Bper Banca — M&A Activity 2021

Dec 21, 2021

PRESS RELEASE

BPER BANCA TAKES NOTE OF THE RESPONSE FROM THE INTERBANK DEPOSIT PROTECTION FUND TO ITS NON-BINDING OFFER FOR THE ACQUISITION OF CARIGE

Modena - 21 December 2021. At its meeting today, the Board of Directors of BPER Banca S.p.A. ("BPER Banca") took note of the content of the letter of the Interbank Deposit Protection Fund ("FITD") dated 20 December 2021, whereby the Non-Binding Offer (the "Offer") submitted by BPER Banca on 14 December for the acquisition of a shareholding of 88.3%¹ of the share capital of Banca CARIGE ("CARIGE"), including 8.3%¹ held by Cassa Centrale Banca, was deemed unacceptable.

In FITD's view, the Offer would, inter alia, be "subject to multiple elements that would require clarification and deep-dive analysis".

In this connection, while emphasising that the Offer would provide a definitive solution to the issues of CARIGE for the protection of its customers, minority shareholders and all of its stakeholders, BPER Banca reiterated to the Fund its willingness to provide the clarification requested and carry out the deepdive analysis deemed necessary, as well as to jointly verify the assumptions underlying the Offer, with all of this occurring within the context of an appropriate exclusivity agreement.

BPER Banca S.p.A.

Contacts:

Investor Relations investor.relations@bper.it External Relations relest@bper.it

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

This press release is also available in the storage device.

¹ Shareholding based on Carige's current share capital.

BPER Banca S.p.A., Head Office in Via San Carlo 8/20, Modena - Tax Code and Modena Companies Register No. 01153230360 – Company belonging to the BPER BANCA GROUP VAT, VAT No. 03830780361 – Share capital Euro 2,100,435,182.40 - 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. +39 059.2021111 - Telefax +39 059.2022033 - email: servizio.clienti@bper.it - Certified e-mail (PEC): bper@pec.gruppobper.it - bper.it – istituzionale.bper.it