De Nora: Sorocaba site in Brazil will generate 100% of electricity through installation of photovoltaic panels, in line with the group's ESG plan

Milan, 6th March 2024 - Industrie De Nora S.p.A. ("De Nora"), an Italian multinational listed on Euronext Milan, specializing in electrochemistry, a leader in sustainable technologies and the emerging green hydrogen industry, continues its global project aimed at increasing solar power generation at its plants with the inauguration of a new solar power plant in Sorocaba, Brazil, which will generate 100% green energy to cover the site's electricity needs.
The photovoltaic plant in Brazil, having a total installed capacity of more than 1.3 GWh, is part of De Nora's path toward decarbonization. In fact, in 2023, photovoltaic panels were installed at the plant in Germany and in Italy at both the Milan and Cologno Monzese sites.
In fact, the activation of more than 1850 panels, covering a total area of 12,000 square meters, will significantly reduce greenhouse gas (GHG) emissions by lowering the emissions related to power generation at the plant, which will now be based on 100% renewable energy. In addition, the project brings De Nora closer to achieving the target of a 50% reduction of Scope 2 emissions by 2030, as announced in the Sustainability Plan for 2030 presented by the company in December 2023.
The successful outcome of the initiative in Brazil, which enabled the Group to reach and far exceed its ambitious 2023 total installed capacity target of 3.1 GWh, is part of a broader strategic development program that will gradually involve the Group's numerous international sites to reach the goal of 8 GWh of installed capacity from solar sources each year by 2025.
Luiz Gonzaga Neto, Managing Director of Industrie De Nora, commented, "The inauguration of the Brazilian solar power plant is a major achievement, enabling a 100% renewable energy production that covers the electricity needs of the plant, ensuring the continuation of increasingly sustainable progress for the Group. De Nora's ESG commitment is embodied in initiatives such as this one, harnessing renewable energy for a more sustainable future, gradually involving all the international sites in this process."

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_{Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange specializing in electrochemistry, a leader in sustainable technologies, and plays a vital role in the industrial green hydrogen production chain. The company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of electrodes for the major industrial electro-chemical processes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and surface finishing). Industrie De Nora is among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, swimming pool and marine sectors). Leveraging its well-established electrochemical knowledge and proven manufacturing capability, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company holds 25.85% of thyssenkrupp nucera AG &Co. KGaA.
Founded in 1923, Industrie De Nora generated total revenues of around EUR 853 million and an Adjusted EBITDA of approximately EUR 191 million in 2022. The Company's growth process has developed organically through its continuous innovation as regards external lines through acquisitions in the U.S., Asia, and Europe. De Nora's intellectual property portfolio currently includes more than 260 patent families with more than 2,800 territorial extensions.
The De Nora family owns 53.3% of the company's share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.}

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