PRESS RELEASE

BMPS BOARD OF DIRECTORS APPOINTS THE NEW CHIEF AUDIT EXECUTIVE

Siena, 26 April 2021 - At today's meeting, the Board of Directors of Banca Monte dei Paschi di Siena S.p.A. (the "Bank"), after verifying the requirements of integrity and the criteria of correctness and competence pursuant to the Ministerial Decree 169/2020, appointed, with effect from 1 May 2021, Massimiliano Bosio, current Head of the Organization Area, as the new Chief Audit Executive, replacing Pierfrancesco Cocco, who will cease his employment relationship on 30 April 2021.

The Bank thanks Pierfrancesco Cocco for the important contribution provided.

The appointment of Massimiliano Bosio is consistent with the company's policies concerning enhancement and growth of internal professionalism.

This press release is available on www.gruppomps.it

Banca Monte dei Paschi di Siena SpA

Relazioni Media

Investor Relations

Tel: +39 0577 296634

Tel: +39 0577 293038

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 26 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2021 18:24:02 UTC.