Monte Paschi begins review of Banco BPM merger approach

• Banca Monte dei Paschi di Siena began preliminary assessments of an unsolicited potential tie-up proposal from Banco BPM.
• It is also reviewing an unsolicited voluntary public tender and exchange offer launched by Intesa Sanpaolo.
• UBS Europe SE, BofA Securities, BonelliErede, and White & Case were appointed as advisers.
• Integration work with Mediobanca remains on track with prior plans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banca Monte dei Paschi di Siena S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0035-83-2026_TELEBORSA.pdf), on June 08, 2026, and is solely responsible for the information contained therein.