Bff Bank

Capital/Financing Update • Oct 19, 2022

PRESS RELEASE

BFF receives its MREL requirements

Bank of Italy informed BFF of its consolidated minimum requirements for own funds and eligible liabilities (MREL)

Milan, 19th October 2022 – Today Bank of Italy, following the conclusion of the administrative process to determine the consolidated minimum requirements for own funds and eligible liabilities ("MREL"), informed that, starting from 1st January 2025, BFF Bank S.p.A. ("BFF") shall comply with the following consolidated capital requirements:

• MREL in terms of TREA (Total Risk Exposure Amount) equal to 21,73% (included the CBR Combined Buffer Requirement of 2,50%);
• MREL in terms of LRE (Leverage Ratio Exposure) equal to 5,33%.

No subordination requirement has been assigned to BFF to comply with the requirements and the calculation of other eligible liabilities.

BFF will consider the entry in force, on 1st January 2025, of the MREL requirements in its strategic and funding plans.

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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 2021 it reported a consolidated Adjusted Net Profit of €125.3 million, with a 15.1% Group CET1 ratio at the end of June 2022. www.bff.com

Contacts

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

Media Relations Alessia Barrera, Sofia Crosta newsroom@bff.com +39 02 49905 616 | +39 340 3434 065