Results at 31 March 2025

• Net profit: €110.3 million (recurring net profit1 €87.0 million)
• Total assets: €103.9 billion (AUI at €69.1 billion)
• April net inflows: €612 million (€2.1 billion YTD)

Public Voluntary Exchange Offer launched by Mediobanca

• Board of Directors’ advisors appointed
• Independent advisors soon to be appointed by the
• Internal Audit and Risk Committee
• CEO tasked with thoroughly analysing the industrial
• aspects of the Offer

Milan, 9 May 2025 - The Board of Directors of Banca Generali approved the consolidated results at 31 March 2025.

Chief Executive Officer and General Manager Gian Maria Mossa stated: “This quarter’s solid growth confirms our close attention to clients and our active role in protecting portfolios also at times of higher volatility. The market uncertainty and economic pressures of recent months have not undermined the Bank’s ability to grow in terms of recurring items, as shown by its business expansion and net inflows volumes, which remained strong in April as well.
As regards the Public Voluntary Exchange Offer received from Mediobanca, we remain focused on our priorities, namely protecting and enhancing the value of our clients’ assets and investments. The extraordinary results we have achieved over the years stem from the dedication, professionalism and expertise of our Financial Advisors, who are our most important asset. Our business is made up of all the people who have contributed to making Banca Generali unique, and who are the starting point for any transaction involving the Bank. Lastly, let me reiterate that we attach utmost importance to representing the interests of all our shareholders, who over the years have placed their trust in the Bank and in its management team.”