Banco BPM Stock, Shareholder Base and Dividends

BANCO BPM SHAREHOLDER BASE

The share capital subscribed and paid in amounts to 7,100,000,000.00 euro.
The share capital is divided into 1,515,182,126 ordinary shares without par value.

The major holdings in the share capital of Banco BPM, on the basis of the declarations made by law, together with the stakes held by the parties adhering to the Consultation Agreement, which was originally signed on 21 December 2020, is indicated here below with updated information under the section “Consultation Agreements”. The section “Consultation Agreements – Historical” comprises information on previous Consultation Agreements that have been terminated.

Shareholder% stake
Capital Research and Management Company 14.99%
Fondazione ENPAM 21.95%
Fondazione CRT 21.78%
Fondazione Cassa di Risparmio di Lucca 21.24%
Calzedonia Holding S.p.A.1.15%
Inarcassa – Cassa Nazionale di Previdenza ed Assistenza per gli Ingegneri ed Architetti Liberi Professionisti 20.54%
Fondazione Cassa di Risparmio di Alessandria 20.50%
Fondazione Cassa di Risparmio di Carpi 20.10%
Fondazione Cassa di Risparmio di Reggio Emilia Pietro Manodori 20.03%
Fondazione Cassa di Risparmio di Trento e Rovereto 20.03%

Notes:

1. Major shareholding pursuant to Art. 120 of Law Decree 58/98.

2. Member, together with other shareholders of Banco BPM, of the consultation agreement pursuant to Art. 122 of Law Decree 58/1998, signed on 21 December 2020. For details and for updated information, please see the following section, under “Consultation Agreements”. 

Last update: 9 November 2021

CONSULTATION AGREEMENTS

Updated essential information on the Consultation Agreement, which was signed on 21 December 2020, updated as at 20 July 2021, and which regroups 6.17% of Banco BPM’s share capital, can be found here below.

CONSULTATION AGREEMENTS – HISTORY

Please see here below the essential information on the Consultation Agreement, which was signed on 18 January 2021 and updated as at 21 July 2021; this agreement, which had regrouped 4.694% of Banco BPM’s share capital, was terminated on 1 November 2021.

DIVIDENDS

DIVIDENDS – FY 2020

On 9 February 2021, Banco BPM’s Board of Directors, in compliance with the European Central Bank recommendation of 15 December 2020 in force until 30 September 2021, decided to propose, at the Shareholders’ Meeting of 15 April 2021, the distribution of a cash dividend per share of € 0.06, before withholding taxes, for each of the no. 1,515,182,126 ordinary shares, for a total amount of € 90.9 million. Having been approved by the Shareholders at the General Meeting, the distribution, which is subject to the ordinary tax regime for the distribution of dividends, will take place on 21 April 2021 (payment date), with ex-date on 19 April 2021 and record date on 20 April 2021.

DIVIDENDS – FY 2019

On March 31, 2020, the Board of Directors of Banco BPM resolved not to submit, at the Shareholders’ Meeting of April 4, 2020, item no. 2 of the agenda (Resolutions on profit allocation and distribution); this in order to implement the indications provided by the European Central Bank with the communication of 27 March 2020, regarding the distribution of dividends during the Covid-19 pandemic. The net income posted in the annual report of the Parent company Banco BPM at 31 December 2019, after deducting the amount allocated to retained earnings, was therefore set aside in the Bank’s shareholder’s equity, designated as a reserve available for distribution.