Share exchange transactions and share capital change, merger

Notice is hereby given that due to the merger by absorption of Banca Popolare del Mezzogiorno S.p.A., Banca della Campania S.p.A. and Banca Popolare di Ravenna S.p.A. (hereinafter the "Merged Companies") into Banca popolare dell'Emilia Romagna soc. coop.
(hereinafter "BPER" or the "Merging Company") the Merged Companies’ shares have been canceled and newly issued BPER shares - bearing regular ranking for dividends – have been assigned to shareholders other than the Merging Company.

As a result of the above, BPER share capital has been increased by Euro 4,891,326.00 through the issuance of 1,630,442 new shares, amounting it overall to Euro 1,443,925,305.00 represented by 481,308,435 ordinary shares, each with a par value of Euro 3.00.