Intermonte Partners Sim

AGM Information • Apr 27, 2022

This press release is not for publication or distribution, directly or indirectly in the United States of America, Australia, Canada and Japan, or any other country in which its publication or distribution is prohibited by the applicable legislation. This press release does not constitute an offer of securities. The securities referred to in this press release are not, and will not be, registered under the United States Securities Act of 1933. Some financial data may not have been subject to audit, control, or verification by an independent auditor.

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PRESS RELEASE

THE ORDINARY SHAREHOLDERS' MEETING OF INTERMONTE PARTNERS SIM S.P.A. HAS APPROVED:

• THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021 AND THE PAYMENT TO SHAREHOLDERS OF A DIVIDEND OF EURO 0.26 PER SHARE
• THE INTERMONTE SIM GROUP POLICY AND PRACTICE ON REMUNERATION AND INCENTIVES FOR 2022

Milan, 27/04/2022 – The ordinary shareholders' meeting (the Meeting) of Intermonte Partners SIM S.p.A. (the Company), chaired by Alessandro Valeri, took place today on single call and voted in favour of all points on the order of the day as detailed below.

FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021 AND DIVIDEND PAYMENT

The Meeting approved the financial statement for the year ended 31 December 2021 that highlights profit for the year of Euro 10,708,911, and the payment of a pre-tax dividend of Euro 0.26 per outstanding ordinary share, therefore excluding treasury shares held by the company on the date on which said dividend will be payable, for a maximum amount of Euro 8,327,297. The Meeting also resolved to allocate the difference between this figure and the aforementioned profit figure to the extraordinary reserve. The dividend will be payable on 11 May 2022 (ex-dividend date 9 May 2022, record date 10 May 2022 pursuant to art. 83-terdecies of Legislative-Decree 58/1998).

The Meeting also duly acknowledged the Company's consolidated financial statement for the year ended 31 December 2021, which highlights the following key financial indicators.

(Eu mn)	FY2019	FY2020	FY2021	FY21 vs FY20 %
Sales & Trading	14,0	14,5	15,9	10,1%
Investment Banking	6,9	9,6	11,4	19,5%
Global Markets	11,6	13,6	13,0	(4,1)%
Digital Division & Advisory	2,4	3,1	3,4	11,6%
RICAVI TOTALI NETTI	34,8	40,7	43,8	7,7%
Spese per il personale1	(15,8)	(19,6)	(19,8)	1,5%
Altre spese operative2	(10,7)	(8,9)	(9,6)	7,8%
Costi Totali	(26,6)	(28,5)	(29,5)	3,5%
Costi non ricorrenti3			(2,5)
Risultato consolidato ante imposte	8,2	12,2	11,8	(3,3)%
Risultato consolidato ante imposte adjusted	8,2	12,2	14,4	17,4%
Imposte e tasse	(2,0)	(3,2)	(3,1)	(2,7)%
Tax rate	24,8%	25,9%	26,1%	0%
Risultato netto consolidato pre-minoranze	6,2	9,1	8,7	(3,5)%
Risultato di pertinenza di terzi	(0,9)	(1,3)	(1,5)	18,1%
Risultato netto consolidato	5,3	7,8	7,2	(7,2)%
Risultato netto adjusted consolidato	5,3	7,8	9,1	17,0%

Note: 1. This item includes remuneration of executive directors but excludes remuneration of non-executive directors and statutory auditors; 2. This item includes the remuneration of non-executive directors, statutory auditors, depreciation/amortisation or net impairment losses on tangible and intangible assets, and operating income and expenses; 3. Non-recurring costs refer to the IPO administrative expenses and bonus sustained in 2021.

POLICY AND PRACTICE ON REMUNERATION AND INCENTIVES

Today's Meeting approved the Intermonte SIM Group policy and practice on remuneration and incentives for 2022.

The minutes of the Meeting will be made available to the public on the Company's website (www.intermonte.it) under Corporate Governance – Intermonte Partners – Shareholder Meetings.

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INTERMONTE

Intermonte is an independent Italian investment bank that is a leading light for Italian and international institutional investors in the mid & small caps segment. Listed on the Euronext Growth Milan market of the Italian Stock Exchange, the business model is diversified across four lines: "Investment Banking", "Sales & Trading", "Global Markets" and "Digital Division & Advisory". The Investment Banking division provides services related to extraordinary transactions, including Equity Capital Market, Advisory, M&A and Debt Capital Market transactions, for listed and non-listed companies. The Sales & Trading and Global Markets divisions support the investment decisions of over 650 Italian and foreign institutional investors, thanks to research of the highest standing by more than 50 professional operators specialising in various asset classes: shares, bonds, derivatives, ETFs, currencies, and commodities. The Research Department is a constant presence at the top end of international rankings for the quality of its research and offers the broadest coverage of the Italian equity market based on a high degree of sector-specific specialisation. Intermonte Advisory e Gestione is active in asset management and investment consultancy. Websim specialises in the production of financial content for retail investors. TIE – The Intermonte Eye – is the area reserved for financial consultants and private bankers.

For more information please contact:

BC Communication Press Office Beatrice Cagnoni beatrice.cagnoni@bc-communication.it Mobile: +39 335 5635111 Nicole Zancanella nicole.zancanella@bc-communication.it Mobile: +39 349 7553217

BPER Banca S.p.A. Euronext Growth Advisor IB@bper.it Tel: +39 02 72 626 363

Intermonte Partners SIM S.p.A.

Investor Relations Manager Alberto Subert IR@intermonte.it Tel: +39 02 77 115 357