Cross Border Merger by absorption of Emro Finance ltd. into BPER

Notice is hereby given that the deed governing the cross border merger by absorption of Emro Finance into BPER Banca - executed on the 25^th July 2016 - has been filed with the Companies’ Registers in Modena.

The merger shall take effect as of 1^st August 2016, either from an accounting and tax perspective.

The merger deed has been posted on the website www.bper.it, section Investor Relations - Main Operations - and is also available to the public at the registered office premises.