TERNA: AGREEMENT WITH THE EUROPEAN INVESTMENT BANK FOR A LOAN OF € 85 MILLION Rome, 27 June 2017 - Terna S.p.A. has signed today an agreement with the European Investment Bank (EIB) for a loan of € 85 million, with a maturity of 22 years, to support planned investments in the Capri-Continent electrical connection and the restructuring of the grid in the Sorrento Peninsula area, that includes the construction of a new 150 kV grid to replace the current 60 kV one. The agreement envisages a 1.386% fixed-rate tranche, amounting to € 73.55 million, and an EURIBOR 6-month rate + 0.343% floating-rate tranche, subject to the satisfaction of certain conditions precedent, amounting to € 11.45 million.

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