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Share Issue/Capital Change • Jul 19, 2017

Not for release, publication or distribution, directly or indirectly, in Australia, Canada, Japan or the United States. These materials are not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). doBank S.p.A. does not intend to register any part of the offering in the United States or to conduct a public offering of Shares in the United States. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from doBank S.p.A. and will contain detailed information about the company and management, as well as financial statements. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. This document is an advertisement and is not a prospectus for the purposes of the Prospectus Directive. A prospectus prepared pursuant to the Prospectus Directive will be published. Investors should not subscribe for any securities referred to in this document except on the basis of information contained in the prospectus. In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.

Press release

pursuant to Article 8 letter f) and Article 6, paragraph 3 of Commission Delegated Regulation (EU) 2016/1052 dated March 8, 2016

EXERCISE OF THE GREENSHOE OPTION AND TERMINATION OF THE STABILISATION PERIOD POST STABILISATION ANNOUNCEMENT

Verona, July 19, 2017 – doBank S.p.A. ("doBank") has been informed by Citigroup Global Markets Limited ("Citigroup") acting as the stabilisation agent in connection with doBank's shares, that on 18 July 2017 the Joint Global Coordinators, also in the name and on behalf of the underwriting syndicate, exercised in full the greenshoe option (and therefore in respect of 3,470,000 doBank shares). The exercise of the greenshoe option ends the stabilisation period with immediate effect.

The purchase price of the option shares is Euro 9.00 per share, equal to the offer price in the Institutional Offering, for an aggregate consideration of Euro 31,230,000.

Settlement of the shares relating to the greenshoe option will take place on 21 July 2017.

The Institutional Offering, including the greenshoe shares, comprises a total of 38,170,000 ordinary shares of doBank, equal to approximately 47.71% of its share capital (calculated on the entire share capital, including treasury shares representing 2.19% of the same).

In addition, doBank, on the basis of the information received by Citigroup and also on its behalf, announces that, during the stabilization period, from the listing of doBank's share on the Mercato Telematico Azionario organised and managed by Borsa italiana S.p.A. (14 July 2017) through the date hereof, no stabilization activities have been carried out.

In connection with the Institutional Offering, Citigroup, J.P. Morgan and UniCredit Corporate & Investment Banking acted as Joint Global Coordinators and Joint Bookrunners and Banca Akros acted as Co-Lead Manager. UniCredit Corporate & Investment Banking also acted as Sponsor. Rothschild Global Advisory acted as financial advisor to the Company and the Selling Shareholder.

This press release is released also on behalf of Citigroup Global Markets Limited pursuant to Article 8 letter f) and art. 6, paragraph 3 of Commission Delegated Regulation (EU) 2016/1052 dated March 8, 2016.

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The doBank Group

doBank is the leading independent servicer in the management of loans – mainly non performing – on behalf of banks and public and private financial institutions, with Euro 81 billion (in terms of gross book value) of loans under management as of December 31, 2016, more than 50% of the volume of the non-performing loans under management in the Italian independent servicing market and equal to approximately one-third of the total volume of non-performing loans in that market.

As of December 31, 2016, the gross revenues of the Group, as resulting from the pro-forma consolidated financial information, were equal to approximately Euro 206.2 million, comprised of 93% from revenues from servicing activities, 4% from ancillary products and 3% from other secondary banking activities.

Contacts

Image Building doBank S.p.A. Simona Raffaelli – Vanessa Corallino – Ilaria Mastrogregori dobank@imagebuilding.it

Investor Relations doBank S.p.A. Manuela Franchi 06 47979312

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