Verona, 20 April 2016

Today, the Board of Directors of Cattolica Assicurazioni assigned the corporate offices to the directors elected by the Shareholders' Meeting of 16 April 2016.

Paolo Bedoni was appointed Chairman, Giovan Battista Mazzucchelli was appointed Chief Executive Officer, Aldo Poli was appointed as Acting Deputy Chairman, Manfredo Turchetti was appointed as Deputy Chairman and Alessandro Lai was appointed as Board Secretary. Barbara Blasevich and Pilade Riello were appointed as Members of the Executive Committee; Giovanni Maccagnani, as Chairman, Bettina Campedelli and Paola Ferroli were appointed as members of the Related Parties Committee¹ .

Moreover, the Board of Directors, resolved upon the binding commitment to participating in the alternative investment fund, Atlante, which will be created and managed by Quaestio Capital Management SGR S.p.A, for a maximum contribution of up to € 40 million. The Board has positively evaluated the Atlante Fund project which aims to support Italian banks to deconsolidate bad loans (“sofferenze”) and to ensure a positive outcome of the recapitalisation required to some banks by the Supervisory Authority.

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1 You are hereby reminded that the elected Directors Paolo Bedoni, Aldo Poli, Barbara Blasevich, Pilade Riello, Bettina Campedelli, Paola Ferroli, Giovanni Maccagnani, Luigi Mion, Luigi Baraggia, Lisa Ferrarini, Paola Grossi, Alessandro Lai, Carlo Napoleoni, Angelo Nardi e Eugenio Vanda possess the independence requisites envisaged by the combined provisions as per Articles 147 ter, section 4 and 148.3 of Italian Legislative Decree No. 58/1998 (Consolidated Finance Law). Furthermore, the directors Bettina Campedelli, Paola Ferroli, Giovanni Maccagnani, Luigi Mion, Luigi Baraggia, Lisa Ferrarini, Alessandro Lai, Angelo Nardi ed Eugenio Vanda have declared possession of the independence requisites envisaged by Borsa Italiana S.p.A.’s Code of Conduct. The curriculum vitae and the declarations by means of which the individuals elected accepted their candidature and declared possession of the requisites envisaged by the law and the Articles of Association, the eventual possession of the independence requisites and the absence of causes of incompatibility and ineligibility are available on the Company website www.cattolica.it (in the Corporate Governance - shareholders’ meeting section)