Banca Carige S p A Cassa di Risparmio di Genova e Imperia : FITD renews its support for Banca Carige

PRESS RELEASE

FITD RENEWS ITS SUPPORT FOR BANCA CARIGE

Genoa, 17 March 2021 - Further to the press release issued today by Fondo Interbancario di

Tutela dei Depositi ("FITD", Interbank Deposit Protection Fund) and FITD's Schema

Volontario di Intervento ("SVI", Voluntary Intervention Scheme), Banca Carige acknowledges the waiver by Cassa Centrale Banca - Credito Cooperativo of its right to

exercise the call option it was granted on FITD and SVI's controlling interest in the Bank

under the framework agreement signed on 9 August 2019.

Even in light of the new scenario, Banca Carige is continuing its day-to-day reorganisation and relaunch activities, fully relying on the commitment for support by FITD and its

Voluntary Intervention Scheme in the management's pursuit for a business combination with other potential partners "to make the most of the Bank's full potential, the remarkable work

carried out by the Bank's governing bodies and its entire organisation, as well as the significant results achieved despite the adverse conditions caused by the pandemic crisis".

Commenting on the outcome of the negotiations, CEO Francesco Guido confirms that the path taken is being pursued with determination and underlines that "the high quality of the

Bank's assets and its capital adequacy to current regulatory requirements will remain at the

heart of the relaunch plan which has already been delivering strong results since 2020 andhas enabled Carige to be a leading player in supporting businesses and families in the midst of the pandemic, particularly in the Bank's traditional footprint region of Liguria".

In light of the above, access by CCB and its advisors to the data room -opened, as was communicated to the market, on 6 August 2020- will be terminated.

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