Illimity Bank S p A : Presentazione risultati illimity 4Q21 e FY21

4Q21 & FY21 Results

11 February 2022

Key highlights

Corrado Passera, CEO

1

-

: operating profit up >100% vs FY20, , corresponding to

to -

with Strategic Plan timetable to deliver our :

- to fully exploit the shift from analogue to digital in the financial services market and materialise into new projects

with multiple closing of first Turnaround fund

Further progress in our Sustainability journey:

for third year in a row, ,

2

-

Data in €mln					19.4	Data in €mln
									18.8					110.6
									14.9
						10.3	12.6						+147%
						9.5					44.8
						4.5	6.8
						2.1
										(12.2)
(5.9)	(5.4)
(6.8)					FY19	FY20	FY21

1Q19 2Q19 3Q19 4Q191Q20 2Q20 3Q20 4Q201Q21 2Q21 3Q21 4Q21

FY21 ROE(1)	CET1 Ratio	Gross Organic
NPE ratio(2)

Total Assets

illimiters

3

Note: (1) Return on average equity; (2) See 'Gross organic NPE ratio' in the Glossary at the end of this document.

-

		Originated Business	(1)		Terms	Advanced
			agreed(2) to
Data in €mln							be signed	pipeline(3)
FY20		%YoY
Customer loans where not otherwise stated
Non accounting figures							Strong momentum in all
	~919	~1,141	+24%	~511	~209	~101	~299 business segments, with
Growth									positive outlook
435	793	+82%	383	~82	~59	~89	confirmed by Jan-2022
Credit Division
origination
Factoring	736	1,179	+60%	495	95			Factoring exceeded
turnover			€1bn in turnover
Distressed	484(4)	348(4)	-28%	128	127	42	210	Business origination
Credit Division	driven by specialisation
Servicing	~9,142	~8,533	-7%	204	0	84	905	Total AUM(6) as of
GBV(5)	31 Dec-2021 €8.5bn
	AUM end of period	AUM end of period

Notes: Non accounting figures; (1) See 'Originated Business' in the Glossary at the end of this document; (2) See 'Terms agreed to be signed' in the Glossary at the end of this document; (3) See 'Advanced pipeline' in the Glossary at the end of this document; (4) It also includes financial instruments, such as quasi-equity instruments which are accounted for in the balance sheet item "20. c) Other financial assets mandatorily at fair value" for accounting purposes; (5) See 'Servicing GBV' in the Glossary at the end of this document; (6) The AUM of the servicing unit, in terms of gross book value of distressed credit, value of property and capital goods managed by 4 neprix and a portion of portfolios related to Senior Financing transactions recorded as of 31 December 2021, net of collections and portfolio disposals.