Founded in Credem Group Updated at 06/30/2015 TOP MANAGEMENT. Branches, corporate centres and financial stores Employees 5,852

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1 Credem Group Updated at 06/30/2015 Founded in 1910 TOP MANAGEMENT 636 5, billion 18.5 billion Branches, corporate centres and financial stores Employees Financial advisors with mandate Creacasa financial subagents Financial agents specialiazed in loans based on the cessione del quinto * Assets under management Direct customers deposits Chairman Giorgio Ferrari 5.1 billion Insurance reserves General Manager Deputy general manager Adolfo Bizzocchi Angelo Campani 21.4 billion Loans to customers Deputy general manager Nazzareno Gregori 2.5 billion Capitalization (at 08/07/2015) *Loans repaid monthly by the employer of the borrower withinstalments equal to one fifth of borrower s salary 1

2 Credem group historical milestones May, 5, 1910 The constitution of the new bank takes place. The company name is Banca Agricola Commerciale 1982 Acquiring of the Belinzaghi bank in Milano 1983 Company name changes from Banca Agricola Commerciale to Credito Emiliano (Credem) 1986 The board of directors nominates Giorgio Ferrari chairman of the bank Credem acquires several banks (like Istituto bancario siciliano and Girgenti bank in 1991, Creditwest bank and Comuni vesuviani bank in 1995 and Banca della provincia di Napoli in 1998) 1993 The Credem Group is established, led by Credito Emiliano Holding company 1994 Credem acquires Euromobiliare group 1997 Credem is listed on the italian stock exchange 2001 Adolfo Bizzocchi is the new general manager 2003 The project of internal development of Credem goes on, especially in Nord-west and through the adriatic ridge 2007 Creacasa, a loan and insurance products company, is launched 2008 The bank concludes the purchase of some branches from Citibank, Unicredit and Banco Popolare Today The Group is made up of 636 branches, corporate centres and financial stores and capitalises over 2.5 billions* *Source: Borsa italiana (at 08/07/2015) 2

3 Credem group structure Updated at 06/30/2015 COMMERCIAL BANKING BANCASSURANCE ASSET MANAGEMENT OTHER BUSINESS CREDEMVITA CREDEMHOLDING Commercial Banking Life Insurance and Pension Fund Asset Management Holding Company CREDEMLEASING CREDEMASSICURAZIONI CREDEMTEL Leasing Insurance against Damages Private banking Remote banking and Document Management CREDEMFACTOR CREDEM INTERNATIONAL LUX MAGAZZINI GENERALI DELLE TAGLIATE Factoring International Private and Corporate Banking Parmesan Cheese Warehousing and Seasoning Financial Advisor Sicav Fiduciary Company CREDEM PRIVATE EQUITY SGR CREDEM CB Asset Management Special Purpose Vehicle to be used for the Covered Bond issuing programme as per ex. L. 130/99 CANOSSA CB Special Purpose Vehicle to be used for the Covered Bond issuing programme as per ex. L. 130/99 3

4 Credem group local distribution and key data CREDEM Group Number of branches and market share Results at 06/30/ /30/ /30/2014 % 19 0,8% 9 0,8% 4 0,4% 72 1,1% 28 0,8% 127 3,8% 7 1% Operating income % Net operating profit % 5 0,6% 38 1,7% 8 5 0,7% 0,9% 27 1,1% 3 0,6% 1 0,7% 45 2,7% 2 0,8% 50 3,6% Direct deposits 18, % Assets under management Loans to customers 22, % 21, % 31 6,1% Net NPLs ratio 1.7% 1.6% ,7% Net profit 119, % Updated at 06/30/2015 4

5 Credem group shareholders base Updated at 06/30/2015 Pact among 213 shareholders About 3000 shareholders 75.44% 24.56% Credemholding Free float Main Credemholding shareholders* % Cofimar S.r.l. 19,97** Max Mara Fashion Group S.r.l. 8,10** 76.87% Credem SpA 23.13% Max Mara Finance S.r.l. 8,30 Pictet & Cie S.A. 4,99 Fincorrad S.R.l. 3,45 Eredi Savioli S.r.l. 3,23 Padana Tubi e Profilati Acciaio S.p.a. 2,14 * With individual share ownership more than 2% ** Value for share with voting rights 5

6 National ranking Updated at 08/07/2015 NATIONAL CAPITALIZATION RANKING* (EURO BILLION) Banca Intesa 54,6 Unicredit 37,5 UBI Banca Banco Popolare Mps Bpm Bper Banca Generali Credem Pop Sondrio Creval Carige Ifis Intermobiliare 6,6 5,7 5,2 4,3 3,8 3,5 2,5 2,1 1,4 1,4 1,2 0,5 *Source: Borsa italiana. Banks with over 0,5 euro billions capitalization at 08/07/2015 6

7 Top management GIORGIO FERRARI Chairman of Credem since 1992, chairman of Credito Emiliano Holding since 1986 Other current positions: chairman of Credemvita; deputy-chairman of Credemassicurazioni; member of Euromobiliare asset management Sgr and Banca Euromobiliare Board of Directors. Download here ADOLFO BIZZOCCHI Credem general manager since Other current positions: chairman of Credemtel; deputy-chairman of Credemvita; Download here member of Credemfactor, Credemleasing, Banca Euromobiliare, Credemassicurazioni and Creacasa Board of Directors 7

8 Board Board of directors (appointed on ) Board of statutory auditors (on ) chairman Giorgio Ferrari chairman Giulio Morandi deputy chairman Ignazio Maramotti * Lucio Zanon di Valgiurata * members Romano Alfieri Enrico Corradi * Giorgia Fontanesi Ugo Medici * Ernestina Morstofolini ** Benedetto Renda Paola Schwizer ** Corrado Spaggiari ** Giovanni Viani statutory auditors alternate auditors Maurizio Bergomi Maria Paglia Gianni Tanturli Tiziano Scalabrini * Members of the executive committee ** Indipendent directors ex art. 148, comma 3, D.Lgs. nr. 58/1998 (TUF)) 8

9 Credem group photos Spalletti Trivelli palace Credem headquarters Download here Download here Download here 9

10 Contacts: Media Relations Credem For further informations please click here In accordance with paragraph 2 of Article 154 bis of the Consolidated Law on Finance, the Financial Reporting Manager Paolo Tommasini declares that the accounting information contained in this document correspond to documentary records, ledgers and accounting entries. 10

Customer deposits and assets: net inflow in 2002 of some 4 billion. Total thus up to 46,301 million (+7.2%*).

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