BANCA SISTEMA: DISSOLUTION OF THE SHAREHOLDERS’ AGREEMENT

PRESSE RELEASE

BANCA SISTEMA: DISSOLUTION OF THE SHAREHOLDERS' AGREEMENT

Milan, 23 May 2022

Banca Sistema informs that today the shareholders Società di Gestione delle Partecipazioni in Banca Sistema S.r.l. (SGBS), Fondazione Cassa di Risparmio di Alessandria and Fondazione Sicilia gave notice of the termination by consensual resolution of the Shareholders' Agreement. The termination by consensual resolution is due to the fact that the Shareholders' Agreement, entered into between them, has reached its scope, mainly consisting in the appointment of the Board of Statutory Auditors which is not expected to be renewed by the expiry date of the agreement.

The Shareholders' Agreement, relevant pursuant to art. 122, paragraph 1 and 5, lett. b) of the D.Lgs. n. 58/1998, signed on 29 June 2020, had renewed the Shareholders' Agreement signed on 29 June 2018, subsequently amended on 22 February 2019 with expiry date on 1 July 2020.

Extract containing the notice of the resolution of the Shareholders' Agreement will be available on the Company's website www.bancasistema.it and on the website of the authorized storage mechanism www.1info.it in accordance with the required terms.

The notice of the dissolution of the Shareholders' Agreement will also be filed with the Registry of Companies of Milan.

Contacts:

Investor Relations

Carlo Di Pierro

Tel. [phone]

[e-mail]

Media Relations

Patrizia Sferrazza

Tel. [phone]

[e-mail]

Banca Sistema Group

Banca Sistema, founded in 2011 and listed in 2015 on Borsa Italiana's Star segment, is a financial institution specialized in purchasing trade receivables owed by the Italian Public Administrations and tax receivables, and is active in consumer credit salary- and pension-backed loans, by purchasing loan pools and through the direct origination of the QuintoPuoi product, and through pawn loans, via the subsidiary ProntoPegno S.p.A. The Group which has a customer base of 100,000, also offers deposit products, with an offering that includes current accounts, deposit accounts and securities accounts, in addition to other services as credit management and recovery, bank guarantees and security bonds, PA receivables certification and e-billing. With head offices in Milan and Rome, Gruppo Banca Sistema is also present in Bologna, Pisa, Naples, Palermo, Asti, Brescia, Civitavecchia, Florence, Mestre, Parma, Rimini and Turin, has 275 employees and relies on a multichannel structure.

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