(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 10,17%.

(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%.

(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 20% in Consorzio Italia Cloud.

(11) Net Insurance S.p.A. wholly owns Net Insurance Life S.p.A.

(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%)