Snam S p A : , Toyota and CaetanoBus together to accelerate the development of hydrogen mobility

PRESS RELEASE

Snam, Toyota and CaetanoBus together to accelerate the

development of hydrogen mobility

Milan, October 20th, 2021 - Snam, Toyota and CaetanoBus have signed a memorandum of understanding (MoU), with the aim of starting a wide-ranging collaboration to promote and accelerate the introduction of hydrogen-based mobility.

United by the belief that hydrogen plays a fundamental role in the decarbonisation process of transportation, the companies signing the agreement - Snam and the subsidiary Snam4Mobility, Toyota Motor Europe and Toyota Motor Italia, CaetanoBus - join forces and know-how to explore and develop projects aimed at promoting, enabling and accelerating the introduction of hydrogen mobility, both for heavy and light transport.

Alessio Torelli, Chief Mobility Officer declares: "This collaboration aims to boost the use of hydrogen as a key energy vector to enable widespread decarbonisation in the mobility sector. The synergies with car manufacturers and with the world of public transport, combined with Snam's distinctive skills in the infrastructure field, will be decisive in accelerating the development of the hydrogen supply chain for the benefit of national and global climate objectives. With this agreement, we aim to build an alliance between operators in the energy and transport sectors to offer end users competitive sustainable hydrogen mobility solutions".

Luigi Ksawery Luca', CEO of Toyota Motor Italia declares: "We are very pleased to join forces with Snam and CaetanoBus, with whom we share the commitment to a more sustainable future. As a Toyota Group, we have always been committed at a global level to the creation of sustainable mobility, which in the long term will see the increasingly widespread use of zero-emissionvehicles and mobility solutions, which is why we have been investing in hydrogen propulsion systems for over 25 years. In fact, we believe that hydrogen plays a crucial role in the decarbonisation process of our society. The presence of an adequate hydrogen refueling infrastructure is a necessary condition for developing its full potential for mobility. For this it will be essential that the main players in the production and distribution system work in synergy, and this agreement moves exactly in this direction".

Patrícia Vasconcelos, CEO of CaetanoBus declares: "Collaborations like this are very important to unite different companies, with different products, but with the same goals and vision for the future: decarbonisation and better lives for the people around the cities. CaetanoBus is a manufacure of bus and coaches since 1946, but focus on electric mobility for 10 years now, since 2018 developing hydrogen-powered mobility solution and it has been a pleasure to learn and be inspired by Toyota's practices and knowledge. This is another step into hydrogen society and to build an entire value chain."

The agreement may lead to the definition of specific "end-to-end" hydrogen mobility projects to be implemented in Italy and in other European countries, to support and benefit public administrations, local communities, businesses and private entities. The initiatives may include the entire value chain: from hydrogen, from infrastructures for distribution and refueling to the

introduction of fleets of buses, logistics vehicles and cars, thanks also to the availability of Toyota Group's KINTO mobility services. The collaboration also provides for jointly carrying out analysis, scouting and testing of innovative technological solutions, as well as the development of agreements in areas not strictly related to mobility, such as the use of hydrogen as a stationary application and for cogeneration applications.

The agreement will eventually be the subject of subsequent binding agreements that the parties will define in compliance with the applicable legislation and regulatory profiles.

Contacts
Snam	Toyota
Media Relations	Riccardo Taglioni
[e-mail]	Brand & Product Communication
[phone]	Senior Manager
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	[phone]
	Sabrina Caputi
	External Affairs & Corporate
	Communication Senior Manager
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CaetanoBus

Raquel Noutel Santos [e-mail] T.: [phone] Marketing, Communication & PR CaetanoBus | www.caetanobus.pt

Snam is one of the leading energy infrastructure companies in the world and one of the largest listed Italian companies by capitalization. In addition to Italy, it operates, through subsidiaries, in Albania, Austria, United Arab Emirates, France, Greece and the United Kingdom and has started operations in China and India. It is also one of the main shareholders of TAP. First in Europe in terms of transport network extension (over 41,000 km, including international activities) and natural gas storage capacity (approximately 20 billion cubic meters, including international activities), Snam is also one of the main continental operators in regasification. The company is committed to the energy transition with investments in hydrogen, biomethane, energy efficiency and sustainable mobility. Snam also operates in forestry and has set itself the goal of achieving carbon neutrality (CO2 equivalent Scope 1 and Scope 2 emissions) by 2040.

Snam4Mobility is a subsidiary of Snam SpA and is active in the sustainable mobility sector, with the mission of promoting the energy transition by supporting the use of compressed natural gas (CNG), liquid natural gas (LNG), biomethane and hydrogen in the transportion sector.

Toyota Motor Europe NV/SA oversees the wholesale sales and marketing of Toyota and Lexus vehicles, parts and accessories, and Toyota's European manufacturing and engineering operations. Toyota directly employs around 25,000 people in Europe and has invested over EUR 10 billion since 1990. Toyota's operations in Europe are supported by a network of 29 National Marketing and Sales Companies across 53 countries, a total of around 3,000 sales outlets, and nine manufacturing plants. In 2020, Toyota sold 993,113 Toyota and Lexus vehicles in Europe. Toyota believes that when people are free to move, anything is possible. In the pursuit of "Ever Better Mobility for All", Toyota aims to create more inclusive and sustainable mobility, a society in which everyone can challenge their impossible. With the aim of contributing to global

environmental sustainability, Toyota has developed the Toyota Environmental Challenge 2050 to address key global environmental issues. For more information, visit www.toyota-europe.com.

Toyota Motor Italia is a company of the Toyota Group, controlled by TME, which oversees the marketing and distribution of Toyota and Lexus vehicles, parts and accessories in the Italian market. TMI carries out its commercial activity in collaboration with other Toyota Group companies, such as the financial services company Toyota Financial Services Italia SpA, the Italian branches of the insurance services companies Toyota Insurance Management SE and Aioi Nissay Dowa Insurance SE and KINTO Italia SpA, a company active in the supply of asset-based mobility solutions (such as long-term rental term and car sharing) and platform based mobility solutions (such as car pooling and Mobility as a Service).

CAETANOBUS, part of Toyota Caetano Portugal and Mitsui & Co, is a bus and coach manufacturer, with more than a decade dedicated to developing zero-emission products for public transportion. CaetanoBus has been dealing with electric mobility since 1980 and since 2019 has introduced H2.City Gold (class I hydrogen buses) on the market and is currently developing other hydrogen vehicles.