BANCA SELLA HOLDING S.P.A.

Banca Sella Holding S.p.A. is the parent company of Gruppo Sella, an Italian banking and financial services group headquartered in Biella and founded in 1886, with controlling ownership linked to the Sella family; the holding coordinates strategy, risk, capital and governance across operating entities while most customer relationships and deposits sit with subsidiaries. The group’s main businesses include retail and commercial banking via Banca Sella S.p.A.; private banking and wealth management via Banca Patrimoni Sella & C.; asset management through Sella SGR; consumer credit via Sella Personal Credit; leasing via Sella Leasing; payments and merchant acquiring under the Axerve brand; and open banking and banking-as-a-service infrastructure through Fabrick. Products and services span current accounts, debit and credit cards, payments and collections, mortgages and consumer loans, SME lending, trade finance, foreign exchange and treasury, investment services and online brokerage, with digital channels and APIs complementing a domestic branch network; merchant services include POS, e-commerce gateways and omnichannel acceptance, while Fabrick provides account aggregation and payment initiation to third parties. The group is supervised by the Bank of Italy and the European Central Bank within the EU prudential framework, its banking entities participate in Italy’s deposit guarantee scheme, and it is subject to PSD2, strong customer authentication rules and standard conduct requirements. Earnings are driven by a mix of net interest income from traditional banking and fee income from payments, asset management and advisory; results are sensitive to ECB rate cycles, credit conditions in Italian household and SME segments, and competitive pressure in digital payments and open finance. Funding is primarily through customer deposits at Banca Sella, supplemented by wholesale and secured sources as needed; liquidity and capital metrics are reported in regulatory disclosures and managed to meet SREP and internal risk appetite limits. Innovation initiatives include Sellalab and the venture programs run via dpixel, and the group has been involved in partnerships in consumer fintech (for example around the HYPE wallet alongside other shareholders), reflecting a strategy that combines proprietary banking with platform-based services. Prospective users and counterparties should review terms, fees, service levels and risk disclosures at the operating-company level, as offerings differ across subsidiaries and channels, and note that Banca Sella Holding S.p.A. itself is a holding company rather than a deposit-taking entity.