Fitch revises its ratings on Mediobanca

Mediobanca hereby gives notice that, following the completion of the Public Offer, the rating agency Fitch has aligned Mediobanca’s long-term rating and “viability rating” with those of its parent company Banca Monte dei Paschi.

Mediobanca believes that the current rating does not reflect its creditworthiness, and the credit profile is unchanged compared to the period prior to the launch of Banca Monte dei Paschi’s public offer.

Details of the main ratings assigned by Fitch:

-    Outlook: Stable (from Rating Watch Negative)
-    LT IDR: “BBB-” from “BBB”
-    Senior preferred LT: “BBB-” from “BBB”
-    Long term deposits: “BBB” from “BBB+”
-    Viability: “bbb-” from “bbb”
-    Shareholder support: “bb” (new)

Milan, 15 October 2025