Press Release Price Sensitive

BHW Bausparkasse and Cerved Credit Management extend their industrial partnership

Bolzano, 28 June 2017 – Today BHW Bausparkasse AG – Italian branch, headquartered in Bolzano, part of the German banking group BHW Bausparkasse AG, in turn part of the German banking group Deutsche Postbank AG), and Cerved Credit Management Group, subsidiary of Cerved Information Solutions S.p.A. (CERV:IM) – parent holding company of Cerved Group S.p.A., the largest information provider and credit servicer in Italy – have finalised an agreement to extend their long-term industrial partnership for the management of non-performing loans in order to include also support and administrative activities (accounting, legal, claims, signaling and reporting) on a portfolio of performing, sub-performing and non-performing loans for approximately 1.5 billion Euros.