Assicurazioni Generali Says Negotiations On Deal With BPCE To Continue Until December 31, 2025

Assicurazioni Generali SpA G:

• AMENDS MOU WITH BPCE AFTER CONSULTATION COMPLETION

• NEGOTIATIONS ON DEAL TO CONTINUE UNTIL 31 DECEMBER 2025

• PROVISIONS CONCERNING THE BREAK-UP FEE, EQUAL TO € 50 MILLION, SHOULD NO LONGER APPLY AND SHOULD NO LONGER HAVE ANY FORCE OR EFFECT

• EXECUTION OF ANY FINAL AGREEMENT CONCERNING TRANSACTION WILL BE IN ANY CASE SUBJECT TO PRIOR APPROVAL OF COMPETENT CORPORATE BODIES OF EACH PARTY