Banco BPM SpA

Business and Financial Review • Oct 20, 2022

Informazione Regolamentata n. 1928-87-2022		Data/Ora Ricezione 20 Ottobre 2022 20:14:54	Euronext Milan
Societa'	:	BANCO BPM
Identificativo Informazione Regolamentata	:	168417
Nome utilizzatore	:	BANCOBPMN03 - Marconi
Tipologia	:	3.1
Data/Ora Ricezione	:	20 Ottobre 2022 20:14:54
Data/Ora Inizio Diffusione presunta	:	20 Ottobre 2022 20:14:56
Oggetto	:	Partial spin-off of Tecmarket Servizi S.p.A. in favor of Banco BPM S.p.A.: notice of filing of documents
Testo del comunicato

Vedi allegato.

NEWS RELEASE

Partial spin-off of Tecmarket Servizi S.p.A. in favor of Banco BPM S.p.A.: notice of filing of documents

Milan, 20 October 2022 – On 19 October 2022, after receiving the authorization from the ECB to proceed with the spin-off, the plan for the partial spin-off of Tecmarket Servizi S.p.A. ("Tecmarket") in favor of Banco BPM S.p.A. ("Banco BPM"), prepared in accordance with art. 2506-bis and 2501-ter of the Italian Civil Code (the "Spin-off Plan"), was filed with the competent Company Registers.

Tecmarket is a service company fully owned by Banco BPM. In a nutshell, the services provided by Tecmarket cover: i) activities tied to the management of terminals and technical assistance to customers for POS and Mobile POS services; ii) the use of the technological platform for the You Business Web service geared to Banco BPM's PA and Corporate clients; iii) additional technological services functional for specific Banco BPM services provided to its customers.

The partial spin-off, to be carried out along the simplified procedure under articles 2505 and 2506-ter of the Italian Civil Code, calls for the assignment of an aggregate capital amount by Tecmarket to Banco BPM covering all activities and services, excluding the activities related to the management of terminals and technical assistance to customers for POS and Mobile POS services under item i) above, on which Tecmarket is going to focus its business operations after the completion of the spin-off.

This deal is also part of the corporate and operational rationalization actions implemented by Gruppo Banco BPM to streamline and rationalize the group structure, and will have no impact on Gruppo Banco BPM's capital ratios and consolidated financial statements.

It is also noted that, in compliance with current regulations, as of today the Spin-off Plan is made available to the public at the headquarters of the companies taking part in the spin-off, as well as at Borsa Italiana S.p.A., on the website of Banco BPM www.gruppo.bancobpm.it ("Investor Relations > corporate transactions" section) and on the website of the authorized storage mechanism .

Finally, in compliance with current regulations, the financial statements of the last three financial years of the companies taking part in the spin-off are also made available to the public.

Contacts: Investor Relations Roberto Peronaglio +39 02 94 77 2108 investor.relations@bancobpm.it

Communication Matteo Cidda +39 02 77 00 7438 matteo.cidda@bancobpm.it Press Office Monica Provini +39 02 77 00 3515 monica.provini@bancobpm.it