Press Release

Siena, 27 November 2025 – Banca Monte dei Paschi di Siena (“the Bank”), in response to press reports published today, announces that it has received notification from the Milan Public Prosecutor's Office of a search warrant.

In this context, a notice of investigation has been served on Dr. Luigi Lovaglio, in his capacity as Chief Executive Officer; the alleged crimes outlined in the document concern obstruction of supervisory functions and market manipulation.

The Bank is confident it can provide all the necessary information to clarify the correctness of its actions and expresses its full trust in the competent authorities, with whom it confirms its full cooperation.