Workforce optimisation agreement signed between the BPER Banca Group and trade unions

Following completion of the workforce optimisation process approved as per communication dated 23 September 2021, entailing the exit of approximately 1,700 employees, including via the banking industry’s Solidarity Fund, BPER Banca announces it has yesterday evening signed an agreement (the “Agreement”) with the Group’s trade unions, aimed at promoting generational and professional turnover, combined with a reduction in the Group’s workforce, which will allow a structural decrease in personnel expenses.