Milan, 15 December 2025 - Banca Generali S.p.A. (the “Issuer” or the “Bank”) announces that today it has defined the terms and conditions relating to the issue of senior preferred instruments eligible for MREL purposes (the “Securities”) in the aggregate nominal amount of €100 million (the “Issue”) to be fully subscribed by Assicurazioni Generali through a private placement, for enhanced operational flexibility and efficiency. The Securities will be issued on 22 December 2025.

With reference to the terms of the Issue, the yearly coupon has been set at 3.345% per annum. The Issue has a maturity of 5 years with expiry on 22 December 2030 and may be early redeemed by the Issuer after 4 years from the issue date.

The Issue meets the characteristics required by the current regulatory capital legislation for eligibility for MREL purposes.