Banco BPM SpA

Capital/Financing Update • Jun 7, 2023

Informazione Regolamentata n. 1928-63-2023		Data/Ora Ricezione 07 Giugno 2023 19:13:28	Euronext Milan
Societa'	:	BANCO BPM
Identificativo Informazione Regolamentata	:	178002
Nome utilizzatore	:	BANCOBPMN08 - Marconi
Tipologia	:	3.1
Data/Ora Ricezione	:	07 Giugno 2023 19:13:28
Data/Ora Inizio Diffusione presunta	:	07 Giugno 2023 19:13:30
Oggetto	:	PR_BANCO BPM HAS SUCCESSFULLY LAUNCHED A GREEN SENIOR NON PREFERRED BOND FOR EURO750 MILLION TO INSTITUTIONAL INVESTORS ONLY
Testo del comunicato

Vedi allegato.

PRESS RELEASE

BANCO BPM HAS SUCCESSFULLY LAUNCHED A GREEN SENIOR NON-PREFERRED BOND FOR EURO 750 MILLION TO INSTITUTIONAL INVESTORS ONLY

ORDERS REACHED €1.3 BILLION

SECOND GREEN BOND OF THE YEAR AND SIXTH ISSUANCE WITHIN THE GREEN, SOCIAL AND SUSTAINABILITY BONDS FRAMEWORK

Milan, 7th June 2023 – Banco BPM S.p.A. has successfully launched a new Green Senior Non-Preferred bond, with a five-year maturity callable in January 2027, with a total principal amount of Euro 750 million.

Orders reached €1.3 billion, with a high granularity (more than 130 investors involved), confirm the strong interest of investors in Banco BPM.

The bond was issued at a price of 99.955%, with a coupon of 6%.

The bond, reserved to institutional investors, was issued under Banco BPM's Euro Medium-Term Note Programme and it has expected ratings of Ba2/BB+/BBBL (Moody's/Fitch/DBRS).

The net proceeds of the Notes will be allocated to finance and/or re-finance Eligible Green Loans, as defined within the Issuer's Green, Social and Sustainability Bonds Framework.

The deal is the second green bond of the year and the sixth issue under Banco BPM's Green, Social and Sustainability Bonds Framework, for a total amount of ESG Bond issues equal to 3.75 billion euro.

The Framework is complementary with Banco BPM's ESG strategy and reflects a tangible commitment to the achievement of environmental and social sustainability goals which guide and characterize the Bank's conduct in its various business areas in an ever increasing way.

Banco BPM has also obtained certification for its Framework from the Institutional Shareholder Services ESG (ISS ESG) as an independent party with expertise on environmental, social and sustainability issues: Second Party Opinion (SPO).

All documents are available on the Bank's website via the link:

https://gruppo.bancobpm.it/en/sustainability/green-social-sustainability-bonds-framework/

The investors who have participated in the deal are mainly Asset Managers (61% of the total) and Banks (22%), while the geographical distribution sees predominantly international investors (of which: United Kingdom and Ireland at 31%, with Germany, Austria and Switzerland together at 13%, France at 13% and Nordics at 7%) as well as Italian investors (30%).

Banca Akros (issuer's related party[1]), BNP Paribas, BofA Securities, Citi, HSBC, Santander and UBS acted as Joint Bookrunners.

Per informazioni:

Investor Relations

Roberto Peronaglio +39 02.94.77.2108 investor.relations@bancobpm.it Comunicazione Matteo Cidda +39 02.77.00.7438 matteo.cidda@bancobpm.it Media Relations Marco Grassi +39 045.867.5048 marco.grassi@bancobpm.it

^[1] The transaction in question is configured as a related party transaction pursuant to Consob Regulation no. 17221 of 12 March 2010 and subsequent amendments (the "Consob RPT Regulation") and the related corporate regulations adopted by the Bank (the "Banco BPM Procedure", available on the website www.bancobpm.it, Corporate Governance section, Company documents) and it qualifies in particular as a "minor" and "intra-group" transaction - in consideration of the controlling interest held by Banco BPM SpA in Banca Akros S.p.A. - thus benefiting from the exemptions provided for in the Consob RPT Regulation and the Banco BPM procedure, having been noted that there are no significant interests of other related parties.