• Total net inflows at €1,049 million in May (€3.8 billion YTD)
• Net inflows of Assets under Investment at €736 million (€1.6 billion YTD)

Milan, 3 June 2026 – Banca Generali’s net inflows amounted to €1,049 million (+72% YoY) in May, bringing the cumulative figure to €3.8 billion YTD, up +41% compared to the same period of the previous year.

Alongside the sustained volume growth, the figure stands out for the quality of its mix, with net inflows of managed solutions amounting to €894 million, recording a nearly fivefold increase compared to the same month of the previous year (€1.6bn YTD, +139% YoY). The result was driven by the success of the new product lines launched in May and aimed at portfolio diversification and protection over the medium to long term.

The net inflows of managed solutions were driven by the excellent contribution of in-house funds amounting to €818 million in the month (€1.1 billion YTD), after the successful launch of the new investment solutions of Sicav LUX IM. In addition, financial wrappers (€65 million in May, €358 million YTD) and insurance wrappers (€28 million in May, €100 million YTD) continued to record positive net inflows. With regard to Other Assets, net inflows amounted to €313 million (€2.2 billion YTD), driven especially by Assets under Custody, which recorded €265 million net inflows (€1.6 billion YTD).

Chief Executive Officer and General Manager Gian Maria Mossa stated: “May delivered the bestever result in our history for this period of the year, in terms not only of volumes, but above all of the quality of the net inflows mix, which is increasingly oriented to managed solutions. The nationwide launch of new investment solutions from our management company has met with strong interest from our clients, reflecting the growing attention to innovative and progressive investment strategies, particularly focused on portfolio protection in a complex market context. In addition, our financial and insurance wrappers continue to perform well, remaining a key element of our product range, thanks to their flexibility and personalisation features able to meet the needs of increasingly sophisticated clients. Our Financial Advisor Network continues to grow with the arrival of new experienced professionals and young talents, confirming the attractiveness of our model and our investments in people. From a strategic standpoint, the development of synergies with Intermonte is helping to expand our positioning towards the entrepreneurial client segment and to strengthen the control of the Assets under Custody value chain. At the same time, the insurbanking partnership with Alleanza is being completed with the rollout across their insurance agents’ network, with encouraging feedback in terms of interest and commercial activation. These growth drivers and our Financial Advisor Network’s quality and commitment allow us to look with confidence to the evolution of the coming months.”