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Bper Banca Capital/Financing Update 2020

Apr 1, 2020

4395_rns_2020-04-01_b4ab5bf8-4d89-470c-abcf-a57d972e8603.pdf

Capital/Financing Update

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PRESS RELEASE

Fitch affirmed the ratings of BPER Banca and maintained the Rating Watch Negative ("RWN") due to the uncertainties related to the health emergency

Modena – 1 April 2020. BPER Banca informs that today the rating agency Fitch Ratings, as part of its the annual ratings review, affirmed the ratings of the Bank and maintained the Rating Watch Negative ("RWN") on BPER's Long-Term Issuer Default Rating, Viability Rating and some debt ratings as a consequence of the uncertainties about the economic impacts and financial markets relating to the health emergency in Italy.

BPER's ratings are as indicated below:

  • Long-term Issuer Default Rating: 'BB' on RWN
  • Short-term Issuer Default Rating: 'B'
  • Viability Rating: 'bb' on RWN
  • Long-term Deposit Rating: 'BB+' on RWN
  • Long-term Senior Unsecured Rating: 'BB' on RWN
  • Long-term Subordinated debt: 'B+' on RWN

The original text of the press release published by Fitch is available on the rating agency's website (www.fitchrating.com).

BPER Banca S.p.A.

The press release is also available in the storage device. Contacts:

Investor Relations External Relations Gilberto Borghi Eugenio Tangerini Tel. (+39)059/202 2194 Tel. (+39)059/202 1330 [email protected] [email protected]

www.bper.it - https://istituzionale.bper.it/

This is a translation into English of the original in Italian. The Italian text shall prevail over the English version.

BPER Banca S.p.A, head office in Modena, via San Carlo, 8/20 -Tax Code and Modena Companies Register no. 01153230360 – Company belonging to BPER BANCA VAT GROUP VAT number no. 03830780361 - Share capital Euro 1,443,925,305 ABI Code 5387.6 - Register of Banks no. 4932 - Member of the Interbank Deposit Guarantee Fund and of the National Guarantee Fund - Parent Company of the BPER Banca S.p.A. Banking Group - Register of Banking Groups no. 5387.6 - Tel. 059.2021111 - Telefax 059.2022033 - e-mail: [email protected] - Certified e-mail (PEC): [email protected] - bper.it - istituzionale.bper.it