illimity
Data In Motion Tour
06 October 2022

illimity Bank S.p.A. (“illimity”) is the
parent company of the Group of the same name.
Everything began in January 2018 when SPAXS
S.p.A. (“SPAXS”) was launched, becoming the
largest Italian Special Purpose Acquisition
Company and one of the biggest in Europe.
The focus was to acquire and capitalise a company
in the banking industry, with €600 million raised.
The purchase of Banca Interprovinciale S.p.A.
(“Banca Interprovinciale”) in 2018 and the merger
with SPAXS formed the basis for the creation of
illimity Bank, which since the 5th of March 2019 is
listed on the Italia Stocj Exchange’s MTA equities
market and since the 10th of September 2020 on
the STAR segment.
illimity is a new paradigm bank that
specialises in lending to SMEs, using a truly
innovative and highly technological business model
>700 illimiters
• lends to companies that have real potential,
with low or no ratings, even if they are in the
non-performing SME segment
(Unlikely-To-Pay).
• acquires secured and unsecured distressed
corporate credits, to then service these
using its neprix platform.
• offers innovative direct digital banking
services for retail and corporate customers
through its own direct digital bank,
illimitybank.com.
• sets up and manages, through illimity
SGR , alternative Investment Funds, the first of
which is dedicated to UTP credits
Our Business
- illimity Bank S.p.A
Who we are

>700 illimiters
Our People
Corrado Passera
CEO
Francesco Mele
former CFO & Head of
Central Functions(1)
Andrea Clamer
Distressed Credit
Division
Enrico Fagioli
Growth Credit
Division
Carlo Panella
Direct Banking
Division
- Experience and diversity to foster
innovation and creativity
• balanced gender mix
• 36 years average age
• from >300 different
organizations of more than
20 industries
• Highly-experience
d top management
team
• Entrepreneurial
attitude
• Strong diversity in
illimiters by industry,
gender and age
Founders
>830 illimiters
Note: (1) On August 5 2022 illimity announced that the Board of Directors, having acknowledged the resignation of the CFO & Head of Central Functions Francesco Mele, has resolved to identify Silvia Benzi as the new
Chief Financial Officer (CFO) of illimity. Following the positive completion of the regulatory process on September 8 2022, illimity formalized the appointment of Silvia Benzi as the new Chief Financial Officer (CFO) of the
Bank, with effect from September 19 2022.

• Pervasive digitalisation in our
products, processes and procedures
with data-driven decision making
• Open architecture to foster innovation
and increase efficiency
• Combination of digital & human
- We want to fully exploit the shift from
analogic to digital in the financial services market:
products, channels and processes
Natively Fully
Digital
Fully
In-cloud
Advanced
analytics
Open & fully
modular IT
architecture
Artificial
Intelligence &
Machine
Learning

• Fully scalable: natively in-cloud, no
dimensional constraints
• Easily integrates third – party
systems and applications
• A single data lake of structured and
unstructured data
- Unique IT architecture – technology can
replace scale
Machine Learning Advanced analytics
Product machine
Digital Touchpoints
CRM
Regulatory requirements - Cyber security
P
Integration with
SME customers’
IT systems
Integration with
product
partners
and Fintech
NPL
ad hoc systems
SME
ad hoc systems
Direct Bank
ad hoc systems
Cloud
Data lake
Big and Fast
data
A
PI
New
Core
Banking
system
ITI: Information Technology illimity ITI key strengths

• Advanced data analytics
• Fully Al-based and real-time
decision-making processes
• Programmable assets
• Data becoming collaterals
- At forefront in technology, but we are just
at the beginning
• Data-driven procedures
• Direct channels
• Modular and in-cloud architectures
• Enhanced and fast decision-making
processes
• Open and cross-industry platforms
TODAY… …TOMORROW
New business models and disruptive products and services