BPER, Banca Popolare Di Sondrio Merger Plan Approval To Be Submitted To Boards On 5 Nov Meetings

Banca Popolare Di Sondrio SpA BPSO:

• PREPARATORY ACTIVITIES FOR THE TRANSACTION CONSISTING IN THE MERGER BY ABSORPTION OF BP SONDRIO INTO BPER ARE UNDERWAY

• APPROVAL OF MERGER PLAN EXPECTED TO BE SUBMITTED TO BANKS BOARDS AT THEIR MEETINGS SCHEDULED FOR 5 NOV 2025

• COMPLETION OF MERGER EXPECTED TO TAKE PLACE WITHIN THE FIRST HALF OF 2026

• BPER'S BOARD CONCURRENTLY APPROVED IMPLEMENTATION OF PATHWAY TO PROMOTE GENERATIONAL TURNOVER THROUGH VOLUNTARY EXIT OF 800 GROUP EMPLOYEES