Poste Italiane S p A : 2017-2022 Achievements & 2023 Strategy Update

POSTE ITALIANE

2017-2022 ACHIEVEMENTS & 2023

STRATEGY UPDATE

A PLATFORM COMPANY AT WORK

ROME, MARCH 30, 2023

POSTE ITALIANE - 2022 RESULTS AND 2023 GUIDANCE

AGENDA

10:00 - 10:30 - Achievements and 2023 Strategy Update Matteo Del Fante - CEO and GM

10:30 - 11:00 - Business Units Highlights

Camillo Greco - CFO

Focus on Insurance Services

Andrea Novelli - Poste Vita CEO

11:00 - 11:10 Closing Remarks

Matteo Del Fante - CEO and GM

11:10 - 12:00 Q&A Session

DISCLAIMER

This document contains certain forward-looking statements that reflect Poste Italiane's management's current views with respect to future events and financial and operational performance of the Company and of the Company's Group.

These forward-looking statements are made as of the date of this document and are based on current expectations, reasonable assumptions and projections about future events and are therefore subject to risks and uncertainties. Actual future results and performance may indeed differ materially from what is expressed or implied in this presentation, due to any number of different factors, many of which are beyond the ability of Poste Italiane to foresee, control or estimate precisely, including, but not limited to, changes in the legislative and regulatory framework, market developments, price fluctuations and other risks and uncertainties, such as, for instance, risks deriving from the direct and indirect effects resulting from the international conflict in Eastern Europe.

Forward-looking statements contained herein are not a guarantee of future performance and you are therefore cautioned not to place undue reliance thereon.

This document does not constitute a recommendation regarding the securities of the Company; it does not contain an offer to sell or a solicitation of any offer to buy any securities issued by Poste Italiane or any of its Group companies or other forms of financial assets, products or services.

Except as may be required by applicable law, Poste Italiane denies any intention or obligation to update or revise any forward-looking statements contained herein to reflect events or circumstances after the date of this presentation.

Pursuant to art. 154- BIS, par.2,of the Consolidated Financial Bill of February 24, 1998, the executive (Dirigente Preposto) in charge of preparing the corporate accounting documents at Poste Italiane, Alessandro Del Gobbo, declares that the accounting information contained herein corresponds to document results and accounting books and records.

This presentation includes summary financial information and should not be considered a substitute for Poste Italiane's full financial statements.

Numbers in the document may not add up only due to roundings.

POSTE ITALIANE

2017-2022 ACHIEVEMENTS & 2023 STRATEGY UPDATE

A PLATFORM COMPANY AT WORK

ROME, MARCH 30, 2023

Matteo Del Fante, CEO

A PLATFORM COMPANY AT WORK

• ● CONSISTENT DELIVERY SINCE 2017 - REPOSITIONING THE BUSINESS ON A SUSTAINABLE PATH

• ● 2023 GROWTH CONFIRMED - ACHIEVABLE TARGETS UNDER DIFFERENT MARKET CONDITIONS

• ● GUIDANCE BASED ON BUSINESS DRIVERS AND VISIBLE COSTS - Q1-23 TRENDS FULLY ON TRACK

• ● SOLVENCY RATIO VOLATILITY SUCCESSFULLY MANAGED - SUSTAINABLE CASH & CAPITAL GENERATION

• ● SHAREHOLDERS' REMUNERATION INCREASED THANKS TO OUTPERFORMANCE - PROPOSED DPS OF €0.65 ON FY-22 (+10% Y/Y, +3pp VS PLAN) AND TARGET OF €0.71 ON FY-23 (+9% Y/Y, +2pp VS PLAN)