SHAREHOLDING STRUCTURE

Data as of April 2026

KEY
Retail
CDP RETI S.p.A.
Treasury shares
Institutional Investor
KEY
Foreign Institutional Investors of which
USA/Canada 28.3%
UK/Ireland 4.6%
Europe (Ex UK) 17.8%
Middle East, Asia, Australia and Africa 3.6%
Italian Investors of which
CDP RETI S.p.A. 29.9%
Retail 11.7%
Italian Institutional Investors 3.9%
Treasury shares 0.2%
Data processed by Terna based on Georgeson’s analysis

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 Consob disclosures and Italian Legislative Decree no. 58/98 as amended.
Data as of April 2026