Bff Bank

Capital/Financing Update • Apr 2, 2024

PRESS RELEASE

BFF intends to issue senior unsecured preferred notes

Milan, 2 nd April 2024 – BFF Bank S.p.A. ("BFF" or the "Bank") has mandated Intesa Sanpaolo, Citigroup and Morgan Stanley to arrange, in the coming days, a series of institutional investor meetings for the purpose of evaluating a potential issuance of Reg-S senior unsecured preferred notes fixed rate, for a nominal amount up to Euro 300 million and with a 5NC4 years maturity, to be placed with qualified institutional investors. The notes will be issued under the EMTN programme of BFF.

The final terms and conditions of the notes will be determined closer to the date of the issuance.

To the extent that, subject to market conditions, the transaction is launched, the notes (i) will be offered only to institutional investors in Italy and abroad and outside of the United States of America in accordance with Regulation S under the United States Securities Act of 1933, as amended, and will not be offered or sold in the United States or any other country where the offer or sale of the notes is forbidden under applicable laws; and (ii) will be listed on the regulated market of Euronext Dublin.

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This release (and the information contained herein) does not constitute an offer to sell or a solicitation to purchase financial instruments. No action has been or will be taken to allow a public offering of the bonds in any jurisdiction, including Italy. This release (and the information contained herein) may not be published or distributed, directly or indirectly, in the United States of America (or for the account or benefit of "U.S. persons" as defined in Regulation S under the U.S. Securities Act of 1933) or in any other country in which such publication or distribution would be subject to the approval of the local authorities or would, in any event, be unlawful.

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This press release is available on-line on BFF Group's website www.bff.com within the Investors > PR & Presentations section.

BFF Banking Group

BFF Banking Group is the largest independent specialty finance in Italy and a leading player in Europe, specialized in the management and non-recourse factoring of trade receivables due from the Public Administrations, securities services, banking and corporate payments. The Group operates in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia and Spain. BFF is listed on the Italian Stock Exchange. In 2023 it reported a consolidated Adjusted Net Profit of €183.2 million, with a 14.2% Group CET1 ratio at the end of December 2023. www.bff.com

Contacts

Investor Relations Caterina Della Mora Marie Thérèse Mazzocca +39 02 49905 631 | +39 335 1295 008 | +39 335 6709492 investor.relations@bff.com

Media Relations newsroom@bff.com

Alessia Barrera Director, Communication and Institutional Relations

Press Office Sofia Crosta +39 340 3434 065