Shares and dividends 2020 - Intesa Sanpaolo

SHARES

Number of outstanding ordinary shares (without nominal value)	17,509,728,425

Number of shares - Historical figures

DIVIDEND POLICY

Strong and increasing cash dividend distribution over the course of the 2014-2017 Business Plan: 1.2bn euro paid for 2014, 2.4bn euro paid for 2015, 3bn euro paid for 2016 and 3.4bn euro paid for 2017. In the 2018-2021 Business Plan, commitment to paying out 85% of net income as cash dividends for 2018, 80% for 2019, 75% for 2020 and 70% for 2021: 3.4bn euro of dividends paid for 2018.

DIVIDENDS FOR 2019

The Intesa Sanpaolo Shareholders’ Meeting of 27 April 2020 approved the proposal made by the Board of Directors at its meeting of 31 March 2020, in compliance with the recommendation of the European Central Bank dated 27 March 2020 on dividend policy until 1 October 2020 in the aftermath of the COVID-19 epidemic, to suspend dividend distribution to shareholders and to allocate net income for the financial year 2019 to reserves. The Board of Directors of Intesa Sanpaolo intends to convene an Ordinary Shareholders’ Meeting after 1 October 2020 to execute the distribution of part of the reserves to shareholders by the end of the financial year 2020, subject to the indications that will be given by the ECB in respect of dividend policy and the Group’s solid capital position being preserved in respect of the evolution of the context following the COVID-19 epidemic.

Market Ratios - Historical figures