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SHAREHOLDING STRUCTURE
Data as of October 2025
KEY
Retail
CDP RETI S.p.A.
Treasury shares
Institutional Investor
KEY
Foreign Institutional Investors of which
USA/Canada
26.9%
UK/Ireland
7.4%
Europe (Ex UK)
14.1%
Middle East, Asia, Australia and Africa
4.8%
Italian Investors of which
CDP RETI S.p.A.
29.85%
Retail
13.3%
Italian Institutional Investors
3.4%
Treasury shares
0.2%
MAJORS SHAREHOLDERS*
CDP RETI S.p.A. (subsidiary of Cassa Depositi e Prestiti S.p.A.)
29.851%
BlackRock Inc.
5.014%
*
Shareholders participating in the share capital of Terna S.p.A. in excess of the major thresholds indicated by Consob resolutions n. 11971/99, on the basis of the information available and Consob disclosures and Italian Legislative Decree no. 58/98 as amended.
Data as of October 2025
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