PRESS RELEASE VERIFICATION OF THE REQUIREMENTS OF PROFESSIONALISM, INTEGRITY AND INDEPENDENCE OF THE MEMBERS OF THE SUPERVISORY BOARD AND THE MANAGEMENT BOARD

Bergamo, 14th May 2013. Having acknowledged the declarations of those concerned and having taken account of the information in their possession:
- on 13th May 2013, the Management Board ascertained that the members of the Management Board appointed on 23rd April 2013 by the Supervisory Board were in possession of the requirements of professionalism, integrity and independence pursuant to the regulations and legislation in force.
With regard to the Management Board dott.ssa Silvia Fidanza, dott.ssa Luciana Gattinoni and dott. Italo Lucchini were identified as independent Board Members pursuant to Art. 147 quater of Legislative Decree No. 58/98;
- on 14th May 2013 the Supervisory Board ascertained that the members of the Supervisory Board appointed by the Shareholders' Meeting held on 20th April 2013 were in possession of the requirements of professionalism, integrity and independence pursuant to the regulations and legislation in force.
With regard to the requirements of independence set by the Corporate Governance Code, - as stated in the Report on Corporate Governance and Ownership Structure - these have been applied to the Members of the Supervisory Board in view of the choice made by UBI Banca to form internal committees - as provided for by the Code and for which these requirements are necessary - within the Supervisory Board. In this respect the Supervisory Board proceeded to verify the possession of those requirements of independence by the Members of the Supervisory Board with the following results:
Andrea Moltrasio - non-independent (*) Mario Cera - non-independent (*) Alberto Folonari - independent Armando Santus - independent
Dorino Mario Agliardi - independent Antonella Bardoni - independent Letizia Bellini Cavalletti - independent Marina Brogi - independent Pierpaolo Camadini - independent Luca Vittorio Cividini - independent Alessandra Del Boca - independent Ester Faia - independent Marco Giacinto Gallarati - independent Carlo Garavaglia - independent Gian Luigi Gola - independent
Lorenzo Renato Guerini - non-independent (*)
Alfredo Gusmini - independent Federico Manzoni - independent Mario Mazzoleni - independent Enrico Minelli - independent Sergio Pivato - independent Andrea Cesare Resti - independent Maurizio Zucchi - independent

(*) with due consideration taken of the principles and application criteria contained in article 3.C.1. point b) of the Corporate Governance Code, having been a senior officer of a subsidiary of UBI Banca in the preceding three years.

With particular reference to commercial and financial relations, it examined the outstanding credit lines granted to each member, analysing the amount in absolute terms in relation to the financial position of the person concerned and assessing it as a percentage of credit lines granted by the sector nationally and it considered that the existing commercial and financial relations with the Members of the Supervisory Board, where present, were not sufficiently significant to compromise their independence within the meaning of the aforementioned code.
The curricula vitae of the Members of the Supervisory Board were disclosed to the public when the documentation for the presentation of lists was made available and therefore they can be downloaded from the website of the Bank (www.ubibanca.it, under "Shareholders").
The curricula vitae of the Members of the Management Board have also been made available on the website of the Bank (www.ubibanca.it, under "Corporate Governance").

For further information: UBI Banca Corporate Affairs, Subsidiaries and Relations with the Authorities Area - Tel.+39 030 2433479 - 2433727

email: affari.societari@ubibanca.it
Copy of this press release is available on the website www.ubibanca.it

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