kingdom, Canada, Japan or Australia or in any other jurisdiction. This publication is not a public offer of financial products in Italy as per Article 2, letter (d), of the Prospectus Regulation.