EY backs Intesa Sanpaolo share pricing method for Monte dei Paschi offer

• EY on October 19, 2026, endorsed Intesa Sanpaolo’s share-pricing method for its Banca Monte dei Paschi di Siena acquisition as reasonable.
• New shares will be priced at their stock-market reference price on the trading day before each payment date.
• The transaction allows issuance of up to 5,700,000,000 new ordinary shares to MPS shareholders.
• Offer terms provide 1.6 new shares and EUR 1.25 cash per MPS share, versus the original EUR 1 cash component.
• The offer will lapse if MPS shareholders endorse specified competing acquisition proposals or related capital measures on October 29, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intesa Sanpaolo S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 159603.pdf), on October 19, 2026, and is solely responsible for the information contained therein.