PRESS RELEASE

MPS GROUP FINALISES THE SALE OF THE

MAJORITY OF THE REAL ESTATE ASSETS INCLUDED IN THE ARDIAN DEAL

Siena, 30 November 2020 - MPS Group has completed today the sale of most of the properties included in the portfolio of assets to be sold to Ardian, as announced to the market on 1 July 2020 (the "Ardian Portfolio").

Today's closing - which is part of the commitments undertaken with the European Commission in the context of the 2017-2021 Restructuring Plan - will have a positive impact of approximately 10 bps on the Bank's CET1 ratio with respect to the level recorded on the 30 September 2020.

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The Bank has been assisted by Duff&Phelps, the law firm Legance, the tax law firm FRM and by the associated law firm Negri-Clementi.

This press release will be available at www.gruppomps.it

For further information:

Banca Monte dei Paschi di Siena

Media Relations

Investor Relations

Tel. +39 0577 296634

Tel: +39 0577 299350

ufficio.stampa@mps.it

investor.relations@mps.it

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Banca Monte dei Paschi di Siena S.p.A. published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 20:48:03 UTC