Press release

At a meeting held today, the Board of Mediobanca:

• ascertained, confirming the declarations made by each of the persons concerned, that the following Directors qualify as independent under the terms of Article 148, para. 3 of Italian Legislative Decree 58/98: Dieter Rampl, Marco Tronchetti Provera, Tarak Ben Ammar, Gilberto Benetton, Pier Silvio Berlusconi, Roberto Bertazzoni, Angelo Casò, Christian Collin, Alessandro Decio, Bruno Ermolli, Anne Marie Idrac, Vanessa Labérenne, Elisabetta Magistretti, Alberto Pecci, Carlo Pesenti, Fabio Roversi Monaco and Eric Strutz, as well as all members of the Statutory Audit Committee;

• ascertained, confirming the declarations made by each of the persons concerned, that the following Directors qualify as independent under the terms of the Code of conduct in respect of listed companies: Tarak Ben Ammar, Roberto Bertazzoni, Angelo Casò, Bruno Ermolli, Anne Marie Idrac, Vanessa Labérenne, Elisabetta Magistretti, Dieter Rampl, Fabio Roversi Monaco and Eric Strutz.

With reference to Angelo Casò, the Board of Directors, based among other things, on an independent opinion, confirmed his independence including in relation to his post as Chairman of the Parties to the “Mediobanca shareholders’ agreement”, bearing in mind, inter alia, that this position involves being vested with powers that are basically administrative and organizational.

Milan, 20 December 2012