Debt and credit rating

Financial position (as of end of September 2021)

DEBT MATURITY

Average life:  ≈ 4,4 years

ESG-LINKED REVOLVING CREDIT FACILITY

The ESG-linked Revolving Credit Facility ("ESG-RCF"), signed for € 2.4 billion, is divided into a tranche of € 1.8 billion with a maturity of 5 years and a tranche of € 600 million with a maturity of 3 years

The new RCF replaces the two existing Revolving Credit Facilities, reducing the overall cost of funding available for the Group's financial needs and extending the maturity until 2026.

In line with both Leonardo Sustainability strategy, at the basis of the Industrial Plan, as well as the Long Term Incentive Plan, the RCF is linked for the first time to specific ESG indicators, including the reduction of CO2 emissions through the eco-efficiency of industrial processes and the promotion of women employment with degrees in STEM disciplines. These ESG parameters are also contributing to the achievement of the Sustainable Development Goals (SDGs), which are the basis of ca. 50% of the Group's investments.

The achievement of the targets linked to the ESG indicators will also activate a margin adjustment mechanism applied to the facility