Intesa Sanpaolo: partial demerger of IW Bank S.p.A. in favour of Fideuram-Intesa Sanpaolo Private Banking S.p.A. and of Fideuram-Intesa Sanpaolo Private Banking S.p.A. in favour of Intesa Sanpaolo S.p.A.

PRESS RELEASE

Notice pursuant to Article 84 of Issuers' Regulation

(adopted by Consob with resolution no. 11971 of 14 May 1999 and subsequent amendments)

INTESA SANPAOLO: PARTIAL DEMERGER OF IW BANK S.P.A. IN FAVOUR OF FIDEURAM-INTESA SANPAOLO PRIVATE BANKING S.P.A. AND OF FIDEURAM-INTESA SANPAOLO PRIVATE BANKING S.P.A. IN FAVOUR OF INTESA SANPAOLO S.P.A.

Turin - Milan, 26 November 2021 - Notice is hereby given that the minutes of the Board of Directors' meeting, held on 23 November 2021, were made available on 26 November 2021 at the Company's Registered Office, as well as on the authorised storage system eMarket STORAGEand at group.intesasanpaolo.com. At the aforementioned meeting, the Board of Directors, pursuant to Article 2505, paragraph 2, of the Italian Civil Code, as provided for by Article 18.2.2. letter m) of the Articles of Association, approved the partial demerger of IW Bank S.p.A. in favour of Fideuram-Intesa Sanpaolo Private Banking S.p.A. and of Fideuram-Intesa Sanpaolo Private Banking S.p.A. in favour of Intesa Sanpaolo S.p.A..

On 26 November 2021, a request was filed for the registration of the aforementioned minutes with the Torino Company Register.

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