Bff Bank

Regulatory Filings • Aug 8, 2022

PRESS RELEASE

BFF receives its new SREP requirements

Bank of Italy informed BFF on its capital decision, following the conclusion of the supervisory review and evaluation process ("SREP")

Milan, 8th August 2022 – Today Bank of Italy informed BFF Bank S.p.A. ("BFF" or the "Bank") of its decision on the new capital requirements, following the conclusion of the supervisory review and evaluation process ("SREP"). The communication from Bank of Italy requires that, starting from the next own funds regulatory reporting, BFF will adopt the following consolidated capital ratios:

• Common Equity Tier 1 (CET 1 ratio) of 9.00%, composed of a binding measure of 6.50% (of which 4.50% of minimum regulatory requirements and 2.00% of additional requirements determined as a result of the SREP), and, for the rest, of the capital conservation buffer component;
• Tier 1 (Tier 1 ratio) of 10.50%, composed of a binding measure of 8.00% (of which 6.00% of minimum regulatory requirements and 2.00% of additional requirements determined as a result of the SREP), and, for the rest, of the capital conservation buffer component;
• Total Capital Ratio (TC ratio) of 12.50%, composed of a binding measure of 10.00% (of which 8.00% of minimum regulatory requirements and 2.00% of additional requirements determined as a result of the SREP), and, for the rest, of the capital conservation buffer component.

At a consolidated level, as of 30th June 2022, the Bank had a CET1 ratio of 15.1% (vs. a SREP requirement of 9.0%), and a Tier 1 ratio and a TC ratio of 21.2% (vs. a SREP requirements of respectively 10.5% and 12.5%).

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Thispressrelease isavailable on-line onBFFGroup'swebsite www.bff.comwithinthe 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 operatesinItaly,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 Italy and International Press Alessia Barrera, Sofia Crosta +39 02 49905 616 |+39 340 3434 065 newsroom@bff.com