Description of Aleanna Inc's Business Segments

The Company operates through two reportable segments as reviewed by the Chief Executive Officer and Executive Director. The Conventional segment involves natural gas exploration and production activities conducted by AleAnna Italia, focusing on conventional natural gas from onshore exploration and development in Italy. The Renewable segment includes renewable natural gas (RNG) and electricity production activities conducted by AleAnna Renewable and its RNG subsidiaries, primarily generating electricity from RNG derived from animal and agricultural waste. Reconciling items encompass corporate financing, investing activities, and administrative functions that support overall operations but are not classified as a reportable segment. The Chief Operating Decision Maker evaluates segment performance using segment operating income (loss) and adjusted EBITDA, a non-GAAP financial measure. All revenue is generated from external customers located in Italy, and all assets, except corporate cash, are located in Italy.

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Composition of Aleanna Inc Revenues by Segments


Conventional	95.48 %	of total Revenue
Renewable	4.98 %	of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments	Revenues (in millions $)	% (of total Revenues)
Conventional	8.92	95.48 %
Renewable	0.47	4.98 %
Total	9.34	100 %

Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment	Y/Y Revenue %	Q/Q Revenue %
Conventional	-	-
Renewable	-44.47 %	-
Total	-	-

Q1 three months ended (Mar 31 2026)
Income by Business Segments	Income (in millions $)	% (Profit Margin)
Total	3.40	36.38 %

Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment	Y/Y Income %	Q/Q Income %
Total	-	-

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