• Banca Monte dei Paschi di Siena launched a voluntary share-exchange offer for all Banca Generali shares.
• The offer was unsolicited and not pre-agreed with Banca Generali.
• Banca Generali’s board has begun reviewing the terms and plans to issue its assessment within the required timeframe.
• Operations continue as planned, with management citing a focus on value creation for shareholders and stakeholders.

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 Generali S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0856-46-2026_TELEBORSA.pdf), on August 21, 2026, and is solely responsible for the information contained therein.