De Nora is awarded at LC Publishing Group's Sustainability Awards 2024

Milan, 27 March 2024 - Industrie De Nora S.p.A ("De Nora"), - Italian multinational listed on the Euronext Milan, specialised in the electrochemical industry and leader in sustainable technologies and in the emerging green hydrogen industry, was awarded yesterday at the Rosa Grand Hotel in Milan on the occasion of the LC Publishing Group's Sustainability Awards. Now in their fourth edition, these awards were created with the intention of singling out the best sustainability projects in the Italian corporate world.

Out of a total of 11 categories, De Nora won the award within the Chemical & Pharmaceutical sector. The companies were selected on the basis of a careful analysis - carried out by the Research Centre of LC Publishing Group and the editorial offices of Legalcommunity.it, Financecommunity.it, Inhousecommunity.it and Foodcommunity.it - of the nominations received and on the collection of feedback from the market.

Decisive were all of the initiatives carried out by De Nora over the last few years, from the main projects in the sustainable sphere, to the ESG Plan announced to the market last December, up to the recent creation of the Accelerator Lab, aimed at coordinating and guaranteeing the execution of the ESG Plan.

Chiara Locati, ESG Director at De Nora, commented: "We are very proud to receive this award, which certifies our commitment to ESG. By its very nature, De Nora has always been at the heart of the trends driving the energy transition through the development of innovative technological solutions aimed at the decarbonisation of the hard to abate sectors, the energy efficiency of its customers' production processes, and the sustainable use of water resources. This award, in particular, also highlights our focus on Social and Governance issues. De Nora, in fact, promotes a holistic view of sustainability, which is not limited to the environment but embraces all ESG issues, aiming to generate a positive impact both within and outside the Group."

* * *

Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange, specializing in electrochemistry, a leader in sustainable technologies, and has a pivotal 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 activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial and municipal sectors) and the world's leading swimming pool disinfection components supplier. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, 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 also holds 25.85% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group. Founded in 1923, Industrie De Nora generated total revenues of around EUR 856 million and an Adjusted EBITDA of approx. EUR 171 million in 2023. The Company's growth process has developed organically through continued penetration of new markets and applications and through acquisitions in the U.S., Asia, and Europe. De Nora's continuous innovation drives its growth, represented by its evolving intellectual property portfolio, which currently includes more than 280 patent families with more than 2,800 territorial extensions. The De Nora family controls the Group, which owns 53.3% of the Company's share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.

Investor Relations
Chiara Locati
+39 02 2129 2124
[email protected]

Media Relations
Barabino & Partners
Ufficio: +39 02/72.02.35.35
Sabrina Ragone - [email protected] +39 338 25 19 534
Elena Magni - [email protected] + 39 348 478 7490
Andrea Arletti - [email protected] +39 342 765 5150