Ministero dell'Economia e delle Finanze

                         Auction Results: BTP 5 YEARS
                              Date: April 29, 2026


ISIN Code                                                         IT0005707614
Tranche                                                                        1st
Coupon(*)                                                                  3.15%
Issue date                                                         May 04, 2026
Maturity Date                                                     June 01, 2031
Auction Date                                                      April 29, 2026
Settlement Date                                                    May 04, 2026
Amount Max Offered                                                     4,000.000
Amount Min Offered                                                     3,500.000
Amount Bid                                                             6,136.000
Amount Allotted                                                        4,000.000
Allotment Price                                                             99.34
Bid To Cover Ratio                                                            1.53
Gross Yield                                                                3.32%
Accrued Coupon Days                                                                  0
Placement Fee                                                              0.15%
Price for Individual Investors                                        99.340000
Price for fiscal purpose                                                   99.340
Amount Offered to Specialists                                          1,200.000

                                  Issue Volume

Outstanding                                                            4,000.000
Allotted to Specialists in supplementary
                                                                            0.000
placements and/or syndacated

(*) First short coupon: 0,242308 with accrual period: May 04, 2026 - June 01, 2026
(28 days) - After the first, the ordinary cycle will be: Dec 01 - Jun 01


Nominal Amounts are expressed in millions of Euros.
Gross Yields are calculated on 365 days basis.