The Green Bonds highlight IREN's attention to a growing segment of investors, which include ESG parameters in their analysis as a tangible element of the sustainability of the investment choice. They allow to further optimize the financial profile, exploiting favourable market conditions and supporting the financing of projects characterized by important positive environmental impacts. The net proceeds of the Green Bonds are totally used by IREN to finance or refinance, in whole or in part, a series of projects / activities identified in compliance with the Green Bond Principles.

On October 14, 2019, IREN issued the third Green Bond for an amount of € 500 million, which followed those of October 24, 2017 and September 19, 2018. The total amount of the Green Bonds in circulation amounts to 1.5 billion euros.

* Emissions avoided by projects common to multiple Green Bonds are counted only once
** The 51 projects indicated in the table include projects common to the 3 Green Bonds for different years, excluding these projects, the total is 40