Banca CF+: Consolidated results as at 31 March 2026

• START OF PURCHASE PRICE ALLOCATION: PROVISIONAL DETERMINATION OF NEGATIVE GOODWILL (BADWILL) OF EUR 76.5 MILLION, TO BE DEFINED WITHIN 12 MONTHS OF THE ACQUISITION
• CONSOLIDATED NET PROFIT OF EUR 72.5 MILLION
• CAPITAL POSITION OF THE NEW COMBINED ENTITY: CONSOLIDATED CET1 OF 11.4%
• 2026 GUIDANCE: LAUNCHED THE INTEGRATION OF THE NEW COMBINED GROUP, WITH THE REVERSE MERGER OF BANCA CF+ INTO BANCA SISTEMA EXPECTED TO BE COMPLETED BY THE END 2026, WITH THE AIM OF CREATING A SPECIALISED CREDIT BANK WITH A HIGH ROE AND A EUROPEAN FOCUS

Milan, 12 May 2026 – Today, the Board of Directors of Banca CF+ approved the consolidated results as at 31 March 2026.

Consolidated results as at 31 March 2026

The main consolidated economic and financial figures can be summarized as follows:

• net profit of EUR 72.5 million (EUR 2 million as at 31 March 2025);
• shareholders’ equity of EUR 435.1 million, of which EUR 370.9 million attributable to the Group and EUR 64.2 million attributable to minority interests (EUR 176.9 million as at 31 December 2025, wholly attributable to the Group);
• total assets of EUR 6,906 million (EUR 2,263 million as at 31 December 2025);
• CF+ Group consolidated TCR of 15.93% (23.94% as at 31 December 2025);
• CF+ Group consolidated Tier 1 ratio of 14.32% (20.13% as at 31 December 2025);
• CF+ Group consolidated CET1 ratio of 11.39% (14.35% as at 31 December 2025);
• consolidated RWAs amounting to EUR 2,482 million.

The consolidated financial statements include, for the first time, the effects of the consolidation of Banca Sistema S.p.A. and its subsidiaries.

“This quarter marks the beginning of a new phase for our Group,” stated Iacopo De Francisco, Chief Executive Officer and General Manager of Banca CF+. “The merger between CF+ and Banca Sistema was not conceived merely to increase scale, but to build a more diversified and balanced specialty finance platform, with greater capital flexibility, broader funding capacity and a more resilient profitability profile. We believe that the combined Group is embarking on this journey from a position of financial strength, with high-yielding assets and significant industrial potential.”

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Banca CF+
Banca CF+ is the result of the complex corporate reorganization of the former Credito Fondiario Group.
It is a bank focused on companies, specializing in financing solutions for companies in performing and re-performing situations. It offers three specialized credit products: factoring, tax credit purchase, and short-, medium- and long-term financing of companies with structural and liquidity needs, also assisted by central guarantee funds. Banca CF+ also offers a 100% digital, secure and flexible online fixed Deposit Account.