Press Release

No. 15 - 21.04.2021

MAIRE TECNIMONT GROUP SIGNS MOU TO DEVELOP

BIOPOLYMER PLANT PROJECT IN THE RUSSIAN FEDERATION

Milan, 21 April 2021 - Maire Tecnimont S.p.A. announces that its subsidiaries NextChem and MET Development have signed a Memorandum of Understanding with MC TAIF JSC (TAIF) today to co-develop a new biodegradable polymer plant in the Republic of Tatarstan (Russian Federation), using NextChem's know-how and MET Development's project development capabilities.

TAIF is the largest industrial investment company in Tatarstan, engaged in Oil and Gas, Chemistry, Petrochemistry and Energy. Under the agreement, TAIF and Maire Tecnimont Group's subsidiaries will jointly assess and evaluate the biopolymer plant opportunity in order to establish the fundamentals of the joint development collaboration between the Parties. NextChem will be selected to provide its expertise and know-how to carry out the FEED (Front End Engineering Design) and EPC activities for the realization of the biopolymer plant. Maire Tecnimont Group will bring technological solutions and the best know-how for project development and execution, relying on its portfolio of technologies as well as its strong capabilities as an end-to-end developer of large-scale complex projects.

Pierroberto Folgiero, Maire Tecnimont Group and NextChem Chief Executive Officer, commented: "Our Group can boast a very long-term,mutually beneficial cooperation with TAIF, which dates back to the 1970s. Today, we are enthusiastic to put our technological and entrepreneurial mindset at the service of such a prominent partner, to support the industrialization of the green economy in Tatarstan. This agreement is another tangible achievement of our project development strategy in green chemistry, as we are best equipped to assist our clients at the very early stage of their strategic investment initiatives in the energy transition sector, also by leveraging on our Group's synergies".

Maire Tecnimont SpA

REGISTERED OFFICE

Viale Castello della Magliana, 27, 00148 Rome, Italy T +39 06 412235300 F +39 06412235610 Operative Headquarters

Via Gaetano de Castillia 6a, 20124 Milan, Italy T +39 02 63131 F +39 02 63139777

Share Capital € 19.920.679,32, fully paid-up Tax Code, VAT number and Rome Company register number: 07673571001 www.mairetecnimont.com

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Press Release

No. 15 - 21.04.2021

Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A., listed on the Milan Stock Exchange, heads an industrial group which leads the global natural resource conversion market (downstream oil & gas plant engineering, with technological and executive expertise). Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition. The Maire Tecnimont Group operates in approx. 45 countries, though approx. 50 operative companies and about 9,100 people. For further information: www.mairetecnimont.itwww.nextchem.com

Group Media Relations

Investor Relations

Carlo Nicolais, Tommaso Verani

Riccardo Guglielmetti

+39 02 63137603

Tel +39 02 6313-7823

mediarelations@mairetecnimont.it

investor-relations@mairetecnimont.it

Communication Manager NextChem

Ilaria Catastini

+39 06 93567718 - +39 327 0663447

mediarelations@nextchem.it

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Maire Tecnimont S.p.A. published this content on 21 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2021 14:37:01 UTC.