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Integrated Report 2014 - Terna

Letter to the Shareholders. Passion and hard work translated into figures. Letter to the Shareholders. Terna and Non-Regulated Activities. Want to find out more? Organisation, reference context and business Terna S.p.A. and Terna Group. Risks and opportunities Terna S.p.A. and Terna Group. Performance Terna S.p.A. and Terna Group. Future prospects Terna S.p.A. and Terna Group. Annexes - Organisation, reference context and business section Terna S.p.A. and Terna Group. Investments 1,096.1 million euros.

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Integrated Report 2014 - Terna | integrated.terna-reports.it Reviews
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Letter to the Shareholders. Passion and hard work translated into figures. Letter to the Shareholders. Terna and Non-Regulated Activities. Want to find out more? Organisation, reference context and business Terna S.p.A. and Terna Group. Risks and opportunities Terna S.p.A. and Terna Group. Performance Terna S.p.A. and Terna Group. Future prospects Terna S.p.A. and Terna Group. Annexes - Organisation, reference context and business section Terna S.p.A. and Terna Group. Investments 1,096.1 million euros.
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2 press release
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4 table of contents
5 report on operations
6 consolidated financial statements
7 separate financial statements
8 webcast
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Integrated Report 2014 - Terna | integrated.terna-reports.it Reviews

https://integrated.terna-reports.it

Letter to the Shareholders. Passion and hard work translated into figures. Letter to the Shareholders. Terna and Non-Regulated Activities. Want to find out more? Organisation, reference context and business Terna S.p.A. and Terna Group. Risks and opportunities Terna S.p.A. and Terna Group. Performance Terna S.p.A. and Terna Group. Future prospects Terna S.p.A. and Terna Group. Annexes - Organisation, reference context and business section Terna S.p.A. and Terna Group. Investments 1,096.1 million euros.

INTERNAL PAGES

integrated.terna-reports.it integrated.terna-reports.it
1

Interconnector Italy-France | Integrated Report 2014 - Terna

http://integrated.terna-reports.it/2014/en/interconnector

Letter to the Shareholders. In this context, on July 23, 2014 Terna and the subsidiary Terna Rete Italia established the company Terna Interconnector that will focus on the development and implementation of the "Italy-France Interconnector" Project for which, on December 16, 2013, the Parent Company and a number of trade federations signed the Memorandum of Understanding for the implementation and management of interconnection infrastructures with abroad ("Interconnections or Interconnectors ).

2

The energy context| Integrated Report 2014 - Terna

http://integrated.terna-reports.it/2014/en/energy-context

Letter to the Shareholders. Demand for electricity in Italy. For the third consecutive year, demand for electrical energy in Italy fell. In 2014, the demand for electrical energy in Italy was 309,006 million kWh (provisional data), a drop of -3.0% in comparison with 2013, which, in turn, ended with the same decline compared with 2012. The electricity demand recorded this year takes us back to the same level as the early years of the 21st century. Electricity balance sheet for Italy. Total demand in Italy.

3

Appointment of the new Terna Board of Directors | Integrated Report 2014 - Terna

http://integrated.terna-reports.it/2014/en/appointment-new-terna-board-directors

Letter to the Shareholders. Appointment of the new Terna Board of Directors. The Shareholders' Meeting appointed the new Board of Directors and elected Catia Bastioli as Chairwoman. The first meeting of the new Board of Directors unanimously appointed Matteo Del Fante as CEO and General Manager. On October 15, 2014, the new Board of Directors assigned Pierpaolo Cristofori as Financial Reporting Manager. As of the same date, Cristofori is also Chief Financial Officer of Terna. Letter to the Shareholders.

4

Terna in Dow Jones Sustainability Index | Integrated Report 2014 - Terna

http://integrated.terna-reports.it/2014/en/terna-only-independent-tso-dj-sustainability-index-2014

Letter to the Shareholders. Terna: the only independent TSO on the DJ Sustainability index in 2014. On January 20, 2014, Terna was confirmed for the sixth consecutive time in the prestigious Dow Jones Sustainability Index: this is the result of the annual review conducted by the Swiss sustainability rating agency RobecoSAM, which also confirmed the Company for the fifth consecutive time in the Dow Jones Sustainability Europe Index. Letter to the Shareholders. Rotate the device for optimal viewing.

5

Homepage | Terna Annual Report 2013

http://integrated.terna-reports.it/2013/en

Letter to the Shareholders. Summary of the resolutions of the ordinary and extraordinary Shareholders’ Meeting. Corporate administration and control bodies. Business and asset managament system. Management of human capital. Resolutions of the Electricity and Gas Regulatory Authority. Society and discussion with local communities. Consultation with local administrations. Opposition to building new lines. Risk management systems and instruments. Safeguarding relations with stakeholders. Notes to the Separa...

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Terna Plus acquires Tamini Group | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/terna-plus-acquires-100-tamini-group

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Terna Plus acquires 100% of Tamini Group. The Terna Group, through Terna Plus, acquired the Tamini Trasformatori company with the goal of leveraging its non-regulated activity by enhancing its assets and competencies in Italy and abroad in the sectors of infrastructure development and management, especially with regards to High Voltage. Letter to our Stakeholders.

csr.terna-reports.it csr.terna-reports.it

Terna and the environment | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/terna-pylons-support-repopulation-white-stork

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Terna pylons support repopulation of the white stork. In 2014, Terna, together with UniCoop and the Prato Province, launched a photo contest entitled "Pylons, artificial trees and biodiversity" and supported other informative initiatives. TERNA S.p.A. - Share capital 442,198,240 fully paid-in Registered office in Italy, Viale Egidio Galbani, 70 00156 Rome. GRI G4 content index.

csr.terna-reports.it csr.terna-reports.it

Ten years of Sustainability | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/ten-years-sustainability-0

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Ten years of Sustainability. The long-term trend of the indicators reveals the drive for improvement that has involved and continues to involve all of Terna’s areas of activities. TERNA S.p.A. - Share capital 442,198,240 fully paid-in Registered office in Italy, Viale Egidio Galbani, 70 00156 Rome. Letter to our Stakeholders. Comparative analysis of sustainability performance.

csr.terna-reports.it csr.terna-reports.it

“Best Paths” project launched | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/“best-paths”-project-launched

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Best Paths project launched. BEyond State-of-the-art Technologies for re-Powering AC corridors and multi-Terminal HVDC Systems). With a 63 million euros investment, 50% co-financed by the EU, this is the largest energy research and development project of the European Union's Seventh Framework Programme. The overall objective of the project is to identify technological best pa...

csr.terna-reports.it csr.terna-reports.it

Letter to Stakeholders | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/letter-our-stakeholders

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Letter to our Stakeholders. Progress has also been considerable in terms of sustainability performance. The per capita training hours have been increased to 43, involving 91% of employees; the number of occupational injuries has decreased, with the injury rate down to 1.27%. On the environmental front, containment programs have enabled us to reduce the impact of SF. Comparati...

csr.terna-reports.it csr.terna-reports.it

Here come the Grandparents: the monitoring project | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/here-come-grandparents-monitoring-project

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Here come the Grandparents": the monitoring project. At the end of 2014, a year into the Terna-ARCI Milan partnership for the social project Here Come the Grandparents , the initial results were presented by the SDA Bocconi School of Management, which obtained them by monitoring the impact on its final beneficiaries. Letter to our Stakeholders. Ten years of Sustainability.

csr.terna-reports.it csr.terna-reports.it

Terna and the new rules for environmental safety | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/terna-supports-new-rules-environmental-safety

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Terna supports the new rules for environmental safety. Institutions, members of Government, suppliers, environmental associations and employees took part in Terna's conference on The new rules for environmental protection . TERNA S.p.A. - Share capital 442,198,240 fully paid-in Registered office in Italy, Viale Egidio Galbani, 70 00156 Rome. Letter to our Stakeholders.

csr.terna-reports.it csr.terna-reports.it

Terna and ANCI | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/terna-and-anci-work-together-sustainable-development-electric-infrastructures

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Terna and Anci work together on sustainable development of electric infrastructures. TERNA S.p.A. - Share capital 442,198,240 fully paid-in Registered office in Italy, Viale Egidio Galbani, 70 00156 Rome. Tel 39 06 83138111 Rome Register of Companies, Tax Code and VAT No. 05779661007 R.E.A. in Rome 922416. Letter to our Stakeholders. Ten years of Sustainability.

csr.terna-reports.it csr.terna-reports.it

Roman kiln in Lonato del Garda given a new lease of life with Terna | Sustainability Report 2014 – Terna

http://csr.terna-reports.it/2014/en/roman-kiln-lonato-del-garda-given-new-lease-life-terna

Comparative analysis of sustainability performance. Ten years of Sustainability. GRI G4 content index. Letter to our Stakeholders. Roman kiln in Lonato del Garda given a new lease of life with Terna. An ancient Roman kiln from the 2nd century B.C. was uncovered in a Terna power station in Brescia, in the Fornace dei Gorghi area. It was returned to the local community at an open day with the participation of students and local residents. Letter to our Stakeholders. Ten years of Sustainability.

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Integrated Report 2014 - Terna

Letter to the Shareholders. Passion and hard work translated into figures. Letter to the Shareholders. Terna and Non-Regulated Activities. Want to find out more? Organisation, reference context and business Terna S.p.A. and Terna Group. Risks and opportunities Terna S.p.A. and Terna Group. Performance Terna S.p.A. and Terna Group. Future prospects Terna S.p.A. and Terna Group. Annexes - Organisation, reference context and business section Terna S.p.A. and Terna Group. Investments 1,096.1 million euros.

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