Chairman of parties to the Mediobanca shareholders’ agreement

With reference to the Mediobanca shareholders’ agreement, notice in respect of the following withdrawals was received by the deadline of 30 September 2015

•  Italmobiliare S.p.A., partially, in respect of 4,826,272 shares (0.56% of the Bank’s share capital);
•  Candy S.p.A. in respect of 1,155,000 shares (0.13%);
•  United Tiles S.A. (Zannoni group), in respect of 265,000 shares (0.03%)
•  Arca S.p.A. (Zannoni group) partially, in respect of 155,000 shares (0.02%).

The parties in general meeting authorized the release of the shares from syndication to the agreement as of today’s date.

As a result of the foregoing, the percentage share syndicated to the agreement falls from its current level of 31.82% to 31.09% of the Bank’s share capital.

The Mediobanca shareholders’ agreement is thus automatically renewed for a further two years starting from 1 January 2016 until 31 December 2017.

In addition, the parties in general meeting, in view of the capital increases implemented as a result of the exercise of stock options and the award of performance share, also approved revisions to each shareholder’s entitlement to increase their investment (in terms of number of shares) as shown in the attached tables, to allow the maximum percentages approved in 2014 to remain unchanged. The parties also adopted a resolution to increase the said entitlements progressively upon the occurrence of future capital increases implemented as described above.

Milan, 1 October 2015