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LETTER FROM THE CHAIRMAN

“BUSINESS OWNERS CANNOT SHY AWAY FROM MAKING A TANGIBLE CONTRIBUTION TO A BALANCED ENERGY TRANSITION, BETTING ON THE NEW SKILLS OF PEOPLE IN LOCAL CONTEXTS”

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Fabrizio Di Amato

Maire Tecnimont Chairman and Major Shareholder

Dear Stakeholders,

Reading a Sustainability Report means learning more every year about the future of a company, understanding its strategic direction and see how it is evolving. This year, for our Group, it is an exercise that encompasses a wide range of trajectories and pathways, all clearly defined and leading to one precise objective: the energy transition.

In a year like 2021, when we have slowly begun to travel again and meet with a greater number of stakeholders, our Group’s name has increasingly been associated with sustainability as a feature of our industrial fibre, as well as the strength of our know-how as an EPC Contractor.

The 17 goals of the UN 2030 Agenda remain the reference point, but the road to achieving them is becoming more urgent and more difficult, also given the dramatic international events of recent weeks. Only wide-ranging and cross-cutting actions can provide significant impetus towards a new economic and social order that is consistent with the protection of complex ecosystems and vulnerable communities. However, that economic model must at the same time be capable of supporting 9 billion people and the rise of a middle class in emerging countries that aspires to new models of consumption and production. Business owners cannot shy away from making a tangible contribution to a balanced transition between the European approach and the needs of third countries. On the contrary, they must broaden their efforts with rapid decisions, betting on the new skills of people in local contexts as the key to supporting widespread industrial change.

Such a complex change can only be achieved through a frank dialogue between stakeholders representing different business and non-business interests, involving academia, associations, and communications. This is why we have stepped up our active participation in peer-to-peer forums over the last year, contributing to the definition of best practices and guidelines, thus positioning our Group as an authoritative partner in the ESG area.

Accelerating change also means contributing to open ecosystems of technological and non-technological innovation that encourage the involvement of start-ups and the integration of different industrial sectors in the field of decarbonisation. At the same time, investment in new skills for young people has continued with scholarship and mentorship programmes in the various areas in which we operate.

We felt we had to do more and this is why we set up the Maire Tecnimont Foundation at the end of last year. We have called it “Evolve”, our key word, because it must contribute to the historic change we are called to enact. Evolve Maire Tecnimont Foundation is a new social entity that crosses the boundaries between technical skills, engineering expertise and humanist fields, to help redefine the engineer of the future: a humanist engineer capable of lateral thinking, of taking into account new variables in each project, able to combine skills from outside the usual framework. Once again, it is human ingenuity that will lead us into the future.

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