Bff Bank

Board/Management Information • Apr 22, 2022

PRESS RELEASE

Resignation of Francesca Sandrolini as Chairman of the Board of Statutory Auditors and replacement with Claudia Mezzabotta as Substitute Statutory Auditor.

Milan, 22 April 2022 – BFF Bank S.p.A. ("BFF" or the "Bank") announces that, today, Ms. Francesca Sandrolini, Statutory Auditor and Chairman of the Board of Statutory Auditors, has resigned from her position with immediate effect, for exclusively personal reasons.

In this regard, Ms. Sandrolini - wishing BFF a successful future - stated that her decision had exclusively been motivated by personal reasons, related to the unexpected health situation of a close family member, which will require "a particularly significant extra-work commitment, incompatible with the time needed to adequately fulfil her role as Chairman of the Bank's Board of Statutory Auditors".

Francesca Sandrolini was appointed from the list submitted by Studio Legale Trevisan & Associati on behalf of a group of minority shareholders during the Ordinary Shareholders' Meeting held on 31 st March 2022.

There are no indemnities or other benefits due following termination of office.

Pursuant to Article IA.2.6.7 of the Instructions to the Regulation of Markets organised and managed by Borsa Italiana S.p.A., it should also be noted that, on the basis of the information made available to the Bank, as of today, Ms. Francesca Sandrolini does not hold, either directly or indirectly, any BFF ordinary shares.

Accordingly, pursuant to the law and the Articles of Association, as of today's date, Claudia Mezzabotta, the current Substitute Statutory Auditor elected from the minority list submitted to the Ordinary Shareholders' Meeting of 25th March 2021, shall take over as Standing Auditor and shall remain in office until the next Shareholders' Meeting.

Claudia Mezzabotta's curriculum vitae, together with the list of positions held, is available at the Bank's registered office and on the Bank's website at Governance > Board of Statutory Auditors.

***

This pressrelease is available on-line on BFF Group's website www.bff.com within the Investors > PR& Presentations section.

BFF Banking Group

BFF Banking Group is the largest independent specialty finance in Italy and a leading player in Europe, specialized for the management and non-recourse factoring of trade receivables due from the Public Administrations,securities services, banking and corporate payments. The Group operates in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia and Spain. BFF is listed on the Italian Stock Exchange. In 2021 it reported a consolidated Adjusted Net Profit of €125.3 million, with a 17.6% Group CET1 ratio at the end of December 2021. www.bff.com

Contacts

Investor Relations Caterina Della Mora investor.relations@bff.com +39 02 49905 631 | +39 335 1295 008

Media Relations Italy and International Press Alessia Barrera, Sofia Crosta newsroom@bff.com +39 02 49905 616 | +39 02 49905 623 | +39 340 3434 065