PRESS RELEASE

Abandoned the negotiations between Banca Ifis and IBL Banca

Mestre (Venice), 26 November 2020 - Following the press release as at 15 September 2020, Banca Ifis informs that the negotiations with IBL Banca, aimed at creating a partnership for the recovery of Npl loans through the granting of salary-backed loans (CQS), were not successful and therefore have definitely been terminated.

Rosalba Benedetto

Martino Da Rio

Director of Communications

Head of IR and Corporate Development

and External Relations

Banca Ifis S.p.A.

Banca Ifis S.p.A.

M. +39 02 24129953

Eleonora Vallin

Claudia Caracausi, Davide Bruzzese

Head of the Press Office

Press Office

Banca Ifis S.p.A.

Image Building

M. +39 342 8554140

+ 39 02 89011300

www.bancaifis.it

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Banca Ifis S.p.A. published this content on 26 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2020 18:28:03 UTC