BPER Group - Supervisory Review and Evaluation Process ECB

BPER Banca SpA ("BPER" or the "Bank") informs that the European Central Bank ("ECB"), in relation to the Supervisory Review and Evaluation Process (“SREP”), announced that it will not issue any decision on the prudential requirements in 2020 and, therefore, the Bank will have to comply with the requirements currently in place, also taking into account the regulatory change introduced since 12 March 2020.

Based on this, it is confirmed that BPER will have to maintain a minimum capital ratio in terms of Common Equity Tier 1 ("CET1 ratio") of 8.125% on a consolidated basis for 2021, consisting of the sum of the minimum regulatory Pillar 1 requirement of 4.5%, the additional Pillar 2 requirement of 1.125% and the Capital Conservation Buffer of 2.5%, while the minimum Total Own Funds requirement ("Total Capital ratio") must be equal to 12.5%.