(1) Shareholders that are fund management companies may be exempted from disclosure up to the 5% threshold.
(*) Fund management.
(**) The aggregate investment of 6.952% disclosed by JPMorgan Chase & Co. in form 120 B updated as at 26 November 2018, has been recalculated in 6.951% due to the change in Intesa Sanpaolo’s share capital of 26 November 2018 as a result of the merger by incorporation of Cassa dei Risparmi di Forlì e della Romagna. JPMorgan Chase & Co. made the original disclosure on 16 July 2018 (through form 120 B) in view of the positions held in relation to the issue of LECOIP 2.0 Certificates, having as underlying instruments Intesa Sanpaolo ordinary shares, that the Intesa Sanpaolo Group’s employees received under the 2018-2021 LECOIP 2.0 Long-term Investment Plan based on financial instruments.
Note: figures may not add up exactly due to rounding differences.
Figures updated based on the results from the register of shareholders and the latest communications received.
Italian regulation (Article 120 of "TUF") sets forth that holdings exceeding 3% of the voting capital of a listed company shall be communicated to both the latter and to Consob. Moreover, under Article 19 of "TUB" prior authorisation by the Bank of Italy shall be required for the acquisition of holdings of capital in banks that are either significant or make it possible the exercise of significant influence or confer a share of voting rights or capital equal to at least 10%.
With resolution dated 17 March 2020, CONSOB, for three months starting from the entry into force of the resolution and without prejudice to its early revocation, set an additional threshold of 1% above which notification is required pursuant to Article 120 of "TUF". Holdings above 1% and below 3% as at the date of entry into force of the resolution shall be communicated within ten working days of the above-mentioned date.
The Italian regulations also set forth notification obligations regarding any agreements among shareholders.