Completion of share capital increase

from 180,000,000 euros to 580,000,000 euros

Completion of share capital increase from 180,000,000 euros to 580,000,000 euros

The Company announces the completion of the share capital increase from 180,000,000 euros to 580,000,000 euros, approved by the extraordinary Shareholders' Meeting of Ansaldo Energia S.p.A. held on April 20th this year.

The share capital increase, against payment, amounted to 400,000,000 euros, through the subscription of 40,000,000 shares, at accounting parity and without surcharge, subscribed by the shareholder CDP Equity Spa, which also exercised the pre-emption right for the portion not subscribed by the shareholder Shanghai Electric Hongkong Co Limited.

Following the above capital increase, the Company shareholding of CDP Equity is equal to approximately 88%, while the one of Shanghai Electric Hongkong Co Limited is equal to approximately 12% of the capital.

The financial maneuver in support of the Strategic Plan and the measures provided therein, was approved by the Board of Directors on April 3rd, 2020.