Banco BPM SpA — Capital/Financing Update 2025

Dec 22, 2025

.1

Data/Ora Ricezione : 22 Dicembre 2025 08:01:25

Oggetto : PR_EARLY REDEMPTION OF THE

INSTRUMENT "EURO 400,000,000 6.500% ADDITIONAL TIER 1 NOTES" ISSUED BY

BANCO BPM S.P.A.

Testo del comunicato

Vedi allegato

PRESS RELEASE

EARLY REDEMPTION OF THE INSTRUMENT "EURO 400,000,000 6.500% ADDITIONAL TIER 1 NOTES" ISSUED BY BANCO BPM S.P.A.

Milan, 22 December 2025 – Banco BPM S.p.A. announces its intention to exercise the call option on the "Euro 400,000,000 6.500% Additional Tier 1 Notes" (ISIN XS2284323347).

This instrument, issued on 19 January 2021 and placed to institutional investors, has an outstanding amount of Euro 400,000,000.

According to the instrument terms and conditions, the earliest date for the exercise of the call is 19 January 2026. To this end, the Bank will proceed to the publication of a specific notice to the noteholders, in the manner and within the time limits indicated in the terms and conditions.

The Issuer has obtained the permission of the Relevant Authority to redeem the Notes in accordance with the Applicable Banking Regulations.

For information:

Media Relations e-mail: stampa@bancobpm.it

Investor Relations e-mail: investor.relations@bancobpm.it