Terna Energy S A : Announcement regarding the Decisions of the Extraordinary General Assembly held on September 1, 2020

Today, on September 1, 2020, the Extraordinary General Assembly of the Shareholders of the Company TERNA ENERGY SA has taken place, in which 189 Shareholders were present, holding 87,534,155 shares and voting rights, namely 76.84 % of the Share Capital and the following decisions have been taken:

1^st item: The General Assembly unanimously decided the increase of the share capital of the Company by the amount of €1,868,826.60, by cash payment, with the issuance of 6,229,422 common shares with voting rights and a nominal value of €0.30 each, with the option of partial subscription, pursuant to article 28 of law 4548/2018, with the elimination of the current Shareholders' pre-emptive rights and the disposal of the new shares in funds managed by the following international investors and/or companies affiliated with them: Blackrock Inc., Anavio Capital Partners LLP, Kayne Anderson Capital Advisors LP, and Impax Asset Management, at a price of €11 per new share, whereas the difference between the nominal value and the disposal price, amounting to €66,654,815.4, shall be placed at a special share premium reserve. The General Assembly authorized the Company's Board of Directors in order to dispose the new shares to the above investors and take care of the rest of the procedural matters regarding the implementation of this decision.

2^nd item: The General Assembly, as a result of the increase of the Company's share capital, as decided above, unanimously decided the amendment of article 5 par. 1 of the Company's Articles of Association.