(1) The remaining 5% of Consorzio Logistica Pacchi S.c.p.A. is held by Poste Assicura S.p.A.

(2) The investment in sennder Technologies GmbH fully diluted is equal to 10.21%

(3) The investment in Sengi Express Limited is equal to 51% of the shares with voting rights (40% of equity rights)

(4) The investment in Volante Technologies Inc fully diluted is equal to 2.02%

(5) The investment in Conio Inc fully diluted is equal to 15.26%

(6) The investment in MFM Holding Ltd is equal to 14.59% of the shares with voting rights (15.44% of equity rights)

(7) The investment in ECRA is equal to a total of 40% of the share capital (24.5% of voting rights distributed in equal parts between the shareholders)

(8) The investment in Scalapay Limited fully diluted is equal to 2.15%

(9) Sourcesense S.p.A. wholly owns Sourcesense Digital S.r.l., Sourcesense Technology S.r.l., Sourcesense Limited (UK) and Sourcesense Platforms S.r.l. and holds 33.3% in Consorzio Italia Cloud

(10) Net Insurance S.p.A. wholly owns Net Insurance Life S.p.A. and holds a 19.99% investment in IBL Assicura S.r.l.

(11) Plurima S.p.A. wholly owns Logos S.r.l.

(12) Casina Poste Società Sportiva Dilettantistica a Responsabilità Limitata is wholly owned through Poste Italiane S.p.A. 72%, PostePay S.p.A.7%, Postel S.p.A.7%, Poste Vita S.p.A. 7% SDA Express Courier S.p.A.7%

(13) Poste Italiane S.p.A. holds 27.32% of the ordinary shares and 1.76% of the savings shares of TIM S.p.A.. Poste Italiane S.p.A. launched a voluntary total takeover and exchange bid for the ordinary shares of TIM S.p.A.