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Moody's Upgrades illimity Ratings Following Banca Ifis Acquisition

Milan, 17 July 2025 – illimity Bank S.p.A. ("illimity" or the "Bank") announces that, following the acquisition of 92.5% of illimity's share capital by Banca Ifis¹, the rating agency Moody's has upgraded all the Bank's ratings. These upgrades bring illimity's ratings in line with those of Banca Ifis, concluding the rating action initiated on 14 January and resolving the "review for upgrade".

Key Ratings Upgraded:

The complete list of rating actions and the full Moody's press release are accessible on the rating agency's official website.

For Additional Information:

Investor Relations & Sustainability

Fabio Pelati

Phone: +39 335 7853370

Email: fabio.pelati@illimity.com

Press Office & Communication

Ufficio Stampa & Comunicazione illimity

Contact Persons: Vittoria La Porta, Elena Massei

Email: press@illimity.com

Ad Hoc Communication Advisors

Contact Persons: Valentina Zanotto, Riccardo Schiavon

Valentina Zanotto: +39 335 141 5575

Riccardo Schiavon: +39 340 082 3015

Email: illimity@ahca.it

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