Launch of the own share purchase programme to service employee incentive plans

Following up on the press release of 18 April 2024, which reported that the Ordinary Shareholders’ Meeting of Banco BPM S.p.A. had approved, inter alia, the request for the authorisation to purchase and dispose of own shares for a maximum total amount of Euro 45 million to service the share-based compensation plans (the “Plans”) - already realised for an amount equal to Euro 30 million, as communicated on 18 and 24 June 2024 - you are hereby informed that, based on the authorisation issued by the European Central Bank in accordance with the applicable provisions of Regulation (EU) no. 575/2013 and Delegated Regulation (EU) no. 241/2014, Banco BPM will launch the second tranche of own share purchase programme (the “Programme”) to support all short- and long-term employee incentive plans in place, which make provision for deferred portions that will become part of available funds in the period 2025-2033, subject to the positive verification of all future vesting conditions envisaged.