Banca IFIS transparently and timely discloses information to the market, constantly publishing information on significant events through press releases. Please refer to the “Investor Relations\Press Releases” section on the website www.bancaifis.it for complete details.

http://www.bancaifis.it/bancaifis/index.php/en/main/Investor-Relations/Press-releases

Here below is a summary of the most important events:

Acquisition and merger of Toscana Finanza

Please refer to the comment in the following section.

The Fitch rating

On 30 November 2011, Banca IFIS disclosed that it did not wish to renew the contract with Fitch Ratings Ltd. concerning ratings on the issuer. This choice was made following Banca IFIS’ decision not to plan any issue of debt securities, for which a rating on the issuer is required, in the near future.