Rome, December 16, 2025 – ENAV S.p.A. (“ENAV” or the “Company” or the “Issuer”) announces that it has completed the share buyback program, initiated on December 1, 2025, pursuant to the resolution approved by Shareholders’ Meeting held on 28 May 2025, as well as to Article 5 of Regulation (EU) No. 596/2014, in compliance with the terms and conditions set out in the applicable laws and regulations and according to the terms and conditions in the aforesaid shareholders' resolution.

The buyback program, applicable to a maximum number of treasury shares of 1,400,000 that will be allocated to service the long-term management incentive plan adopted by the Company, has been coordinated by a qualified intermediary who performed the purchases independently and in line with the obligations laid down in the applicable regulations and also according to the limits foreseen by the aforesaid resolution.

As of today, in the period from December 1 to December 16 2025, ENAV purchased 1,400,000 ordinary shares of the Company on the Euronext Milan, at an average price, including commissions and taxes, of €4.6496 per share. The total purchase price amounted to €6,509,420.50.

Details of the daily transactions are shown below:

Following the above mentioned purchases, ENAV currently holds 1.419.105 treasury shares, corresponding to 0.26195% of its share capital.