Poste Italiane S p A : The Board of Directors approves Full Year 2025 results, confirming preliminary results published on 26 February 2026 and convenes the Shareholders' Meeting

About this update from Poste Italiane Spa

THE BOARD OF DIRECTORS APPROVES FULL YEAR 2025 RESULTS, CONFIRMING PRELIMINARY RESULTS PUBLISHED ON 26 FEBRUARY 2026 AND CONVENES THE SHAREHOLDERS' MEETING ‌ Rome, 17 March 2026 - The Board of Directors of Poste Italiane S.p.A. ("Poste Italiane"), chaired by Silvia Rovere, today has examined the Annual Financial Report for 2025, which confirms the preliminary consolidated results for 2025 announced on 26 February 20261. The Board also approved Poste Italiane's draft financial statements and the consolidated financial statements of the Poste Italiane Group for 2025, accompanied by the Report on operations (including the Sustainability Report as per Legislative Decree 125/2024). The Board of Directors was also updated on year-to-date performance, confirming the continuation of strong commercial and financial trends across all Group divisions, with key performance indicators, revenues and operating profit above those recorded in the same period of 2025 and in line with the assumptions underlying the 2026 guidance communicated to the market on 26 February 2026. Across the Group's main business lines, January and February 2026 saw: i) sustained growth in parcel volumes across all customer segments, ii) positive net investment inflows, both in Life Insurance and Mutual Funds, iii) growth in retail customer deposits in a favourable interest rate environment, further supporting investment portfolio revenues, with the expected FY-26 contribution from Active Portfolio Management already realized and iv) a continued increase in digital payments and Energy customer base. The relevance of the Group's digital channels continued to strengthen, with SuperApp users reaching 17 million on a 12-month rolling basis and 4.2 million daily active users, while digital payments now account for 62% of total payments (compared with 57% in 2025). The Board of Directors also decided to propose the payment of € 0.85 per share as the balance dividend for the fiscal year 2025 - whose interim dividend, equal to € 0.40 per share, was paid on 26 November 2025 - for a total dividend for the fiscal year 2025 equal to € 1.25 per share, as a distribution of Poste Italiane's available net income for a total amount of € 1,618 million. The proposed ex-dividend date is 22 June 2026, the "record date" (i.e. the date when a shareholder is eligible to receive dividends) is 23 June 2026 and the payment date is 24 June 2026. Poste Italiane's separate financial statements for the year ended 31 December 2025 will be submitted for approval - together with the proposal for payment of the dividend - to the Annual General Meeting of shareholders scheduled for 27 April 2026. The Annual Financial Report for 2025 will be made available to the public within the terms laid down by law ( i.e. , by 6 April 2026) on the following webpage . * * * The Poste Italiane Group's consolidated balance sheet, statement of profit/(loss), and statement of cash flows are attached to this release. The corresponding statements for Poste Italiane SpA are also attached. The financial statements and the related notes have been delivered to the Board of Statutory Auditors and will be audited by Poste Italiane's Independent Auditors. 1 The Solvency II ratio stands at 303%. Declaration by the Executive responsible for preparing the corporate accounting documents The undersigned, Alessandro Del Gobbo, in his capacity as Executive responsible for preparing Poste Italiane's corporate accounting documents (Dirigente Preposto) DECLARES that, pursuant to art. 154-BIS, par. 2, of the Consolidated Financial Bill of February 24, 1998, accounting information disclosed in this document corresponds to document results and accounting books and records. * * * As previously communicated to the market in the 2026 Financial Calendar published on 29 January 2026, the Board of Directors has also convened the Ordinary Shareholders' Meeting for 27 April 2026, on a single call. In particular, as indicated above, the Ordinary Shareholders' Meeting will be called to: approve the separate financial statements and examine the consolidated financial statements for the year ending 31 December 2025; resolve upon the distribution of a total dividend of € 1.25 per share, of which: € 0.40 per share - as a distribution of Poste Italiane's available net income (for a total amount of approximately € 518 million) - to finance the interim dividend for 2025, paid on 26 November 2025; € 0.85 per share - as a distribution of Poste Italiane's available net income - to finance payment of the balance of the dividend for 2025; resolve upon the appointment of the Board of Directors, due to expiry of the mandate of the current Board; pass: a binding resolution on the Report on the 2026 remuneration policy - including the Guidelines for BancoPosta Ring Fenced Capital's remuneration and incentive policy for 2026 - referred to the members of the Board of Directors, the General Manager, other executives with strategic responsibilities and members of relevant controlling bodies; and a non-binding resolution on the Report on Amounts paid in 2025; adopt equity-based incentive plans. For a detailed description of such plans please refer to the information documents prepared pursuant to Article 114- bis of the Consolidated Law on Finance, which will be made public according to the terms of law. Notice of call and documentation regarding the matters on the Shareholders' Meeting agenda, foreseen by the applicable regulations, will be made available to the public within the terms laid down by law. For further information: Investor Relations Media Relations Tel. +39 06 5958 4716 Tel. +39 06 5958 2097 Mail: [email protected] Mail: [email protected] POSTE ITALIANE GROUP'S FINANCIAL STATEMENTS (€m) CONSOLIDATED BALANCE SHEET ASSETS (€m) 31 December 2025 31 December 2024 Non-current assets Property, plant and equipment 3,189 2,783 Investment property 24 26 Intangible assets 2,198 2,139 Right-of-use assets 1,186 1,187 Investments accounted for using the equity method 1,583 332 Financial assets 223,840 210,129 Trade receivables 11 2 Deferred tax assets 1,758 1,997 Other receivables and assets 3,652 3,955 Tax credits Law no. 77/2020 3,699 5,170 Reinsurance contract assets 366 324 Total 241,506 228,045 Current assets Inventories 176 177 Trade receivables 2,218 2,076 Current tax assets 166 197 Other receivables and assets 1,379 1,339 Tax credits Law no. 77/2020 1,798 1,835 Financial assets 33,944 34,409 Cash and deposits attributable to BancoPosta 4,692 4,290 Cash and cash equivalents 4,447 4,680 Total 48,820 49,003 Non-current assets and disposal groups held for sale - 50 TOTAL ASSETS 290,325 277,098 LIABILITIES AND EQUITY (€m) 31 December 2025 31 December 2024 Equity Share capital 1,306 1,306 Reserves 3,322 1,532 Treasury shares (128) (109) Retained earnings 9,338 8,855 Total equity attributable to owners of the Parent 13,839 11,583 Equity attributable to non-controlling interests 158 127 Total 13,997 11,709 Non-current liabilities Insurance contracts liabilities 166,713 162,408 Provisions for risks and charges 546 526 Employee termination benefits 518 577 Financial liabilities 7,610 8,711 Deferred tax liabilities 1,331 897 Other liabilities 1,934 2,024 Total 178,652 175,144 Current liabilities Provisions for risks and charges 500 557 Trade payables 2,028 2,097 Current tax liabilities 48 65 Other liabilities 2,281 2,151 Financial liabilities 92,820 85,374 Total 97,676 90,244 TOTAL EQUITY AND LIABILITIES 290,325 277,098 CONSOLIDATED STATEMENT OF NET PROFIT (LOSS) OF THE YEAR (€m) (€m) FY25 FY24 Revenue from Mail, Parcels & other 3,948 3,843 Net revenue from Financial Services 5,682 5,521 Revenue from Financial Services 6,167 6,127 Expenses from financial activities (485) (607) Net revenue from Insurance Services 1,825 1,640 Insurance service revenues from contract issued 3,208 2,824 Insurance service expenses from contract issued (1,430) (1,234) Income/(expenses) from reinsurance contracts held (38) (32) Finance income and (expenses) and other income 5,590 6,430 Insurance finance (costs)/income from contracts issued (5,514) (6,358) Finance income/(costs) from reinsurance contracts held 9 10 Revenue from Postepay Services 2,133 1,923 Net operating revenue 13,588 12,927 Cost of goods and services 4,003 3,717 Personnel expenses 5,166 5,135 Depreciation, amortisation and impairments 913 855 Capitalised costs and expenses (74) (67) Other operating costs 358 318 of which non-recurring costs - 57 Impairment losses/(reversals of impairment losses) on debt instruments, receivables and other assets 54 424 of which non-recurring costs - 284 Operating profit/(loss) 3,167 2,546 Finance costs 206 120 Finance income 252 209 Impairment loss/(reversal of impairment losses) on financial asset 0 (14) Profit/(Loss) on investments accounted for using the equity method 24 22 Profit/(Loss) before tax 3,236 2,671 Income tax expense 1,001 658 NET PROFIT FOR THE YEAR 2,235 2,013 of which attributable to owners of the Parent 2,214 1,994 of which attributable to non-controlling interests 22 19 Earnings per share 1.710 1.540 Diluted earnings per share 1.710 1.540 CONSOLIDATED STATEMENT OF CASH FLOWS (€m) (€m) FY 2025 FY 2024 Cash and cash equivalents at beginning of the year 4,680 4,211 Profit/(Loss) before tax 3,236 2,671 Depreciation, amortisation and impairments 994 929 Net provisions for risks and charges 300 76 Use of provisions for risks and charges (358) (332) Provisions for employee termination benefits 3 2 Employee termination benefits (72) (76) (Gains)/Losses on disposals (1) (0) Impairment losses/(reversals of impairment losses) on financial assets (0) (14) (Dividends) (0) (0) Dividends received 0 0 (Finance income realised) (49) - (Finance income in form of interest) (193) (204) Interest received 173 201 Interest expense and other finance costs 196 116 Interest paid (73) (49) Losses and impairment losses/(Reverseals of impairment losses) on receivables 52 603 Income tax paid (763) (866) Other changes (3) 6 Cash flow generated by operating activities before movements in working capital 3,441 3,063 Movements in working capital: (Increase)/decrease in Inventories 0 (5) (Increase)/decrease in Trade receivables (258) 242 (Increase)/decrease in Other receivables and assets 191 (186) Change in tax credits Law no. 77/2020 (15) (13) Increase/(decrease) in Trade payables (74) (154) Increase/(decrease) in Other liabilities 11 (167) Cash flow generated by /(used in) movements in working capital (144) (283) Increase/(decrease) in liabilities attributable to financial, payments, cards and acquiring, insurance Net cash generated by/(used for) financial asset and tax credit Law no. 77/2020 attributable to financial activities, payments, cards and acquiring and insurance (Increase)/decrease in cash and deposits attributable to BancoPosta Increase/(Decrease) in net liabilities under insurance contracts (Income)/Expenses and other non-cash components 4,656 (3,210) (615) 380 5,661 (2,095) (8,258) (401) 4,301 (891) Cash generated by/(used for) financial assets/liabilities attributable to financial, payments, card and acquiring, insurance (594) 121 Net cash flow from /(for) operating activities 2,703 2,901 Investing activities: Property, plant and equipment (665) (498) Investment property (0) (1) Intangible assets (513) (467) Investments (871) (27) Other financial assets (468) (6) Disposals: Property, plant and equipment, investment property, intangible assets and assets held for sale 14 9 Investments 267 - Other financial assets 236 1 Investments in consolidated companies net of cash acquired and changes in scope of consolidation 185 3 Net cash flow from /(for) investing activities (1,815) (986) Proceeds from/(Repayments of) long-term borrowings 754 566 (Increase)/decrease in loans and receivables - - Increase/(decrease) in short-term borrowings (324) (803) (Purchase)/sale of treasury shares (28) (23) Dividends paid (1,502) (1,165) Equity instrument - perpetual hybrid bond (21) (21) Net cash flow from/(for) financing activities and shareholder transactions (1,121) (1,446) Effect of exchange rate fluctuations on cash and cash equivalents (0) 0 Net increase/(decrease) in cash (233) 469 Cash and cash equivalents at end of year 4,447 4,680 Restricted net cash and cash equivalents at the end of year (2,802) (2,693) Unrestricted net cash and cash equivalents at end of year 1,645 1,987

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