The IMI Corporate & Investment Banking

Division

March 2021

Agenda

The Intesa Sanpaolo Group

The IMI Corporate & Investment Banking Division

1

Intesa Sanpaolo in brief

Note: Results as at 31 December 2020 including UBI Banca1. At 11 March 2021 2. Excluding UBI Banca 3. Including Net Income 4. €3,505m adjusted net income excluding the items related to the acquisition of UBI Banca (PPA -Purchase Price Allocation and integration charges) and the write-off of goodwill of the Banca dei Territori Division 5. Including bonds 6. Mutual funds; data as at 30.09.2020 7. Data as at 30.09.2020Source: Intesa Sanpaolo website (About us), data as at 11.03.2021.

Rating (updated to the date of this document)

Moody's S&P Global Ratings

Fitch Ratings

DBRS

Long term senior preferred (unsecured)

Baa1 BBB BBB-BBB (high)

Short term P-2 A-2 F3 R-1 (low)

In Italy, Intesa Sanpaolo is the banking group leader with 14.7 million customers and with a market share of 22% in customer deposits and 20.6% in customer loansIntesa Sanpaolo is one of the top banking groups in the Eurozone with a market capitalisation of 41.5 billion euro1.A bank with a sustainable profitability, i.e. balanced between operating performance, productivity, risk profile, liquidity and solidity/leverage

Market shares in Italy

Ranking

Loans 20.6%

22.0%

24.8%

23.5%

Deposits5

Assets Management6

Pension Funds7

Loans to customers

€ 461,572 MDirect deposits from banking business

€ 524,999 M

Market capitalisation1

€ 41.5 Bn

Cost/Income ratio2

52.2%

21.8 million

customers, of which33% abroad

6,314Branches, of which16% abroad

Net Income 20204

€ 3,277 MShareholders’ Equity3

€ 68,871 M

2

1°

1°

1°

1°

Intesa Sanpaolo: the international network

Data as at 11.03.20211. European Regulatory and Public Affairs2. UBI Representative office

Asia

Americas

Direct branches

New York

Representative offices

Washington DC

Subsidiaries

Intesa Sanpaolo Brasil (Brazil)

Direct branches

Abu Dhabi

Doha

Dubai

Hong Kong

Shanghai

Singapore

Tokyo

Representative offices

Beirut

Ho Chi Minh City

Jakarta

Mumbai

Beijing

Seoul

Europe

Direct branches

Frankfurt

Istanbul

London

Madrid

Paris

Warsaw

Representative offices

Brussels1

Moscow

Oceania

Representative offices

Cairo

Morocco2

Subsidiaries

Bank of Alexandria

(Egypt)

Direct branch

Sydney

Africa

Intesa Sanpaolo can boast a strategic international presence with nearly 1,000 branch offices and 7.1 million customers, including

subsidiary banks dealing in commercial banking in 12 Central Eastern European countries, the Middle East and North Africa, and an

international network specialised in supporting corporate customers in 26 countries above all in the Middle East and North Africa, as

well as countries in which Italian companies are most active such as the US, Brazil, Russia, India, and China

Subsidiaries

Intesa Sanpaolo Bank Albania (Albania)

Intesa Sanpaolo Banka Bosna i Hercegovina (Bosnia - Herzegovina)

Privredna Banka Zagreb (Croatia)

Banca Intesa (Russian Federation)

Intesa Sanpaolo Bank Ireland (Ireland)

Fideuram Bank Luxembourg (Luxembourg)

Intesa Sanpaolo Bank Luxembourg (Luxembourg)

Eximbank (Moldova)

Intesa Sanpaolo Bank Luxembourg (Netherlands)

Intesa Sanpaolo Private Bank (Suisse) Morval (United Kingdom)

VUB Banka (Czech Republic)

Intesa Sanpaolo Bank Romania (Romania)

Banca Intesa Beograd (Serbia)

VUB Banka (Slovakia)

Intesa Sanpaolo Bank (Slovenia)

Intesa Sanpaolo Private Bank (Suisse) Morval (Switzerland)

Pravex Bank (Ukraine)

CIB Bank (Hungary)

3

Agenda

The Intesa Sanpaolo Group

The IMI Corporate & Investment Banking Division

4

IMI Corporate & Investment Banking Division:

organisational structure

Human

Resources

Department

Operational

and Financial

Governance

Department

Legal

Advisory

Department

Strategies and

Marketing

Department

IMICorporate &

Investment Banking

Division

Global

Markets &

Investment

Banking

Global Corporate

Department

Financial

Institutions

Department

International

Department

Global

Transaction

Banking

Department

Global Markets

Securities

Department

Finance &

Investments

Department

Global Markets

Solutions &

Financing

Department

Investment

Banking &

Structured

Finance

Department

Financial

Markets

Analytics &

Digital Solutions

5

Specific and innovative solutions for our customers

We manage the domestic and international relationships

with medium and large companies, public authorities and

financial institutions to help them meet all their requirements

related to financial markets and business activities

With dedicated teams we accompany Italian and foreign

Corporate companies and Public Entities along their path of

growth. In addition, in strategic investment banking deals,

the Industry, Territorial Areas and international network

teams make use of support from dedicated specialists with

across-the-board expertise

We are a solid and strategic partner for financial institutions

assisting them according to a specialised, global business

logic and with a dedicated service model that is organised

by customer segment

17,000 Customers

and 25Branches

in Italy

Interna-tional

Department1

Global Corporate2

Global Transaction

Banking

Global Markets & Investment

Banking

Financial Institutions

1. International branches, Representative offices and corporate banks2. Customers with turnover above 350 million euro and grouped together according to a sectorial model in the following 8 business segments: Automotive & Industrials; Basic Materials & Healthcare; Food & Beverage and Distribution; Retail & Luxury; Infrastructure & Real Estate Partners; Public Finance; Energy; Telecom, Media & Technology

Data as at 31.12.2020

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Our experience at the service of our customersWe create long-lasting value for our customers, and for the entire Intesa Sanpaolo Group, through the offer of products and services, including Commercial & Transaction Banking, Capital Markets, Investment Banking & Structured Finance.

Commercial & Transaction Banking

Loans and GuaranteesLease transactionsFactoring and ConfirmingCash ManagementTrade FinanceMerchant Services and CardsSecurities Services

Capital Markets

Markets

EquityFixed IncomeCommoditiesForeign ExchangeInvestment products for distribution

Solutions

Hedging SolutionsEquity Capital MarketsInvestment & Liquidity SolutionsDebt Capital MarketsLoan Management & AdvisoryStructured FinanceLoan SyndicationRisk Transfer & FinancingSecuritisationSolutions & Financing

Investment Banking & Structured Finance

M&A AdvisoryEquity Capital MarketsDebt Capital MarketsStructured Finance

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We provide support for our customers' business operations through 3 different operating platforms:

Market Hub: the integrated solution to access financial market liquidity, best execution and our trading services

Inbiz: the platform for corporate internet banking

Prodotti e Quotazioni: where users can find information about our issues, prices and legal support documentation

The IMI Corporate & Investment Banking International

Network

1. European Regulatory & Public Affairs Office in Brussels is in addition to the Representative Offices.2. Entities operating in the United States should contact Intesa Sanpaolo IMI Securities Corp. directly.

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Hong Kong

New York

London

Dubai

5 Hubs:Dubai - European (Milan) - Hong Kong - London -New York

11 Spoke: Abu Dhabi - Doha - Frankfurt - Istanbul - Madrid - Paris - Shanghai - Sydney - Singapore - Tokyo -Warsaw

4 Corporate Banks: Intesa Sanpaolo Bank Ireland - Intesa Sanpaolo Bank Luxembourg - Intesa Sanpaolo Brasil SA -Banca Intesa Russia

US Broker Dealer2:Intesa Sanpaolo IMI Securities Corp.

9 Representative Offices1:Beijing - Beirut - Ho Chi Minh City - Jakarta -El Cairo - Moscow - Mumbai - Seoul - Washington D.C

IMI Corporate & Investment Banking Division: Results

Revenues

€ Bn

Net Gains

€ Bn

Cost/Income Ratio

%

Loans to customers

€ Bn

RWAs

€ Bn

Staff

Number of employees

1. Source: Intesa Sanpaolo Website2. With regard to the organisational structure, it is noted that in July 2020, following the merger by incorporation of Banca IMI into the Parent Company, the Division took

on the new name of IMI Corporate & Investment Banking3. 1. PRO-FORMA data restated for the merger of Mediocredito Italiano into ISP, the attribution of the ex Capital Light data and some Operating costs from the Corporate

Centre to the pertaining Divisions and to take into account the effects on Operating costs of the Prelios agreement related to UTP servicing

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4.1 4.3

20191 2020

1.8 1.9

202020191

28.0 25.4

202020191

131.9 135.0

2019 2020

99.8 98.0

2019 2020

3,986 3,985

2019 2020

Awards

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Best Foreign Exchange Bank in Italy

Awards 2020 Awards 2019

Deal of the Year

2019

Creator of value as

Best Brokerage

Company for profit

2019

Issuer of the

Year 2019

SRP Europe Awards 2020 Best Distributor, Italy

Global Markets Awards

Milano Finanza AwardsCorporate Bank of the year

Financecommunity Awards

Professional of the Year – DCMTeam of the Year – ECM MTAProfessional of the Year . Corporate LendingTeam of the Year - Energy Finance

In House Community Awards

In House Counsel of the Year –Banks and Finance

Investment Banking & Structured Finance Awards

PFI Awards - Deals of the Year

Europe M&A Deal of the Year

Europe Industrial Deal of the Year

Europe Petrochemicals Deal of the Year

Awards 2020 Awards 2019

Europe Bond Deal of the YearAsia Pacific Transport Deal of the YearAfrican LNG deal of the Year

Global Transaction Banking Awards

Global Finance Awards

Best Sub-Custodian Bank in Italy

The Innovators 2020 - Payments: Integrated B2P Solutions

Best Trade Finance Provider in Italy and Western Europe

World’s Best Digital Bank Awards – Best Trade Finance Services Western Europe

Best Treasury & Cash Management Banks And Providers

Awards 2020 Awards 2019

Greenwich Share Leader Awards

1°in Italy Large Corporate Banking1° in Italy Large Corporate Cash management

Energy Risk Awards 2020Bank Deal of the Year

Global Finance Awards

Best Trade Finance Provider in Italy

Best Sub-Custodian Bank in Italy

Trade Finance and Supply Chain Finance Awards

Best Foreign Exchange

Bank in Italy

PFI Awards - Deals of the YearEurope Bond Deal of the YearAsia Pacific Transport Deal of the YearAfrican LNG deal of the Year

Best Certificate in Participation

Wall Street Italy Special Award

Issuer of the Year

Finance Community Awards

Deals of the Year

Team of the Year Energy & Infra

Legal Community Awards – Finance

Deals of the Year

Deal of the Year Sustainability

Contacts

DISCLAIMER:

This document has been prepared and published by IMI Corporate & Investment Banking, a division belonging

to the Intesa Sanpaolo banking group, and subject to the regulations of the Bank of Italy and Consob.

The information contained in this document is for informational purposes only and does not constitute a search

for investment, or an implicit or explicit suggestion or advice, related to any investment strategy on financial

instruments or issuers mentioned in this document, nor an instigation or invitation, or advice on investment and

does not claim to offer any legal, tax or any other kind of advice. Neither the Intesa Sanpaolo Banking Group,

nor any office, representative or employee of the banking group accepts any liability (for negligence or

otherwise) for any direct or consequential loss resulting from the use of information included, but not limited to

the reliance on any information in this document.

The information in this document relates to the date of this material and may be subject to change without

further notification. The information is based on sources deemed reliable and in good faith, but no statements

or guarantees are made regarding their accuracy or fairness.

This document must not be reproduced or redistributed, directly or indirectly, to any other person or published,

entirely or partially, for any reason, without the prior written consent of IMI Corporate & Investment Banking. The

copyrights and any other intellectual rights relating to the data and information in this document belong to the

Intesa Sanpaolo Banking Group, unless otherwise stated. This data and information cannot be distributed or

reproduced, entirely or partially, in any form and by any means, without the prior written consent of IMI

Corporate & Investment Banking.

Website: imi.intesasanpaolo.comEmail: imi@intesasanpaolo.comcontact BLOOMBERG

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