Page 1

snam ● 1 Snam : net profit over 7 % up in the first nine months of 2021 Total Revenues : 2,334 million euros ( + 14.9 % compared with the first nine months of 2020 ) , due to increased investments in the regulated core business . Growth in energy efficiency business ; Adjusted EBITDA : 1,716 million euros ( + 2.8 % ) , due to regulated core business development ; press release Group adjusted Net Profit¹ : 938 million euros ( + 7.4 % ) , as a result of positive operating performance , contribution from associate companies and the continuous optimisation in the financial structure with an average cost of debt below 1 % ; Technical Investments : 866 million euros ( + 13.6 % ; of which + 11.8 % related to the core business ) ; Net Financial Debt : 13,806 million euros ( 12,892 million euros as of 31st December 2020 ; + 7.1 % ) , due to the disbursement for the acquisition of the equity investment in De Nora , the increase in the investment plan , the working capital for the energy efficiency business development as well as the seasonal effect relating the balancing activity ; 2021 interim dividend : 0.1048 euros per share ; **** New target set in methane emission reduction : -55 % by 2025 on a 2015 basis ( vs - 45 % of the previous target ) , a more ambitious target than the one recommended by the Oil and Gas Methane Partnership ( OGMP ) 2.0 . Snam awarded with the Gold Standard from the UN Environment Programme on methane emissions reporting . San Donato Milanese ( Milan ) , 4th November 2021 - The Board of Directors of Snam met yesterday under the chairmanship of Nicola Bedin and approved the consolidated results for the first nine months of 2021 ( unaudited ) . The Board also resolved to distribute an interim dividend for 2021 of 0.1048 euros per share , to be paid from 26th January 2022 . Excluding non - controlling interests . This press release is available at www.snam.it Snam Press Office T + 39 02.37037273 ufficio.stampa@snam.it Snam Investor Relations T + 39 02.37037898 investor.relations@snam.it