In order to access this section of the website, the reader is required to read and accept the information notice below, and assess it carefully before reading, accessing or using the information provided below in any other way. By accessing this section of the website, the user accepts to be subject to the terms and conditions set out below, which might by amended or updated, and which must therefore be read in their entirety every time the user accesses this website.

The admission document contained in this section of the website (the ‘Admission Document’) is an Admission document on the ExtraMOT PRO market organised and managed by Borsa Italiana S.p.A., of the bonds issued by Acque del Chiampo S.p.A. Benefit Corporation and was drawn up pursuant to the ExtraMOT Regulation (‘ExtraMOT Regulation’). The Admission Document and the transaction described therein do not constitute a public offering of financial instruments nor an admission of financial instruments into a regulated market as defined by (It.) Legislative Decree no. 58 of 24 February 1998, as amended and added (the ‘Consolidated Finance Act’), by Consob Regulation no. 11971 of 14 May 1999, as amended and added (the ‘ 11971 Regulation’) and by the equivalent legal and mandatory provisions applicable abroad.

Publication of the Admission Document does not require authorisation by Consob pursuant to EU Directive no. 2003/71/EC or any other rule or regulation governing the drafting and publication of information schedules pursuant to Articles 94 and 113 of the Consolidated Finance Act, including Regulation 11971. The information contained in this section of the website is disclosed in application of the ExtraMOT Regulation.

This section of the website, the Admission Document and any other information contained in the following pages is only accessible to persons who:

reside in Italy and are not domiciled or currently located in the United States of America, Australia, Japan, Canada or in any other country in which the dissemination of the Admission Document and/or such information requires the approval of the competent local Authorities or is in breach of local laws or regulations (‘Other Countries’);

are not ‘US Person’ as per the definition in Regulation S of the United States Securities Act of 1933, as amended.

The ‘US Persons’ in the aforementioned sense are denied any possibility of access to this section of the website, of temporary or permanent storage and saving of the Admission Document and of any other information contained in this section of the website. The information contained in this section of the website cannot be copied or forwarded. For no reason and under no circumstances is it permitted to circulate, directly or through third parties, the Admission Document and any other information contained in this section of the website outside of Italy, specifically, in the United States, Australia, Japan, Canada or Other Countries, nor to distribute the Admission Document to persons not residing in Italy.

The Regulation of the 1933 United States Securities Act, as amended, defines as ‘US Person’: (1) any natural person resident in the US; (2) any partnership or corporation organised or incorporated under the laws of the US; (3) any estate of which any executor or administrator is a ‘US Person’; (4) any trust of which any trustee is a ‘US Person’; (5) any agency or branch of a foreign entity located in the US; (6) any non-discretionary account; (7) any similar accounts (except assets or trusts) held by a dealer or other fiduciary entity for the benefit or account of a ‘US Person’; (8) and any partnership or corporation if (i) organised or incorporated under the laws of any non-US jurisdiction; and (ii) if formed by a ‘US Person’ principally for the purpose of investing in securities not registered under the US Securities Act of 1933, as amended, unless they are formed or organised and owned by accredited investors (as defined in Rule 501(a) under the United States Securities Act of 1933) that are not natural persons, estates or trusts.

To access this section of the website, the Admission Document and any other information contained in the following pages, I declare under my full responsibility that I am a resident of Italy and that I am not domiciled or currently located in the United States of America, Australia, Japan, Canada or Other Countries and that I am not a ‘US Person’ as defined in Regulation S of the United States Securities Act of 1933, as amended.