The securitization called “POP NPLS 2021” has been completed. The transaction was carried out through a multi-originator sale of a portfolio of bad loans for a total gross book value of € 789.2 million, of which € 420.9 million referable to Banca Popolare di Sondrio S.C.p.A. - The guarantee of the Italian State (“GACS”) will be requested on the senior tranche.