PRESS RELEASE

ASTM SIGNS €100 MILLION ESG LOAN

  • The loan will finance infrastructure investments on the A6 Torino-Savona and A10 Savona- Ventimiglia motorways
  • The loan's pricing is based on the achievement of environmental KPIs such as CO2 emissions into the atmosphere and the use of electricity from renewable sources.

Tortona, 29 April 2021. ASTM, world leader in the management of motorway networks and in the design and construction of large infrastructural works, signed a long-term ESG (Environmental, Social and Governance) Loan Contract (due date 2026) of € 100 million with Mediobanca linked to the achievement of environmental KPIs such as CO2 emissions into the atmosphere (Scope 1+2) and the use of electricity from renewable sources.

The loan is composed of two lines, one with a bullet repayment and the other amortizing, of €50 million each, both with a variable rate interest. The ASTM Group will use the loan to finance the substantial investments planned as part of its commitment to increase the safety levels of its infrastructure and the quality of service provided to its users.

Umberto Tosoni, ASTM's Chief Executive Officers commented: "We are particularly proud to have finalised this innovative financing. It evidences the integration of sustainability goals in the business strategy of the Group - combining sustainability and growth through a rewards/penalties system linked to the achievement of ESG goals - and confirms the strong commitment of the Group to the introduction of a model aimed at consolidating sustainability as a strategic lever for the creation of value for all its Stakeholders."

The financing conditions applied to both lines may change based on the achievement of the following ESG goals:

  • CO2 emissions (-3% by 2021; -5% by 2022; -8% by 2023; -10% by 2024; -13% by 2025 Scope 1+2 cumulative data compared to 2020 data);
  • Electricity used from renewable sources: (20% by 2021; 27% by 2022; 35% by 2023; 42% by 2024; 50% by 2025 - cumulative data).

The loan, in particular, will be fully utilised to support the investment plan of Società Autostrada dei Fiori - stretches A6 Torino-Savona e A10 Savona-Ventimiglia and in particular seismic improvement works on viaducts, noise mitigation works, alignment of tunnels to the EU directive, adjustment of safety barriers and application of the new guidelines for viaducts and tunnels.

In 2020, ASTM was added to the prestigious Climate "A List" issued by the Carbon Disclosure Project (CDP), global non-profit organization, which recognized the Group's leadership in fighting climate change. In addition, the ASTM Group was rated "EE" (Strong) by Standard Ethics, in recognition of the adoption in recent years of both ESG reporting models and sustainability strategies aligned with international guidelines promoted by the UN, OECD and EU.

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ASTM Group is a world leader in the management of motorway networks and in the design and construction of large infrastructural works. Present in over 20 countries and with approximately 13,000 employees, the Group's activities are focused on three main areas: management of motorway infrastructures (concessions), design and construction of major works (EPC - Engineering, Procurement and Construction) and technology applied to transport mobility. In the area of concessions, the Group is the second largest operator in the world in the management of motorway infrastructures with a network of approximately 4,500 km of network, of which more than 1,400 km in Italy, around 3,000 km in Brazil through the company EcoRodovias and 84 km in the United Kingdom through participation in Road Link. In 2020 ASTM Group reported the following consolidated results: €2.0 billion of Revenues, €548 million of EBITDA and Net profit of €109 million with a Net Financial Indebtedness of €849 billion.

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The Shares of ASTM SpA are listed on the Italian Stock Exchange.

Bloomberg: AT IM - Reuters: ATMI.MI - ISIN: IT0000084027

ASTM S.p.A.

Corso Regina Margherita, 165 - 10144 Turin

Tel. (+39) 011 4392111 - Fax: (+39) 011 4392218 www.astm.it

- PEC: astm@legalmail.it - E-mail:astm@astm.itFor more information:

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Tel. (+39) 335 810 4434

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Raffaella Nani

E-mail: investor.relations@astm.it

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Tel. (+39) 335 1217721

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Alice Brambilla

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E-mail: a.brambilla@barabino.it

Agota Dozsa

Tel. (+39) 338 7424061

E-mail: a.dozsa@barabino.it

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ASTM - Autostrada Torino-Milano S.p.A. published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2021 13:27:10 UTC.