PRESS RELEASE

FinecoBank: Approval of draft financial statements of FinecoBank, consolidated financial statements and the consolidated non-financial statement as at 31 December 2021

Milan, March 16th, 2022

The Board of Directors of FinecoBank, on March 15, 2022, approved the parent company's draft financial statements and the consolidated financial statements as at 31 December 20211, which, confirming the 2021 results already approved by the Board on February, 9 2022 and announced in the same day, recorded a parent company's net profit of 368.6 million euro (323.6 million euro in 2020) and a consolidated net profit of 380.7 million euro (323.1 million euro in 2020).

The approval of the draft financial statements includes the proposal for allocation of 2021 net profit, which confirms the proposal already adopted by the Board of Directors at the same time as it approved the results as at 31 December 2021 and disclosed to the market on February 9, 2022.

Therefore, the parent company's financial statements as at 31 December 2021 and the proposal regarding a dividend distribution of 0.39 euro cents per share, will be submitted for the approval of the ordinary Shareholders' Meeting scheduled for 28 April 2022.

Specifically, the Board's proposal envisages the distribution to 610,119,860 ordinary shares having a par value Euro 0.33 each, making up the share capital inclusive of 220,090 shares resulting from the share capital increase in support of incentive systems for employees approved by the Board of Directors on February 9, 2022 - a dividend per share of Eur 0.39, for a total of Eur 237,946,745.40.

The dividend payment, if approved at the Shareholders' Meeting, will take place on May 25, 2022 (with coupon presentation on May 23, 2022 and record date on May 24, 2022). The portion of undistributed dividends with respect to the treasury shares held by the Bank at the abovementioned record date, shall be transferred to the Extraordinary Reserve.

The Board of Directors, on March 15, 2022, also approved the consolidated non-financial statement of the FinecoBank Group as at 31 December 2021, prepared in accordance with Legislative Decree 254/2016.

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FinecoBank

FinecoBank is one of the most important FinTech banks in Europe. Listed on the FTSE MIB, Fineco offers a business model that is unique in Europe, combining the best platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and one of the most important players in Private Banking in Italy, offering advanced and tailor-made advisory services. Since 2017, FinecoBank has also been in the UK with an offer focused on brokerage, banking and investment services. Fineco Asset Management was founded in Dublin in 2018, with a mission to develop investment solutions in partnership with top international asset managers

Enquiries:

Fineco - Media Relations

Fineco - Investor Relations

Tel.: +39 02 2887 2256

Tel. +39 02 2887 3736/2358

mediarelations@finecobank.com

investors@finecobank.com

Barabino & Partners

Tel. +39 02 72023535

Emma Ascani

e.ascani@barabino.it

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Finecobank S.p.A. published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 08:57:02 UTC.