Notice of voluntary early redemption of notes “Euro 300.000.000 Fixed Rate Reset Subordinated Tier 2 Notes due February 2032” issued under the “Euro 5.000.000.000 EMTN Programme” of Banca Popolare di Sondrio S.p.A. - ISIN XS2411537033

Holders of the subordinated notes “Euro 300,000,000 Fixed Rate Reset Subordinated Tier 2 Notes due February 2032” – ISIN XS2411537033 (the “Notes”) are hereby informed that – having received prior authorisation from the competent supervisory authority pursuant to the applicable legislation – BPER Banca S.p.A. intends to redeem the Notes, in full and in advance of their original Maturity Date (i.e., 25 February 2032), on 25 November 2026 (the “Redemption Date”) pursuant to condition 5.4 (Redemption at the option of the lssuer - Issuer Call) of the terms and conditions applicable to the Notes (the “Conditions”).