REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE

Transcription

1 Società cooperativa Head office at Via San Carlo 8/20, Modena, Italy Modena Companies Register and Tax code/vat no Register of Banks no and Register of Cooperatives no. A Member of the Interbank Deposit Guarantee Fund and of the National Guarantee Fund Variable share capital REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE in accordance with art. 123-bis of Legislative Decree 58 dated 24 February 1998 (Consolidated Finance Act or CFA) (standard model for administration and control) Modena, 3 March 2015

2 INTRODUCTION PROFILE OF THE ISSUER INFORMATION ON THE OWNERSHIP STRUCTURE (ART. 123-BIS, PARAGRAPH 1, LEGISLATIVE DECREE 58/98) STRUCTURE OF SHARE CAPITAL (ART. 123-BIS, PARAGRAPH 1.A), LEGISLATIVE DECREE 58/98) RESTRICTIONS ON THE TRANSFER OF SECURITIES (ART. 123-BIS, PARAGRAPH 1.B), LEGISLATIVE DECREE 58/98) SIGNIFICANT HOLDINGS OF SHARE CAPITAL (ART. 123 BIS, PARAGRAPH 1.C), LEGISLATIVE DECREE 58/98) SECURITIES CARRYING SPECIAL RIGHTS (ART 123 BIS, PARAGRAPH 1.D), LEGISLATIVE DECREE 58/98) SHARES HELD BY EMPLOYEES: MECHANISM FOR EXERCISING VOTING RIGHTS (ART. 123-BIS, PARAGRAPH 1.E), LEGISLATIVE DECREE 58/98) RESTRICTIONS ON VOTING RIGHTS (ART 123-BIS, PARAGRAPH 1.F), LEGISLATIVE DECREE 58/98) AGREEMENTS BETWEEN SHAREHOLDERS (ART 123-BIS, PARAGRAPH 1.G), LEGISLATIVE DECREE 58/98) CHANGE OF CONTROL CLAUSES (ART 123-BIS, PARAGRAPH 1.H), LEGISLATIVE DECREE 58/98) AND PROVISIONS OF THE ARTICLES OF ASSOCIATION RELATING TO TAKEOVER BIDS (ARTS. 104, PARAGRAPH 1-TER, AND 104-BIS, PARAGRAPH 1) MANDATES TO INCREASE SHARE CAPITAL AND AUTHORISATIONS TO PURCHASE TREASURY SHARES (ART. 123-BIS, PARAGRAPH 1.M), LEGISLATIVE DECREE 58/98) MANAGEMENT AND COORDINATION ACTIVITIES (ART ET SEQ. OF THE ITALIAN CIVIL CODE) ADOPTION OF CODES OF CONDUCT (ART 123-BIS, PARAGRAPH 2.A), LEGISLATIVE DECREE 58/98) BOARD OF DIRECTORS APPOINTMENTS AND REPLACEMENTS (ART. 123-BIS, PARAGRAPH 1.L), LEGISLATIVE DECREE 58/98) COMPOSITION OF THE BOARD (ART 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) Maximum accumulation of offices that can be held in other companies ROLE OF THE BOARD OF DIRECTORS (ART. 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) CHAIRMAN OF THE BOARD OF DIRECTORS RESPONSIBLE BODIES Chief Executive Officer Executive Committee (under art. 123-bis, paragraph 2, letter d), Legislative Decree 58/98) Information for the Board of Directors OTHER EXECUTIVE DIRECTORS INDEPENDENT DIRECTORS LEAD INDEPENDENT DIRECTOR PROCESSING OF CORPORATE INFORMATION BOARD COMMITTEES (ART. 123-BIS PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98)

3 7 NOMINATIONS AND COMPENSATION COMMITTEE COMPOSITION AND FUNCTIONING OF THE NOMINATIONS AND COMPENSATION COMMITTEE (ART. 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) FUNCTIONS OF THE NOMINATIONS AND COMPENSATION COMMITTEE REMUNERATION OF DIRECTORS INDEMNITIES FOR DIRECTORS WHO RESIGN, ARE TERMINATED OR CEASE TO SERVE FOLLOWING A PUBLIC OFFER FOR THE PURCHASE OF SHARES (ART 123-BIS, PARAGRAPH 1.I), OF LEGISLATIVE DECREE 58/98) CONTROL AND RISK COMMITTEE COMPOSITION AND FUNCTIONING OF THE CONTROL AND RISK COMMITTEE (ART. 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) FUNCTIONS ATTRIBUTED TO THE CONTROL AND RISK COMMITTEE INDEPENDENT DIRECTORS COMMITTEE COMPOSITION AND FUNCTIONING OF THE INDEPENDENT DIRECTORS COMMITTEE (ART. 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) FUNCTIONS OF THE INDEPENDENT DIRECTORS COMMITTEE STRATEGY COMMITTEE COMPOSITION AND FUNCTIONING OF THE STRATEGY COMMITTEE (ART. 123-BIS, PARAGRAPH 2 LETTER D), LEGISLATIVE DECREE 58/98) FUNCTIONS OF THE STRATEGY COMMITTEE SYSTEM OF INTERNAL CONTROL AND RISK MANAGEMENT FINANCIAL REPORTING PROCESS - RISK MANAGEMENT AND INTERNAL CONTROL SYSTEMS (AS PER ART BIS, PARAGRAPH 2, LETTER B) OF LEGISLATIVE DECREE 58/98) DIRECTOR RESPONSIBLE FOR THE SYSTEM OF INTERNAL CONTROL AND RISK MANAGEMENT HEAD OF INTERNAL AUDIT ORGANISATION MODEL (DECREE 231/2001) AUDIT FIRM MANAGER RESPONSIBLE FOR PREPARING THE COMPANY'S FINANCIAL REPORTS AND MANAGERS IN CHARGE OF CONTROL FUNCTIONS COORDINATION OF ALL THOSE INVOLVED IN THE SYSTEM OF INTERNAL CONTROL AND RISK MANAGEMENT DIRECTORS' INTERESTS AND RELATED-PARTY TRANSACTIONS AND/OR ASSOCIATED PERSONS APPOINTMENT OF STATUTORY AUDITORS

4 19 COMPOSITION AND FUNCTIONING OF BOARD OF STATUTORY AUDITORS (ART. 123-BIS, PARAGRAPH 2.D), LEGISLATIVE DECREE 58/98) RELATIONS WITH MEMBERS AND SHAREHOLDERS SHAREHOLDERS' MEETINGS OTHER CORPORATE GOVERNANCE PRACTICES (ART. 123-BIS, PARAGRAPH 2.A), LEGISLATIVE DECREE 58/98) GENERAL MANAGEMENT BOARD OF ARBITERS CHANGES SINCE THE END OF THE YEAR

5 GLOSSARY ECB Banca popolare dell Emilia Romagna or Issuer or Bank or Parent Company or Company or BPER Borsa Italiana or Borsa Italian Civil Code or Civil Code Code of Conduct or Code Board of Statutory Auditors or Statutory Auditors Board of Directors or Board or B.o.D. CONSOB Supervisory Provisions FTSE MIB BPER Group or Group Stock Market Instructions MTA Stock Market Regulation Issuers' Regulation European Central Bank, head office at Frankfurt am Main (Germany), Sonnemannstrasse 20. Banca popolare dell Emilia Romagna Società cooperativa, head office in Via San Carlo 8/20, Modena, (Italy) Parent Company of the BPER Group. Borsa Italiana S.p.A., head office at Piazza degli Affari 6, Milan (Italy) The Italian Civil Code. The Code of Conduct for listed companies, approved in July 2014 by the Committee for Corporate Governance and promoted by Borsa Italiana S.p.A., ABI, Ania, Assogestioni, Assonime and Confindustria. The Board of Statutory Auditors of Banca popolare dell Emilia Romagna. The Board of Directors of Banca popolare dell Emilia Romagna. National Commission for Companies and the Stock Exchange with head office in Via G.B. Martini 3, Rome (Italy). Supervisory Provisions for Banks issued by the Bank of Italy with Circular 285 of 17 December 2013 and subsequent amendments and integrations. The FTSE MIB Index measures the performance of 40 Italian equities and seeks to replicate the broad sector weightings of the Italian stock market. The Index is derived from the universe of stocks trading on the main market of Borsa Italiana S.p.A. Each stock is analysed for size and liquidity, and the overall Index provides a fair representation sector by sector. The FTSE MIB Index is weighted by market capitalisation after adjusting the various components on the basis of their float. The Banca popolare dell'emilia Romagna federal banking group comprising banks and finance, property and service companies, as well as various other types of company. The Instructions accompanying the Regulations for the Markets organised and managed by Borsa Italiana S.p.A. Mercato Telematico Azionario, the electronic equities market organised and managed by Borsa Italiana. The Regulation for the Stock Markets organised and managed by Borsa Italiana S.p.A. The Regulation approved by CONSOB Resolution no dated 14 May 1999 and subsequent amendments and additions. Market Regulation The Regulation approved by CONSOB Resolution no dated 29 October 2007 and subsequent amendments and additions. CONSOB Related Parties Regulation The Regulation issued by Consob with resolution of 12 March 2010 on transactions with related parties and subsequent amendments and 5

6 integrations. Report on Corporate Governance or Report Member/s and Shareholder/s Articles of association or Articles Consolidated Banking Act or Legislative Decree 385/93 Consolidated Finance Act or CFA Security The Report on Corporate Governance and the Ownership Structure (Report on corporate governance) that companies are required to prepare pursuant to art. 123-bis Legislative Decree 58/98. Given the nature of BPER as a cooperative bank, being a Shareholder is not necessarily the same as being a Member. Pursuant to art. 9 of the articles of association, Shareholders who wish to be admitted as a Member must apply in writing to the Board of Directors. If the application is accepted, the applicant is notified and the Shareholders' Register is updated. In the absence of admission as a Member, the only rights that may be exercised in relation to shares held are those relating to the equity of the Bank. For further details, see Paragraph 2.1. The articles of association of Banca popolare dell Emilia Romagna in force at the date of this Report. Legislative Decree no. 385 dated 1 September 1993 (Consolidated law on banking and lending matters) and subsequent amendments and additions. Legislative Decree no. 58 dated 24 February 1998 (Consolidated law on financial intermediation) and subsequent amendments and additions. European Central Bank and/or Bank of Italy. 6

7 Introduction Pursuant to art. 123-bis of Legislative Decree 58/98, companies that issue securities admitted for trading in regulated markets are required to prepare and publish an annual "Report on corporate governance and ownership structure" containing the information required by the above law. Pursuant to art. 89-bis of the Issuers' Regulation, the Report has to state whether the issuer has not adopted, or does not intend to continue to adopt, a code of conduct for corporate governance promoted by the companies that manage regulated markets or by trade associations; and if the issuer does adopt it, the Report has to give the reasons why one or more of its provisions have not been adopted. The Report must also indicate the governance practices actually adopted by the Company, over and above those required by current legislation or regulations. Preparation of this Report has taken account inter alia of the "Code of Conduct" proposed by Borsa Italiana S.p.A., as amended in July Even though BPER currently does not see fit to adopt it formally, this report is largely based on the "Format for the report on corporate governance and ownership structure" prepared by Borsa Italiana S.p.A. in January The indications of the Italian Stock Exchange for the preparation of the Report have been supplemented by additional information considered necessary to provide adequate information to members/shareholders and to the market, as well as reported in CONSOB Communication DEM/ of 24 February 2011 on "Enquiries pursuant to Article 114, paragraph 5, of Legislative Decree no. 58 of 24 February 1998, on remuneration, self-assessment of the administrative body and succession plans - Recommendations regarding information on compensation provided for by art. 78 of Regulation no of 14 May 1999, as amended", for which reference should be made to Section 8.1 of this Report. The previous Reports on corporate governance prepared by Banca popolare dell Emilia Romagna, so as this one, are available on the website in the Governance - Documents Section, as well as on Borsa Italiana S.p.A.'s website 7

8 1 Profile of the Issuer Banca popolare dell Emilia Romagna was incorporated on 1 December 1984, with deed dated 29 December 1983, following the merger of various banks, all more than 100 years old. It is a cooperative company with registered offices in Via San Carlo 8/20, Modena, Italy. The Issuer is listed on the Mercato Telematico Azionario (MTA) organised and managed by Borsa Italiana and is part in the formation of the Dow Jones STOXX 600 Index. The BPER stock is also included in the FTSE MIB index, which means that it is traded on The After Hours (TAH) market of the Multilateral Trading Facility (MTF). The objects of the Bank are to gather savings and make loans in various forms to both members and nonmembers, applying the principles underpinning the cooperative movement. Members who are also customers can access special benefits on products and services, including free insurance cover for "Accidents", "Snatch, theft and robbery" and "Third-Party Liability", custody and administration of their BPER shares at no cost, lower fees for the rental of safe deposit boxes. There is also a 10% discount on certain items involved in the maintenance of current accounts, new subscriptions of certain insurance policies and the issuance of special certificates of deposit, as well as a special credit card exclusively for members. Other benefits are also available for shareholders who attend the Shareholders' Meeting to approve the Financial Statements (for details, see the website In addition, a series of non-banking benefits for the Members were confirmed and updated for 2015, having been implemented through agreements with partners operating in various different sectors, including welfare, tourism, car rentals, technology and airports. A special website has been created to support this initiative. It contains all pertinent information and there is even a call centre service reserved for Members. For specific financial and contractual conditions, reference should be made to the information sheets and pamphlets available for customers at all Bank's branches. The Bank also aims to assist the development of productive activities, with particular reference to small and medium-sized firms, and encourages all forms of savings by the public. In compliance with current regulations, the Bank is able to carry out all transactions and provide all permitted banking and financial services, including all transactions that contribute to or are related to the achievement of its corporate objects and institutional goals. Since its inception, the Bank has adopted the standard system of administration and control described in paras. 2, 3 and 4 of Section VI-bis, Chapter V, Title V, Book V of the Civil Code, which envisages the existence of a Board of Directors and a Board of Statutory Auditors. As things stand, the advantages offered by the alternative models of governance envisaged in arts octies et seq. of the Civil Code are not considered sufficient to make them preferable to the system already selected. Banca popolare dell Emilia Romagna is the parent of the Banking Group of the same name that was formed in Group companies are subject to management control and coordination (as per art. 61 Legislative Decree 385/93) by the Parent Company, which provides guidelines for implementation of the instructions issued by the Bank of Italy in the interests of the Group and its stability. At the end of 2014, the BPER Group in Italy comprises 3 banks, in addition to the Parent Company itself, 7 finance-sector companies and 5 property and service companies; as well as the following foreign companies: BPER (Europe) International s.a. (Grand Duchy of Luxembourg) and Em.Ro. Finance Ireland Ltd (Ireland). Note that at the end of 2014 the consolidation area also included Polo Campania S.r.l., Melior Valorizzazioni Immobili S.r.l., Adras S.p.A. 1, Italiana Valorizzazioni Immobiliari S.r.l. and Galilei Immobiliare S.r.l.; they are not formal members of the Group, since they do not contribute directly to its banking activities. The maintenance of flexibility and separate identities in the various regional markets is accompanied by careful exercise of the Parent Company's management and coordination role. This balances the recognition of operational autonomy with appropriate governance at Group level, ensuring that strategies and strategic 1 In June 2013, BPER acquired 100% of Sarda Vibrocementi S.r.l., subsequently renamed Adras and then transformed into an S.p.A. (joint-stock company) at the Shareholders Meeting on 13 February

9 directions are consistent. Corporate Social Responsibility During 2014, the CSR function (which operates on behalf of the entire Group and is carried out by the External Relations and CSR Office) focused on the following areas: the creation of BPER's second Sustainability Report which was presented at the Shareholders' Meeting last April. This report does not set out to be a genuine sustainability report, but to act as a summary of one that allows the reader, in a few pages, to appreciate the Parent Company's efforts on behalf of its stakeholders in The brochure is available in print at BPER branches and electronically on along with a video presentation. The 2014 report contains some new features: the materiality matrix, studies on Financial Education, the Charity Trust, Arms Policy, the prevention of Pathological Gambling, as well as a check on the achievement of the objectives set for This report ends with a list of links and addresses to enhance the process of interaction with stakeholders; Microcredit: in addition to the relationship with PerMicro s.p.a. and MXIT (Microcredito per l'italia Impresa Sociale s.p.a.), the "Avere credito" project, promoted by Fondazione CR Carpi (Modena) and the "Fides et Labor" initiative of the Diocese of Carpi are also available at local level in the Carpi area (Modena); as regards measures to prevent Pathological Gambling, a double event was organised at the Forum Monzani entitled "Fate il nostro gioco!", in collaboration with the CNA and the Municipality of Modena, as part of the "Club imprese modenesi per la RSI" project. The event on 20 February 2014 saw the participation of 550 high school students in the morning and 650 people in the evening. Two young Turin science communicators from the company "Taxi 1729" explained - in an appealing way - the calculation of the probabilities associated with gaming and betting, showing that, in the end of the day, gambling doesn't pay; support for training apprenticeships for youngsters in Italy and abroad (managed by Uniser Onlus), which are a further evolution of the scholarships granted by the Bank to deserving young people, in order to create good jobs; activation at Group level of financial education classes (promoted by the "Patti Chiari" Consortium), addressed to students of junior high schools ("The Junior Economic Footprint ). The CSR function also prepared and held lessons for high school students that focused on "Education on Conscious Consumption and Saving"; the organisation along with Etica SGR s.p.a. of the conference entitled "Investire per bene la finanza non è un gioco", which was held in Modena on 19 June The topic was investment with respect for human rights, which had an excellent response in terms of participation and appreciation; participation in the "Reggio Emilia alliance for a society without mafias" (as the only member bank together with Banca Popolare Etica s.c.p.a.), a local multistakeholder entity for the supervision and defence of legality; the preparation and teaching of the lesson on CSR in the various editions of the "Ethics in BPER" training course aimed at employees, who showed considerable appreciation for the contents; participation as representatives of the BPER Group in Working Groups (ABI, Patti Chiari, Forum for Sustainable Finance, Fondazione Giordano dell'amore, Club Imprese modenesi per la RSI, Centro Servizi per il Volontariato di Modena etc.) on the theme of Sustainability, Microfinance and financial inclusion; participation in the Provincial Laboratory of Reggio Emilia Companies for CSR that led to a project called "Financial Education in favour of the local territory", which was explained at the conference organised by the Chamber of Commerce of Reggio Emilia on 10 July 2014; the production and in-house distribution of reports summarising studies of trends, forecasts, social and economic matters by external bodies, particular in the field of CSR, in order to grasp the dynamics taking place in society and in the territory where the Group operates; the realisation of the 2013 Report on the Arms Industry (FY 2012), in compliance with the relevant 9

10 Group Guidelines on dealings with the Armed Forces and arms manufacturers. Through this report, for the first time, the BPER Group explains with maximum transparency a sensitive and controversial topic, indicating the number of companies covered by the above mentioned guidelines, the funding they have used and details of payments tracked for the purposes of Law 185/90; membership of the "Carbon Disclosure Project" (CDP) by filling in a detailed questionnaire by the Group's Technical and Property Unit; this document details the tons of CO2 saved by BPER in 2013 and its targets for 2014, with a view to continuously improving the environmental sustainability of the Bank. CDP is an international independent non-profit organisation of global importance, which provides companies and cities with the only global system for measuring, publishing, managing and sharing key environmental information. CDP acts on behalf of 767 institutional investors that manage assets totalling 92,000 billion dollars, collecting information from companies on their greenhouse gas emissions, the steps they have taken to manage the risks and opportunities related to climate change and water resource management. CDP today manages the largest worldwide database on climate change, water and forest resources, and makes it available to support political, strategic and investment choices; publication of the guide to Pathological gamblers and banking services (a first at national level), together with the Reggio Emilia non-profit Papa Giovanni XXIII, L.A.G. in Vignola and the Centro Servizi per il Volontariato di Modena (Service Centre for Voluntary Work); adoption of the Decree issued by the Ministry of the Economy and Finance (MEF) and the Ministry of Economic Development (MISE), which sets out the obligations of banks towards firms that have a Legality Rating. 10

11 2 Information on the ownership structure (art. 123-bis, paragraph 1, Legislative Decree 58/98) Decree 3 (urgent measures for the banking system and investment) was published on 24 January 2015 (Official Gazette 19), requiring among other matters the transformation of cooperative banks into companies with liability limited by shares (S.p.A.) if their total assets exceed 8 billion euro (on a consolidated basis if the bank is the parent of a banking group). This Decree, which must be presented to Parliament for conversion into law, envisages compliance within 18 months of the entry into force of the enabling instructions to be issued by the Bank of Italy pursuant to art. 29 of Legislative Decree 385/1993. Banca popolare dell'emilia Romagna falls within the scope of the cooperative banks covered by this law. This 2014 Report does not take account of the above Decree, which had not yet been converted into law by the time the Report was approved. 2.1 Structure of share capital (art. 123-bis, paragraph 1.a), Legislative Decree 58/98) The share capital of the Bank is variable and is represented by the number of shares issued. The issue of shares, which is without limit, may be decided in the following ways: routinely by the Board of Directors; exceptionally, by a resolution adopted at an Extraordinary Shareholders' Meeting. Given that the shares are traded on a regulated market, pursuant to art. 6 of the articles of association, the issue of new shares can only be decided by the Extraordinary Shareholders' Meeting, which, however, can also authorize the Board of Directors to issue shares and bonds convertible into shares of the Company. At 31 December 2014, the Bank's subscribed and paid share capital amounts to Euro 1,443,925,305 split into 481,308,435 ordinary shares with par value of Euro 3.00 each. The share capital structure at 31 December 2014 is made up as follows: STRUCTURE OF SHARE CAPITAL AT 31/12/2014 Type of shares No. of shares % of share capital Listed (specify markets) Rigths and obligations / Unlisted Ordinary Shares % All shares are listed on Voting rights if a member MTA (Mercato Telematico Azionario) Equity rights Shares with limited voting rights / / / / Shares without voting rights / / / / 11

12 At 31 December 2014 there were no convertible bond loans. You are reminded that Shareholders are not necessarily Members, given that BPER is a cooperative bank. No shares have been issued in other categories. Pursuant to art. 9 of the articles of association, shareholders who wish to be admitted as a member must apply in writing to the Board of Directors of the Bank, confirming their acceptance of the articles of association and the members' regulations. The Board resolves, with reasons, on the application for admission as a member, having regard for the interests of the Bank, the requirements of the articles of association and the cooperative spirit. If the application is accepted, the applicant is notified and the Shareholders' Register is updated. In the absence of admission as a Member, the only rights that may be exercised in relation to shares held are those relating to the equity of the Bank. The admission as a member is subject to owning a certain minimum number of shares, which is fixed at least once a year by the Board of Directors, pursuant to art. 8, paragraph 3, of the articles of association. The last resolution on this matter was adopted at the Board meeting held on 28 October 2014, which confirmed 100 as the minimum number of shares to be held. Individuals, minors included, bodies corporate and legal entities (such as companies, associations, foundations, and UCITS) may be admitted as members. Admission as a member is subordinate to verification that the applicant shares the objects of the Bank, its interests and the cooperative spirit. Unless denied by other circumstances, this requirement is presumed to be met if the applicant fulfils all the following conditions: (i) owns at least 100 shares in the Bank; (ii) has maintained, for at least 90 days, a customer relationship with the Bank or other banks within the banking group and has shown correctness in the conduct of such relationship. if the above conditions are not fulfilled, the Board of Directors may make a reasoned decision to admit the applicant, who, otherwise, demonstrates that the objects of the Bank, its interests and the cooperative spirit are all shared. In this case, the Board of Directors, by mere way of example, may take account of the following circumstances: (i) that the applicant is a respected person, in terms of appointments held and professional qualities, who increases the prestige of the Bank; (ii) that the applicant, by reason of the profession or activities carried on, may make business introductions useful for the Bank; (iii) with regard to foundations and UCITS, the materiality of the capital contribution provided to the Bank by the subscription of shares and/or debt securities issued by the Bank. The Board of Directors may refuse membership, even though the requirements are met, if applicants do not provide sufficiently transparent information about their identity and activities, confirming that they share the objectives and interests of the Bank and the cooperative spirit. In any event membership will be denied to: (i) those who force the Bank to take legal action by failing to comply with contractual obligations; (ii) banned or forbidden persons and those who have been sentenced with the exclusion from holding public office or executive positions in companies, whether on a temporary or permanent basis; (iii) individuals, bodies corporate and legal entities that, acting as go-betweens, hold assets for the benefit of others and do not disclose sufficiently transparent information regarding the real identity and / or activities of the owner, thereby preventing verification that the admission requirements established in the regulation are met; (iv) those responsible for acts that damage the interests or the prestige of the Bank, or in conflict with the Articles of Association and with the cooperative spirit; (v) all legal entities and bodies corporate, whose applicable regulations (by reason of their head office or any other criterion) do not guarantee, in terms of ownership structure, composition, organisation and activities, 12

13 transparency equivalent to that under Italian law, having taken account of measures and/or recommendations of Supervisory Authorities and/or market regulation. Membership is formalised, following adoption of the resolution of admission by the Board of Directors, by recording the new member in the Register of Members. Applicants whose applications for membership have been rejected are entitled to appeal to the Board of Arbiters, using a specific form made available by the Bank. The Board of Arbiters, supplemented by a representative of the applicants concerned, rules within thirty (30) days of the appeal. Membership lapses if the party concerned is found to hold fewer than the required number of shares (currently at least 100 shares in the Bank). The Regulations for admission to Membership are published on the Bank's website in the Members' Section. Lastly, note that the remuneration plans submitted to the Shareholders' Meeting, which will be published in the "Governance" - "Corporate Bodies" - "General Meeting" section of the Bank's website, consist of "phantom stock plans", which means that they do not lead to any allocation of shares that would involve an increase in capital, bonus issues included. 2.2 Restrictions on the transfer of securities (art. 123-bis, paragraph 1.b), Legislative Decree 58/98) Pursuant to art. 30 of the Legislative Decree 385/93, as amended recently by Decree Law 179 of 18 October 2012 coordinated with the conversion law 221 of 17 December 2012, no one can hold shares in cooperative banks in excess of 1% of the share capital (previously the limit was set at 0.50%), subject to the statutory right to impose tighter limits, though not less than 0.50%. As an exception, the limit for mutual funds (UCITS) is established in their individual regulations. According to the text of art. 30 of the Legislative Decree 385/93, another exception can be expected from the articles of association, which will be able to set a ceiling of 3% for the participation banking foundations that exceed this limit as of 19 December 2012 (the date that Law 221/2012 comes into force), if the overrun is the result of business combinations. It remains understood that this participation cannot be increased and the amendment does not have any impact on the more stringent limits laid down by the rules of these entities nor on the approvals required by law. Art. 12 of the Bank articles of association provides that no one may hold a number of shares for a total nominal value that exceeds the limit on participation established by law. Persons who, due to inheritance or for other reasons, become holders of shares whose nominal value exceeds the maximum established by law, must dispose of the excess shares within one year of such excess being notified. If this period elapses without effect, the Board of Directors suspends the payment of dividends on the excess shares and redeems them in accordance with art. 7.2 of the articles of association. For further information, see the articles of association. Transactions in shares carried out by relevant parties and by persons closely associated with them pursuant to art. 114 of the Legislative Decree 58/98 and arts. 152 sexies, septies and octies of the Issuers' Regulation are subject to the instructions on Internal Dealing. The Bank has adopted specific regulations and internal procedures for the required reporting, with the adoption of the Internal Dealing rules which is published in the Shareholders' Special Section" of the Bank's website ( 2.3 Significant holdings of share capital (art. 123 bis, paragraph 1.c), Legislative Decree 58/98) Pursuant to art. 30 of the Legislative Decree 385/93 and art. 12 of the articles of association, no one may hold shares for a total nominal value that exceeds the limit on participation established by law (1% of the share capital, though this limit does not apply to UCITS, for which, as we said, the limit is established in their individual regulations - see the previous paragraph). 13

14 There are no significant holdings of share capital, whether directly or indirectly, subject to notifications made pursuant to art. 120 of the Legislative Decree 58/98. The Bank is however aware of one shareholder, authorised to exceed the above limit, that owns more than 1% of share capital (specifically 1.99%). 2.4 Securities carrying special rights (art 123 bis, paragraph 1.d), Legislative Decree 58/98) At the time of this Report, no securities carrying special rights of control and/or other special power have been issued, nor multiple or increased voting shares. The articles of association do not provide for the issue of multiple or increased voting shares. 2.5 Shares held by employees: mechanism for exercising voting rights (art. 123-bis, paragraph 1.e), Legislative Decree 58/98) There are no special share ownership systems for employees or special mechanisms for exercising the voting rights of employee shareholders. Employee Members may give their proxy to another Member attending Shareholders' Meetings (as all other shareholders) but, pursuant to art. 24 of the articles of association and art of the Italian Civil Code, they may not be proxyholders themselves. The same applies to the employees of BPER subsidiaries. 2.6 Restrictions on voting rights (art 123-bis, paragraph 1.f), Legislative Decree 58/98) Pursuant to art. 30 of the Legislative Decree 385/93 and art. 24 of the articles of association, given the Issuer's legal status as a Cooperative Bank, each shareholder has the right to one vote, regardless of the number of shares held. Pursuant to art. 24 of the articles of association and art of the Italian Civil Code, shareholders have the right to attend the Meeting and exercise their voting rights if they have been recorded in the Register of Members for at least 90 (ninety) days and for whom, in accordance with current legislative and regulatory requirements, by the end of the third market trading day prior to the date set for the Meeting at first calling or by some other deadline established by current regulations, the Company has received the communication from the intermediary authorised to keep accounts on which financial instruments are registered. Members may be represented at the Meeting by another Member, in accordance with the law. Members of the Board of Directors, Board of Statutory Auditors or employees of the Company or of its subsidiaries cannot act as proxies. In any case no Member may represent more than five other Members, except in the case of legal representation, and voting by correspondence is not allowed. Again pursuant to art. 24 of the articles of association, members of the Board of Directors may not vote at Shareholders' Meeting on resolutions regarding their responsibility. Pursuant to art. 19 of the articles of association, even in the case of pledges and usufruct, the share voting rights remain with the shareholder concerned. No other restrictions on voting rights are envisaged. 2.7 Agreements between shareholders (art 123-bis, paragraph 1.g), Legislative Decree 58/98) At the time of this Report, the Bank is not aware of any agreements between shareholders, or any such agreements published pursuant to art. 122 of Legislative Decree 58/98. During the last Shareholders' Meeting held on 12 April 2014 no Members made any declarations pursuant to arts. 20 and 22 of the Legislative Decree 385/93 and arts 120 and 122 of Legislative Decree 58/98. 14

15 2.8 Change of control clauses (art 123-bis, paragraph 1.h), Legislative Decree 58/98) and provisions of the articles of association relating to takeover bids (arts. 104, paragraph 1-ter, and 104-bis, paragraph 1) At the time of this Report, neither the Bank nor its subsidiaries have signed any agreements that would become effective, be modified or lapse in the event of a change in control over the Issuer or its subsidiaries. The Bank's articles of association do not provide for the application of the neutralization rules contained in art. 104-bis, paragraphs 2 and 3 of Legislative Decree 58/98 in respect of takeover bids, nor do they derogate from the provisions on the passivity rule provided by art. 104, paragraphs 1 and 1-bis of Legislative Decree 58/ Mandates to increase share capital and authorisations to purchase treasury shares (art. 123-bis, paragraph 1.m), Legislative Decree 58/98) The Extraordinary Shareholders' Meeting of 3 September 2011 has granted to the Board of Directors, in accordance with article 2420-ter of the Italian Civil Code, the power, which can be exercised within a maximum of five years from the date of the resolution: (i) to issue, in one or more tranches, bonds convertible into ordinary shares of the Company, for a total maximum amount at par of Euro 250,000,000.00, to be offered to those entitled to them; and, therefore, (ii) to increase the share capital for payment, in one or more tranches, also in separate issues, for a total maximum amount of Euro 250,000, including any share premium, irrevocably and exclusively to serve the conversion of these bonds, by issuing ordinary shares of the Company with regular dividend and voting rights and the same characteristics as the ordinary shares of the Company in circulation at the issue date. The Extraordinary Shareholders' Meeting held on 7 June 2014 approved an increase in share capital for payment of a total maximum amount of Euro 750,000,000.00, including any share premium, to take place by 31 December 2014, in one or more tranches, by means of an issue of new ordinary shares of a par value of Euro 3.00 each, to be offered in the form of a rights issue to those entitled to them pursuant to art of the Italian Civil Code. The foregoing Extraordinary Shareholders' Meeting granted the Board of Directors the broadest possible powers to decide: (i) the issue price of the newly issued ordinary shares, including any share premium, taking into account, among other things, market conditions, the price performance of the Company's shares, its economic and financial results, as well as market practice for similar operations, nearer the time of the offer. The issue price will be determined by applying a discount to the theoretical exright price ("TERP") of the ordinary shares, calculated using current methods, based on the official market price on the trading day prior to the final decision or, if available, based on the official market price on the same day as the final decision is made. The issue price of each ordinary share, taking into account any share premium, cannot be lower than its par value (Euro 3.00);(ii) as a result of the provisions of paragraph (i), the portion of the price attributable to share capital, the maximum number of shares to be issued and the option allocation ratio, making any roundings that may be necessary; (iii) the timing for the execution of the increase in capital, in particular for the launch of the offering prior to the final deadline of 31 December 2014, and the subsequent offer of any unexercised rights to the market at the end of the subscription period. If by 31 December 2014, the increase in capital is not fully subscribed, the share capital will be increased by an amount equal to the subscriptions received. On 19 June 2014 the Board of Directors set the final conditions of the cash increase in capital for a maximum of Euro 750 million, through the issue of new shares to be offered under option to those entitled to them, the option ratio and the other conditions. The option offer of 145,850,334 newly issued ordinary shares of BPER was completed on 28 July During the offer period, which started on 23 June 2014 and ended on 18 July 2014, a total of 145,519,297 new Shares were subscribed, equal to 99.77% of the total number of shares offered, for a total of Euro 747,969,187. In accordance with the provisions of art. 2441, third paragraph, of the Italian Civil Code, BPER has offered to the Stock Exchange 756,656 option rights not exercised during the Option Period. The unexercised rights were all sold at the first session of the Offer to the Stock Exchange held on 23 July After the Offer to the Stock Exchange, a total of 331,037 newly issued ordinary shares from taking up the Unexercised Rights were subscribed, for a total of Euro 1,701,

16 The Offer closed with the entire subscription of the 145,850,334 new shares, for a total of Euro 749,670,717 so there was no need for the underwriting syndicate to intervene. On 30 July 2014, after the end of the capital increase. the new composition of the share capital (fully subscribed and paid) at 28 July 2014 has been communicated to the market. On 16 September 2014, given the resolution resulting from public deed under art bis of the Italian Civil Code, as notarised by Franco Soli, Notary Public in Modena, repertory no , file no , in approving the merger with Banca popolare Emilia Romagna soc.coop. of Banca Popolare del Mezzogiorno S.p.A., Banca della Campania S.p.A. and Banca Popolare di Ravenna S.p.A., the Board of Directors resolved to increase the share capital by issuing ordinary shares with a par value of Euro 3.00 each, with regular dividend and voting rights and the same characteristics as those in circulation, which will be reserved to service the share exchange with the shareholders, other than the Merging Company: (i) Banca Popolare del Mezzogiorno S.p.A., up to 1,676,382 shares for a maximum of Euro 5,029,146; (ii) Banca della Campania S.p.A., up to 275,879 shares for a maximum of Euro 827,637; (iii) Banca Popolare di Ravenna S.p.A., up to 1,717,006 shares for a maximum of Euro 5,151,018. On 17 November 2014 the parties signed the absorption into BPER of Banca Popolare del Mezzogiorno s.p.a. Banca della Campania s.p.a. and Banca Popolare di Ravenna s.p.a., recorded in the respective Companies Registers. The merger took legal effect on 24 November 2014, when the merger deed was recorded by BPER on the Companies Register, but took retroactive tax and accounting effect from 1 January The merger deed has been published on the website - Investor Relations - Main Transactions Section. As a consequence of the above transactions, the shares in the absorbed banks have been cancelled and new BPER shares, with normal dividend/voting rights, have been allocated in exchange to the noncontrolling shareholders. Therefore the share capital of the Parent Company has increased by Euro 4,891, through issuing 1,630,442 new ordinary shares. The current text of the articles of association, updated from time to time, is published on the Bank's website in the Governance - Documents section. By resolution of the Board of Directors pursuant to art. 17 of the Bank's articles of association, the Bank may acquire or redeem its own shares on condition that such purchase or redemption does not exceed the amount of distributable profits and available reserves allocated for this purpose by the Shareholders' Meeting, and reported in the latest approved financial statements. The Board may place with others or cancel the shares purchased. At 31 December 2014, the Bank held 455,458 treasury shares, representing 0.095% of the total number of shares making up the Bank's share capital, namely 481,308, Management and coordination activities (art et seq. of the Italian Civil Code) Given its cooperative nature, the Bank is not subject to management and coordination by other parties. 16

17 3 Adoption of codes of conduct (art 123-bis, paragraph 2.a), Legislative Decree 58/98) At the date of this Report, the Bank has not adopted the code of conduct prepared by Borsa Italiana or any other codes of conduct. The Bank and the companies within the BPER Group, with head offices in Italy, are not subject to non-italian legislation that might affect the structure of their corporate governance. Even though BPER does not consider it opportune to apply the Code of Conduct proposed by Borsa Italiana, also in consideration of its particular status as a cooperative bank, it believes that, overall and helped by the amendments made to the articles of association in recent years, the system of corporate governance adopted by the Company is in line with the principles contained in the Code, the recommendations made by the Supervisory Authority and national best practice. 17

18 4 Board of Directors 4.1 Appointments and replacements (art. 123-bis, paragraph 1.l), Legislative Decree 58/98) For the appointment and replacement of members of the Board of Directors, the Bank observes the provisions of arts. from 30 to 36 of the articles of association and the relevant implementing and transition rule at the foot of it. Pursuant to art. 2365, paragraph 2 of the Civil Code, art. 40 of the articles of associations states that it is up to the Board of Directors to approve any adjustments of the articles of association to comply with legislative requirements, as well as their merger in the cases provided for in arts and 2505-bis of the Italian Civil Code. The Chairman and the Directors are elected at the Shareholders' Meeting from among the members and remain in office for three years. Their appointments expire on the date of the Shareholders' Meeting called to approve the financial statements for the final year of their mandates, and they may be re-elected. The Board is renewed partially each year over each three-year period, to the extent of six Directors the first year, seven Directors the second year and six Directors the third year, bearing in mind that the transitional rule implementing this system, which has been inserted at the foot of the articles of association, establishes 2011 as the first year, 2012 as the second and 2013 as the third, and so on for subsequent three-year periods. The Board of Directors elects from among its number, by an absolute majority of the serving directors, the Chairman and between one and three Deputy Chairmen. They remain in office until the end of their mandate as Directors. In compliance with art of the articles, on 26 October 2010, the Board of Directors appointed as Secretary to the Board Mr. Gian Enrico Venturini, Deputy General Manager. All the Directors must be members of the Bank and must possess the attributes required for their appointment pursuant to current regulations. The composition of the Board of Directors has to ensure gender balance in accordance with current regulations. In addition, pursuant to art. 36 of the articles of association and without prejudice to the other legal reasons for which they cannot be elected or for which their appointment would lapse, the following persons cannot be members of the Board of Directors: employees of the Bank, unless they are members of General Management; the directors, employees or members of supervisory committees, commissions or bodies of competing banks or companies, unless the Bank holds investments in such banks or companies, whether directly or via companies that are members of the BPER Group. It should be noted that art. 36 of the Decree 201 of 27 December 2011 prohibits office bearers in management, monitoring and control bodies and top officials of companies or groups operating in the credit, insurance and financial services markets from accepting or exercising similar positions in competitors' companies or groups. For the purposes of this ban, companies or groups are considered competitors when there is no control relationship in accordance with art. 7 of Law 287 of 10 October 1990 and they operate in the same markets 18

19 in terms of product and geographical area. Members of the Board of Directors are elected from lists presented by members in accordance with the provisions of arts. 31 and 32 of the articles of association and shown below. In particular, the presentation of lists must meet the following requirements: the candidates must be listed in numerical order. the list has to be presented by a minimum of 500 (five hundred) members, or by members who separately or together hold BPER shares representing not less than 0.50% of the share capital; the list must contain a number of candidates equal to the number of Directors to be elected, with a number of the less represented gender to ensure that the list complies with the gender balance at least to the minimum extent required by law, rounding up to the next unit in the event of a fractional number; the candidates, who must be listed in numerical order, must include at least two that are specifically identified as meeting the independence requirements established for statutory auditors in art of Legislative Decree 58/98, as well as any additional requirements contained in the applicable legislation and regulations that may be in force from time to time; the signature of each presenting member has to be authenticated by nominees of the Company, by the intermediaries authorised to keep accounts on which financial instruments are registered, or by notaries; together with the list, the presenting members must file at the registered offices of the Company all of the documents and declarations required by law, and in any case: (i) the declarations from each candidate accepting their candidature and confirming, under their own responsibility, the absence of reasons for which they cannot be elected or other incompatibilities, and that they meet the requirements for appointment established by these articles of association and by current regulations and whether they meet the Independence Requirements; (ii) a full description of the personal and professional characteristics of each candidate, with an indication of the directorships and audit appointments held in other companies; (iii) information on the identity of the members presenting the lists, indicating their percentage shareholding, to be confirmed according to the terms and methods established by current regulations. It is worth recalling that art. 31, paragraph 2.d) of the articles of association makes reference to the terms and conditions required by law for the filing of lists at the registered office of the Company (at the date of this report, the legislation requires it to be deposited at least 25 days prior to the date of the Shareholders' Meeting at first calling). Under art. 147-ter, paragraph 1-bis of Legislative Decree 58/98, Members can use a remote means of communication to submit voting lists, in accordance with the rules laid down and communicated in the notice that convenes the Meeting. Each member or group of members can only present and vote one list of candidates. Each candidate may only appear on one list or, otherwise, will be ineligible for election. Lists that satisfy the requirements of law and of the articles of association for admission are considered valid. The articles of association do not provide criteria for exclusion from the counting of the votes such as those permitted by art. 147-ter, paragraph 1 of Legislative Decree 58/98. The election of the Board of Directors is conducted in accordance with art. 32 of the articles of association. In particular, if one or more lists are presented by the members, all of the Directors to be elected are taken, in the numerical order in which they are listed, from the one that obtains the largest number of votes, except 19

20 for one who is taken from the list that obtains the second largest number of votes, always in the numerical order in which he is listed (known respectively as the "Minority Director" and the "Minority List") in accordance with art of the Articles of association. In the event of a voting tie between lists, a ballot will be held by all the shareholders at the Meeting in order to establish a ranking for the candidates on these lists. If, at the end of voting, a number of Board members belonging to the less represented gender and/or Directors who satisfy the Independence Requirements are not elected to ensure the presence on the Board of Directors of the related minimum number of Directors, as many elected candidates as necessary have to be excluded, replacing them with qualifying candidates from the same list as the candidate to be excluded, according to the order in which they are listed. Substitutions take place first for the less represented gender and then those who satisfy the Independence Requirements. In both cases, this substitution mechanism is applied firstly, in sequence, to each of the lists that have not contributed a Director who meets the requirement in question, starting with the one that received the most votes. If this is not sufficient or if both of the first two lists have contributed at least one Director who meets the requirement in question, the substitution is to be applied, in sequence, to both lists, starting with one that received the most votes. Within the lists, the substitution of candidates to be excluded is applied starting from the candidates with the highest progressive number. If, even by applying these substitution mechanisms, it is not possible to complete the minimum number of Board members belonging to the less represented gender and/or Directors who meet the Independence Requirements, the Meeting has to elect the missing Directors by resolution passed by a relative majority on the proposal of the members present. In this case, the substitutions apply, in sequence, to each of the lists, starting from the one that received the most votes and, within the lists, starting from the candidates with the highest progressive number. If only one valid list is presented, all the directors to be elected are taken from that list. If no valid lists are presented by the shareholders, the Board of Directors may present to the Shareholders' Meeting a pre-compiled voting card, also in electronic form, containing a non-binding list of candidates. In this case, all shareholders may alter all or part of the voting form, both deleting the candidates for which they do not intend to vote and, if desired, adding one or more new candidates in place of those deleted. The candidates obtaining the largest number of votes are elected. In the event of a tie between various candidates, the Meeting holds a second ballot to establish how they are to be ranked. If, at the end of voting, a number of Board members belonging to the less represented gender and/or Directors who satisfy the Independence Requirements have not been elected to ensure the presence on the Board of Directors of the related minimum number of Directors, as many elected candidates as necessary have to be excluded, replacing those that received the least votes with the first candidates not elected who meet the requirements. Substitutions take place first for the less represented gender and then those who satisfy the Independence Requirements. If, even by applying this substitution mechanism, it is not possible to complete the number of Directors to be elected, the Meeting has to elect the missing Directors by resolution passed by a relative majority on the proposal of the members present. If no valid list is presented and the Board of Directors does not make a proposal pursuant to art of the Articles of association, or if, despite the presence of lists, the total number of nineteen Directors under the preceding provisions is not reached, the Meeting shall elect the missing Directors by a relative majority among the individual candidates proposed by the members present, subject to compliance with the minimum number of Directors belonging to the less represented gender and/or Directors who meet the Independence Requirements. In the event of a tie between various candidates, the Meeting holds a second ballot to establish how they are to be ranked. If, during the year, one or more Directors are no longer available, they are to be replaced according to the provisions of art. 33 of the articles of association. If the Director who is no longer available was taken from the list that obtained the highest number of votes, the Board of Directors, with the approval of the Board of Statutory Auditors, replaces him by choosing the Director to be co-opted from among persons not on the same list, making sure that the person chosen belongs to the less represented gender and/or meets the Independence Requirements if, as a result of the termination, there is no longer the required minimum number of Directors. The co-opted Director shall remain in office until the next Shareholders' Meeting, which will then replace the Director who is no longer available. 20

21 The Meeting votes on the replacement by a relative majority without any list restriction, choosing from among the candidates proposed by the members. If the Director who has terminated was taken from the list obtaining the second highest number of votes, he is replaced by the first unelected candidate, according to the progressive numbering on the list of origin of the terminated Director, who complies with the provisions of paragraph 33 and belongs to the less represented gender and/or meets the Independence Requirements if the required minimum number of Directors has to be made up. If the candidate concerned fails to do so, the next unelected candidate takes over, according to the progressive numbering of the list, and so on. If no candidature is submitted by the set deadline, the Meeting chooses from among the candidates proposed on the spot by the members present, making sure that the person chosen belongs to the less represented gender and/or meets the Independence Requirements if the required minimum number of Directors has to be made up. Proposals of candidates by the Members follow the same terms and conditions as for the submission of lists for Board elections. For further details, see art. 33 of the articles of association. The Directors taking over each assume the residual period of office of the person they replaced. Pursuant to art. 34 of the articles of association, the members of the Board of Directors must satisfy the requirements of professionalism and integrity required by law and at least four of them must also meet the independence requirements established for statutory auditors in art of Legislative Decree 58/98. The Board of Directors ensures that newly appointed Directors meet the requirements of integrity, professionalism and independence required by law and by the articles of association, as well as their compatibility to hold office pursuant to art. 36 of the Decree Law 201 of 27 December 2011 (the so-called ban on interlocking). As regards the self-assessment of the Board of Directors, and information on the best qualitative and quantitative composition provided by the Board and the desirable professional profiles of the Directors being appointed by the 2015 Shareholders' Meeting, please refer to paragraph 4.3 below. In 2002 the Board of Directors adopted a gentlemen's agreement (made known at the Shareholders' Meeting held on 18 May 2002) whereby the Chairman and the Directors have agreed to abstain from applying for re-election to their respective roles on reaching the ages of 75 and 80, respectively. The Directors have in any case agreed to resign on reaching the age of 80. This personal commitment has been made on the honour of each Director from the end of the 2002 financial year. Under the provisions of CONSOB communication no. DEM of 24 February 2011, we would point out that the Bank has not, to date, adopted a succession plan for executive directors, nor special arrangements in the event of their replacement prior to the normal expiry date. 4.2 Composition of the Board (art 123-bis, paragraph 2.d), Legislative Decree 58/98) Pursuant to art. 30 and 35 of the articles of association, the Board of Directors consists of nineteen directors and elects the Chairman and up to three Deputy Chairmen from among its members. The Board is renewed partially each year over each three-year period, to the extent of six Directors the first year, seven Directors the second year and six Directors the third year, bearing in mind that the transitional rule implementing this system, which has been inserted at the foot of the Articles, establishes 2011 as the first year, 2012 as the second and 2013 as the third, and so on for subsequent three-year periods. The Chairman and the Directors are elected at the Shareholders' Meeting from among the members and remain in office for three years. Their appointments expire on the date of the Shareholders' Meeting called to 21

22 approve the financial statements for the final year of their mandates, and they may be re-elected upon the expiry of such mandates. At the end of 2014 and at the date of this Report, the composition of the Issuer's Board of Directors was and is presented in the following table, which indicates the dates of appointment and expiry of the mandate of each Director (for further information please read the attached table). Name Position held Date of appointment: Board of Directors /Shareholders' Meeting of Term of office: approval of the financial statements at Ettore Caselli Chairman 21/4/ /12/2014 Alberto Marri Deputy Chairman * 15/4/ /12/2016 Giosuè Boldrini Deputy Chairman * 20/4/ /12/2014 Luigi Odorici Deputy Chairman * 16/4/ /12/2015 Alessandro Vandelli Chief Executive Officer* 12/4/ /12/2014 Antonio Angelo Arru Director 20/4/ /12/2015 Mara Bernardini** Director 12/4/ /12/2016 Giulio Cicognani ** Director 21/4/ /12/2014 Cristina Crotti** Director 12/4/ /12/2016 Pietro Ferrari Director * 20/4/ /12/2015 Elisabetta Gualandri ** Director 20/4/ /12/2014 Giovampaolo Lucifero Director 12/4/ /12/2016 Giuseppe Lusignani ** Director 12/4/ /12/2016 Valeriana Maria Masperi ** Director 21/4/ /12/2014 Giuseppina Mengano ** Director 21/4/ /12/2014 (1) Fioravante Montanari ** Director 12/4/ /12/2016 Daniela Petitto ** Director 20/4/ /12/2015 Deanna Rossi Director * 20/4/ /12/2015 Angelo Tantazzi Director 20/4/ /12/

23 ( ) The date of the Board meeting that appointed the Chairman/Deputy Chairman/CEO (*) Members of the Executive Committee (**) Independent Directors. (1): Fioravante Montanari, a member of the Board of Directors of BPER and well-known businessman from Bologna, died on 29 September The Board of Directors remembers the professionalism, valuable contribution and support that he gave to the Bank over the years. The Board of Directors has decided not to coopt a replacement for Fioravante Montanari, since the size of the Bank's Board will gradually decrease to reflect the reduced complexity of the Group and the outcome of the rationalisation processes currently underway or planned. The number of directors will also be affected by the work necessary to comply with the related new Supervisory Instructions, to be implemented within the established time frames. This decision also took account of the proposed amendments to the articles of association that will be presented to the Shareholders' Meeting in April No changes in the composition of the Board took place between the end of 2014 and the date of this report. The Bank deems non-executive those Directors who do not have mandates or perform functions, formally or in practice, relating to the operations of the Bank. At that time of approving this Report, there are no executive Directors other than the Chief Executive Officer and the members of the Executive Committee. For further information, see paragraphs 4.5 and 4.6 below. As regards the independent Directors, see paragraph 4.7. A summary description of the personal and professional characteristics of each Director is shown below, indicating their professional experience and skills, together with the offices held in other organisations, based on the latest information known to the Bank. Ettore Caselli started his career in 1964 at Banco S. Geminiano e S. Prospero. He was appointed as a bank official in January 1971 and was the Manager of several major branches of that bank until July In 1984 he joined Banca Popolare di Cavezzo as Deputy General Manager, and then as General Manager in October In May 1987, following the absorption of that bank by Banca Popolare dell'emilia, he became Central Management's representative in the Loans area. Becoming Deputy Central Manager in May 1992, he took responsibility for managing the Romagna Area. In January 1995 he took the role of Central Manager, later becoming Deputy General Manager of the Bank and then General Manager from July 2003 until December In October 2009 he was appointed as Deputy Chairman of the Bank. Since 18 January 2011 he has been Chairman of the Board of Directors of Banca popolare dell Emilia Romagna. In 2012 he became an Officer of the Order of Merit of the Republic of Italy. Currently he is also Chairman of Assopopolari - National Association of Cooperative Banks, Director di ABI - Italian Banking Association, Deputy Chairman of ICBPI - Istituto Centrale delle Banche Popolari Italiane s.p.a. and Chairman of the Advisory Board of ICBPI. Offices currently held in the BPER Group: Chairman of BPER (Europe) International S.A. Alberto Marri has a degree in Economics and Commerce. While at university, he also began working in the family firm, Maglificio GIN MAR s.r.l., first as Administration Manager and later as a Director. He also attended courses in the Analysis of Financial Statements held by SDA Bocconi. In 1984, he became a Director of Delta Gas S.p.A., a family business which manages and distributes natural gas. He subsequently became its CEO and then Chairman. Delta Gas was taken over by Thuga (Germany), a subsidiary of the multinational E.ON, and became Thuga Triveneto, of which he was Chairman until May He has been a Director of a various consortiums and trade associations. He was formerly an independent director of META S.p.A. and Chairman of the Audit Committee until that company's absorption by Hera S.p.A. He also served as a Director of Hera S.p.A., Hera comm S.r.l. and Banca della Campania S.p.A.. Other positions currently held include: Chairman and Chief Executive Officer of Fingas S.r.l.; Sole Director of Finenergie S.r.l. and Palazzo Trecchi S.r.l.; Director of Palazzo Foresti S.r.l.; Director of Galilei Immobiliare S.r.l. Offices held in the BPER Group: Director of Banco di Sardegna S.p.A.. Giosuè Boldrini is an Italian Public Accountant. He joined the Rimini Chamber of professional bookkeepers in 1966 and became a Registered Auditor in 23

24 1995. He continued to run the professional firm founded by his father, Pier Alberto, back in 1932, providing advisory services to companies, individuals and public bodies with particular expertise in special transactions, corporate reorganisations and business solutions for companies in crisis. Currently, "Studio Commerciale Associato Boldrini" consists of eight partners, with several associates and employees. He has spoken at many important conferences and seminars on tax matters, public utilities and public sector accounting. He has also served as Chairman of the Rimini Chamber of Accountants and the Emilia Romagna Regional Union of Chambers of Accountants and a member of the National Council of Italian Public Accountants. He is a Director of Marr S.p.A. and of Casa di cura Villa Maria S.p.A. Offices currently held in the BPER Group: Director of Banco di Sardegna S.p.A.. Luigi Odorici has a degree in Economics and Commerce from Bologna University (1971). He was employed by Banca Popolare di Modena in December After managing various branches of the Bank, he was Head of the Modena and Reggio areas for the analysis of loans with the Business Affairs Department from March 1991 to September In 1995 he became Deputy Commercial Manager of Banca popolare dell'emilia Romagna, then serving as Commercial Manager until Later he was appointed Deputy General Manager of Banca CRV Cassa di Risparmio di Vignola until he was appointed Deputy General Manager of BPER in January From 1 November 2011 to 31 December 2012 he was BPER's General Manager. From 10 January 2012 to 15 April 2014 he was Chief Executive Officer of BPER, and became Deputy Chairman on 16 April He has been Deputy Chairman of Unione Fiduciaria; Director of FITD - Fondo Interbancario di Tutela dei Depositi, Polis Fondi S.g.r., Cartasì S.p.A., PROMO S.c.r.l. - Società per la promozione dell'economia modenese, ABF Factoring S.p.A., Metelliana S.p.A., Banca CRV S.p.A., Meliorbanca s.p.a., Carispaq S.p.A. and Dexia Crediop S.p.A.; member of the Board of Directors and of the Executive Committee of ABI Associazione Bancaria Italiana, and of the Board of the Modena Chamber of Commerce, representing the banking and insurance sectors. Other positions currently held include: Chairman of BPER Services S.c.p.a. and Deputy Chairman of Banco di Sardegna S.p.A., a BPER Group company. Alessandro Vandelli graduated with honours in Economics and Commerce from Modena University in He subsequently attended various management training courses. He has collaborated with business associations in the publication of various research papers and has lectured at university. He has been an employee of the Bank since 1984, over the years filling numerous management positions: in 1992 he was Head of Accounts Analysis at the Credit and Loans Department; after gaining experience in the branch network, in 1996 he was called upon to start up the Corporate Finance sector; in 2005 he was Head of the Equity Investments and Special Projects Unit; in 2007 he took on the role of Central Manager with responsibility for the Group Strategy and Management Department; in 2008 he was appointed Deputy General Manager; in 2010 he transferred to Banco di Sardegna and served as General Manager. On 1 July 2012 he returned to Banca popolare dell Emilia Romagna as Deputy General Manager and Chief Financial Officer. Since 16 April 2014 he holds the position of Chief Executive Officer of BPER. He has also been Deputy Chairman of Arca S.g.r. S.p.A. and Director of Arca Merchant S.p.A., Promac S.p.A., Finduck Group S.p.A., Imco S.p.A. and Alba Leasing S.p.A., as well as of such BPER Group companies as Metelliana S.p.A., Meliorbanca S.p.A., Banca della Campania S.p.A. and Em.Ro. Popolare S.p.A.; he has also served on the investment committees of various private equity funds. He is a member of the Board of Directors and of the Executive Committee of ABI - Associazione Bancaria Italiana; Director of FITD - Fondo Interbancario di Tutela dei Depositi and Deputy Chairman of Unione Fiduciaria S.p.A. Offices currently held in the BPER Group: Director of BPER Services S.c.p.a. Antonio Angelo Arru graduated in Law on 23 June Professor of Criminal Procedure at the Faculty of Law at the University of Cagliari. Professor of Criminal Law at the Faculty of Political Sciences at the University of Cagliari. Member of the Bar of Cagliari and authorised to operate in the higher courts of law. A practising lawyer in Cagliari with Law Offices at Via Carlo Fadda 5. He has been a member of the Board of Statutory Auditors of Cassa Depositi e Prestiti and, in the period from 2007 to 2010, of the President's Committee of ACRI - Associazione Casse di Risparmio Italiane; Councillor of the Cagliari Opera House, from which he resigned on 26 November From 15 March 2002 to 18 April 2013 he held the position of Chairman of Fondazione Banco di Sardegna. 24

25 Chairman since 1996 of the Supervisory Committee for the extraordinary administration of IRA Costruzioni, at the Ministry of Economic Development. Offices currently held in the BPER Group: Chairman of the Board of Directors of Banco di Sardegna S.p.A. Mara Bernardini has a degree in Law from Modena University. She has been General Manager of the Modena Municipality, General Manager of Consorzio ATCM, Chief of the General Medicine Department of the Emilia Romagna Region, Special Director and Special Administrator of USL 21 and General Secretary of Comunità Montana del Frignano - USL 18. She has served on the Boards of Directors of Acantho S.p.A, Uniflotte S.r.l., Hera Trading S.r.l., Meta Service S.r.l., Meta S.p.A., Carpi Formazione S.r.l.; as well as on the Remuneration Committee of Hera S.p.A., and on the Internal Control and Nomination committees of Meta S.p.A. She has been Chairman of the Board of Directors of Hera Comm S.r.l. She is the Sole Director of Way S.a.s. di Mara Bernardini & C., active in the provision of advice and assistance regarding public transportation, local public services, urban renewal, redevelopment of assets, complex urban development programmes, social housing, property and ethical funds, land federalism, business organisation, processes for the planning and evaluation of human resources. Other offices currently held: Chairman of the Board of Directors of Atrikè S.p.A.; Chairman of Fondazione Museo Casa Natale Enzo Ferrari; Director of Hera S.p.A. and Hera Comm S.r.l. Giulio Cicognani graduated in Electronic Engineering (1972) and worked at Telettra in Vimercate (Milan) until 1975, when he was hired by Sacmi in Imola to work in the technical department of the automation sector. He then began a series of experiences abroad and was promoted to Sales Manager (1981) before moving into general management (1987) and later becoming General Manager of the Sacmi Group (1990).In 2007, at the age of 60, he retired from his position in Sacmi, being of pensionable age, but remained as a consultant until From 2003 to 2011 he served as Chairman of FBR Elpo S.p.A. (Catelli Group, Parma). From 2002 to 2009 he served as Chairman of Sacmi Filling S.p.A., Sacmi Verona S.p.A. (formerly Sacmi Labelling S.p.A.) and Sacmi Packaging S.p.A.. Between 2003 and 2010 he was Chairman of Gram Equipment Vojens (DK) and of Gram Equipement Italia S.r.l. (Rossi & Catelli Group, Parma).From 2003 to 2010 he was Deputy Chairman of "UCIMA", the industrial association for manufacturers of packaging machinery. He has been a member and Chairman of the Board of Directors of Montecatone Rehabilitation Institute S.p.A.. He has been a member of the Board of Directors of Raytec Vision S.p.A. Since 2009 he has been a member of the Board of Directors of Cavanna S.p.A., a leading packaging firm (currently still in office) and since 2011 of Kale Italia S.r.l. formerly Fincuoghi Edilgres, a manufacturer of ceramics in the district of Sassuolo - Modena (currently still in office). Positions currently held: Chairman of Cavanna S.p.A.; Director of Kale Italy S.r.l. and Fondazione Montecatone Rehabilitation Institute. Cristina Crotti graduated in Business Economics, specialised in the Economics of Financial Intermediaries at the Università Commerciale L. Bocconi, in March From January of that year, she carried out professional activities in the group of companies controlled by the Crotti Family Energei Group (Dr. D. Bernardi S.r.l., Olona Gas S.r.l., Di. Me S.r.l., Simgas Nord S.r.l., Garda Est S.r.l., Diana Gas S.r.l., S.Quirico Gas S.p.A.). She has been Chairman of the Board of Directors di G.E.I. - Gestione Energetica Impianti S.p.A.. She was a Director of Banca Popolare di Crema from 1998 to May She became Deputy Chairman di Anigas (Associazione Nazionale Industriali Gas) in 1993 and, in 2011, a member of the Technical Committee on Energy at Confindustria. In 2009 she became Deputy Chairman responsible for economics, training and lending at the Cremona Industrial Association. Positions currently held: Chairman of the Board of Directors of Enercom S.r.l., ICE - Informatizzazione Commercio Energia S.r.l., Omnia Servizi S.r.l. and Tennis Sport S.r.l.. She is Sole Director of Gas 2000 S.p.A. and M&P Energy S.r.l. as well as Director of Caraverde Energia S.r.l., Assindustria Servizi S.p.A. and Pide Ingegneria S.r.l.. Pietro Ferrari graduated with a degree in Civil Engineering from the University of Bologna in The following year he joined the family business, Ing. Ferrari S.p.A., as sole director. In 1990 he became CEO. Alongside his corporate career, he also took on various positions in Confindustria. From 1986 to 1989 he was Chairman of the Youth Group of what was then the Industrial Association of Modena. From 1994 to 2002 he was Director in charge of Confindustria Modena for the environment and safety, as well as for energy and public utilities. From July 2002 to June 2008 he was Vice President of Confindustria Modena and Confindustria Emilia-Romagna. 25

26 He has been Chairman of the Board of Directors of UIMServizi S.r.l.. From 2002 he has served on the National Committee of Confindustria for infrastructure, the environment and public utilities and on the Advisory Commission on competitiveness. Positions currently held include: Chairman and Chief Executive Officer of Ing. Ferrari S.p.A.; Chairman of the Board of Directors of T.I.E. (Trasporti Intermodali Emilia) S.r.l.; Director of GRID Modena S.r.l., Nuova Didactica S.c.ar.l., S.A.I.M.O. S.p.A. and Sesamo S.p.A.; Member of the Executive Committee (Past President) of Confindustria Modena. Elisabetta Gualandri has a degree in Economics and Commerce from the University of Modena, a Masters in Financial Economics from University College of North Wales and is listed on the Official Register of Auditors. She is Professor of Economics of Financial Intermediaries at the "Marco Biagi" Department of Economics at the University of Modena and Reggio Emilia, where she carries out research and consultancy for the CEFIN Banking and Finance Research Centre and for Softech-ICT (industrial research centre) of which she is the deputy director. She is the author of numerous studies and publications on the management and regulation of financial intermediaries, including with S. Cosma: The Italian Banking System and the Financial Crisis, Palgrave Macmillan, She was a Statutory Auditor of the Bank of Italy from 2007 until she was co-opted onto the Board of Directors of BPER on 28 August Presently a member of the Board of Directors of IGD SIIQ S.p.A. - Immobiliare Grande Distribuzione, the Board of Directors of Datariver S.r.l. - Spin Off of the University of Modena and Reggio Emilia - and of the Technical and Scientific Committee of the Knowbel Incubator at the Tecnopolo di Modena at 'Unione Terre dei Castelli. Giovampaolo Lucifero graduated in Law from the Luiss University of Rome in Member of the Register of Insurance Agents since 1992, Registered Lawyer since 1993 and Registered Financial Advisor since He has performed professional activities at Studio Agenti di cambio Forti-Mortari-Mortari ( ) and acted INA-Assitalia General Agent in Crotone ( ) and Varese ( ). He was also an asset manager at Gemina Credit-Lyonnaise SIM ( ). He was responsible for various commissions appointed by ANAGINA (National Association of INA-Assitalia General Agents) ( ) and served as Deputy Chairman of that association ( ), as well as Director of the Pension Fund for INA-Assitalia General Agents ( ). He has been a member of the Board for the advanced services sector of the Varese Unione Industriali since 2002 and was appointed Chairman in He became a partner in GPM Insurance Broker in Positions currently held: Sole Director of Gipielle S.r.l., Director of Emmepi Assicurazioni S.r.l.; Director of Società Agricola Ceraso S.a.s., Partner of Società Agricola Volta della Torre. Giuseppe Lusignani graduated in Economics at the University of Modena and continued his studies in Finance at New York University before obtaining a Ph.D. in Capital Markets and Financial Management (University of Bergamo). He is Professor of Economics of Financial Intermediaries at the University of Bologna (three-year degree courses) and Economics and Techniques of Financial Markets (five-year degree) at the School of Economics, Management and Statistics. He has also taught Portfolio Theory, Financial Policies, Economics of Financial Systems and Risk Management at the same University. He has lectured on Portfolio Management at Warsaw University and on Risk Management at Università Cattolica (Ph.D course in Markets and Financial Intermediaries) and at Siena University (Master in Risk Management). His research has covered numerous aspects of the functioning of financial markets and the banking system in Italy and in Europe. He is the author of numerous publications on the financial markets, the management of banks and risk management topics. He has collaborated with the Bank of Italy, Consob, the Italian Competition Authority, Assogestioni, Associazione Bancaria Italiana, and the Patti Chiari Consortium. He has advised leading financial institutions on risk management and financial management topics. He was Deputy Chairman of Azienda Farmaceutica Municipalizzata di Bologna; Chairman of the Committee of Wise Men of the TLX regulated market; Chairman (independent) of CR Firenze Gestion Internationale S.A.; Chairman of Prometeia Advisor SIM; Director of Eptaconcors S.p.A., Eptasim S.p.A., Eptafund S.g.r., Finecogroup S.p.A., Unipol S.g.r. (independent). 26

27 He is a member of the Scientific Committee of Prometeia, Association for Econometric Forecasting, Honorary Member and Chairman of the Board of Arbiters of AIFIRM, Italian Association of Financial Risk Managers, and Chairman of the Scientific Committee of ABIFORMAZIONE (Risk Management programme). He is a member of the Disciplinary Commissions of Borsa Italiana S.p.A. and Cassa di Compensazione e Garanzia S.p.A., member of the board of Banca Impresa Società (magazine published by Il Mulino) and of the Editorial Board of Bancaria (magazine published by Bancaria Editrice). Currently he is Chairman of VER Capital S.g.r.; Director of MARR S.p.A. and Deputy Chairman of Prometeia S.p.A. Offices held in the BPER Group: Deputy Chairman of Optima S.p.A. SIM. Valeriana Masperi has a degree in Law from Bologna University. After graduating, she worked as trainee lawyer at the law firm Lobietti of Ravenna. In December 1974 she joined Banca del Monte di Bologna e Ravenna where, from 1982, she took charge of the Credit Department and then the Legal Department, with power of attorney to act in court on behalf of the bank and inclusion on the Special Register of Lawyers of Ravenna. She changed to the Ordinary Register in 1994 and works as a lawyer principally in the banking sector, collaborating regularly with the Bologna law firm of Michele Sesta. From 2002 to 2006 she was a member of the Bar Council of Ravenna, where she held the position of Treasurer. Since September 2006 she has been registered on the list of conciliators of the Association for the Resolution of Bank Disputes (financial and corporate) - Banking Ombudsman - in Rome, and is also enrolled on the register of mediators kept by the Bar Council of Ravenna. At present, she does not have any operational role or position of management or control in companies or entities other than BPER. Giuseppina Mengano graduated in Law from the "Federico II" University of Naples, where she worked as a lecturer from 1969 to She is a lawyer and a freelance journalist. From 1975 she worked in the family business, "Amarelli" of Rossano, which makes liquorice, in the field of communications strategy and as head of institutional relations, subsequently taking over the duties of Chairman and Head of the Liquorice Museum. She has been a member of the National Executive Council of AIDI (the Association of Italian Confectionery Industries); President of the Agro-food Section of the Industrial Association of Cosenza; Vice President of ANM S.p.A. (Azienda Napoletana Mobilità); Chairman of the Assessment Unit of the Civil Hospital of Caserta (of national importance and highly specialised); Board member of Metronapoli S.p.A., as well as a member of many professional and cultural associations. She was awarded the title of "Cavaliere del Lavoro" by decree of the President of the Republic Giorgio Napolitano and "Cavaliere Ufficiale dell Ordine al Merito della Repubblica Italiana" by the President of the Republic Carlo Azeglio Ciampi. She is an honorary citizen of the city of Rossano. Other positions currently held include: limited partner of Amarelli Fabbrica di Liquirizia di Fortunato Amarelli & C. S.a.s., member of the Board of Arbiters of AIDEPI (Association of Italian Cakes and Pastries Industries) and of the Board of the Southern Italian Group of the "Cavalieri del Lavoro"; President of Tecnesud (Consortium for the technological development of Calabria); Chairman of the Audit Committee of the organisational model pursuant to Legislative Decree 231/2001 of ANM S.p.A. (Azienda Napoletana Mobilità); member of the national executive council and Chairman of the Supervisory Body of the TCI (Touring Club Italiana), member of the Board of Directors of Aurora S.r.l., of the Oriental University of Naples, of the National Scientific and Technical Committee of UCID (Christian Union of Business Executives), of the Leonardo Committee and of the Museimpresa. Daniela Petitto graduated in law with top honours from the Federico II University of Naples in the academic year, with a thesis on company law. In 1993, she came first in the competitive exam for the specialisation in Civil Law at the Federico II University of Naples. Admitted to practice law in Specialist degree in Civil Law with top honours in the academic year. She has held teaching appointments at the Department of Civil Procedure, University of Naples under Prof. Modestino Acone and has published papers on the subject of forced sales and the transcription of legal proceedings in the Journal of Procedural Law. In 2000, she came first in the competitive exam to qualify as a lawyer in the Campania Region. She practices as a lawyer in civil and labour law, enrolled in the Court of Avellino. At present, she does not have any operational role or position of management or control in companies or 27

28 entities other than BPER. Deanna Rossi took increasing responsibility over time in the family firm of Rossi Motoriduttori S.p.A., Modena (later Rossi S.p.A.), where she was a member of the Board of Directors and then Chairman until Other positions currently held include: Chairman and Chief Executive Officer of Fingreg S.p.A. and of GRIM S.p.A. Offices currently held in the BPER Group: Director of Banco di Sardegna S.p.A. Angelo Tantazzi has a degree from Milan's Bocconi University. He was an assistant and then full professor at the University of Bologna. He completed his studies at the Brookings Institute in Washington. From 1982 to 2001 he held the chair of Economic Policy at the University of Bologna's Faculty of Political Science. He has taken part in various government-appointed commissions and was Economic Advisor to the Prime Minister ( ); member of the Scientific-Technical Committee of the Ministry of Economic Planning ( ) and of the Senior Council of the Central Statistics Institute ( ). He has been Chairman of Borsa Italiana S.p.A., Cassa di Compensazione e Garanzia S.p.A. and Monte Titoli S.p.A. ( ); Deputy Chairman of London Stock Exchange Group plc ( ); Director of Mittel Generale Investimenti S.p.A., Coesia S.p.A. and MiRe S.g.r. S.p.A. Other positions currently held include: Chairman of Prometeia S.p.A. and MUS-E Bologna Onlus; Deputy Chairman of Il Mulino S.p.A.; Director of Promedi S.r.l.. The following summary table relates to the Shareholders' Meetings that elected the current members of the Board of Directors, except for the Directors co-opted in the meantime: Date of Meeting 21/04/2012 Number of lists presented 2 lists for the appointment of 7 directors. List no. 1 Shareholders presenting list no. 1 no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 PIERO FERRARI CASTELVETRO DI MODENA MO 22/05/45 2 FLORIANA NALIN MODENA MO 20/01/47 3 ALBERTO GALASSI MODENA MO 23/12/64 4 ANTONELLA FERRARI MODENA MO 14/11/68 5 ADRIANO POGGIOLI MARANELLO MO 13/09/37 6 LUIGI CREMONINI SAVIGNANO SUL PANARO MO 28/04/39 7 CREMONINI S.P.A. CASTELVETRO DI MODENA MO ELISABETTA GHIDONI REGGIO EMILIA RE 26/05/57 9 ALBERTO GALLINARI REGGIO EMILIA RE 12/07/82 10 ALLEGRA GALLINARI REGGIO EMILIA RE 02/10/83 11 GUGLIELMO BORELLI MODENA MO 25/03/65 28

29 Total % of BPER's share capital held by the shareholders presenting list no. 1, as declared by them: 0.659% List no. 2 Shareholders presenting list no. 2 Date of birth/ Tax code / no. Name Place of birth / Head office Province VAT number 1 ALDO BONIFATI CASTROVILLARI CS 16/05/22 2 MICHELE CALABRESE CROTONE KR 22/01/56 3 SERGIO GIANGRECO REGGIO CALABRIA RC 21/07/74 4 GIORGIO PULAZZA CERVIA RA 06/02/54 5 VALENTINA PULAZZA RAVENNA RA 25/10/79 6 ROMANO GISMONDI RAVENNA RA 13/10/37 7 CARLO GISMONDI RAVENNA RA 06/08/31 8 GIULIANO TASSONI MINERBIO BO 12/07/39 Total % of BPER's share capital held by the shareholders presenting list no. 2, as declared by them: 0.571% Candidates on each list List no. 1 Ettore Caselli; Romano Minozzi (independent); Mario Zucchelli (independent); Giosuè Boldrini (independent); Giulio Cicognani (independent); Valeriana Maria Masperi (independent); Massimo Giusti. List no. 2 Giuseppina Mengano (independent); Anna Mantice (independent); Francesco Limatola (independent); Francesco Serra (independent); Michele Calabrese (independent); Luigi Muto (independent); Sergio Giangreco (independent). List of persons elected and percentage of votes Elected from List 1: 11,649 votes (63.88% of votes) 1. Ettore Caselli; 2. Romano Minozzi (independent); 29

30 3. Mario Zucchelli (independent); 4. Giosuè Boldrini (independent); 5. Giulio Cicognani (independent); 6. Valeriana Maria Masperi (independent). Elected from List 2: 6,121 votes (33.56% of votes) 7. Giuseppina Mengano (independent). Date of Meeting 20/04/2013 Number of lists presented 3 lists for the appointment of six directors. List no. 1 Shareholders presenting list no. 1: no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 SARA ABBELLO SASSUOLO MO 30/1/ MARTINA AGUZZOLI MODENA MO 20/4/ ALFA INVEST SRL CREMONA CR MASSIMO ALVIANO GLAVIANO PAVULLO NEL FRIGNANO MO 19/2/ LUISA AMORUSO MODENA MO 26/6/ ROSSANO ANCESCHI SASSUOLO MO 4/4/ LAURA ANSALONI MODENA MO 24/8/ EDOARDO ANSALONI MIRANDOLA MO 16/5/ FRANCO ANSALONI MODENA MO 8/3/ RITA ANSELMI REGGIO NELL'EMILIA RE 2/1/ ELISA ARAVECCHIA TURIN TO 22/9/ FRANCESCO ARENA MODENA MO 18/7/ INES ARGENTI LA SPEZIA SP 4/6/ LODOVICO ARGINELLI SOLIERA MO 20/6/ SUSANNA ARIOLI MONZA MB 24/11/ DONATELLA ARLETTI MODENA MO 4/10/ GIULIO ARSENIO BRINDISI BR 17/1/ GRAZIANA ARTIOLI REGGIO NELL'EMILIA RE 16/2/

31 19 SERGIO ARTIOLI MODENA MO 17/8/ ELENA ASCARI CARPI MO 14/3/ GIULIO ASSOGNA CASTELFRANCO EMILIA MO 8/3/ MONICA AVERSANO MODENA MO 20/6/ ILARIO BACCHELLI CARPI MO 20/4/ MAURIZIO BAGNI CASTELLARANO RE 10/1/ PAOLA BAGNI CORREGGIO RE 1/6/ FRANCESCA BAISI ANCONA AN 4/4/ GIANNA BALDINI MODENA MO 3/7/ MAURIZIO BANDIERI CASTELFRANCO EMILIA MO 4/8/ IVANA BANDINI REGGIO NELL'EMILIA RE 10/7/ DAVIDE BARALDI MODENA MO 16/8/ ALICE BARBIERI MODENA MO 13/1/ EDITH BARBIERI FEDERAL REPUBLIC OF GERMANY FEDERAL REPUBLIC OF GERMANY 12/7/ FEDERICA BARBIERI MODENA MO 22/8/ FEDERICO BARBIERI FORLÌ FC 12/5/ GIULIANA BARBIERI MODENA MO 22/1/ LEONARDO BARBIERI RAVARINO MO 7/1/ MARIA CHIARA BARBIERI MODENA MO 24/2/ ANDREA BARBOLINI MODENA MO 16/11/ LINA BARBOLINI FORMIGINE MO 16/5/ STEFANO BARBOLINI MODENA MO 14/11/ SILVIO BARLETTA CARPI MO 23/9/ ERMES BARONE MODENA MO 2/8/ MARIKA BARONTINI SASSUOLO MO 4/7/ VALENTINA BARONTINI SASSUOLO MO 6/5/ LUISA BARTOLI BIBBIANO RE 11/2/ MARIA ELENA BASCHIERI SASSUOLO MO 3/10/

32 47 DAVIDE BATTISTINI TURIN TO 18/2/ STEFANIA BAVUTTI MODENA MO 31/8/ SILVIA BAZZANI CARPI MO 4/10/ NICOLA BEDESCHI REGGIO NELL'EMILIA RE 26/9/ DANIELA BEGGI SASSUOLO MO 12/5/ RENATO BEGGI CASTELLARANO RE 9/6/ CRISTINA BELLAMACINA MESSINA ME 29/10/ MARCELLO BELLETTI MODENA MO 18/2/ GIOVANNI BELPOLITI CADELBOSCO DI SOPRA RE 23/12/ MARIABEATRICE BELPOLITI REGGIO NELL'EMILIA RE 5/5/ BEATRICE BELTRAMI SASSUOLO MO 24/5/ ADRIANO BENASSI MONTECRETO MO 19/10/ ALESSIO BENASSI MODENA MO 8/1/ GLORIA BENASSI REGGIO NELL'EMILIA RE 17/7/ STEFANO BENASSI MODENA MO 6/5/ ANDREA BENATTI SPILAMBERTO MO 22/7/ MASSIMO BENCIVENNI MODENA MO 26/11/ CLAUDIO BENEDETTI MODENA MO 29/4/ ANDREA BERRETTI SASSUOLO MO 7/11/ DONATELLA BERTACCHI ANCONA AN 22/6/ MARIA LUISA BERTOLANI SASSUOLO MO 11/6/ ROBERTO BERTOLINI REGGIO NELL'EMILIA RE 22/9/ ARIANNA BERTONCELLI PAVULLO NEL FRIGNANO MO 15/4/ DANIELE BERTONCELLI MODENA MO 26/4/ GABRIELE BERTONCELLI MODENA MO 16/11/ MARCO BERTONCELLI MODENA MO 3/9/ PAOLO BERTONCELLI PAVULLO NEL FRIGNANO MO 18/8/ MASSIMO BETTALICO MODENA MO 21/4/

33 75 GIANLUCA BETTELLI VIGNOLA MO 4/10/ PAOLO BIAGINI SASSUOLO MO 9/11/ CECILIA BIANCHI MODENA MO 28/12/ LICIA BIANCHI GUARDISTALLO PI 10/12/ MASSIMILIANA BIANCHI PAVULLO NEL FRIGNANO MO 25/6/ MARIA PIA BIANCHINI SAN FELICE SUL PANARO MO 10/3/ ANGELO BIGNARDI MODENA MO 24/9/ ADRIANA BIONDI PAVULLO NEL FRIGNANO MO 18/3/ LIDO BIONDI FIUMALBO MO 10/1/ REMO BIONDI FIUMALBO MO 24/7/ LORIS GIUSEPPE BISIGHINI BOLOGNA BO 8/12/ ARCANGELA BIZZARRI BARI BA 7/5/ MIRCO BIZZARRI REGGIO NELL'EMILIA RE 30/6/ MONICA BLO BONDENO FE 13/7/ GABRIELE BOCCEDI MODENA MO 21/5/ ISABEL BOCCEDI MODENA MO 19/3/ MAURO BOCCEDI MODENA MO 17/3/ MIRCO BONARETTI LUZZARA RE 23/1/ ALESSANDRA BONATI PARMA PR 27/12/ KATIA BONAZZOLI PARMA PR 18/11/ MARCO BONEZZI REGGIO NELL'EMILIA RE 18/3/ ROBERTO BONI MODENA MO 23/3/ LAURA BONI CASTELFRANCO EMILIA MO 28/11/ RITA BONI FORMIGINE MO 18/4/ VANESSA BONILAURI REGGIO NELL'EMILIA RE 27/4/ MARCO BONINI MONTECCHIO NELL'EMILIA RE 4/1/ ANNA MARIA BONUCCHI SESTOLA MO 2/12/ ELENA BORCIANI REGGIO NELL'EMILIA RE 23/9/

34 103 ARRIGO BORELLI FORMIGINE MO 21/5/ CRISTINA BORELLI MODENA MO 8/10/ MARCO BORELLI MODENA MO 30/3/ ROBERTO BORELLI MODENA MO 15/7/ ALESSANDRA BORGHI CASTELLARANO RE 26/8/ CATERINA BORRI REGGIO NELL'EMILIA RE 26/5/ ELENA BORRI CORREGGIO RE 24/9/ GIORGIO BORRI CORREGGIO RE 27/12/ GIUSEPPE BORRI SAN MARTINO IN RIO RE 10/8/ PAOLA BORSARI NONANTOLA MO 7/4/ ROBERTA BOTTA BIELLA BI 6/5/ IVA BOTTI SAN GIORGIO PIACENTINO PC 16/6/ LUCA BRAGHIROLI MODENA MO 16/5/ GIORGIO BRANCOLINI SAN PROSPERO MO 9/3/ LICIA BRANCOLINI CARPI MO 22/4/ SIMONE BREVEGLIERI MODENA MO 9/6/ MONICA BRIGHENTI SCANDIANO RE 24/7/ ANDREA BRIONI NOVELLARA RE 11/6/ DEANNA BRUSCHI CORREGGIO RE 9/2/ DANIELA BULGARELLI CARPI MO 25/1/ GIOVANNA BULGARELLI MODENA MO 29/4/ PAOLA BURANI REGGIO NELL'EMILIA RE 6/6/ BARBARA BUTTURINI MILAN MI 14/4/ GIULIA CABASSI MODENA MO 2/5/ GIULIO CABASSI MODENA MO 3/9/ DANIELA CABRINI CASTELNOVO DI SOTTO RE 6/7/ WILLIAM CAFFAGNI MODENA MO 11/11/ NICOLA CALZI PARMA PR 23/4/

35 131 LORENZO CALZOLARI MIRANDOLA MO 11/3/ NICOLETTA CAMELLINI SCANDIANO RE 28/6/ VALENTINA CAMELLINI SASSUOLO MO 8/12/ CRISOSTOMO CAMPISI PALERMO PA 12/3/ ELENA CAMPOMAGNANI SASSUOLO MO 12/11/ GIOVANNI CAMPOMAGNANI FRASSINORO MO 2/4/ PAOLO CANOVA CONCORDIA SULLA SECCHIA MO 26/8/ ENRICO CARAFOLI RAVARINO MO 3/4/ FABIO CARAFOLI CARPI MO 5/5/ FABIO CARICHINO SASSUOLO MO 20/6/ FAUSTO CARMELI REGGIO NELL'EMILIA RE 21/3/ PAOLO CARMELI REGGIO NELL'EMILIA RE 20/10/ MASSIMILIANO CARULLI BARI BA 21/10/ FEDERICO CASALI REGGIO NELL'EMILIA RE 18/1/ GIACOMO CASALIN CARPI MO 2/9/ DAVIDE CASARINI MODENA MO 16/11/ ETTORE CASELLI MARANELLO MO 28/10/ LILIANA CASELLI SASSUOLO MO 22/2/ CHIARA CASOLI MODENA MO 6/5/ LARA CASONI REGGIO NELL'EMILIA RE 28/12/ ELISABETTA CASTAGNETTI REGGIO NELL'EMILIA RE 27/10/ ENRICA CASTAGNETTI REGGIO NELL'EMILIA RE 27/10/ GIANCARLO CASTAGNETTI REGGIO NELL'EMILIA RE 3/12/ ANDREA CASTELLANI FORMIGINE MO 5/6/1982 TARABINI 155 FIAMMETTA CATELLANI REGGIO NELL'EMILIA RE 10/9/ MAURA CAVALIERI BOMPORTO MO 20/4/ ANDREA CAVALLINI MODENA MO 26/9/ MAURO CAVANI SASSUOLO MO 28/12/

36 159 ROBERTA CAVANI SASSUOLO MO 4/11/ SUSANNA CAVANI MODENA MO 23/2/ FABIO RUGGERO CAVAZZA MIRANDOLA MO 30/5/ STEFANO CAVAZZONI REGGIO NELL'EMILIA RE 10/1/ FRANCESCO CAVRIANI MODENA MO 30/9/ LUCIANO CAVRIANI CREVALCORE BO 2/7/ VALERIO CERATI REGGIO NELL'EMILIA RE 25/7/ TIZIANO CESTARI MIRANDOLA MO 6/8/ SILVANA CHIODI PAVULLO NEL FRIGNANO MO 11/10/ UMBERTO CILLONI REGGIO NELL'EMILIA RE 26/3/ ODETTA COCCHI RUBIERA RE 18/4/ LINDA CODELUPPI SCANDIANO RE 29/12/ MARIO COLIZZI MODENA MO 24/11/ ELENA COLOMBINI FORMIGINE MO 24/3/ PIER LUIGI COLOMBINI CASTELVETRO DI MODENA MO 29/6/ ANTONIETTA CORATZA PESCARA PE 6/2/ MANUELA CORNIA MODENA MO 29/8/ CAMILLA CORRADINI SASSUOLO MO 21/2/ MARCO COSTANTINI FORMIGINE MO 23/11/ SANDRO COTTAFAVA MODENA MO 19/8/ SIMONE COTTAFAVA MODENA MO 14/5/ GIANLUIGI COZZA MODENA MO 14/8/ AGOSTINO CREMASCHI CAVEZZO MO 28/4/ CRISTIANO CREMASCHI CARPI MO 4/1/ MARIA ELISABETTA CARPI MO 15/12/2003 CREMASCHI 184 MARIA VITTORIA CREMASCHI CARPI MO 26/8/ CECILIA CREMONESE MODENA MO 27/4/ RAFFAELLO CREMONESE VENICE VE 10/12/

37 187 MANUELA CROTTI REGGIO NELL'EMILIA RE 15/9/ BARBARA CUOGHI MODENA MO 6/1/ PAOLA CUOGHI SAN FELICE SUL PANARO MO 28/10/ PAOLO CUOGHI MODENA MO 5/10/ PAOLO DALIA CASTELLARANO RE 15/3/ RICCARDO DALIA SASSUOLO MO 28/4/ DANIELE DALLAGLIO REGGIO NELL'EMILIA RE 2/3/ FRANCESCA DAVOLI REGGIO NELL'EMILIA RE 13/2/ GIORGIO DAVOLIO CARPI MO 2/8/ VALERIA DE BIASE MODENA MO 2/5/ GIOVANNI BATTISTA DE RICADI VV 30/6/1942 CARLO 198 DOMENICO DE IULIIS CERMIGNANO TE 28/11/ MARCO DE IULIIS CAMERINO MC 26/6/ FRANCO DE SIMONI MONTEROSSO AL MARE SP 29/9/ GIUSEPPE DEFEUDIS MODENA MO 21/7/ NICOLA DEFEUDIS CERIGNOLA FG 11/3/ ROSARIA DEFEUDIS SAN GIOVANNI ROTONDO FG 17/10/ ELISA DEL CARLO MODENA MO 19/6/ GIOVANNI DEL RIO CASTELNOVO NE' MONTI RE 15/2/ DAVIDE DEL RIO CASTELNOVO NE' MONTI RE 4/10/ MARIA LUISA DELLA BIANCIA GABICCE MARE PU 28/10/ CLAUDIO DELLA CASA MODENA MO 3/10/ FRANCESCA DELLA CASA MODENA MO 7/9/ MAURIZIO DELLA CASA MODENA MO 11/4/ MORENA MARIA DESSENA OZIERI SS 21/9/ ALESSANDRO DI VITO TIVOLI RM 13/9/ GIUSEPPE DI VITO MELFI PZ 25/2/ DANIELA DIAMANTINI MODENA MO 15/12/

38 215 ECO ENERGIE SRL CREMONA CR ELFIN SRL CREMONA CR STEFANO FABBRICINI MODENA MO 28/5/ ALBERTO FACCIOLLA PESCHIERA DEL GARDA VR 25/3/ MATTEO FACCIOLLA TRIESTE TS 25/12/ FRANCESCO FAIETTI PESARO PU 31/8/ MARINA FAIETTI PESARO PU 13/6/ NICOLA FARINI REGGIO NELL'EMILIA RE 6/12/ CATIA FARRI POVIGLIO RE 6/3/ ALBERTO FAVA CENTO FE 11/2/ ALESSANDRA FAZIOLI MODENA MO 22/3/ GIANFRANCO FERRARESI CAVEZZO MO 1/1/ ALESSIA FERRARI PARMA PR 13/5/ BENEDETTA FERRARI MODENA MO 29/4/ CINZIA FERRARI MODENA MO 21/7/ EDDA FERRARI NONANTOLA MO 30/10/ MARIA PIA FERRARI VILLA MINOZZO RE 3/3/ ROBERTO FERRARI MODENA MO 18/5/ ROBERTO FERRARI REGGIO NELL'EMILIA RE 3/5/ TOMMASO FERRARI MODENA MO 20/9/ ANNALISA FERRARINI MODENA MO 3/7/ FIORENZA FERRARINI CARPI MO 28/11/ ALESSANDRO FERRETTI RUBIERA RE 26/11/ CHIARA FERRETTI PADUA PD 26/5/ DANIELA FERRETTI REGGIO NELL'EMILIA RE 23/9/ FABIO FERRETTI SASSUOLO MO 18/1/ LAURA FERRETTI SASSUOLO MO 29/1/ SERGIO FERRETTI SASSUOLO MO 11/6/

39 243 CARLA FIANDRI MODENA MO 4/11/ PIETRA FILI RESUTTANO CL 1/4/ CARLO FILIPPI MODENA MO 4/5/ FINENERGIE SRL CREMONA CR FINGAS SRL CREMONA CR MARIA FIORANI MODENA MO 7/8/ ADAMO FIORINI COLLAGNA RE 13/5/ SABRINA FIORINI REGGIO NELL'EMILIA RE 22/10/ MARCELLO FIZZOTTI DE PAOLI MODENA MO 4/2/ LAURA FOGLIATO VICENZA VI 20/5/ FABRIZIO FONTANESI REGGIO NELL'EMILIA RE 14/10/ VINCENZO FONTANI CASALGRANDE RE 10/2/ CRISTINA FORGHIERI CARPI MO 13/5/ ANNA LISA FORNACCIARI MODENA MO 16/9/ PAOLO FORONI CARPI MO 28/4/ TIZIANA FORONI CARPI MO 16/8/ ELISA FRANCHI BOLOGNA BO 5/5/ ROSSANA FRANCHINA SWITZERLAND SWITZERLAND 28/11/ CESARINA FRONZI PIEVE TORINA MC 2/4/ MANUEL FURLANI QUISTELLO MN 8/7/ MARCO GABBI REGGIO NELL'EMILIA RE 13/5/ VITTORIA GAIANI MODENA MO 13/4/ FRANCESCA GALAVERNI REGGIO NELL'EMILIA RE 4/12/ GLORIA GALAVOTTI CONCORDIA SULLA MO 1/5/1970 SECCHIA 267 MAURIZIO GALLINGANI REGGIO NELL'EMILIA RE 12/1/ FORTUNATA GANASSI BAISO RE 27/2/ ENRICO GANDOLFI SASSUOLO MO 27/1/ GIOVANNI GANDOLFI BAGNOLO IN PIANO RE 28/6/

40 271 REMO GANDOLFI PAVULLO NEL FRIGNANO MO 12/9/ CLAUDIO GARUTI MODENA MO 28/10/ MATTEO GARUTI SASSUOLO MO 14/11/ SERAFINO GARUTI MEDOLLA MO 21/1/ ALESSANDRA GAVIOLI CARPI MO 9/9/ FRANCA GAVIOLI BOLOGNA BO 17/8/ FRANCO GAVIOLI VIGNOLA MO 4/3/ PAOLA GAVIOLI CASTELFRANCO EMILIA MO 1/4/ SILVIA GENNARI MODENA MO 27/6/ STEFANIA GENNARI MODENA MO 26/1/ PAOLO GHETTI MODENA MO 22/3/ MATTEO GHIDI VIGNOLA MO 30/10/ MARIA STEFANIA GHIRETTI PARMA PR 2/11/ ALBERTO GIACOMELLI MODENA MO 6/12/ ANDREA GIANFERRARI REGGIO NELL'EMILIA RE 2/8/ GIANCARLO GIANFERRARI REGGIO NELL'EMILIA RE 15/9/ MONICA GIANFERRARI REGGIO NELL'EMILIA RE 6/11/ ANDREA GIANSERRA NOVELLARA RE 5/8/ GIOVANNA GIAVELLI CASTELLARANO RE 3/3/ GELINDO GIBELLINI MODENA MO 24/3/ DEBORA GIBERTINI SASSUOLO MO 28/2/ MARCO GIBERTINI MODENA MO 14/4/ SARA GIBERTINI CARPI MO 12/3/ FRANCESCA GIORDANI MODENA MO 6/9/ SIMONA GIORDANI MODENA MO 4/5/ ALBERTO GIORDANO CARPI MO 9/8/ ANGELA GIOVANARDI CARPI MO 8/2/ ANNA GIOVANETTI REGGIO NELL'EMILIA RE 30/5/

41 299 CRISTINA GIROTTI CONCORDIA SULLA MO 27/8/1960 SECCHIA 300 VANNA GOLINELLI CAVEZZO MO 23/9/ FEDERICA GORRETTI MODENA MO 6/12/ RENATO GOVI MODENA MO 23/10/ TATIANA GRANDE CATANZARO CZ 20/1/ TOMMASO GRANDI MIRANDOLA MO 3/6/ FRANCA GRASSELLI TRAVERSETOLO PR 19/5/ CLAUDIA GRASSI LATINA LT 22/4/ MONICA GRASSI REGGIO NELL'EMILIA RE 15/1/ LORENZO GRECO MODENA MO 5/5/ PAOLO LUIGI GROSOLI MODENA MO 31/1/ ELEONORA GRUTTADAURIA CARPI MO 20/9/ RENATO GRUTTADAURIA MODENA MO 23/10/ ANNA MARIA GUALTIERI CAMPOSANTO MO 4/5/ MARIO GUALTIERI MODENA MO 27/4/ ELSA GUGLIETTA SPERLONGA LT 26/4/ LUCIA GUGLIETTA SPERLONGA LT 17/10/ MARIA GUGLIETTA SPERLONGA LT 15/11/ CARLA GUICCIARDI MODENA MO 1/3/ ELISA GUIDANI PAVULLO NEL FRIGNANO MO 21/4/ CARLO GUIDETTI MODENA MO 18/11/ DAVIDE GUIDI SASSUOLO MO 11/6/ DAVIDE GUSMANI MODENA MO 5/6/ DIEGO IACCHERI POLINAGO MO 13/11/ LUCA INCERTI VEZZANI REGGIO NELL'EMILIA RE 31/5/ LUDOVICA INTERLANDI PIEVE DI CADORE BL 13/5/ MONICA IOTTI NOVELLARA RE 16/7/ ENRICA LA ROCCA TERRACINA LT 24/7/

42 327 ANNALISA LANCELLOTTI MODENA MO 13/1/ SARA LANDI MODENA MO 10/5/ EVA LANDINI NOVI DI MODENA MO 22/10/ MAFALDA LANDINI SASSUOLO MO 28/1/ FEDERICA LANZONI MODENA MO 25/1/ FRANCO LANZONI BOMPORTO MO 28/4/ NUNZIATA LATERZA MATERA MT 17/12/ FAUSTO LEONARDI SASSUOLO MO 30/9/ FRANCESCA LEONI ASSISI PG 31/7/ PAOLO LEONI REGGIO NELL'EMILIA RE 19/8/ MIRIAM LODI MODENA MO 20/12/ PATRIZIA LODI MODENA MO 21/1/ ENRICO LOLLI CARPI MO 14/2/ VALERIA LOMBARDI MODENA MO 20/9/ ALICE LONGARINI CARPI MO 3/11/ ROBERTA LOSCHI REGGIO NELL'EMILIA RE 30/6/ MARIA RITA LOSI MODENA MO 12/2/ ALBERTO LOTTI MODENA MO 29/11/ GIULIANO LUGLI MODENA MO 24/7/ ENRICO LUPPI MODENA MO 19/1/ FRANCESCO LUSETTI REGGIO NELL'EMILIA RE 16/6/ DANIELE LUSVARDI CARPI MO 27/7/ MANUELA MAGISTRO REGGIO NELL'EMILIA RE 3/4/ TIZIANO MAILLI REGGIO NELL'EMILIA RE 16/11/ MARIA GRAZIA MALAGOLI MODENA MO 30/7/ ELENA MALAGUTI MODENA MO 13/2/ EMILIANO MALAGUTI SUZZARA MN 28/4/ FEDERICO MALAGUTI MODENA MO 26/9/

43 355 GIOVANNI MALAGUTI MODENA MO 27/12/ LUCA MALAGUTI MIRANDOLA MO 20/9/ SABRINA MALAGUTI MIRANDOLA MO 2/4/ FABIO MALAVASI MIRANDOLA MO 10/5/ GIORGIO MALAVASI SAN GIACOMO DELLE MN 1/7/1955 SEGNATE 360 PAOLO MALAVASI MODENA MO 7/9/ SIMONA MALAVASI MIRANDOLA MO 18/5/ STEFANIA MANFREDINI MODENA MO 26/8/ SIMONA MANICARDI MODENA MO 27/3/ CAMILLA MANZINI REGGIO NELL'EMILIA RE 21/4/ GRETA MANZINI VIGNOLA MO 6/10/ MASSIMILIANO MANZINI MODENA MO 1/10/ MATTEO MANZINI MODENA MO 28/4/ PAOLA MANZINI MODENA MO 23/12/ RAFFAELLA MANZINI SAN FELICE SUL PANARO MO 10/8/ ELISA MARASI GUASTALLA RE 14/1/ STEFANIA MARCHETTI CONCORDIA SULLA MO 25/2/1971 SECCHIA 372 MONICA MARCHI CARPI MO 6/9/ GIULIA MARETTI CARPI MO 15/5/ ALBERTO MARIANI REGGIO NELL'EMILIA RE 20/2/ PAOLA MARIANI MODENA MO 21/3/ GABRIELLA MARINO CAVA DÈ TIRRENI SA 26/11/ ALBERTO MARRI MODENA MO 13/8/ ILARIA MARRI REGGIO NELL'EMILIA RE 2/7/ LARA MARRI CARPI MO 29/7/ MARIA ADELE MARRI CARPI MO 9/8/ MONICA MARRI CARPI MO 2/10/ MARIA LUISA MARSILI ROME RM 25/9/

44 383 MARIALISA MASELLI CASTELFRANCO EMILIA MO 29/4/ ELISA MASEROLI REGGIO NELL'EMILIA RE 2/6/ MARCO MASSARI MODENA MO 6/7/ LUIGI ATTILIO MAZZOCCHI CATANIA CT 2/2/ ANTONELLA MAZZOLA CARPI MO 4/3/ POMPEA MAZZUOCCOLO MODENA MO 18/1/ LARA MEDICI MODENA MO 16/11/ ANDREA MELIOLI REGGIO NELL'EMILIA RE 5/10/ TAMARA MENOLFI MILAN MI 30/6/ LUCA MESSORI MODENA MO 23/9/ MARCO MESSORI MODENA MO 6/12/ GABRIELLA MIBELLI PORTOFERRAIO LI 3/8/ NICOLA MIGLIARI REGGIO NELL'EMILIA RE 3/7/ SAMANTHA MIRATI SCANDIANO RE 6/11/ CARLO ALDO MIRAZ VILLABASSA-NIEDERDORF BZ 21/1/ ELEONORA MIRI MODENA MO 25/10/ ANDREA MONTAGUTI VIGNOLA MO 19/7/ GIOVANNA MONTECCHI REGGIO NELL'EMILIA RE 16/4/ GIAN PAOLO MONTERMINI REGGIO NELL'EMILIA RE 22/7/ ANNA MONTORSI MODENA MO 28/3/ CATERINA MONTORSI MODENA MO 9/3/ LUISA MONTORSI MODENA MO 5/11/ VITTORIO MONTORSI MODENA MO 3/7/ VERONICA MORANDI CARPI MO 21/12/ ALESSANDRO MORANI REGGIO NELL'EMILIA RE 1/2/ ALFIO MORATTI REGGIO NELL'EMILIA RE 3/12/ FRANCESCA MORATTI REGGIO NELL'EMILIA RE 9/4/ PAOLA MORATTI REGGIO NELL'EMILIA RE 20/2/

45 411 MARCO MORGILLO MODENA MO 30/10/ SABRINA MORGILLO MODENA MO 18/3/ PAOLO MORI REGGIO NELL'EMILIA RE 17/1/ DEANNA MORINI RIO SALICETO RE 4/8/ VALENTINA MORONI PARMA PR 3/7/ ERNESTINA MUSI LUZZARA RE 6/7/ CLAUDIA MUSSINI REGGIO NELL'EMILIA RE 1/3/ MARTA MUZZIOLI MODENA MO 12/3/ ALFREDO ALESSANDRO NASOLE TARANTO TA 29/1/ LAURA NASSUATO TREVISO TV 24/7/ ALESSANDRO NATALE CANOSA DI APULIA BT 30/1/ AMOS NAVA MODENA MO 1/2/ GIOVANNA NERI NOVI DI MODENA MO 18/1/ PAOLO ANGELO NERI GYAMFI MODENA MO 30/4/ MARIA ANTONELLA NERI SASSUOLO MO 25/2/ ELENA NEVIANI SASSUOLO MO 16/5/ CHIARA NICOLINI MODENA MO 17/3/ ALESSANDRO NIZZOLI REGGIO NELL'EMILIA RE 17/9/ UMBERTO NIZZOLI REGGIO NELL'EMILIA RE 20/8/ FRANCESCA NOCETTI MIRANDOLA MO 15/5/ LUIGI NOCETTI FORMIGINE MO 20/6/ BEATRICE NUCERA CARPI MO 4/12/ EDOARDO NUCERA CARPI MO 10/9/ LEONARDO NUCERA ROME RM 6/8/ MARCO ORLANDI MODENA MO 14/4/ REMO PACCHIONI CAVEZZO MO 25/11/ MARA PAGLIANI FORMIGINE MO 8/5/ ROBERTO PALAZZI MODENA MO 12/9/

46 439 NARIDO PALAZZINI FANANO MO 6/11/ PALAZZO FORESTI SRL CARPI MO PALAZZO TRECCHI SRL CREMONA CR LORENA PALTRINIERI MODENA MO 6/8/ MASSIMO PALTRINIERI MODENA MO 9/12/ REBECCA PALTRINIERI CORREGGIO RE 12/8/ FABIO PALUMBO MONTECCHIO NELL'EMILIA RE 26/6/ LEONARDO PALUMBO GUASTALLA RE 1/10/ SALVATORE PALUMBO FOGGIA FG 12/4/ VITTORIO PANCALDI VIGNOLA MO 15/3/ DANIELE PANCIROLI GUASTALLA RE 31/7/ DANIELE PANISI REGGIO NELL'EMILIA RE 15/8/ SABRINA PANTANI SCANDIANO RE 10/11/ ANDREA PARENTI MODENA MO 31/1/ ALBERTO PARMIGGIANI VIGNOLA MO 23/4/ ADRIANO PARSINI MODENA MO 16/3/ MARISA PASINI CASTELNOVO NE' MONTI RE 9/9/ DANIELE PASSAMONTE MODENA MO 11/5/ GIACOMO PASTORELLI MODENA MO 15/2/ PIERPAOLO PATERLINI REGGIO NELL'EMILIA RE 19/3/ FRANCESCA PEDRAZZI MODENA MO 2/10/ PAOLO PEDRAZZI BOMPORTO MO 16/6/ ALESSANDRO PELLACANI CARPI MO 24/4/ BARBARA PELLECCHIA FOLIGNO PG 27/10/ ANDREA PELLESI SASSUOLO MO 21/2/ MARIA TERESA PERITI FIORENZUOLA D'ARDA PC 31/10/ GIOIA PEROSSA TRIESTE TS 5/10/ GIULIA PIACENTINI SASSUOLO MO 19/2/

47 467 LUCA PIACENTINI MODENA MO 27/1/ MATTEO PIACENTINI SASSUOLO MO 21/9/ FRANCESCO PIEDIMONTE MILAN MI 25/5/ GIORGIO PIERLI MODENA MO 30/9/ GIOVANNI PIFANO SALERNO SA 27/7/ ALESSANDRO PIGNATARO OSTIGLIA MN 26/9/ DAVIDE PINELLI CARPI MO 23/7/ MAURO PINELLI CARPI MO 2/9/ LORENZO PINOTTI PAVULLO NEL FRIGNANO MO 10/8/ ROBERTO PIOPPI REGGIO NELL'EMILIA RE 26/9/ MANUELA PIREDDA CARPI MO 25/12/ LARA PIRONDINI REGGIO NELL'EMILIA RE 29/2/ CARLO PISACANE SALERNO SA 8/1/ CLELIA PIVETTI MODENA MO 18/2/ DANIELA PIVETTI MODENA MO 30/5/ ROBERTO PLESSI MODENA MO 13/10/ MARCELLO POGGI MODENA MO 13/12/ SIMONA POLETTI MIRANDOLA MO 3/2/ ANDREA PONZONI MODENA MO 29/10/ FRANCO PONZONI MODENA MO 12/3/ MARTA PONZONI MODENA MO 18/2/ DANIELA POSENATO MODENA MO 26/1/ FEDERICO PRADELLA MODENA MO 9/1/ LUIGI PRANDINI MODENA MO 30/1/ ROMEO PRANDINI BOMPORTO MO 24/10/ NEMESIO PUGNAGHI PRIGNANO SULLA SECCHIA MO 15/9/ ANDREA QUADRI MONTECCHIO NELL'EMILIA RE 11/5/ ALBERTO QUAGLIERI RAVARINO MO 26/12/

48 495 SILVANO RADIGHIERI FORMIGINE MO 9/11/ SABRINA RAFFO MODENA MO 10/10/ ANTONIO RAGAZZONI MODENA MO 17/1/ FABRIZIO RAGAZZONI MODENA MO 6/3/ GIANLUCA RAGUZZONI MODENA MO 6/8/ YURI RAIMONDI MODENA MO 6/4/ FERNANDO RASO SAN GIOVANNI INCARICO FR 15/9/ FABIO REBOTTINI MODENA MO 12/11/ ENZO REBUCCI MODENA MO 21/5/ MATTEO REGGIANI CORREGGIO RE 10/5/ PAOLA RICCHI MODENA MO 12/5/ PAOLA RIGHETTI MODENA MO 3/3/ LAURA RINALDI FORMIGINE MO 7/2/ RINO RINALDI SCANDIANO RE 31/10/ SIMONE RINALDI GUASTALLA RE 21/4/ CARLO ALBERTO RINALDINI SASSUOLO MO 20/9/ LAMBERTO RIPARI MODENA MO 12/10/ SILVA RIQUADRI NOVELLARA RE 1/2/ ANDREA RIVOLI SASSUOLO MO 24/3/ ELENA RIVOLI SASSUOLO MO 13/10/ PAOLO ROACCHI REGGIO NELL'EMILIA RE 13/11/ STEFANIA ROACCHI REGGIO NELL'EMILIA RE 23/8/ EDDA ROBELLI MODENA MO 7/3/ NORMA RONCARATI CASTELFRANCO EMILIA MO 21/10/ BRUNO RONCHETTI NONANTOLA MO 22/5/ LUCA RONDELLI MANTUA MN 22/6/ ANTONIO ROSIGNOLI MODENA MO 7/11/ MARCO ROSIGNOLI MODENA MO 14/5/

49 523 MARTINA ROSIGNOLI MODENA MO 22/9/ MATTEO ROSIGNOLI MODENA MO 22/4/ ANGIOLINA ROSSETTI SASSUOLO MO 19/3/ FILIPPO ROSSI MODENA MO 29/4/ GLORIA ROSSI UDINE UD 2/7/ MONICA RUSSO SASSUOLO MO 20/12/ MARCELLO SABIONETA PARMA PR 21/11/ ROBERTO SABIONETA SAN LAZZARO PARMENSE PR 21/10/ MAURO SADDI REGGIO NELL'EMILIA RE 11/2/ GEORGIOS SAKKAS AMAROUSIO GREECE 16/4/ ELENA SALSI CORREGGIO RE 9/1/ ORNELLA SALVARANI REGGIO NELL'EMILIA RE 18/8/ CORRADO SANFELICI REGGIO NELL'EMILIA RE 17/10/ VILIO SANFELICI REGGIO NELL'EMILIA RE 23/10/ MASSIMILIANO SANI MIRANDOLA MO 17/10/ MARCO SANTINA CARPI MO 11/4/ UMBERTO SANTINA OSPITALETTO BS 2/7/ MARIO SAVASTANO VENAFRO IS 14/9/ ALESSIO SAVINI FORMIGINE MO 31/10/ ANDREINA SBARRETTA FOSSATO DI VICO PG 6/7/ PAOLO SCALTRITI MODENA MO 4/12/ SILVIA SCALTRITI CORREGGIO RE 6/3/ ENRICO SCAPINELLI MODENA MO 23/6/ PALMINA SCHENETTI SASSUOLO MO 19/5/ SIMONA SCUNZANI SASSUOLO MO 4/4/ MONICA SEGHEDONI MODENA MO 12/10/ ZELINDA SEGHIZZI FORMIGINE MO 26/3/ FRANCO SEGRE' FORMIGINE MO 7/9/

50 551 SERGIO SELMI MODENA MO 26/12/ STEFANO SELMI MODENA MO 26/6/ GIACOMO SERVADEI MODENA MO 29/5/ STEFANO SETTI CARPI MO 13/4/ LUCIA SGUERA TURIN TO 7/4/ KATIA SIGISMONDI PENNE PE 12/10/ FABRIZIO SILINGARDI MODENA MO 18/7/ ELISA SILINGARDI REGGIO NELL'EMILIA RE 13/8/ FRANCESCO SILINGARDI MODENA MO 16/10/ MAURIZIO SILINGARDI REGGIO NELL'EMILIA RE 8/3/ TIZIANO SIMONI MODENA MO 19/2/ CLAUDIO SOLI MODENA MO 12/1/ EDOARDO SORRENTI SASSUOLO MO 30/12/ ANSELMO SOVIENI MODENA MO 15/11/ ALBERTO SPAGGIARI MODENA MO 21/9/ LUCA SPAGGIARI REGGIO NELL'EMILIA RE 15/2/ ANDREA STAGNINI CASTELNOVO DI SOTTO RE 4/2/ BARBARA SUERI REGGIO NELL'EMILIA RE 9/2/ GIUSEPPE TACCONI CASTELNUOVO RANGONE MO 2/12/ PAOLA TACCONI MODENA MO 2/10/ ROBERTO TACCONI MODENA MO 24/6/ MARCO TAGLIAVINI MODENA MO 8/12/ AMADIO TAGLIAZUCCHI LAMA MOCOGNO MO 5/10/ ENRICO TAGLINI SASSUOLO MO 16/5/ FRANCO TAGLINI CASTELLARANO RE 19/7/ PAOLO TAGLINI SASSUOLO MO 3/1/ ANNA MARIA TALARICO MODENA MO 8/11/ CINZIA TALIANI MODENA MO 6/2/

51 579 MARCO TAMAGNINI MODENA MO 1/5/ MARCO TAPARELLI MODENA MO 23/9/ LUIGI TARDINI MODENA MO 2/7/ PIER GIUSEPPE TASSI CONCORDIA SULLA MO 20/12/1958 SECCHIA 583 GIOVANNI TEDESCHINI VIGNOLA MO 14/2/ ALBERTO TENEBROSI SAN GIACOMO DELLE MN 18/8/1946 SEGNATE 585 LUCIANO TENEGGI BAISO RE 28/2/ STEFANO TESINI MODENA MO 11/4/ TOMMASO TINTI MODENA MO 26/9/ ANTONIO TOLLI FOGGIA FG 11/10/ LUISA VITTORIA TONDO NARDÒ LE 28/6/ GIANLUCA TRABUCCO MODENA MO 24/5/ RAFFAELLA TURCHI CARPI MO 18/1/ GIANLUCA UGOLETTI REGGIO NELL'EMILIA RE 30/1/ FEDERICA VACCARI MODENA MO 23/12/ LUCA VACCARI MODENA MO 13/9/ MARCELLO VACCARI SASSUOLO MO 31/5/ VALERIA VACCARI MODENA MO 23/10/ VALERIA VACCARI MODENA MO 18/10/ EDMEA VACONDIO REGGIO NELL'EMILIA RE 22/8/ PAOLO VACONDIO REGGIO NELL'EMILIA RE 12/11/ PIETRO VACONDIO REGGIO NELL'EMILIA RE 28/6/ GIANCARLO VALENTINI FORMIGINE MO 17/7/ VERONICA VALLERY REGGIO NELL'EMILIA RE 8/3/ MASSIMO VALLI REGGIO NELL'EMILIA RE 26/8/ GIUSEPPE VANDELLI SASSUOLO MO 14/12/ MARIA PIA VANDELLI MODENA MO 17/5/ ALESSANDRO VANDINI MODENA MO 27/12/

52 607 ANNA MARIA VECCHI MODENA MO 12/10/ PATRIZIA VECCHI MODENA MO 29/7/ ERMANNA VELLANI MODENA MO 28/10/ VANNI VELLANI SASSUOLO MO 21/9/ ALICE VENEZIANI SAN GIOVANNI IN BO 13/11/1982 PERSICETO 612 ROBERTO GELMO VENEZUELA VENEZUELA 25/3/1966 VENTURELLI ANDREOLI 613 FLAVIO VERATTI SASSUOLO MO 5/11/ FRANCESCO VERONESI MODENA MO 22/2/ MASSIMO VERONESI CAVEZZO MO 12/9/ NICOLETTA VERONESI MIRANDOLA MO 9/2/ ANDREA VERRINI CORREGGIO RE 28/5/ MILENA VEZZANI NOVELLARA RE 18/3/ FRANCESCO VEZZELLI MODENA MO 18/8/ MARIA CRISTINA VEZZELLI MODENA MO 8/2/ ROBERTO VEZZELLI MODENA MO 27/10/ VALTER VIGNUDELLI NONANTOLA MO 6/6/ GIULIA VINCENZI CARPI MO 2/10/ SILVANA VINCENZI MODENA MO 18/10/ MARCO VOLPI MODENA MO 26/1/ JURI ZACCARINI CASTELFRANCO EMILIA MO 21/1/ ANTONIO ZAGNOLI ROME RM 21/10/ ELISABETTA ZAGNOLI MODENA MO 4/3/ GIOVANNA ZAGNOLI MODENA MO 19/12/ LUCA ZAMBELLI SASSUOLO MO 6/10/ PAOLA ZANAGA CENESELLI RO 30/6/ GIULIO ZANFI FORMIGINE MO 9/8/ NICOLETTA ZANNI MODENA MO 13/5/ LUIGI ZANTI REGGIO NELL'EMILIA RE 14/4/

53 635 ALBERTO ZARRELLI MODENA MO 28/4/ ROMANO ZEPPELLI MOGLIA MN 17/9/ GIORGIO ZIRONI FIORANO MODENESE MO 10/10/ FILIPPO ZITO MODENA MO 18/7/ CESARE ZOBOLI SASSUOLO MO 23/5/ VERONICA ZOBOLI SASSUOLO MO 19/9/ VITTORIO ZOBOLI SASSUOLO MO 24/9/1989 Total % of BPER's share capital held by the shareholders presenting list no. 1, as declared by them: 1.24% List no. 2 Shareholders presenting list no. 2 no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 EMANUELA ADANI VERONA VR 13/12/ NORBERTO ADANI PAVULLO NEL MO 23/7/1939 FRIGNANO 3 FABIO MASSIMO ADDARII BOLOGNA BO 28/10/ LARA LARA ZURIGO SWITZERLAND 14/11/ AGS AUTOMATION S.R.L. CASALGRANDE RE ADRIANO ALBANI BERGAMO BG 28/4/ ANDREA ALBERTI BOLOGNA BO 14/7/ ANNA ALLEGRETTI SUPERSANO LC 24/5/ GIANANDREA ALLEGRI RAVENNA RA 14/11/ STEFANO ALLORINI VIAREGGIO LU 19/6/ MARTINO AMADARDO SAN DONA' DI PIAVE PD 5/9/ STEFANO AMPOLLINI BRAZIL BRAZIL 5/2/ MATTEO ANDREOLI MODENA MO 26/12/ IMMACOLATA ANDREOTTOLA SAN SOSSIO AV 13/11/1968 BARONIA 15 ENRICHETTA ANNOVI MEDOLLA MO 11/3/ MARIA CONSOLATA APRILE LEVERANO LE 18/4/ FRANCO ARBIZZI CARPI MO 28/7/ ARTE COSTRUZIONI SRL RAPP.LEGALE CAVEZZO MO CRISTIANO DAMIANO 19 ASS.MI. 1 IMM. S.P.A. MODENA MO ASSICURATRICE MILANESE S.P.A.- INSURANCE MODENA MO COMPANY 21 ASSISTEC S.R.L. MODENA MO DANIELA BABILONI ROME RM 28/4/ MANUEL BABINI RAVENNA RA 30/1/ ANGELA BACCHELLI BOLOGNA BO 5/10/ GIUSEPPE BACCHIERI MONCHIO DELLE PR 12/6/

54 CORTI 26 GIUSEPPINA BAGGIO CASTELBUONO PA 9/2/ GIUSEPPE BAIOCCO ISCHIA NA 10/11/ VINCENZO BAIOCCO ISCHIA NA 5/3/ ELISABETTA BALATRONI RAVENNA RA 13/12/ FEDERICO BALATRONI FAENZA RA 26/5/ IVANOE BALATRONI RIMINI RN 18/6/ ANNA MARIA BALDELLI FOSSOMBRONE PU 7/8/ CARLO BALDINI MONTESE MO 20/7/ ANNA RITA BALLERINI MIRANDOLA MO 11/9/ MONICA BANORRI MODENA MO 18/12/ GIUSEPPE BARACCANI MONTESE MO 2/1/ MARCO BARALDI MILAN MI 7/5/ ACATE BARBANTI CAVEZZO MO 11/4/ ANDREA BARBANTI CAVEZZO MO 21/11/ GIORGIO BARBI REVERE RE 9/6/ PAOLA BARBIERI GUIGLIA MO 28/4/ GABRIELE BARTOLACELLI FORMIGINE MO 25/1/ OFAL BARTOLUCCI FANO AN 28/6/ GIANCARLO BASSI MODENA MO 8/5/ ERMANNO BATTAGLIA BUSTO ARSIZIO VA 30/9/ FRANCESCO BATTAGLIA MODENA MO 2/5/ GABRIELE BATTAGLIA MODENA MO 29/3/ KETTI BAZZANI SASSUOLO MO 5/6/ COSETTA BEGGI MODENA MO 31/10/ ANNA MARIA BELARDINELLI RIMINI RN 2/7/ ROSSELLA BELLEI MODENA MO 23/6/ MONICA BELLINI MODENA MO 17/8/ LARA BENATTI CAVEZZO MO 11/9/ ROBERTA BENEDETTI MODENA MO 9/12/ ADALBERTO BENEDETTI FORLI' FC 12/9/ ANSELMO BENEVENTI SERRAMAZZONI MO 23/3/ LUCIANO BERCELLI VERONA VR 16/10/ ROBERTO BERGAMINI MODENA MO 28/7/ WILLIAM BERGAMINI FINALE EMILIA MO 13/2/ CLARICE BERGONZINI SPILAMBERTO MO 16/6/ JUAN PEDRO BERNINI ARGENTINA ARGENTINA 24/7/ CARLA BERTACCHINI MODENA MO 19/11/ ALDO BERTARINI MONTESE MO 6/12/ ANTONIO BERTARINI MODENA MO 25/8/ GIOVANNA BERTARINI CASTEL D'AIANO BO 11/7/ LORENZO BERTARINI MODENA MO 10/12/ DENIS BERTOLANI SCANDIANO MO 13/8/ GIOVANNI BERTOLANI CASTELLARANO RE 12/7/ MARIO BEVINI MODENA MO 22/10/ ROBERTA BEVINI MODENA MO 21/9/

55 71 DELFINA BEVITORI NOVAFELTRIA RN 3/8/ ALBERTO BIAGINI CASTELFRANCO MO 26/9/1962 EMILIA 73 BIANCA BIAGINI BAZZANO MO 1/8/ BIAGINI TEMPRA METALLI MODENA MO SRL 75 ELENA BIANCHINI SAN FELICE SUL MO 19/12/1952 PANARO 76 GIORGIO BIGARELLI CARPI MO 31/8/ EUGENIO BIGI REGGIO EMILIA RE 31/7/ GIOVANNA BIGI REGGIO EMILIA RE 24/12/ ROSALIA BIONDI CENTURIPE EN 8/5/ MARINELLA BOASSA S.NICOLO' OR 3/2/1950 D'ARCIDANO 81 PIERANGELA BOASSA S.NICOLO' OR 1/2/1960 D'ARCIDANO 82 ANNA MARIA BONACINI MODENA MO 2/10/ DANIELE BONAVITA VALLESACCARDA AV 6/12/ ELISEO BONAVITA VALLESACCARDA AV 28/6/ GERARDO BONAVITA TREVICO AV 5/5/ FRANCESCO BONDI MODENA MO 5/1/ GIAN LUIGI BONDI PRIGNANO S/S MO 26/3/ MONICA BONI SASSUOLO MO 30/11/ JACOPO BONORA BOLOGNA BO 26/8/ LEDA BONORA ETHIOPIA ETHIOPIA 16/9/ MAURIZIO BONORA BOLOGNA BO 6/12/ MASSIMILIANO BONU MILAN MI 6/4/ LUCA BONZAGNI CASALECCHIO DI BO 26/5/1960 RENO 94 ALESSANDRO BORCHINI PARMA PR 20/7/ SERGIO BORELLI SASSUOLO MO 11/12/ CORRADO BORELLI SASSUOLO MO 13/8/ BORELLI CORRADO DITTA INDIVIDUALE FIORANO MODENESE MO FRANCESCA BORELLI SASSUOLO MO 18/2/ MATTEO BORELLI SASSUOLO MO 18/2/ GIANCARLO BORGHI MODENA MO 3/1/ ISABELLA BOSIO BOLOGNA BO 5/2/ GIUSEPPINA BRIGLIA BICCARI FG 10/2/ ROBERTO BRUNI MODENA MO 9/5/ MARIANO BUCCA U.S.A. U.S.A. 24/1/ ENRICO BUFALO VALLATA AV 25/6/ CARLO ALBERTO BULGARELLI MODENA MO 22/7/ FABIOLA BULGARELLI REGGIO EMILIA RE 31/7/ GIOVANNI BULGARELLI REGGIO EMILIA RE 2/11/ STEFANO BULGARELLI MODENA MO 6/12/ C.D.M. COSTRUZIONI SRL NAPLES NA ELISABETTA CADOSSI CARPI MO 9/1/ GIANCARLO CADOSSI BOLOGNA BO 15/7/ JENNIFER CADOSSI CARPI MO 21/9/

56 114 LUCA CALANCA MODENA MO 22/10/ ROBERTO CALANCA MODENA MO 27/7/ SIMONA CALANCA MODENA MO 22/7/ CRISTIANO CALORI MONTECCHIO EMILIA RE 4/3/ DANIELE CAMARDA LUINO VA 10/9/ MARIO CLAUDIO CAMMARATA MUGNANO NAPOLI NA 19/5/ GIANPAOLO CANTONI MEDESANO PR 5/7/ CARLA CAPACCI MELDOLA MO 2/6/ MARIA CAPOBIANCO CARIFE AV 24/5/ ISABELLA CARABELLESE CARPI MO 18/12/ ANNA PIA CARRETTI MODENA MO 13/6/ DANIELA CARUSO CERCOLA NA 4/12/ CARMINE MICHELE CASARELLA VALLATA AV 8/5/ LUCIA CASARI MODENA MO 28/2/ ILARIA CASTAGNA ISCHIA NA 31/10/ GIORGIO CAVAZZOLI CARPI MO 15/4/ MAURIZIO CAVEDONI CASTELVETRO DI MO 13/8/1958 MODENA 131 CB FREE SRL FORLI' FC STELLA CECOLI MARANO S/P MO 24/11/ CLARISSA CERRI BOLOGNA BO 31/10/ GIOVANNI CERRI CATTOLICA RN 3/8/ ANTONIO SALVATORE CICCHETTI AVELLINO AV 25/7/ ROCCO CICCHETTI AVELLINO AV 6/1/ SOCCORSA CILIBERTI SAN SEVERO FG 31/8/ LUIGI CIOFANI SALERNO SA 9/7/ FEDERICA CIPOLLI PAVULLO NEL MO 10/8/1988 FRIGNANO 140 GIORGIO CIPOLLI SASSUOLO MO 10/4/ ANNARITA CIRACO' BOLOGNA BO 11/11/ DANIELA MIRELA CIULIN BUCAREST BUCAREST 20/9/ CO.IM. SRL CHIANCIANO TERME SI ROBERTA CODEGA MILAN MI 22/7/ NICOLA VITO COLAIANNI PARMA PR 30/9/ MARGHERITA COMPAGNI FORMIGINE MO 6/2/ CONDOR STABILI PARTECIPAZIONI E MODENA MO INVESTIMENTI S.P.A. 148 CONSER SERVIZI SRL MONTESE MO VERONICA COPPA LACCO AMENO NA 2/4/ ANDREA COPPOLA GAGLIANO DEL CAPO LE 22/10/ GIANFRANCO CORNI SAN CESARIO S/P MO 1/7/ MARIA CRISTINA CORRADINI SASSUOLO MO 22/11/ PATRIZIO CORVINO CASAL DI PRINCIPE NA 26/3/ STEFANO COSCI REGGIO EMILIA RE 7/6/ CARLO COSTA FORLI' FC 24/12/ CELSO COSTA PREDAPPIO FC 12/3/ PIER LORENZO COSTA LUGO RA 10/8/ SABRINA COVILI PAVULLO NEL MO 19/12/

57 FRIGNANO 159 ATOS CREMONINI BOLOGNA BO 31/8/ CARLA CREMONINI CASTELFRANCO MO 20/7/1948 EMILIA 161 MASSIMO CRIPPA MONZA MB 30/4/ GIUSEPPE CRISTOFANI MELDOLA MO 9/3/ LUCA CRISTOFANI FORLIMPOPOLI FC 4/5/ MARIA CRISTINA CRISTOFANI MELDOLA MO 28/1/ MAURO CRISTOFANI MELDOLA FC 30/1/ BRUNO CRISTOFORI FAENZA RA 22/4/ CARLA D'AGOSTINO RAVENNA RA 17/12/ LILIANA D'AGOSTINO RAVENNA RA 14/11/ PAOLA DALLARI MODENA MO 30/8/ ANNA MARIA GIOVANNA DANIELE RAVENNA RA 24/6/ BARBARA DANIELI SASSUOLO MO 2/7/ ALESSANDRO DANOVI MILAN MI 21/5/ CARLO DE BENEDICTIS ROME RM 27/5/ LUIGI DE BENEDICTIS NAPLES NA 21/5/ CRISTIANA DE CARLI GUASTALLA RE 29/1/ MORGANA DE CASTRO BRINDISI BR 13/11/ MARIO DE DOMINICIS BOLOGNA BO 25/11/ GIANFRANCO DE GIUSTI ROME RM 16/7/ VINCENZO DE PAULA BELVEDERE CS 3/11/1978 MARITTIMO 180 ROBERTO DE ROBERTIS BARI BA 29/12/ STEFANIA DEL MAESTRO BORGO VAL DI TARO PR 3/12/ MATTEO DELLA CASA MODENA MO 11/9/ CLAUDIO DEMALDE' SAN SECONDO PR 12/11/1972 PARMENSE 184 GIUSEPPE DESIATO CAMPOBASSO CB 8/4/ TOMMASO DI CIANO LARINO CB 21/12/ CARMINE DI GIORGIO CARIFE AV 17/3/ ALFONSO DI PATRIZI TERNI TR 8/3/ BARTOLOMEO DI TONDO GREECE GREECE 25/5/ ANNA ROSA DINOZZI MODENA MO 9/2/ IRENE DIPINO RIMINI RN 12/6/ ENZO DONNINI MARANO S/P MO 24/11/ STEFANO DONNINI VIGNOLA MO 7/3/ PAOLO DORO RIMINI RN 10/10/ MARIA LUISA DOS SANTOS VILLA NOVA DE GAIA PORTUGAL 27/5/1950 PEREIRA 195 PIETRO DRUSIANI BOLOGNA BO 8/6/ ERBAR SRL RIMINI RN LUCA ERRANI FAENZA RA 15/9/ EUROSERVIZI DI SALA ANDREA & C. SNC SAN PROSPERO MO MARCO EVANGELISTI MOLINELLA BO 23/3/ VALERIA FABBRI BOLOGNA BO 20/9/ MONICA FACCHINI SASSUOLO MO 18/6/

58 202 EUGENIA ANTONIA FANTASIA CROTONE KR 12/2/ CORRADO FANTINI RAVENNA RA 8/12/ SERGIO FECI BORGO VAL DI TARO PR 27/8/ FRANCESCO ROMEO FERRANTINO MODENA MO 15/3/ SILVIA FERRARESI SASSUOLO MO 2/9/ GABRIELLA FERRARI SOLIERA MO 15/2/ MELISSA FERRARI MILAN MI 6/5/ SIMONA FERRARI MODENA MO 16/5/ MANLIO FERRARINI ETHIOPIA ETHIOPIA 21/10/ FERDINANDO FERRETTI MODENA MO 1/9/ ROBERTO FERRETTI ROME RM 30/1/ ANGELO FERRI BONDENO FE 18/6/ ENRICO FERRI MODENA MO 19/4/ ANDREA PIETRO FILIPPI VILLA MINOZZO RE 29/6/ ELISA FILIPPI CARPI MO 3/10/ LIVIO FILIPPI VILLA MINOZZO RE 12/6/ MATTEO FILIPPI CARPI MO 25/9/ FIN.BO SRL SASSUOLO MO MARCO FINA LECCE LC 4/5/ GLORIA FIORILLO MODENA MO 4/6/ LUCA FIORINI S.G.IN PERSICETO BO 31/3/ ELVIRA FLOREA MOLDAVIA MOLDAVIA 5/9/ PAOLINO ANTONIO FORGIONE AVELLINO AV 26/11/ FOTOCOLOR EXPRESS 2 SNC MODENA MO MARIA CECILIA FRANCHETTI MODENA MO 26/3/ LAURA FRAZZONI BOLOGNA BO 18/6/ MARIA GIUSEPPINA FRESA BADEN GERMANY 9/8/ CARLA FUSCHINI RAVENNA RA 16/8/ LUIGI FUSCONI CESENATICO FC 15/9/ G 3 - FERRARI SRL DI FERRARI GIUSEPPE E C. BASTIGLIA MO G.A.M. SERVIZI S.R.L. MODENA MO FRANCESCO GALLOTTA CEFALU' PA 16/5/ ADRIANO GANZERLI MIRANDOLA MO 7/10/ MARIA ROSA GARAGNANI CASTELFRANCO MO 15/11/1949 EMILIA 236 SONIA GARAGNANI CASTELFRANCO MO 7/12/1961 EMILIA 237 GIUSEPPE GARRONI RAVENNA RA 24/3/ RAFFAELLA GASPARRI LUGO RA 7/12/ ROLANDO GAVIOLI FINALE EMILIA MO 25/6/ MASSIMO GELATI PARMA PR 3/9/ MARIA ASSUNTA GENOVESE POTENZA PT 11/5/ LAURA GENTILEZZA BOLOGNA BO 1/11/ GIOVANNI GENTILI BERTINORO RA 10/11/ TERESA AMALIA GERAZOUNIS ETHIOPIA ETHIOPIA 25/4/ GESTIONE GRANDI HOTELS CENTRAL PARK MODENA MO S.R.L. 246 ANGELO GESUALDI CALENZA FG 23/2/

59 VALFORTORE 247 MAURIZIO GIANOTTI MODENA MO 19/11/ MAURO GIAROLI REGGIO EMILIA RE 21/5/ DANIELE GIBELLIERI ASCOLI PICENO AP 23/3/ WALTER GIBELLIERI ASCOLI PICENO AP 7/8/ AMEDEO GIGLIO NAPLES NA 20/2/ ILARIA GIGLIO NAPLES NA 21/7/ RAFFAELE GIGLIO NAPLES NA 30/5/ GIGLIO SRL FORLI' FC ROLANDO GIOVANARDI CASTELVETRO MO 16/1/1942 MODENA 256 GIADA GIOVANNINI RIMINI RN 12/5/ LUCIANO GIULIANI PRIGNANO S/S MO 29/1/ GIUMA S.R.L. GIULIANOVA TE ROSSANA GIUSTI SASSUOLO MO 20/5/ GM RENEWABLES S.R.L. GIULIANOVA TE PAOLO GOLDONI VIGNOLA MO 8/6/ GIAN STEFANO GOLINELLI BOLOGNA BO 24/4/ FRANCO GRASSILLI BONDENO FE 22/9/ FABIO GRECO MODENA MO 2/9/ ANNA MARIA GREPPI CIVITELLA DI FC 8/7/1958 ROMAGNA 266 ROBERTO GROSSI MIRANDOLA MO 29/7/ STEFANO GUALANDI CASTEL S.PIETRO BO 25/12/1969 TERME 268 ALESSANDRO GUALDI MODENA MO 18/10/ MASSIMO GUALTIERI MODENA MO 31/7/ ELISA GUERZONI MODENA MO 28/4/ FRANCA GUIDI CASTEL DI CASIO BO 8/11/ GUIDO GUIDI URBINO PU 17/9/ HOTEL ZODIACO SRL RIMINI RN I GIARDINIERI SNC MODENA MO VITO IACONA CATANIA CT 13/5/ IFC DI ZANOLI CLORINADA FIORANO MODENESE MO IMMOBILIARE ORCHIDEA SRL MODENA MO IMMOBILIARE RO.SE. SAS DI BENEDETTI MONTESE MO ROBERTA & C. 279 ROBERTA IOTTI REGGIO EMILIA RE 8/8/ SERGIO IOTTI REGGIO EMILIA RE 27/4/ ROSANNA ISPANI LEUT BELGIUM 2/8/ CLAUDIO IZZO POTENZA PZ 8/5/ CLAUDIO LAGHI RAVENNA RA 12/6/ FEDERICA LAMBRUSCHI CARPI MO 19/7/ MICHELE LAORTE CASTROVILLARI CS 4/2/ NICOLA LAROCCA SWITZERLAND SWITZERLAND 9/10/ SALVATORE LEDDA NURAGIUS CA 29/1/ RENATO LEO MONTEPULCIANO SI 24/8/ GERARDA MARIA LEONE VALLATA AV 20/1/

60 290 ORNELLA LIBBRA PAVULLO NEL MO 11/1/1960 FRIGNANO 291 UGO LIBERI MODENA MO 23/8/ NICOLETTA LICCIARDI PESARO PU 7/6/ ORNELLA LOLLI BOLOGNA BO 28/4/ ANDREA LUGLI MODENA MO 15/6/ RENZO LUGLI MODENA MO 24/12/ ROBERTO LUGLI MODENA MO 28/10/ ALFREDO LUISI SAN CHIRICO PZ 10/9/1953 RAPARO 298 MONICA SINFOROSA LUISI BOLOGNA BO 3/11/ MANUELA MAGNANI MODENA MO 25/10/ PIERGIOVANNI MAGNANI GUIGLIA MO 22/9/ ALBERTO MAGRO PALERMO PA 19/9/ DINO MALAVASI MODENA MO 14/10/ MARIA MALAVOLTI MONTESE MO 12/7/ TERESA MALAVOLTI MONTESE MO 18/10/ RUGGERO MAMMEI SESTOLA MO 17/3/ ROBERTO MAMMI CARPI MO 29/1/ ANGIOLINA MANFREDINI MODENA MO 30/6/ MAURIZIO MANFREDINI MODENA MO 27/1/ GIOVANNI MANTOVANI PARMA PR 17/1/ GIOVANNI MARCHINI BORGO VAL DI TARO PR 21/11/ ROBERTO MARCHINI BORGO VAL DI TARO PR 9/5/ GIAMPAOLO MARENA LACCO AMENO NA 24/7/ ALESSANDRA MARIANI BOLOGNA BO 11/12/ RAMONA MARIGLIANO CASTELFRANCO MO 24/11/1982 EMILIA 315 DANIELA MARINELLI NAPLES NA 15/11/ MARINI & PARTNERS GIULIANOVA TE S.R.L. 317 FRANCESCO MARINI GIULIANOVA TE 29/3/ YVONNE MARIOSA COSENZA CS 26/12/ MAURO MARRI MODENA MO 26/1/ MARIA CRISTINA MARTINELLI MODENA MO 22/6/ FRANCESCO MASCHERONI MODENA MO 23/7/ STEFANIA MASSARI PARMA PR 9/3/ LUCILLA MATTOZZI ASCOLI PICENO AP 15/6/ DAVIDE MAZZI CARPI MO 22/4/ SUSANNA MAZZOLI MODENA MO 15/9/ GIANCALLISTO MAZZOLINI MODIGLIANA FC 8/1/ UMBERTO MENONI PARMA PR 31/3/ ANNA GIULIA MENZANI FIDENZA PR 31/1/ CHIARA MENZANI PIACENZA PC 30/8/ FRANCESCO MENZANI PIACENZA PC 5/3/ CLAUDIO MESSINA NASO ME 12/12/ ROBERTO MEZZETTI BOLOGNA BO 19/4/ VIRGINIO MINARI BRESCELLO RE 12/8/

61 334 DARIO MINGARELLI GRIZZANA MORANDI BO 16/3/ DOMENICO FRANCESCO MINGRONE GERMANY GERMANY 31/3/ MARCO MINGRONE GERMANY GERMANY 11/9/ GIUSEPPINA MIOTTO GALLERIA VENETA PD 16/10/ MODENA CAPITALE AVIATION S.R.L. MODENA MO MODENA CAPITALE ENERGIA S.P.A. MODENA MO MODENA CAPITALE FINANCE S.P.A. MODENA MO MODENA CAPITALE INDUSTRY MODENA MO PARTECIPATIONS S.P.A. 342 MODENA CAPITALE INSURANCE MODENA MO PARTECIPATIONS S.P.A. 343 MODENA CAPITALE REAL ESTATE S.P.A. MODENA MO MODENA CAPITALE S.P.A. MODENA MO MODENA PROJECT & ENGINEERING S.R.L. MODENA MO CLAUDIO MONTANARI RAVENNA RA 15/5/ MARCO MONTANARI FIDENZA PR 9/1/ CHIARA MONTANINI MODENA MO 19/6/ GIAN FRANCO MONTERASTELLI FRANCE FRANCE 3/11/ COSTANTINO MONTEVERDI BEDONIA PR 17/3/ LUCA MONTI BOLOGNA BO 7/2/ MARIA GRAZIA MANFREDINI IN MODENA MO 17/10/1941 MONTI 353 MARTA MONTI MELDOLA MO 22/7/ PIER LUIGI MONTI MODENA MO 30/12/ BARBARA MORANDI MODENA MO 25/7/ FLAVIO MORANI NAPLES NA 2/3/ FIORELLA MUCCHI MODENA MO 31/7/ GIULIO NADINI PIANORO BO 7/10/ JESSICA NADINI VIGNOLA MO 17/8/ KATIA NARDI BOLOGNA BO 21/5/ GAETANO NASOLE TARANTO TA 27/8/ SALVATORE NASTRO NAPLES NA 28/7/ MAURIZIO NERI CARPI MO 25/7/ MICHAEL NERI FORLI FC 29/3/ GIORGIA NICCOLINI TREDOZIO FC 26/11/ DOMENICO NOBILE CATANZARO CZ 23/3/ MARIA OLIVERI S.GREGORIO CT 7/12/1943 CATANIA 368 CRISTIAN ORI SASSUOLO MO 3/6/ LUIGI ORLANDI SERRAMAZZONI MO 26/4/ NICOLA ORLANDI PAVULLO NEL MO 24/6/1965 FRIGNANO 371 CLAUDIA ORSI BOLOGNA BO 10/8/ PAOLO PAGLIA FONTEVIVO PR 11/5/ GIAMPAOLO PALAZZI CREVALCORE BO 27/8/ FRANCESCO PANNI FOSSOMBRONE PU 26/11/ ALESSANDRA PAPERINI MODENA MO 2/11/ LORETTA PASCARIELLO BOLOGNA BO 23/1/ DOMENICO PASCIOLLA CROTONE KR 31/1/

62 378 ADELINDA PASI FAENZA RA 27/10/ NICOLETTA PASOLINI MANTUA MN 19/4/ NORMA PASQUALI MONTEVEGLIO BO 18/1/ EMANUELA PASQUINUZZI TURIN TO 2/5/ ANGELO PASSINI MONTESE MO 12/5/ FRANCESCA PASSINI BOLOGNA BO 18/7/ FRANCESCA MERCEDES PAVESE VALLATA AV 30/3/ PASQUALE PAVESE VALLATA AV 18/7/ MARCO PEDRETTI PARMA PR 9/5/ ANDREA PELLEGRINI MODENA MO 23/7/ VASCO PELLEGRINI PAVULLO NEL MO 13/2/1941 FRIGNANO 389 ANASTA CHANDANI PERERA SRI LANKA SRI LANKA 19/12/ GIUSEPPE PERRELLA ISCHIA NA 24/11/ MARIA PERRELLA ISCHIA NA 31/7/ MARIA FRANCESCA PIANA BOLOGNA BO 30/6/ FILIPPO PIAZZA PARMA PR 8/10/ ELISABETTA PICCHIONI BOLOGNA BO 29/2/ LEONARDO PICCHIONI PAVULLO NEL MO 13/12/1961 FRIGNANO 396 RITA PICCINELLI VERGATO BO 15/7/ LOREDANA PICCININI TOANO RE 5/5/ MARIA MATILDE PINI MIRANDOLA MO 31/3/ MARIAGRAZIA PIOLI CAVRIAGO RE 20/5/ GIUSEPPE PISANO MONTAURO RC 10/7/ ALBERTO PIZZIRANI MODENA MO 30/8/ ALBA PLESCIA CHIETI CH 3/2/ COSTANTINO PLESCIA URURI CB 30/3/ MAURO PLESCIA CHIETI CH 3/1/ CATERINA POLITANO' POLISTENA RC 10/4/ MASSIMILIANO PORCARI PARMA PR 5/11/ PROGRAMMA ENERGIA S.R.L. MODENA MO PATRIZIA QUATTROCCHI MODENA MO 29/9/ R.EN.IT. S.R.L. GIULIANOVA TE ROBERTO RABACCHI MODENA MO 12/1/ MICHELE RAINIERI FIDENZA PR 25/4/ ANTONIO RANIERI PAVULLO NEL MO 6/7/1964 FRIGNANO 413 DANIELE RANIERI BOLOGNA BO 25/2/ MARIA RANIERI PAVULLO NEL MO 2/9/1960 FRIGNANO 415 CARMINE RAUSEO VALLATA AV 2/11/ GERARDO RAUSEO AVELLINO AV 28/4/ SERGIO RAZZOLI MODENA MO 2/5/ RENIT D S.R.L. GIULIANOVA TE RENIT GROUP S.P.A. GIULIANOVA TE ENRICO RICCHI MODENA MO 6/2/ LUCA RICHELDI MODENA MO 30/3/

63 422 ELISA RIGHI CARPI MO 28/8/ LORELLA RINALDI SAN PROSPERO MO 7/7/ RINALDO RIPA MERCATINO CONCA PU 25/5/ SUSANNA RODITI MILAN MI 20/11/ ERIO ROMBOLI MELDOLA MO 3/6/ LUIGI RONCONE CATANZARO CZ 9/6/ MONICA ROSSETTI MODENA MO 8/10/ ALESSANDRA ROSSI CARPI MO 30/5/ ERMANNO ROSSI NEGRAR VR 19/9/ LORETTA ROSSI BOMPORTO MO 11/7/ CLAUDIA ROVIGATTI CENTO FE 28/3/ GIAN PAOLO RUBBIANI MODENA MO 25/7/ RICCARDO RUBBIANI CARPI MO 11/10/ MICHELE RUSSO PARMA PR 26/3/ S.CO.E.S. SOCIETA' COOPERATIVA EDILE FORLI FC STRADALE PER AZIONI 437 S.S.I. SOCIETA` SASSOLESE INVESTIMENTI DI FIORANO MODENESE MO BENEDETTI ROBERTA 438 FABIANO SABATTINI PAVULLO NEL MO 13/3/1965 FRIGNANO 439 ANDREA SACCANI FIDENZA PR 16/5/ GUGLIEMO SACCANI MODENA MO 14/5/ MASSIMILIANO SACCANI MODENA MO 15/5/ LUCIA SALUSTI GUIGLIA MO 10/12/ VINCENZINA SALVATORE CASTEL BARONIA AV 3/11/ GABRIELE SALVEMINI BARLETTA BT 30/11/ DOMITILLA FLAVIA SAMORI' PAVULLO NEL MO 13/7/1982 FRIGNANO 446 DANIELE SAMORI' PAVULLO NEL MO 24/7/1961 FRIGNANO 447 FRANCESCO SANSONE COSENZA CS 18/10/ FLAVIO SASSATELLI SASSUOLO MO 4/8/ GIULIANO SASSATELLI PALAGANO MO 4/6/ FRANCESCO SASSONE BOLOGNA BO 3/2/ CATERINA SAVINO TORRE ORSAIA SA 6/5/ VALTER SAVIOLI BAGNACAVALLO RA 24/12/ TURNO SBROZZI ANCONA AN 17/2/ DANIELA SCAPINELLI MODENA MO 21/3/ GINA SCIANTI REGGIO EMILIA RE 30/7/ DEBORA SCORZONI BOLOGNA BO 25/7/ PAOLO SCOZZAFAVA CURINGA CZ 14/12/ PAOLO SEGHEDONI MODENA MO 25/7/ GUERRINO SEIDENARI SWITZERLAND CH 16/3/ MASSIMILIANO SEMPRINI RIMINI RN 25/5/ MARCO SICHERI IVREA TO 28/1/ ILARIA SIGHINOLFI VIGNOLA MO 2/12/ PIETRO SILANDRI FERRARA FE 28/1/ ELISA SIMONI MODENA MO 26/12/ ANDREA SIRENA MILAN MI 10/5/

64 466 GUIDO SISTI FERRARA FE 13/10/ ANDREA SMERIERI MIRANDOLA MO 2/8/ LUCA SOCI VIGNOLA MO 2/4/ IRENE SODANESI VIGNOLA MO 12/9/ PIA SOLA MODENA MO 2/8/ VINCENZO SORVILLO FRATTA MINORE NA 12/9/ FRANCESCA SQUILLACE CERNUSCO S.N. MI 20/6/ DAVIDE STAGNI DEGLI PAVULLO NEL MO 15/2/1981 ESPOSTI FRIGNANO 474 LAURA STAGNI DEGLI PAVULLO NEL MO 10/4/1972 ESPOSTI FRIGNANO 475 TEOBALDO STAGNI DEGLI MONTESE MO 18/7/1937 ESPOSTI 476 MIRELLA STEFANI FORMIGINE MO 25/8/ SIMONA STRAPPAZZON MODENA MO 15/1/ SILVIA STROZZI MODENA MO 29/9/ ANDREA TACCONI BOLOGNA BO 17/10/ MARINA TAGLE NAPLES NA 13/9/ CLAUDIA SAVINA TAINI MILAN MI 15/1/ PAOLO TAMASSIA CONCORDIA S/S MO 21/12/ MASSIMO TAPARELLI MODENA MO 30/1/ ROBERTO TARTARINI CASTELFRANCO MO 24/4/1954 EMILIA 485 ELISA TASSI BOLOGNA BO 5/7/ AMELIO TASSONI SERRAMAZZONI MO 17/8/ ANTONIO TAZZIOLI MODENA MO 12/2/ TEAL SRL IN LIQUIDATION FORLI FC GUALTIERO TEDALDI MELDOLA MO 25/11/ MANUEL TERZULLI VENOSA BA 18/12/ TESSITORE S.R.L. MODENA MO GIOVANNA TESTONI POGGIO RENATICO BO 29/7/ THE SHIRT S.R.L. GIULIANOVA TE FRANCO TINCANI PALAGANO MO 9/3/ SALVATORE TODESCA TAURASI AV 3/10/ MAURIZIO ANTONIO TOMASELLA PIETRAPERZIA EN 21/9/ FEDERICA TOMASSINI BOLOGNA BO 29/5/ LORENZO TOMASSINI BOLOGNA BO 8/6/ ALBERTO TORRICELLI MODENA MO 20/2/ SIMONE TRENTI CASTELFRANCO MO 29/3/1976 EMILIA 501 GLORIA TURRINI VIGNOLA MO 18/6/ MARIO TURRINI GAGGIO MONTANO BO 15/5/ CONCETTO VACIRCA CATANIA CT 9/5/ ROSANNA VALBONESI FORLI FC 9/1/ LUCIA VALCAVI LIGONCHIO RE 7/8/ STEFANO VANDELLI SASSUOLO MO 12/11/ STEFANIA VANZINI MODENA MO 3/7/ STEFANIA VARRIALE NAPLES NA 26/12/ GIANPAOLO VASINI CREMONA CR 7/11/

65 510 ANDREA VECCHI BOLOGNA BO 11/5/ LAURA VECCHI MODENA MO 8/5/ GRAZIELLA VECCHIE' SERRAMAZZONI MO 28/3/ PENELOPE VECLI PARMA PR 13/1/ SEBASTIANO VENTRICI ROMBIOLO VV 6/8/ PATRIZIA VENTURELLI MODENA MO 28/1/ ANGELO VERNA LAMA MOCOGNO MO 14/12/ FRANCESCA ANGELA VERNA MODENA MO 24/8/ MANUELA VERNENGHI BORGO VAL DI TARO PR 21/1/ PIETRO VERONESI BOLOGNA BO 3/10/ ELISA VERRI MODENA MO 23/7/ VERY LUXURY REAL ESTATE SRL REGGIO EMILIA RE AGOSTINO DONATO VETRANO S.PIETRO BR 27/7/1980 VERNOTICO 523 MARIA VEZZALI NONANTOLA MO 9/12/ LUCA VEZZANI REGGIO EMILIA RE 8/6/ NICOLA VICECONTI NAPLES NA 1/1/ GIANANDREA VIGILANTE BOLOGNA BO 26/11/ LORENZO VIGNOLI BOLOGNA BO 12/11/ LUCIO VIGNOLI BOLOGNA BO 27/4/ MAURO VIGNOLI CARPI MO 15/4/ STEFANIA VIGNOLI BOLOGNA BO 28/2/ ANGELO VILLANO ALFANO SA 9/3/ GERARDA MARIA VILLANO SAPRI SA 13/3/ WALTER VINCENZI MODENA MO 19/2/ ELISA VISENTIN ROVIGO RO 24/1/ MIRELLA ZANASI BAZZANO MO 13/9/ MONICA ZANNI MODENA MO 21/3/ ROBERTO ZECCHI FERRARA FE 14/5/ CARLO ZIONI MODENA MO 24/7/ CLAUDIO CLAUDIO LUZZARA RE 10/12/ SILVANA ZONATO S.BONIFACIO VR 17/11/ MONICA ZUCCONI CASTEL S.GIOVANNI PR 26/8/1961 Total % of BPER's share capital held by the shareholders presenting list no. 2, as declared by them: 0.27% List no. 3 Shareholders presenting list no. 3 no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 ANTONIETTA ABATE LAPIO AV 17/2/ VITO ABATE AVELLINO AV 17/9/ ANDREA ABBAGNARA REGGIO DI CALABRIA RC 16/11/ FRANCESCO ABBOSSIDA CORIGLIANO CS 27/7/1953 CALABRO 5 STEFANO ABRUZZESE GROTTAMINARDA AV 6/6/

66 6 FRANCESCO ACCORINTI TROPEA VV 28/4/ MICHELE ACCORINTI PARGHELIA VV 28/5/ VALENTINA ACCORINTI TROPEA VV 20/7/ GRAZIA ACERBO IN MAIETTA FERMO FM 7/11/ FRANCESCO AIELLO CATANZARO CZ 3/5/ GASPARE GENNARO AIELLO COSENZA CS 19/9/ MARIO AIELLO COSENZA CS 3/8/ FRANCESCA ALATI REGGIO DI CALABRIA RC 18/5/ NICOLA ALIASI AVELLINO AV 29/11/ GIOVANNI ALOE ROSSANO CS 29/7/ VINCENZANTONIO ALOI CATANZARO CZ 19/8/ CARLO ALTAVILLA VENTICANO AV 5/12/ ANTONIO ALVINO AVELLINO AV 24/9/ GENEROSO ALVINO AVELLINO AV 18/12/ RAFFAELE ALVINO AVELLINO AV 19/5/ SABINO ALVINO AVELLINO AV 13/9/ ANGELA AMATURO SALERNO SA 21/5/ MARIA AMICARELLI PESCARA PE 14/9/ TONY AMMIRATO DIJON FRANCE 15/1/ ANMIC RIABILITAZIONE CROTONE KR MARIA GIOVANNA ANTONELLI MONTECALVO IRPINO AV 25/11/ CLARA APICELLA SALERNO SA 18/6/ PIETRO APICELLA CAVA DE' TIRRENI SA 1/12/ STEFANIA APICELLA SALERNO SA 21/4/ CARMINE AQUINO ATRIPALDA AV 7/6/ ESTERINO AQUINO AVELLINO AV 5/1/ FRANCESCO ANTONIO ARCURI CROTONE KR 27/11/ ROMANA ARENA TROPEA VV 1/2/ CHIARA ARGENIO IN ROSSI AVELLINO AV 6/8/ ANTONIO ARGENZIANO AVELLINO AV 10/1/ ANTONIO ARGENZIANO AVELLINO AV 6/8/ LUCREZIA ARGENZIANO AVELLINO AV 11/4/ MAURIZIO ARRICALE AVELLINO AV 17/12/ ROSARIO ARTURI CUTRO KR 19/3/ ATTILIO TROPEA PREZIOSI DI EMI COSENZA CS

67 41 ANGELO AUTOLINO AVELLINO AV 9/9/ MASSIMO AVAGNANO AVELLINO AV 16/1/ PELLEGRINO AVAGNANO AVELLINO AV 26/6/ ROBERTO AVAGNANO AVELLINO AV 29/7/ CARMINE AVITABILE TORRE ANNUNZIATA NA 8/8/ SALVATORE AZZINARI CORIGLIANO CS 25/9/1966 CALABRO 47 ARTURO BALDINI FISCIANO SA 13/5/ GIACOMO GERARDO BALDO ZAMBRONE VV 4/7/ IGEA BALLARANO CANDIDA AV 12/4/ ROSA ALBA BARBERIO SAN GIOVANNI IN CS 22/11/1964 FIORE 51 ANTONIETTA BARBIERI VIBO VALENTIA VV 3/6/ PATRIZIA BARBIERI AVELLINO AV 29/8/ IVAN BARILE SAN GIOVANNI IN CS 25/4/1976 FIORE 54 MARIA ANTONIETTA BARRA CASTELVETERE SUL AV 6/4/1942 CALORE 55 PASQUALE BARRASSO FLUMERI AV 2/12/ ANTONIO BARTOLI AVELLINO AV 5/1/ ANTONIO PAOLO MICHELE VIBO VALENTIA VV 9/6/1963 BASILE 58 GIUSEPPE BASILE AVELLINO AV 2/3/ RITA BASILE MONTELLA AV 18/7/ MARIANO BATELLI NAPLES NA 29/11/ VALENTINA BATELLI SALERNO SA 27/2/ ANTONIO BATTAGLIA ISOLA DI CAPO KR 18/6/1960 RIZZUTO 63 SALVATORE BELLO MONTELLA AV 8/9/ ANTONIO BELLUCCI TROIA FG 18/9/ FRANCESCO BELSITO VIBO VALENTIA VV 27/4/ ALESSIA BENEDUCE AVELLINO AV 30/8/ ENRICO BENEDUCE AVELLINO AV 5/12/ SALVATORE BERGANTINO LIESTAL SWITZERLAND 31/12/ GIUSEPPE BERTUCCI REGGIO DI CALABRIA RC 8/10/ MANLIO BEVILACQUA CATANZARO CZ 22/5/ ANNA MARIA BIANCHI ALTAVILLA IRPINA AV 4/5/ ANTONIO BIANCO FONTANAROSA AV 15/4/ ITALO BILOTTO AIELLO DEL SABATO AV 4/7/ GIOVANNI BITONTI SAN GIOVANNI IN CS 3/10/1964 FIORE 75 MARIO BITONTI CATANZARO CZ 8/2/

68 76 CARMINE BLASI SWITZERLAND SWITZERLAND 29/1/ FELICE ANTONIO BOCCELLA NUSCO AV 12/8/ GIUSEPPE GAETANO GIORGIO REGGIO DI CALABRIA RC 19/7/1939 BOMBINO 79 ROSA BONAIUTO IN AVELLINO AV 8/3/1945 IANNACCONE 80 LUIGI BORRIELLO ARIANO IRPINO AV 5/5/ MARIA PIA BOSCO IN GENITO ALTAVILLA IRPINA AV 2/3/ ROSANNA BOVA AMARONI CZ 18/12/ MARIO BOVI ACERNO SA 8/12/ CLAUDIO BOZZACCO MONTELLA AV 13/7/ MASSIMILIANO BROSIO MARSCIANO PG 2/1/ SERAFINA BRUNETTI LONGOBUCCO CS 6/3/ ANNAGIULIA BRUNO AVELLINO AV 15/9/ CARLO BRUNO CANDIDA AV 8/11/ FULVIO BRUNO BENEVENTO BN 12/3/ LORENZA BRUNO SALERNO SA 7/5/ MARIO BUCCELLA MONTELLA AV 3/9/ SILVIA BUONERBA AVELLINO AV 2/9/ CORRADO BUONFIGLIO NAPLES NA 2/6/ VINCENZINO BUONO LUOGOSANO AV 29/8/ GUIDO BUONOPANE MIRABELLA ECLANO AV 10/2/ AQUILINO CALABRESE AVELLINO AV 5/7/ GIANFRANCO CALABRESE CROTONE KR 1/12/ MICHELE CALABRESE CROTONE KR 22/1/ LUIGI CALI' NOCERA INFERIORE SA 20/6/ ARMANDO CALLIPO CATANZARO CZ 11/10/ DAVIDE CALLISTO TROPEA VV 24/8/ FRANCESCO CALLISTO LAMEZIA TERME CZ 28/2/ ANTONELLO CANDELMO AVELLINO AV 22/4/ ROSA CANFORA NOCERA SUPERIORE SA 19/10/ ANTONIO CAPALBO CORIGLIANO CS 24/10/1970 CALABRO 106 ADELINA IOLANDA CAPAROTTA GIMIGLIANO CZ 15/6/ GIUSEPPE CAPASSO AVELLINO AV 16/4/ CAPEL SRL CORIGLIANO CS CALABRO 109 CESARE CAPOBIANCO AVELLINO AV 26/12/ GAETANO CAPOBIANCO OSPEDALETTO D'ALPINOLO AV 27/2/

69 111 GIUSEPPE CAPODANNO AVELLINO AV 25/7/ SALVATORE CAPOLUPO AVELLINO AV 16/12/ VITTORIO CAPOLUPO AVELLINO AV 28/1/ CARLO CAPONE MIRABELLA ECLANO AV 21/1/ FRANCESCA CAPONE NAPLES NA 22/4/ GAUDIANO CAPONE MONTELLA AV 30/12/ ANGELO CAPPUCCIO AVELLINO AV 22/7/ ANTONIO CARBONE LAPIO AV 5/2/ ERMINIA CARDINALE CICCOTTI BARGA LU 3/10/ GIUSEPPE CARFAGNO AVELLINO AV 2/3/ SALVATORE CARFAGNO AVELLINO AV 23/9/ SALVATORE CARFAGNO CASSANO IRPINO AV 4/10/ AGATA CARIA IN MUSACCHIO COTRONEI KR 4/11/ GIOVANNI CARIDI SOVERATO CZ 3/2/ MARIO ROCCO CARLOMAGNO TREBISACCE CS 28/10/ PIETRO CARLOMAGNO TREBISACCE CS 22/4/ MICHELE CARLUCCIO CONZA DELLA AV 28/9/1960 CAMPANIA 128 PIETRO CARNUCCIO BADOLATO CZ 5/11/ ALBERTO CAROLEI CROTONE KR 4/1/ MARIA CLARA CAROLEI BARI BA 14/10/ FLORA CAROTENUTO CAVA DE' TIRRENI SA 28/4/ GAETANO CARPENTIERO AVELLINO AV 28/9/ GREGORIO CARRATELLI AMANTEA CS 5/9/ GIUSEPPE CARRINO CAVA DE' TIRRENI SA 5/4/ AURELIA CARUSO SALERNO SA 28/8/ CAMILLO CARUSO CONTRADA AV 15/1/ FILOMENA CARUSO ALTAVILLA IRPINA AV 6/7/ FABIOLA CASALE AVELLINO AV 12/10/ ROBERTO CASE AGORDO BL 18/10/ GIULIO CASPARRIELLO TAURASI AV 1/8/ IRENE CATANOSO REGGIO DI CALABRIA RC 13/5/ CECINIA 90 S.R.L. MARINA DI DAVOLI CZ DANIELE CEFALO FONTANAROSA AV 12/3/ GABRIELLA CELESTINO CATANZARO CZ 4/10/ CEMENTI ARIANO S.R.L. ARIANO IRPINO AV

70 146 CENTRE LOGISTICA S.R.L. VILLAPIANA SCALO CS ERBERTO CERRACCHIO AVELLINO AV 2/4/ VIRGINIO CERRATO AVELLINO AV 31/8/ PAOLO CESARO CAVA DE' TIRRENI SA 21/12/ LUIGI CETERA NAPLES NA 11/6/ FRANCESCO CHIRICO NAPLES NA 1/9/ JOSEFINA CHIUMMO VENEZUELA VENEZUELA 14/6/ LUIGI CHIUSANO SANT'ANGELO DEI AV 9/1/1975 LOMBARDI 154 MARIACRISTINA CIAMPA FONTANAROSA AV 4/12/ ANGELANTONIO CIARDIELLO AVELLINO AV 2/3/ CONCETTA CICCONE CONZA DELLA AV 13/7/1962 CAMPANIA 157 GENNARO CILENTO CORIGLIANO CS 9/11/1967 CALABRO 158 AMELIA CIMINO CROTONE KR 20/1/ CARMINE CIPOLLETTA AVELLINO AV 9/5/ CIRO CIPOLLETTA AVELLINO AV 8/11/ FLORINDO CIRIGNANO TORRE LE NOCELLE AV 19/12/ PAOLA CIRIGNANO AVELLINO AV 15/1/ WALTER CIRIGNANO AVELLINO AV 20/9/ RENATO CIULLO ROSSANO CS 10/7/ VINCENZO CIZZA CROTONE KR 9/11/ CO. SER. FIN.-SRL REGGIO DI CALABRIA RC CO.GE.CA COSTRUZIONI CORIGLIANO CS GENERALI CALABRO 168 GENEROSO COLANGELO ARIANO IRPINO AV 24/6/ WALTER COLANTUONI ATRIPALDA AV 25/9/ BERNARDO COLELLA MONTEMILETTO AV 20/6/ GABRIELLA COLETTA NAPLES NA 11/8/ FRANCESCO CONVERSO ROSSANO CS 18/3/ ENZO COPPOLA LAPIO AV 3/12/ ROSARIA COPPOLA SALERNO SA 26/3/ TEODORO COPPOLA AVELLINO AV 28/8/ CORIGLIANO FIERE S.R.L. CORIGLIANO CS CALABRO 177 CORPO VIGILI NOTTURNI CROTONE KR SOCIETA' 178 ENEA CORRADO AVELLINO AV 27/7/ STEFANO CORRADO AVELLINO AV 9/9/ MARIA CORRARETTI ESPEDITO AVELLINO AV 13/2/

71 181 PASQUALE COVIELLO AVELLINO AV 8/6/ DOMENICO COVOTTA ARIANO IRPINO AV 27/7/ GIUSEPPE CREAZZO SCILLA RC 16/11/ GIOVANNI CRESCITELLI ALTAVILLA IRPINA AV 27/3/ GENEROSO CRESTA PATERNOPOLI AV 27/10/ MARIANNA CRISAFIO TROPEA VV 6/3/ MATTEO CRISCITIELLO MONTEFORTE IRPINO AV 19/7/ ANNA CRIVARI COSENZA CS 4/8/ FRANCO CRIVARI RENDE CS 19/6/ FERDINANDO CUCCINIELLO ATRIPALDA AV 31/3/ MARIA CUCCINIELLO AVELLINO AV 8/5/ EDUARDO CUCE' REGGIO DI CALABRIA RC 11/8/ DOMENICO CUGLIARI AUSTRALIA AUSTRALIA 24/4/ ALFONSO CUOCO VALLATA AV 21/6/ DOMENICO CURCIO CARFIZZI KR 26/9/ FRANCESCO CUSATO CROTONE KR 27/4/ ANDREA CUSIMANO BELMONTE PA 2/8/1950 MEZZAGNO 198 FRANCESCO CUSIMANO PALERMO PA 2/5/ ANTONIO CUTURELLO ROSARNO RC 1/1/ FRANCESCO D' ELIA ATRIPALDA AV 20/1/ MARIA BEATRICE D' ONOFRIO SWITZERLAND SWITZERLAND 26/7/ GABRIELE D'ACIERNO AVELLINO AV 8/2/ MAURIZIO D'AGOSTINO AVELLINO AV 1/6/ FRANCO D'AMBROSIO AVELLINO AV 26/2/ LUIGI D'AMBROSIO FONTANAROSA AV 19/9/ MARIA DOMENICA D'AMBROSIO CERVINARA AV 9/8/ ANTONIO D'AMICO SALERNO SA 13/12/ ANTONIO D'AMORE AVELLINO AV 6/5/ GIUSEPPE D'ARGENIO AVELLINO AV 19/7/ LUCIO DATTOLI AVELLINO AV 2/8/ DIEGO D'AUREA AVELLINO AV 22/4/ ANTONIO DAVOLA RICADI VV 12/7/ CARMINE DE BENEDETTO MANOCALZATI AV 18/12/ ITALO DE BENEDETTO ATRIPALDA AV 8/5/ MARIA ROSARIA DE CECIO BENEVENTO BN 22/5/

72 216 GIOVANNI BATTISTA DE COLA AVELLINO AV 6/11/ VANDA DE CRISTOFARO IN CASALNUOVO DI NA 16/12/1951 LIMATO NAPOLI 218 ALBERTO DE DOMINICIS FONTANAROSA AV 30/3/ ANNA DE FEO AVELLINO AV 18/3/ LIBERATORE DE GRUTTOLA ARIANO IRPINO AV 21/4/ GIUSEPPE DE LEO SAN SOSSIO AV 17/4/1962 BARONIA 222 FINUZZO DE LUCA LONGOBUCCO CS 6/12/ GERARDO DE LUCA SAN GIOVANNI IN CS 31/1/1956 FIORE 224 LUCIO DE LUCA COTRONEI KR 14/12/ MARTA DE LUCA TROPEA VV 3/5/ SALVATORE DE LUCA SAN GIOVANNI IN CS 18/10/1960 FIORE 227 GIOVANNI DE LUCIA MUGNANO DEL AV 17/9/1927 CARDINALE 228 MAURIZIO DE MAIO AVELLINO AV 17/5/ RAFFAELLO DE MAIO SALERNO SA 21/12/ ACHIROPITA DE MARCO ROSSANO CS 27/1/ ANTONIO DE MARCO MONTECALVO IRPINO AV 12/2/ GIULIANA DE MARCO CHIUSANO DI SAN AV 9/12/1963 DOMENICO 233 MARIADOMENICA DE MEO AVELLINO AV 24/10/ PIETRO DE MEO SANTO STEFANO DEL AV 19/7/1953 SOLE 235 NICOLA DE NAPOLI AVELLINO AV 8/3/ FLORO DE NARDO SAN FLORO CZ 13/11/ GAETANO DE PADUA AVELLINO AV 29/1/ GERARDO DE PADUA AVELLINO AV 21/6/ CARMINE DE PAOLA CERENZIA KR 8/8/ ARTURO DE PASCALE ROCCABASCERANA AV 10/10/ ANNA MARIA DE ROSA AVELLINO AV 17/7/ ROSALIA DE ROSA BENEVENTO BN 21/8/ DOMIZIANO DE ROSIS MORGIA CATANZARO CZ 26/4/ ALBERTO CARLO DE SIMONE U.S.A. U.S.A. 21/8/ ELIA VIRGINIO DE SIMONE U.S.A. U.S.A. 4/8/ GIUSEPPE DE SIMONE BAGNOLI IRPINO AV 20/10/ ANTONELLA PAOLA DE MELITO DI PORTO RC 29/6/1971 STEFANO SALVO 248 GIUSEPPE DE STEFANO MONTEFORTE IRPINO AV 6/10/ LUCIO DE STEFANO AVELLINO AV 27/6/ MARCO DE STEFANO AVELLINO AV 6/12/

73 251 COSTANTINA DE VENEZIA AVELLINO AV 5/10/ EDOARDO DE VITO AVELLINO AV 16/6/ GIAMPAOLO DE VITO ATRIPALDA AV 15/3/ GIULIANO DE VITO AVELLINO AV 23/11/ GIUSEPPE DE VITO AVELLINO AV 22/6/ COSTANTINO DEL GAUDIO AVELLINO AV 20/10/ COSTANTINO DEL GAUDIO AVELLINO AV 20/11/ GIUSEPPINA DEL GAUDIO AVELLINO AV 31/7/1951 TERRAGLIA 259 CARLA DEL GIUDICE NAPLES NA 7/2/ ANTONIO DEL GROSSO FONTANAROSA AV 14/9/ RAFFAELLA DEL TRONO CETRARO CS 8/2/ RAFFAELLO DELL'ERARIO AVELLINO AV 20/4/ ALFONSO DELLO BUONO MONTELLA AV 4/4/ CARMINE DELLO RUSSO AVELLINO AV 17/5/ NICOLA SILVIO DI DOMENICO TEORA AV 1/1/ ANNA DI FALCO AVELLINO AV 7/9/ CONCETTA DI FALCO AVELLINO AV 19/7/ LUCA DI FALCO AVELLINO AV 27/10/ VALENTINA DI GENUA SALERNO SA 14/2/ NICOLA DI IORIO TAURASI AV 25/5/ ANTONIO DI LECCE PORTICI NA 3/5/ NUNZIO DI LEO GUARDIA LOMBARDI AV 2/5/ MARIA TERESA DI MATTIA NAPLES NA 6/7/ ANTONIO DI PALMA ARIANO IRPINO AV 2/5/ MARIO DI TALIA FONTANAROSA AV 31/8/ ANNA DI TROIA ALTAVILLA IRPINA AV 18/6/ TERENZIO DI TROIA ALTAVILLA IRPINA AV 6/10/ ANTONIA DI VENEZIA ATRIPALDA AV 21/11/ MARIA CONCETTA DI VENEZIA ATRIPALDA AV 5/8/ RENATO DI VENEZIA AVELLINO AV 14/3/ CARMELA DIANA MONTORO AV 18/6/1951 SUPERIORE 282 FAUSTO DIANO MELITO DI PORTO RC 16/4/1979 SALVO 283 EMANUELA DIMIZIO ROSSANO CS 6/10/ DITTA PERRONE ANTONIO CORIGLIANO CS CALABRO 285 RAFFAELE DOTOLO MIRABELLA ECLANO AV 12/6/

74 286 CARMINE DRAGONE MONTELLA AV 8/6/ MAURO DRAGONE MONTELLA AV 6/5/ MARIO DRAGONETTI MONTELLA AV 26/8/ ECOROSS SRL ROSSANO CS EDAN S.R.L. CORIGLIANO CS CALABRO 291 BENEDETTO EGIDIO AVELLINO AV 13/3/ EMME COSTRUZIONI SRL RENDE CS EMPORIO DI PALUDI ROSSANO CS MASSIMILIANO 294 ROCCO ERRA AVELLINO AV 12/7/ ERREDUE SRL COSENZA CS FRANCESCO ESPOSITO AFRAGOLA NA 15/12/ F.LLI ARCIDIACONO G.& G. SNC CORIGLIANO CS CALABRO 298 GIOVANNI FABIANO CHIARAVALLE CZ 19/6/1968 CENTRALE 299 ANTONIO FALCONE ZAGARISE CZ 28/4/ VINCENZO FALCONE ZAGARISE CZ 19/1/ CARMINE FALSO SUMMONTE AV 2/2/ CELESTINO FALSO AVELLINO AV 6/4/ EUGENIO FALSO SUMMONTE AV 2/12/ ROBERTO FAMIGLIETTI AVELLINO AV 27/4/ ROCCO ANTONIO FAMIGLIETTI GROTTAMINARDA AV 16/11/ FARMACIA EREDI BARONE ROSSANO CS DOTT. GI 307 FATTORIE DEL SOLE S.R.L. REGGIO DI CALABRIA RC GRAZIANO FAVA CARAFFA DI CZ 22/5/1977 CATANZARO 309 GASPARE FAZIO SERRASTRETTA CZ 23/3/ LUIGI FAZIO SERRASTRETTA CZ 15/5/ LUCA FEDERICO COSENZA CS 12/3/ LUCIA FELTRE LOVERE BG 30/8/ ANNA MARIA FENUTA FOGGIA FG 4/7/ PELLEGRINO FERRANTE AVELLINO AV 7/4/ ANTONIO FERRARA PALMA CAMPANIA NA 5/1/ GIOVANNI FERRARA NAPLES NA 15/3/ DOMENICO FERRARELLI SAN GIOVANNI IN CS 30/12/1957 FIORE 318 CARMINE FESTA AVELLINO AV 17/3/ MAURIZIO FESTA AVELLINO AV 3/10/ STEFANIA FESTA AVELLINO AV 2/1/

75 321 VINCENZO FESTA AVELLINO AV 22/12/ SALVATORE FIGLIUOLO MONTELLA AV 26/5/ AMEDEO FIGORILLI CATANZARO CZ 9/1/ ANDREA FIGORILLI CATANZARO CZ 2/1/ ANTONIO FIGORILLI ANTRODOCO RI 15/3/ NATALE FIGORILLI CATANZARO CZ 27/6/ CARLO FINIZIO NAPLES NA 15/3/ CIRO FINIZIO NAPLES NA 12/11/ CONSIGLIA FIORE AVELLINO AV 2/11/ GIANLUCA FIORE COSENZA CS 18/11/ DOMENICO FIORILLO VIBO VALENTIA VV 23/7/ MARIO FLOVILLA MONTECALVO IRPINO AV 9/4/ ADELE FORTE COSENZA CS 22/4/ DOMENICO FORTE AVELLINO AV 4/5/ FRANCESCO ALFONSO APRIGLIANO CS 1/8/1952 FRANCAVILLA 336 PATRIZIA FRANCHINI AVELLINO AV 23/9/ PATRIZIA FRANCIOSA PATERNOPOLI AV 18/9/ ALESSIO FREDA SAN NICOLA BARONIA AV 27/8/ DOMENICO FRESCA SAN COSTANTINO VV 23/5/1962 CALABRO 340 MARIA ROSARIA FRESE AVELLINO AV 16/12/ LINDA VIRGINIA FRICCHIONE MILAN MI 30/10/ ANTONIO FUCCI AVELLINO AV 26/1/ GENEROSO FUCCI AVELLINO AV 21/4/ STEFANO FUCCI ATRIPALDA AV 17/6/ VINCENZO FUCCI AVELLINO AV 21/8/ MARCO ANTONIO FURNARI MESSINA ME 11/3/ LUIGI FUSCO AVELLINO AV 7/2/ G.& G. COMPONENTS S.R.L. VIBO VALENTIA VV CARMINE GAETA AVELLINO AV 28/10/ TERESA GAETA ALTAVILLA IRPINA AV 26/9/ MARIA GALANTE SALERNO SA 17/6/ SAMANTA GALASSO AVELLINO AV 7/11/ ELIO GALDO PRATOLA SERRA AV 14/9/ MARIO GALDO PRATOLA SERRA AV 24/2/ DOMENICO GALLIANO BENEVENTO BN 12/6/

76 356 VITTORIO GALLIANO BENEVENTO BN 11/3/ ALFONSO GALLO MONTEMARANO AV 31/3/ GIANFELICE GALLO MONTEMARANO AV 10/2/ GIUSEPPE GALLO CORIGLIANO CS 8/1/1965 CALABRO 360 NATALE PIETRO GALLO CORIGLIANO CS 28/6/1963 CALABRO 361 SAVERIO GALLO SAN GIOVANNI IN CS 21/1/1967 FIORE 362 SERGIO GALLO MANDATORICCIO CS 1/9/ ANGELO GALLUCCIO ATRIPALDA AV 7/3/ ENZO GALLUCCIO BENEVENTO BN 3/10/ VITTORIO GAMBACORTA ARIANO IRPINO AV 28/1/ MARISA GAMBALE MONTEMARANO AV 17/9/ ANGELO GAMBINO FONTANAROSA AV 2/7/ EZIO GAMBONE MONTELLA AV 2/3/ ANTONIO GAROFALO SALZA IRPINA AV 20/4/ GIANLUCA GATTI CASALE AL 27/2/1977 MONFERRATO 371 ROSALBINO GATTI COSENZA CS 21/10/ FRANCESCO MARIA GATTO TREBISACCE CS 22/7/ GE.CO. - S.R.L. VIBO VALENTIA VV DIEGO GENITO ALTAVILLA IRPINA AV 6/11/ LUCA GENITO ATRIPALDA AV 3/3/ MASSIMO GENITO ALTAVILLA IRPINA AV 10/1/ SARA GENITO ATRIPALDA AV 9/12/ HELDER GENTILE SALERNO SA 11/3/ ROBERTO GENTILE AVELLINO AV 7/6/ ROSARIO GENTILE JONADI VV 20/4/ TITO GENTILE CERIGNOLA FG 26/7/ FILIBERTO GENZALE MIRABELLA ECLANO AV 18/10/ MARIO GIACOBBE AVELLINO AV 12/9/ PIETRO GIANGRECO REGGIO DI CALABRIA RC 24/9/ SERGIO GIANGRECO REGGIO DI CALABRIA RC 21/7/ GIOVANNI GIANNICCO ROSSANO CS 2/6/ BENIAMINO GIANNOTTI MONTELLA AV 7/11/ GAETANO GIANZI CORIGLIANO CS 1/1/1948 CALABRO 389 GLENDA GIGLIO BARI BA 20/5/ MICHELE GILIBERTI AVELLINO AV 8/8/

77 391 ALFONSO GIORDANO MONTEFORTE IRPINO AV 8/1/ GIANCARLO GIORDANO AVELLINO AV 13/6/ MASSIMO GIORDANO REGGIO DI CALABRIA RC 29/4/ LAURA GIOVANNITTI AGNONE IS 6/8/ ANTONIO GIUSTO FONTANAROSA AV 8/1/ TOMMASO GRANOSO AVELLINO AV 29/8/ FRANCESCO GRASSO SALERNO SA 11/2/ LEONARDO GRASSO FOGGIA FG 23/12/ MIRETTA GRASSO ARIANO IRPINO AV 24/5/ GIOVANNA GRAZIANO ARIANO IRPINO AV 29/10/ LUIGI GRAZIANO AVELLINO AV 24/1/ DOMENICO GRAZIOSO ARIANO IRPINO AV 6/8/ GIACINTO GRECO NAPLES NA 3/12/ ROSITA GRECO AVELLINO AV 11/3/ RAFFAELE GRELLA AVELLINO AV 16/10/ ANTONIO GRILLO ROSSANO CS 6/2/ CARMELO GRIMALDI AVELLINO AV 29/9/ ELENA GRIMALDI AVELLINO AV 26/5/ FABRIZIO GRIMALDI AVELLINO AV 6/8/ IDA GRIMALDI IN SQUILLACIOTI SANTA SEVERINA KR 20/2/ LAURA GRIMALDI AVELLINO AV 15/9/ ROCCO GRIMALDI AVELLINO AV 31/10/ PAOLA GUALTIERI IN LO RUSSO CATANZARO CZ 10/5/ ENRICO GUERRIERI CARAFFA DI CZ 20/8/1965 CATANZARO 415 RAFFAELE GUERRIERI BORGIA CZ 2/1/ ROCCO GUGLIELMO CATANZARO CZ 12/9/ ROBERTO GUIDO COSENZA CS 25/3/ I.CA.CE.M. DI RINALDI VINCENZO CORIGLIANO CS CALABRO 419 MODESTINO MARIA IANDOLI AVELLINO AV 2/7/ ANNA IANDOLO AVELLINO AV 25/3/ VINCENZO IANDOLO AVELLINO AV 25/8/ ANTONIO IANNACCONE AVELLINO AV 14/5/ CARMELINA IANNACCONE AVELLINO AV 13/11/ MAURIZIO IANNACCONE AVELLINO AV 30/4/ ANNA IANNARONE ARIANO IRPINO AV 1/7/

78 426 PIERO IANNELLO VIBO VALENTIA VV 26/1/ ANTONIO IENNACO AVELLINO AV 25/11/ FIORENTINO IEPPARIELLO AVELLINO AV 7/6/ FELICE IMBRIANI CONZA DELLA AV 2/1/1949 CAMPANIA 430 ANNABELLA INCARDONA SIRACUSA SR 19/11/ ANTONIO INDRESANO MIRABELLA ECLANO AV 21/4/ EMILIO LUGIO IORIO BIENNE AV 18/12/ MICHELE IOVANNA SANT'ANGELO AV 29/9/1959 ALL'ESCA 434 PASQUALE IOVINE AVELLINO AV 23/3/ MICHELE IRTO REGGIO DI CALABRIA RC 4/10/ LUISA LA CAVA IN SCAMBIA ROME RM 17/2/ GAETANO LA TORRE TROPEA VV 20/7/ MASSIMILIANO LA TORRE TROPEA VV 11/9/ MARCELLO LA VERDE VENTICANO AV 9/10/ LUCIA LABBIENTO ROME RM 6/1/ MARGHERITA LABRUNA AVELLINO AV 31/7/ LUIGI LACAVA CATANZARO CZ 6/2/ AMALIA LAINO CATANZARO CZ 7/5/ GENNARO LANDI MONTORO AV 28/4/1957 INFERIORE 445 ROSARIA LANDO COMO CO 27/7/ MARIA GRAZIA LANDOLINA REGGIO DI CALABRIA RC 7/4/ FRANCO LAPIANA CATANZARO CZ 2/7/ DIEGO LAPIETRA ROSSANO CS 18/5/ LAPIETRA PASQUALE DITTA ROSSANO CS LAPIETRA S.R.L. ROSSANO CS VINCENZO LAPIETRA COSENZA CS 24/11/ SIMONA LAUDATO AVELLINO AV 30/5/ FRANCESCO LAUDONE SAN DEMETRIO CS 1/3/1966 CORONE 454 GERARDO LAVORATO CORIGLIANO CS 9/8/1931 CALABRO 455 FULVIO LENZI MONTELLA AV 15/2/ CONCETTA LEONARDIS CATANZARO CZ 29/11/ ANTONINO LEPORE SERINO AV 21/6/ MARIANGELA LEPORE AVELLINO AV 19/4/ SALVATORE LEPORE MONTELLA AV 2/1/ LUCIA LIBRETTO AVELLINO AV 18/10/

79 461 GIOVANNI LICCIARDI CORIGLIANO CS 27/7/1953 CALABRO 462 ANNALISA LIMATOLA NAPLES NA 18/11/ MARICA LIMATOLA NAPLES NA 19/10/ PASQUALE LIMATOLA NAPLES NA 16/2/ RAFFAELE LIMATOLA NAPLES NA 8/8/ ADOLFO LIMONE MONTEFORTE IRPINO AV 21/2/ ALBERTO LIMONE AVELLINO AV 10/4/ ALBERTO LIMONE AVELLINO AV 28/4/ BRUNO LIMONE MONTEFORTE IRPINO AV 5/1/ MODESTINA LIMONE AVELLINO AV 9/11/ MODESTINO LIMONE AVELLINO AV 15/2/ GERARDO LO CASALE MONTECALVO IRPINO AV 21/6/ ANTONIO LO CONTE MONTECALVO IRPINO AV 19/7/ ELISA LO PILATO AVELLINO AV 29/3/ CARLO LO RIGGIO VIBO VALENTIA VV 24/11/ GRAZIA LO SCHIAVO VIBO VALENTIA VV 17/10/ MARIA VITTORIA LO SCHIAVO REGGIO DI CALABRIA RC 4/11/ SABINO LOFFREDO AVELLINO AV 12/8/ ALFONSO LOMBARDO AVELLINO AV 26/4/ ANNAMARIA LONGO CROTONE KR 24/8/ VITTORIO LONGOBARDI BARI BA 8/1/ DAVIDE LOPETRONE SWITZERLAND SWITZERLAND 19/4/ ENZA LOPEZ IN FERRARELLI SWITZERLAND SWITZERLAND 28/12/ FILOMENA LOPEZ SAN GIOVANNI IN CS 21/5/1967 FIORE 485 ANGELA LORENZO CATANZARO CZ 22/8/ GIANFRANCO LORIA COSENZA CS 29/9/ GIOVANNI LORIA COSENZA CS 22/5/ RINO SALVATORE LORIA AARAU SWITZERLAND 19/8/ ANTONIO LORO FONTANAROSA AV 10/1/ RIZZIERO LOSCO ATRIPALDA AV 9/10/ SALVATORE LUFRANO CASSANO ALL'JONIO CS 6/12/ ROBERTO LUISI AVELLINO AV 10/3/ DOMENICO LUPPINO REGGIO DI CALABRIA RC 18/4/ AGOSTINO MADEO CORIGLIANO CALABRO 495 ANTONIO MADEO CORIGLIANO CALABRO CS 26/1/1957 CS 3/11/

80 496 FIORE MADEO ROSSANO CS 1/5/ FILIPPO MAFFEO SAN POTITO ULTRA AV 27/9/ ANGELO MAGLIO AVELLINO AV 15/1/ GIUSEPPE FELICE MAGLIO SWITZERLAND SWITZERLAND 12/6/ NICOLA MAGLIO ALBENGA SWITZERLAND 9/3/ SERGIO MAGLIO AVELLINO AV 1/3/ ANGELA MAIETTA AVELLINO AV 2/3/ MARIA MAINIERI ARIANO IRPINO AV 24/2/ LEONARDO MAIUOLO BORGIA CZ 23/11/ PIERO ANTONIO MALLAMACE REGGIO DI CALABRIA RC 3/5/ FILIPPO MALTESE REGGIO DI CALABRIA RC 23/8/ OTELLO MANFRA AVELLINO AV 11/3/ BIBIANA MANGANELLI SANTA PAOLINA AV 30/12/ ARMANDO MANIERI CATANZARO CZ 27/2/ MASSIMO MANNA COSENZA CS 28/3/ FRANCO MANZELLI MONTECALVO IRPINO AV 6/11/ GIOVANNI MANZI CARIFE AV 19/8/ CLAUDIO MANZO AVELLINO AV 9/4/ GIOVANNI MANZO AVELLINO AV 30/7/ GRETA MARANI CATANZARO CZ 2/3/ DOMENICO MARANO AVELLINO AV 9/3/ MARANO MIRELLA DITTA SAN GIOVANNI IN CS FIORE 518 GIOVAMBATTISTA MARAZITA SAN GIOVANNI IN CS 14/1/1952 FIORE 519 SALVATORE MARAZITA SAN GIOVANNI IN CS 5/1/1964 FIORE 520 ENRICO MARINO NUSCO AV 30/4/ MASSIMO MARRELLI CROTONE KR 2/3/ GIUSEPPE MARTIRE BORGIA CZ 10/4/ RENATO MARTUCCI SERINO AV 28/9/ ANTONIO MASCIOLA MIRABELLA ECLANO AV 14/11/ ANTONIO MASTANTUONI AVELLINO AV 11/8/ FRANCESCO MASTANTUONI AVELLINO AV 31/7/ MARCO MASTANTUONI ATRIPALDA AV 17/9/ SARA MASTANTUONI ATRIPALDA AV 1/10/ RAFFAELINO MASTROIANNI CONFLENTI CZ 5/11/ MICHELE GERARDO MASUCCI VOLTURARA IRPINA AV 17/4/

81 531 FRANCESCO MATARAZZO AVELLINO AV 9/9/ VINCENZO MATARAZZO AVELLINO AV 20/11/ PIETRO MAURIELLO SANT'ANDREA DI AV 20/12/1965 CONZA 534 ANTONIO MAURO BORGIA CZ 22/3/ DOMENICO MAZZA SAN GIOVANNI IN CS 23/11/1949 FIORE 536 PASQUALE ROMANO MAZZA VIBO VALENTIA VV 10/10/ GIANCARLO MAZZEI MONTELLA AV 26/3/ LUCA MAZZEI CROTONE KR 16/12/ MARIO COSTANTINO MAZZEI COSENZA CS 7/7/ FRANCESCO MAZZUCA COSENZA CS 1/1/ MEDI TECNIKA S.R.L. CROTONE KR ARCANGELO MELIGENI CORIGLIANO CS 21/8/1975 CALABRO 543 ROSETTA MELIGENI CORIGLIANO CS 20/1/1967 CALABRO 544 DEMETRIO MELISSARI REGGIO DI CALABRIA RC 12/8/ RAFFAELE MEOLI APOLLOSA BN 26/9/ ALFREDO MERCATANTE SAN COSTANTINO VV 9/4/1962 CALABRO 547 ROSA MERCURIO AVELLINO AV 24/11/ ROBERTO MESIANO TROPEA VV 29/4/ ARTURO MIGLIARO NAPLES NA 10/8/ EMILIA MIGNOLA AVELLINO AV 19/3/ MARIA MILITERNO COSENZA CS 11/6/ PATRIZIA MILITERNO COSENZA CS 11/4/ LAURA MINICUCCI SANT'ANGELO DEI AV 13/1/1960 LOMBARDI 554 PASQUALE MIRABELLI SAVELLI KR 13/5/ GIUSEPPE MOCCIA AVELLINO AV 1/10/ MOLINO BRUNO S.P.A. MONTALTO UFFUGO CS CRISTINA MOLINO IN ORLANDO ROSSANO CS 25/10/ GREGORIO MONTILLO MONTEPAONE CZ 6/2/ ETTORE MONTORSI NAPLES NA 5/9/ ANTONIO MORANO SANT'ANGELO DEI AV 28/11/1948 LOMBARDI 561 ILARIO MORELLI SAN GREGORIO VV 10/10/1959 D'IPPONA 562 MARIA MANUELA MORELLI CATANZARO CZ 24/10/ SALVATORE MORREALE SWITZERLAND SWITZERLAND 2/11/ GINA MORRONE SAN GIOVANNI IN FIORE CS 13/9/

82 565 PASQUALE MUOIO CORIGLIANO CS 17/5/1968 CALABRO 566 MASSIMO MUROLO REGGIO DI CALABRIA RC 28/6/ ANTONIO MUSACCHIO COTRONE KR 13/4/ ROSARIA MUSACCHIO CROTONE KR 15/8/ MASSIMO MUSTO PRATOLA SERRA AV 27/3/ FABIOLA NAPOLETANO IN ATRIPALDA AV 6/12/1961 CRISCUO 571 ETTORE BRUNO NAPOLI REGGIO DI CALABRIA RC 23/1/ LUISA NAPOLI MONTORO AV 4/6/1965 INFERIORE 573 PATRIZIA NAPOLI IN CHINDEMI REGGIO DI CALABRIA RC 28/9/ DONATELLA NAPOLITANO AVELLINO AV 23/5/ RAFFAELE NEVOLA SALERNO SA 14/5/ GERARDO NICASTRO BAGNOLI IRPINO AV 28/7/ VITTORIO NIGRO BAGNOLI IRPINO AV 14/5/ ALFONSO NOCITI CASTROVILLARI CS 12/8/ LUCA NUTINI AVELLINO AV 9/11/ ANTONIO OLIVERIO SAN GIOVANNI IN CS 15/11/1953 FIORE 581 ROSARIA ANGELA OLIVERIO COSENZA CS 16/10/ MASSIMO OLIVIERO UDINE UD 4/5/ TERESA ORLANDO IN SILLETTA SAN GIOVANNI IN CS 15/10/1968 FIORE 584 OTRANTO GIUSEPPE DITTA ROSSANO CS MARIAROSARIA PACIFICO SALERNO SA 17/11/ VINCENZO PACIFICO CASTELFRANCI AV 7/11/ ATTILIO PACILIO AVELLINO AV 28/6/ MODESTINO PADUANO AVELLINO AV 5/6/ PAFRAL REGGIO DI CALABRIA RC MATTEO PAGANO SALERNO SA 13/12/ ANTONIO PAGLIARO ZAGARISE CZ 9/11/ DOMENICO SANTE PALERMO VILLAPIANA CS 1/11/ FRANCESCO PALERMO VILLAPIANA CS 7/10/ PIETRO PALERMO PATERNOPOLI AV 2/10/ FRANCESCO PALLADINO AVELLINO AV 31/1/ FRANCESCO PALUMMO CORIGLIANO CS 20/4/1957 CALABRO 597 FRANCESCO PAONESSA CATANZARO CZ 6/4/ LOREDANA PAONESSA CATANZARO CZ 8/5/ GIUSEPPE PAPARATTO RICADI VV 23/6/

83 600 DOMENICO PASCUZZI COTRONEI KR 16/11/ GIANCARLO PASQUA TRANI BT 21/12/ NICOLA PASQUARIELLO AVELLINO AV 30/4/ PINA PASQUARIELLO FONTANAROSA AV 16/2/ MARIA PASQUINO PATERNOPOLI AV 14/5/ ROSALIA PASSARO MONTELLA AV 3/10/ CARMELINA PELLINO SANT'ANGELO A AV 5/10/1964 SCALA 607 FABIO PELUSO AVELLINO AV 8/6/ MARCELLO PELUSO BENEVENTO BN 22/6/ MIRKO PELUSO AVELLINO AV 17/11/ ORLANDO PELUSO AVELLINO AV 18/10/ MASSIMILIANO PENNA TORRE LE NOCELLE AV 23/7/ EUGENIO PENTA SAN GIORGIO A NA 28/11/1962 CREMANO 613 FIORENTINO PEPE LUOGOSANO AV 21/5/ GENNARO PERCOPO AVELLINO AV 23/12/ GIOVANNI PERCOPO AVELLINO AV 20/4/ VINCENZA PERCOPO AVELLINO AV 24/10/ FRANCESCO PERILLO TORELLA DE' AV 6/12/1959 LOMBARDI 618 ANTONIO PERRETTA COSENZA CS 22/7/ ALESSANDRA PERRI COSENZA CS 29/9/ GABRIELLA PERRI CATANZARO CZ 16/1/ GERARDO PERRI SAN GIOVANNI IN CS 26/3/1962 FIORE 622 ROSALBA PERRI LEUGGERN SWITZERLAND 3/7/ DAMIANO PERRONE TERRANOVA DA CS 9/9/1955 SIBARI 624 PASQUALE PERROTTI AVELLINO AV 6/5/ NILO PERSICO COSENZA CS 15/3/ ANTONIO PESCATORE CASTELVETERE SUL AV 22/3/1969 CALORE 627 VITTORIO PESCATORE FONTANAROSA AV 14/1/ WALTER PESCATORE AVELLINO AV 23/12/ DANIELA PETITTO VENTICANO AV 9/3/ ANGELO PETRIGNANI BENEVENTO BN 27/9/ PETRONE SRL TREBISACCE CS MICHELE PETROZZIELLO AVELLINO AV 27/3/ OSVALDO PETROZZIELLO AIELLO DEL SABATO AV 6/1/ MICHELE PETRUZZIELLO PRATOLA SERRA AV 25/11/

84 635 VINCENZO PETRUZZO GESUALDO AV 14/3/ EMILIO PEZZANO AVELLINO AV 18/1/ GUIDO PEZZELLA MIRABELLA ECLANO AV 13/6/ GIAMPIERO CARMINE BENEVENTO BN 20/6/1965 PICCIRILLO 639 ANGELA MARIA PICCOLO SAN GIOVANNI IN CS 10/4/1951 FIORE 640 FRANCESCO PICCOLO SAN GIOVANNI IN CS 24/2/1963 FIORE 641 PIGNATARO AUTOMOBILI S.R.L. CORIGLIANO CS CALABRO 642 GIUSEPPE PIGNATARO CORIGLIANO CS 20/5/1972 CALABRO 643 NATALINA PIGNATARO CORIGLIANO CS 27/7/1968 CALABRO 644 BEATRICE PIRONE IN GENITO AVELLINO AV 26/10/ SALVATORE PIRRO CARIATI CS 12/3/ DOMENICO PISANO ROSSANO CS 23/11/ PASQUALE PISANO AVELLINO AV 21/7/ CATALDO PISCOPO AVELLINO AV 14/5/ ROBERTO PISTOLESI AVELLINO AV 25/12/ GERARDO PIZZIRUSSO SANT'ANGELO DEI AV 23/10/1961 LOMBARDI 651 ANGELO POLCARI ALTAVILLA IRPINA AV 15/11/ ANTONIO RENATO POLCARI ALTAVILLA IRPINA AV 29/7/ ULDERICO POLCARI ALTAVILLA IRPINA AV 7/2/ ANTONIO POLCARO MANOCALZATI AV 15/9/ GIUSEPPINA PONTOLILLO MELFI PZ 1/1/ ALBERTO PORCARO NAPLES NA 18/9/ FRANCESCO PORCELLI VIBO VALENTIA VV 20/5/ CHIARA PORCELLI SERINO ATRIPALDA AV 27/9/ VINCENZO PORCELLI ATRIPALDA AV 2/3/ PORCELLI VINCENZO - S.A.S. VIBO VALENTIA VV PASQUALINO PORCIELLO AVELLINO AV 20/11/ FRANCESCO POTENTINO CORIGLIANO CS 31/8/1974 CALABRO 663 GUGLIELMO PRATICO' REGGIO DI CALABRIA RC 11/12/ SABINO PREZIOSI SERINO AV 8/2/ CARMINE PREZIUSO AVELLINO AV 27/12/ ROSARIO PROCOPIO BORGIA CZ 6/10/ SALVATORE PROCOPIO CATANZARO CZ 24/11/ PROJECT-COSTRUZIONI GENERALI VIBO VALENTIA VV

85 669 ANDREA PROTO CATANZARO CZ 11/8/ LILIANA PROTO IN CALABRESE CROTONE KR 25/10/ RICCARDO PROTO CROTONE KR 11/4/ FRANCESCO PUGLIESE DRAPIA VV 13/11/ ANTONIO PULICE COSENZA CS 17/12/ DOMENICO PULICE SAN GIOVANNI IN CS 15/10/1976 FIORE 675 DEMETRIO QUATTRONE REGGIO DI CALABRIA RC 21/6/ GIULIANA RAFFAELE IN AVELLINO AV 16/2/1962 CRESCITE 677 DANIELA RAGO TARANTO TA 19/9/ GIUSEPPE RAIMO BAGNOLI IRPINO AV 28/2/ MAURIZIO RANAUDO ALTAVILLA IRPINA AV 28/10/ FRANCESCO RAO SAN GIOVANNI IN CS 13/12/1960 FIORE 681 GABRIELLA RAPA IN DE LEO AVELLINO AV 24/3/ MARIA RAPOLLA SANTO STEFANO DEL AV 27/1/1963 SOLE 683 NUNZIO RAPOLLA SANTO STEFANO DEL AV 21/7/1960 SOLE 684 FRANCESCO RENNA AVELLINO AV 2/2/ RAFFAELE RESTAINO PATERNOPOLI AV 29/11/ ASSUNTA RICCIARDI AVELLINO AV 5/3/ MILENA RICCIARDI AVELLINO AV 9/5/ GRAZIA IDA RICCIO CASTELFRANCO IN BN 21/4/1927 MISCANO 689 FRANCA RINALDI IN BARILLARI CORIGLIANO CS 30/3/1969 CALABRO 690 GRAZIELLA RINALDI IN CORIGLIANO CS 30/6/1971 LAVORATO CALABRO 691 IOLANDA SIMONA RINALDI CORIGLIANO CS 8/4/1979 CALABRO 692 MARIA ALESSANDRA RINALDI CORIGLIANO CS 21/11/1980 CALABRO 693 NICOLA RINALDI MORMANNO CS 20/2/ VINCENZO RINALDI CORIGLIANO CS 15/6/1973 CALABRO 695 GIULIANO RIZZO PADUA PD 17/2/ GIUSEPPE NICCOLO' RIZZO PADUA PD 17/6/ NICOLA RIZZO COSENZA CS 23/7/ OTTORINA RIZZUTO IN SAN GIOVANNI IN CS 12/1/1958 OLIVERIO FIORE 699 ERRICO ROCA AVELLINO AV 2/8/ FIORENZO ROMANIELLO MONTELLA AV 26/9/ FRANCO ROMANO SANTO STEFANO DEL AV 25/2/1963 SOLE 702 MICHELINA ROMANO GROTTAMINARDA AV 12/10/

86 703 RAFFAELE ROMANO MONTEMARANO AV 19/8/ VINCENZO ROMANO CORIGLIANO CS 29/9/1976 CALABRO 705 MASSIMO FILOCAMO ROMEO REGGIO DI CALABRIA RC 22/5/ ROMEO FIORENTO CATANZARO CZ 26/7/ MICHELE ROSATO FONTANAROSA AV 5/1/ CHIARA ROSSANI AVELLINO AV 29/8/ ROBERTA ROSSANI AVELLINO AV 14/10/ ANTONELLA ROSSI ALTAVILLA IRPINA AV 13/6/ DANIELE ROSSI CATANZARO CZ 9/8/ FRANCESCA ROTIROTI CARDINALE CZ 11/8/ CARLO ROTONDI AUFIERO AVELLINO AV 20/5/ GIUSEPPE ROTONDI AUFIERO AVELLINO AV 3/1/ LELIA ROTONDI AUFIERO AVELLINO AV 30/10/ EUGENIO ROVITO COSENZA CS 1/1/ ALFREDO RUBINO FONTANAROSA AV 19/5/ MICHELE RUBINO SANT'ANGELO AV 27/5/1963 ALL'ESCA 719 NICOLA RUBINO FONTANAROSA AV 24/11/ AMINTORE RUGGIERO AVELLINO AV 25/6/ GIANCARLO RUGGIERO NAPLES NA 24/11/ GIUSEPPE RUGGIERO FONTANAROSA AV 20/2/ MARIA RUGGIERO SAN GIOVANNI IN CS 17/3/1948 FIORE 724 PATRIZIO RUGGIERO AVELLINO AV 9/6/ PIETRO RUMIANO AVELLINO AV 26/7/ ROBERTO RUMIANO AVELLINO AV 31/8/ AMERIGO RUSSO AVELLINO AV 9/12/ CONCETTA RUSSO BENEVENTO BN 15/6/ FRANCESCO RUSSO CROTONE KR 3/8/ TERESA RUSSO IN SPOSATO CROTONE KR 29/4/ SA.I.BA. S.R.L. ISOLA DI CAPO KR RIZZUTO 732 FILIPPO LUIGI SACCA' REGGIO DI CALABRIA RC 21/6/ ANTONELLO SALIERNO AVELLINO AV 9/7/ SANNILO GROUP S.P.A. ROSSANO CS VIRGINIA SANSEVERINO OSPEDALETTO AV 5/9/1957 D'ALPINOLO 736 ALFONSO SANTANIELLO AVELLINO AV 6/6/ MASSIMO SANTORIELLO SALERNO SA 31/10/

87 738 ANTONIO SANTOSUOSSO MONTECALVO IRPINO AV 15/4/ GIOVANNI SANTUCCI AVELLINO AV 14/10/ SAPI S.A.S. DI SALVATORE CORIGLIANO CS PIGNA CALABRO 741 EMIDDIO SAPIO AVELLINO AV 17/2/ PELLEGRINO SAPORITO AVELLINO AV 2/7/ ANGELO SARAGO' TROPEA VV 1/12/ DAVIDE SARAGO' TROPEA VV 14/10/ MICHELE SARAGO' VIBO VALENTIA VV 19/10/ SILVIO SARAGO' TROPEA VV 18/4/ TEODORICO SARTI AVELLINO AV 2/7/ ANTONIO SAUCHELLA PONTE BN 8/11/ UMBERTO SAVOIA ROSSANO CS 12/7/ VINCENZO SCACCIA CIRO' KR 21/5/ EMILIANO SCALERA TREVISO CS 1/5/ GIANFRANCO SCALERA BUCCINO SA 10/9/ ANTONINO SCAPPATURA REGGIO DI CALABRIA RC 19/5/ MARIA SCARCELLA NAPLES NA 12/6/ FABIO SCARTAGHIANDE CAVA DE' TIRRENI SA 17/4/ FRANCO SCHETTINO NAPLES NA 16/12/ FRANCESCO SCHIARITI TROPEA VV 25/5/ ANTONELLO SCHIAVONE AVELLINO AV 12/12/ VITTORIO SCHIAVONE REGGIO DI CALABRIA RC 25/1/ GAETANO SCIDA CROTONE KR 10/3/ ERNESTO SCIGLIANO ROSSANO CS 3/6/ SCIVOLETTO GIULIO DITTA DAVOLI CZ GIANLUCA SCOPPETTUOLO AVELLINO AV 19/6/ DOMENICO SCORDAMAGLIA SIMBARIO VV 13/9/ OSMONDO SCOZZAFAVA AVELLINO AV 14/10/ LORENZO SCUDERI CATANZARO CZ 9/9/ ANTONIETTA SELLAROLI AVELLINO AV 6/8/ OLIMPIA SELLAROLI AVELLINO AV 23/3/ LUIGI SELLITTO AVELLINO AV 22/3/ ANTONIO SERRAGO CASSANO ALL'JONIO CS 23/5/ ANTONIO SERVENTI ARIANO IRPINO AV 22/12/ FELICE SEVERINO ALTAVILLA IRPINA AV 22/7/

88 773 VINCENZO SGANGA SAN GIOVANNI IN CS 12/5/1967 FIORE 774 ANTONELLA SICILIANO AVELLINO AV 9/7/ SALVATORE SIGNORELLI GIRIFALCO CZ 17/11/ DANIELA SILIPO CROTONE KR 6/8/ ERNESTA LUCIA SILIPO CROTONE KR 13/12/ FRANCESCO SILIPO CROTONE KR 24/6/ VALENTINA SILIPO CARIATI CS 10/6/ IACINA SILVESTRI CORIGLIANO CS 1/4/1955 CALABRO 781 CARMELA SIMONE CORIGLIANO CS 30/9/1948 CALABRO 782 ALBERTO SIMONTE NAPLES NA 16/1/ MARIO SIMONTE NAPLES NA 20/3/ ANGELO SIRIANNI SAN PIETRO CZ 3/1/1965 APOSTOLO 785 ANGELO SORRENTINO AVELLINO AV 8/3/ GIUSEPPE SPADAFORA SAN GIOVANNI IN CS 29/10/1958 FIORE 787 LELIA SPAGNUOLO IN AVELLINO AV 3/10/1929 VALENTINO 788 PAOLO SPAGNUOLO AVELLINO AV 17/5/ PELLEGRINO SPAGNUOLO AVELLINO AV 30/5/ MARIANO SPINA COSENZA CS 10/6/ RAFFAELE SPINELLI AVELLINO AV 19/4/ FABIO SPINIELLO CAPRIGLIA IRPINA AV 19/5/ DAMIANO SPOSATO ACRI CS 8/5/ GIUSEPPE SPOSATO CORIGLIANO CS 9/2/1964 CALABRO 795 GIUSEPPE SPOSATO ACRI CS 1/1/ MARIO SPOSATO ACRI CS 3/8/ SERGIO SPOSATO CORIGLIANO CS 2/6/1960 CALABRO 798 SPOSATO SERGIO & C. SAS CORIGLIANO CS CALABRO 799 GIUSEPPE SQUILLACIOTI CROTONE KR 1/9/ CARMELA STORTI PATERNOPOLI AV 20/1/ GIANFRANCO STORTI AVELLINO AV 2/4/ ANTONIO STRACCIA AVELLINO AV 16/11/ GIUSEPPE STRANGIO MELITO DI PORTO RC 31/5/1970 SALVO 804 CARMELA STRIGARO CORIGLIANO CS 22/5/1950 CALABRO 805 GIOVANNI STRUSI AVELLINO AV 19/5/ STUDI E PROGETTAZIONE ASS. CORIGLIANO CALABRO CS

89 807 DEMETRIO SURACE REGGIO DI CALABRIA RC 4/1/ FRANCO TALARICO COSENZA CS 9/8/ TALARICO FRANCO & C. S.N.C. SAN GIOVANNI IN CS FIORE 810 MARIO TALARICO SAN GIOVANNI IN CS 17/11/1972 FIORE 811 SALVATORE TALARICO SAN GIOVANNI IN CS 6/6/1966 FIORE 812 ALESSANDRO TALLARICO CICALA CZ 28/5/ FABIO VITALE TARANTINO AVELLINO AV 18/2/ VINCENZO TARANTINO GERMANY GERMANY 19/10/ ALFONSO TARTAGLIA ALTAVILLA IRPINA AV 28/4/ ANTONIO TECCE PATERNOPOLI AV 31/7/ SALVATORE TECCE AVELLINO AV 10/5/ ANNA TEDESCHI IN PALLADINO NAPLES NA 27/11/ ANTONIETTA TEDESCHI NAPLES NA 22/8/ GAETANO TEDESCHI SERINO AV 27/5/ GINA TEDESCHI AVELLINO AV 1/1/ MARIO TEDESCHI SERINO AV 20/9/ SERENA TEDESCHI AVELLINO AV 12/8/ ALBERTO TEDESCO SAN GIOVANNI IN CS 20/5/1955 FIORE 825 TEDESCO GIACINTO LUIGI F. CROSIA CS 19/2/ ANGELO CORRADO GENOA GE 19/11/1963 TERRANOVA 827 CARMELA TIERNO AVELLINO AV 5/7/ GIUSEPPE TIERNO AVELLINO AV 6/6/ CARMINE TIRRI AVELLINO AV 2/6/ SALVATORE TOMASELLI CATANZARO CZ 11/10/ MARIO TOSCANO CATANIA CS 12/4/ TOSCANO MARIO DITTA CORIGLIANO CS CALABRO 833 TOSCANO MARIO SRL CORIGLIANO CS CALABRO 834 ANTONIO TRAPANI LOMBARDO REGGIO DI CALABRIA RC 2/9/ SERAFINO TRENTO CARIATI CS 12/5/ TERESA ANNA TRIPODI VIBO VALENTIA VV 3/5/ ANTONIO TROISI ATRIPALDA AV 13/5/ DONATO TROISI ATRIPALDA AV 22/6/ GIUSEPPINA TROPEA LAPPANO CS 4/5/ DOMENICO TULIMIERO MERCOGLIANO AV 16/3/ TUTTO PER L'AUTO - DE MARCO S. COSENZA CS

90 842 MICHELINA LUIGIA URBANO FOGGIA FG 24/1/ ANGELINA URCIUOLI AVELLINO AV 6/3/ ANNA MARIA URCIUOLI CAPRIGLIA IRPINA AV 6/8/ GIUSEPPE UVA GROTTAMINARDA AV 10/3/ VALENTE COSTRUZIONI SRL COSENZA CS DEBORAH VALENTE COSENZA CS 13/2/ FRANCESCO MARIO VALENTE SAN GIOVANNI IN CS 6/10/1946 FIORE 849 VALENTE PNEUMATICI S.R.L. SAN PIETRO IN CS GUARANO 850 ANTONELLA VALENTINO AVELLINO AV 14/5/ DANIELA VALENTINO AVELLINO AV 29/5/ ERNESTO VALENTINO AVELLINO AV 25/3/ GINA VALENTINO AVELLINO AV 21/8/ GERARDO VARALLO NAPLES NA 21/10/ VARI' ARREDAMENTI S.R.L. SORIANO CALABRO VV GABRIELLA ANTONIETTA MATERA MT 12/6/1957 VARRICCHIO 857 REMO PASQUALE VARRICCHIO GROTTAMINARDA AV 7/9/ LIBERATORE VECCHIA PATERNOPOLI AV 6/7/ LUIGI VENEZIA AVELLINO AV 8/3/ CLAUDIA VENOSA EBOLI SA 28/10/ ESTHER VENTRE AVELLINO AV 31/5/ ANTONIO VIAPIANA CATANZARO CZ 2/3/ ANTONIO VIETRI AVELLINO AV 16/3/ MICHELE VIETRI AVELLINO AV 25/1/ PIETRO VIETRI AVELLINO AV 23/11/ GIUSEPPE VIGILANTE SALERNO SA 19/3/ NINO ACHILLE VILLANI VENTICANO AV 25/5/ FRANCESCA VILLANO VENTICANO AV 11/8/ PASQUALE VILLANOVA SALERNO SA 22/8/ VINCENZO VINCI VIBO VALENTIA VV 18/10/ MARISA VINCIGUERRA AVELLINO AV 4/11/ DOMENICO VISCIONE SAN MARTINO VALLE AV 25/2/1944 CAUDINA 873 DAMIANO VITA DRAPIA VV 20/3/ CARMINE VITOLO SALERNO SA 7/11/ LUIGI LEONARDO VITRO' VIBO VALENTIA VV 6/11/ VIVA S.R.L. COSENZA CS

91 877 FERNANDO VOMMERO MANGONE CS 14/7/ NOVELLA ZAPPIA REGGIO DI CALABRIA RC 18/8/ MASSIMO ZECCARDO AVELLINO AV 15/11/ CONSIGLIO ZIGARELLI AVELLINO AV 12/11/ ORAZIO ZINCO ALTAVILLA IRPINA AV 4/9/ ALESSANDRA MARIA ZIRPOLO AVELLINO AV 16/8/ ORESTE ZIRPOLO AVELLINO AV 20/8/ ROSELENA ZITO ROSSANO CS 23/2/1965 Total % of BPER's share capital held by the shareholders presenting list no. 3, as declared by them: 0.17% Candidates on each list List no. 1 Luigi Odorici; Angelo Tantazzi (independent); Deanna Rossi; Pietro Ferrari (independent); Antonio Angelo Arru; Costantino Marco Schiavi. List no. 2 Sergio Iotti (independent); Edoardo Rossetti; (independent); Stefano Cosci (independent); Rinaldo Ripa (independent); Massimo Gelati (independent); Liliana D Agostino (independent). List no. 3 Daniela Petitto (independent); Luigi Muto (independent); Michele Calabrese (independent); Sergio Giangreco (independent); Francesco Limatola (independent); Costantino Pacileo (independent). List of persons elected and percentage of votes Elected from List 1: 12,877 votes (58.20% of votes) 1. Luigi Odorici; 2. Angelo Tantazzi (independent); 3. Deanna Rossi; 4. Pietro Ferrari (independent); 5. Antonio Angelo Arru. 91

92 Elected from List 3: 7,134 votes (32.24% of votes) 6. Daniela Petitto (independent). List 2: 1,798 votes (8.13% of votes) Date of Meeting 12/04/2014 Number of lists presented 2 lists for the appointment of six directors. List no. 1 Shareholders presenting list no. 11: Place of birth / Head office Date of birth/ Tax code / no. Name Prov. VAT number 1 MARTA LUCCHI MODENA MO 07/08/ COSTANTINO MARCO SCHIAVI MODENA MO 29/07/ MARIA ELISABETTA SCHIAVI MODENA MO 09/05/ ALBERTO MARRI MODENA MO 13/08/ FINGAS S.R.L. CREMONA CR FINENERGIE S.R.L. CREMONA CR Total % of BPER's share capital held by the shareholders presenting list no. 1, as declared by them: 1.306% List no. 2 Shareholders presenting list no. 2 Date of birth/ Tax code / no. Name Place of birth / Head office Prov. VAT number 1 NICOLA ABATE SWITZERLAND 11/07/ COSIMO ABATEMATTEO ACQUAVIVA DELLE FONTI BA 30/03/ FRANCESCO ABBOSSIDA CORIGLIANO CALABRO CS 27/07/ DANIELA ACCORINTI VIBO VALENTIA VV 21/03/ FRANCESCO ACCORINTI TROPEA VV 28/04/ MARIO AIELLO COSENZA CS 03/08/ WALTER AIELLO FEROLETO ANTICO CZ 26/07/ ANTONIO ALIBRANDI VIBO VALENTIA VV 06/01/ GIUSEPPA ALIOTTA BAGHERIA PA 19/01/ MADDALENA ALLEVATO SWITZERLAND 09/10/ SERGIO ALLEVATO SAN GIOVANNI IN FIORE CS 05/10/ GIOVANNI ALOE ROSSANO CS 29/07/ ROBERTO NICOLA ALVARO CROSIA CS 17/05/ FABRIZIO AMATI GRUMO APPULA BA 15/02/ ANGELA RITA AMATO MILAZZO ME 16/09/ PAOLA SILVANA AMATO CASTROVILLARI CS 27/08/ ROBERTO AMATO AGRIGENTO AG 19/03/ ANNA TERESA AMBROSECCHIA MATERA MT 30/04/ EUSTACHIO AMENDOLAGINE MATERA MT 27/05/ ANGELO AMORESE CORATO BA 07/01/ CORNELIA ANDRISANI MONTESCAGLIOSO MT 26/07/ ANTONIO ANGOTTI CROTONE KR 20/02/ GIOVANNI ANGOTTI COSENZA CS 29/07/

93 24 LUCA ANGOTTI CROTONE KR 08/02/ ANMIC RIABILITAZIONE CROTONE KR MARIA ROSARIA ANTONELLI NAPLES NA 04/01/ MARIA WANDA ARACO PESSANO CON BORNAGO MI 21/01/ PIETRO ARANITI REGGIO DI CALABRIA RC 11/09/ FRANCESCO ANTONIO ARCURI CROTONE KR 27/11/ AUGUSTO ARECCHI REGGIO DI CALABRIA RC 23/01/ ARMENISE NICOLA TARANTO TA 09/05/ ROSARIO ARTURI CUTRO KR 19/03/ ALDO ASSISI VIBO VALENTIA VV 25/06/ AGOSTINO AUDIA SAN GIOVANNI IN FIORE CS 02/08/ DOMENICO AVELLA CORIGLIANO CALABRO CS 23/11/ ANTONIO AVENA MATERA MT 14/02/ GIUSEPPE AZZOLINA MILAZZO ME 08/07/ EMANUELE AZZONE MIGLIONICO MT 20/06/ BERNARDO BAFARO SAN GIOVANNI IN FIORE CS 15/10/ FILOMENA BAFARO SAN GIOVANNI IN FIORE CS 27/10/ PAOLA BAFARO SAN GIOVANNI IN FIORE CS 28/05/ STEFANIA BAFARO SAN GIOVANNI IN FIORE CS 08/12/ TONINO AGOSTINO BALESTRIERI MELISSA KR 15/08/ FRANCESCO BALESTRIERI MELISSA KR 08/06/ GIUSEPPE BALESTRIERI CROTONE KR 12/01/ MARIA BALESTRIERI CROTONE KR 23/10/ ALBERTO BARBARO MELITO DI PORTO SALVO RC 13/08/ ANTONIO BARBELLA MONTESANO SULLA MARCELLANA SA 25/06/ ROSA ALBA BARBERIO SAN GIOVANNI IN FIORE CS 22/11/ PASQUALE SALVATORE BARBUTO VIBO VALENTIA VV 05/09/ IVAN BARILE SAN GIOVANNI IN FIORE CS 25/04/ MASSIMO BARILE COSENZA CS 06/03/ NICOLA BARTILUCCI MATERA MT 03/08/ ANTONIO PAOLO MICHELE BASILE VIBO VALENTIA VV 09/06/ CATERINA BASILE COSENZA CS 03/06/ DANIELA BASILE COSENZA CS 20/07/ GIAMBATTISTA BASILE ALTAMURA BA 13/09/ CAMILLO BASTA IRSINA MT 01/08/ ANTONIO BATTAGLIA ISOLA DI CAPO RIZZUTO KR 18/06/ VINCENZO BATTAGLIA BADOLATO CZ 21/05/ ANNA BELLIA AGRIGENTO AG 24/11/ CALOGERO BELMONTE CANICATTI' AG 05/12/ BENEDIL SERVICE SRL CONTESSE ME GINO BENEVENTO BOCCHIGLIERO CS 25/09/ BENI STABILI E GESTIONI S.R.L. CROTONE KR CESARE BERALDI CROSIA CS 14/12/ CARMELA BERARDI CORIGLIANO CALABRO CS 22/10/ GIUSEPPE BIAFORA FRANCE 25/12/ ANTONIO BIANCULLI MONTESANO SULLA MARCELLANA SA 03/08/ FRANCESCO BISOGNI VIBO VALENTIA VV 25/08/ ANGELO BITONDO MONTESCAGLIOSO MT 06/06/ GIULIA BITONDO MONTESCAGLIOSO MT 12/12/ ANTONIO BITONTI SAN GIOVANNI IN FIORE CS 13/06/

94 74 GIOVANNI BITONTI SAN GIOVANNI IN FIORE CS 03/10/ FRANCESCO BONAPACE CATANZARO CZ 04/04/ GIACOMO BRACCIALE BARI BA 17/02/ GIUSEPPE BRESCIA CATANZARO CZ 31/01/ VINCENZO BRESCIA CATANZARO CZ 24/09/ NUNZIO NICOLA BRIGANTE MONTESCAGLIOSO MT 13/06/ DOMENICANTONIO BROSIO SAN CALOGERO VV 04/02/ MASSIMILIANO BROSIO MARSCIANO PG 02/01/ NICOLA BROSIO SAN CALOGERO VV 26/08/ PASQUALE BROSIO ROMBIOLO VV 24/04/ DOMENICO BRUNETTI SAN GIOVANNI IN FIORE CS 04/06/ VINCENZO BRUNO CORIGLIANO CALABRO CS 30/10/ VITO ALESSANDRO BRUNO MATERA MT 06/10/ VINCENZO BUCCI CORATO BA 03/03/ OLIMPIA BUSCO ACQUAVIVA DELLE FONTI BA 28/04/ ANNA CALABRESE CROTONE KR 14/11/ ANTONIO CALABRESE GINOSA TA 10/07/ GIANFRANCO CALABRESE CROTONE KR 01/12/ MICHELE CALABRESE CROTONE KR 22/01/ SALVATORE CALABRO' BARCELLONA POZZO DI GOTTO 94 ME 03/06/ GIUSEPPE CALDERONE BARCELLONA POZZO DI GOTTO ME 05/01/ ANTONIO CALIGIURI SCALA COELI CS 16/10/ LEONARDO CALIGIURI MUNCHEN 09/01/ CALLIPO S.R.L. VIBO VALENTIA VV FILIPPA CAMMALLERI CANICATTI' AG 18/11/ FRANCESCO PAOLO CAMPAGNA MATERA MT 14/04/ QUIRINO ALESSANDRO CAMPANELLI BERNALDA MT 14/01/ GIUSEPPE CANNAVALE TORRE DEL GRECO NA 04/06/ FRANCESCO NUNZIO CANOSA MATERA MT 25/03/ DIVIO CAPALBO CORIGLIANO CALABRO CS 06/01/ ADELINA IOLANDA CAPAROTTA GIMIGLIANO CZ 15/06/ DANIELE CAPPIELLO MATERA MT 18/07/ ANNUNZIATA CARAFA GINOSA TA 25/03/ FABRIZIO CARDILLO LENTINI SR 22/06/ ANGELA CARDINALE VIGGIANO PZ 08/07/ MICHELE CARDINALE SALA CONSILINA SA 28/08/ COSIMO CARDONE MASSAFRA TA 18/04/ MAURIZIO CARERI SAMBIASE CZ 05/02/ AGATA CARIA COTRONEI KR 04/11/ CARILLON S.R.L. CORIGLIANO CALABRO CS SERGIO CARLO SANT'AGATA DI MILITELLO ME 12/10/ GIOVANNI CARNE' CROTONE KR 30/10/ MARIA MICHELINA DAMIANA CARNOVALE MONGIANA VV 11/05/ PIETRO CARNUCCIO BADOLATO CZ 05/11/ MARIA CARPANZANO SAN FILI CS 25/09/ ANGELO CARRIERO MATERA MT 03/01/ ROCCO CARRIERO MONTESCAGLIOSO MT 19/09/ ALESSANDRA CARUSO CASSANO ALL'JONIO CS 08/05/ CALOGERO CASA' AGRIGENTO AG 21/10/ ANGELO RAFFAELE CASAMASSA MONTESCAGLIOSO MT 24/06/1963

95 124 BRUNA ANNA CASAMIA MATERA MT 15/04/ GIOVANNI CASIELLO ALTAMURA BA 12/11/ MARIO CASO POLLA SA 08/06/ RAFFAELE CASO POLLA SA 07/05/ ANGELA CASSETTA ANDRIA BAT 16/12/ GIOVINA CASSETTA ANDRIA BAT 27/11/ RICCARDO CASSETTA ANDRIA BAT 15/01/ CARLO CASTELLANO SALANDRA MT 08/09/ DOMENICO CASTELLANO SALANDRA MT 26/07/ FELICIA CASTELLANO SALANDRA MT 21/02/ GIUSEPPINA CASTELLANO SALANDRA MT 01/01/ LEONARDA MARIA CASTELLANO SALANDRA MT 22/04/ LEONARDO CASTELLANO TRICARICO MT 15/07/ ROCCO VINCENZO CASTELLANO SALANDRA MT 27/06/ PAOLO CATALANO MISTRETTA ME 26/08/ CECINIA 90 S.R.L. MARINA DI DAVOLI CZ GABRIELLA CELESTINO CATANZARO CZ 04/10/ STEFANIA CELESTINO CATANZARO CZ 14/11/ SEBASTIANA CENTARRI' LENTINI SR 05/09/1947 CENTRE FISIOKINESITERAPICO 143 STARBENE S.R.L. CROTONE KR EUFEMIA CETANI GRASSANO MT 01/04/ LUIGI CETERA NAPLES NA 11/06/ ALESSIO CHIANCA GIOIA DEL COLLE BA 21/07/ ELEONORA EMMA CHIARELLO SAVELLI KR 19/11/ ANGELA CHIARITO MATERA MT 26/12/ ANTONINO CHILLE' MESSINA ME 30/01/ MARIO CHIRIELEISON NASO ME 08/09/ CHIARA CHIRONNA CATANZARO CZ 06/07/ ANGELA CHITA MATERA MT 30/03/ DONATO CHITA MATERA MT 23/08/ ALFONSO CIACCI BELCASTRO CZ 05/01/ GIANCARLO CICCARELLI TROPEA VV 07/02/ DOMENICO CICCIO VIBO VALENTIA VV 28/05/ GENNARO CILENTO CORIGLIANO CALABRO CS 09/11/ CIME S.A.S. DI COVIELLO DONATINA & C AVIGLIANO PZ AMELIA CIMINO CROTONE KR 20/01/ ANNA CIMINO SAN GIOVANNI IN FIORE CS 27/08/ CIMINO S.R.L. CORIGLIANO CALABRO CS FRANCESCA CHINA' BIVONA AG 22/01/ ANTONIO MASSIMO CINGOLANI MILAZZO ME 20/04/ FRANCESCO CIRAOLO MESSINA ME 05/07/ DOMENICO CITREA COSENZA CS 08/10/1974 CO.GE.CA COSTRUZIONI GENERALI 166 CALABRESI SAS DI DAMIANO PERRONE CORIGLIANO CALABRO CS SINFOROSA COCCHIARALE SAN CHIRICO RAPARO PZ 04/10/ VINCENZO COCCHIARALE SAN CHIRICO RAPARO PZ 04/10/ PASQUALE COCCONCELLI NICASTRO CZ 17/09/ FRANCESCO COFONE ACRI CS 06/05/ LILIANA COLELLA CORATO BA 18/06/ MANUELA COLLOCA VIBO VALENTIA VV 25/10/ VITO COLONNA MATERA MT 28/01/

96 174 VITO COLONNA ALTAMURA BA 05/01/ FRANCESCO COLOSIMO CROPANI CZ 06/10/ MARIA COLUCCI MATERA MT 29/06/ GIANFRANCO COMITO VIBO VALENTIA VV 25/08/ GIUSEPPE CONCOLINO ROME RM 01/01/ EUGENIO LUIGI CONFORTI COSENZA CS 06/11/ ANTONIO CONTUZZI MATERA MT 23/08/ FRANCESCO CONVERSO ROSSANO CS 18/03/ MARIA PIA CORETTI MATERA MT 20/03/ CORIGLIANO FIERE S.R.L. CORIGLIANO CALABRO CS CORPO VIGILI NOTTURNI SOCIETA' S.R.L. CROTONE KR MATILDE CORRADINI SOVERATO CZ 04/10/ FRANCESCA CORSO MILAZZO ME 03/03/ ANTONIO CORTESE VIBO VALENTIA VV 23/05/ FRANCESCO CORTESE CROTONE KR 14/05/ IOLE CORTESE COTRONEI KR 14/08/ GIUSEPPE COSTA MESSINA ME 12/06/ RAFFAELE COSTANTINO CATANZARO CZ 19/04/ SALVATORE COSTANTINO GINOSA TA 07/12/ CONSTRUCTION SCICCHITANO S.R.L. ISOLA DI CAPO RIZZUTO KR ROSARIO CRISPINO MONTEROSSO CALABRO VV 08/02/ LUCIA CRISTALLO MATERA MT 25/12/ GIUSEPPE CRUPI PACE DEL MELA ME 23/09/ LUCIA LOREDANA CURCI GIOIA DEL COLLE BA 13/02/ DOMENICO CURCIO CARFIZZI KR 26/09/ TOMMASINO CURCIO GIMIGLIANO CZ 29/10/ ANTONIETTA CURIA CORIGLIANO CALABRO CS 28/02/ LEONARDO CUSMAI CORATO BA 15/10/ ANTONIO CUTURELLO ROSARNO RC 01/01/ D.L.D.- S.R.L. PIZZO VV ERMINIA D'ADAMO MATERA MT 25/01/ SILVESTRO D'AGUI' REGGIO DI CALABRIA RC 24/01/ MADDALENA DALESSANDRI POTENZA PZ 08/02/ ANTONIO MARIA D'AMICO CORIGLIANO CALABRO CS 06/02/ LEOPOLDO D'AMICO BARCELLONA POZZO DI GOTTO ME 24/07/ CONCETTINA D'ANDREA MESSINA ME 20/03/ TERESA DAPRILE PUTIGNANO BA 16/12/ AGOSTINO D'ARRIGO MESSINA ME 16/02/ GIOVANNI DATTOLI TERRANOVA DI POLLINO PZ 26/01/ ANTONIO DAVOLA RICADI VV 12/07/ EUGENIO DE FLORIO COSENZA CS 13/09/ GIUSEPPE DE FLORIO MATERA MT 22/03/ FRANCESCO DE LEO MESSINA ME 27/09/ GERARDO DE LUCA SAN GIOVANNI IN FIORE CS 31/01/ GIANFRANCO DE LUCA ROSSANO CS 05/03/ LUCIO DE LUCA COTRONEI KR 14/12/ SALVATORE DE LUCA SAN GIOVANNI IN FIORE CS 18/10/ GIUSEPPE DE LUCIA MILAN MI 02/03/ BERNARDO DE MARCO CROTONE KR 11/02/ CATERINA DE MARCO SAN GIOVANNI IN FIORE CS 03/09/ FRANCESCO DE MARCO SAN GIOVANNI IN FIORE CS 03/04/

97 225 TOMMASO DE MARCO SAN GIOVANNI IN FIORE CS 19/04/ MATILDE DE MATTIA ETHIOPIA 29/06/ GIOVANNA DE MEDICI ROME RM 01/04/ GIUSEPPE DE PAOLA COSENZA CS 06/04/ ARCANGELO DE SEPTIS OLIVADI CZ 29/09/ GIUSEPPE DECARLO TROPEA VV 27/06/ MARIA ELISA DEL BONO MILAZZO ME 20/09/ RAFFAELLA DEL TRONO CETRARO CS 08/02/ MARCELLO DEL VECCHIO VIBO VALENTIA VV 10/10/ ANNA LUCIA DELL'ACQUA BARI BA 12/03/ GIOVANNI DELL'ACQUA MATERA MT 16/09/ SEBASTIANO DELL'AQUIA SIRACUSA SR 15/07/ VINCENZO DEMAIO BAGNARA CALABRA RC 08/12/ SAVERIO ROSARIO D'ERCOLE MATERA MT 19/01/ BRUNA DI LECCE MATERA MT 22/09/ CATERINA FILOMENA DI LECCE PESCARA PE 17/03/ MARIA BRUNA DI LECCE MATERA MT 02/07/ VALTER DI LELLA AGRIGENTO AG 28/11/ FRANCESCO PAOLO DI LENA MATERA MT 24/01/ ANTONINO DI LORENZO BARCELLONA POZZO DI GOTTO ME 07/06/ MARIA LETIZIA DI MATTEO LAUREANA CILENTO SA 28/04/ PASQUALE DI NAPOLI MOTTOLA TA 12/10/ CHIARA MARIA DI PEDE MATERA MT 19/11/ LUIGIA DI PEDE MATERA MT 18/02/ PASQUALE DI PEDE MATERA MT 09/11/ CRISTINA DI PRIMA SIRACUSA SR 23/08/ ADRIANA CARMELA DI RENZO VIBO VALENTIA VV 11/03/ DI RENZO MARIA DITTA VIBO VALENTIA VV GIUSEPPE DIAFERIA CORATO BA 25/05/ GIOVANNI DIGIESI GRAVINA IN APULIA BA 06/08/ LEONARDO DIGRAZIA MIGLIONICO MT 08/03/ BIAGIO DISISTO STIGLIANO MT 26/07/ ROCCO DITARANTO MONTESCAGLIOSO MT 19/04/ DITTA CALLIPO FRANCESCO VIBO VALENTIA VV STEFANO DONATO MILAZZO ME 29/12/ CALOGERO D'ORO PALERMO PA 24/05/ LUIGI DUGO AVOLA SR 25/10/ ECOLEGNO S.R.L. CROPALATI CS ECOPELLETTS C3A S.A.S. DEL DOTT. 263 CITREA DOMENICO & C. CROPALATI CS EDAN S.R.L. CORIGLIANO CALABRO CS ELETTRODIEM DI MILELLA ROCCO & C. 265 S.A.S. ALTAMURA BA COSIMO ELIA CORIGLIANO CALABRO CS 14/06/ ENDO HOSPITAL S.R.L. CROTONE KR LIDIA ETTORRE TRICARICO MT 08/05/ ETTORRE PAOLO GRASSANO MT 09/10/1951 EURO TECNO IMPIANTI DI MAZZOTTA 270 PASQUALE FRANCAVILLA ANGITOLA VV GIOVANNI FABIANO SAN GIOVANNI IN FIORE CS 05/08/ FABIANO LUIGI SAN GIOVANNI IN FIORE CS 10/06/

98 FAF DISTRIBUTION DI GRISOLIA MAURIZIO 273 E FERRARO GIUSEPPE SNC PATERNO CALABRO CS VINCENZO FALCONE ZAGARISE CZ 19/01/ MICHELE FANIA BARI BA 27/03/ DOMENICO FANIELLO MATERA MT 30/04/1975 FARMACIA EREDI BARONE DOTT. 277 GIACINTO S.N.C. DI TAVERNISE T. & C. ROSSANO CS FAS HOSPITAL S.R.L. CROTONE KR GRAZIANO FAVA CARAFFA DI CATANZARO CZ 22/05/ FILIPPO FAZIO BARCELLONA POZZO DI GOTTO ME 09/03/ GASPARE FAZIO SERRASTRETTA CZ 23/03/ LUCA FEDERICO COSENZA CS 12/03/ ROSARIO FEDERICO COSENZA CS 19/08/ DOMENICO FERRARELLI SAN GIOVANNI IN FIORE CS 30/12/ FRANCESCO FERRARELLI SAN GIOVANNI IN FIORE CS 25/07/1945 FERSPA S.N.C. DI FERRARELLI & 286 SPADAFORA SAN GIOVANNI IN FIORE CS ANTONINO FESTA REGGIO DI CALABRIA RC 16/09/ COSIMO FESTA MATERA MT 17/03/ GIUSEPPE FESTA MATERA MT 27/01/ MICHELE FESTA MATERA MT 16/04/ AMEDEO FIGORILLI CATANZARO CZ 09/01/ ANDREA FIGORILLI CATANZARO CZ 02/11/ ANTONIO FIGORILLI ANTRODOCO RI 15/03/ NATALE FIGORILLI CATANZARO CZ 27/06/ PASQUALE FILIPPELLI CALOPEZZATI CS 02/06/ ORONZO FIORE MATERA MT 08/02/ ANGELO RAFFAELE FLACE MATERA MT 17/09/ PASQUALE FLORIO VIBO VALENTIA VV 24/03/ FLORIOIMPIANTI S.R.L. TRIPARNI VV CORRADO FONSECA MESSINA ME 20/03/ DOMENICO FORCINITI ROSSANO CS 11/03/ SALVATORE LEONARDO FORCINITI CORIGLIANO CALABRO CS 01/01/ MICHELE FOTI TAURIANOVA RC 28/01/ ANGELO FRACCHIOLLA GRAVINA IN APULIA BA 25/08/1959 FRANTOIO OLEARIO IACINA DI PISANI 305 SALVATORE CORIGLIANO CALABRO CS ANGELO MARIA FRESCA AGRIGENTO AG 25/07/ SALVATORE FRONTE PACHINO SR 29/12/ ALESSANDRA FRONTERA CATANZARO CZ 22/05/ DAVIDE FULGINITI CATANZARO CZ 27/01/ MARCO ANTONIO FURNARI MESSINA ME 11/03/ FRANCESCO FUSARO CORIGLIANO CALABRO CS 08/08/ G.& G. COMPONENTS S.R.L. VIBO VALENTIA VV LUIGI GAETANO NICASTRO CZ 23/06/ VINCENZO GALATI MATERA MT 24/04/ GIUSEPPINA GALEA CROTONE KR 29/03/ ANTONELLA GALLO NICASTRO CZ 02/04/ NATALE PIETRO GALLO CORIGLIANO CALABRO CS 28/06/ SAVERIO GALLO SAN GIOVANNI IN FIORE CS 21/01/ SERGIO GALLO MANDATORICCIO CS 01/09/ LUANA GALVANIN VICENZA VI 08/02/

99 321 BIAGIO GAMBINO CANICATTI' AG 12/08/ LUIGI GANGAROSSA CALTANISSETTA CL 16/11/ MARCELLO MARIA GARRA CATANIA CT 18/10/ GE.CO. - S.R.L. VIBO VALENTIA VV FELICE GENOVESE BARCELLONA POZZO DI GOTTO ME 08/01/ ROSARIO GENTILE JONADI VV 20/04/ EMANUELE GIACALONE PALERMO PA 10/07/ ANTONELLA GIAMBO' CASTROREALE ME 04/06/ SANTI GIAMBOIA MESSINA ME 20/07/ ANNA MARIA GIAMMANCO PALERMO PA 12/08/ NUNZIO NICOLA GIANCOLA MATERA MT 26/09/ PIETRO GIANGRECO REGGIO DI CALABRIA RC 24/09/ GIANNETTO SANTI MESSINA ME 03/03/ VINCENZO GIANNINI SORIANO CALABRO VV 05/04/ ROSA GIARDINA CANICATTI' AG 30/05/ GIOVANNI GIGLIETTA VILLA SAN GIOVANNI RC 20/05/ CONCETTA GIGLIO LAMEZIA TERME CZ 31/05/ GLENDA GIGLIO BARI BA 20/05/ ORNELLA GIGLIOTTI DECOLLATURA CZ 14/09/ PIETRO GIGLIOTTI SOVERIA MANNELLI CZ 08/12/ LIDIA GIORDANO MONTALBANO JONICO MT 02/03/ GIU.SE.CO. S.R.L. CROTONE KR LUIGI GIUFFRE' MESSINA ME 21/06/ VINCENZO GIUFFRE' MILAZZO ME 23/03/ LONGO ANTONIO GIURA MATERA MT 11/07/ LUCA GIUSTINIANI CATANIA CT 01/11/ GIOVANNA GRANATA POLLENA TROCCHIA NA 17/11/ GIUSEPPINA GRASSO SOMMATINO CL 11/11/ ROSARIO GRAZIANO MAIDA CZ 19/02/ ANSELMO GRECO CROSIA CS 20/11/ SAVERIO GRECO COSENZA CS 03/05/ ANTONELLA NATALIA GRILLO CORIGLIANO CALABRO CS 07/01/ ANTONIO GRILLO ROSSANO CS 06/02/ FRANCESCO GRILLO CORIGLIANO CALABRO CS 01/09/ GIUSEPPE GRILLO ROSSANO CS 25/03/ LUIGI ANTONIO GRILLO CORIGLIANO CALABRO CS 30/08/ IDA GRIMALDI SANTA SEVERINA KR 20/02/ MARIA ROSA GUAIANA PALERMO PA 26/04/ MILENA GULFO POLICORO MT 16/02/ ANGELO GULLETTA MESSINA ME 29/05/ TIZIANO GULLO MESSINA ME 29/01/ GIOVANNI GIUSEPPE LORENZO GURNARI REGGIO DI CALABRIA RC 10/08/1970 I.CA.CE.M. DI RINALDI VINCENZO 363 GIUSEPPE & C. SNC CORIGLIANO CALABRO CS INNOCENZO IACOVINO SALANDRA MT 27/07/ FILOMENA IACOVONE MATERA MT 01/06/ EUGENIO IANNONE CAMPOBASSO CB 05/01/ ANTONIO IAPICHINO ROSSANO CS 08/03/ MICHELE IL GRANDE TROPEA VV 24/09/ ERMELINDA IMERI MILAN MI 20/01/ ISABELLA IMPERATRICE SALANDRA MT 12/05/

100 371 SALVATORE IPPOLITO PALERMO PA 29/05/ CLAUDIO IRATO MILAZZO ME 08/10/ MICHELE IRTO REGGIO DI CALABRIA RC 04/10/ TOMMASO ISABELLI SAN GIOVANNI IN FIORE CS 05/02/ ANNAMARIA IURINO GRAVINA IN PUGLIA BA 03/09/ VITANTONIO IVONE NOCI BA 19/12/ ANTONIO IZZO CATANZARO CZ 13/06/ KALA KRETOSA S.R.L. CALOPEZZATI CS FILIPPO LA GAMBA VIBO VALENTIA VV 20/06/ SALVATORE LA GAMBA VIBO VALENTIA VV 22/03/ ANGELA LA ROCCA VENICE VE 08/07/ FRANCESCO GIOVANNI LABONIA CORIGLIANO CALABRO CS 26/08/ LUIGI LACAVA CATANZARO CZ 06/02/ ALBERTO MARIO LAGANA' REGGIO DI CALABRIA RC 12/11/ AMALIA LAINO CATANZARO CZ 07/05/ ROCCO VINCENZO LAMARRA SALANDRA MT 04/04/ ROSARIA LANDO COMO CO 27/07/ EUSTACHIO LAPACCIANA MATERA MT 26/01/ ANGELO RAFFAELE LAPERCHIA MATERA MT 16/02/ ROBERTO LAPIANA CATANZARO CZ 02/09/ DIEGO LAPIETRA ROSSANO CS 18/05/ LAPIETRA PASQUALE DITTA ROSSANO CS LAPIETRA S.R.L. ROSSANO CS VINCENZO LAPIETRA COSENZA CS 24/11/ ROSA MARIA LARATTA CUTRO KR 08/09/ FRANCESCA LARIZZA REGGIO DI CALABRIA RC 27/10/ GIOVANNI LASARACINA PUTIGNANO BA 04/11/ VITANGELO LASSANDRO SANTERAMO IN COLLE MT 10/06/ NICOLA LATERZA GINOSA TA 22/11/ MICHELE LATRONICO POTENZA PZ 19/04/ ANTONIO LAVECCHIA SALANDRA MT 05/08/1952 LE TRE GOCCE DI CALIGIURI LEONARDO & 402 C. S.A.S. CROSIA CS VITA LENTINO MOTTOLA TA 12/07/ GIACOMO LEONE CATANIA CT 11/10/ ROSARIO LIA MAGISANO CZ 27/01/ GIOVANNI LICCIARDI CORIGLIANO CALABRO CS 27/07/ GIUSEPPE LISCO BARI BA 11/03/ ETTORE LO NIGRO ROME RM 24/09/ ROCCO LO RE BROLO ME 18/08/ GIOCOLI EDUARDO LOMBARDI TRAMUTOLA PZ 25/01/ ROSETTA LOMBARDO COSENZA CS 03/05/ ANNAMARIA LONGO CROTONE KR 24/08/ ANTONIO LOPERFIDO MATERA MT 13/10/ BONAVENTURA LOPERFIDO GINOSA TA 26/07/ GENNARO LOPERFIDO MATERA MT 27/10/ GIOVANNI LOPERFIDO MATERA MT 05/04/ ENZA LOPEZ SWITZERLAND 28/12/ FILOMENA LOPEZ SAN GIOVANNI IN FIORE CS 21/05/ GIUSEPPE LUIGI LOPEZ SIMERI CRICHI CZ 02/01/ GIANFRANCO LORIA COSENZA CS 29/09/ GIOVANNI LORIA SAN GIOVANNI IN FIORE CS 14/04/

101 422 GIOVANNI LORIA COSENZA CS 22/05/ IGINO LORIA COSENZA CS 11/05/ MARIA LORIA CACCURI KR 13/07/ ROSARIO GIUSEPPE LORIA CACCURI KR 17/06/ GIUSEPPE LUCARIELLO ALTAMURA BA 26/01/ MARIO LUCIANO VIBO VALENTIA VV 29/01/ MARILENA LUDOVICO GIOIA DEL COLLE BA 18/04/ SALVATORE LUFRANO CASSANO ALL'JONIO CS 06/12/ PIERO LUPO MONTESCAGLIOSO MT 24/06/ DOMENICO LUPPINO REGGIO DI CALABRIA RC 18/04/ M.& P. S.R.L. SAN GIOVANNI IN FIORE CS ANGELO MACAIONE BARCELLONA POZZO DI GOTTO 101 ME 13/10/ ALFREDO MACI LENTINI SR 12/06/ MARIO MACI LENTINI SR 11/05/ ANTONIOMADARENA BORGIA CZ 17/05/ ROSELLINA MADEO ROSSANO CS 13/01/ ROBERTO MAFFEI BARI BA 12/09/ GIUSEPPE GIOVANNINO MAGGINO SAN MANGO D'AQUINO CZ 24/06/ CARLO MAGNO ROSSANO CS 29/05/ ROSARIO MAIDA CATANZARO CZ 24/04/ ALFONSO MARIA MAIORANO CROTONE KR 13/05/ FILIPPO MALTESE REGGIO DI CALABRIA RC 23/08/ CONCETTA MANCUSO MESSINA ME 08/02/ GIOVANNI MANCUSO CATANZARO CZ 14/01/ MARIA LUISA MANFREDI MATERA MT 01/01/ DAMIANO VITTORIO MANICONE MATERA MT 19/11/ VINCENZA MANNUCCI MESSINA ME 02/07/ GIORGIO MANTRONE TARANTO TA 01/02/ MARANO MIRELLA DITTA SAN GIOVANNI IN FIORE CS SALVATORE MARAZITA SAN GIOVANNI IN FIORE CS 05/01/ BENITO MARCHETTA AGRIGENTO AG 28/06/ LUIGI MARCUCCI MATERA MT 14/10/ VINCENZO MARINCOLA BORGIA CZ 10/09/ ANTONINO MARINO REGGIO DI CALABRIA RC 26/11/ MARIA MARRA CROTONE KR 24/03/ COSIMO MARRAFFA MARTINA FRANCA TA 27/09/ MASSIMO GIUSEPPE MARRAMAO VIBO VALENTIA VV 16/12/ ANTONIO MARTEMUCCI SALANDRA MT 13/06/ LORENZO MARTIMUCCI ALTAMURA BA 20/08/ TERESA MARTINO MONTESANO SULLA MARCELLANA SA 26/11/ ANTONIA MARTUCCI MASSAFRA TA 28/02/ DOMENICO MARVULLI ALTAMURA BA 01/12/ ANTONIO MARZARIO SALANDRA MT 14/04/ RAFFAELINO MASTROIANNI CONFLENTI CZ 05/11/ MARIA MASTROMAURO CORATO BA 29/12/ PAOLA MARIA MASTRONARDI MATERA MT 11/09/ MICHELE MATERA MATERA MT 02/02/ SALVATORE MAUGERI CATANIA CT 28/02/ ANTONIO MAURO BORGIA CZ 22/03/ DOMENICO MAURO SAN GIOVANNI IN FIORE CS 01/02/1993

102 472 RITA MAURO CATANZARO CZ 08/10/ GIOVANNA MAZZA SAN GIOVANNI IN FIORE CS 12/10/ PASQUALE ROMANO MAZZA VIBO VALENTIA VV 10/10/ MEDI TECNIKA S.R.L. CROTONE KR CAROLINA MARIA MEGA MATERA MT 31/07/ RENATO MELE MATERA MT 09/04/ FRANCESCO MELIGENI CORIGLIANO CALABRO CS 01/04/ ROSETTA MELIGENI CORIGLIANO CALABRO CS 20/01/ DEMETRIO MELISSARI REGGIO DI CALABRIA RC 12/08/ LUIGI VINCENZO MERANTE CRITELLI GIMIGLIANO CZ 03/10/ ALFREDO MERCATANTE SAN COSTANTINO CALABRO VV 09/04/ MICHELE MICELI SPILINGA VV 25/08/ GIOVANNI MILANO GIOIA DEL COLLE BA 07/07/ EMILIA MILIANA SAN GIOVANNI IN FIORE CS 24/08/ MILENA MILITELLO FERRARA FE 10/12/ PATRIZIA MILITERNO COSENZA CS 11/04/ MILONTOURS S.R.L CROTONE KR PASQUALE MINIO PALMA DI MONTECHIARO AG 18/02/ PASQUALE MIRABELLI SAVELLI KR 13/05/ LIVIANA MIRARCHI COSENZA CS 11/06/ FORTUNATO MIRENZI VIBO VALENTIA VV 05/03/ CRISTINA MOLINO ROSSANO CS 25/10/ GIUSEPPE MOLINO CASTROREALE ME 20/07/ NETTINO ANTONIO MOLITERNI MATERA MT 01/06/ SARA FRANCESCA MONTESANO POLICORO MT 27/12/ GREGORIO MONTILLO MONTEPAONE CZ 06/02/ ETTORE MONTORSI NAPLES NA 05/09/ NUNZIO DITTA MORABITO MESSINA ME ALBINO MORELLI CATANZARO CZ 02/05/ ANGELO MORELLI MATERA MT 23/09/ ANTONIO MORELLI CATANZARO CZ 28/01/ LUIGI ALBERTO MORELLI MATERA MT 08/04/ SALVATORE MORREALE SWITZERLAND 02/11/ GINA MORRONE SAN GIOVANNI IN FIORE CS 13/09/1968 MOSMODE S.A.S. DI CANNAVALE 506 GIUSEPPE & C. CROTONE KR SALVATORE MOTOLA MONTESCAGLIOSO MT 15/11/ VITA MOTOLA MONTESCAGLIOSO MT 13/05/ PASQUALE MOTTA SAN LORENZO DEL VALLO CS 22/08/ GIUSEPPE MUCCIO POMARICO MT 21/11/ LUCIANO MUOIO ACRI CS 12/12/ MARIA CRISTINA MUOIO COSENZA CS 28/02/ PASQUALE MUOIO CORIGLIANO CALABRO CS 17/05/ MASSIMO MUROLO REGGIO DI CALABRIA RC 28/06/ LUIGI MURRONE CROSIA CS 16/05/ ANTONIO MUSACCHIO COTRONEI KR 13/04/ ANNUNZIATO MUSCIA TROPEA VV 30/08/ GISELLA NAPOLI PALMA DI MONTECHIARO AG 12/05/ CARMELO NASTASI GUALTIERI SICAMINO' ME 05/10/ MARTINO VITO NATILE ALTAMURA BA 29/03/ MARIO NICASTRO MONTESCAGLIOSO MT 17/10/ ANTONIO NICOLETTI MATERA MT 29/03/

103 523 ANTONIO NICOLETTI CORIGLIANO CALABRO CS 16/11/ COSIMO DAMIANO NICOLETTI MATERA MT 27/11/ ALBERTO NOTARBARTOLO PALERMO PA 26/07/ MONICA NOTARBARTOLO DI VILLAROSA PALERMO PA 29/09/ URBANO NOTARO MATERA MT 15/04/ GIOVANNI NUBILE FERRANDINA MT 04/04/ MARIA OLIVA MILAZZO ME 15/05/ ANTONIO OLIVERIO SAN GIOVANNI IN FIORE CS 15/11/ MARIA OLIVERIO COSENZA CS 18/07/ ROSA OLIVERIO SAN GIOVANNI IN FIORE CS 09/07/ ROSARIA ANGELA OLIVERIO COSENZA CS 16/10/ PASQUALINO OLIVITO SAN GIOVANNI IN FIORE CS 28/04/ ROSELLINA OLIVITO SAN GIOVANNI IN FIORE CS 03/11/ MARIANO ONORATI MATERA MT 23/01/ RAIMONDO ORLANDO CANICATTI' AG 27/08/ OTRANTO GIUSEPPE DITTA ROSSANO CS GIUSEPPE PACE AGRIGENTO AG 13/04/ NATALE PACENZA CORIGLIANO CALABRO CS 27/11/ FRANCESCO PAOLO PACIFICO MATERA MT 14/09/ RITA PADULA MATERA MT 29/09/ SILVIA PADULA MATERA MT 25/05/ DOMENICO SANTE PALERMO VILLAPIANA CS 01/11/ FRANCESCO PALERMO VILLAPIANA CS 07/10/1938 PALERMO S.N.C. DI DOMENICO SANTE 546 PALERMO E C. VILLAPIANA CS BRUNO PALLADINO BOSCOREALE NA 11/02/ FRANCESCO PALUMMO CORIGLIANO CALABRO CS 20/04/ PASQUALE PANTANO REGGIO DI CALABRIA RC 14/07/ BIAGIO PAOLICELLI MATERA MT 22/05/ MICHELE PAOLICELLI ALTAMURA BA 05/03/ FRANCESCO PAONESSA CATANZARO CZ 06/04/ MARIA STEFANIA PAPAPIETRO MATERA MT 09/04/ FRANCESCO PARISI MILAZZO ME 26/10/ DOMENICO PARROTTA CIRO' MARINA KR 09/12/ ARCANGELA PARRULLI GRAVINA IN APULIA BA 02/04/ DOMENICO PASCUZZI COTRONEI KR 16/11/ ROCCO PATAFIO SCILLA RC 16/05/ PIETRO PATANE' CATANIA CT 08/08/ ANDREA PELONERO PALERMO PA 27/09/ ALESSANDRA PERRI COSENZA CS 29/09/ CELESTE NATALINA PERRI NICASTRO CZ 21/12/ MARIA ROSA PERRI NICASTRO CZ 10/09/ MASSIMO PERRI TIRIOLO CZ 10/04/ ROSALBA PERRI LEUGGERN (SWITZERLAND) 03/07/ CARMINE PESSOLANO ABRIOLA PZ 16/07/ PETRONE SRL TREBISACCE CS DINO PETROZZA MATERA MT 13/08/ ANGELA MARIA PICCOLO SAN GIOVANNI IN FIORE CS 10/04/ FRANCESCO PICCOLO SAN GIOVANNI IN FIORE CS 24/02/ DONATO PIERRO PONTECAGNANO FAIANO SA 30/04/ DOMENICO PIRILLO CORIGLIANO CALLABRO CS 12/08/

104 573 FRANCESCO PIRILLO CROSIA CS 14/05/ BIAGIO PIRO VIBO VALENTIA VV 01/02/ ROSANNA CESIRA MARIA PIRONE BARI BA 14/07/ ANTONIO PIRRO CORIGLIANO CALABRO CS 01/09/ GIUSEPPINA PIRRO CORIGLIANO CALABRO CS 11/08/ SALVATORE PIRRO CARIATI CS 12/03/ SANTA PIRRO' SELLIA MARINA CZ 28/03/ PAOLO PISANI CASSANO ALL' JONIO CS 10/03/ PAOLO PITTO' MISTERBIANCO CT 04/06/ LUIGINA PIZZARELLO SCILLA RC 28/11/ MARIA PIZZARELLO REGGIO DI CALABRIA RC 31/01/ GIANLUCA PIZZULLI GINOSA TA 17/06/ SEBASTIANO PIZZULLI SVITTO (SWITZERLAND) 09/05/ ANTONIO PORCINO REGGIO DI CALABRIA RC 14/01/ FRANCESCA PORCINO REGGIO DI CALABRIA RC 12/06/ RAFFAELE PORCO ROSSANO CS 14/05/ DEMETRIO PRATICO' REGGIO DI CALABRIA RC 07/01/ GIACOMO PROCOPIO CATANZARO CZ 30/10/ SALVATORE PROCOPIO CATANZARO CZ 24/11/ MARIA PROPATI CATANZARO CZ 11/08/ ANDREA PROTO CROTONE KR 25/10/ LILIANA PROTO NICOTERA VV 19/11/ PIETRO PROTO CROTONE KR 11/04/ RICCARDO PROTO TERRANOVA DI POLLINO PZ 18/10/1953 PUBBLIMER DI RAFFA GIUSEPPE E 597 VENUTO PIETRO SNC MERI' ME MAURIZIO PUCA CATANZARO CZ 01/01/ FRANCESCO PUGLIESE DRAPIA VV 13/11/ GIOVANNI PUGLIESE VIBO VALENTIA VV 01/06/ ANTONIO PULICE COSENZA CS 17/12/ DOMENICO PULICE SAN GIOVANNI IN FIORE CS 15/10/ FRANCESCA PUZZUTIELLO SALANDRA MT 01/02/ ROCCO QUARATO MONTESCAGLIOSO MT 10/12/ PIERGIORGIO QUARTO BARI BA 07/01/ DEMETRIO QUATTRONE REGGIO DI CALABRIA RC 21/06/ TOMMASO QUINTANO MATERA MT 04/03/ NICOLA RADESCA MONTESANO SULLA MARCELLANA SA 20/02/ RADIO VIDEO CALABRIA 99 SRL CROTONE KR PIERFRANCO RADOGNA LATRONICO PZ 21/08/ ANTONIO RAFFAELE NICASTRO CZ 16/06/ MICHELE RAFFAELE NICASTRO CZ 31/10/ FRANCESCO RAO SAN GIOVANNI IN FIORE CS 13/12/ ALESSANDRO RAVIDA FURNARI ME 23/03/ RE INVEST S.R.L. CROTONE KR DOMENICO REBESCO TARANTO TA 09/11/ RENOVARE S.R.L. RENDE CS VINCENZO RESTUCCIA VIBO VALENTIA VV 29/12/ ROSA RICCIARDI MATERA MT 09/08/ ALDO GIANFRANCO RIGA CROTONE KR 01/09/ ANNA STEFANIA RIGA CROTONE KR 08/06/ FRANCA RINALDI CORIGLIANO CALABRO CS 30/03/

105 623 GRAZIELLA RINALDI CORIGLIANO CALABRO CS 30/06/ IOLANDA SIMONA RINALDI CORIGLIANO CALABRO CS 08/04/ MARIA ALESSANDRA RINALDI CORIGLIANO CALABRO CS 21/11/ NICOLA RINALDI MORMANNO CS 20/02/ VINCENZO GIUSEPPE RINALDI CORIGLIANO CALABRO CS 15/06/ LILIANA RIZZO CATANZARO CZ 21/12/ FILOMENA RIZZUTI CORIGLIANO CALABRO CS 08/01/ OTTORINA RIZZUTO SAN GIOVANNI IN FIORE CS 12/01/ PATRIZIA ROCCHI CHIUSI SI 30/08/ ROSALIA ROMAGNA CANAL SAN BOVO TN 04/07/ ROCCO ROMANO' BELVEDERE SPINELLO KR 09/03/ VINCENZO ROMANO CORIGLIANO CALABRO CS 29/09/ ROMOLO HOSPITAL S.R.L. CROTONE KR CATERINA RONDINONE MATERA MT 08/10/ PIETRO ANTONIO RONDINONE MATERA MT 20/07/ FRANCESCA ROTIROTI CARDINALE CZ 11/08/ FRANCESCO ROTONDO MESSINA ME 21/11/ MICHELE ROTUNDO PIGNOLA PZ 11/07/ GIUSEPPE RUSSELLO FAVARA AG 01/01/ FRANCESCO RUSSO CROTONE KR 03/08/ TERESA RUSSO CROTONE KR 29/04/ S.A.J. SERV. AUTOMOBILISTICI IONICI TREBISACCE CS ANTONIO SACCO SAN PIETRO APOSTOLO CZ 03/10/ FRANCESCO PAOLO SACCO MATERA MT 23/08/ SALERNO EXPRESS DI SALVATO ANTONIO E SALVATO GIUSEPPE S.N.C. MONTESANO SULLA MARCELLANA SA GELSOMINA SALERNO CALOVETO CS 08/05/ ANTONIO SALVATORE MATERA MT 27/11/ CARMELA SANGUEDOLCE CROTONE KR 15/11/ SANNILO GROUP S.P.A. ROSSANO CS ANNA SANSEVERINO GRASSANO MT 27/11/ ANGELA SANSEVRINO CASTELLANETA TA 15/07/ SALVATORE SANTAMARIA MESSINA ME 19/02/ IACINTIA SANTANTONIO MATERA MT 11/09/1973 SAPI S.A.S. DI SALVATORE PIGNATARO & 656 C. CORIGLIANO CALABRO CS ANGELO SARAGO' TROPEA VV 01/12/ LUCIANO SARCUNI MATERA MT 30/03/ VITO SASSANO MARSICONUOVO PZ 05/05/ VINCENZO SCACCIA CIRO' KR 21/05/ MARIA TERESA SCALA REGGIO DI CALABRIA RC 05/11/ ANTONIO SCALISE SERRASTRETTA CZ 20/03/ GIOVANNI SCALISE CROTONE KR 24/03/ GIUSEPPE SCARCELLI SAN GIOVANNI IN FIORE CS 19/03/ ALFREDO SCARPUZZA NASO ME 23/11/ FABIO SCARTAGHIANDE CAVA DE' TIRRENI SA 17/04/ GIULIANO SCHITTULLI BARI BA 24/07/ VITO MARIO SCIANDIVASCI FERRANDINA MT 08/09/ BERNARDO SCIARROTTA SAN GIOVANNI IN FIORE CS 02/04/ GAETANO SCIDA CROTONE KR 10/03/ ERNESTO SCIGLIANO ROSSANO CS 03/06/ SCIVOLETTO GIULIO DITTA DAVOLI CZ

106 673 MARIA ADDOLORATA SCOCUZZA MONTESCAGLIOSO MT 16/08/ ROSARIO SCOPELLITI PALMA DI MONTECHIARO AG 05/01/ OTTAVIO SCRUGLI TROPEA VV 21/02/ MICHELE SEMELLA TARANTO TA 01/12/ PAOLO SERIO GIOIA DEL COLLE BA 10/02/ DANIELA SERRA AUGUSTA SR 11/01/ EMANUELE SERRA GIOIA DEL COLLE BA 26/05/ ANTONIO SERRAGO CASSANO ALL' JONIO CS 23/05/ SETTEBELLO S.A.S. DI IVAN BARILE SAN GIOVANNI IN FIORE CS VINCENZO SGANGA SAN GIOVANNI IN FIORE CS 12/05/ MARIA SGRO FRAMERIES (BELGIUM) 27/06/ ORESTE BERNARDO SICA VIBO VALENTIA VV 26/04/ GIUSEPPE SICILIANO POTENZA PZ 30/04/ DANIELE SICLARI REGGIO DI CALABRIA RC 13/05/ DANIELA SILIPO CROTONE KR 06/08/ ERNESTA LUCIA SILIPO CROTONE KR 13/12/ FRANCESCO SILIPO CROTONE KR 24/06/ VALENTINA SILIPO CARIATI CS 10/06/ GIUSEPPE NAZZARENO SIMILI SAVA TA 28/05/ CARMELA SIMONE CORIGLIANO CALABRO CS 30/09/ ANTONIO SINICROPI REGGIO DI CALABRIA RC 03/08/ FRANCESCO SINICROPI REGGIO DI CALABRIA RC 26/05/ ALDO SISCA ROSSANO CS 26/01/ PAOLO SOMMAZZI SAN GIOVANNI VALDARNO AR 13/02/ LUIGI SORBARA CROTONE KR 30/09/ SPIETRO PAOLO ORRENTINO VIBO VALENTIA VV 04/07/ FRANCESCO SOTTILARO REGGIO DI CALABRIA RC 01/11/ GIUSEPPE SPADAFORA COSENZA CS 18/02/ MASSIMO SPADARO MESSINA ME 22/05/ FRANCESCO SPINA SAN GIOVANNI IN FIORE CS 04/07/ IACONIS PIETRO SPINA COSENZA CS 07/05/ MARIANO SPINA COSENZA CS 10/06/ MASSIMO SPINELLI VIBO VALENTIA VV 28/08/ PIETRO SPINELLI COSENZA CS 27/02/ DAMIANO SPOSATO ACRI CS 08/05/ MARIO SPOSATO ACRI CS 03/08/ SERGIO SPOSATO CORIGLIANO CALABRO CS 02/06/ SPOSATO SERGIO & C. SAS CORIGLIANO CALABRO CS LUIGI SQUILLACE SAN MAURO MARCHESATO KR 28/09/ ANTONINOSQUILLACI REGGIO DI CALABRIA RC 26/01/ GIUSEPPE SQUILLACIOTI CROTONE KR 01/09/ CATERINA STAGLIANO' CATANZARO CZ 03/06/ ANTONIO STELLA MATERA MT 12/05/ DOMENICO STELLA ROSSANO CS 13/05/ FRANCESCO GENNARO STELLA LONGOBUCCO CS 07/08/ ANTONIA STEVANI MESSINA ME 15/02/ MARGHERITA STIGLIANO TARANTO TA 13/03/ BONAVENTURA STILO AFRICO RC 08/11/ CARMELO STRACUZZI SANT'AGATA DI MILITELLO ME 31/05/ RAFFAELE STRADA GINOSA TA 27/03/ VITTORIO STRAFACE SAN GIOVANNI IN FIORE CS 16/09/

107 724 CARMELA STRIGARO CORIGLIANO CALABRO CS 22/05/1950 STUDIO ASSOCIATO ACQUAVIVA 725 BRANCACCIO MARTINA FRANCA TA ALESSANDRO TADDEO GROTTOLE MT 05/05/ CARMINE TALARICO CATANZARO CZ 29/05/ FRANCO TALARICO COSENZA CS 09/08/ FRANCO TALARICO & C. S.N.C. SAN GIOVANNI IN FIORE CS MARIO TALARICO SAN GIOVANNI IN FIORE CS 17/11/ SALVATORE TALARICO SAN GIOVANNI IN FIORE CS 06/06/ CATERINA MARIA TAMBONE GENOA GE 21/04/ FRANCESCO TANTONE SALANDRA MT 17/08/ ISABELLA TANTONE SALANDRA MT 17/11/ VINCENZO TARANTINO GERMANY 19/10/ ANTONINO TARANTO MONTALBANO ELICONA ME 23/05/ GIOVANNA TARQUILIO SALANDRA MT 27/02/ NATALE TAVERNISE CORIGLIANO CALABRO CS 10/01/ ALBERTO TEDESCO SAN GIOVANNI IN FIORE CS 20/05/ GIACINTO LUIGI FRANCESCO TEDESCO CROSIA CS 19/02/ ANGELO CORRADO TERRANOVA GENOA GE 19/11/ TOMMASO FORCINITI GIOIELLI CROSIA CS MARIO TOSCANO S.R.L. - SOCIETA' UNIPERSONALE CORIGLIANO CALABRO CS CARMELA TOTO GRAVINA IN APULIA BA 05/11/ GIUSEPPE TRAPANI PALERMO PA 10/06/ CONCETTA TRAVERSA STALETTI CZ 25/07/ SERAFINO TRENTO CARIATI CS 12/05/ EMANUELE TRIGGIANI BARI BA 26/01/ GIUSEPPE TRINGALI BRANCALEONE RC 15/11/ STELLA TRIPOLO MARTINA FRANCA TA 02/05/ ANTONIETTA TROTTA MONTE SANT'ANGELO FG 07/06/ ALBERTO TUCCI POTENZA PZ 16/01/ FELICE TUCCI STIGLIANO MT 21/10/ STEFANO TUCCILLO AFRAGOLA NA 19/09/ FRANCESCA URICCHIO SALANDRA MT 28/08/ ROSA MARIA IMMACOLATA URICCHIO SALANDRA MT 08/12/ LUISA VACCARO MARSICONUOVO PZ 19/04/ FRANCESCO MARIO VALENTE SAN GIOVANNI IN FIORE CS 06/10/ ROBERTO VALENTINO MESSINA ME 05/05/ NEDO VARANO ISCA SULLO IONIO CZ 10/06/ MICHELE VARESANO CORATO BA 10/02/ ALFIO VASTA LENTINI SR 12/11/ MICHELE VENTRELLI BARI BA 10/11/ FRANCESCA VEROLA FRANCAVILLA FONTANA BR 08/10/ VINCENZO VIGGIANO AVIGLIANO PZ 12/04/ NICOLA VITRO' VIBO VALENTIA VV 04/04/ GAETANO VITULLI MATERA MT 22/07/ ANGELA ROSA VIZZIELLO MATERA MT 02/07/ ANGELO VOTTA MARSICONUOVO PZ 25/06/ LUIGI VOTTA MARSICONUOVO PZ 13/10/ LUIGI VULCANO LONGOBUCCO CS 15/06/ FRANCESCA ZAMPARELLI ACQUAVIVA DELLE FONTI BA 27/09/ GIUSEPPE GENNARO ZAMPARELLI ACQUAVIVA DELLE FONTI BA 19/09/

108 774 RODOLFO ZITO CALOVETO CS 13/09/ ROSELENA ZITO ROSSANO CS 23/02/1965 Total % of BPER's share capital held by the shareholders presenting list no. 2 as declared by them: 0.118% Candidates on each list List no. 1 Alberto Marri; Giuseppe Lusignani; (independent); Fioravante Montanari; Mara Bernardini (independent); Cristina Crotti (independent); Giovanni Righi (independent). List no. 2 Giovampaolo Lucifero; Luigi Muto (independent); Michele Calabrese; Sergio Giangreco (independent); Stefania Attilia Chiarito (independent); Antonella Malinconico (independent). List of persons elected and percentage of votes Elected from List 1: 10,649 votes (62.50% of votes) 1. Alberto Marri; 2. Giuseppe Lusignani; (independent); 3. Fioravante Montanari; 4. Mara Bernardini (independent); 5. Cristina Crotti (independent). Elected from List 2: 5,639 votes (33.09% of votes) 6. Giovampaolo Lucifero. Further information on the Directors, the lists from which they were taken and the outcome of the voting can be found in the minutes of the Shareholders' Meeting filed at the registered offices of the Issuer which are available to the public on the website of Borsa Italiana ( and BPER, and in the lists and press releases issued at the end of the meetings and published on the Bank's website (Governance - Shareholders' Meeting section and in the Press & Media -Press Releases section) Maximum accumulation of offices that can be held in other companies The Board of Directors of the Bank, with its Regulation setting "Limits of the accumulation of offices by Directors of Banca Popolare dell Emilia Romagna as updated, defined general criteria for the maximum number of board and audit appointments that Directors may hold in other companies compatible with the effective performance of their duties. 108

109 In particular: the Chairman of the Board of Directors cannot hold: o o o o executive appointments in listed companies; more than 2 executive appointments in companies of significant size; more than 7 non-executive or audit appointments in listed companies or, in any case, companies of significant size; more than 10 appointments in total; the Chief Executive Officer cannot hold: o o o executive appointments in listed companies or, in any case, companies of significant size; more than 5 non-executive or audit appointments in listed companies or, in any case, companies of significant size; more than 7 appointments in total; each Director without delegated powers cannot hold: o o o more than 6 executive appointments; more than 8 non-executive or audit appointments in listed companies or, in any case, companies of significant size; more than 12 appointments in total. If several non-executive and/or audit appointments are held in companies belonging to the same group: up to a maximum of 4 are deemed equivalent to 1 appointment; more than 4 are deemed equivalent to 2 appointments; any excess over 8 such appointments are considered as separate appointments. By a resolution adopted with a majority of two thirds of those voting, the Board of Directors may, giving reasons, authorise Directors to accept or retain a total number of appointments in excess of that indicated in the preceding points. At the time of their appointment and any time thereafter that there is a change, the Directors must provide the Board with an updated list of their directorships, management and audit appointments, also for compliance with the ban on interlocking. In the event of exceeding the limit placed on the accumulation of appointments, the Board of Directors invites the Director concerned to make the related decisions. The Bank gives newly-elected Directors a special set of documents, manuals and regulations on the role of director and the duties that the position entails, as well as certifications and forms to be issued and filled in by the newly-elected Director for all the formalities and activities related to their appointment and office. In addition to the members of the Board, we also list courses, workshops, conferences and other study and training initiatives organised by national institutions concerning issues of interest to the Board. During 2014, various Directors attended training programmes recommended by BPER, especially on the subjects of governance and sector regulations. 4.3 Role of the Board of Directors (art. 123-bis, paragraph 2.d), Legislative Decree 58/98) In compliance with the law, the functioning of the Board of Directors is governed by the articles of association and the rules approved by the Board. The Board checks over time the adequacy of this Regulation and makes the appropriate changes and additions. The Board of Directors normally meets once every month. Exceptionally, the Board may meet every time considered necessary by the Chairman or when requested with reasons by at least one third of the Directors or, following written communication to the Chairman of the Board of Directors, by the Board of Statutory 109

110 Auditors or individually by each Serving Auditor. The Chairman coordinates the activities of the Board of Directors, promoting the effective functioning of the system of corporate governance, as well as the efficient and constant link between the functions of direction and strategic supervision and those of management; the Chairman is the principal point of reference for the bodies, departments and organisations within the Bank responsible for control activities and for the committees established within the Board of Directors. The Chairman of the Board of Directors works to ensure that the Directors receive proper and timely information. Having heard the opinion of the Chief Executive Officer and assisted by the competent internal functions, the Chairman identifies the supporting documentation for the matters on the agenda of meetings. The documentation on particularly important or complex items on the agenda is sent to the Directors and Statutory Auditors prior to the date of the board meeting with the latest computerised tools, including a special procedure that produces an electronic book. The Board of Directors met 22 times during 2014 and the average duration of each meeting was about 3.5 hours. Board meetings were attended by the following persons who are not members of the Board: the General Manager; the Deputy General Managers; the Deputy General Manager Secretary to the Board of Directors (under art. 35 of the articles of association); from time to time, depending on the issues being addressed, the heads of the departments in question to provide detailed information as needed on the topics on the agenda. All of the Directors also met informally during 2014 to discuss various strategic matters, on the invitation of the Chairman of the Board. 20 meetings have been scheduled for 2015; at the date of this Report, the Board of Directors has met 4 times, including the meeting for the approval of this document. Pursuant to art. 40 of the articles of association, the Board exercises all powers of ordinary and extraordinary administration of the Bank, except for those reserved for the Shareholders' Meeting, and performs the functions of strategic supervision and high-level administration. Without prejudice to the powers that cannot be delegated by law, the Board of Directors has exclusive responsibility for decisions concerning: determining general operating guidelines and criteria for the coordination and management of group companies, as well as for the implementation of instructions received from the Bank of Italy and other Supervisory Authorities; the strategic direction, strategic transactions and financial and business plans; the purchase and disposal of equity investments that represent a controlling and/or significant interest; the approval and update of internal regulations that are of particular importance; the appointment and dismissal of the Chairman and Deputy Chairmen; the appointment from among its member of an Executive Committee and any other committees needed for the operations of the Bank, determining the members, their duties and how they will operate; the appointment of the Chief Executive Officer, granting, modifying and/or revoking the powers granted to him; the appointment and dismissal of the General Manager; the appointment of the managers of the internal audit and compliance functions, and the executive responsible for preparing the Company's accounting documents; 110

111 mergers in the situations envisaged by arts and 2505-bis of the Italian Civil Code; any alignment of the articles of association with regulatory requirements. As part of its duties, the Board of Directors: has, drawing where necessary on information received from bodies with delegated powers, assessed the adequacy of the Bank's systems, administration and accounting organisation with reference to: o o o o the transactions carried out with related parties and, more in general, those involving conflicts of interest; the outcome of the checks performed by the second and third level control functions; the exercise of the mandates granted to the appointed persons; the economic-financial results of the various business areas covering the entire operations of the Bank; has, drawing where necessary on the documentation provided by Group companies and the control functions, also assessed the adequacy of the systems, administration and accounting organisation of strategic subsidiaries with reference to: o o o the outcome of the checks performed by the second and third level control functions; the reports on the consents granted to Group companies by bodies appointed by the Parent Company; the economic-financial results of the various companies and of the Group as a whole; has assessed on an ongoing basis the general results of operations, via the periodic analysis of the principal economic and financial aggregates of the Bank and the Group supplied by the bodies with delegated powers, comparing them with the budget objectives and the business plan, as well as with the approved interim reports. The Board of Directors is also responsible for other transactions (unless, given their value, they are covered by the powers delegated to other bodies) deemed material in economic or financial terms, such as: the purchase and sale of property; the formation of companies, the creation of temporary business associations and the definition of strategic alliances; plans for the issue of certain financial instruments (shares in the Bank, convertible bonds); the granting of lines of credit to companies within the Group; the granting of lines of credit, both directly and as guarantees, that exceed the thresholds assigned to other corporate bodies; mergers and spin-off transactions, the purchase/sale of businesses or lines of business, contributions in kind and, more generally, transactions that involve publishing a prospectus in accordance with CONSOB's instructions. The Board of Directors carries out an annual evaluation of its own functionality, as well as that of the board committees. The results of this self-assessment provide support for the Board in acquiring a greater awareness of its strengths, as well as detecting any areas for improvement, with regard to how it functions, planning the corrective measures that are deemed most appropriate accordingly. The methods used for this purpose, which are reviewed periodically, include: Board members individually filling in questionnaires to analyse the main aspects of how the Board and its Committees function; these are then processed, integrating the results by cross-checking them against available data and information on the matters being assessed; 111

112 Benchmarking and an analysis of the trends in the banking system to support the evaluation of how many board members there should be; A system of scoring to assess the level of skills considered necessary to act properly and effectively as a Director. The competencies identified for this purpose are as follows: banking; the workings of the economy and the financial system; territories covered and the related socio-economic and market characteristics; segment regulations, internal control systems and risk management and control methods; corporate governance aspects and business management processes; organisational structures and information systems; governance structure and organisation of the Banca popolare dell Emilia Romagna Group, The results of the evaluation of the functioning of the Board and its committees during 2014 are summarised below with regard to the three areas examined. The assessment of functioning by all Directors was generally positive and essentially in line with that for the prior year. The aspects that were most appreciated were: - the number and type of Committees set up by the Board of Directors; - the attendance of departmental heads at Board meetings; - the relationship of the Board with top and middle management; - the number of non-executive Directors; - information accessibility of Directors. The size of the Bank's Board of Directors is consistent with the current level of the Group's complexity, which will gradually decline as a result of current and planned rationalization; the size of the Board will in any case be affected by actions needed to comply with the new Supervisory Provisions to be implemented as scheduled. The results of the assessment of the Board's qualitative composition also led to the conclusion that the Board's current composition is in line with what was defined as optimal. Given that both the qualitative and quantitative composition of the Board of Directors is considered optimal and considering the expertise of the Directors currently in office and those coming to the end of their term of office, the Bank has identified areas of professional competence in which the candidates for the position of Director may usefully make further qualified contributions, with a view to making the Board as effective as possible: - segment regulations, - internal control systems and risk management and control methods; - banking; - organisational structures and information systems. The document on the "Optimal Qualitative and Quantitative Composition of the Administrative Body - Communication to Members in view of the partial renewal of the Board of Directors" was approved by the Board and published on the Bank's website ( in the "Governance - Corporate Bodies - Shareholders' Meeting" section in order to satisfy the need to bring the results of this analysis to the attention of the members in good time, so that the choice of candidates for election to the Board of Directors at the next Shareholders' Meeting can take the required expertise and skills into account. The shareholders have not adopted any resolutions that provide general and advance authorisation for exceptions to the no-competition requirement established in art of the Civil Code. In any case, none of the Directors are currently in the position envisaged by this article of the Civil Code. 112

113 4.4 Chairman of the Board of Directors The Chairman is elected by the Board of Directors from among its number by an absolute majority of its members and remains in office until the expiry of his mandate as a Director. The Chairman of the Board of Directors performs the functions required by law, facilitating the governance of the Bank and promoting the effective and balanced functioning of the powers allocated to the various corporate bodies, as well as acting as point of reference for the Board of Statutory Auditors, for the managers of internal control functions and for internal committees. The Chairman does not have executive powers. He represents the Company in dealings with third parties and in legal proceedings, both in the courts and in administrative matters, including appeals and revocations, and has single signature powers. The Chairman of the Board is not the main person responsible for managing the Issuer - given that there is a Chief Executive Officer, an Executive Committee and a General Manager - nor, given the Issuer's status as a cooperative bank, is the Chairman its majority shareholder. 4.5 Responsible bodies In compliance with the articles of association and legal requirements, art. 41 of the articles of association envisages that the Board of Directors may delegate its powers - without prejudice to the right of each Director to make proposals - to the Chief Executive Officer and to the Executive Committee, establishing limits for each mandate granted. With regard to the granting of loans and ordinary operations, decision-making powers may be delegated, determining the extent of such powers, to the Chief Executive Officer, to individual Directors, to the General Manager and to other members of General Management, as well as - within predetermined limits on amount, depending on function and level - to employees with specific duties and to the managers of branches. In urgent cases, the Chairman of the Board of Directors, or the Chief Executive Officer may take all decisions, based on a proposal from the General Manager, about the making of loans. It is worth noting the designation by the Board of Directors, of a non-executive and independent Director, Giulio Cicognani, as the director responsible for providing feedback on behalf of the Bank to any requests from the shareholders' associations Chief Executive Officer By resolution of 15 April 2014 and pursuant to art. 35 of the Bank's articles of association, the Board of Directors appointed Alessandro Vandelli as Chief Executive Officer, granting him powers consistent with the role established by the Board of Directors, the main ones are listed below. to make proposals on the strategic guidelines, long-term plans and annual budgets of the Bank and Group companies, to be submitted to the Board of Directors for voting; to submit for review by the Board of Directors the decisions taken regarding the organisational structure of the Bank; to supervise the preparation of interim reports and financial statements of the Bank and its subsidiaries in the Group; to coordinate the activities of the Bank and its subsidiaries, formulating guidelines and directives to their General Managements, so as to ensure that the various companies operate in compliance with the decisions taken by the administrative bodies and the activities of the subsidiaries is consistent with the strategies laid down by the Bank as the Parent Company; to check periodically the progress being made on the plans and projects approved by the Board, including those of a strategic nature, as well as respect for the budgets established by group companies and developed by the individual subsidiaries in the Group; to ensure implementation of the Group's corporate governance rules; 113

114 to ensure implementation of the Board of Directors' resolutions; authorise, in the event of urgent need, lines of credit of any kind on condition that their amount is less than or equal to 5% of the Bank's shareholders' equity; to approve credit lines, in situations that are not considered urgent, as provided for in the current Group Regulation for the process of defining the decision-making bodies for the provision of credit; to authorise the purpose subscription - disposal, up to an amount of Euro 5 million, of equity investments that do not alter the composition of the Group; to authorise, with regard to the Group's treasury and finance management, investments and divestments of bonds and equities within the limits laid down in current internal regulations; authorise expenditures within the limits established by the system of mandates; to authorise the rental of property, both by the Bank and to third parties, within the established limits; to authorise write-offs within the limits established by the system of mandates. The Chief Executive Officer, Alessandro Vandelli, is the main person responsible for managing the business and in order to avoid situations that could generate potential conflicts of interest, he does not act as a Director of any issuers not of the BPER Group where a BPER Board member acts as the chief executive officer Executive Committee (under art. 123-bis, paragraph 2, letter d), Legislative Decree 58/98) The Executive Committee, together with the Chief Executive Officer and the General Manager, participates in the management of the Bank to the extent of the powers assigned to it by the Board of Directors. At the end of 2014 and at the date of this Report, the Executive Committee consists of six Directors: Alberto Marri (Chairman Deputy Chairman of the BoD), Giosuè Boldrini (Deputy Chairman of the BoD), Luigi Odorici (Deputy Chairman of the BoD), Alessandro Vandelli (as Chief Executive Officer), Pietro Ferrari and Deanna Rossi. The appointed Secretary is the Deputy General Manager Gian Enrico Venturini. Committee meetings may be attended by The Chairman of the Board of Directors, but without any right to make proposals or vote. In compliance with the law, the functioning of the Executive Committee is governed by the articles of association and the Rules for the Functioning of the Executive Committee approved by the Board of Directors. Committee meetings, called by the Chairman, are usually held every fifteen days and, in any case, whenever decisions are needed on matters for which it is responsible. The General Manager also attends meetings of the Executive Committee. The Committee met eight times during meetings have been scheduled for The Committee has met 3 times as of the date of approval of this Report by the Board. The Board of Directors granted powers and mandates to the Executive Committee by a resolution dated 25 June In particular, the Executive Committee has the power to authorise: lines of credit as provided for in the current "Group Regulation for the process of defining the decision-making bodies for the provision of credit"; the acquisition and/or disposal of non-controlling and/or insignificant equity investments, within the limits established by the system of mandates; the purchase and/or sale of property within the limits established by the system of mandates; 114

115 the cost of fitting out branches; promotional, advertising and charitable initiatives of all kinds Information for the Board of Directors The Board of Directors and the Board of Statutory Auditors are informed about decisions taken by the holders of mandates at least every three months pursuant to art of the Italian Civil Code. 4.6 Other Executive Directors The corporate bodies received information flows so that permit them to have the necessary information for an effective and conscious execution of the assignments given to them by regulations. 4.7 Independent directors Pursuant to art. 147-ter, paragraph 4, of Legislative Decree 58/98 and art. 34, paragraph 2 of the articles of association, at least four members of the Board of Directors have to meet the independence requirements established for statutory auditors by art. 148, paragraph 3, of Legislative Decree 58/98. Eight directors are considered to be independent at the date of this report. At the time that Board members are appointed, the market is informed by means of a press release which Directors have declared that they are independent. After an election at the AGM, the market is informed in the same way about the outcome of the Board of Directors' verification that the members meet the requirements of professionalism, integrity and independence. At the date of this Report, the following persons are Independent Directors pursuant to art. 147-ter of Legislative Decree 58/98, art of Legislative Decree 58/98: Mara Bernardini, Giulio Cicognani, Cristina Crotti, Elisabetta Gualandri, Giuseppe Lusignani, Valeriana Maria Masperi, Giuseppina Mengano and Daniela Petitto. During the year, the Independent Directors did not have a formal meeting in the absence of the other Directors, outside of the sessions of the Committees of which they are members. 4.8 Lead Independent Director The appointment of an independent director as the lead independent director is recommended in cases where the chairman of the board of directors is also the main person responsible for managing the business, also being the company's chief executive officer, or if the office of chairman is held by the person who controls the issuer. In such cases, the lead independent director acts as a point of reference and coordination for the requests and contributions of non-executive directors, especially the independent ones, possibly by means of special meetings attended by just the independent directors (independent directors committee). In the case of BPER, given that the Chairman of the Board is not the main person responsible for managing the Issuer, nor, given its status as a cooperative bank, is he the Issuer's majority shareholder, the Board has not appointed an independent director as the lead independent director. It should also be noted that the Bank's Board of Directors has set up an Independent Directors Committee. See Chapter 10 for further information. 115

116 5 Processing of corporate information The Bank has approved guidelines for the management of privileged information to be communicated to the public and issued a specific regulation for the "Management of Privileged Information and Insider List", which establishes: the methods of communicating "privileged information" to CONSOB and the Market; the management of any delay in communicating privileged information, monitoring rumours; handling requests from CONSOB. Given a series of circumstances or significant events resulting in the existence of privileged information under art of Legislative Decree 58/98, as well as of Regulated Information under art. 113-ter of Legislative Decree 58/98, the Bank complies with the communication requirements laid down in the regulations including, in particular, art. 66 of the Issuers' Regulation, and informs the public without delay via a specific press release issued through the "System of Disclosure of Relevant Information" (SDIR- NIS), an electronic system run by Blt Market Services S.p.A., a subsidiary of the London Stock Exchange Group with head office in Piazza Affari 6, Milan, and in the 1INFO storage device Computershare S.p.A., a company of the Computershare Ltd group, with head office in Via Mascheroni19, Milan; publication on the Bank's website and, if appropriate, on the Group's website a notice published in national newspapers (in prescribed cases, as well as at the Bank's discretion). The SDIR-NIS system run by Blt Market Services S.p.A. distributes to the public the press releases sent in by issuers belonging to the circuit by sending them to the press agencies connected to the system, as well as by publishing a notice on the website of Borsa Italiana S.p.A., which also belongs to the London Stock Exchange Group. If the market is closed, the press agencies are informed immediately on the receipt of the press release by Blt Market Services S.p.A., or, if the press release is received during trading hours, fifteen minutes after it was received by Blt Market Services. The transmission of press releases through the SDIR- NIS system also ensures compliance with the regulatory and disclosure requirements vis-à-vis CONSOB. In particular, the public is given appropriate and essential information not only about any special and/or strategic transactions, but also about the accounts, resolutions approving the financial statements, the amount of dividends to be paid to shareholders and financial reports, including interim reports. In accordance with the regulations, the Bank has also set up a Register of persons with access to privileged information, managed online by means of a special procedure called "Insider List". In addition, the Bank has adopted a specific Internal Dealing Regulation that was approved by the Board and published on the website in the "Members" section. This Regulation: covers all the regulations and internal procedures to ensure that the prescribed reporting is performed in accordance with the Internal Dealing requirements in matters concerning the purchase, sale, subscription or exchange of financial instruments involving shares issued by BPER and/or other financial instruments linked to shares issued by BPER; governs the disclosures envisaged for transactions carried out by relevant persons and those closely related to them. These reports made to the market by CONSOB and Blt Market Services S.p.A.'s SDIR-NIS system, are published in the "Members" section of the Bank's website. 116

117 6 Board committees (art. 123-bis paragraph 2.d), Legislative Decree 58/98) At the date of this Report, in addition to the Executive Committee (see paragraph 4.5.2), the Board of Directors has established as sub-committees the Nominations and Compensation Committee, the Control and Risk Committee, the Independent Directors Committee and the Strategy Committee. The composition, responsibilities and functioning of these committees is governed by specific instructions approved by the Board of Directors, as described in the following paragraphs. In addition to the Committees recommended by the Code of Conduct for Listed Companies, the Bank has set up the following ones: the Independent Directors Committee, in accordance with Consob's Related Parties Regulation and Bank of Italy Circular 263 dated 27 December 2006, as well as with the Group Regulations on the process of managing transactions with related parties and associated persons adopted by the BPER Group; Strategy Committee to assist the Board and, when required, the Chief Executive Officer. Its functions are to carry out investigations, to give advice and to make recommendations, developing and submitting to the Board opinions and proposals on general and strategic guidelines and policies, as well as strategic transactions, of the Bank and the Group. It also provides support in the field of business and financial plans of the Bank and the Group, and in the calculation of current and future internal and total capital requirements in line with long-term plans and annual budgets. For further information, see chapters 10 and

118 7 Nominations and Compensation Committee The Board of Directors established the Nominations and Compensation Committee in January Composition and functioning of the Nominations and Compensation Committee (art. 123-bis, paragraph 2.d), Legislative Decree 58/98) The rules of formation and functioning of the Nominations and Compensation Committee are contained in specific "Rules" approved by the Board of Directors of the Bank. The Committee consists of a minimum of three to a maximum of five non-executive directors, the majority of whom have to meet the independence requirements of art. 147-ter, paragraph 4 of Legislative Decree 58/98. In no case can the Chairman of the Board of Directors be a member of this Committee, though he can attend its meetings ex officio. The members of the Committee are appointed by the Board of Directors and their term of office expires when they cease to be a member of the Board of Directors. Early termination of the Board of Directors, for whatever reason, leads to immediate revocation of the Committee. If one or more of the committee members can no longer attend, for whatever reason, the Board of Directors replaces them with Directors who meet the necessary requirements. The Chairman of the Committee is appointed by the Board from among the members of the Committee. If the Chairman is absent or unavailable, he is replaced in all his functions by the oldest member of the Committee in terms of age. On the Chairman's proposal, the Committee appoints a Secretary, who need not be one of its members. The Secretary remains in office until the date of the Shareholders' Meeting called to approve the financial statements of the year in progress at the time of the Secretary's appointment. The Chairman convenes the Committee, sets the agenda, chairs the meetings, prepares the work, and directs, coordinates and moderates discussions. He also represents the Committee at meetings of the Board of Directors, signs deeds to be submitted to the Board of Directors on the Committee's behalf. The Nominations and Compensation Committee meets, on convocation by the Committee Chairman, at least once every quarter and, in any case, whenever necessary to resolve on matters within its mandate. The Nominations and Compensation Committee currently comprises three non-executive and independent Directors: Elisabetta Gualandri (Chairman of the Committee and independent), Giovampaolo Lucifero (independent) and Valeriana Maria Masperi (independent). The appointed Secretary is the Deputy General Manager Gian Enrico Venturini. The Committee met seventeen times during 2014 and the average duration of each meeting was about forty minutes. On 28 October 2014 the Committee met with the Board of Statutory Auditors of the Bank to discuss matters of mutual interest. The meeting was attended by the Chairman of the Board of Statutory Auditors and all Statutory Auditors. In 2015, three meetings have already been held at the date of Board approval of this Report. Otherwise, meetings of the Committee are valid if attended by a majority of its current members. Resolutions are adopted by an absolute majority of the votes of the members attending the meeting. In the event of a tie, the Committee's Chairman has a casting vote. Every meeting of the Committee is recorded in minutes that are signed by the Committee Chairman and Secretary and kept in the Minute Book for the Nominations and Compensation Committee. The Chairman can invite to Committee meetings other members of the Board of Directors or other persons whose presence may help better performance of the Committee's functions. In particular, the Chairman invites the Chief Risk Officer to attend meetings at which incentive systems are discussed in order to ensure that these systems take into account all of the risks assumed by the Bank, using methods that are consistent with those used in managing risk for internal and supervisory purposes. 118

119 The General Manager takes part in meetings of all Board committees. The Nominations and Compensation Committee directly oversees correct application of the rules relating to the remuneration of persons responsible for internal control, being able to discuss such matters with the Board of Statutory Auditors. None of the Directors participate in the discussion of agenda items regarding their specific compensation. 7.2 Functions of the Nominations and Compensation Committee The Nominations and Compensation Committee: working together with the Chairman of the Board of Directors, selects and proposes to the Board candidate members of the Board of Directors: o o in the case of co-option, indicating the related requirements; for the purpose of preparing the form required by art of the articles of association, indicating the related requirements; prepares opinions for the Board of Directors regarding the size and composition of the Board, as well as the professional and managerial attributes that the Board ought to have; working together with the Chairman of the Board of Directors, selects and proposes candidates as members of the Board of Directors, for the purposes of preparation of the form required in art of the articles of association; presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to the Directors with specific responsibilities, as well as the remuneration attributable to the Boards of Directors of Group companies; With regard to nominations, the Committee also carries out the following tasks: it presents opinions to the Board of Directors regarding proposals for the nomination of candidates for General Management; it presents opinions to the Board of Directors regarding proposals for the nomination of candidates for the position of Director, including those to be co-opted, General Manager and Deputy General Manager of Group companies. With regard to compensation, the Committee also carries out the following tasks: it presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to the Board itself and to the Board of Statutory Auditors to be submitted for the approval of the Shareholders' Meeting, and with regard to how the remuneration approved by it should be split among the various directors; it presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to the Directors with specific responsibilities, as well as the remuneration attributable to the Boards of Directors of Group companies; it presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to the members of General Management of the Bank; it presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to those in charge of the Bank's internal control functions; it presents opinions and suggestions to the Board of Directors on the remuneration of the other "key personnel" of the Bank and of the Group, as identified according to the instructions issued by the Supervisory Authority; it checks the consistency of Board decisions with the remuneration policies approved at the Shareholders' Meeting; in close liaison with the Board of Statutory Auditors, it directly monitors correct application of the rules on the remuneration of those in charge of internal control functions; 119

120 it presents opinions, suggestions and proposals to the Board of Directors, also making use of the information received from the relevant corporate functions, on the achievement of performance goals to which the incentive plans are linked and on checking other conditions for the payment of remuneration; it provides the Board of Directors with all the support that it needs on remuneration policies, also preparing the documentation to be submitted to the Board for its decisions; it collaborates with other Board Subcommittees; it ensures the involvement of the relevant corporate functions in the process of drawing up and monitoring remuneration policies and practices; it provides appropriate feedback to the Corporate Bodies, including the Shareholders' Meeting, on the work that it has carried out. During 2014, the activities of the Committee involved: 1. with reference to nominations: prepares opinions for the Board of Directors regarding the size and composition of the Board, as well as the professional and managerial attributes that the Board ought to have; determinations for the designation of the members of the administrative and management bodies of Group banks and companies, consistent with the provisions of art. 4.1.e) of the Rules governing the Nominations and Compensation Committee ; appointment of the Secretary, consistent with the provisions of art. 3 of the Rules governing the Nominations and Compensation Committee. 2. with reference to compensation: the definition of Remuneration policies for directors, employees and collaborators that do not have an employment contract in accordance with the provisions of art. 4.1.II, letter i), of the "Rules governing the Nominations and Compensation Committee"; the presentation of opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to the Directors with specific responsibilities, as well as the remuneration attributable to the Boards of Directors of Group companies; it presents opinions, suggestions and proposals to the Board of Directors regarding the remuneration to be awarded to those in charge of the Bank's internal control functions, in accordance with art. 4.1.II, d) of the "Regulations for the Functioning of the Nominations and Compensation Committee", it presents opinions and suggestions to the Board of Directors on the remuneration of the other "key personnel" of the Bank and of the Group, as identified according to the instructions issued by the Supervisory Authority and in accordance with art. 4.1.II, e) of the "Regulations for the Functioning of the Nominations and Compensation Committee", 3. During the year, the Committee checked the adequacy of its Regulations and proposed an update that was presented to the Board pursuant to art. 7 of the above "Regulations for the Functioning of the Nominations and Compensation Committee. Every meeting of the Committee is recorded in minutes that are signed by the Committee Chairman and Secretary and kept in the Minute Book for the Nominations and Compensation Committee. In order to carry out its functions, the Committee has access to the information and business functions needed for the performance of its tasks. As things stand, the Committee has no independent access to financial resources. 120

121 8 Remuneration of Directors Without prejudice to the power to determine the remuneration of the Chief Executive Officer and the Directors with special duties under the articles of association, pursuant to art of the Civil Code and art. 24 of the articles of association, the Board of Directors arranges to allocate among its members the total remuneration fixed at the Shareholders' Meeting. The remuneration policies of the Group, approved by the Shareholders' Meeting of 12 April 2014, establish that: the remuneration of Directors consists of a fixed component, supplemented by another fixed component of compensation, which is only awarded to Directors with special duties (the Chairman, Deputy Chairmen, Chief Executive Officer). In other words, there are no bonus systems linked to the achievement of quantitative performance objectives, nor forms of compensation based on financial instruments, except for the Chief Executive Officer for whom, in line with the Bank of Italy's recommendation of 30 March 2011, the remuneration is split between a fixed component and a variable component (which cannot exceed 50% of the fixed component), using 30% as an ordinary reference for the definition of target bonuses, based on a bonus system that is calculated with reference to a series of qualitative and quantitative objectives. The correlation between the amount of variable remuneration and the company's medium/long-term results is performed by assessing the level of achievement of economic and financial results in line with the annual and three-year plans, according to indicators defined by the Board of Directors, in accordance with the system of alignment to the overall risk considered after the event. The area of strategic management and managerial behaviour ensures the alignment of the remuneration system to the Group's mission and values, supporting its orientation towards the construction of long-term value. Payment of 60% of the variable component is deferred over 3, 4 or 5 years, in equal annual instalments, on the basis of the bonus amount, subject to penalty clauses. At the same time, it is foreseen that 50% of both the immediate and deferred portions are to be paid in the form of financial instruments (so-called phantom stock ): cash allocations linked to the market price of the Parent Company's ordinary shares, with a vesting period (during which the shares cannot be sold) of two years for the immediate portion and one year for the deferred portion; the remuneration of General Management and Managers with strategic responsibilities who belong to the category of Key Personnel is represented by a fixed component that differs according to their responsibilities, supplemented by a variable element that also differs according to the position that they hold and which cannot exceed 50% of the fixed component. The variable component is based on a bonus system that to be calculated makes reference to a series of qualitative and quantitative objectives that are assigned to each manager according to their position 2. Starting with the remuneration for 2011, in accordance with the recommendations of the Bank of Italy of 30 March 2011, 50% of the variable component of the remuneration of General Management and Managers with strategic responsibilities who belong to the category of Key Personnel gets deferred 3 and paid in annual instalments, subject to penalty clauses. The deferred portion is expected to be paid in the form of financial instruments (so-called phantom stock or virtual shares) : cash allocations linked to the market price of the Parent Company's ordinary shares, with a vesting period (during which the shares cannot be sold) of one year for all Key Personnel, so including the CEO and Managers with strategic responsibilities, for whom the variable element of remuneration is subject to them overcoming certain pre-established parameters (known as "gates") expressed in terms of consolidated earnings and balance sheet aggregates. The variable remuneration paid is subject to reimbursement (known as "claw-back") in the event of fraud or gross negligence, without which the reported results would not have been achieved; The remuneration of those in charge of control functions, including the Head of Internal Audit and the Manager responsible for preparing the company's financial reports, is composed of a fixed 2 The maximum limit is 25% if the assessment is carried out solely on a qualitative basis, i.e. based on an assessment of coverage of the responsibilities assigned and handling of scheduled projects (if significant); managerial values and behaviours. 3 Commencing from the 2014 Policies, the three-year deferral period has been amended to 3/5 years, depending on the amount of the bonus. 121

122 component supplemented by a specific function indemnity and a variable component which can be up to a maximum of 15% of the fixed component. The latter does not depend on meeting financial targets, but is related to the objectives of the function. The incentive mechanisms (bonuses) for these persons are consistent with the tasks assigned to them thanks to a qualitative assessment of the level of coverage of their responsibilities, of the projects assigned to them, as well as the managerial skills that they have expressed. 8.1 Indemnities for Directors who resign, are terminated or cease to serve following a public offer for the purchase of shares (art 123-bis, paragraph 1.i), of Legislative Decree 58/98) There are no agreements with Directors or Executives with strategic responsibilities that envisage indemnities upon termination without just cause or following a public offer for the purchase of shares. The requirement contained in point 2.3 of Consob Communication no. DEM dated 24 February 2011, whereby it was necessary to include information in this report about any indemnities payable in the event of early termination of the relationship, was superseded by Consob Resolution no dated 23 December 2011, which requires preparation of the compensation report and inclusion therein of the information specified in point 2.3 above. For further information, please refer to the documents that are available on the Bank's website, including the Report on Remuneration Policies, in the "Governance - Documents" section or, under the same section, "Corporate Bodies - Shareholders' Meeting" where every year is published the report submitted to shareholders and on the same page the box entitled "Consult the archive of the meetings" , among the documents published for the shareholders' meeting of 12 April 2014, the document is attached to "Agenda item 5: Report on Remuneration Policies - publ. 11 March

123 9 Control and Risk Committee In May 2009, the Board of Directors established a sub-committee for internal control, calling it the Control and Risk Committee, as defined on 4 June 2013 to replace the previous Internal Control Committee. 9.1 Composition and functioning of the Control and Risk Committee (art bis, paragraph 2.d), Legislative Decree 58/98) The rules for the formation and functioning of the Control and Risk Committee are contained in a specific Regulation approved by the Board of Directors of the Bank. The Committee consists of a minimum of three to a maximum of five directors, excluding the Chairman of the Board of Directors, who meet the independence requirements of art. 148-ter, paragraph 3 of Legislative Decree 58/98. Alternatively, the Committee may consist of non-executive directors, providing that a majority of them are independent. At least one member of the Committee must have adequate experience in accounting and finance or risk management, to be assessed by the Board of Directors at the time of appointment. The members of the Committee are appointed by the Board of Directors and their term of office expires when they cease to be a Director. Early termination of the Board, for whatever reason, leads to the immediate revocation of the Committee. If one or more members can no longer attend, for whatever reason, the Board of Directors replaces them with Board members who meet the requirements of the Committees described above. The Chairman of the Committee is appointed by the Board of Directors from among the members of the Committee; if the Committee is not composed solely of independent directors, the Chairman is chosen from among the independent members. If the Chairman is absent or unavailable, he is replaced in all his functions by the oldest member of the Committee in terms of age. The Chairman convenes the Committee, sets the agenda, chairs the meetings, prepares the work, and directs, coordinates and moderates discussions. He represents the Committee and endorses the documents to be submitted to the Board of Directors. On the Chairman's proposal, the Committee appoints a Secretary, who need not be one of its members. The Secretary remains in office until the effective date of the Shareholders' Meeting called to approve the financial statements of the year in progress at the time of the Secretary's appointment. The Committee meets at least once every two months and, in any case, whenever necessary to resolve on matters within its mandate. The Control and Risk Committee currently consists of five members (all non-executive and including four independent Directors): Giulio Cicognani (Chairman - independent), Antonio Angelo Arru, Elisabetta Gualandri (independent), Giuseppe Lusignani; (independent) and Valeriana Maria Masperi (independent). The Board of Directors considers that Elisabetta Gualandri and Giuseppe Lusignani have adequate experience of accounting, financial and risk management matters, especially in view of their academic work in the economic-financial area. The Control and Risk Committee met twenty times during 2014 and the average duration of each meeting was about two hours. For the period January-July 2015, twenty meetings have been planned, of which five have already taken place at the date of this Report. Otherwise, meetings of the Committee are valid if attended by a majority of its current members. Resolutions are adopted by an absolute majority of the votes of the members attending the meeting. In the event of a tie, the Committee's Chairman has a casting vote. Every meeting of the Committee is recorded in minutes that are signed by the Committee Chairman and Secretary and kept in the Minute Book for the Control and Risk Committee. 123

124 Meetings of the Committee are attended by the Chairman of the Board of Statutory Auditors (or by another auditor designated by him), the Chief Executive Officer and the General Manager. The Chairman of the Committee can also invite to its meetings other members of the Board of Directors, Managers of internal control functions, the Manager responsible for preparing the company's financial reports or other people whose presence might facilitate the functioning of the Committee. During 2014, the Chairman of the Board of Statutory Auditors attended 14 meetings of the Control and Risk Committee, whereas at one meeting he was replaced by another Statutory Auditor. Attendance by other external parties (principally the managers of the internal control functions) was determined by invitation from the Committee, having specific regard for the matters on the agenda. In order to carry out its functions, the Control and Risk Committee has access to the information and business functions needed for the performance of its tasks. It can request the internal control functions and the Manager responsible for preparing the company's financial reports to carry out checks on specific operational areas, informing at the same time the Chairman of the Board of Statutory Auditors. As things stand, the Committee has no independent access to financial resources. 9.2 Functions attributed to the Control and Risk Committee The Committee carries out the following tasks: a) it provides support for the Board of Directors, by means of advance opinions, in setting the guidelines for the system of internal control and risk management, so that the main risks faced by the issuer and its subsidiaries are correctly identified and adequately measured, managed and monitored, while also being consistent with the strategic objectives identified by the company; b) it provides support for the Board of Directors, by means of advance opinions, in its assessment of the effectiveness of the system of internal control and risk management with respect to the characteristics of the issuer and its subsidiaries and the risk profile assumed, as well as its effectiveness; c) it provides support for the Board of Directors, by means of advance opinions, in the preparation of the report on corporate governance for the part that describes the main characteristics of the system of internal control and risk management and the assessment of its adequacy; d) it monitors the independence, adequacy, effectiveness and efficiency of the internal control functions and the Manager responsible for preparing the company's financial reports; e) it gives an advance opinion on the appointment and dismissal of the heads of internal control functions and the Manager responsible for preparing the company's financial reports; f) gives a prior opinion on the proposal for periodic planning of the activities of the internal audit functions and of the Manager responsible for preparing the company's financial reports; g) it examines the half-yearly and year-end reports prepared by the internal control functions and the Manager responsible for preparing the company's financial reports; h) examines the periodic reports and the indications from the Supervisory Authorities pursuant to Decree 231/2001; i) presents opinions on the proposed technical-organisational adjustments received by the Board of Directors from the Supervisory Authorities pursuant to Decree 231/2001; l) without prejudice to what is provided in paragraph h), it examines the reports of particular relevance prepared by the internal control functions and the Manager responsible for preparing the company's financial reports; m) expresses opinions on specific issues related to identification of key business risks; n) evaluates, together with the Manager responsible for preparing the Company's financial reports and the Independent Auditors and the Statutory Auditors, the proper application of the accounting policies and their consistency among Group companies for the purpose of preparing the consolidated financial statements; 124

125 o) it provides support for the Board of Directors, by means of advance opinions, in evaluating the results shown in the auditor's management letter and in the audit report on any important matters that arose during audit regarding to the system of internal control and risk management. During 2014, 139 topics were discussed, including: 34 concerning the Group Internal Audit Department, 40 presented by the Group Risk Management Department, 18 by the Group Compliance Unit, 3 by the Group Anti-Money Laundering Unit, 5 were handled by the Manager Responsible, 1 presented by the Group Lending Department, 14 for the examination of the preliminary results of the Gap Analysis compared with the 15th update of the Bank of Italy's Circular 263 about internal control systems, information systems and business continuity, 1 disclosure on Comprehensive Assessment project and Asset Quality Review, 2 of the Group General Affairs Department, 15 for approval of the minutes of Committee meetings, 2 for approval of the Committee's half-yearly report, 2 for updates on the work of the Committee, 1 for the periodic meeting with the Independent Auditors, 2 for the periodic meetings with the Supervisory Board. The areas under discussion mainly concerned: - examination of the plans and results of the control functions and the Manager Responsible; - the examination of periodic reports on the exposure to risks; - monitoring the progress of corrective action to the findings of the Ratification function; - examination of the main reports produced by the control functions; - examination of the ICAAP documentation for the self-assessment of capital adequacy; - examination of the results of the BPER Group's self-assessment with respect to the requirements of the 15th update to Bank of Italy's Circular 263/06 on internal controls systems, IT systems and business continuity ("Gap Analysis); - Information on the Comprehensive Assessment project and Asset Quality Review. As things stand, the Committee has no independent access to financial resources. In accordance with the above regulations, the Control and Risk Committee has prepared and approved halfyearly reports on the activities carried out and on the adequacy of the system of internal control and risk management, which were presented to the Board of Directors. 125

126 10 Independent Directors Committee In accordance with the regulatory framework introduced by the CONSOB Related Parties Regulation, followed by the Bank of Italy's circular 263 of 27 December 2006, with the 9th update of 12 December 2011, "New regulations for the prudential supervision of banks" Title V - Chapter 5, "Risk activities and conflicts of interest with related parties", the Board of Directors of the BPER Group cancelled the previous internal rules and adopted the "Group Regulations of the process of managing transactions with related parties and/or associated persons" (the "Regulations") with effect from 31 December 2012, and subject to a first revision on 12 November In accordance with these regulations, by a resolution of 13 November 2012, the Bank's Board of Directors replaced the previous Related Parties Committee by setting up the Committee of Independent Directors, consisting of three non-executive directors who meet the independence requirements under art. 147-ter, of the Legislative Decree 58/98. In the circumstances mentioned in the Regulations, the Committee gives an advance, reasoned opinion on the Bank's interest in carrying out a transaction a related party and/or an associated entity, as well as on the cost-effectiveness and fairness of the conditions being applied, which involves gathering information addressed to it in accordance with the procedures and terms of reference laid down by the regulations and rules of operation approved for the Committee by the Board of Directors of the Bank Composition and functioning of the Independent Directors Committee (art. 123-bis, paragraph 2.d), Legislative Decree 58/98) The Independent Directors Committee consists of three non-executive directors, including at least one chosen from the directors elected by the minorities, if any, who meet the independence requirements for Statutory Auditors under art. 148, paragraph 3, of Legislative Decree 58 of 24 February 1998, as mentioned in the Bank's articles of association. The members of the Committee are appointed by the Board of Directors and their term of office expires when they cease to be a member of the Board of Directors. Early termination of the Board of Directors, for whatever reason, leads to revocation of the Committee. Any member of the Committee who no longer meets the independence requirements has to communicate this fact as soon as possible to the Committee and to the Board of Directors. Any independent director who turns out to be a related party to a transaction that is being reviewed has to communicate this fact as soon as possible to the Committee and abstain from voting on the transaction. If one or more of the committee members can no longer attend, for whatever reason, the Board of Directors replaces them with Directors who meet the necessary requirements. At the date of this Report, the BPER Independent Directors Committee consists of the following three Directors: Giulio Cicognani (Chairman); Giuseppina Mengano Amarelli and Daniela Petitto. During 2014 the Independent Directors Committee met 10 times; the average duration of the meetings was normally one hour. In 2015, as of the date of approval of this Report by the Board of Directors, the Committee had held 3 of the 19 meetings currently scheduled. Minutes are taken for each meeting and filed in the Minute Book once they have been signed by the members who took part in the meeting and by the Secretary. Similarly, every opinion expressed, subscribed by the Chairman and the Secretary is recorded and kept in the Opinion Book. With regard to the specific transactions mentioned in the agenda, Committee meetings are attended by representatives of the functions (or persons designated for this purpose) that carry out the individual transactions submitted for the Committee's opinion or communicated to it for information. The reason for their participation is the need for a full description of the transactions being discussed and for any necessary explanation. As things stand, the Committee has no independent access to financial resources. 126

127 10.2 Functions of the Independent Directors Committee Subject to compliance with regulations and laws in force, the Committee: a) analyses the content of the document called "Group policy on controls over risk activities and conflicts of interest with related parties", prepared by the Bank, evaluating compliance with the rules and its adequacy in coping with the operational complexity of the Bank. More specifically, it evaluates: o o o o the explanation of how conflicts of interest arising from transactions with related parties are to be handled; the risk appetite of the Group with respect to transactions with related parties; the method for identifying and recording related parties and monitoring their activities in relation to the Group; the definition of control processes, also with regard to the duties of the second and third level control functions; b) analyses the content of the "Group Regulations - Related parties" prepared by the Bank, assessing that they are suitable to ensure transparency and substantial and procedural fairness, as well as the integrity and adequacy in coping with the operational complexity of the Bank. More specifically, it evaluates: o o o o o o o o o o o o o the criteria for the identification and classification of more and less material transactions; consistency with current regulations of cases of exclusion, exception and exemption from the application of specific procedures, including the criteria for checking the existence or otherwise of significant interest on the part of other related parties or other associated persons; In particular: the ways in which transactions have been identified, exclusively of lesser materiality, concluded at market or standard conditions; the situations and approach underlying the adoption of framework resolutions; the ways in which transactions with related parties and/or associated persons are initiated and approved; timing and ways in which the members of the Committee are given the documentation of related-party transactions before the resolution, as well as during and after its implementation; the safeguards to be applied to transactions, if these give rise to losses, transfers to nonperforming loans, and court or out-of-court settlements; the information flows to be provided to the corporate bodies; information to be provided to CONSOB and the market for transactions with related parties; the periodic financial disclosures to be made on transactions with related parties; periodic reporting to the Supervision body on risk activity in respect of associated persons; rules with regard to cases in which the Parent Company Banca Popolare dell Emilia Romagna reviews or approves the transactions of its Italian or foreign subsidiaries; the Parent Company's policy and coordination measures; suitable controls to be applied to transactions with related parties and/or associated persons by Italian non-banking members of the Group and by foreign banking and non-banking members of the Group; c) expresses at the time of the resolution an advance reasoned and binding opinion that spells out the results of the assessments mentioned in points a) and b). With regard to so-called "less material transactions", to be carried out by the Bank with a party related to it and/or a person associated with it, the Committee: 127

128 1) evaluates the Bank's interest in carrying out the proposed transaction; 2) assesses the convenience and substantial fairness of the conditions of the proposed transaction; 3) expresses a reasoned, non-binding opinion, that may also be conditional on the observations made, spelling out the results of the assessments mentioned in points 1) and 2). As regards so-called more material transactions carried out by the Bank with a party related to it, in addition to the steps that it has to take in the case of less material transactions, the Committee also gets involved in the negotiations and preliminary phase by receiving a complete and timely flow of information with the right to ask for information and to make observations to the responsible bodies and to those in charge of carrying out the negotiations and the preliminary phase. The opinion expressed for the purpose of the resolution regarding the transaction is binding; in the case of a conditional opinion, the transaction can only be completed or executed if all of the conditions mentioned in the opinion expressed by the Committee have been fulfilled. To carry out its duties, the Committee receives the documentation and information necessary for a proper evaluation from the functions that are proposing the transaction, with the timing and in the ways laid down in the regulations. If deemed necessary, the Committee has the right to use the services of independent experts unrelated to the Bank, within the cost limits set by the Board of Directors. These cost limits are valid in the case of more material transactions. The Committee did not make recourse to the services of independent experts during As regards less material transactions, defined as ordinary and concluded at market or standard conditions with parties related to and/or persons associated with the Committee: 1. it receives from the competent function ex-post information on the transactions that have been carried out; 2. it provides any opinions or observations to the Board of Directors and/or to a different decisionmaking body for the purpose of taking any corrective action that may be possible on transactions displaying critical aspects. The Committee meets at the Bank's head office or elsewhere providing it is in Italy. Meetings are convened by its Chairman any time one is needed to decide on pertinent matters, or whenever the Chairman considers one opportune. The notice of calling has to include the date, time and location of the meeting, and a list of matters to be discussed. It has to be sent to the Committee's members at least the three days prior to the meeting. The Committee is considered to have been regularly convened, even without a formal notice of calling, if all of its members are present. Committee meetings can be held remotely by means of suitable telecommunications (video conferencing, teleconferencing, etc.) providing that all participants can be identified and that this identification is recorded in the minutes; they should also be able to follow and take part in the debate in real time. In this case, the meeting is deemed to be held where the Chairman and Secretary are located. For meetings to be valid, at least two members of the Committee have to be present. Resolutions are passed by a majority of those voting, but without prejudice to the fact that contrary votes or abstentions have to be explained. The opinion expressed by the Committee is in favour of a transaction providing it agrees with every aspect of it. Any opinion subject to certain conditions or observations is to be considered favourable if the conditions or observations are accepted by the decision-making body. The Committee expressed 9 opinions during 2014, all of which were minuted, and held the same number of meetings during the period. On 29 July 2014 the Committee met with the Board of Statutory Auditors of the Bank to discuss matters of mutual interest. The meeting was attended by the Chairman of the Board of Statutory Auditors and all Statutory Auditors. 128

129 In the absence of specific internal or external regulatory requirements, the Board of Directors of the Bank has not assigned any additional duties to this Committee. 129

130 11 Strategy Committee The Board of Directors established the Strategy Committee in January Composition and functioning of the Strategy Committee (art. 123-bis, paragraph 2 letter d), Legislative Decree 58/98) The rules of formation and functioning of the Strategy Committee are contained in specific "Rules" approved by the Board of Directors of the Bank. The Committee consists of six directors appointed by the Board of Directors, including the Chairman of the Board and, if appointed, the Chief Executive Officer. The members of the Committee are appointed by the Board of Directors and their term of office expires when they cease to be a member of the Board of Directors. Early termination of the Board of Directors, for whatever reason, leads to revocation of the Committee. The Chairman of the Committee is appointed by the Board of Directors from among the elected members of the Committee. In the event of his absence or disability, he is to be replaced in all his powers by the most senior elected member. On the Chairman's proposal, the Committee appoints a Secretary, who need not be one of its members. The Secretary holds office for a period established by the Committee at the time of his appointment. The Chairman convenes the Committee, sets the agenda, chairs the meetings, prepares the work, and directs, coordinates and moderates discussions. He also represents the Committee at meetings of the Board of Directors, signs deeds to be submitted to the Board of Directors on the Committee's behalf. Within the areas of competence of the Committee, the Chairman may have dealings with all parties that seem appropriate for the Committee to perform its duties in the best way possible, such as, for example, institutional investors, particularly foundations, collective investment and asset management companies, pension funds, as well as investment firms, insurance companies and banks, as well as advisors. The Committee meets, on the convocation of its Chairman, at least once every two months and, in any case, whenever necessary to resolve on matters within its mandate. The Strategy Committee is composed of the following six members: Giuseppe Lusignani; (Chairman - independent), Ettore Caselli (Chairman Board of Directors), Alberto Marri (Deputy Chairman Board of Directors), Giosuè Boldrini (Deputy Chairman Board of Directors), Luigi Odorici (Deputy Chairman Board of Directors) and Alessandro Vandelli (Chief Executive Officer). The appointed Secretary is the Deputy General Manager Gian Enrico Venturini. During 2014, the Committee has met nine times and each meeting has lasted an average of approximately an hour and a half. Since the beginning of the current year to the date of approval of this report by the Board of Directors, the Committee has already met three times. Otherwise, meetings of the Committee are valid if attended by a majority of its current members. Resolutions are adopted by an absolute majority of the votes of the members attending the meeting. In the event of a tie, the Committee's Chairman has a casting vote. Every meeting of the Committee is recorded in minutes that are signed by the Committee's Chairman and Secretary and kept in the Committee's Minute Book. The Chairman can invite to Committee meetings other members of the Board of Directors or other persons whose presence may help better performance of the Committee's functions. On the invitation of the Committee's Chairman, these meetings have from time to time, depending on the matters being discussed, been attended not only by the Committee members, but also by the Chief Financial Officer. 130

131 The General Manager takes part in meetings of all Board committees. As things stand, the Committee has no independent access to financial resources Functions of the Strategy Committee The Strategy Committee assists the Board of Directors, and - when required - the Chief Executive Officer, by performing the following investigative, advisory and propositive functions: it prepares and submits to the Board of Directors opinions and proposals regarding the general planning and strategic guidelines of the Bank and the Group; it prepares and submits to the Board of Directors opinions and proposals on strategic transactions and, in particular, with respect to: o o o o increases in share capital, issuance of convertible bonds or bonds cum warrant, mergers, demergers and other matters involving changes in the articles of association; trade, collaboration, joint venture and shareholder agreements of a strategic nature, including combinations or alliances with other national or international entities or groups; purchases or sales by the Bank and subsidiaries with controlling stakes in companies, if the value of the transaction is more than 5 million; purchases or sales by the Bank and subsidiaries of companies, business units, identifiable assets and legal relationships en bloc, also under art. 58 of the Legislative Decree 385/93, if the value of the transaction is more than 5 million; it supports the Board of Directors and, if appointed, the Chief Executive Officer in connection with proposals relating to the Bank and Group's business plans, financial plans and budgets; it supports the Board of Directors in determining the present and future level of total internal capital and total capital in line with long-term plans and annual budgets to monitor capital adequacy at Group level; it supports the Board of Directors and, if appointed, the Chief Executive Officer in relation to other matters that have been submitted to it. The Committee reports periodically to the Board of Directors on its activity. The Committee has a right of access to the information and corporate functions that it needs to perform its duties. In particular, the Committee has access to all documentation relating to the business and financial plans, budgets and strategic transactions subject to approval and/or authorisation of the Board of Directors. 131

132 12 System of internal control and risk management On 24 June 2014, the Board of Directors of the Bank (and, subsequently, the boards of Group companies) approved the update of the Group Guidelines Internal Control System, which sets out the principles for developing the Group's system of internal controls, the roles of the control bodies and functions involved, the methods of coordination and collaboration, and the flows of information both between functions and between them and the corporate bodies of the Bank and Group companies. Within the BPER Group, the System of internal controls is established on three levels: the Group internal control system ; the Internal control system of the company ; the Internal control system of the Group. "Group internal control system" means the set of rules, functions, structures, resources, processes and procedures that enable the parent company to carry out: strategic control of the business performance of Group companies and of their policies of acquisition and disposal; management control designed to ensure that the economic, financial and capital equilibrium of the individual companies and of the Group as a whole is maintained; technical and operational control aimed at assessing the various risk profiles brought to the Group by the individual subsidiaries and the Group's overall risk. "Internal control system of the company" (and, therefore, specific to each company of the Group, including the Parent Company) means the set of rules, functions, structures, resources, processes and procedures ("structure of the internal control system") designed to ensure that "behaviour" is aligned with set standards ("functioning of the internal control system"). "Internal control system of the Group" means the combination of the various "Internal control systems of companies" and the "Group internal control system. The Parent Company provides the Group with an internal control system that permits effective control over the strategic choices of the Group as a whole, and balanced management of the individual components. In particular, the Parent Company is responsible for the governance, design and implementation of the "Group internal control system". The Internal control system of the BPER Group is designed to take account of the business specifics of each Group company and comply with the principles established by the Supervisory Authorities, being: proportionality in the application of rules according to size and operations; graduality in progressively transferring to more advanced methodologies and processes for measuring risk and the capital that is available as a result; unity in the definition of the approaches used by the various functions foreseen in the Group's organisational system; economy: containment of costs for intermediaries. In this context, the following control functions have been identified within the levels envisaged by the New Prudential Supervisory Instructions for Banks: Third-level controls: o Internal Audit function; Second-level controls "risk and compliance controls": o o o o Anti-Money Laundering; Compliance; Risk control (including the credit control structure); Ratification. 132

133 First-level line controls, o Line controls (designed to ensure that operations are carried out properly, carried out by the operating teams concerned, included in the related procedures or performed as part of backoffice activities). The teams responsible for the second and third level control functions are independent; in particular, they are separate from each other and organisationally different to those involved in the acceptance of risk. The internal control system of the Parent Company includes: the Supervisory Board as per D.Lgs. 231/2001; the Manager responsible for preparing the Company's financial reports (art. 154-bis of Legislative Decree 58/98); The Control and Risk Committee. In application of the principles described and as a general rule, the internal control system of the Group envisages outsourcing to the Parent Company the second and third-level control functions of the Italian Group companies; however, as required by the regulations, the latter still remain responsible for their performance. As regards Group Companies based abroad, this centralised model is partially waived in consideration of the complexity and delicacy of operations run in a different regulatory environment. In this case, it is possible to activate organisational models that enhance the specific nature of the context in which these companies operate, for each control function required by local regulations, as requested by the Supervisory Authority or by the Parent Company. As far as the Italian Group Banks are concerned, on the other hand, this centralisation through outsourcing to the Parent Company has been gradually reduced; in particular, following the absorption of 3 banking subsidiaries (Banca della Campania, Banca popolare del Mezzogiorno and Banca popolare di Ravenna) pursuant to the business plan and centralisation within the Parent Company (from July 2014) of the Inspectorate functions of Banco di Sardegna and Banca di Sassari, in order to strengthen the current control model, the only exception at 31 December 2014 is Cassa di Risparmio di Bra S.p.A. This bank will adopt the control model within the time frames established by the Parent Company. Group companies are responsible for ensuring that operations are carried out properly, in particular by performing the necessary line controls. As regards risk governance, the BPER Group identifies the Risk Appetite Framework (RAF) as a framework tool for overseeing the risk profile that the Group intends to take in the implementation of its business strategies, considering it as an essential element to ensure that the risk governance policy and process by which risks are handled comply with the principles of sound and prudent business management. The key principles of the RAF are formalised and approved by the Parent Company, which periodically reviews them, ensuring that they are in line with the strategic guidelines, business model and regulatory requirements in force at the time. Through a coordinated and representative system of metrics, the RAF formalises the risk objectives (or "risk appetite"), any tolerance thresholds ("risk tolerance") and the operating limits in both normal and adverse (or "stressed") conditions, that the Group intends to comply with in pursuing its strategies, defining levels consistent with the maximum risk that they are able to assume (its so-called "risk capacity). In order to ensure effective and pervasive transmission of the risk objectives, the Group sets its overall risk appetite, establishing risk limits in a structured framework consistent with the policies of governance and control of individual risks. Lastly, the Group periodically monitors the overall RAF metrics, in order to control on a timely basis any overruns of the tolerance thresholds and/or risk limits assigned and, if appropriate, handle the necessary communications to the Corporate Bodies and subsequent remedies. In line with the RAF, for each risk identified as significant, the Board of Directors of the Parent Company sets, with a special "governance policy : the risk objectives; the related risk exposure and operational limits; 133

134 the "process of risk assumption"; the "risk management process". The "process of risk assumption" is the series of activities during which decisions have to be taken that affect the level of exposure to risks for the Bank. The "risk management process" indicates the series of rules, procedures and resources to identify, measure or assess, monitor, mitigate and communicate risks at appropriate levels. Having heard the Board of Statutory Auditors and the Control and Risk Committee, and informed the Chief Executive Officer, the Board of Directors of the Bank approved the annual audit plan of the Group's Internal Audit function. The function responsible for providing support in assessing the effectiveness of the overall internal control system, company-wide, is the Group Internal Audit Department Financial reporting process - risk management and internal control systems (as per art. 123-bis, paragraph 2, letter b) of Legislative Decree 58/98) We illustrate below the "main characteristics of risk management and internal control systems in relation to the financial reporting process", according to art. 123-bis, paragraph 2, letter b) of Legislative Decree 58/98. The Guidelines of the internal control system of the Group assigns to the Manager in charge the task of handling the design, implementation and maintenance of the "Financial Reporting Control Model" to be applied to the Parent Company and, with reference to the procedures for the preparation of consolidated financial statements, to the companies falling within the scope of consolidation. The Financial Reporting Control Model is a set of requirements to be met for proper management and control over the risk of unintentional errors and fraud in financial reports and consists of the following documents: Policy for managing the risk of unintentional errors and fraud in financial reports; The regulations governing the Manager Responsible and the Group Financial Reporting Monitoring and Control Office; Regulation of the Manager responsible for preparing the Company's financial reports and the Financial Reporting Monitoring and Control Office of Banco di Sardegna; Regulation of the Contact Person of the Manager responsible for preparing the Company's financial reports; Group procedure for managing the Financial Reporting Control Model; Group manual for managing the Financial Reporting Control Model; Group procedure for the Contact Person of the Manager responsible for preparing the Company's financial reports; Group Manual for the Contact Person of the Manager responsible for preparing the Company's financial reports. The Policy for managing the risk of unintentional errors and fraud in financial reports approved by the Parent Company's Board of Directors, based on the Guidelines for the Group's Internal Control System", established the roles and responsibilities of the Bodies and Organisational Units involved in the management of financial reporting risks. This process is regulated by the Group procedure and manual for managing the Financial Reporting Control Model. In this regard, the basis for the acceptance and control of the risks covered by the Policy and the related methodologies are described in the Process for managing the risk of unintentional errors and fraud in financial disclosures. The activities designed to identify, accept and control the risks relating to financial disclosures are referred to internally as the management process, which comprises the following phases: 1. identification; 134

135 2. assumption; 3. supervision. This phase includes analysis of the sources of risk, classification of the types of risk affecting financial disclosures, and identification of the specific areas of the business where such risks may arise. In this regard, the following categories of risk have been identified: risk of unintentional error: the risk of material errors in the financial statements due to unintentional actions or omissions deriving from inadequate or dysfunctional procedures, human resources or internal systems, or from external events; risk of fraud: the risk of material errors in the financial statements made intentionally in order to obtain an unfair or illegal advantage as a consequence of false financial disclosures; the risk of fraud includes the "risk of misappropriation of goods and assets. At this stage of the process we also defined the specific term "Administrative and Accounting" (as per art. 154-bis Legislative Decree 58/98), linking it to specific business processes. Based on this definition and taking into account the types of risk exposure mentioned previously, the risk of unintentional error and fraud in financial reports can be generated by "administrative and accounting processes only to a limited extent. This phase includes establishing the objectives for financial reporting and the associated thresholds of acceptance and tolerance of the risks relating to financial disclosures. In this regard, the acceptance of risk includes: Design and development of administrative and accounting processes. Corporate decisions about the design and implementation of administrative-accounting processes, with particular reference to the design of line controls; in terms of these controls, particular attention is paid to the following aspects: o o clear allocation of responsibility for the performance of the line controls (whether IT or manual) that are an integral part of the administrative and accounting process; design of line controls to take full account of the individual risks of incorrect or false disclosure that may arise. Risk appetite. Assessment of the level of materiality of the risk of unintentional errors and fraud in financial reports ; in this respect, the Manager in charge establishes the criteria by which to identify: a) material companies among those included in the scope of consolidation; b) material financial statement items; c) material accounting schedules; d) thresholds of tolerance of risk related to the assessment of the adequacy and effective implementation of administrative and accounting procedures. Implementing point a) to identify the Companies falling within the scope of consolidation to which the "Financial Reporting Control Model is to be applied. To ensure traceability of the controls in place over financial reporting and compliance with art. 123-bis, the organisational units of the companies whose IT systems are aligned use a special application to certify the checks carried out on material accounting balances: these balances are identified by implementing points b) and c). Identification of the thresholds referred to in point d) makes it possible to establish what actions the Manager in charge should take, and for what purposes, depending on the ratings level reached. This phase encompasses the assessment, monitoring/control and reporting on risks relating to financial reports. Measurement of risk The assessment model developed internally (known as the Control Risk Self Assessment or CRSA) is designed to give each administrative and accounting process a separate assessment of: o process adequacy. The aim is to analyse the organisational variables of a process which, 135

136 o o should it develop weaknesses, could generate potential risk events to the process in question; riskiness of the process. The aim is to achieve a detection and assessment of the risks involved in each process, considering the structure and functioning of the system of line controls and the organisational requirements of each process; adequacy of the structure of line controls. The aim is to assess the adequacy of the structure of line controls for the process in question to mitigate the occurrence and/or impact of the events identified in the analysis of riskiness. The following organisational variables have been identified: o o o People: i.e. the human resources assigned to the process; Process: i.e. the rules by which the various activities involved in a process are organised; System: i.e. information inputs to the process. These assessments are reached by means of a self-assessment on the part of those in charge of the process. Monitoring and control In general, the monitoring and control of the risk of unintentional errors and fraud in financial disclosures involves supervision of the following areas: o o the generation, recording, processing and presentation of accounts, material information and the related entries included in the separate and consolidated financial statements; administrative-accounting activities that generate the risk of fraud in financial disclosures. These activities involve : o o o carrying out checks on the administrative and accounting processes of the Parent Company, including those that are outsourced and, with reference to the procedures for the preparation of the consolidated financial statements, those of the Companies included in the scope of consolidation (for the purposes of the financial statements reporting package); carrying out checks on the supervisory reporting processes, on both an individual and consolidated basis 4 ; carrying out checks that the accounts have been squared for those companies that are aligned for IT purposes. 5 Particular attention is given to IT activities and to any contracts for the outsourcing of specific administrative-accounting processes. In order to ensure that the administrative and accounting procedures are applied effectively within the Group, in line with the "Financial Reporting Control Model", a system of "chain certifications" has been introduced with the support of appropriate financial reporting questionnaires, which have to be filled in by the Delegated Body (CEO) and by the Contact Person of the Manager Responsible of any company falling within the scope of consolidation; this certificate and the questionnaire are submitted for approval by the respective Boards of Directors at the meeting to approve the draft financial statements and immediately forwarded to the Parent Company, which has to acquire all of this documentation prior to the meeting of its own Board of Directors to approve the financial statements for the period (at 31/12 or 30/06). Reporting Reporting activities include the preparation of: o internal "management" information about the risk of unintentional errors and fraud in financial 4 This includes checks on the preparation of the "supervisory reporting package": processes for receiving, compiling and transmitting information that the Parent Company uses in preparing supervisory reports on a consolidated basis. 5 In order to provide support for the Manager Responsible with tools to ensure the traceability of the controls performed on financial reporting, methods of certifying the checks carried out were implemented by the various organisational units on the account cards considered material on the basis of qualitative parameters (e.g. items requiring valuation) and quantitative parameters (e.g. materiality of an account balance). 136

137 disclosures ; o other disclosures required by art. 154-bis of Legislative Decree 58/98. Responsibility for managing the risk of unintentional errors and fraud in financial disclosures is principally assigned to the Manager responsible for preparing the Company's financial reports, as well as to the various corporate bodies. This allocation takes account of the regulations that assign specific responsibilities to the above Officer. In order to carry out his mission, the Manager responsible for preparing the Company's financial reports makes use of the work of the Office for the monitoring and control of financial information, within the Parent Company, which reports hierarchically to him. The above mentioned Office carries out the tasks related to the Process for managing the risk of unintentional errors and fraud in financial disclosures". Every six months, the Group's Financial Reporting Monitoring and Control Office carries out a risk assessment based on an analysis of the results of its activities; this assessment involves two distinct activities: an overall assessment of the adequacy of the administrative and accounting procedures; an overall assessment of the effective application of the administrative and accounting procedures. The outcome of this assessment is a summary qualitative judgement on the validity and effectiveness of the administrative and accounting internal control system. As part of the process of managing non-compliance risk, the office responsible for the monitoring and control of the Group's financial information has been identified as the Specialist for monitoring all reports made for supervisory purposes, in addition to the established task of monitoring international accounting standards; that office has established a dedicated Regulations and Financial Information section for this purpose. This section is responsible for ensuring the proper management of non-compliance risk in the assigned regulatory area, adopting the methodologies, tools and reports established by the Group's compliance function and accepting assistance from that function as necessary, which remains jointly responsible for managing the non-compliance risk regarding the above regulations. Before issuing the certificates under art. 154-bis of Legislative Decree 58/98 to be attached to the separate financial statements, the consolidated financial statements and the condensed consolidated interim financial statements, a specific report has to be prepared by the Manager Responsible, with the assistance of the Group's Financial Reporting Monitoring and Control Office, based on the results of their activities during the period. This report is submitted in advance to the Control and Risk Committee and then to the Board of Statutory Auditors and the Board of Directors in accordance with art. 154-bis, paragraph 4 of the Legislative Decree 58/ Director responsible for the system of internal control and risk management The Parent Company's Board of Directors gives the CEO adequate powers and resources to implement the strategic guidelines, the RAF and risk governance policies defined by the Board of Directors of the Parent Company in the design of the internal control system and is responsible for taking all the necessary steps to ensure that the organisation and its internal control system comply with the principles and requirements laid down in regulatory provisions, monitoring compliance on an ongoing basis. The Chief Executive Officer in implementing the guidelines established by the Board of Directors, among other things: ensures that the responsibilities and duties of the various corporate structures and functions involved in risk assumption and management processes are clearly assigned and potential conflicts of interest are avoided; ensures that the activities carried out by the functions and structures involved in the internal control system are carried out by qualified personnel with an adequate degree of independence of judgment and with adequate experience and knowledge for the tasks to be performed; defines internal information flow mechanisms to ensure that the Corporate Bodies and control 137

138 functions are fully aware of the various risk factors and have the ability to govern them and the assessment of compliance with RAF. carries out any initiatives and interventions needed to ensure the overall reliability of the internal control system on an ongoing basis. In performing his duties, the Chief Executive Officer has the power to require audits or investigations to be carried out, also with regard to specific irregularities, in the same way as other corporate bodies of the Parent Company and/or Group companies. The main reports produced by the control functions and by the Manager Responsible are brought to the attention of the Control and Risk Committee and the Board of Directors. Lastly, the Board of Directors appoints and dismisses the heads of the corporate control functions and the manager responsible, after consultation with the Control and Risk Committee, Nominations and Remuneration Committee, the Board of Statutory Auditors and the Chief Executive Officer Head of Internal Audit Banca popolare dell Emilia Romagna as a licensed bank and as a group Parent Company has set up a Group Internal Audit Department, which is responsible for assisting the Board of Directors in evaluating the effectiveness of the overall system of internal controls. On 2 April 2012, the Board of Directors appointed Andrea Tassi as Head of the Group Internal Audit Department on the recommendation of the CEO. After hearing the opinion of the Nominations and Compensation Committee and of the CEO, the Board of Directors decided on the remuneration of the Head of Internal Audit in line with company policy. The Head of Internal Audit is not responsible for any operational area and reports directly to the Board of Directors through the Chairman of the Board. The Head of Internal Audit verifies the operability and suitability of the internal control and risk management system, either continuously or in relation to specific needs identified by the Internal Audit Department, reported by other functions of the Bank or indicated by the Company's strategic supervision, management or control bodies and reports to the Corporate Bodies. This is in line with the instructions and specifications provided by the Supervisory Authorities. The Audit Plan, prepared specifically for this purpose, is approved by the Board of Directors to which the Head of Internal Audit reports every six months. This plan is based above all on an analysis of the regulatory obligations imposed on the Bank and takes into account the riskiness of each activity according to the procedures currently in force at the Bank. The Plan includes a specific section dedicated to audits of the ICT environment. The Internal Audit Department carries out its control activities in line with the Audit Plan, both as a function of the Parent Company as part of its policy, coordination and control activities, and as the performer of thirdlevel controls outsourced to it by banks and companies of the BPER Group. The Head of Internal Audit has powers of access to all of the information that he needs to carry out his duties. The Head of Internal Audit reports regularly on its activities to the Board of Directors, Board of Statutory Auditors, the Control and Risk Committee and Top Management of the Parent Company. A summary report on the internal auditing activity, including checks on the reliability of the information systems, is submitted to the Board of Directors every six months. In addition, timely reports are made to the relevant Bodies and Corporate Structures about events of particular significance. The adequacy of the financial resources needed for the Internal Audit Department to perform their duties has to be assessed by the Bank at least once a year at the time the budget is being prepared and submitted for 6 See Group guidelines Internal Control System:, para. 5.1 The Chief Executive Officer only intervenes for the appointment of the heads of Internal Audit, Compliance and Risk Control, as indicated by the Regulation of the Bank of Italy and of CONSOB Title III, art. 12, para. b). 138

139 approval by the pertinent corporate bodies. In 2014, a specific budget was allocated to the Manager of the Internal Audit function. Internal Audit carried out numerous audits of both the Parent Company and Group companies during While a much wider range of activities was performed, the main areas of intervention were as follows: credit processes, internal rating system, anti-money laundering system, investment services, remuneration policies, monitoring and management of liquidity risk, the process of issuing covered bonds, the outsourcing of cash handling; the capital adequacy assessment process, operational continuity, ICT processes and evaluation of the overall system of internal control. The Group's Inspectorate and the Inspectorate of Banco di Sardegna, which forms part of the Internal Audit Department, have carried out checks on the Branches (general, sector, specific and MiFID checks) and on the Central Offices, also on a remote basis, in accordance with the instructions issued by the Parent Company. BPER's Internal Audit function is an internal structure of the Bank and is not outsourced to a third party (inside or outside the Group). 139

140 13 Organisation model (Decree 231/2001) The Bank has adopted an Organisation, Management and Control Model pursuant to Legislative Decree 231/01 to prevent the commission or attempted commission of the offences envisaged in this Decree that are relevant to the business carried on by the Bank. In particular, the Organisation, Management and Control Model comprises two parts, one general and the other specific, together with a number of attachments. The documents concerned are summarised below, with a short description of their contents. Organisation and Management Model - General Part: this describes the components of the Model, with particular reference to the composition, duties and role of the Supervisory Board, the training of personnel, and the recipients and scope of application of the Code of Ethics and the Disciplinary System; Text of Legislative Decree 231/01 and Law 146/06: text of Legislative Decree 231 of 8 June 2001 and Law 146 of 16 March 2006; Code of Ethics specifies the rights, duties and responsibilities of the Bank with respect to all parties with which it has relations; Organisation chart: diagram of the entire organisational structure of the Bank; Function organisation chart : indicates the Organisational Units/Functions of the Bank, as well as the duties performed by them; Internal control guidelines: defines the principles for managing the BPER Group's system of internal controls, as well as the roles of those bodies and functions that are part of the system; Regulation of the Supervisory Board: governs the functioning of the Supervisory Board; Reporting procedure: identifies the form used to report violations of the Organisation and Management Model pursuant to Legislative Decree 231/01; Disciplinary System: identifies the disciplinary penalties applicable in the event of failure to comply with the procedures and instructions stated or referred to in the general and special parts of the Model, as well as in the attachments and the Code of Ethics, to the extent significant for the purposes of Legislative Decree 231/01; Special Part: This analyses in detail the offences envisaged in Legislative Decree 231/01; for this purpose, the law is presented together with an explanation and examples of ways in which the offences might be committed in a banking situation. For each case, sensitive activities exposed to the risk of committing the offence are indicated together with the organisational units involved. The special part also presents the protocols for preventing the commitment of offences. The prevention protocols indicated for each offence are assigned unequivocably to each organisational unit, which is responsible for identifying, designing, maintaining and complying with them; Map of offences: this sets out the text of the relevant regulations pursuant to Legislative Decree 231/01, explains the regulations and gives examples of the ways in which each offence might be committed in a banking context; Compliance Policy - Market Abuse: describes the behavioural model governing "Internal Dealing", the classification of information as "privileged information" and the process of communicating it to the market, as well as monitoring it and, if necessary, reporting to Consob any transactions suspected of abusing privileged information or manipulating the market; BPERservices protocols: describes the sensitive activities and prevention protocols strictly linked with the outsourcing activities that BPERservices performs for the Parent Company and other consortium members. The Model is designed to prevent the following types of offence that are significant pursuant to Legislative Decree 231/01: - Offences committed in relations with the public administration: (arts. 24 and 25 of Legislative Decree 140

141 231/01); - IT offences and improper processing of data (art. 24-bis of Legislative Decree 231/01); - Organised crime (art. 24-ter of Legislative Decree 231/01); - Counterfeiting coins, notes, duty-paid stamps, identity documents or similar (art. 25-bis of Legislative Decree 231/01); - Crimes against industry and commerce (art. 25-bis1 of Legislative Decree 231/01); - Corporate and bank crimes (art. 25-ter of Legislative Decree 231/01); - Crimes of terrorism or the subversion of democratic order envisaged by the criminal code and special laws (art. 25-quater of Legislative Decree 231/01); - Mutilation of female genital organs (art. 25-quater1 of Legislative Decree 231/01); - Crimes against individual personality (art. 25-quinquies of Legislative Decree 231/01); - Market abuse (art. 25-sexies of Legislative Decree 231/01); - Crimes of manslaughter and serious or very serious injury due to negligence, committed in violation of the accident prevention regulations and laws protecting health and safety at work (art. 25-septies of Legislative Decree 231/01); - Receiving, recycling, using money, assets or benefits obtained from illegal sources (art. 25-octies of Legislative Decree 231/01); - Violation of authorship rights (art. 25-novies of Legislative Decree 231/01); - Inducement not to make or to make misleading statements to the judicial authorities (art. 25-decies of Legislative Decree 231/01); - Transnational crimes (arts. 3 and 10 of Law 146/06); - Environmental crimes (art. 25-undecies of Legislative Decree 231/01); - Employment of foreign citizens with improper residence status (art. 25-duodecies of Legislative Decree 231/01). To this end the Bank has established its own Supervisory and Control Body comprising five members, including two independent Directors, two employees of the Bank (Internal Audit Manager and Compliance Manager) with specific legal knowledge and an external person with suitable skills in this area. The Bank has assessed that this composition meets the needs expressed in Legislative Decree 231/01, thanks to the presence of members with a high level of legal training and adequate preparation in the field of risk assessment; it has therefore been decided, for the time being, not to entrust the functions of the Supervisory Body to the Board of Statutory Auditors, as permitted by art. 6-bis, paragraph 4 of Legislative Decree 231/01. The Supervisory and Control Body held 8 meetings during 2014, and met once in 2015 prior to the approval of this Report. It reports on its activities every six months to the Board of Statutory Auditors and the Control and Risk Committee. Consistent with the relevant regulations, this Body monitors the functioning of and compliance with the Organisation and Management Model adopted by: detecting any changes in the "risk map"; checking compliance with the procedures in relation to activities already identified as "at risk"; activating and/or performing internal investigations in coordination with the control functions; planning training for personnel with regard to changes in the jurisprudence or legislation that might affect the crimes envisaged in Decree 231/01; requesting the identification of suitable procedures to cover new types of activity that may be defined as "at risk"; requesting updates to existing procedures, if the business could be materially affected by changes in the risks included in the scope; 141

142 reporting proven infringements of the instructions; coordinating activities by the Parent Company of the Supervisory Bodies of subsidiaries, fostering an exchange of information, knowledge or methodologies; getting Group Banks to adopt the regulatory documents that constitute the Organisational and Management Model, subject to limited and necessary adjustments. The Supervisory Body reports immediately to the Board of Directors in case of necessity and every six months to the Board of Directors, the Board of Statutory Auditors and the Control and Risk Committee on its activities and, in particular, on the functioning and observance of the Model of Organisation and Management pursuant to Legislative Decree 231/01. The Supervisory Body is also kept informed by means of specific reports received according to established procedures from those required to comply with the Model or from third parties about any events that could give rise to responsibilities under Decree 231/01. Each of the banking subsidiaries has its own Organisation and Management Model pursuant to Legislative Decree 231/01, which was established applying the methodologies used by the Parent Company; the Model adopted by BPER Services S.c.p.a. is currently being implemented and strengthened. The banking subsidiaries and BPER Services S.c.p.a. each have their own Supervisory Body, comprising three members. Please refer to the footer on the Bank's website on the "Legislative Decree no. 231/01" page, where part of the Model of Organisation and Management adopted by the Bank is available, along with other documentation on this topic. 142

143 14 Audit firm On 10 May 2008, the Ordinary Shareholders' Meeting of the Bank resolved to engage PricewaterhouseCoopers S.p.A. for a period of 9 years (that is until the approval of the financial statements at 31/12/2016) to audit the annual and half-yearly separate and consolidated financial statements. PricewaterhouseCoopers S.p.A., formed on 31 December 1999 with registered offices at Via Monte Rosa 91, Milan, is recorded on the Milan Companies Register with number , same tax code, and on CONSOB's special register of auditing firms (art. 161 of Legislative Decree 58/98). The Independent Auditors hold discussions with the Manager Responsible (for preparing the Company's financial reports), with a view to constant dialogue and an exchange of information about the evaluation of the administrative-accounting procedures and the Control Model for Financial Disclosures", as well as with the corporate bodies, board committees and shareholders in accordance with current regulations. 143

144 15 Manager responsible for preparing the company's financial reports and Managers in charge of control functions The BPER Group s Manager responsible for preparing the Company s financial reports is Emilio Annovi, manager of the Group Administration and Reporting Department, and a Central Manager. The mission of the Manager responsible for preparing the Company's financial reports, who reports directly to the Chief Executive Officer, is to: for the Parent Company: o o ensure the reliability of the financial information disclosed in the separate financial statements; ensure that the Bank's reports to the supervisory authorities are based on data drawn from its accounting and information systems; for the Group: o ensure the reliability of the financial information disclosed in the consolidated financial statements; o ensure that the Bank s consolidated reports to the supervisory authorities are based on data drawn from its accounting and information systems, as well those provided by the companies and entities encompassed by the consolidated reports. In order to carry out his mission, the Manager responsible for preparing the Company's financial reports makes use of the work of the Office for the monitoring and control of financial information. In view of the acceleration of changes in the economy, the complexity of operations and recent regulatory developments in matters of internal control and financial reporting (for both accounting and regulatory purposes), which are giving the Manager Responsible more and more responsibility for the reliability of financial reports, from 2013, in addition to the system already implemented, a certification is requested from each of the companies included in the scope of consolidation. This will form an integral part of the Financial Reporting Control Model, so as to provide the Manager Responsible confirmation of the completeness, authenticity and reliability of the figures submitted for the preparation of the consolidated financial statements and to provide any other useful information on which to express their opinion (e.g. an assessment of the risk of fraud). This certification, which is made on company letterhead and signed by the Chairman of the Board of Directors, by the Delegated Body (CEO) and by the Contact Person of the Manager Responsible 7 of each company falling within the scope of consolidation, has to carry the same date as the meeting of the Company's Board of Directors called to approve the annual financial statements at 31 December or the interim financial report at 30 June. As a listed issuer with Italy as its member state of origin, Banco di Sardegna SpA has also appointed a Manager responsible for preparing the Company's financial reports pursuant to art. 154 bis of Legislative Decree 58 of 24 February 1998, who functionally reports to the Parent Company's Manager Responsible as regards methodologies, tools, processes and reporting for the purpose of preparing and certifying the adequacy and effective application of the administrative and accounting procedures. Art. 51 of the articles of association establishes that the Board of Directors, having heard the required opinion of the Board of Statutory Auditors, shall appoint a person in charge of preparing the corporate accounting documents, allocating him suitable powers and resources for the performance of the assigned tasks pursuant to legal requirements. Having received the opinion required from the Board of Statutory Auditors, the Board of Directors is also entitled to revoke the appointment of the Manager responsible for preparing the Company's financial reports. 7 Appointed by the Board of Directors of each company in the scope of consolidation, with the approval of the Manager Responsible of the Parent Company. The person coincides, as a rule, with the Company's Administration Manager, who performs the following tasks: information link", "representation" and "operational support", as stipulated in the Regulation of the Contact Person of the Manager responsible for preparing the Company's financial reports. 144

145 The Manager responsible for preparing the Company's financial reports is appointed from among the Bank's managers who have at least three years' management experience in the areas of administration and accounting. The Manager responsible for preparing the Company's financial reports: has access to all functions within the Bank in order to obtain data and information regarding the administrative-accounting processes, including the information needed to perform checks and/or evaluate the business processes that have been outsourced; is empowered to obtain internal information about events, risk indicators and proposed technicalorganisational changes to the administrative-accounting processes; in the context of the line controls over accounting reconciliations, identifies the appropriate Organisational Units within the Companies included within the scope of consolidation that are aligned at IT level, and assigns them responsibility for reconciling the accounts included in the chart of accounts used; is empowered to obtain from subsidiary companies the information/data required by art. 43 of Decree 127/1991, in order to prepare the consolidated financial statements, with specific reference to: o o o o the information needed for the consolidated financial statements; the adjustments necessary when different accounting policies are adopted; the loans, payables, revenues, costs, and intercompany profits and losses, to be eliminated on consolidation; the statistical information needed to prepare the explanatory notes. With regard to resources, the Manager responsible for preparing the Company's financial reports: may make use of specialist external and other resources, after a reasoned request to the Chief Executive Officer has been approved; if such resources belong to the Parent Company or a Group company, a specific request must also be made to the General Manager of the company concerned; maintains appropriate financial autonomy via the management of an expense budget for the activities associated with his functions. The following are the references of the other heads of corporate functions appointed by the Board of Directors, with duties that involve matters of internal control and risk management: Andrea Tassi, in charge of the Group Internal Audit Department from 2 April 2012; Michele Luciano Campanardi, Chief Risk Officer and head of the Group Risk Management Department from 1 July 2014; Michele Pisani, head of the Anti-Money Laundering Department since 25 August 2011; Raffaella Perfetti, head of the Group Compliance Unit, from 28 January 2014 as temporary replacement for Massimo Vescogni and nominated the 13 January 2015 as head of this unit. 145

146 16 Coordination of all those involved in the system of internal control and risk management In order to ensure proper interaction between all functions and the control bodies, avoiding duplications and gaps, the Board of Directors has approved Guidelines for the System of internal controls of the Group. These establish the tasks and responsibilities of the bodies and functions involved and, in order to assure the proper functioning of the system of internal controls, the methods of coordination and collaboration, and the information flows between the various corporate control functions. They also identify the Manager responsible for preparing financial reports and the corporate bodies of the Parent Company and the Group companies. Where control areas are subject to possible overlap, the control functions seek to pursue synergies and minimise their "impact" on routine business activity while adequately monitoring risk, without prejudice to the right of each control function to include specific checks in its plan of activities. In order to facilitate coordination and collaboration, the Internal Audit, Risk Control, Anti-money laundering, Compliance and Validation functions and the Manager responsible for preparing financial reports use the same: taxonomy of processes; taxonomy of risks; parameters for the assessment of control activities. Coordination and collaboration are sought in the following areas: planning/performance of control activities; exchange of results deriving from the assessment/measurement of risks and the adequacy of controls; use of the information contained in the plan of corrective actions; operational involvement of several control functions should critical events arise affecting the Group/company. To facilitate interaction between the control functions (within the company and outside), the BPER Group has established the Group Committee for the coordination of controls chaired by the Chief Executive Officer. Via the participation of the control functions and the Manager responsible for preparing financial reports, the Committee facilitates the formalisation of coordination. In particular, the functions describe their recent experiences and projects planned for the development of methodologies, parameters and supporting tools. The various forms of collaboration and coordination result in exchanges of information approved by the Board of Directors. The BPER Group recognises two types of information flow: vertical flows exchanged between the corporate bodies (including the Control and Risk Committee) and the corporate control functions and the Manager responsible for preparing financial reports; horizontal flows between the corporate control functions and the control functions. The flows exchanged with Group companies are transmitted via the contact persons for the individual control functions, whose tasks include gathering together all the flows intended for corporate bodies. 146

147 17 Directors' interests and related-party transactions and/or Associated Persons In accordance with the requirements of Consob's Related Parties Regulation and Bank of Italy Circular 263 dated 27 December 2006 (9th revision dated 12 December 2011 of the new Prudential Supervisory Instructions for Banks, Title V), Chapter 5: At-risk activities and conflicts of interest in relation to related parties, on 13 November 2012 the Board of Directors of the Bank - after obtaining prior favourable opinions from the Board of Statutory Auditors and the Related Parties Committee (active under a specific mandate until 30 December 2012) - approved the Group Regulation on Related Parties that took effect from 31 December Because of subsequent regulatory intervention in this area, including changes to art. 136 of the Legislative Decree 385/93 as per art. 24-ter of Law 221 of 17 December 2012, this document was subjected to specific revision on 12 November 2013, in compliance with the required formalities. The BPER Group has adopted this Regulation on transactions with related parties of the Group, which identifies for the entire Group: a) the criteria for the identification and classification of more and less material transactions; b) the exceptions and exemptions that Group entities will be able to claim, including the criteria for checking the existence or otherwise of significant interest on the part of other related parties or other associated persons; c) rules regarding the various stages in the investigation, negotiation, resolution and approval of transactions, distinguishing between those than are more or less material and clarifying, in particular, the ways in which the Committee of Independent Directors should get involved; d) the independence requirements of directors; e) the safeguards to be applied to transactions, if these give rise to losses, transfers to non-performing loans, and court or out-of-court settlements; f) the flow of information to be provided to the governing bodies; g) information to be provided to CONSOB and the market for transactions with related parties; h) the periodic financial disclosures to be made on transactions with related parties; i) periodic reporting to the Supervision body on risk activity in respect of associated persons; j) rules with regard to cases in which the Parent Company Banca Popolare dell Emilia Romagna reviews or approves the transactions of its Italian or foreign subsidiaries; k) the Parent Company's policy and coordination measures; l) suitable controls for the Italian non-banking companies and for the foreign banking and non-banking members of the Group. In support of this Regulation on transactions with related parties of the Group, specific provisions have been adopted to provide detailed instructions on how to manage operations in different procedural area. The handling of related-party transactions during 2014, therefore, took place according to the principles of conduct and rules governing related parties and associated persons. Moreover, as regards risk activities, the Bank has adopted the "Group regulations for the prudential monitoring of limits on risk activities with related parties", which detail the following processes: definition of the limits to risk activities with related parties; continuous monitoring of limits; managing situations where the limits have been exceeded, also governing the roles, responsibilities, tasks and coordination mechanisms of the Corporate Bodies and Top Management of the various functions at the Parent Company and at Group banks and companies. With reference to the procedures for authorisation and execution of transactions with related parties and/or 147

148 associated persons, the Group Regulations of the process of managing transactions with related parties and associated persons, in accordance with CONSOB regulations and the provisions of the Bank of Italy, distinguishes between material transactions and those involving minor amounts. The following are considered transactions involving minor amounts: all transactions with related parties and/or associated persons with amounts used for calculating the materiality indices - as specified by law - that are less than or equal to 500,000 euro (or 0.05% of the 8 capital for supervisory purposes) or the equivalent in another currency. The following are considered material transactions: all transactions that by law or the articles of association have to be decided by the Shareholders' Meeting or by the Board of Directors; all transactions that are not considered of minor amount. In any case, the Board of Directors has the right to decide whether it is opportune to consider material any transaction carried out by the Bank or its subsidiaries. Material transactions can be split into: more material transactions; less material transactions. The Bank considers as more material those transactions with related parties and/or associated persons with at least one of the following materiality indices, applicable depending on the specific transaction, that is higher than the threshold of 5%: a) Value materiality index: this is the ratio between value of the transaction and the capital for supervisory purposes taken from the latest consolidated balance sheet published by the Bank. b) Asset materiality index: this is the ratio between the total assets of the entity involved in the transaction and the total assets of the Bank. c) Liability materiality index: this is the ratio between the total liabilities of the entity acquired and the total assets of the Bank. More material transactions are approved by the Board of Directors, except where the law or the articles of association grants this power to the Shareholders' Meeting on the basis of a reasoned and favourable opinion of the Committee of Independent Directors, previously involved in the negotiation and investigation stages, by receiving an adequate flow of complete and timely information. The Bank considers as less material the related-party transactions where one of the above indices applied according to the type of transaction is equal to or below the threshold of 5% and the value is worth more than Euro 500,000. In the case of less material transactions, assuming that there are no grounds to apply one of the exemptions under the existing Group Regulation for transactions with related parties, the Independent Directors Committee has to assess the Bank's interest in carrying out the transaction, as well as the convenience and substantial fairness of the conditions, expressing a non-binding, reasoned opinion to the body that has to approve the transaction before it does so. If the Committee's opinion is negative, or conditional on certain observations, approval of the transaction falls within the exclusive jurisdiction of the Bank's Board of Directors; the resolution approving the transaction must provide detailed reasons why it should be authorised in any case, with a timely response to the observations made by the Committee; transactions that are approved despite the negative or conditioned opinion of the Committee are communicated individually to the Board of Statutory Auditors as soon as they have been approved. In line with the provisions of the CONSOB Related Parties Regulation and Bank of Italy Circular 263, the Bank has also identified the types of transactions for which there is a total or partial exemption from the procedural requirements of these two sets of rules. Procedural exceptions are not contemplated in the event of urgent transactions. These are transactions which: 8 Own Funds, not least pursuant to Circular 286 of 17 December st revision dated 1 April 2014, Instructions for prudential reporting by banks and stockbroking companies. 148

149 in relation to the remuneration of corporate officers, are of minor amount; are considered ordinary, i.e. transactions that form part of the Bank's ordinary operating activity and related financial activity, providing they are carried out at conditions that are equivalent to those of the market or standard; are carried out in accordance with art. 136 of the Legislative Decree 385/93; are carried out with or between subsidiary or associated companies, providing other related parties of the Bank do not have a significant interest in them; transactions to be carried out on the basis of instructions from the Supervisory Authorities The Group Regulation on Related Parties entitles the Board of Directors to adopt framework resolutions relating to a series of homogeneous transactions that are sufficiently well defined and with predetermined categories of Related Parties or individual Related Parties, lasting for periods of up to one year. The framework resolutions are subject to the opinion of the Committee on the basis of the estimated maximum amount of transactions to be performed. Transactions carried out within the ambit of a single framework resolution are authorised directly by the offices concerned in accordance with the system of mandates. The Bank identifies its related parties and associated persons in accordance with the Regulation, and with the above mentioned Circular issued by the Bank of Italy for correct application of the transparency procedures and requirements, based on declarations provided periodically by the corporate officers, as well as information from internal sources and any external providers. Corporate officers cooperate with the Bank to ensure that reporting is correct, complete and up-to-date; they provide the Bank with all of the information needed to check circumstances that modify the status of Related Parties on a timely basis. The Bank maintains an online register of related parties and/or associated persons, which it updates regularly. The Group Regulation on Related Parties, related information and communications are available on the Bank's website on the Related Parties page accessed from the footer. Also, timely identification of corporate officers and related/associated persons is left to specific procedures and the application currently in use. In addition to checking and updating the master file of the persons concerned, this application also manages transactions with parties mentioned above, in respect of the prescribed decision-making procedures and prudential limits on regulated risk activities; it also creates a historic file of transactions, including exempt ones, as well as the ex post extraction of all transactions that are material for periodic reporting to the corporate bodies and for supervisory reports to the Bank of Italy. The Bank has put in place the appropriate organisational and procedural controls to identify and appropriately manage situations in which a director has an interest on behalf of himself. As regards the approval of dossiers involving an officer of the Bank, which constitute an obligation of any kind, this is subject to the special requirements of art. 136 of the Legislative Decree 385/93 (as amended by Law 221 of 17 December 2012), i.e. a unanimous vote on the part of the Board of Directors and the favourable vote of all members of the Board of Statutory Auditors. In cases where a person who is relevant for the purposes of art. 136 Legislative Decree 385/93 also proves to be a related party and/or associated person, the special reinforced approval methods laid down in that provision are always understood as taking priority. In such cases, the Committee of Independent Directors has to receive a prior communication containing adequate information about the transaction in question, except in cases of exemption because of small amount of the transaction. Directors involved in such transactions have to communicate their involvement to the other Board members and then leave the meeting without voting. In transactions with related parties and/or associated persons who do not fall under art. 136 of the Legislative Decree 385/93, when the Board of Directors has to make decisions about transactions that involve a director is involved, he or she is invited to abstain from voting. 149

150 18 Appointment of Statutory Auditors The appointment and replacement of Statutory Auditors is governed by arts. 42, 43, 44 and 44-bis of the articles of association. Pursuant to these provisions, the Shareholders' Meeting appoints seven Statutory Auditors: five Serving Auditors, including the Chairman, and two Alternates. The Statutory Auditors remain in office for three years and their mandate expires on the date of the Meeting called to approve the financial statements for the last year of their appointment; they may be re-elected. The members of the Board of Statutory Auditors are elected from lists presented by the members in accordance with arts. 43 and 44 of the articles of association. In particular, the following requirements apply to the presentation of lists: the lists of candidates are split into two sections, one for the candidates for the position of Statutory Auditor and one for the candidates for the position of Alternate Auditor, have to have the same number of candidates as the number of Statutory Auditors that have to be elected. In each section, the candidates are listed with a progressive number; each section of the list must have a number of candidates of the less represented gender to ensure, within the same section, that the list complies with the gender balance at least to the minimum extent required by law, rounding up to the next unit in the event of a fractional number; Each list must be presented by at least 350 (three hundred and fifty) shareholders - or by shareholders who, individually or collectively, hold at least 0.50% of the share capital - that document in the prescribed manner their right to attend and vote at the Meeting; Each shareholder may only participate in the presentation of one list, in the event of non-compliance, its signature is ignored in relation to all lists; the lists of candidates, signed by the members presenting them, must be filed at the Company's registered offices within the terms and methods laid down in current regulations. They must be accompanied by all documents and statements required by law and in any case: (i) declarations from each candidate accepting their candidature and confirming, under their own responsibility, that there are no reasons for which they cannot be elected or other incompatibilities, and that they meet the requirements for appointment established by law or in these Articles of Association; (ii) a full description of the personal and professional characteristics of each candidate, with an indication of the directorships and audit appointments held in other companies; and (iii) information relating to the identity of the presenting members with an indication of the percentage of shares held, to be certified as required by law; The signature of each presenting member has to be authenticated by nominees of the Company, by the intermediaries authorised to keep accounts on which financial instruments are registered, or by notaries. It is worth recalling that art. 43, paragraph 5 of the articles of association makes reference to the terms and conditions required by law for the filing of lists at the registered office of the Company (at the date of this report, the list has to be deposited at least 25 days prior to the date of the Shareholders' Meeting at first calling). Under art. 148, paragraph 2 of Legislative Decree 58/98 and art. 144-sexies, paragraph 4-ter of the Issuers' Regulation, Members can use a remote means of communication to submit voting lists, in accordance with the rules laid down and communicated in the notice that convenes the Meeting. You are reminded, in particular, that according to art. 43 of the articles of association, lists that are presented without complying with the provisions of the Articles are excluded from the vote. The Articles state that if only one list is filed by the deadline or only lists presented by members who are associated with each other, the Company promptly publishes this information in the ways envisaged in current regulations. In this case, it is possible to present lists up to the third day subsequent to the above deadline and the required number of presenting shareholders is halved. None of this prejudices any other, different requirements under current regulations concerning the basis and timing for the presentation and publication of lists. 150

151 The lists are made public in the terms and manner prescribed by the regulations. All persons entitled to vote may only vote for one list. Each candidate may only be included on one list or, otherwise, will be ineligible for election. Candidates not meeting the requirements established by law and the articles of association cannot be elected or, if elected, their appointment will lapse. Any irregularities on the list that relate to individual candidates only entail the exclusion of the candidate(s) concerned. The Board of Statutory Auditors is elected in accordance with the provisions of art. 44 of the articles of association. If more than one list is validly presented, four Serving Statutory Auditors and one Alternate Statutory Auditor are taken from the list that obtained the highest number of votes, in the order that they are listed in each section. The Chairman and one Alternate Statutory Auditor are taken from the list that obtained the second highest number of votes, providing this list is not related, directly or indirectly, according to current legislation, with the members who presented or voted the list with the highest number of votes, in the order that they are listed in each section. In the event of a tie between lists, the Meeting holds a second ballot to establish how they are to be ranked. If, after voting has taken place, the minimum number of Statutory Auditors belonging to the less represented gender has not been elected, the Meeting has to exclude the elected candidate belonging to the overrepresented gender, who has the highest number on the list that obtained the highest number of votes, replacing that person with the non-elected candidate belonging to the less represented gender on the same list. If, even by applying this replacement mechanism, it is not possible to complete the minimum number of Statutory Auditors belonging to the less represented gender, the Meeting provides for the election of the missing Statutory Auditors by resolution passed by a relative majority on the proposal of the members present. In this case, the substitutions are made from the most voted list, and within the sections of the lists, from the candidates with the highest progressive number. If only one list is presented, all the Serving and Alternate Auditors are taken from that list. If no valid list is presented, the Meeting elects by a relative majority from among the individual candidates proposed by the members present. In the event of a tie between various candidates, the Meeting holds a second ballot to establish how they are to be ranked. The Meeting must take care to express the minimum number of Serving and Alternate Statutory Auditors belonging to the less represented gender. Application of the above provisions must in all cases result in at least one Serving Auditor and one Alternate Auditor being elected by minority shareholders who are not associated, directly or indirectly, with the shareholders that presented or voted for the list that obtained the highest number of votes. If, during the year, one or more Statutory Auditors are no longer available, they are to be replaced according to art. 44-bis of the articles of association. If the Chairman of the Board of Statutory Auditors ceases to serve, the Alternate Auditor taken from the same list as the former Chairman takes office until the number of auditors on the Board has been replenished pursuant to art of the Italian Civil Code. If a Serving Auditor is no longer available, the Alternate Statutory Auditor from the same list takes over. The new Serving Auditor remains in office until the next Shareholders' Meeting, which has to replenish the number of members of the Board of Statutory Auditors.. If the Meeting has to appoint replacement Serving and/or Alternate Auditors to the Board of Statutory Auditors, the procedure is as follows. If Auditors taken from the list that came first by number of votes must be replaced, the election takes place by a relative majority of the votes cast without any list restriction. If, on the other hand, the Auditors to be replaced were taken from the list that came second by number of votes and that is not associated, not even indirectly, with the shareholders that presented or voted for the list that came first, the Meeting replaces them by a relative majority of the votes cast choosing, where possible, from those candidates indicated on the same list as the Auditor to be replaced, who confirm their candidature 151

152 and file declarations at the registered offices of the Company confirming that there are no reasons for which they cannot be elected or other incompatibilities, and that they meet the established requirements for appointment, as well as an up-to-date indication of the directorships and audit appointments held in other companies, within the terms prescribed by current regulation. If it is not possible to proceed in this way, the Meeting appoints individual candidates by a relative majority of the votes cast without recourse to list voting. In any case, the Meeting has to appoint a replacement member of the less represented gender, where this is needed to restore the minimum number of Statutory Auditors belonging to this gender. Proposals of candidates by the Members follow the same terms and conditions as for the submission of lists for the election of the Board of Statutory Auditors. For more details please read art. 44-bis of the articles of association. The Statutory Auditors who took over from others fall from office at the same time as those in office (i.e. each one assumes the residual period of office of the person they replaced). Pursuant to art. 42 of the articles of association, the Chairman of the Board of Statutory Auditors must have at least five years' experience in the audit of companies in the banking, investment or financial sector. The Statutory Auditors must meet the standards of integrity, and professionalism required by current regulations for the exercise of their functions. They also have to meet the requirements of independence established by art of Legislative Decree 58/98, and compatibility to hold office pursuant to art. 36 of Decree Law 201 of 27 December 2011 (the ban on interlocking) and any other legislative requirements that are currently applicable. Without prejudice to the limits on the accumulation of directorships and audit appointments laid down by current regulations, persons may not serve as a Statutory Auditor if they already perform this function for more than five companies with shares listed on regulated markets or issuers of financial instruments held to a considerable extent by the general public pursuant to art. 116 of Legislative Decree 58/98 or for their parent and/or subsidiary companies, unless these are companies in which the Bank holds investments. 152

153 19 Composition and functioning of Board of Statutory Auditors (art. 123-bis, paragraph 2.d), Legislative Decree 58/98) The following table shows the composition of the Bank's Board of Statutory Auditors at the date of this Report, though there have been no changes since the end of The current members of the Board of Statutory Auditors were all elected at the Shareholders' Meeting held on 21 April 2012 and their mandates will expire on approval of the 2014 financial statements. Name Romano Conti Carlo Baldi Guglielmo Cacchioli Fabrizio Corradini Pier Paolo Ferrari Luigi Fontana Luigi Attilio Mazzocchi Office held Chairman of the Board of Statutory Auditors Serving Auditor Serving Auditor Serving Auditor Serving Auditor Alternate auditor Alternate auditor At the Shareholders' Meeting held on 21 April 2012, which elected the current members of the Board of Statutory Auditors, two lists were presented and accepted for the appointment of seven members of the Board, including the Chairman, four Serving members and two Alternates, as documented in the specific "Register prepared and retained by the Bank. The following were elected for the three-year period : Romano Conti (Chairman drawn from List 2, placed second in terms of the number of votes cast); Carlo Baldi, Guglielmo Cacchioli, Fabrizio Corradini, Pier Paolo Ferrari(Serving Statutory Auditors drawn from List 1, placed first in terms of the number of votes cast); Luigi Fontana (Alternate auditor - drawn from List 1) and Luigi Attilio Mazzocchi (Alternate auditor drawn from List 2). Date of Meeting 21/04/2012 Number of lists presented 2 lists for the appointment of 7 members of the Board of Statutory Auditors, among which, the Chairman, four Serving Auditors and two Alternate Auditors. List no. 1 Shareholders presenting list no. 1 no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 PIERO FERRARI CASTELVETRO DI MODENA MO 22/05/ FLORIANA NALIN MODENA MO 20/01/ ALBERTO GALASSI MODENA MO 23/12/ ANTONELLA FERRARI MODENA MO 14/11/ ADRIANO POGGIOLI MARANELLO MO 13/09/

154 6 LUIGI CREMONINI SAVIGNANO SUL PANARO MO 28/04/ CREMONINI S.P.A. CASTELVETRO DI MODENA MO ELISABETTA GHIDONI REGGIO EMILIA RE 26/05/ ALBERTO GALLINARI REGGIO EMILIA RE 12/07/ ALLEGRA GALLINARI REGGIO EMILIA RE 02/10/ GUGLIELMO BORELLI MODENA MO 25/03/1965 Total % of BPER's share capital held by the shareholders presenting list no. 1, as declared by them: 0.659% List no. 2 Shareholders presenting list no. 2 no. Name Place of birth / Head office Province Date of birth/ Tax code / VAT number 1 ALDO BONIFATI CASTROVILLARI CS 16/05/ MICHELE CALABRESE CROTONE KR 22/01/ SERGIO GIANGRECO REGGIO CALABRIA RC 21/07/ GIORGIO PULAZZA CERVIA RA 06/02/ VALENTINA PULAZZA RAVENNA RA 25/10/ ROMANO GISMONDI RAVENNA RA 13/10/ CARLO GISMONDI RAVENNA RA 06/08/ GIULIANO TASSONI MINERBIO BO 12/07/1939 Total % of BPER's share capital held by the shareholders presenting list no. 2, as declared by them: 0.571% Candidates on each list List no. 1 Carlo Baldi; Guglielmo Cacchioli; Fabrizio Corradini; Pier Paolo Ferrari; Marco Alessandri; Luigi Fontana; Gian Andrea Guidi. List no. 2 Romano Conti; Roberto Di Franza; 154

155 Giuseppe Giuliano; Vincenzo Morelli; Antonello Gentile; Luigi Attilio Mazzocchi; Gaetano Caiazzo. List of persons elected and percentage of votes Elected from List 1: 11,078 votes (60.74% of votes): Carlo Baldi (Serving Auditor) Guglielmo Cacchioli (Serving Auditor) Fabrizio Corradini (Serving Auditor) Pier Paolo Ferrari (Serving Auditor) Luigi Fontana (Alternate Auditor) Elected from List 2: 5,976 votes (32.77% of votes): Romano Conti (Chairman) Luigi Attilio Mazzocchi (Alternate Auditor). A summary description of the personal and professional characteristics of each serving Statutory Auditor is shown below, indicating their professional experience and skills, together with the offices held in other organisations, based on the latest information known to the Bank. Romano Conti has a degree in Economics and Commerce from Bologna University. he is registered with the Bologna Chamber of Italian Public Accountants and is a Registered Auditor. He started his career at the Cassa di Risparmio in Bologna. He practices as a Public Accountant, being a partner in Associazione Professionale Studio Gnudi. He participates as an associate in ACB Group S.p.A. He has more than five years' audit experience in banks, finance and securities companies, since he was a statutory auditor of Unicredit Leasing S.p.A.. In the past, he has held the following positions, among others: Director of D&C S.p.A., Banca Popolare di Rieti, F.G.F. S.p.A., Beghelli S.p.A. and Despina S.p.A.; Chairman of the Board of Statutory Auditors of Bologna Football Club 1909 S.p.A., Centrale del Latte di Milano S.r.l., Cirio De Rica S.p.A., Conserve Mediterraneo S.p.A., Ducati Energia S.p.A, Granarolo S.p.A., Interporto Bologna S.p.A., Lombardini S.r.l. and V.S.G.-Vercelli Specialità Gastronomiche S.p.A.; Statutory Auditor of Autostrade S.p.A., Editoriale Corriere di Bologna S.r.l., Galotti S.p.A. and Unifin S.p.A. Other positions currently held include: Sole Director of Finmeco S.r.l.; Chairman of the Audit Committee of Majani 1796 S.p.A.; Director of G.M.G. GROUP S.p.A. (Gruppo Ducati Energia), SIMBULEIA S.p.A., Società Investimenti Romandiola S.r.l. - S.I.R. S.r.l., VIS Mobility S.r.l. and ACB Group S.p.A.; Chairman of the Board of Statutory Auditors of IGD SIIQ S.p.A. - Immobiliare Grande Distribuzione, Comet S.p.A., Ferrario S.p.A., A.M. General Contractor S.p.A.; Serving Auditor of COMET Holding S.p.A. and of Zeroquattro S.r.l. (Gruppo Granarolo S.p.A.). He is also a Councillor of the Bologna Association of Italian Public Accountants. Carlo Baldi has a degree in Economics and Commerce from the University of Parma. He became an Italian Public Accountant in 1967 and a Registered Auditor in He is Professor of Company Economics at the Free University of Lugano, Faculty of Human and Technological Sciences. Following experiences in cooperative companies between the ages of 18 and 32, in 1972 he began practice professionally as an accountant with Studio Baldi - a professional association based in Reggio Emilia with branches in Milan and Rome. In 1990 he founded the Associazione Pro-Università di Reggio Emilia, now transformed into the Fondazione per l'università a Reggio Emilia - Studium Regiense, of which he is Chairman. He was also the Chairman of Reggio Città degli Studi S.p.A., a company that made possible the foundation and development of the university hub in Reggio Emilia, from its formation until its liquidation for having achieved its purpose. 155

156 Other positions that he currently holds include: Chairman of the Board of Directors of Baldi & Partners S.r.l.; Chairman of the Board of Statutory Auditors of Brevini Group S.p.A., C.S.F. Inox S.p.A. and Smalticeram Unicer S.p.A.; Serving Auditor of Bolzoni S.p.A.. Offices currently held in the BPER Group: Chairman of the Board of Statutory Auditors of BPER Trust Company S.p.A.. Guglielmo Cacchioli has a degree in Business Economics from Milan's Luigi Bocconi University; he is registered with the Parma Chamber of Italian Public Accountants and is a Registered Auditor. After graduation, he worked as trainee in Parma. From 1996 to 2000 he practised at Studio Gnudi in Bologna. From 2000 to 2006 he was a partner in Studio Simonazzi in Parma. Since 2006 he has practised from his own offices in Parma. He has been a member of the Board of Directors of ERVET S.p.A. and Chairman of the Board of Statutory Auditors of RIMINIFIERA S.p.A. Director of Terme di Castrocaro S.p.A.; Chairman of the Board of Statutory Auditors of Hospital Piccole Figlie S.r.l. and BI&S S.p.A.; Serving Auditor of Esam S.p.A., AGI S.p.A. and CO.PAD.OR. Soc. Agr. Coop.. Fabrizio Corradini has a degree in Economics and Commerce from the University of Modena; he is a member of the Modena Chamber of Italian Public Accountants and is registered as a Legal Auditor. He practices as a Public Accountant as the owner of "Studio Commercialisti in Modena, Studio Professionale di Consulenza Aziendale e Legislazione dell'impresa del Dott. Fabrizio Corradini" He has been Chairman of the Board of Statutory Auditors of Erma - Rtmo S.p.A. and Benfer Schomburg S.r.l.; Statutory Auditor of Cesare Cerana Industriale S.p.A., Ceramiche Montreal S.p.A. and Fondazione Cassa di Risparmio di Vignola; Chairman of the Board of Directors of Hermes Investimenti S.p.A. and Modena Capitale Banking Partecipations - Società per l'acquisto di stabili partecipazioni S.p.A.; Deputy Chairman of Assicuratrice Milanese S.p.A.; Director di Banca di Modena S.c.ar.l., Banca Modenese S.p.A. and Modena Capitale S.p.A. Currently he is Chairman of the Board of Statutory Auditors Granitifiandre S.p.A. Pier Paolo Ferrari has a degree in Economic and Commerce from the University of Modena; he is a member of the Modena Chamber of Italian Public Accounts and is a Registered Auditor. He is a founder and partner of Studio Commerciale Collegium of Modena. He has held the following offices: Serving Auditor of Banca Popolare di Lanciano e Sulmona S.p.A., Società Gestione Crediti Delta S.p.A., Eurobanca del Trentino S.p.A. and G.B. Ricambi S.p.A.; Auditor of Turchi Cesare S.r.l.; Chairman of the Board of Statutory Auditors of Pallavolo Modena S.s.d.ar.l.; Chairman of Aut Associazione Famiglie con portatori di autismo Modena onlus. He is the Chairman of the Board of Statutory Auditors of R.P.B. S.p.A., Cooperativa Sociale Sole, Doteco S.p.A., Gra-Com S.r.l.; he is a Serving Auditor of Atrikè S.p.A. Further information on the members of the Board of Statutory Auditors can be found in the minutes of the Shareholders' Meeting filed at the registered offices of the Issuer which are available to the public on the website of Borsa Italiana ( and in the lists and press releases issued at the end of the meetings and published on the English version of the Bank's website ( under the "Press & Media - Press Releases" and "Governance - Corporate Bodies - Shareholders' Meeting" Sections. During 2014, the Board of Statutory Auditors held meetings on 40 days of the year, each lasting an average of around 2.5 hours. The Board of Statutory Auditors met with the Independent Directors Committee (on 29 July 2014) and with the Nominations and Compensation Committee (on 28 October 2014) to discuss on mutual topics. The Chairman of the Board of Statutory Auditors and all the Statutory Auditors attended these meetings. Note that 47 meetings have been scheduled for 2015, of which seven have been held up to the date of approval of this Report. Moreover, the Board of Statutory Auditors participated in the meetings of the Board of Directors and of the Executive Committee; The Chairman of the Board of Statutory Auditors, or another Statutory Auditor designated by him, attended the meetings of the Control and Risk Committee. There have not been any changes in the membership of the Bank's Board of Statutory Auditors since the end of the last financial year. At the board meeting held on 14 May 2012, the Board of Directors ascertained that the members of the Board of Statutory Auditors satisfied the independence requirements as per art. 148, paragraph 3, of 156

157 Legislative Decree 58/98. In addition, at the meetings held on 18 November 2014 and 23 December 2014, the Board of Statutory Auditors once again reviewed its own adequacy in terms of powers, composition and functioning, having regard for the scale, complexity and activities of BPER, in line with the most recent corporate governance regulations issued by the Bank of Italy on the Self-assessment of Bodies (Circular 285/13 1st revision dated 6 May 2014). On this occasion, the Board of Statutory Auditors checked that its members still met the independence requirements mentioned above. During the year, members of the Board of Statutory Auditors took part in conferences and other initiatives promoted and/or indicated by the Bank to discuss and update people on various topics. As regards transactions in conflict of interest and with related parties involving members of the Board of Statutory Auditors, see Chapter 17 above. In performing its work, the Board of Statutory Auditors collaborates with the Group Internal Audit Department via: periodic board meetings, usually every quarter, also attended by the Head of Internal Audit; the examination of documentation provided to the Board by that Department ( support for analyses performed, inspection reports etc.) and other information relating to the system of controls and the outcome of verification work; the request of specific inspections. The Board has also taken advantage of the contribution made by all of the other control functions, with whom meetings were held on various occasions throughout the year. The Chairman of the Board of Statutory Auditors (or another auditor designated by him) also takes part in meetings of the Control and Risk Committee, with a view to an ongoing constructive dialogue. 157

158 20 Relations with Members and Shareholders All information about the performance of the Bank, the communications and the documents of interest to the members and the shareholders (financial statements, articles of association, prospectuses, corporate notices etc.) are published in the English version of the Bank's website ( in the "Investor Relations", "Governance" and Press & Media" sections. The website also has a special Members' Section where information is given on how to become a Member. Reference is also made to the cooperative principles and achievement of the mutual society objectives discussed in chapter 1 of this document and further in a chapter of the Directors' Report accompanying the financial statements. An Investor Relations Office was set up to manage relationships with investors, intermediaries and, more generally, with stakeholders in the Bank. This office is the official point of contact with the Bank and the BPER Group for the national and international financial community, helping to create a channel through which the latter can receive constant information. In particular, the Investor Relations Office communicates with the shareholders, bondholders, investors, financial analysts and rating agencies in order to disseminate in a homogeneous manner correct and timely information and news about the activities, results, strategy and growth prospects of the Bank and the Group. Mention should be made of the various presentations, also by conference call, of the periodic consolidated results of the BPER Group addressed mainly to the financial community and the press. The Office also collaborates, as appropriate, with the Shareholder Relations Office and External Relations and Corporate Social Responsibility Office, in managing the relationship with Shareholders through adequate and constant information on the life of the Bank and the Group. Currently the role of the Investor Relator is held by Gilberto Borghi, who is in charge of that Office. The Shareholder Relations Office, being responsible for maintaining the Register of Members and the Register of Shareholders, mainly handles relationships with the members and the shareholders, as well as the related regulatory compliance and meeting formalities. Among its various activities, the External Relations and Corporate Social Responsibility Office maintains relations with journalists from national and local newspapers, prepares and sends press releases and has them published in the media, organises press conferences and prepares communication plans, coordinating with other banks in the Group where necessary. In addition, the Board of Directors designated a non-executive and independent Director, Giulio Cicognani, as the director responsible for providing feedback on behalf of the Bank to any requests from the shareholders' associations. Note that for disclosure to the market, as well as to the Bank's shareholders and members, of regulated information pursuant to art. 113-ter of Legislative Decree 58/98, the Bank uses the "System of Disclosure of Relevant Information" (aka SDIR-NIS), an electronic system run by Blt Market Services S.p.A., a subsidiary of the London Stock Exchange Group with head office in Piazza Affari 6, Milan. For the storage of Regulated Information, BPER makes use of the 1Info facilities provided by Computershare S.p.A., a company within the Computershare Group, located at Via Mascheroni 19, Milan. See Chapter 5 above for further information. 158

159 21 Shareholders' Meetings The functioning of Meetings is governed by arts of the articles of association Shareholders' Meetings are called by the Board of Directors, within the timescales established in current regulations. Meetings may also be called by the Board of Statutory Auditors, or by at least two Statutory Auditors, in the circumstances established by law. The Board of Directors must call a Shareholders' Meeting, without delay, on receipt of written application by at least one tenth of the shareholders entitled to vote at the date of the request. Meetings are called by means of a notice of calling to be published on the Bank's website and in two daily newspapers: Il Sole 24 ORE and QN Quotidiano Nazionale. Meetings are valid if held using remote communications systems, on condition that the identity of the persons entitled to attend is assured and that all participants are able to intervene in real time in discussions about the matters on the agenda, as well as to vote on the resolutions. In any case, the Chairman and the Secretary must be present at the place indicated in the notice of calling, as mentioned above, and the meeting is deemed to be held in that place. On the basis, with the timing and within the limits established by law, members representing (i) a number not less than one-fiftieth of the Members entitled to vote at the date of the request or (ii) individually or jointly, a shareholding of not less than one-fiftieth of the share capital may, by written request, ask to integrate the list of matters to be discussed at the Shareholders' Meeting, specified in the notice of calling, or to submit proposed resolutions on matters already on the agenda. The signature of each applicant must be authenticated by the Company or by the intermediaries holding accounts in which are recorded the shares issued by the Company and held by the member making the application, or by notaries. The application must be accompanied by the deposit of the certificates of participation in the centralised share management system, confirming the applicants' right to make such a request. Extension of the list of matters to be discussed pursuant to this paragraph cannot include matters for which, by law, the Meeting adopts resolutions based on a proposal from the Directors, or based on a draft or a report prepared by them. Pursuant to art. 26 of the articles of association, the Shareholders' Meeting is chaired by the Chairman of the Board of Directors or his deputy or, failing this, by the person elected by those attending. The Chairman checks the identity and right to attend of those present, verifies that the Meeting is quorate, moderates the business conducted, checks the results of voting and appoints two or more scrutineers from among those present. The Secretary of the Ordinary Meeting is the Secretary of the Board of Directors or, in his absence, another member designated by the Meeting. The resolutions of the Shareholders' Meeting are documented in minutes. The minutes are taken by the Secretary and signed by the Chairman, the Secretary and, if appointed, the scrutineers. In the circumstances required by law and when considered appropriate by the Chairman, the minutes are taken by a notary appointed by the Chairman. The Ordinary Meeting is quorate in first calling with the presence, in person or by legal representation or by proxy, of at least one fifth of the shareholders entitled to attend the Meeting, and is quorate in second calling regardless of the number present. The Ordinary Shareholders' Meeting adopts resolutions by an absolute majority of the votes cast, except if electing directors and officers when the list voting system described in arts. 31, 32, 33, 43, 44, 44-bis and 46 of the articles of association, are used. The Ordinary Meeting adopts resolutions on, in particular: on the reasoned proposal of the Board of Statutory Auditors, appoints the Independent Auditors from among the registered auditing firms, determines their fees and any criteria for fee adjustments during their period of office; can, under certain circumstances, revoke their appointment, having consulted with the Statutory Auditors; the remuneration payable to the Directors, in accordance with the law and the related regulations, 159

160 without prejudice to the right of the Board of Directors to fix the remuneration of those Directors with special duties, after hearing the Board of Statutory Auditors; the fees payable to the Statutory Auditors; approval of the remuneration policies in favour of the bodies with supervisory, management and control functions and the staff; any remuneration plans based on the use of financial instruments; all other matters reserved for it by law. The Ordinary Shareholders' Meeting may appoint an Honorary Chairman from among those who have significantly contributed to the prestige and the development of the Company. The person concerned does not have to be a member of the Board of Directors. The position of Honorary Chairman is not remunerated. The extraordinary shareholders' meeting is quorate in first calling, even in cases where the law requires a special majority, with the presence, in person or by legal representation or by proxy, of at least one eighth of the shareholders entitled to attend, and is quorate in second calling if attended by at least one percent of such shareholders. The extraordinary shareholders' meeting adopts resolutions with a majority of two thirds of the votes cast and on the matters reserved for it by law. Resolutions to change the corporate objects, transfer the registered offices abroad and wind up the Bank early must be adopted with the votes in favour of at least one tenth of the shareholders entitled to attend the Meeting. The voting takes place openly, except for the appointment of officers (excluding that of the Honorary Chairman) which is by secret ballot. On the Chairman's proposal, the Meeting can decide to go ahead with an open vote. Shareholders have the right to attend the Meeting and exercise their voting rights if they have been recorded in the register of Shareholders for at least 90 (ninety) days and for whom, in accordance with current legislative and regulatory requirements, by the end of the third market trading day prior to the date set for the Meeting at first calling or by some other deadline established by current regulations, the Bank has received the communication from the intermediary authorised to keep accounts on which financial instruments are registered, Each Shareholder has one vote, regardless of the number of shares held. Shareholders may be represented at the Meeting by another shareholder, in accordance with the law. Members of the Board of Directors, Board of Statutory Auditors or employees of the Company or of its subsidiaries cannot act as proxies. Proxies, which are valid at both first and second calling, must be given in writing, they must indicate the name of the proxy-holder and the signature of the person giving the proxy must be notarized by nominees of the Company, by intermediaries authorised to keep accounts on which financial instruments are registered or by notaries. No shareholder may represent more than five other shareholders, except in cases of legal representation. Postal voting is not allowed. In accordance with current regulations, the Board of Directors can allow votes to be cast before and/or during the Shareholders' Meeting, without requiring the physical presence of the person or their proxy, through the use of electronic devices in ways to be communicated in the notice of calling of the Shareholders' Meeting, such as to ensure the identification of those who have the right to vote, security of communications and, in case of a secret ballot, secrecy. Members of the Board of Directors may not vote on resolutions regarding their responsibility for actions. In general, all members of the Board of Directors should attend the Shareholders' Meetings, subject to unforeseeable events that prevent the individual being present. At the time of approving the 2014 financial statements, the Board presented its report on operations to the Shareholders' Meeting, describing the activities performed and planned, and worked to ensure the provision of necessary information to the shareholders so that they could make informed decisions at the meeting. The market capitalisation of the Bank's shares, after taking account of and adjusting for the capital increase during the year, increased from Euro 2.1 billion at 31 December 2013 to more than Euro 2.6 billion at 31 December

161 22 Other Corporate Governance practices (art. 123-bis, paragraph 2.a), Legislative Decree 58/98) On 29 January 2013, the Board of Directors of the Bank resolved to adhere to the opt-out system under arts. 70, paragraph 8, and 71, paragraph 1-bis of the Issuers' Regulation, as amended by CONSOB Resolution of 20 January 2012, taking advantage of the right to make an exception to the obligation to publish information documents in the event of significant mergers, spin-offs, increases in capital by contributions in kind, acquisitions and disposals. Noted that the articles of association provide for and regulate the appointment of General Management and the Board of Arbiters General Management General Management comprises the General Manager and one or more Deputy General Managers. These persons must meet the requirements of professionalism, integrity and independence established by law. Resolutions concerning the appointment of members of General Management are adopted by the Board of Directors by an absolute majority of the serving directors. The General Manager is the Head of Personnel. He hires personnel, following the selection of candidates, within the limits established in the annual budgets. He also makes proposals for the promotion or dismissal of personnel; takes disciplinary action and may temporarily suspend any employee, reporting this to the Chief Executive Officer, so that the related final decisions can be taken. All decisions regarding executive grade (dirigenti) employees are taken solely by the Board of Directors. The General Manager attends the meetings of the Board of Directors, and those of any committees and commissions that may be established. Assisted by the other members of General Management, he implements the decisions taken by the Board of Directors and the Executive Committee, as well as the instructions given by the Chief Executive Officer; he supervises the functioning of the Bank, the performance of operations and services in accordance with directives from the Board of Directors and the instructions given by the Chief Executive Officer. If absent or unavailable, the General Manager is replaced in the exercise of all attributed powers and functions by one or more members of General Management designated by the Board of Directors; if these are also absent or unavailable, such functions and powers are exercised by an executive designated by the Board of Directors. At both the end of 2014 and at the date of this Report, General Management comprises the General Manager Fabrizio Togni and the following Deputy General Managers: Eugenio Garavini, Pierpio Cerfogli and Gian Enrico Venturini Board of Arbiters The Shareholders' Meeting appoints five Serving Arbiters and three Alternates from among the members. They remain in office for three years and may be re-elected. Their work is performed on a voluntary basis. The election of Arbiters takes place on the basis of written candidatures submitted by the members. Each member can submit a maximum number of candidates equal to that of the Arbiters to be elected. The candidature, signed by the person or persons presenting the candidate, must indicate the name of the candidate for the office of Arbiter, without distinction between serving and alternate, and has to be filed at the Company's registered offices by the deadline provided by law for the submission of lists of candidates for the election of the Board of Statutory Auditors, together with: (i) information on the identity of the presenting 161

162 member or members, indicating the percentage of shares held, to be certified at the same time as filing the candidature as required by law; (ii) full information on the candidate's personal and professional characteristics; and (iii) a declaration with which the candidate accepts their nomination. The signature of each presenting member has to be authenticated by nominees of the Company, by the intermediaries authorised to keep accounts on which financial instruments are registered, or by notaries. Candidatures submitted without complying with the above conditions will be considered as not submitted and will not be admitted to the vote. If no candidature is submitted by the set deadline, the Meeting votes on the candidates proposed on the spot by the members present. Each person entitled to vote may vote for a maximum number of candidates equal to that of the Arbiters to be elected. Candidates are ranked in descending order according to the number of votes that they obtained. The first five candidates are elected as Serving Arbiters and the next three candidates as Alternate Arbiters. In the event of a tie between various candidates, the Meeting holds a second ballot to establish how they are to be ranked. The Board of Arbiters elects a Chairman from among its number, who calls meetings of the Board and directs its work. If Serving Arbiters are no longer available, they are replaced by the Alternate Arbiters in order of age until their period of office expires. If, as a result of the substitutions, the number of Alternate Arbiters remaining falls to less than two, the Meeting takes steps to elect as many new Alternate Arbiters as are needed to restore the required total. The Alternate Arbiters, again in order of age, replace from time to time those Serving Arbiters who have to abstain from office as a consequence of blood or marriage ties or other legitimate impediment. The Board of Arbiters, plus a representative of the candidate member, expresses its opinion within 30 days of any request made for the review of board decisions not to admit a member, or to exclude a member from the Company. The Board of Arbiters exercises its discretion regarding the evaluation process to be followed. Decisions are adopted by a majority of the votes cast. In the event of a tie, the Chairman has a casting vote. At the date of this Report, the Board of Arbiters comprises: Miranda Corradi (Chairman), Roberto Bernardi, Federico Ferrari Amorotti, Vittorio Rossi and Massimo Turchi, Serving Arbiters; Philip Bergamini and Pier Luigi Cerutti Alternate Arbiters. The Board of Arbiters for the three-year period was elected by secret ballot at the Shareholders' Meeting held on 21 April

163 23 Changes since the end of the year Events that have taken place since the end of 2014 up to the date of this report include the following. For information about events arising between the end of 2014 and the date of this Report, reference is made to Chapter 9 of the Directors' report on operations Significant subsequent events and outlook for 2015, Paragraph 9.1 Significant events subsequent to 31 December The Shareholders' Meeting called to approve the 2014 financial statements will also be requested to examine draft amendments to the Articles of Association. Further information in this regard is presented in the related Report published in the Governance Section of the Bank's website (Corporate Bodies Shareholders' Meeting). For further information, see the press releases published on the Bank's website - in the Press & Media Section, as well as the relevant documents available in other sections of the site. 163