PRESS RELEASE

CLARIFICATIONS ON THE PRESS RELEASE PUBLISHED TODAY

Genoa, 09 February 2022 - With regard to today's press release on the preliminary results for 2021, it should be noted that:

"It is reasonable to believe that the Updated Plan approved by the Board of Directors on 23 February 2021 will in any case no longer be suitable to represent the Carige Group's strategies and expectations for economic and financial evolution as:

  • in the event that the process of business combination will be finalised (with the significant transfer expected by 15 February closing the ongoing due diligence process) it will be outdated as a result of the entry into a broader scope;
  • otherwise, it would be outdated by a new Strategic Plan for the period to 2024, inclusive of Capital Strengthening Plan in compliance with the European Central Bank's requirements, within which the amount of the capital increase required to ensure the continuous compliance with the new regulatory targets notified with the 2021 SREP Decision will have to be recalibrated and new strategic levers, not included in the Updated Plan currently in force, will have to be illustrated".

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Banca Carige S.p.A. Cassa di Risparmio di Genova e Imperia published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2022 18:18:02 UTC.