Banca Ifis S.p.A.: 2Q26 results

2Q26 results

4 August 2026

21.2Q26 Consolidated results 2.Focus on Banca Ifis stand -alone: 2Q26 results

3.Appendices

3.1 Banca Ifis stand -alone – Financial results 3.2 Banca Ifis stand -alone - Company overview 3.3 illimity - Company overview

Index

3

2Q26 Consolidated

results1

Proactive de-risking and integration in 2026 , laying the foundations for stronger profitability and value creation from 2027 4Financial performance and de-risking 1H26 net profit at ca. €8mln (€-23mln loss in 2Q26) which includes ca. €84mln provisions Out of €84mln provisions recorded in 1H26 (of which €73mln in 2Q26), around €30mln reflected the findings of the on-site inspection conducted by the Bank of Italy at Banca Ifis. The guidance communicated on June 25th also included roughly €40mln additional expected provisions in illimity, of which €4mln are already booked in 2Q26, and the remaining is being booked in 2H26, following the definitive update of the reports of the non-core NPL SPVs and given the expected defaults of B-ilty portfolio Capital strength : CET1 ratio of 13.4% as of 30 June 2026 , excluding 1H26 earnings, providing a solid buffer for a bank of our scale, well above the Bank of Italy's current requirements of 9.9% (including 1% P2G). We remain firmly focused on capital management and will closely monitor capital ratios throughout the integration, derisking and NPL portfolio deconsolidation process New MREL requirement effective from 31st March 2026 set at 13.13% of TREA (including the CBR under Article 128 CRD) and set at 4.67% of LRE, fully met through CET1 capital and broadly unchanged compared with the previous requirement (+1bps), which was before the illimity acquisition 1 2 3 4

Our path towards long -term value creation We are fully on track with the integration of Banca Ifis and illimity , laying the foundations to deliver €75m of annual cost and revenue synergies in 2027 and onwards Illimity completed the disposal of Hype, ARECneprix and Abilio , significantly simplifying the Group's operating structure and balance sheet The Group completed the renegotiation of illimity's IT contracts as key part of the integration process . A new long -term agreement strengthens the partnership with Finomnia /Fibonacci while delivering significant recurring cost savings . As part of the agreement, Finomnia will acquire full ownership of altermAInd Banking while Banca Ifis and Finomnia will continue their strategic partnership through a company focused on AI We started the competitive process for the deconsolidation of our NPL business , which is progressing in line with our expected timeline . There is strong interest from a broad range of potential counterparties, including domestic and international investors, specialized NPL operators, financial institutions and private equity firms A clear strategic direction : we are proactively reshaping our business model towards a well-rounded SME banking specialist , ensuring proactive alignment with the regulatory environment and the risk profile of the Group . The illimity acquisition and the Fürstenberg Division mark concrete milestones of a long -term transformation focused on sustainable value creation , to be fully articulated in the new Business Plan The cost of funding reduction and the consequent margin development on track , notwithstanding a moderate increase in base rates5 1 2 4 5 3 6

Strong execution delivered on time, on plan with

stability

€50m cost synergy run-rate secured in 2027 €30mln operating costs reduction secured •Completed IT contract renegotiation •illimity cost base streamlined through centralized procurement and efficiency

measures

Ca. 650 FTEs reduction already completed •Early retirement program at Banca Ifis

fully subscribed

•Further workforce streamlining delivered through disposal of non-core subsidiaries and voluntary exits at

illimity

€50m cost synergies secured for 2027 with €25m revenue synergies already activated 6€25m revenue synergies activated through commercial

execution

•Re-vamping of illimity’s core SME business across structured finance, factoring and turnaround with sizeable deal pipeline already being executed •New lending origination aligned with Banca Ifis risk standard •Integration (organization, control functions, culture) progressing in line with planSimplified Group

structure

•Non-core subsidiaries

spun off

oHype

oArecNeprix

oAbilio

•IT service perimeter

streamlined

1 2 3

Strategic executions on integration and value creation •We completed the renegotiation of the IT agreement with Finomnia Group (Apax) and realigned the altermAInd partnership structure (originally owned 52% by Finomnia and 48% by illimity ) •Finomnia Group will acquire 100% of altermAInd Banking, focused on selected IT banking services and a digital banking platform designed to accelerate the digital transformation of third party financial institutions .

The long -term service agreement with Banca Ifis has been correspondingly amended, with annual payments significantly reduced to achieve cost synergies •Banca Ifis and Finomnia Group will remain long -term partners with a joint investment in altermAInd (52% owned by Finomnia and 48% by illimity ), a company focused on AI. Banca Ifis will leverage the altermAInd platforms and know -how to develop AI- driven banking solutions with a specialized partner •We completed the disposal of 100% of ARECneprix to Prelios for €30m (c. +10bps on Banca Ifis CET1 ratio) •The transaction enhances Banca Ifis' operational efficiency through a strategic partnership with a leading servicing platform while the long -term servicing agreement with ARECneprix ensures continuity in the management of illimity's NPL portfolios •We completed the disposal of Abilio (82% owned by illimity and 18% by Coima ) to Servizilegali .net, a specialized operator with long -standing experience in the judicial disposal sector, to enable the full relaunch of the business of Abilio •The disposal of Abilio does not include real estate agency Quimmo , which, following this transaction, will be owned by Coima (60%) - the natural owner to lead the next phase of their development - and illimity (40%) 7 IT

partnerships

and AI

strategy

Disposal of

ArecNeprix

Disposal of

Abilio

Deconsolidation of NPL business: competitive process underway, attracting strong interest from high -quality bidders

8Non-binding offers

Due diligence

Binding offersHigh level Teaser/NDAs

signedJune/

July

2H26

2H26

2H26

Signing/closing 1H27Expected timetable Selected high profile bidders are participating •Italy’s leading integrated platform for small ticket NPL investment and servicing, supported by a disciplined investment approach and a strong track -record in granular NPL portfolios •Strategic rationale :

o Deconsolidation of the NPL business given the regulatory outlook o Improved capital efficiency o Secure the best long -term value -creating solution for both Ifis and its NPL

business

Proactive strategic action in response to the new calendar provisioning regulationIfis NPL Investing Ifis NPL Servicing

€16.2bn

GBV as of 2Q26 of

the portfolio€1.5bn

NBV as of 2Q26

the portfolio

~€500m+

Forward -flow agreements (GBV per year )€42bn+ GBV acquired since

inception

€12.1 bn

AuM as of 2Q26€3.7bn Cash collection since 2Q14

1.2m

exposures€1.7bn

Third -party Special Servicing AuM as of 2Q26 (GBV)

Consolidated results

Reclassified Consolidated Income Statement – (€ mln) 4Q25 1Q26 2Q26 Net interest income 186.5 127.4 134.3 Net commission income 40.2 33.7 37.6 Trading and other revenues 26.4 55.3 18.2 Total Revenues 253.0 216.4 190.1 Loan loss provisions (78.6) (10.3) (73.3) Total Revenues - LLP 174.5 206.1 116.8 Personnel expenses (62.0) (63.4) (61.9) Other administrative expenses (95.3) (83.5) (89.0) Other net income/expenses 6.0 (3.1) (7.8) Operating costs (151.4) (150.0) (158.8) Charges related to the banking systems (1.3) - -

Net allocations to provisions for risks and charges (7.5) - (2.2) Non-recurring items (170.2) (4.8) 3.1 Profit (Loss) from equity investments 0.6 (0.8) (0.5) Gains (Loss) on disposal of investments 0.1 - 4.2 Pre-tax profit (155.0) 50.5 (37.3) Taxes 10.6 (19.2) 14.1 Net result - Contribution to the Parent company (144.3) 31.3 (23.5) Customer loans 16,136 16,276 16,368

- of which Ifis Npl Business 1,592 1,564 1,581 Total assets 21,648 20,927 21,144 Total funding 18,716 17,978 18,377

- of which customer deposits 11,257 10,891 10,593 Shareholders Equity 2,141 2,159 2,076 1Q26 includes the positive contribution from the Turnaround business (former illimity ) from the successful early repayment of our exposure to an Italian mid corporate 2Q26 includes ca. €30mln of provisions arising from the internal review performed following the Bank of Italy’s on-site inspection, as well as the first tranche of provisions due to updated recovery expectations on certain non-core assets and the deterioration of selected exposures within illimity’s loan portfolio Includes the disposal of ARECneprix

and Abilio

1 3 1 2 9 2 3

10Asset quality

Asset quality ratios •NPEs increased by ca. €152mln, mainly driven by reclassifications following the internal assessment and Bank of Italy inspection (ca.

€112mln), higher B-Ilty non-performing exposures (ca. €25mln, with 100% of B-Ilty positions assisted by public guarantees covering on avg.

80% of the exposure), and other portfolio dynamics (ca. €15mln) •Further classification pieces of the Pharma book (in run-off) using even more stringent criteria ; total pharma book went down to ca. €100mln •The Group is in ongoing discussions for the sale of ca. €60-€80mln generated NPLs (by illimity and Banca Ifis) Gross Net Coverage Performing 10.022 9.945 0,8% Total NPEs 660 405 38,7%

- Past due 117 102 13,1%

- UTP 386 250 35,2%

- Bad loans 158 54 66,0% Total 10.683 10.350 3,1%

7.4%

2Q26Gross Net

1Q26

Asset quality ratios exclude the following items •Government Bonds at amortized cost (€3.2bn in 2Q26; €3.3bn in

1Q26)

•Banca Ifis Npl business •Npe acquired (POCI) as part of the business of the Bank (i.e turnaround, illimity core business) or as part of business combinations (i.e. NpLs of B-ilty) •Notes with underlying illimity’s procurement dispute business (illimity non-core Npl business) •Notes with underlying illimity’s Npl business portfolios (illimity non-

core Npl business)1Q26 2Q26 Gross Net Coverage 10.153 10.070 0,8% 812 518 36,2% 194 173 10,8% 437 275 37,0% 182 70 61,6% 10.965 10.588 3,4% Gross Npes Net Npes excluding loans vs. the public health system in PD and UTP Loans vs. the public health system in PD and UTP

6.0%0.2%

3.7%0.2%

2.1%

6.5%0.9%

4.1%0.8%7.4% 6.2%

4.9%3.9%Gross Net

Capital ratios

CET1 of 13.39% as of 30 June 26, excluding 1H26 net income Key items of CET1 evolution in 2Q26:

•+0.01% due to lower calendar provisioning

deduction

•+0.02% due to lower intangible assets

deduction

•-0.01% due to lower reserves •-0.06% due to higher DTAs deductions •-0.28% due to higher RWA (+€278mln) in Banca Ifis (+€524mln) due to business growth, partially offset by lower RWA in

illimity (-€245mln)

11*In January 2024 Banca Ifis Group received from the Bank of Italy the communication of the new SREP requirements. The new requ irements are CET1 9.83%, T1 11.73%, Total Capital 14.13%. Starting from 31 Dec 24 ,the Bank of Italy introduced a new capital buffer called “Systemic Risk Buffer” at 0.5% (phase -in) increa sed to 1% from June 30, 25 for domestic exposures subject to credit and counterparty risk.Total

capital

18.97% 18.44%

-0.53%

13.71% 13.39% -0.32%CET1

13,588Intangible

Assets0.02%

Calendar

provisioning0.01%

DTA deductions (0.06%) (0.28%) RWA

Increase

2Q26

CET1

13,866

RWA €mlnSREP*

9.83%

1Q26

CET1Reserves(0.01%)

12 Focus on Banca Ifis stand -alone: 2Q26

results 2

172

138 155

2Q25 1Q26 2Q26

13Net revenues

Quarterly Revenues

-10% YoY

• Net revenues in 2Q26 at €155mln (-10% YoY and QoQ) o Commercial & Corporate Banking revenues at €87mln (€81mln in 1Q26, €83mln in 2Q25). The performance reflects solid commercial momentum, continued pricing discipline and positive seasonality in structured finance (€12mln in 2Q26 vs. €7mln in

1Q26)

o NPL revenues* of €48m (€47m in 1Q26; €76m in 2Q25) reflected lower purchasing activity ahead of the portfolio deconsolidation and a strategic shift towards forward flow agreements, resulting in lower upfront revenue recognition o Non Core & G&S revenues at €21mln (€9mln in 1Q26, €13mln in 2Q25) benefiting from the strong performance of proprietary

finance portfolio

*Includes interest income, cost of funding and certain minor items (i.e. net commission income and the gains on sales of receivables)

+12% QoQ

14Data in € mln (excluding disposals)* 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 2025 YE Cash collection 101 95 94 103 98 94 392 Contribution to P&L** 86 73 61 88 52 55 309 Cash collection / contribution to P&L 117% 129% 153% 117% 188% 173% 127% *Source : management accounting data .

** It includes only interest income, excludes cost of funding and some minor items (i.e. net commission income and the gains on sales of receivables)Npl Business*: cash recovery and P&L contribution •Cash collection remains extremely solid ; models have been consistently outperformed •Focus on forward flow agreements and low-vintage portfolios, aligned with the progressive move by major originators toward earlier disposals, with priority on assets offering quicker resolution •Increased use of extrajudicial recovery approaches to support timely collections and manage legal costs •Tail portfolio disposals (€12bn GBV in 2023 –1H26) have lowered portfolio vintage ; further disposals are planned for 2H26 at a moderate pace

15Interest income and cost of funding evolution Average gross interest income* Cost of funding •1H26 benefited from cost of funding reduction measures

* Interest income excludes Npl Business, Non Core and Treasury.

** Includes certain non -recurring items related to a single large clientsCommercial banking interest income (excluding Npl Business, Non Core and Treasury) and interest expenses

1Q253.5%5.3%

1.8%•Base rate QoQ : ca +20bps •Aggregate interest income QoQ : ca +20bps •Aggregate cost of funding QoQ : stable •Net effect QoQ : ca +20bps 2.6%Base rate, Euribor 3M

2Q253.3%4.9%

1.6%

2.0%

3Q253.2%4.8%

1.6%

2.0%3.1%4.7%

1.6%

4Q252.0%3.0%4.6%

1.6%

1Q262.0%3.0%4.8%

1.8%

2Q262.2%

Total quarterly costs steady through significant

efficiency effort

16(5) -43 46 47 27 22 22 34 39 49 2Q25 1Q26 2Q26Operating

costs

Other provisions

Operating costs + other items103 110 118

Exposed to

Inflation

Revenues

related

2107

5 3Non recurring

items(3)103 118

▪Costs directly linked to Npl recovery : in line with previous quarterOther operating costs : €10mln QoQ :

1Q26 benefited from the release of €3mln previously accrued costs that did not materialize The remaining €7mln QoQ change are due to seasonality in proprietary finance business (dividend withholding tax, tobin tax) and higher one-off other expenses ▪Cost of personnel : substantially stable QoQ

17Net customer

loans - €mln Data in € mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Net revenues 41 38 41 40 37 38 Net revenues / avg.

customer loans6.0% 5.7% 6.2% 5.9% 5.6% 5.7% Loan loss provisions* (1) 1 (5) (4) (1) (33)Turnover - €bnFactoring 3.03.4 3.5 3.42.93.4 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26•Banca Ifis has strong focus on profitability : in 2Q26 factoring average spread at 3.4% (on top of base rate), well above market average •Net revenues** / average customer loans at 5.7% •Loan loss provisions include ca. €17mln precautionary provisions following internal reviews and the Bank of Italy onsite inspection *Loan loss provisions include: “Net provisions for unfunded commitments and guarantees”; “Profit (loss) from sale of loans mea sured at amortised cost (excluding Npl Segment)” ** Net revenues include interest income – interest expenses + commissions2,647 2,711 2,585 2,772 2,613 2,756

38%

27%23%

25%32%45%7%3%

Average loans 2025 Revenues 2025Other Small [ < 10 mln] Medium [ < 50 mln] Large [ > 50 mln] 18Factoring – Italian business* Loans and revenues breakdown Market share - 2025 21% 6% Active clients Turnover •Banca Ifis is market leader in terms of number of clients (21% market share vs.6% in terms of turnover) reflecting its strong focus on small tickets and profitability•Medium/large corporate represents ca. 61% of customer loans and ca. 52% of revenues •Other include physical persons, agricultural companies and financial corporates •Management accounting. It includes only factoring distributed by Italian branches. It excludes foreign subsidiaries, factorin g vs. PA, others

19New business - €mln Data in € mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Net revenues 16 16 16 16 16 17 Net revenues / avg customer loans4.1% 4.0% 3.9% 3.8% 3.9% 4.1% Loan loss provisions* (1) (2) - (1) (1) (3)Leasing 81 957098 86 9542515189

42562628

2240

2728

1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Autolease Equipment Technology Net

customer

loans -

€mln•In 2Q26 new business strong •Automotive : Banca Ifis’s strategy (i) premium/luxury segments (not volumes) (ii) price/margin discipline (iii) remarketing agreements in place •Equipment and technology : evidence of some delays in SME capex decisions •Net revenues / average customer loans at 4.1% in 2Q26 •Asset quality risk is mitigated by sector and borrower diversification and by the remarketing agreements for repossessed

assets

*Loan loss provisions include:

“Net provisions for unfunded commitments and guarantees”;

“Profit (loss) from sale of loans measured at amortised cost (excluding Npl Segment)” 2 1 1 2 3

3149

1,603173

1,623144

1,611227

1,673 1,662 155

1,677 179

20Corporate banking & lending Data in € mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Net revenues 33 29 27 29 28 32 Net revenues/avg. exp. 5,0% 4,3% 3,8% 4,0% 3,8% 4,1% Loan loss provisions* (10) (8) (1) (3) (9) (14)•Structured Finance : 30-40 new transactions originated annually, with an average deal size of ca. €12mln and a conservative leverage profile .

Broad sector and geographical diversification •State -Guaranteed Lending : loans benefiting from 80% government guarantees, supporting strong credit quality and downside protection .

Average ticket size of approximately €0.2mln •Capitalfin : high growth consumer lending solutions focused on salary (and pension)

backed loans

•Pharmacy (Banca Credifarma ): loans secured by pharmacies operating in a highly regulated sector, characterized by resilient demand, high barriers to entry, and protection from new

competitors

*Loan loss provisions include: ( i) Net provisions for unfunded commitments and guarantees; (ii) Profit (loss) from sale of loans measured at amortised cost (e xcluding NPL Segment)New business - €mln

8012785152

481795576

8589

100160

4145

3858

3347

5274

6757

4148

1Q25 2Q25 3Q25 4Q25 1Q26 2Q26State guaranteed lending

Pharmacy

Capitalfin

Structured Finance227 322 275 355 222 433 Net customer loans - €mln Data in € mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Lending 761 761 766 752 735 710 Pharmacy (B. Credifarma ) 749 760 749 775 773 793 Capitalfin 198 251 309 368 434 536 Structured Finance 774 827 809 875 882 966 Total net customer loans 2.482 2.600 2.633 2.771 2.824 3.004

21No signs of widespread macro credit risks materializing in Banca Ifis’s commercial business Payment days in factoring Ratings migration in credit book** Probability of default*** Source: management accounting *Data refers to €5.8bn customer loans as at 2Q26. Excludes loans at FV, securities, loans vs. banks and others ** Data refer only to exposures to rated corporate (ca. €4.4bn) *** Data refer to €4.8bn exposures in factoring and leasingStage 1 and stage 2 loans* Coverage Stage 1: 0.5% Coverage Stage 2: 2.4% 2,9%2,9% 2,9% 2,9%2,8%2,9%2,8%3,1% 3,1%3,2%

1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q269% 10% 9% 9% 7% 8% 9% 8% 8% 7%91% 90% 90% 91% 93% 92% 91% 92% 92% 93%

1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Stage 2 Stage 1 Pick up in MCC lending PoD 7776 7679

757677

747374

1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

22

Appendices3

233.1 Banca Ifis stand -alone – Financial results Index

Commercial & Corporate banking Data in € mln Npl Factoring LeasingCorp. Banking & LendingTot. Commercial

& Corporate

banking Non core &

G&SConsolidated

ex-Group Ifis

results

Net interest income 43 24 14 17 54 3 100 Net commission income (1) 15 3 9 27 (1) 25 Trading & other revenues 6 (0) 0 6 6 19 31 Net revenues 48 38 17 32 87 21 155 -Of which PPA - - - - - - -

Loan loss provisions - (33) (3) (14) (49) (2) (51) Operating costs (45) (30) (11) (15) (55) (18) (118) Charges related to the banking systems- - - - - - -

Net allocations to provisions for risk and charges- (2) - - (3) - (2) Non recurring items - - - - - 3 3 Profit (loss) from investments - - - - - - -

Gains (Losses) on disposal of investments- - - - - - 0 Net income 2 (17) 2 2 (12) 2 (9) Net income attributable to non -

controlling interests(0)

Net income attributable to the

Parent company(9)

Net income (%) (18)% 194% (24)% (24)% 146% (28)% 100% Customer Loans 1,581 2,756 1,677 3,004 7,437 2,716 11,734

RWA 11,781 2,658 1,285 2,388 6,331 1,237 9,349

Allocated capital 2239 356 172 320 848 166 1,2522Q26 Results: P&L break -down by business unit 3Of which €17mln following Bank of Italy inspection Of which €12mln following Bank of Italy inspection Breakdown of customer loans in Non Core & G&S oG&S : includes €2.1bn of Government bonds at

amortized costs

oNon Core : includes €0.01bn of performing loans mainly ex Interbanca , €0.1bn retail mortgages and €0.03bn of Npl (former Interbanca + Banca Ifis) 24 1 (1) RWA Credit and counterparty risk only. It excludes RWA from operating, market risks and CVA (~€1bn) and illimity contribution (2) RWA (Credit and counterparty risk only without illimity contribution) 1 2 2 3

958695

2Q25 1Q26 2Q26

786984

2Q25 1Q26 2Q26

25Commercial activity focused on profitability Factoring turnover (€bn) stable YoYNew leasing: equipment and technology (€ mln)

+7% YoY

Market +10%

Market +3%

•Factoring : factoring turnover development roughly in line with the market . Banca Ifis maintained its strong focus on profitability : 2Q26 factoring average spread at 3.39% (on top of base rate*), well above market average •Leasing new business outfperforming the market :

oAutomotive leasing : Banca Ifis’s strategy remains focused on (i) premium/luxury segments (not volumes) (ii) price/margin discipline (iii) underwriting with remarketing agreements in place . Banca Ifis average spread at 3.28% (on top of base rate*) oEquipment and technology leasing : the market was driven by large tickets, above €2.5mln. Banca Ifis maintained its focus on small tickets and margins . In 2Q26, equipment and technology leasing average spread at 3.47% (on top of base rate*)New leasing: automotive

(€mln)

stable YoY

Market +5%

*Euribor 3M (variable rates) or IRS (fixed rates) 3.42.93.4

2Q25 1Q26 2Q26

Npls disposals and others in 2Q26: €1.1bn GBV* •The disposals of “tails” generated capital gains . “Others” includes cash collection on the existing portfolio 26*Source: management accounting data.

**Does not include customer loans related to Ifis Npl Servicing third parties servicing activities, debt securities and loans disbursed. Key numbers* •1.6mln tickets, #1.1mln borrowers •Extensive portfolio diversification by location, type and age of

borrower

Npls acquired in 2Q26: €0.4bn GBV •Banca Ifis concentrated on streamlining recovery activity on the existing stocks with more focus on extrajudicial activity and on the disposal of tail portfoliosGBV €bnNBV** €mln1,522 1,538 Npl portfolio evolution Npl Business*: portfolio evolution

Purchases

Disposals and others16.8 0.4 (1.1) 16.2

1Q26 PurchasesDisposals

and others2Q26

27ERC: €2.5bn

ERC breakdownERC assumptions •ERC based on proprietary statistical models built using internal historical data series and homogeneous clusters of

borrowers

oType of borrower, location, age, amount due, employment

status

oTime frame of recovery oProbability of decay •ERC represents Banca Ifis’s expectation in terms of gross cash recovery . Internal and external costs of positions in non-

judicial payment plans (GBV of €0.6bn in 2Q26), court injunctions [“precetto ”] issued and order of assignments (GBV of €2.1bn in 2Q26) have already been expensed in P&L •€3.7bn cash recovery (including proceeds from disposals) was generated in the years 2014 –2Q26

* Source : management accounting data and risk management data . 2.5Npl Business*: ERC Up to 5Y >5Y Total1.3 1.3 2.5 Data in €bn GBV NBV ERC Waiting for workout - At cost 0.4 0.1 -

Extrajudicial positions 7.5 0.5 0.8 Judicial positions 8.3 0.9 1.7 Total 16.2 1.5 2.5

Actual cash repayments Model cash repayments929 942 987 998 1020 1049

1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Order of AssignmentsJudicial recovery Judicial recovery (€ mln) GBV % Frozen 1,227 15% Court injunctions [“ precetto ”] and foreclosures 1,007 12% Order of assignments 1,049 13% Secured and Corporate 4,975 60% Total 8,258 100%To be processed Judicial recovery – Order of Assignments GBV, data in € mlnNon judicial recovery – Voluntary plans GBV, data in € mln Actual vs. model cash repayments Judicial + non judicial recovery, data in € mln *Source : management accounting data . 28Npl Business*: GBV and cash recovery 603 565 550 564 597 594

1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Non-judicial payment plansIn 2Q26 cash collections in secured and corporate were affected by longer auction timelines and

state guarantees

enforcement delays

29GBV - €mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Waiting for workout - Positions at cost 324 563 453 498 341 390 Extrajudicial positions 10,862 10,369 9,202 8,872 8,216 7,533

- Ongoing attempt at recovery 10,259 9,804 8,652 8,308 7,618 6,939

- Non-judicial payment plans 603 565 550 564 597 594 Judicial positions 8,869 8,058 8,627 8,449 8,292 8,258

- Freezed ** 2,577 2,173 1,410 1,372 1,309 1,227

- Court injunctions [“ precetto ”] issued and foreclosures 1,311 1,191 1,191 1,089 1,076 1,007

- Order of assignments 929 942 987 998 1,020 1,049

- Secured and Corporate 4,052 3,752 5,039 4,990 4,886 4,975 Total 20,054 18,990 18,282 17,819 16,849 16,181

NBV - €mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Waiting for workout - Positions at cost 42 107 120 139 100 113 Extrajudicial positions 508 479 457 479 499 492

- Ongoing attempt at recovery 197 185 171 184 182 171

- Non-judicial payment plans 311 294 286 295 316 322 Judicial positions 957 948 949 931 923 933

- Freezed ** 142 141 139 139 147 152

- Court injunctions [“ precetto ”] issued and foreclosures 270 257 245 236 221 208

- Order of assignments 389 397 404 399 400 405

- Secured and Corporate 157 153 162 156 155 169 Total 1,507 1,534 1,525 1,549 1,522 1,538 Npl Business*: GBV and NBV evolution *Source: management accounting data.

**Other Judicial positions ***Does not include customer loans related to Ifis Npl Servicing third parties servicing activities***

30Npl Business*: P&L and cash evolution

P&L - €mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26

Waiting for workout - Positions at cost Extrajudicial positions 31 20 13 42 14 16

- Ongoing attempt at recovery (1) (3) (2) 20 (4) (5)

- Non-judicial payment plans 32 23 15 22 18 21 Judicial positions 55 53 48 46 38 38

- Freezed ** - - - - - -

- Court injunctions and foreclosures + Order of assignments 48 47 41 41 33 32

- Secured and Corporate 8 6 7 5 5 7 Total 86 73 61 88 52 55 Cash - €mln 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Waiting for workout - Positions at cost Extrajudicial positions 52 49 45 50 48 46

- Ongoing attempt at recovery 5 4 4 3 2 3

- Non-judicial payment plans 48 45 41 47 46 43 Judicial positions 48 46 49 53 50 48

- Freezed ** - - - - - -

- Court injunctions and foreclosures + Order of assignments 40 38 39 42 42 39

- Secured and Corporate 9 8 10 11 9 9 Total 101 95 94 103 98 94 *Source: management accounting data.

**Other Judicial positions

31Npl Business*: portfolio diversification Breakdown of GBV by type Breakdown of GBV by borrower age Breakdown of GBV by ticket size Breakdown of GBV by region

North

38.3%

Center

26.5 %South & Island

35.1 %

Other and abroad

0.1%

*Source: management accounting data and risk management data.

(i.e. data refer only to property portfolio)Consumer 29%

Banking

67%Other

4%18-39

6%

40-49

19%

50-59

30%>60

45% 5k

10% from 5k to 20k 28% from 20k to 100k 34%> 100k 28%

1,592 1,564 1,5812,772 2,613 2,7561,6731,662 1,6772,771 2,8243,0042,282 2,822 2,716

4Q25 1Q26 2Q26

Npl Factoring

Leasing Corp. Banking & Lending Non Core & G&S•2Q26 customer loans at €11,734mln, +€249mln QoQ mainly due Corp . Banking & Lending (+€180mln QoQ) •Banca Ifis maintained disciplined in pricing and

underwritingCustomer loans

Customer loans (€ mln) Commercial and Corporate banking3211,090

7,217 11,485

7,099 11,734

7,437

6,269 6,283 6,4271,910 2,296 2,338953 907 1,029 500 - 400 2,791 2,8322,625

4Q25 1Q26 2Q26

Customer deposits Bonds Securitization MRO OtherFunding Funding (€ mln)

334Q25 1Q26 2Q26

LCR >700% >700% >550%

NSFR >100% >100% >100%•Customer deposits stable +€144mln QoQ •Securitizations : €1,029mln factoring •In Jan 2026 , Banca Ifis issued a €400 million 10-year Tier 2 bond, with a 4.55% coupon . This issuance strengthens the bank's regulatory capital, marking its lowest -ever spread for a Tier 2 bond •Average cost of funding at 3.0% in 2Q26 •New MREL requirement effective from 31st March 2026 set at 13.13% of TREA (including the CBR under Article 128 CRD) and set at 4.67% of LRE, fully met through CET1 capital and broadly unchanged compared with the previous requirement12,423 12,318 12,819

Other adm. expenses and other income / expenses (€ mln)Reclassified consolidated operating costs* Operating costs (€ mln) 34Personnel expenses (€ mln)

Group Banca

Ifis employees103 103 106 107 118

2Q25 3Q25 4Q25 1Q26 2Q26

43 45 47 46 47

2Q25 3Q25 4Q25 1Q26 2Q2661 58 59 6171

2Q25 3Q25 4Q25 1Q26 2Q26

*Figures exclude “Net allocations to provisions for risks and charges” and non recurring items2,043 2,039 2,023 2,022 2,0302Q26 operating costs (+€11mln QoQ) •HR costs substantially stable QoQ •Other administrative expenses +€10mln QoQ :

o1Q26 benefited from the release of €3mln previously accrued costs that did not materialize oThe remaining €7mln are due to seasonality in proprietary finance business (dividend withholding tax, tobin tax) and higher one-off other

expenses

35Proprietary portfolio: strong contribution to P&L •Mid duration level •Low volatility accounting treatment : FVTPL < 1% •Low RWA density and relevant funding eligibility (govies weight at around 81% of total assets in 1H26) •Stable contribution from recurrent revenues (i.e. fixed income and dividends) and opportunistic contribution from trading activity Proprietary Finance strategic

priorities :

•Expected increase in dividends within a low level of equity exposure •Opportunistic increase in proprietary portfolio size and modified duration, through strategical use of HTC (~71% of total assets

in 1H26)

(*) Evaluation HTC: amortized cost; Evaluation HTCS & HFT/Funds/Other FVTPL: market value; Hedge Accounting Strategies are ex cluded; 1mln eur in Municipal bonds accounted in HTC; cut off (30/06/2026) 1H26 Proprietary Finance revenues at around €81mln, +€14mln (+21%) vs 1H25 of which €45mln in 2Q26 (vs €36mln in 1Q26) 1H26: €46mln interest income (~57% of proprietary portfolio revenues, +€6mln vs 1H25) €35mln trading and other income (+€8mln vs 1H25) of which €22mln dividends Active management of bond portfolio via hedge accounting strategies in the last months lowers the actual modified duration to ~2,65y.

Government Financial Corporate Held to collect/amortized cost 2.112 445 46 2.603 Held to collect and sell (FVOCI) 841 20 1 189 1.051 Total (HTC and HTC&S) 2.952 465 48 189 3.654 Held for trading/Funds/Other FVTPL 10 Total portfolio 2.952 465 48 189 3.664 Percentage of total 81% 13% 1% 5% 100% Held to collect/amortized cost Modified Duration 3,9 2,8 2,6 NA 3,7 Held to collect and sell (FVOCI) Modified Duration 6,7 4,9 2,0 NA 6,6 FVTPL Modified Duration 0,3 0,3 Average Modified duration - YEARS 4,7 2,9 2,6 NA 4,4Type of asset - Data in €mln as at end of quarter (*)BondsEquity Total

363.2 Banca Ifis stand -alone - Company overviewIndex

37A Family Bank challenger, but with 40 years track record ►Investor and servicer specialized in small ticket NPEs , with a distinctive vertically integrated business model ►Execution track record with originators, investors, and other servicers , supported by pricing capabilities and proprietary

debtors' database

►Proven collection strategy with distinctive skip tracing1 capabilities and internal "legal factory" team►Specialised player for SMEs, with a broad range of credit products (factoring, lending, leasing, and rental) ►Market leader in profitable businesses (e.g., SME factoring, Tech Rental, Pharmacies) ►"Light" commercial network (without cash services) rooted in the most industrialized areas of the country ►Customer interaction based on a high -performance service model and a reputation for efficiency

~100 k

active enterprise

clients75% ~2 mln

debtors’

records€1.5bln

net book

value6.0

years for

cash -to-cash

2x Flexible capital allocationKnow -how in small tickets valuation and managementShort -term maturity of all asset classesProven capabilities in risk management and creditCommercial and Corporate Banking Npl

~€7 bln

customer

loans

of credit portfolio with <1 -year

maturity

1. Process to find debtors

38Stable shareholdering structure and governance •Fürstenberg Scogliera Holding SA provides, as main shareholder, continuity and stability to Banca Ifis •Strategic ESG focus both in specific positioning initiatives and in core operations (AAA MSCI rating) oLong term value creation with a strategy focused on creating continuous adequate earnings, self funding superior growth and delivering attractive and steady dividends oForefront in business and digital innovation oPrudent attitude towards risks but able seize industrial opportunities when they arise (i.e. acquisition of illimity , Interbanca and Revalea ) •Fürstenberg Scogliera Holding SA does not own any material assets other than Banca IfisFürstenberg Scogliera Holding SA Holding

(Fürstenberg Family)

Banca Ifis S.p.A.45% Free float: 55% *Includes private banking, long only funds, hedge funds (limited presence), retails, index linked funds

Only ca. 10%-15% of Banca Ifis’s loan book is direct, unmitigated medium/term lending to enterprises . In this loan book, leverage and concentration risks are kept low and are strongly reserved against Customer loansOthersBanca Ifis’s superior risk-return trade -off (1/3) 39

11.7

2.8 0.6

1.7 1.6

2.1 0.8

1.0 Turnover 4 times per year ; client/debtor double risk assessment ; rapidly adapting sector exposure 80% state guaranteed >80% in rating classes 1 -5 Marketable assets ; zero real estate and nautical . 70% of exposure with remarketing contracts in place (with defined prices)

Structured

financeFactoring Medium

term lendingLeasing &

rentalGovernment

bondsNpls Loans to pharmaciesSecured against the pharmacies in a regulated sector, protected from competitors Ticket size €12mln Leverage 3x EBITDA Commercial real estate risk not material Average ticket size €12k Cash collection >120% of recognized revenues in the past 2Y;

Model collections outperformed for >5Y

Data in

€ bn

1.2

2.8 1.4

0.2 0.6

0.8 1.0

1.6 2.1

1.2 40Banca Ifis’s superior risk-return trade -off (2/3) Average Duration in Y

Factoring€ bn

€350k*

Leasing

€55k auto €60k equipment

€12mln

€12k

€0.4bn financial bonds portfolio 5Y €0.1bn retail mortgagesAverage ticket size *Excluding factoring to PA, taxed incentives (“superbonus 110%”) and VAT

creditRental

Medium term lending Loans to pharmacies

Structured finance

Npls

Government bonds€6k

€190k (MCC €120k; Sace €1200 k)

Other

€410k2.0

1.4 2.5

7.8 4.0

4.0 3.5

- 0.20*

Customer loans: >70% of Banca Ifis’s customer loan book has a duration shorter than 3YGovernment bonds classified as HTC

41Banca Ifis’s superior risk-return trade -off (3/3)* 3,997 3,904185 175 898 953 1,204 1,395

1Q26 2Q266,283 6,427

Rendimax deposits: 81% protected by FITD

Below €100K

81%Above

€100K

19%Very limited corporate depositsCustomer deposit breakdown Rendimax – Italian retail depositsGerman retail depositsCorporate depositsOther deposits** Rendimax: stability of deposit base

Sight

deposits ;

13% C. 30 days notice ; 6%Time

deposits;

81%*Source: management accounting data ** Other deposits include Euronext Clearing (€664mln) , B.Credifarma retail deposits (€228mln in 2Q26)Retail

73%Corporate

27%

MSCI upgraded Banca Ifis’s ESG rating to AAA Strong ESG commitment reflected in the ESG rating: Banca Ifis’s upgraded to AAA from AA on 29 March 2025 •Banca Ifis’s Overall Industry Adjusted Score was 7.0 compared to industry average of 5.1

Dimensions WeightIndustry

averageBanca Ifis

Score

Financing

environmental impact15% 4.0 6.8

Human Capital

Development31% 3.7 8.4

Corporate

governance

54%6.5 6.9

Corporate behaviour 5.9 6.4 Banca Ifis’s controlling shareholder’s integrated approach to sustainability (on E, S and G elements) in the conduct of the Bank is bearing fruits 42

Our ESG achievements 43

Financed

Emissions

Approximately 80% of exposures and financed emissions, focused on Automotive sectorReporting

and transparency

Climate reporting aligned with the recommendations of the Task force on Climate -

related Financial Disclosures

Projects and

partnerships

More than 50 projects financed through the Social Impact Lab Kaleidos . €1mln donated to Italian Food Bank, equal to 10 million meals distributedImpact

measurement

Launch of a “ social impact measurement ” model developed with Triadi – Polytechnic University of Milan spin -off. Average multiplier of ~5,2 for Kaleidos ’ projects

Diversity

and inclusion

First Italian bank certified by the Winning Women Institute , obtained UNI PdR 125 certification on diversity and inclusionSustainability

Committee

The President of the Group chairs the Scenarios and Sustainability Committee , which further strengthen the Group’s oversight of sustainability issues.

Our ESG goals 44Environmental Social Governance Further strengthen inclusion and diversity (nationality/heritage as well as gender) and empower the sustainability governance through chairmanship President Ernesto Fürstenberg FassioGovernance ESG Invest in the growth and development of a young and dynamic workforce with training inclusion programs; smart working and flexible work hoursIfis PeopleSME clients’ environmental

transition

Support SME clients’ sustainable transition via subsidized loans, advisory, and scoring service ( even with other

partners )

ESG Assessment

Obtained AAA rating grade from MSCI .

Management committed to improve the rating level already obtained in the course of the planSet the market benchmark in supporting the financial recovery of debtors : ethical collection model, support to fragile familiesSocial bankingSocial Impact Lab Manage projects to foster diversity and social inclusion in a dedicated Social Impact Lab focused on Culture, Community,

and Wellbeing

453.3 illimity - Company overviewIndex

46A restructuring story with a profitable Corporate Banking

business

►Run-off of NPL portfolio and other non-core assets through tailor made recovery strategy and selective disposals ►Run-off of b-ilty by stopping new originations while addressing asset quality deterioration through strengthening of early detection ►Significant stock reduction within 4 years with progressive free up of capital to reinvest in core business growth►Corporate banking for SMEs, with a broad range of credit products (factoring, structured finance, acquisition finance,

turnaround financing)

►Specialization and tailor -made solutions in profitable businesses leveraging on value added products and services ►Open digital banking platform (illimitybank .com) with complete user experience

~€2.3bn

Customer Loans€2.8 bn€1.6 bn net book value in

run-off

Know -how in high profitable market segmentsShort -term maturity of all asset classesAdvanced digital banking platform Corporate Banking (core business) Non-core business (~90k retail customers)

on-line platform

illimitybank.com

100%

b-ilty loans assisted by 80% public

guarantees

SMEs focus90%

of credit portfolio with <4 -year

maturity>80 %

of non -core assets

portfolio with

≤ 4-year maturity

illimity total assets and liabilities Liabilities (€ mln) Assets (€ mln)

338109313

1,978

3,726

1Q26314108312

1,968

3,582

2Q266,4656,283

Other and Tangible/Intangible assets

Tax Assets

Cash

Other Financial assets Customer loans583 512579 565249

1Q26179

2Q266,4656,283

1,041

4,0131,076

3,950Other liabilities

Shareholders Equity

Other funding

Bonds

Customer fundingTotal Funding 1 2 Notes : 1Q26 and 2Q26 represents the contribution to Banca Ifis B/S: 1) 2Q26 Includes : Investments in associates and companies subject to joint control (48% stake in AltermAInd amounted to €31mln), Intangible assets (€7mln, software and licences ) and Tangible assets (€49mln, real estate assets repossessed) . 2) This aggregate includes : Financial assets HTC all government bonds held in the bank’s proprietary portfolio (€1,041mln) ; Financial Assets HTCS (€278mln government bonds, €156mln corporate bonds) ; Financial assets FVTPL (€304mln fund units non-core, €177mln financial instruments held by core business divisions ; €11mln financial assets held for trading . 3) Includes mainly : Financial liabilities held for trading (€17mln hedging derivatives), other debts (€99mln suppliers and tax payables) risk and charges fund (€17mln) lease liabilities (€19mln) . 4) Includes : Interbank funding (€346mln) and Repo (€730mln) .43

475,637

(Retail and

Corporate)5,538

48>80% of illimity’s customer loan book has a duration shorter than 4Y

Structured finance

~ €6mln

Factoring

Turnaround

Investment banking

Asset based financing 0.7 0.5 0.6 0.2 0.2 0.3 0.5 0.1

0.7Customer Loans/

Assets at FVAvg. Residual Maturity

(years)

4 3 2 7 3 3 4<1 ~ €2mln

~ €8mln

~ €350k 2

~ €6mln

n.s ~ €200kSpecial lending in the context of M&A, capex, shareholders reorganization, PE investments Short term supply chain financing New senior financing or acquisition of exiting loans to SMEs in financial stress Securitization against commercial loans,

inventories, capex

Real Estate financing/refinancing, acquisition and recovery of secured UTPs and NPLs Stake in Olympus and other funds (secured NPLs conferred by illimity and other banks) Senior notes with underlying public procurement claims and NPLs portfolios Renewable energy NPLs, secured NPLs Loans 80% guaranteed by the State originated by b-ilty (digital lending platform) through brokersNon-Core NPL funds (assets at FVTPL) Non-Core NPL - Other Non-core b -iltyNon-Core senior notes

Non-Core Assets

Notes: Average maturity and average size as of 31.03.2026; 1) Based on # borrowers and either exposures or ERC (for senior n otes). 2) Avg. ticket of the underlying loansAvg. Exposure1

~ €100kn.s

~ €20mln

(Portfolio of claims)

~ €45k

(NPL portfolios)~

~ ~ ~ ~ ~ ~

illimity’s loan book coverage boosted by public guarantees

and insurances

Customer

loansStructured

FinanceFactoring Turnaround0.2

Investment

Banking0.2

Asset Based

FinancingNon-Core

AssetsNon-Core b -ilty3.6 0.7 0.5 0.6 0.6 0.7~ 1/3 of loans with 80%

public guarantees

~ 2/3 of loans covered by credit insurance 100% of loans with 80% public

guarantees

Most NPL portfolios are

secured

Notes: 1) Non -core NPL investments (fund units) classified in the B/S item: “Financial assets at FVTPL”.

1Net Customer

Loans, Data in € bn CIB business €2.3bn (€0.8bn assisted by public guarantees or insured)

(Digital lending)

Non-core €1.6bn

(€0.7bn assisted by public guarantees0.3 ~ 1/3 of loans with 80% public guaranteesMainly senior notes with underlying commercial loans

Real Estate

collateral

Significant derisking activity carried out on illimity’s assets

Total Write

offs & non -

recurring

charges110.6

134.4

7.1

LLPs

Non-Core

Business5.2

44.5

10.8

LLPs

B-ilty6.423.23.1

LLPs

CIB59.1

54.0

Non-Recurring

charges477.8 252.1

60.5

32.7

132.5€mln

1 2 3 50 4Booked in 4Q24 Booked in FY25 Booked in 1H26Write offs* and non -recurring chargesTotal write offs at €478mln booked from 4Q24 to 1H26 mainly driven by the NPL portfolio, b-ilty and non-core

subsidiaries

•-€252mln NPL (non -core) due to the revision of the recovery timeframe and the expected cash collections o-€102mln related to public claims o-€17mln related to notes underlying secured NPL o-€133mln related to residual investments in NPLs •-€61mln b-ilty (non -core) due to the increase in default ratio . 100% of the positions are assisted by public guarantees covering on avg. 80% of the

exposure

•-€33mln Corporate and Investment banking (core) standard write offs concentrated on a few exposures as part of the business going concern •-€133mln write offs related to IT platform (-€36mln), Abilio/ Quimmo (-€32mln), BIP (-€24mln), Altermaind (-26€mln), Arecneprix (-14€mln) 2 3 1 4

* Pre PPA effect

Funding synergies from refinancing exiting maturities Total funding (€ mln) 2.930 2.864748 731335 355583 5121.041 1.076 1Q26 2Q265,637 5,538Focus on Retail term deposits maturities

25547194174

3Q26 4Q26349645Retail -Germany (Raisin) Retail -Italy Funding synergies from refinancing existing

maturities

51Notes: 1Q26 and 2Q26 represents the contribution to Banca Ifis B/S ; 2Q26: 1) Includes: Interbank funding (€346mln) and Repo (€730mln); 2) Includes bonds issued outstanding (nominal value) :

€300mln senior preferred with maturity in May 2027; €200mln Tier2 with call date in July 2026

3.1%

4.5%Retail

3,678

Cost of

funding

3.3%

3.6%Other Institutional funding

Bonds

Coporate

Retail -Germany (Raisin)

Retail -Italy1

2

•This Presentation may contain written and oral “forward -looking statements”, which includes all statements that do not relate solely to historical or current facts and which are therefore inherently uncertain . All forward -looking statements rely on a number of assumptions, expectations, projections and provisional data concerning future events and are subject to a number of uncertainties and other factors, many of which are outside the control of Banca Ifis (the “Company”) .

There are a variety of factors that may cause actual results and performance to be materially different from the explicit or implicit contents of any forward -looking statements and thus such forward -looking statements are not a reliable indicator of future performance . The Company undertakes no obligation to publicly update or revise any forward -looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable law.

The information and opinions contained in this Presentation are provided as at the date hereof and are subject to change without notice . Neither this Presentation nor any part of it nor the fact of its distribution may form the basis of, or be relied on or in connection with, any contract or investment decision .

•The information, statements and opinions contained in this Presentation are for information purposes only and do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an offer to purchase or subscribe for securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments . None of the securities referred to herein have been, or will be, registered under the U.S. Securities Act of 1933 , as amended, or the securities laws of any state or other jurisdiction of the United States or in Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would be unlawful (the “Other Countries”), and there will be no public offer of any such securities in the United States . This Presentation does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or the Other Countries .

•Data regarding macroeconomic scenario, Market, PPA, asset quality ratios, cost income ratios, liquidity ratios, cost of funding, proprietary portfolio, segment reporting, business unit breakdown, commercial and corporate loan breakdown are management accounting . Data regarding Npl portfolio and ERC, Npl cash recovery and Npl P&L contribution, Npl GBV and NBV evolution and breakdown, Npl P&L and cash evolution and breakdown are management accounting .

•Massimo Luigi Zanaboni, Manager charged with preparing the financial reports of Banca Ifis S.p.A., pursuant to the provisions of Art. 154 bis, paragraph 2 of Italian Legislative Decree no.58 dated 24 February 1998 , declares that the accounting information included into this document corresponds to the related books and accounting records .

•Neither the Company nor any member of Banca Ifis nor any of its or their respective representatives directors or employees accept any liability whatsoever in connection with this Presentation or any of its contents or in relation to any loss arising from its use or from any reliance placed upon it.Disclaimer 52