PRESS RELEASE

FinecoBank: assessment of the requirements of the Statutory Auditor and Chairman of the Board of Statutory Auditors

Milan, 13 October 2020

Following the press release dated 17 September 2020, FinecoBank S.p.A. hereby announces that the Board of Directors, at its today meeting and with the assistance of the Appointments Committee, has verified with regard to the Statutory Auditor and Chairman of the Board of Statutory Auditors Ms. Luisa Marina Pasotti that:

  • the requirements of experience and integrity (including the suitability) have been met, and the criteria of time commitment and the specific limits on the numbers of offices to be held envisaged by legislation in force, as well as by the "Qualitative and quantitative composition of the Board of Statutory Auditors of FinecoBank S.p.A." (made available on www.finecobank.com,
    "Governance/Documents" Section) and by additional internal regulations in this regard, have been complied with;
  • the requirements of independence pursuant to art. 148, paragraph 3, TUF (Italian Consolidated Law on Finance) and art. 3 of the Corporate Governance Code for listed companies of Borsa Italiana S.p.A. (the "Code"), as provided for in the Company's Articles of Association, has also been met;
  • there are no situations falling within the scope of Article 36 of the Law Decree December 6, 2011 no. 201, converted with amendments by Law December 22, 2011 no. 214, concerning the provisions on the prohibition of interlocking directorates.

The Board of Directors also acknowledged that the Board of Statutory Auditors, at its meeting held on 12 October 2020 - in accordance with the provisions of the Application Criterion 8.C.1 of the Code - had assessed that Ms. Pasotti met the independence requirement envisaged by Application Criterion 3.C.1 of the Code itself, as provided for in the Company's Articles of Association, as well as the further requirements set forth by the current legislation.

The curriculum vitae of Ms. Luisa Marina Pasotti can be consulted on the Company's website at www.finecobank.it, in the "Governance/Company Boards" Section.

FinecoBank

FinecoBank is one of the most important FinTech banks in Europe. Listed in the FTSE MIB, FinecoBank has a business model unique in Europe, combining the best technologies with one of the largest financial advisory network in Italy. It offers from a single account banking, credit, trading and investment services though transactional and advisory platforms developed with proprietary technologies. Fineco is n.1 broker in Europe, and one of the most important player in Private Banking in Italy, offering efficient and tailor-made advisory services. Since 2017, FinecoBank is also in UK with an offer focused on brokerage and banking services. In 2018 Fineco Asset Management has been established in Dublin, with the mission to develop investment solutions in partnership with the best international asset managers.

Contact info:

Fineco - Media Relations

Fineco - Investor Relations

Tel.: +39 02 2887 2256

Tel. +39 02 2887 3736/2358

mediarelations@finecobank.com

investors@finecobank.com

Barabino & Partners

Tel. +39 02 72023535

Emma Ascani

e.ascani@barabino.it

+39 335 390 334

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Finecobank S.p.A. published this content on 13 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2020 16:59:02 UTC