Anwesen Boschiva 618 Hektar — Valle Dell'ardo, Belluno

Extensive forest property – Ardo Valley, Belluno - Area of high environmental value at the foot of the Schiara group In the prestigious natural setting of the Ardo Valley, we offer for sale a significant property of over 618 hectares, characterized by a substantial presence of mature and naturally evolving forest areas. The property stands out for: • over 3.3 million sqm of forest surface • estimated timber volume of about 830,000 quintals • diverse forest ecosystems (beech forests, larch stands, mixed formations) As highlighted in the agronomic-forestry report, much of the area has not been managed in recent decades, resulting in biomass accumulation and the development of mature and overmature stands. The property’s features make it particularly interesting for: • natural CO₂ storage (existing carbon stock) • potential increase in absorption capacity • development of projects related to carbon credits (voluntary carbon market) The asset is suitable, following design and certification according to international standards, for enhancement paths in: • ESG (Environmental, Social, Governance) • emission offsetting • sustainable investments A solution aimed at: • institutional investors • companies focused on sustainability • operators in the forestry and energy sectors ESTIMATED POTENTIAL CO₂ ABSORPTION AND STORAGE CAPACITY Report data: • Total timber volume: 830,700 quintals (~83,070 tons) Standard technical conversion (simplified but accurate): • 1 ton of wood ≈ 0.5 tons of carbon • 1 ton of carbon = 3.67 tons of CO₂ Result: 83,070 t wood → ~41,535 t carbon → ~152,000 t CO₂ stored Current estimated stock: ~150,000 tons of CO₂ ________________________________________ Annual increase (estimate) Unmanaged mature forests: average growth: 2–4 t CO₂/ha/year Forest area: ~338 ha Increase: ~700 – 1,300 tons CO₂/year This property already has a significant CO₂ stock estimated at about 150,000 tons, so it is not a project to be built from scratch. The presence of mature, unmanaged forests creates ideal conditions to structure a certified project. It is an asset consistent with ESG strategies, carbon neutrality, and sustainability reporting. Currently, no certified project is active, but the property has ideal characteristics to develop one with specialized operators. Those acquiring this property today are not just buying land but the opportunity to structure a strategic environmental asset in a rapidly growing market. Ref G115 --- listing published with [hidden information]