(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 S.p.A. 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 Holdco Inc. fully diluted is equal to 2,02%.

(6)The investment in Conio Inc. fully diluted is equal to 14,53% at 31 October 2024.

(7) The investment in MFM Holding Ltd is equal to 13,98% of the shares with voting rights (14,81% of property rights).

(8)The investment in ECRA is equal to a total of 40% of the share capital (24,5% of the voting rights distributed in equal parts between the Shareholders).

(9) The investment in Scalapay Limited fully diluted is equal to 2,15%.

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

(11) Net Insurance S.p.A. wholly owns Net Insurance Life S.p.A. and holds a 19,99% interest in IBL Assicura S.r.l.

(12) Plurima S.p.A. wholly owns Bridge Technologies S.r.l. and Logos S.r.l.

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

(14) On 8 April 2025, the company Net Holding S.p.A. was removed from the Companies’ Register.

(15) On 11 April 2025, the sale of the equity investment held in Anima Holding S.p.A. became effective as a result of the Takeover Bid. At 31 March, the investment was therefore classified as an asset held for sale purchase pursuant to IFRS 5.