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Poste Italiane

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Group structure at 30 September 2025

(1) The remaining 5% of Consorzio Logistica Pacchi ScpA is held by Poste Assicura SpA.

(2) The investment in sennder Technologies GmbH fully diluted is equal to 9.74%.

(3) The investment in Milkman SpA in liquidation fully diluted is equal to 6.03%.

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

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

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

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

(8) 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).

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

(10) Sourcesense SpA wholly owns Sourcesense Digital Srl, Sourcesense Technology Srl, Sourcesense Limited (UK) and Sourcesense Platforms Srl and holds 33.3% in Consorzio Italia Cloud.

(11) Net Insurance SpA wholly controls Net Insurance Life SpA and holds a 19.99% investment in IBL Assicura Srl.

(12) Plurima SpA wholly owns Bridge Technologies Srl and Logos Srl.

(13) Casina Poste Società Sportiva Dilettantistica a Responsabilità Limitata is wholly controlled through Poste Italiane SpA 72%, PostePay SpA 7%, Postel SpA 7%, Poste Vita SpA 7% SDA Express Courier SpA 7%.

(14) Poste Italiane SpA holds 24.81% of the voting shares (ordinary shares) of TIM SpA, corresponding to 17.81% of thetotal share capital.

(15) As of 1 October 2025, the extinction of Cronos Vita Assicurazioni SpA is effective.