Notice of redemption Credem early redeems its senior non preferred notes

PRESS RELEASE

NOTICE OF REDEMPTION - CREDEM EARLY REDEEMS ITS €500.000.000 SENIOR NON-

PREFERRED NOTES DUE OCTOBER 2025

Today, Credito Emiliano announces, following the authorization issued by the Single Resolution Board, its intention to exercise the voluntary call option in connection with its €500,000,000 Fixed to Floating Rate Non-Preferred Senior Notes (ISIN: XS2068978050), of which €337,961,000 are currently outstanding following the repurchase of €162,039,000 by the Issuer in the Tender Offer completed in September 2023, and to redeem all its outstanding Notes on the relevant call date (25 October 2024).

For the benefit of the Noteholders, Credito Emiliano will therefore release the relevant formal notices in accordance with the applicable laws and regulations and the terms and conditions governing the issuance.

The early redemption of the Notes will be at par, together with accrued and unpaid interest.

Reggio Emilia, 27 August 2024

CREDITO EMILIANO SPA

(Chairman)

Lucio Igino Zanon di Valgiurata

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