Going forward the merger procedure through absorption of BPER Services into BPER Banca

BPER Banca S.p.A. ("BPER Banca" or the "Merging Company") and BPER Services S.C.p.A. (the "Company to be Merged") - having duly obtained the authorization from the competent Supervisory Authority - have taken a step forward aimed at finalizing the mergere transaction as their respective Managing Bodies have resolved upon the merger transaction through absorption of BPER Services into BPER Banca.

The Merging Company’s resolution has been approved by its Board of Directors since no requests have been notified by its Shareholders - pursuant to Article 2505, paragraph 3, of the Italian Civil Code - within the given time limit; therefore, not causing the above resolution to fall within the Shareholders’ Meeting authority for its approval.

Minutes of said resolution - having been filed with the Register of Companies – are now posted on the website www.bper.it and www.gruppobper.it, as well as made it available to the public at the registered office under terms as set forth by the law currently in force.

Once the as set out in Article 57, paragraph 3, of the Legislative Decree No. 385/93 expires, the Merger Deed will be then executed and filed for registration with the Register of Companies.