The following web pages (and the information contained herein) do not contain, constitute, or form part of, nor shall it be construed to constitute any offer to sell or a solicitation of an offer to buy any securities in any state or other jurisdiction of the United States (including its territories and possessions) or to or for the account or benefit of any US person (“US person”) as defined in the US Securities Act of 1933, as amended (the “US Securities Act”), or in any other jurisdiction in which such offer or solicitation would require the approval of local authorities or would otherwise be unlawful (“Other Countries”). No user is entitled to copy, amend, publish, forward, retransmit, send, or otherwise transfer the information contained therein.

The securities issued under the ECP Programme and any related guarantee have not been and will not be registered under the US Securities Act, or pursuant to the corresponding regulations in force in any Other Country. Accordingly, no securities may be offered, sold, resold, transferred, distributed, or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, US persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and any applicable state or other securities laws of the United States. In addition, no securities may be offered, sold, resold, transferred, distributed or delivered (directly or indirectly) in any Other Country or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration of such securities in the relevant jurisdiction. No public offering is being made in the United States or in any Other Country where such an offering is restricted or prohibited or where such offer would be unlawful.

The distribution of the Information Memorandum and other documents available on this website (the “ProgrammeDocuments”) may be restricted by law and by the Programme Documents in certain jurisdictions. Persons who come in possession of the Programme Documents must inform themselves and observe any such restrictions on the distribution of the Programme Documents and on the offering and sale of securities. In particular, there are restrictions on the distribution of the Information Memorandum and the offer or sale of securities under the Programme Documents in the United States, the European Economic Area (including without limitation France, Belgium, The Netherlands and Italy) and the United Kingdom and such other restrictions as may be required in connection with the offering and sale of a particular tranche of securities.

The documents available on this website does not constitute a public offer of securities in Italy pursuant to Article 2(1)(d) of Regulation (EU) 2017/1129 or any applicable provision of Legislative Decree No. 58, 24 February 1998 and, as such, has not been submitted to CONSOB for approval.

By clicking the appropriate button below, you certify that:

• you are not a resident of, or located in the United States, and you are not a US person;
• you do not and will not act on behalf of or for the account or benefit of any US person;
• you are not located in, nor a citizen or resident of, any jurisdiction in which access to the materials presented on the following pages may be prohibited or restricted by applicable laws or regulations;
• you have read and understood the restrictions mentioned above and you further acknowledge that the information and materials presented in the following pages neither constitute an offer nor an invitation nor a recommendation to subscribe to or to purchase, to hold or sell securities; and
• you agree not to transfer any information or documentation contained on this website to the United States and the Other Countries.