ASTALDI: INFORMATION REQUESTED BY CONSOB PURSUANT TO ARTICLE 114 OF TUF

This translation from the Italian original is for reference purposes only. In the event of any discrepancy, the Italian original shall prevail.

PRESS RELEASE

INFORMATION REQUESTED BY CONSOB PURSUANT TO ARTICLE 114 OF

ITALIAN CONSOLIDATED FINANCE ACT ("TUF")

Rome, 28 July 2021 - At the request of CONSOB1, pursuant to article 114, of the Italian Consolidated Finance Act ("TUF"), Astaldi S.p.A. (hereinafter also "Astaldi", the "Company" or the "Parent") provides the following information.

1. Net Financial Position of Astaldi S.p.A. and Astaldi Group at 30 June 2021, with highlighting of short-term items separately from medium/long-term items.

Net Financial Position of Astaldi Group2

At 30 June 2021, Astaldi Group recorded a total financial debt (as per ESMA guidelines effective from 5 May 2021) equal to EUR 101.1 million (EUR 136.3 million at 31 December 2020) and Comprehensive Net Financial Debt of 124.6 million (EUR 312.4 million at 31 December 2020).

A summary of Astaldi Group's Net Financial Position is shown below: Table 1 - Net Financial Position of Astaldi Group at 30 June 2021.

(€ / '000)

		30/06/2021	31/12/2020
A Cash on hand3		283,941		500,460
B Cash equivalents		0	0
C Other current financial assets		4,924		3,511
D Cash (A + B + C)		288,865	503,971
E Current financial liabilities		(183,689)	(160,432)
F Current portion of non-current financial liabilities		(763)		(4,883)

G Current financial debt (E + F)

H Net current financial position (G+ D)

I Non-current financial liabilities (excluding current portion and debt instruments

J Debt instruments

(184,452)(165,315)

104,413338,656

(200,247)(198,976)

00

• Italian Companies and Stock Exchange Commission

• Values as per CONSOB's Notice no. 5/21 of 29 April 2021

• Bank deposits classified under Non‐current assets held for sale (Disposal Group) are included

This translation from the Italian original is for reference purposes only. In the event of any discrepancy, the Italian original shall prevail.

	30/06/2021	31/12/2020
K Trade payables and other non-current payables	(5,296)	(3,400)
L Non-current financial debt (I + J + K)	(205,543)	(202,376)
M Total Financial Debt (H + L)	(101,130)	136,281
N Short-term loan assets	168,045	126,610
O Non-current loan assets	57,687	49,512
P Comprehensive Net Financial Position ( M+N+O)	124,602	312,402

Comprehensive Net Financial Position, in addition to total financial debt (letter M in the table above) determined according to the latest guidelines issued by the European Securities and Markets Authority effective from 5 May 2021 - takes also into account short- and long-term loan assets.

The financial performance of the reporting period reflects (i) the support guaranteed to the development of the industrial activities of major projects underway in Italy and abroad (Chile, Romania, Poland and USA), as well as (ii) the payment trend of Public Counterparties with which the Group operates, typically more concentrated in the second half of the year.

Net Financial Position of Astaldi S.p.A.

At 30 June 2021, Astaldi S.p.A. recorded a total financial debt (as per ESMA guidelines effective from 5 May 2021) of EUR

1. million (EUR 59.3 million at 31 December 2020) and Comprehensive Net Financial Debt of EUR 43.1 million (EUR

1. million at 31 December 2020).

A summary of Astaldi S.p.A.'s Net Financial Position is shown below. Table 2 - Net Financial Position of Astaldi S.p.A. at 30 June 2021 (€ / '000)

	30/06/2021	31/12/2020
A Cash on hand4		167,160	339,578
B Cash equivalents		0	0
C Other current financial assets		0	0
D Cash (A + B + C)		167,160	339,578
E Current financial liabilities		(110,060)	(87,508)
F Current portion of non-current financial liabilities	(90)	(2,899)
G Current financial debt (E + F)		(110,150)	(90,407)
H Net current financial position (G+ D)		57,010	249,171

I Non-current financial liabilities (excluding current portion and debt instruments

J Debt instruments

K Trade payables and other non-current payables

(193,932)(189,046)

00

(2,517)(820)

L Non-current financial debt (I + J + K)

M Total Financial Debt (H + L)

• Short-termloan assets O Non-current loan assets

(196,449)(189,866)

(139,439)59,305

86 588	69,518

93,46777,358

P Comprehensive Net Financial Position (M+N+O)	43,113	206,181

• Bank deposits classified under Non‐current assets held for sale (Disposal Group) are included

This translation from the Italian original is for reference purposes only. In the event of any discrepancy, the Italian original shall prevail.

1. Overdue debts of Astaldi S.p.A. and Astaldi Group at 30 June 2021 split according to type (financial, commercial, tax, social security and due to employees) and any related action taken by creditors

The overdue debts of Astaldi Group and Astaldi S.p.A. at 30 June 2021 are reported below.

Overdue debts of Astaldi S.p.A. at 30 June 2021

A summary of the overdue debts of Astaldi S.p.A. at 30 June 2021 is shown below.

Table 3 - Overdue debts of Astaldi S.p.A. at 30 June 2021

	(€ / '000.000)	30/06/2021
	Trade payables	54.3
	of which due since less than three months	33.6
	Loans and borrowings	1.6
	of which due since less than three months	0.0
	Total overdue debts		55.9

Overdue debts of Subsidiaries and Joint Operations at 30 June 2021

A summary of the overdue debts of Subsidiaries and Joint Operations at 30 June 2021 is shown below.

Table 4 - Overdue debts of Subsidiaries and Joint Operations at 30 June 2021
	(€ / '000,000)		Afragola FS		Other Subsidiaries		Joint Operations
		S.c.r.l.5
	Trade payables		26.2	76.0	90.1
	of which due since less than three months		n.a.	28.6	39.5
	Loans and borrowings		0.0	38.2	0.0
	of which due since less than three months		n.a.	0.0	0.0
	Tax expense		0.2	0.0	0.1
	of which due since less than three months		n.a.	0.0	0.1
	Total overdue debts			26.4		114.2			90.2

As regards actions taken by the creditors of the Other Subsidiaries and Joint Operations, it must be noted that at 30 June 2021, some legal actions had been taken by said creditors (payment orders and/or collection notices) with regard to trade relations. The aggregate value of these debts amounts to approximately EUR 2 million6.

1. Main changes in transactions involving related parties with regard to the last annual financial report approved pursuant to article 154-ter of the Consolidated Finance Act

The main transactions involving related parties of Astaldi Group and Astaldi S.p.A. are reported below.

Related parties relative to Astaldi Group

• In composition with creditors

• Balances referable to subsidiaries undergoing composition with creditors are not included.

This translation from the Italian original is for reference purposes only. In the event of any discrepancy, the Italian original shall prevail.

Table 5 - Related parties relative to Astaldi Group

	Contract	Receivables	Financial		Payables	Financial	Operating	Operating	Financial	Net profit
Company Name	Contract	and	income	(loss) from
assets	and other	assets	liabilities	Other	liabilities	revenue	cost	and	discontinued
	assets
				liabilities				(expense)	operations
Parents
Webuild S.p.A.	0	308,748	103,502	0	43,178	35,058	56,165	691	(158)	0
Joint ventures
Consorzio AFT Kramis	0	6,088	578	0	273	0	0	0	0	0
Etlik Hastane PA S.r.l.	0	10,998	0	0	0	0	0	39	0	0
Other*	0	4,999	156	0	2,208	0	160	32	3	0
	0	22,086	734	0	2,481	0	160	71	3	0
Associates
Brennero Tunnel	0	418	6,671	0	8,512	0	143	43,245	110	0
Construction
Bovino Orsara AV	0	18,361	0	18,361	0	0	0	2	0	0
Consorzio Iricav Due	0	179,277	0	114,706	53,686	0	205	37,583	(3)	0
Consorzio MM4	27,579	1,433	0	0	2,406	0	31,509	469	0	0
Diga di Blufi S.c.r.l.	0	6,849	0	0	5,506	0	0	1	1	0
Messna Catania Lotto	0	50,194	0	50,194	0	0	0	5	0	0
Nord
Metro C	0	49,164	0	0	11,919	0	106	10,216	0	0
SEIS	0	77	5,735	0	0	0	0	0	40	0
Other*	0	3,458	707	0	3,290	0	14	66	(284)	10
	27,579	309,229	13,113	183,261	85,318	0	31,977	91,587	(135)	10
Total	27,579	640,064	117,348	183,261	130,977	35,058	88,301	92,349	(290)	10

* for transactions of a unit amount less than EUR 5,000 thousand.

Related parties relative to the Parent Astaldi

Table 6 - Related parties relative to the Parent Astaldi

Company		Receivables			Payables				Financial	Net profit
Contract	Financial	Contract	and	Financial	Operating	Operating	income	(loss) from
Name	assets	and other	assets	liabilities	Other	liabilities	revenue	cost	and	discontinued
assets
				liabilities				expense	operations
Parents
Webuild S.p.A.	0	151,907	2,550	0	30,204	35,058	33,215	473	(110)	0

This translation from the Italian original is for reference purposes only. In the event of any discrepancy, the Italian original shall prevail.

Company		Receivables			Payables				Financial	Net profit
Contract	Financial	Contract	and	Financial	Operating	Operating	income	(loss) from
Name	assets	and other	assets	liabilities	Other	liabilities	revenue	cost	and	discontinued
assets
				liabilities				expense	operations
Subsidiaries
AR.GI S.c.p.A.	0	1,425	0	0	9,421	0	50	175	1	0
Astaldi
Canada	0	3,683	40,606	0	0	0	4	0	0	0
Enterprises
Inc.
Astaldi	0	5,908	8,458	0	0	0	44	0	0	0
Canada Inc.
Astaldi
Construction	0	8,366	164	0	6,417	387	98	0	1,176	0
Corporation
ASTALROM	0	7,567	0	0	9,016	884	0	428	0	0
S.A.
Consorzio	0	79,649	0	0	140,018	0	0	14,805	0	0
Stabile Operae
Constructora
Astaldi	0	14,812	0	0	5,207	0	0	0	0	0
Cachapoal
Limitada
Dirpa 2	57,739	27,152	0	0	3,083	0	57,805	1	0	0
S.c.ar.l.
GE. SAT	0	13,585	0	0	9,765	0	0	6,393	0	0
S.c.a. r.l.
Infraflegrea
Progetto	0	5,707	0	539	200	0	2,450	0	0	0
S.p.A.
Romairport	0	10,743	1,539	0	3,166	0	0	3	0	0
S.r.l.
Sirjo Scpa	0	201,755	0	163,754	83,737	0	4	34,429	33	0
Other	0	36,548	12,482		28,957	299	2,479	17,491	247	10
	57,739	416,901	63,250	164,293	298,988	1,570	62,935	73,723	1,457	10
Joint
ventures
Consorzio	0	6,088	578	0	273	0	0	0	0	0
A.F.T. Kramis
Etlik Hastane	0	10,976	0	0	0	0	0	39	0	0
PA S.r.l.
Other*	0	4,707	239		2,208	0	160	32	3	0
	0	21,771	817	0	2,481	0	160	71	3	0
Associates
Brennero
Tunnel
Construction	0	418	6,671	0	8,500	0	143	43,243	110	0
S.c.r.l. - BTC
SCARL
Bovino Orsara		18,361	0	18,361	2	0	0	2	0	0
AV
Consorzio	0	179,277	0	114,706	53,686	0	205	37,583	(3)	0
Iricav Due
Consorzio	27,579	1,390	0	0	2,406	0	31,509	469	0	0
MM4
Messina
Catania Tratto	0	0	0	0	0	0	0	0	0	0
Nord
Messina
Catania Lotto	0	50,194	0	50,194	5	0	0	5	0	0
Nord
METRO C	0	49,157	0	0	11,919	0	106	10,216	0	0
S.c.p.a.
Diga di Blufi
S.c.r.l. in	0	6,849	0	0	5,506	0	0	1	1	0
liquidation
SEIS	0	77	5,735	0	0	0	0	0	40	0