Banco BPM SpA

Informazione Regolamentata n. 1928-14-2025	Data/Ora Inizio Diffusione Euronext Milan 27 Gennaio 2025 22:40:55
Societa'	:	BANCO BPM
Identificativo Informazione Regolamentata	:	200750
Utenza - Referente	:	BANCOBPMN02 - Marconi Andrea
Tipologia	:	3.1
Data/Ora Ricezione	:	27 Gennaio 2025 22:40:55
Data/Ora Inizio Diffusione	:	27 Gennaio 2025 22:40:55
Oggetto	:	CLARIFICATIONS REGARDING TODAY'S ANNOUNCEMENT FROM UNICREDIT S.P.A.
Testo del comunicato

Vedi allegato

PRESS RELEASE

Milan, January 27, 2025 – In reference to today's announcement from UniCredit S.p.a. ("UniCredit"), Banco BPM ("BBPM" or the "Bank"):

1) Reiterates that any reference to the price of BBPM as of November 6, 2024 is inappropriate and not pertinent because, on that date, it did not incorporate the Bank's quarterly results, the launch of the takeover bid on Anima, and the purchase of 5% of the capital of Banca Monte Paschi. These elements, as already stated in the December 17, 2024 communication, are significant as they have a material impact on the Bank's value;
2) Notes that today's announcement from UniCredit specifies that the premium of 14.8% is calculated based on the market prices of the two stocks as of November 6, 2024; in contrast, the communication released by UniCredit on December 13, 2024 indicated that the valuation of Euro 6.657 - determined on the basis of the official price as of November 22, 2024 - "incorporates a premium equal to [...] 14.8% compared to the official price of the Issuer's Shares on November 6, 2024 (equal to Euro 6.408)"; this calculation was erroneous, as the comparison between the two values results in a premium of 3.9%.

For further information:

Media Relations e-mail: [email protected] Investor Relations e-mail: [email protected]

Fine Comunicato n.1928-14-2025	Numero di Pagine: 3
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