Support to ESG transition

New lending to support the ecological transition: 76 billion euro's worth of loans in line with the National Recovery and Resilience Plan (2021- 2026)

Circular economy credit plafond³: 8.7 billion euro (of which 5.6 billion euro dedicated to green finance) disbursed

3-year agreement with the Ellen MacArthur Foundation Strategic Partner 2022-2024

Continuous expansion of the range of S-Loan products dedicated to SMEs to finance projects aimed at improving their sustainability profile (6 product lines: S-Loan ESG, S-Loan Diversity, S-Loan Climate Change; S-Loan Agribusiness, S-Loan Tourism and S-Loan CER). ~5.2 billion euro granted since launch, of which ~1.7 billion euro in 2023

A total of ~5.17 billion euro of Green Bonds were issued in 2023. In particular: in February 2023 a dual tranche Senior Non Preferred Green bond of a total of 2.25 billion euro was placed; in March 2023 a Senior Non Preferred Green bond for the sterling market was finalised for a total face value of 600 million euro; in May 2023 a dual tranche Senior Preferred Green Bond for a total of 2.25 billion euro was placed

In March 2024, the third annual Green and Social Bond Report based on the “Portfolio approach” was published. The Group report estimates the impacts and benefits of the entire portfolio of loans admissible for each of the green categories. A total of 6.5 million tonnes of CO2 eq emissions were avoided in 2023

Strengthening of the ESG offering in Asset management: growth of assets under management invested in ESG products to €156bn in 2025 from €110bn in 2021, increasing their level as a proportion of total assets under management from 46% to 60%

Development of dedicated ESG advisory services for Fideuram, including through the provision of specific training to financial advisors

Enhancement of engagement activities in line with the Stewardship Principles

Development of dedicated ESG advisory services for Fideuram

Eurizon offers a diverse range of 306 products in all the asset classes (UCITS - Undertaking for the Collective Investment in Transferable Securities) that include a focus on environmental and/or social issues, or have sustainable investment objectives, classified according to Articles 8 and 9 of the Sustainable Finance Disclosure Regulation - SFDR, with ~149.0 billion euro of assets representing around 73.3% (about 74% including Portfolio Management GP pursuant to Articles 8 and 9 of the SFDR) of the total assets of the Funds managed.

Fideuram offers 97 funds classified pursuant to Articles 8 and 9 of the SFDR for a total of 33.3 billion euro of assets (71% of total assets under management)

The figure of “ESG Ambassador” was established: for the first phase, 34 Private Bankers were selected from among the approximately 6,000 members of the Fideuram and Intesa Sanpaolo Private Banking Networks based on their attention to ESG issues – with the aim of promoting the culture of sustainability in the areas they belong to.

Eurizon conducted 592 engagement activities (with 343 companies), of which 228 on ESG issues (approximately 40% of the total engagements carried out in the period). Eurizon defined Engagement as the sharing of views/holding dialogues with the companies it invests in with a view to involvement and medium/long-term relationships, with the aim of monitoring and determining their commitments on specific issues, as well as taking part in the related shareholders’ meetings

.Eurizon conducted 538 engagement activities, of which 271 qualified as ESG and represented 50% of the total engagements carried out in the period (34% of the total meetings)

In Fideuram Asset Management SGR (FAM) and Fideuram Asset Management (Ireland) (FAMI), engagement activities were carried out respectively on 106 and 94 companies; among these, 78 (around 74%) for FAM and 82 (about 87%) for FAMI were engaged on ESG issues

During the year, the Private Banking Division held 16 events aimed at customers with around 14,000 participants, of which 4,000 were customers

Strengthening of the unitlinked/multi-line offering with ESG investment options

Strengthening of the positioning in the non-motor damage insurance segment, including the protection of real estate assets

80.4% (number of funds) of unit-linked investment options linked to products open to new subscriptions (excluding pension plans) are classified according to Articles 8 and 9 SFDR (in 2022 it was 72%)

Earthquake and/or Flooding insurance cover provided to customers who insure their house: 38.5 billion euro of insurance value