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Capital/Financing Update • Dec 2, 2021

Informazione Regolamentata n. 1967-85-2021		Data/Ora Ricezione 01 Dicembre 2021 22:29:45	Euronext Milan
Societa'	:	DOVALUE
Identificativo Informazione Regolamentata	:	154865
Nome utilizzatore	:	DOVALUEN08 - Franchi
Tipologia	:	REGEM
Data/Ora Ricezione	:	01 Dicembre 2021 22:29:45
Data/Ora Inizio Diffusione presunta	:	02 Dicembre 2021 07:30:03
Oggetto	:	Completion of two GAGS securitisations in Italy for €3.5 billion
Testo del comunicato

Vedi allegato.

PRESS RELEASE

COMPLETION OF TWO GACS SECURITISATIONS IN ITALY FOR EURO 3.5 BILLION

Rome, December 2nd, 2021 – doValue S.p.A. ("doValue", or the "Company") is pleased to announce the completion of two important GACS securitisations in Italy for an aggregate value of approximately €3.5 billion, where the Company, also through its subsidiary Italfondiario, acts as Master and Special Servicer.

These GACS securitisations demonstrate doValue's leadership in such segment, having achieved a market share of more than 70% in 2021 on the new GACS mandates assigned.

The two important GACS securitisations are related to a portfolio of secured and unsecured nonperforming loans for approximately €2.2 billion originated by UniCredit (of which €1.5 billion already part of doValue assets under management) and to a portfolio of non-performing loans equal to approximately €1.3 billion originated by banks belonging to the Gruppo Bancario Cooperativo Iccrea (and by other important Italian credit institutions).

In particular, the GACS securitisations related to Iccrea represents a unicum on the market, as it is the first transaction in Italy combining underlying non-performing loans and leasing contracts structured under the GACS framework. Therefore, such securitisation adds a further distinctive element to doValue's track record, having also been involved, between 2020 and 2021, in the securitisation of the Relais leasing portfolio by UniCredit for €1.6 billion.

The aggregate value of approximately €3.5 billion corresponds to additional gross book value for doValue equal to €2.0 billion. Such amount represents part of the stock of mandates won and not yet onboarded (equal to €10.0 billion) already discussed in the context of the 9M 2021 results.

doValue, formerly doBank S.p.A., is the leading operator in Southern Europe in credit management and real estate services for banks and investors. Present in Italy, Spain, Portugal, Greece and Cyprus, doValue has over 21 years of experience in the sector and manages assets for approximately €160 billion (Gross Book Value) with over 3,200 employees and an integrated offer of services: special servicing of NPLs, UTP, Early Arrears, and performing positions, real estate servicing, master servicing, data processing and other ancillary services for credit management. doValue is listed on Euronext Milano ("EXM") and recorded in 2020 gross revenues of approximately €421 million and an EBITDA excluding non-recurring items of €127 million.

Contacts

+39 02 89011300 +39 02 83460127

Image Building doValue - Investor Relations dovalue@imagebuilding.it investorrelations@dovalue.it