Consolidated interim Report on operations as at 30 September 2019 approved

July completion of the strategic operations involved in the acquisition of:

• Unipol Banca, with the simultaneous sale of approximately € 1 billion of bad loans;
• minority interests in Banco di Sardegna;
• another stake in Arca Holding, reaching 57.1% of its share capital.

As a result, Unipol Banca and Arca Holding entered the BPER Group's scope of consolidation from 1 July 2019.