NEWS RELEASE

DBRS: Trend on Banco BPM's ratings improved to Stable

Milan/Verona, 13 December 2018 - We herewith inform that today DBRS has improved from Negative to Stable the Trend of Banco BPM's ratings. At the same time, all ratings of Banco BPM, including the Long-Term Issuer Rating of "BBB (low)" and the Short-Term Issuer Rating of "R-2 (middle)", have been confirmed.

The same rating action has involved also Banca Akros, with a change in the Trend from Negative to Stable and with a confirmation of its ratings, which are in line with those assigned to the Parent Bank.

For further information, please see the press release published by DBRS.

Contacts:

Investor Relations

Communication

Media Relations

Roberto Peronaglio

Matteo Cidda

Monica Provini

+39 02.77.00.2057

+39 02.77.00.7438

+39 02.77.00.3515

investor.relations@bancobpm.it

matteo.cidda@bancobpm.it

monica.provini@bancobpm.it

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Disclaimer

Banco BPM S.p.A. published this content on 13 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2018 17:24:06 UTC