<table><tr><td>Declarant or subject at the top of the participation chain</td><td>Direct Shareholder</td><td>% shareholding</td></tr><tr><td>DELFIN SARL</td><td>DELFIN SARL</td><td>9.780%</td></tr><tr><td>BANCO BPM SPA</td><td>BANCO BPM SPA</td><td>5.003%</td></tr><tr><td>ANIMA HOLDING SPA</td><td>ANIMA HOLDING SPA</td><td>3.992%</td></tr><tr><td>MINISTRY OF ECONOMY AND FINANCE</td><td>MINISTRY OF ECONOMY AND FINANCE</td><td>11.731%</td></tr><tr><td>CALTAGIRONE FRANCESCO GAETANO</td><td>AUSONIA SRL</td><td>0.056%</td></tr><tr><td></td><td>ESPERIA 15 SRL</td><td>0.056%</td></tr><tr><td></td><td>MK 87 SRL</td><td>0.040%</td></tr><tr><td></td><td>FINANCIAL INSTITUTION 2012 SPA</td><td>0.556%</td></tr></table>