Siena, 2 April 2020 - Banca Monte Paschi di Siena ('BMPS') announces that DBRS Ratings GmbH has confirmed all ratings assigned to BMPS (Long-Term Issuer Rating 'B (high)', Long-Term Senior Debt 'B (high)', Long-Term Deposits 'BB (low)'), changing the long-term outlook to 'negative' (from 'stable') due to the deterioration of the global
economic and market environment caused by the COVID-19 pandemic.

The full version of the press release can be viewed on the rating agency's website (www.dbrsmorningstar.com).

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Banca Monte dei Paschi di Siena S.p.A. published this content on 02 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 April 2020 19:42:00 UTC