Coupon: [•]%, per annum, payable in arrears on each Coupon Payment Date, short first
Coupon Payment Date(s): 30 January of each year, starting from 30-Jan-27
Extended Period FRN Coupon: 1 month Euribor + [•]bps, per annum, Act/360
Redemption Price: 100% of the Nominal Amount
Day Count Fraction: Actual/Actual (ICMA) unadjusted
Business Day: TARGET2
Business Day Convention: Following Business Day Convention
Selling Restrictions: As per Base Prospectus
ISIN: IT0005719288
Listing: Dublin Stock Exchange
Documentation: Issued off Banco di Desio e della Brianza S.p.A EUR 3bn Covered Bond Programme dated 25-Sep-25, unconditionally and irrevocably guaranteed as to payments of interest and principal by DESIO OBG S.r.l.
Governing Law: Italian Law
Target Market: Manufacturer target market (MIFID II/UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) or UK CCI product summary has been prepared as not available to retail in the EEA or the UK.