PRESS RELEASE

FinecoBank S.p.A.: Purchase of treasury shares to carry out the 2022 Incentive System for Personal Financial Advisors (PFA) identified staff - "2022 PFA SYSTEM"

Milan, January 18th, 2022

FinecoBank S.p.A. informs that, according to the provisions of articles 2357 and 2357-ter of the Civil Code, 132 of Legislative Decree no. 58/1998 and 144-bis of Consob Regulation no. 11971/1999, today's Board of Directors resolved to request to the FinecoBank's ordinary shareholders' meeting - that will be called to approve 2021 financial statement - the authorization to purchase and to dispose of treasury shares for a maximum number of 260,779 FinecoBank ordinary shares, in order to acquire the financial instruments needed to carry out the "2022 PFA System" for the Personal Financial Advisors identified staff.

The requested authorization is for a maximum number of 260,779 ordinary shares, equal to 0.04% of share capital and, therefore, well below the maximum limit of 20% provided by the applicable regulation, also taking into consideration the number of 122,866 treasury shares owned by the Company at the date of the present report, equal to 0.02% of the current share capital, and also the maximum number of treasury shares that at the moment is estimated to be assigned to execute Incentive Systems already approved or that will be approved in the future, or other needs not foreseeable at the moment.

The amount of the purchasing operations should not be below the nominal value per share, equal to a nominal value of Euro 0.33 and not above, as a maximum, the official closing price of FinecoBank ordinary shares registered in the MTA ("Mercato Telematico Azionario"

  • Milan Stock Exchange) the day preceding the purchase, increased by 5%.

The authorization to purchase will be released for a period of eighteen months from the date of the Shareholders' Meeting that passed the resolution for the authorization.

Buy-back operations of treasury shares will be executed only after having received the necessary authorization of the Regulator, according to articles 77-78 Reg. EU no. 575/2013 (CRR) dated June 26, 2013 as modified by Reg. EU no. 876/2019.

FinecoBank

FinecoBank is one of the most important FinTech banks in Europe. Listed on the FTSE MIB, Fineco offers an unique business model in Europe, combining advanced platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, through 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 is in the UK with an offer focused on brokerage, banking and investment services. Fineco Asset Management was founded in Dublin in 2018, with the mission to develop investment solutions in partnership with top international asset managers.

Contacts:

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

+39 335 390 334

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Finecobank S.p.A. published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 16:59:07 UTC.