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We are a new paradigm bank. We serve small businesses and consumers, with a focus on specialist corporate lending and the purchasing and servicing of distressed debt.

illimity 4Q22 & FY22 Results

Please find here the documentation for the fourth quarter 2022

4Q22 & FY22 illimity Results Presentation Invite

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2021-25

illimity
2021-25 Strategic Plan

illimity Strategic Plan 2021-25 aims for significant and sustainable growth in profits and profitability, with new initiatives and a strong focus on sustainability.

ROAE – Return on Average Equity

15%

in 2023

20%

in 2025

Net profit

~€140

mln in 2023

>€240

mln in 2025

CET1 ratio

>15%

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illimity_Strategic Plan 2021-25

2021-25 Strategic Plan Presentation

2021-25 Strategic Plan presentation script

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Share capital

illimity share capital equals to €54,513,905.72, entirely subscribed and paid up, divided into 83,645,108 ordinary shares with no par value.

The ordinary shares, which have been listed on the Euronext Milan market since 5 March 2019 and on the STAR segment since 10 September 2020, (ISIN code IT0005359192), are freely transferable.

For information purposes only, significant shareholders holding at least 5% of the share capital with voting rights with percentages resulting from the most recent available information:

Banca Sella Holding S.p.A. 10.00%

Banca Sella Holding S.p.A.

LR Trust - FIDIM 8.12%

LR Trust - FIDIM

FermION Investment Group Limited 7.26%

FermION Investment Group Limited

Tensile - Metis Holdings S.à r.l. 7.01%

Tensile Capital Management LLC subsidiary

AMC Metis S.à r.l. 6.56%

Atlas Merchant Capital Fund LP subsidiary

Dividends

In view of the significant size of the Bank’s core markets and the relevant growth opportunities, a flexible dividend policy is planned to maximize shareholders’ return with a pay-out ratio of between 20% and 30% over the duration of the Plan, this being calibrated from time to time on the basis of the actual availability of investments with a high return on capital. The first dividend will be on the net profit for the year 2022 with a pay-out of 20%. The dividend policy is subject to the removal of the limits set by the Regulator which are currently valid until 30 September 2021.

Documents

illimity Bank Shareholders’ Agreements – summary – 18 March 2019

18 March 2019 17:30

illimity Bank Shareholders’ Agreement – key terms – 18 March 2019

18 March 2019 17:30

Interactive Annual Report 2021

In just over three years we have built an extremely innovative bank focusing on a strategic sector for our country, that of small and medium-sized enterprises. In 2021 we achieved the targets we had set and shown that we know how to make profits and be useful to the society.

DISCOVER THE ANNUAL REPORT

Press Releases

26 January 2023

illimity SGR has completed a new closing of its iREC Fund

5 January 2023

illimity exits from the SME status

28 December 2022

Notice of publication of documents – By-laws as of 22 December 2022

23 December 2022

illimity – 2023 Financial calendar

20 December 2022

b-ilty launches the green package on favourable terms

15 December 2022

illimity finalises an operation with Relais Borgo Santo Pietro

13 December 2022

Abilio and neprix present the annual figures of the Real Estate Observatory

7 December 2022

Final results of senior bond tender offer

5 December 2022

illimity alongside Trend

2 December 2022

Notice of publication of Information Document relating to a material transaction with a related party - 2 December 2022

2 December 2022

illimity successfully completed its second senior bond issuance

30 November 2022

illimity launches a liability management transaction

25 November 2022

illimity renews EMTN programme for 3 billion euro

11 November 2022

illimity – 3Q22&9M22Results – Net profit of 50.6 million euro for illimity in the first nine months 2022 (+10% yoy), with strong asset quality and capital base

31 October 2022

illimity structures the first multi-originator securitisation of corporate loans

20 October 2022

illimity supports Pernigotti, historical manufacturer of chocolate-based products

19 October 2022

b-ilty starts a new partnership with nexi to support Italian SMEs

11 October 2022

Significant upgrade in illimity’s ESG ratings

21 September 2022

Communication of changes in share capital

20 September 2022

b-ilty enters a new partnership with Microsoft Italia and IWG

13 September 2022

iREC, the second Fund of illimity SGR, has been launched

9 September 2022

illimity formalizes the appointment of the new CFO

6 September 2022

illimity supports the growth of EGEA, the multiservice company operating in the energy and environment

5 August 2022

illimity purchases a UTP portfolio for over 340 million euro of Nominal Value from MPS Group

5 August 2022

illimity – 2Q22&1H22 Results – Net profit of 31.5 million euro for illimity in the first half 2022 (+15% yoy), with strong asset quality and capital base

29 July 2022

The first two minibonds of the “Basket Bond - Sustainable Energy” programme are launched

20 July 2022

Further improvement in ESG Ratings for illimity

11 July 2022

Abilio and neprix present the first edition of the Real Estate Observatory

8 July 2022

Communication of changes in share capital

30 June 2022

Communication of changes in share capital

30 June 2022

Press release – Completion of AREC’s acquisition

24 June 2022

Notice of publication of documents – Minutes of the EGM (21 June 2022)

23 June 2022

BELIEVE, the illimity event on the world of credit

21 June 2022

EGM 21 June 2022 - Approved unanimously the share capital increase for the acquisition of AREC

21 June 2022

Summary statement of votes cast - EGM 21 June 2022

20 June 2022

illimity SGR supports Nespoli, leading global player in the production and marketing of brushes, rollers and paint tools

16 June 2022

Communication of Changes in Share Capital

15 June 2022

ESOP 2022 and MBO 2021 share capital increase

7 June 2022

illimity supports Animalia, Group of veterinary clinics caring for the health and welfare of animals

27 May 2022

2022 05 27 Requirements Verification of Management Bodies - Fit & Proper

19 May 2022

b-ilty extends its SME-dedicated offer thanks to new partnerships

18 May 2022

Notice of publication of documents for the Shareholders’ Meeting of 21 June 2022

18 May 2022

Notice of call – Extraordinary Shareholders’ Meeting 21 June 2022

18 May 2022

2022 05 18 – Notice of publication of documents – Shareholders’ meeting minutes 28 April 2022

11 May 2022

illimity – 1Q22 Results – Solid start by illimity in the first quarter of 2022 with €15.7mln net profit (+25% yoy) and confirms the growth trajectory of its Strategic Plan

11 May 2022

illimity reaches an agreement to purchase Arec that will create a leading servicer of corporate UTP

6 May 2022

illimity securities NPL portfolio

3 May 2022

illimity presents its 2021 Non-Financial-Statement

28 April 2022

Press Release – Annual General Meeting 2022

28 April 2022

illimity SGR supports Schneider, a leading company in the processing and supply of wools and natural

14 April 2022

illimity supports Synergas, a shipping company specialized in the gas sector

5 April 2022

illimity presents Quimmo, the prop-tech platform for real estate buyers and sellers

4 April 2022

Second List for the appointment of the Company Bodies has been submitted

31 March 2022

2022 03 31 – Notice of publication of documents

28 March 2022

2022 03 28 – Notice of publication of documents

18 March 2022

2022 03 18 – Notice of publication of documents

18 March 2022

Notice of call – 28 April 2022

11 March 2022

illimity approves the draft annual account 2021 – Resolves to convene Shareholders’ Meeting on 28 April 2022 – The BoD presents a list of candidates

25 February 2022

2022 02 25 - Notice of publication of documents

23 February 2022

2022 02 23 - Notice of publication of documents - Shareholders’ meeting minutes 21 February 2022

21 February 2022

illimity Shareholders’ Meeting approves the adoption of the One-Tier governance model

11 February 2022

illimity creates b-ilty, the first Digital Business Store for a million entrepreneurs

11 February 2022

illimity – 4Q21&FY21 Results – illimity delivers net profit of €65.6 million in 2021 (+111% yoy) fully in line with guidance

31 January 2022

Press release – Shareholders’ Meeting of 21 February 2022 – Clarification

28 January 2022

illimity supports the international and sustainable growth of SP

25 January 2022

illimity purchases portfolio of public procurement claims of 1.8 billion euro

23 January 2022

Excerpt from Notice of call for the shareholder’s meeting – published on IlSole24Ore on January 23rd 2022

21 January 2022

2022 01 21 – Notice of publication of documents

21 January 2022

Notice of call – 21 February 2022

21 January 2022

Press release – Shareholders’ Meeting for one-tier system

14 January 2022

2022 01 14 - Notice of publication of documents - Shareholders’ meeting minutes 15 December 2021

28 December 2021

illimity SGR finalizes new closings of its Fund

23 December 2021

illimity Bank – 2022 Financial Calendar

22 December 2021

Press release – Requirements verification of newly appointed Director

15 December 2021

illimity Shareholders’ Meeting approves the new Remuneration Policy and appoints new Board member

14 December 2021

illimity supports DEMA in its relaunch process

9 December 2021

illimity and the EIB Group together to support Italian companies

3 December 2021

illimity joins the United Nations Global Compact

2 December 2021

illimity supports Bialetti in its financial and sustainable growth plan

30 November 2021

illimity supports Grancasa in its digital development

26 November 2021

Notice of publication of documents

25 November 2021

First “Basket Bond – Sustainable Energy” launched, open to energy supply chain companies

24 November 2021

My Sport e Salute: the app for everyone's sport created by illimity

19 November 2021

Notice of publication of documents

18 November 2021

2021 11 18 - Notice of publication of documents (Errata Corrige)

18 November 2021

illimity renews the EMTN programme

17 November 2021

Fitch upgrades illimity rating to BB-

13 November 2021

Excerpt from Notice of call for the shareholder’s meeting – published on IlSole24Ore on November 13th 2021

12 November 2021

illimity joins Open-es, the digital platform for sustainable development

11 November 2021

Notice of publication of documents

11 November 2021

Notice of call – 15 December 2021

11 November 2021

illimity – 3Q21&9MH21 Results – illimity closes nine months 2021 with €46.2mln net profit (+90% vs 9M20) and confirms targets

4 November 2021

illimity on “Accelera con Amazon” to digitalise Italian SMEs

28 October 2021

illimity supports Macha in its expansion in Italy

12 October 2021

illimity supports Alessi in its international and digital development

7 October 2021

illimity purchases non-performing loans for 350 million euro

1 October 2021

Communication of changes in share capital

6 August 2021

illimity – 2Q21&1H21 Results –illimity closes first half 2021 with €27.4mln net profit and confirms targets

29 July 2021

Notice of publication of documents – Interim Financial Report, minutes of the Shareholders’ Meeting of 29 July 2021 and updated Bylaws

29 July 2021

Extraordinary Shareholders’ meeting 29 July 2021 – Unanimous approval of the share capital increase reserved to ION Group

22 July 2021

illimity announces new transactions on distressed credit

14 July 2021

illimity and FIS enter a factoring partnership in support of the pharmaceutical industry

8 July 2021

illimity purchases a portfolio of NPLs in the Green Energy sector from WRM Group

5 July 2021

illimity supports the sustainable growth of LB Officine Meccaniche

30 June 2021

illimity successfully places its first subordinated Tier 2 bond for a total amount of 200 million euro

30 June 2021

Excerpt from Notice of call for the shareholder’s meeting – published on IlSole24Ore on June 30th 2021

29 June 2021

Notice of publication of documents

28 June 2021

Notice of call for the Extraordinary Shareholders’ Meeting – 29 July 2021

28 June 2021

illimity alongside MeglioQuesto in its debut on the italian AIM market

22 June 2021

illimity approves its 2021-25 Strategic Plan: >€240 net profit target and 20% ROE in 2025

17 June 2021

illimity announces JV with Apollo

15 June 2021

fondazione illimity is born

10 June 2021

Communication of Changes in Share Capital

9 June 2021

ESOP 2021 share capital increase

31 May 2021

illimity in partnership with Kerakoll for the 110% Superbonus

27 May 2021

Directors Fit & Proper

25 May 2021

illimity in partnership with Flee for the long-term car rental service

17 May 2021

Notice of the Publication of Documents

17 May 2021

illimity for the relaunch of the Gpack Group

11 May 2021

illimity – 1Q21 Results – Good start to 2021 with €12.6mln net profit in 1Q21

7 May 2021

Notice of publication of documents – Shareholders’ meeting minutes 22 April 2021

4 May 2021

illimity supports Navigazione Montanari for its fleet renewal

28 April 2021

illimity presents its first Voluntary Non-Financial Statement

22 April 2021

Summary statement of votes cast – Shareholders’ meeting 22 April 2021

22 April 2021

illimity Shareholders’ Meeting – Approval of 2020 separate financial statements and new Board of Directors

8 April 2021

illimity begins the activity of purchasing tax credits arising from the 110% Superbonus

7 April 2021

illimity in partnership with viafintech for the Cash Deposit feature

1 April 2021

Closing of illimity SGR’s first fund

31 March 2021

Notice publication documents - Annual Report 2020 and Documents for the Shareholders' Meeting

26 March 2021

Submitted Second List for Renewal of the Board of Directors

23 March 2021

Notice publication documents

19 March 2021

The Board of Directors of illimity Approves its List of Candidates for the Shareholders' Meeting

16 March 2021

Notice of publication of documents

13 March 2021

Excerpt from Notice of call for the shareholders’ meeting – published on IlSole24Ore on March 13th 2021

12 March 2021

Notice publication documents

10 March 2021

Ordinary Shareholders’ meeting notice of call – 22 April 2021

10 March 2021

illimity approves the draft annual accounts 2020 - Amended the Bank’s Bylaws - Resolution to convene the Shareholders’ meeting on 22 April 2021

10 March 2021

illimity is appointed as a Nomad for Italy’s alternative Investment Market

25 February 2021

Notice of publication of documents

11 February 2021

illimity – 4Q20 & FY20 Results: illimity ends 2020 with a net profit of €31mln equal to an ROE of 5.5%

4 February 2021

illimity supports Frette’s business plan and its digital growth

29 January 2021

illimity is a “Great Place to Work” also in 2020

19 January 2021

illimity for the sustainable development plan of Mondial Suole

8 January 2021

illimity finalizes with York Capital two new Senior Financing deals

5 January 2021

Communication of changes in share capital

5 January 2021

illimity sells NPL portfolio of 129 million of gross book value

30 December 2020

illimity finalizes three new operations on distressed credit single name

29 December 2020

illimity Bank – 2021 Financial Calendar

29 December 2020

Notice publication documents Shareholders Meeting

29 December 2020

Joint Venture HYPE – Deeds of contribution executed

29 December 2020

Press Release

23 December 2020

illimity purchases 21 million euro loan receivables to Gruppo Franco Barberis

22 December 2020

illimity Shareholders' Meeting approves the share capital increase to execute the JV in HYPE

14 December 2020

illimity finances Smemoranda Group in the sign of digital innovation

3 December 2020

illimity successfully completes its first bond issue: placed a 3-year senior preferred bond of 300 million euro

27 November 2020

First rating assignment of the Fitch Ratings agency to illimity

27 November 2020

Notice of publication of documents

25 November 2020

illimity supports Amut for its plan for growth in the recycling industry

23 November 2020

Excerpt from Notice of call for the shareholders’ meeting – published on IlSole24Ore on November 23rd 2020

21 November 2020

Notice of publication of documents

21 November 2020

Notice of call

13 November 2020

Notice of the publication of documents

11 November 2020

Good progress in illimity’s results for the third quarter of 2020

11 November 2020

illimity purchases a new portfolio of UTP loans from UniCredit

3 November 2020

illimity supports Citieffe in its growth in Italy and abroad

21 October 2020

illimity finalizes the purchase of new distressed credit from UniCredit for 700 million euro

1 October 2020

illimity supports Be Power in investing in sustainable energy

1 October 2020

illimity renews the EMTN programme

28 September 2020

Two new senior financing deals for illimity with Borgosesia and Zetland

22 September 2020

Joint Venture illimity - Fabrick (Gruppo Sella) in the fintech HYPE with target of 3 million customers

3 September 2020

illimity ordinary shares admitted for trading on the STAR segment of the Italian Stock Exchange

25 August 2020

illimity alongside Ferretto Group in support of its growth plan

10 August 2020

illimity completes its share buyback program serving its Long Term Incentive Plan (LTIP)

7 August 2020

illimity and Banca Ifis sign their first deal for the sale of a granular npl portfolio worth 266 million euro

6 August 2020

Avviso di deposito documentazione

5 August 2020

illimity starts its share buyback program serving its Long Term Incentive Plan (LTIP)

4 August 2020

illimity doubles quarterly profit from 5 to 10 million euro in the second quarter 2020

21 July 2020

New DCIS and senior financing transactions for illimity

9 July 2020

illimitHER is born for enhancing the potential of young women

3 July 2020

illimity signs a new senior financing transaction with Davis&Morgan for 13 million euro

17 June 2020

Comunicazione di variazione del capitale sociale

16 June 2020

Welcome illimity hubs, an innovative collaboration model that makes its debut with MiMoto and Fitbit

15 June 2020

illimity Bank - ESOP 2020 Share Capital Increase

8 June 2020

illimity publishes its first sustainability profile just one year after starting activities

29 May 2020

illimity enters the Energy distressed credit market

29 May 2020

Comunicazione di variazione del capitale sociale

27 May 2020

The deed of contribution for the acquisition of the remaining 30% of IT Auction was signed

25 May 2020

Illimity takes an active part in Milan Digital Week

25 May 2020

Illimity Academy is born: the first master's degree in credit management

22 May 2020

Avviso documenti a disposizione

20 May 2020

illimity purchases and restructures TRE Holding debt

12 May 2020

Solid start for illimity in the first quarter of 2020

11 May 2020

The Payment Initiation Service (PIS) makes its debut in Italy with illimitybank.com

22 April 2020

Ordinary and Extraordinary Shareholders’ Meeting of illimity Bank

22 April 2020

Assessment of the new Director requirements and composition of Committees

20 April 2020

New telemedicine services by illimity and AON

9 April 2020

New Senior Financing and Purchase of Distressed Loans Transactions

1 April 2020

Avviso documenti a disposizione per Assemblea

31 March 2020

Letter to Shareholders

31 March 2020

Avviso messa a disposizione documenti

24 March 2020

Avviso messa a disposizione documenti

23 March 2020

Avviso messa a disposizione documenti

22 March 2020

Estratto avviso di convocazione assemblea - pubblicato su IlSole24Ore

20 March 2020

Notice of call for the ordinary and extraordinary Shareholders’ meeting of illimity Bank S.p.A. on 22 April 2020

18 March 2020

illimity supports NED Reti distribuzione GAS with a financing of 12 million euro

5 March 2020

2019 accounts and 30% ITAuction buyout approved

12 February 2020

illimity assets reach 3 billion euro in its first year of activity and posts a net profit already in the fourth quarter.

6 February 2020

First sale of retail NPL for illimity

23 January 2020

illimity in partnership with AON and Helvetia

23 January 2020

illimity recognized as a Great Place to Work

16 January 2020

New 2020-2022 supplementary agreement signed by illimity

9 January 2020

illimity banking group announces the closing of the acquisition of 70% of IT Auction

30 December 2019

illimity acquires NPL for about 1.6 billion euro from MPS

11 November 2019

Significant acceleration for illimity in the third quarter

16 October 2019

illimity premiata da EFMA come miglior banca nella categoria Neobank and specialized players

27 September 2019

illimity acquires distressed loans with a Gross Book Value of over 850 million euro

27 September 2019

illimity establishes an EMTN Programme

26 September 2019

Avviso di deposito documentazione

23 September 2019

Comunicazione di variazione del capitale sociale

23 September 2019

Avviso di deposito documentazione

17 September 2019

illimity closes a 110 million euro senior financing deal with Cerberus on a secured corporate UTP loans portfolio

17 September 2019

Avviso di deposito documentazione

13 September 2019

Press Release – Clarification

12 September 2019

illimitybank.com takes off the new direct bank

10 September 2019

Ordinary and Extraordinary meeting of the Shareholders of illimity bank s.p.a.

9 September 2019

Conditional share rights annulment and issue of conversion shares

30 August 2019

illimity initiates the process for launching an asset management company investing in distressed loans

7 August 2019

Avviso di deposito documentazione

6 August 2019

Avviso di deposito documentazione

5 August 2019

Avviso di deposito documentazione

2 August 2019

illimity's positive trend accelerates in the second quarter of 2019

31 July 2019

illimity acquires NPL with a gross book value of about 700 million euro, reaching 3 billion euro

26 July 2019

illimity acquires NPL portfolios with a Gross Book Value of more than 340 million euro

24 July 2019

illimity is partner of Campus Party Italia a key event for young people on innovation and creativity in Milan

3 July 2019

illimity alongside Dovevivo to strengthen its growth with funding of eur 22.5 million

28 June 2019

New NPL senior financing transactions and purchase of NPL portfolios for over 555 million euro

26 June 2019

illimity enters an agreement for the acquisition of IT Auction

12 June 2019

Azimut and illimity join forces with respect to Direct Banking

7 June 2019

Comunicazione di variazione del capitale sociale

30 May 2019

illimity, the first Italian Cloud native bank, announcement of a partnership with Microsoft for joint technological development

13 May 2019

illimity 1Q19 Results

16 April 2019

illimity signs an agreement to purchase a NPL leasing portfolio

12 April 2019

illimity bank s.p.a. ordinary shareholders’ meeting

21 March 2019

New NPL senior financing transactions for illimity

21 March 2019

Avviso di deposito documentazione

15 March 2019

illimity purchases new NPL portfolios with gross nominal value of euro 95 million active in all segments of the NPL business, illimity enters also the NPL leasing market

11 March 2019

The Board of Directors of illimity resolved to convene the general meeting on 12 April 2019

6 March 2019

illimity FY18 and Business Plan progress

6 March 2019

illimity deal with Calvi

5 March 2019

First day of trading on the MTA for the Ordinary Shares and Conditional Share Rights of illimity the new digital bank specialised in lending to SMEs and NPLs

25 February 2019

Borsa Italiana ha disposto l’ammissione a quotazione sul Mercato Telematico Azionario delle azioni ordinarie e dei diritti di assegnazione di illimity

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Contacts

box-grad-pelati

Fabio Pelati

Head of IR & Sustainability

+39 335 7853370

fabio.pelati@illimity.com

Analyst

illimity is being analyzed by the following:

INTESA SANPAOLO

Manuela Meroni

+39 349 4234504

manuela.meroni@intesasanpaolo.com

EQUITA

Andrea Lisi

+39 02 6204 275

a.lisi@equita.eu

KEPLER CHEUVREUX

Anna-Maria Benassi

+39 02 8550 7215

abenassi@keplercheuvreux.com

BANCA AKROS
GRUPPO BANCO BPM

Luigi Tramontana

+39 02 4344 4239

luigi.tramontana@bancaakros.it

BNP PARIBAS EXANE

Michele Baldelli

+39 02 8963 1744

michele.baldelli@exanebnpparibas.com

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