€ 150,000,000 Convertible Additional Tier 1 Capital Notes (ISIN: IT0005380263) – Adjustment to the Voluntary Conversion Price

In accordance with the Conditions of the “€ 150,000,000 Convertible Additional Tier 1 Capital Notes” (ISIN: IT0005380263) – issued by BPER Banca on 25 July 2019, as approved by BPER’s Board of Directors on 11 July 2019 on the basis of the mandate granted by the Extraordinary Shareholders’ Meeting of 4 July 2019 – BPER Banca hereby gives notice to Noteholders that, as a result of the Cash Dividend of Euro 0.60 payable to Shareholders of record on 20 May 2025, pursuant to Condition 8.2.1(iii)(a) and effective as of 19 May 2025: