Supplementary agreement for the acquisition of a going concern from Intesa Sanpaolo Group

Modena - 15 June 2020. With reference to the agreement signed on 17 February 2020 with Intesa Sanpaolo S.p.A (“Intesa Sanpaolo”), pursuant to which, upon completion of the voluntary public exchange offer (the “PTO”) launched by Intesa Sanpaolo on the entire share capital of UBI Banca S.p.A. (“UBI”), BPER Banca S.p.A. (“BPER” or “BPER Group” and, together with Intesa Sanpaolo, the “Parties”) will purchase a going concern (the “Going Concern”) from Intesa Sanpaolo Group (the “Transaction”), a supplementary agreement was signed today by the Parties (the “Supplementary Agreement”), aiming at defining more precisely the perimeter of the Going Concern to be acquired.