Bff Bank

Share Issue/Capital Change • Mar 2, 2023

PRESS RELEASE

Notice of change in share capital – March 2023

Milan, 2 nd March 2023 – BFF Bank S.p.A. ("BFF" or the "Bank"), pursuant to article 85-bis of CONSOB Regulation n° 11971/1999 (Issuers) as subsequently amended, announces the new composition of its share capital (fully subscribed and paid-in), following the partial execution of the share capital increase free of charge, resolved by the Bank's Shareholders' Meeting of 2nd April 2020 ("Share Capital Increase Free of Charge").

As a result of the execution of the Share Capital Increase Free of Charge, in the period until 2nd March 2023, BFF's share capital increased by an amount equal to Euro 14,308.14, through the issuance of 18,582 new BFF ordinary shares, assigned to BFF Group's employees in relation with the remuneration and incentive policies' requirements, in the context of:

• (i) the Management by Objective incentive system;
• (ii) the "Stock Option Plan of Banca Farmafactoring Banking Group", originally approved by the Shareholders' Meeting of 5th December 2016, and modified by the Shareholders' Meeting of 28th March 2019 ("SOP 2016");
• (iii) the "Stock Option Plan of Banca Farmafactoring Banking Group", approved by the Shareholders' Meeting of 2 nd April 2020 ("SOP 2020").

The certificate of the change in share capital was filed with the Companies' Registration List of Milan, Monza Brianza and Lodi, on 2 nd March 2023.

TABLE 1	Current share capital			Previous share capital
	Euro (€)	N° of shares	Unitary nomin. value	Euro (€)	N° of shares	Unitary nomin. value
Total of which:	142,929,817.72	185,623,140	W/o nominal value	142,915,509.58 185,604,558		W/o nominal value
Ordinary shares (regular entitlement: 01/01/2023) N° of current coupon: 7	142,929,817.72	185,623,140	W/o nominal value	142,915,509.58 185,604,558		W/o nominal value

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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 2022 it reported a consolidated Adjusted Net Profit of €146.0 million, with a 16.9% Group CET1 ratio at the end of December 2022. www.bff.com

Contacts

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

Media Relations Alessia Barrera, Sofia Crosta Ewelina Kolad +39 02 49905 616 |+39 340 3434 065 +48 42 272 82 90 newsroom@bff.com

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