Listed companies - Major shareholdings

DECLARATIONS OF MAJOR SHAREHOLDINGS
PURSUANT TO ARTICLE 120 OF LEGISLATIVE DECREE NO.58/98
PUBLISHED ON 21/01/2026

HOLDINGS IN SHARES
DATE OF TRANSACTIONDECLARANT OR SUBJECT AT THE TOP OF INVESTMENT CHAININVESTEE COMPANYPERCENTAGE AND DEED OF POSSESSIONDIRECT SHAREHOLDERPREVIOUS SITUATION
16/01/2026CREDIT AGRICOLE SABANCO BPM SPA20.104% -INDIRETTA PROPRIETA'** 20.104% DELFINANCES SAS09/04/2025 19.804%
14/01/2026JPMORGAN CHASE & CO.BPER BANCA SPA4.169% -INDIRETTA GESTIONE NON DISCREZIONALE DEL RISPARMIO** 3.701% J.P. MORGAN SE ** 0.468% J.P. MORGAN SECURITIES LLC
19/01/2026FINE FOODS & PHARMACEUTICALS N.T.M. SPAFINE FOODS & PHARMACEUTICALS N.T.M. SPA5.003% -DIRETTA PROPRIETA' DI CUI: - IL 5.003% SENZA VOTO
15/01/2026BLACKROCK INC.SNAM SPA4.943%18/11/2025 5.011%

INVESTMENTS IN FINANCIAL INSTRUMENTS AND AGGREGATE INVESTMENTS
DATE OF TRANSACTIONDECLARANT OR SUBJECT AT THE TOP OF INVESTMENT CHAININVESTEE COMPANYPERCENTAGE AND TYPE OF POSSESSIONINVESTMENT DETAILSPREVIOUS SITUATION Aggregate (A) In Financial Instruments (B)
Voting rights relative to sharesPotential investment (1)Other long positions with physical settlement (2) and settlement in cash (3)
16/01/2026CREDIT AGRICOLE SABANCO BPM SPA20.104%20.104%0.000%0.000% 0.000%30/07/2025 a)20.104% b)0.300%
14/01/2026JP MORGAN CHASE & CO.BPER SPA9.421% - INDIRETTA (*)4.169%2.674% (1)0.001% (2) 2.577% (3)
(*) Partecipazione detenuta tramite le societa' controllate JP Morgan Securities PLC, J.P. Morgan SE, JP Morgan Securities LLC e J.P. Morgan Markets Limited (1) Obbligazioni convertibili e Right to Recall senza data di scadenza. (2) call option con data di scadenza 02/08/2027. (3) Equity Swaps con date di scadenza comprese tra il 11/02/2026 ed il 09/09/2032.
15/01/2026JP MORGAN CHASE & CO.BPER SPA8.686% - INDIRETTA (*)4.337%1.761 % (1)0.001% (2) 2.586% (3)14/01/2026 a)9.421% b)5.252%
(*) Partecipazione detenuta tramite le societa' controllate JP Morgan Securities PLC, J.P. Morgan SE, JP Morgan Securities LLC e J.P. Morgan Markets Limited (1) Obbligazioni convertibili e Right to Recall senza data di scadenza. (2) call option con data di scadenza 02/08/2027. (3) Equity Swaps con date di scadenza comprese tra il 11/02/2026 ed il 09/09/2032.
14/01/2026JP MORGAN CHASE & CO.SAIPEM SPA4.835%1.258%0.902%2.676%12/01/2026 a)5.063% b)3.754%