Industrie De Nora S p A : De Nora receives final tranche of orders for Moeve, the Largest Green Hydrogen project in Southern Europe

Milan, 06 July 2026 - Industrie De Nora S.p.A. ("De Nora"), an Italian multinational company listed on Euronext Milan, specialized in electrochemistry, water treatment systems and sustainable solutions, announces that it has received from the joint venture thyssenkrupp nucera AG & Co. KGaA ("thyssenkrupp nucera") the remaining tranche of orders relating to theMoeve project inAndalusia, Spain, dedicated togreen hydrogen production.

The award announced today completes the orders already received in May and previously disclosed to the market, relating to De Nora's scope of supply for the project. The supply includes electrolytic cells featuring high-performance anodic and cathodic coating, for a total capacity of300 MW and anoverall value ranging between 30 and40 million euro.

De Nora's technologies will be employed in the first phase of the project, namedOnuba, within Moeve'sAndalusian Green Hydrogen Valley, which is expected to become thelargest alkaline water electrolysis (Water Electrolysis - AWE)project forgreen hydrogen production inSouthern Europe.

Once operational, the facility will have a production capacity of approximately45,000 tons of hydrogenper year, contributing to areduction inCO₂ emissions of around250,000 tons annually.

Paolo Dellachà, Chief Executive Officer of De Nora, commented:"The involvement in the Moeve initiative, which is set to become the largest green hydrogen project in Southern Europe, reinforces our position as a technology partner of choice for the most ambitious energy transition projects. Growing demand for reliable and efficient green hydrogen solutions underscores the increasingly central role of electrolysis in supporting the decarbonization of industrial processes on a global scale."