Shareholding Structure
According to the communications received pursuant to Article 120 of the Consolidated Law on Finance (“TUF”) and based on the other information available, as well as the information on the CONSOB website, the entities that directly and/or indirectly hold ordinary shares accounting for more than 3% of the voting rights in the share capital of Banca Monte dei Paschi di Siena S.p.A. (“BMPS”), and that do not fall under the cases of exemption provided for by CONSOB Regulation no. 11971 concerning the discipline of issuers, are as follows:
| SHAREHOLDER | % OF CAPITAL* |
| DELFIN S.A.R.L. | 17.533% |
| GRUPPO FRANCESCO GAETANO CALTAGIRONE (**) | 10.262% |
| BLACKROCK, INC. (***) | 4.898% |
| MEF - MINISTERO DELL’ECONOMIA E DELLE FINANZE | 4.863% |
| BANCO BPM SPA (****) | 3.741% |
| OTHER SHAREHOLDERS | 58.70% |
(*) The percentages here indicated are calculated on the number of shares representing the updated share capital, which takes into account the execution of total paid share capital increase reserved to the voluntary public tender and exchange offer launched by BMPS on all ordinary shares of Mediobanca pursuant to Articles 102 and 106, paragraph 4, of TUF, as registered with the Company Register on 29 September 2025.
(**) Shareholdings and voting rights held through no. 24 companies.
(***) Shareholdings and voting rights held for “non-discretional asset management” through no. 15 companies belonging to BlackRock Group as communicated with form 120/A on 20 March 2026.
(****) Shareholdings and voting rights held also through Anima Holding S.p.A. and Banco BPM Vita S.p.A..