HEAD OFFICE DETAILS. Average number of employees divided by category:

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1 PROFILE 2014

2 PROFILE Cassa di Risparmio di Volterra S.p.A. was founded in 1494 A.D., and since then has always distinguished itself for its relationship with the local territory. It represents the most typical and essential support for medium and small sized industrial companies, agriculture, commerce and handicraft activities as well as families. It has always shown particular attention to its own territory of business, with a continuous support to local economy. Composed by high standing members and chaired by Prof. Giovanni Manghetti (for over eight years Director and President of ISVAP Italian High Authority for Insurance Services), Cassa di Risparmio di Volterra S.p.A. has started a large number of initiatives which could prepare its own future, while it has continued to deeply root in the local territory of business. Also for these reasons, Cassa di Risparmio di Volterra S.p.A. has been granted Special Mention for Bank Technological Infrastructures by the Italian Bank Industry Association during ABI Award for Innovation in Bank Services in 2013, thanks to the project of desktop virtualization which avoids large use of paper documentation for the safeguard of the environment. For the same project Cassa di Risparmio di Volterra S.p.A. was also granted a special statement by Green Global Banking Awards in 2013.

3 TARGET MARKET All savings collected are invested in six different provinces of Tuscany, where the bank operates with 75 branches, in support to families, small and medium enterprises. Cassa di Risparmio di Volterra S.p.A. is in conclusion a traditional bank, mindful of the market and capable to offer to its customers the answers to their financial and savings requests.

4 SHAREHOLDERS

5 HEAD OFFICE DETAILS PO Box 65, Piazza Dei Priori 16, Volterra (PI) - Italy Tel: Fax: [email protected] SWIFT/BIC: CRVO IT 3V ABI/CAB: 06370/71221 CHIPS UID: Website: Ownership type: Joint Stock Bank Regulator: Banca d Italia Member of: Associazione per la Tutela degli Investitori in Titoli Argentini, Banca d'italia Regolamento Lordo, Corporate Banking Interbancario, Trans-European Automated Real-Time Gross Settlement Express Transfer System, Fondo Interbancario di Tutela dei Depositi e Fondo Nazionale di Garanzia Office Summary: 75 branches Average number of employees divided by category: Managers 7 Total officers 127 Total remaining employees 379 Other employees 3 TOTAL 516

6 FINANCIALS UNCONSOLIDATED BALANCE SHEET DECEMBER 31, in EUR ASSETS Cash & Banks 126,950,256 96,072,745 Investments 742,935, ,465,445 Loans & Discounts 1,632,854,806 1,627,294,017 Fixed Assets 37,775,075 38,873,740 Other Assets 43,180,277 54,046,801 TOTAL 2,583,696,386 2,544,752,748 LIABILITIES Deposits 2,334,286,151 2,300,246,918 Other Liabilities 70,955,940 65,796,924 Capital 72,304,400 72,304,400 Reserves 103,906, ,336,442 Profits/(Loss) 2,243,164 2,068,064 TOTAL 2,583,696,386 2,544,752,748 PROFIT & LOSS STATEMENT Net interests inc. 54,102,789 46,931,667 Other income 52,055,809 62,656,457 Other expense (103,915,434) (107,520,060) Net Profit/(Loss) 2,243,164 2,068,064 PERFORMANCE RATIOS Net Profity/Equity Capital 1.26% 1.16% Net Profity/Total Assets 0.09% 0.08% For further financial information, please refer to our homepage on the website: For official documents: Equity Capital/Total Assets 6.91% 7.02%

7 Auditors: PricewaterhouseCoopers S.p.A Affiliated Companies (Under 20%) Cedacri SpA, Collecchio 7.066% Consorzio Formazione Volterra Soc Consortile % Promozione e Sviluppo Val di Cecina Srl, Cecina 5.720% PB SRL, Milan 2.890% Terre Dell'Etruria Soc.Coop.a.r.l., Italy 0.949%

8 PERSONNEL PRESIDENT Prof. Giovanni Manghetti VICE PRESIDENT Rag. Giorgio Ghionzoli BOARD MEMBERS Avv. Renzo Verdianelli Rag. Sergio Ninci Dott. Pier Giovanni Vivaldi Sig. Massimo Banti Ing. Antonio Cioppa Board of Statutory Auditors: PRESIDENT Dott. Carlo Rossi AUDITORS Dott. Sergio Volterrani Dott. Andrea Fidanzi ALTERNATE AUDITORS Dott. Ciro Gennaro Corvese Dott. Pasquale Giovinazzo MANAGEMENT: GENERAL MANAGER Roberto Pepi VICE GENERAL MANAGER Stefano Picciolini For further information, please contact: Nicola Parenti Area Manager Stefano Pitti Head of Finance Products Dept Leonardo Rossi Head of M.O. Finance & Intl Div