DBRS Morningstar Correction: Banco BPM SpA

DBRS Ratings GmbH (DBRS Morningstar) corrected an April 2, 2020 press release in which the Capitalisation Grid
Summary Grade was “Moderate/Weak” instead of “Moderate”. This has now been corrected to “Moderate”, and the revised press release is available on the DBRS Morningstar website.

For more information on this credit or on this industry, visit www.dbrsmorningstar.com.