Intesa Sanpaolo

AGM Information • May 3, 2022

SUMMARY REPORT OF VOTES (article 125-quater, paragraph 2, Consolidated Law on Finance - TUF)

Shareholders' Meeting 29 April 2022 - Ordinary part
	Number of shares	% of ordinary shares in attendance at the meeting	% of share capital
Item 1 on the agenda: 2021 financial statements
a) Approval of the Parent Company's 2021 financial statements
Votes in favour	10.842.548.361	99,62661	55,80180
Votes against	9.685.722	0,08900	0,04985
Abstentions	30.283.081	0,27825	0,15585
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.883.185.460	100,00000	(1) 56,01094
b) Allocation of net income for the year and distribution to shareholders of dividend and part of the Share Premium Reserve
Votes in favour	10.846.974.251	99,66727	55,82458
Votes against	34.889.586	0,32059	0,17956
Abstentions	653.327	0,00600	0,00336
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.883.185.460	100,00000	56,01094 (2)
Item 2 on the agenda: Resolutions in respect of the Board of Directors pursuant to Articles 13 and 14 of the Articles of Association
a) Determination of the number of Board Directors for the financial years 2022/2023/2024
Votes in favour	10.436.823.637	95,88575	53,71371
Votes against	385.488.317	3,54158	1,98394
Abstentions	62.333.148	0,57267	0,32080
Shares in relation to which the vote has not been cast	0	0,00000	0,00000
Total	10.884.645.102	100,00000	56,01845 (3)
b) Appointment of Board Directors and members of the Management Control Committee for the financial years 2022/2023/2024, on the basis of slates of candidates submitted by shareholders
Slate 1 (*)	8.328.594.918	76,51463	42,86359
Slate 2 (**)	2.477.729.918	22,76285	12,75178
Votes against	23.262.846	0,21372	0,11972
Abstentions	41.397.019	0,38031	0,21305
Shares in relation to which the vote has not been cast	13.985.796	0,12849	0,07198
Total	10.884.970.497	100,00000	56,02013 (4)
c.1) Election of the Chairman and one or more Deputy Chairpersons of the Board of Directors for the financial years 2022/2023/2024: - Election of the Chairman
Votes in favour	10.540.605.474	96,85511	54,24783
Votes against	265.744.267	2,44186	1,36767
Abstentions	65.636.939	0,60312	0,33780
Shares in relation to which the vote has not been cast	10.873.296	0,09991	0,05596
Total	10.882.859.976	100,00000	56,00927 (5)
c.2) Election of the Chairman and one or more Deputy Chairpersons of the Board of Directors for the financial years 2022/2023/2024: - Election of one or more Deputy Chairpersons
Votes in favour	10.540.605.474	96,85511	54,24783
Votes against	265.744.267	2,44186	1,36767
Abstentions	65.636.939	0,60312	0,33780
Shares in relation to which the vote has not been cast	10.873.296	0,09991	0,05596
Total	10.882.859.976	100,00000	56,00927 (6)
Item 3 on the agenda: Remuneration
a) Remuneration policies in respect of Board Directors
Votes in favour	10.552.656.199	96,96294	54,30985
Votes against	303.592.704	2,78955	1,56246
Abstentions	26.268.261	0,24137	0,13519
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.883.185.460	100,00000	56,01094 (7)

b) Determination of the remuneration of Board Directors pursuant to Articles 16.2 and 16.3 of the Articles of Association
Votes in favour	10.601.073.348	97,41073	54,55904
Votes against	271.200.626	2,49200	1,39575
Abstentions	9.917.706	0,09113	0,05104
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.882.859.976	100,00000	56,00927 (8)
c) Report on remuneration policy and compensation paid: Section I - Remuneration and incentive policies of the Intesa Sanpaolo Group for 2022
Votes in favour	9.239.316.646	84,89533	47,55068
Votes against	1.530.656.766	14,06442	7,87761
Abstentions	112.543.752	1,03411	0,57921
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.883.185.460	100,00000	56,01094 (9)
d) Report on remuneration policy and compensation paid: non-binding resolution on Section II - Disclosure on compensation paid in the financial year 2021
Votes in favour	9.409.020.104	86,45465	48,42406
Votes against	1.160.595.854	10,66412	5,97307
Abstentions	312.901.206	2,87509	1,61036
Shares in relation to which the vote has not been cast	668.296	0,00614	0,00344
Total	10.883.185.460	100,00000	56,01094 (10)
e) Approval of the 2022 Annual Incentive Plan based on financial instruments
Votes in favour	10.462.418.857	96,13379	53,84544
Votes against	325.224.347	2,98832	1,67379
Abstentions	89.289.960	0,82044	0,45954
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (11)
f) Approval of the 2022-2025 Performance Share Plan Long-term Incentive Plan reserved for the Management of the Intesa Sanpaolo Group
Votes in favour	10.462.967.709	96,13884	53,84827
Votes against	326.293.221	2,99813	1,67929
Abstentions	87.672.234	0,80558	0,45121
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (12)
g) Approval of the 2022-2025 LECOIP 3.0 Long-term Incentive Plan reserved for the Professionals of the Intesa Sanpaolo Group
Votes in favour	10.670.019.149	98,04132	54,91387
Votes against	118.865.120	1,09219	0,61175
Abstentions	88.048.895	0,80904	0,45315
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (13)
Item 4 on the agenda: Own shares
a) Authorisation to purchase own shares for the annulment of a maximum number of 2,615,384,615 own shares
Votes in favour	10.489.321.083	96,38098	53,98390
Votes against	316.444.133	2,90764	1,62860
Abstentions	71.167.948	0,65393	0,36627
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (14)
b) Authorisation to purchase and dispose of own shares to serve Incentive Plans
Votes in favour	10.497.450.718	96,45568	54,02574
Votes against	361.790.680	3,32431	1,86198
Abstentions	17.691.766	0,16256	0,09105
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (15)
c) Authorisation to purchase and dispose of own shares for trading purposes
Votes in favour	10.755.811.599	98,82963	55,35540
Votes against	113.845.339	1,04606	0,58591

Abstentions	7.276.226	0,06686	0,03745
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (16)
	Shareholders' Meeting 29 April 2022 - Extraordinary part
	Number of shares	% of ordinary shares in attendance at the meeting	% of share capital
Item 1 on the agenda: Annulment of own shares with no reduction of the share capital and consequent amendment to Article 5 (Share Capital) of the Articles of Association
Votes in favour	10.583.794.942	97,24905	54,47011
Votes against	229.244.786	2,10642	1,17982
Abstentions	63.893.436	0,58708	0,32883
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (17)
the purpose of implementing the 2022-2025 LECOIP 3.0 Long-term Incentive Plan based on financial instruments, referred to under item 3g) of the ordinary part, and consequent amendment to Article 5 (Share Capital) of the Articles of Association
Votes in favour	10.689.457.177	98,21993	55,01391
Votes against	107.070.285	0,98381	0,55104
Abstentions	80.405.702	0,73881	0,41381
Shares in relation to which the vote has not been cast	6.252.296	0,05745	0,03218
Total	10.883.185.460	100,00000	56,01094 (18)
Item 3 on the agenda: Mandate to the Board of Directors, pursuant to Article 2443 of the Italian Civil Code, to approve a share capital increase without payment pursuant to Article 2349, paragraph 1, of the Italian Civil Code for the purpose of implementing the 2022-2025 Performance Share Plan Long-term Incentive Plan based on financial instruments, referred to under item 3f) of the ordinary part, and consequent amendment to Article
	10.442.210.590	95,94811	53,74144
5 (Share Capital) of the Articles of Association. Votes in favour Votes against	354.316.872	3,25563	1,82351
Abstentions	80.405.702	0,73881	0,41381

Notes:

(*) 14 Board Directors were appointed from Slate 1, the majority slate submitted by Compagnia di San Paolo, Fondazione Cariplo, Fondazione Cassa di Risparmio di Padova e Rovigo, Fondazione Cassa di Risparmio di Firenze and Fondazione Cassa di Risparmio in Bologna. The members elected were: Gian Maria Gros-Pietro, Paolo Andrea Colombo, Carlo Messina, Franco Ceruti, Paola Tagliavini, Liana Logiurato, Luciano Nebbia, Bruno Picca, Livia Pomodoro, Maria Alessandra Stefanelli, Bruno Maria Parigi; for the Management Control Committee Fabrizio Mosca, Milena Teresa Motta, Maria Cristina Zoppo

Total 10.883.185.460 100,00000 56,01094 (19)

(**) 5 Board Directors were appointed from Slate 2, the minority slate submitted by Allianz Valeurs Durables Sicav, Amundi Asset Management SGR S.p.A., ANIMA SGR S.p.A., ARCA Fondi SGR S.p.A., BancoPosta Fondi S.p.A. SGR, Candriam, Epsilon SGR S.p.A., Eurizon Capital S.A., Eurizon Capital SGR S.p.A., Fidelity Funds, Fideuram Asset Management Ireland, Fideuram Intesa Sanpaolo Private Banking Asset Management SGR S.p.A., Interfund Sicav - Interfund Equity Italy, Fondo Pensione BCC/CRA, Generali Investments Luxembourg S.A., Generali Investments Partners S.p.A. SGR, KAIROS PARTNERS SGR S.p.A., Legal & General Assurance (Pensions Management) Limited, Mediobanca SGR S.p.A. and Mediolanum Gestione Fondi SGR S.p.A.. The members elected were: Daniele Zamboni, Maria Mazzarella, Anna Gatti; for the Management Control Committee Alberto Maria Pisani, Roberto Franchini

Pursuant to art. 135-undecies of TUF the following number of shares were not counted for the calculation of the majority and share capital required to pass the resolution:

(1) Item n.1 a) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(2) Item n.1 b) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(3) Item n.2 a) on the agenda no 325,848 shares, equal to 0.00299% of the shares in attendance at the meeting

(4) Item n.2 b) on the agenda no 89 shares, equal to 0.00000% of the shares in attendance at the meeting

(5) Item n.2 c.1) on the agenda no 2,110,610 shares, equal to 0.001939% of the shares in attendance at the meeting

(6) Item n.2 c.2) on the agenda no 2,110,610 shares, equal to 0.01939% of the shares in attendance at the meeting

(7) Item n.3 a) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting (8) Item n.3 b) on the agenda no 2,110,610 shares, equal to 0.01939% of the shares in attendance at the meeting

(9) Item n.3 c) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(10) Item n.3 d) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(11) Item n.3 e) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(12) Item n.3 f) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(13) Item n.3 g) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(14) Item n.4 a) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(15) Item n.4 b) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting (16) Item n.4 c) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(17) Item n.1 a) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(18) Item n.1 b) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting

(19) Item n.1 c) on the agenda no 1,785,126 shares, equal to 0.01640% of the shares in attendance at the meeting