Banca CARIGE announced that Giuseppe Pericu, lawyer and Professor, Member of the Board of Directors and Chairman of the Appointment Committee, has irrevocably tendered his resignation with immediate effect August 23, 2018. Notice is hereby given that, with these resignations, the Board has lost its majority. Consequently, pursuant to articles 2385 and 2386 of the Italian Civil Code and art. 18, para. 12, of the Articles of Association: the entire Board shall be deemed dismissed; the Board, made up of eight Directors, will remain in office to perform all activities of the ordinary course of business until its renewal by the Shareholders’ Meeting, which has already been called for 20 September 2018. Finally, Banca CARIGE S.p.A. informs that, on 16 August 2018, it received a communication under art. 126 bis of the Consolidated Law on Finance from the shareholder Malacalza Investimenti S.r.l., requesting that the following item be added to the Shareholders’ Meeting agenda scheduled for 20 September 2018: "Appointment of a new Board of Directors (subject to prior determination of both the number of Board members - pursuant to Article 18 of the Articles of Association- and the remuneration of Directors), should the entire Board of Directors be deemed to have lapsed pursuant to Article 18.12 of the Articles of Association as a result of resignations or other circumstances for termination of office”.