• Banca Mediolanum’s board meeting acknowledged a change in director independence status, effective July 25, 2026.
• Giovanna Luisa Maria Redaelli no longer meets the independence requirement under Article 13(c) of Ministerial Decree No. 169/2020.
• The board linked the change to more than nine of the past 12 years served as independent director at Mediolanum Vita, Mediolanum Assicurazioni.
• Redaelli keeps her board seat; independent directors remain 9 of 13, above the regulatory minimum.
• She remains on the Nomination and Governance Committee, with the committee still compliant with applicable rules.

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 Mediolanum S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 1795-57-2026_TELEBORSA.pdf), on July 30, 2026, and is solely responsible for the information contained therein.