Press Release

No. 06 - 13.02.2023

NEXTCHEM AWARDED A FEASIBILITY STUDY BY FORESIGHT GROUP TO DECARBONISE THE ETA MANFREDONIA WASTE-TO-ENERGY PLANT IN ITALY

  • The project aims at capturing and valorising the carbon dioxide (CO2) currently emitted by producing sustainable fuel in the Energie Tecnologie Ambiente (ETA) Manfredonia waste-to-energy plant.

Milan, 13 February 2023 - Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Feasibility Study by Foresight Group for a carbon capture and sustainable methanol synthesis plant in the ETA Manfredonia waste-to-energyplant in Puglia, a Southeastern Italian region. Upon completion of the Feasibility Study, the successful finalisation of the permitting process as well as the subsequent final investment decision, the execution of the engineering and construction phases will be carried out by other Maire Tecnimont Group's subsidiaries, under an integrated approach aimed at valorising distinctive skills and competences within the Group.

Foresight Group is a 13-billion-Eurosustainability-led, alternative assets fund manager invested into several assets globally including waste-to-energy plants.

NextChem will be responsible for identifying the best decarbonisation proposal for the plant, providing a tailored solution thanks to its technological portfolio. The project aims to valorize about 200 ktonne/year of CO2 currently emitted to atmosphere by combining it with green hydrogen for the production of sustainable fuel.

Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem: "This award sets the basis for the realisation of one of the main projects for CO2 valorisation in Italy, strengthening Maire Tecnimont Group's role as energy transition ena- bler. We are eager to start supporting Foresight Group in achieving its sustainability goals within the ETA Manfredonia Plant".

Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, heads an international industrial group that is a leader in the transformation of natural resources (plant engineering in downstream oil & gas, with technological and execution competences). Through its subsidiary NextChem, it operates in the field of green chemistry and the technologies to support the energy transition. Maire Tecnimont Group operates in about 45 countries, through approximately 50 operative companies and about 9,300 people. For more information: www.mairetecnimont.com.

Group Media Relations

Carlo Nicolais, Tommaso Verani

Tel +39 02 6313-7603

mediarelations@mairetecnimont.it

Maire Viale Castello della Magliana, 27, 00148 Rome, Italy T +39 06 412235300 F +39 06412235610

Tecnimont SpA

REGISTERED OFFICE

Operative Headquarters

Via Gaetano de Castillia 6a, 20124 Milan, Italy T +39 02 63131 F +39 02 63139777

Investor Relations

Riccardo Guglielmetti

Tel +39 02 6313-7823investor-relations@mairetecnimont.it

Share Capital € 19.920.679,32, fully paid-up

Tax Code, VAT number and Rome

Company register number: 07673571001

www.mairetecnimont.com

1

Attachments

Disclaimer

Maire Tecnimont S.p.A. published this content on 13 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2023 07:35:00 UTC.