Banco BPM S p A : 2 Gennaio 2023 - Non price sensitiveCONSULTATION AGREEMENT AMONG SHAREHOLDERS OF BANCO BPM S.P.A.

CONSULTATION AGREEMENT AMONG SHAREHOLDERS OF BANCO BPM S.P.A.

Update of the essential information pertaining to the Consultation Agreement pursuant to article

122 of the Italian Legislative Decree 58/98 and of article 129 of the CONSOB Regulation no.

11971 of 14 May 1999

Milan, 02 January 2023 - Further to the press release of 20 October 2022, Banco BPM announces that the essential information prepared pursuant to Article 130 of the Consob Regulation 11971/1999 ("Issuers' Regulations") relating to the "Consultation Agreement among Shareholders of Banco BPM S.p.A." stipulated on 21 December 2020 (the "Agreement") has been updated as of 31 December 2022 for the sole purpose of taking into account the intervening changes in the number of Banco BPM shares held by the parties to the Agreement.

For further information, please refer to the essential information on the Agreement, the update of which is published, within the terms required by law, on Banco BPM's website at www.gruppo.bancobpm.it, "Investor Relations" section.

Contacts:
Investor Relations	Communication	Press Office
Roberto Peronaglio	Matteo Cidda	Monica Provini
+39 02.94.77.2108	+39 02.77.00.7438	+39 02.77.00.3515
[e-mail]	[e-mail]	[e-mail]

Consultation Agreement among shareholders of Banco BPM S.p.A.

Abstract pursuant to article 122 of the Italian Legislative Decree 58/98 and of the CONSOB regulation no. 11971 of 14 May 1999 and following amendments

With reference to the Consultation Agreement among shareholders of Banco BPM S.p.A. stipulated on 21 December 2020 and subsequently amended on 20 July 2021 and on 18 October 2022, pursuant to Article 131 of the CONSOB Regulation no. 11971 of 14 May 1999 and following amendments, the shareholders who have adhered to this Agreement as of 31 December 2022, are listed below:

Signatories	No. Shares	as a % of total shares	as a % of share capital
Fondazione CRT	27,273,813	21.73%	1.8%
Fondazione Cassa di Risparmio di Lucca	18,790,399	14.97%	1.240%
Fondazione Cassa di Risparmio di Trento e Rovereto	419,461	0.33%	0.028%
Fondazione Cassa di Risparmio di Alessandria	7,575,740	6.04%	0.50%
Fondazione ENPAM	29,477,919	23.49%	1.95%
Fondazione Cassa di Risparmio di Carpi	1,529,547	1.22%	0.101%
Fondazione Cassa di Risparmio di Reggio Emilia Pietro	444,454	0.35%	0.0293%
Manodori
Inarcassa - Cassa Nazionale di Previdenza ed Assistenza	14,796,374	11.79%	0.9765%
per gli Ingegneri ed Architetti Liberi Professionisti
Cassa Nazionale di Previdenza e Assistenza Forense	25,200,000	20.08%	1.66%
Total	125,507,707	100%	8.2848%

The Consultation Agreement does not provide for either block or voting commitments on the contributed shares and falls under the case indicated in the Article 122, paragraph 5, letter a), of the Legislative Decree 58/98.

Essential information is available to the public at www.gruppo.bancobpm.it, "Investor Relations" section.

Milan, 02 January 2023

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