Intesa Sanpaolo Group Presentation STRICTLY PRIVATE CONFIDENTIAL October

Intesa Sanpaolo Group Presentation STRICTLY PRIVATE & CONFIDENTIAL October, 2014

Intesa Sanpaolo Group - current positioning in Romania Company Stake Percent Sector / Activity Shareholding Intesa Sanpaolo Sp. A - 91. 47% B. C. INTESA SANPAOLO ROMANIA S. A. 100 Banking Cassa di Risparmio di Firenze Sp. A - 8. 18% ISP Holding International SA - 0. 35% INTESA SANPAOLO LEASING ROMANIA IFN S. A. 100 ISPRO – 99, 49% Leasing CIB Leasing – 0, 51% § The bank is present in most of the regions of the country covering with its network of branches the entire financial range of products needed by both corporate and retail customers. § Total branches: 44 § Total agencies: 32 Units: 76 (February 2014) § Rank: 16 (out of 40 banks, asset wise) § Total Assets: € 1, 13 bln § Clients: 79. 354 § Employees: 823 § LEGAL LENDING LIMIT: € 20 mln 2

Banca IMI is an effective gateway to international institutional investors Americas Europe § London Sales Team covering Pan. European Institutional Clients § New York Sales Team covering US and Latin-American Clients Banca IMI has the deepest coverage of the domestic Italian investor base and one of the largest pools of investors in Continental Europe § Milan Sales Team covering Banca IMI’s core Institutional Clients CEEMEA § Banca IMI covers more than 170 accounts in the US and 350 across Europe* § Additional EM sales staff covers dedicated EM funds only: c. 100 accounts in Europe and c. 50 in the US *including EM accounts 3

Banca IMI selected corporate DCM credentials EUR 300 M 8 yr Floating EUR 300 M 7 yr 3. 000% EUR 750 M 5 yr 1. 750% EUR 600 M 10 yr 3, 000% EUR 500 M 10 yr 2. 375% Green bond EUR 1, 200 M 6 yr 1. 375% EUR 1, 300 M 12 yr 2. 365% Joint Lead Manager & Bookrunner Joint Lead Manager & Bookrunner August 2014 July 2014 June 2014 May 2014 USD 750 n 10 y 3. 375% USD 2. 25 bn 30 y 4. 5% EUR 500 M 5 yr 2. 250% EUR 1000 M Perpetual 5. 000 % EUR 1000 M Perpetual 4. 125% GBP 750 M Perpetual 5. 875% EUR 600 M 10 yr 3. 250% EUR 600 M 10 yr 2. 950% Co-Manager Joint Lead Manager & Bookrunner March 2014 January 2014 EUR 1. 000 M 61 NC 6 yr 5. 000% EUR 1. 000 M 15 yr 3. 625% EUR 500 M Long 8 yr 3. 625% Joint Lead Manager & Bookrunner Joint Lead Manager & Bookrunner January 2014 December 2013 October 2013 EUR 1, 000 M 5 yr 1. 625% EUR 1, 000 M 10 yr 2. 625% EUR 500 M 7. 5 yr 3. 500% EUR 500 M 10 yr 3. 000% EUR 500 M long 8 yr 3. 000% EUR 1. 250 M 60 yr NC 54 m 6, 500% EUR 500 M 6 yr 3. 000% GBP 1250 M 6. 000% PNC 13 EUR 1250 M 4. 250 % PNC 7 EUR 1250 M 5. 375% PNC 12 Joint Lead Manager & Bookrunner Joint Lead Manager & Bookrunner October 2013 September 2013 July 2013 January 2013 4

Intesa Sanpaolo Project & Industry Specialised Lending: selected credentials in the Energy & Power sector §Refinancing of the existing financial indebtedness through bank §The Project will consist of 4 separate trains that will achieve lines and bonds issuance EUR 1, 75 BN Refinancing of the existing financial indebtedness through bank lines and bonds issuance §Sponsor: F 2 i, ARDIAN §Tenor: 5 years §Role: MLA, Facility Agent and Joint Bookrunner §Total Debt: EUR 1. 750 M § Banca IMI Commitment: EUR 275 M substantial completion in 2017 -2018 with an annual aggregate production capacity of 834, 000 MMBtu USD 6 BN Financing the construction and operation of the Sabine Pass natural gas Liquefaction Facility MLA, Facility Agent , Joint Bookrunner in the bonds issuance Joint Lead Arranger and joint Bookrunner Italy 2014 USA 2013 Financing the Acquisition of the residual 14, 8% stake in Enel Rete Gas EUR 520 M Emergency Reserves Acquisition Mandated Lead Arranger and Agent Bookrunner & Mandated Lead Arranger Italy 2013 Slovak Republic 2013 §Financing of a portion of the acquisition of Edipower Sp. A by Delmi Sp. A and refinancing of Edipower’s existing indebtness EUR 1. 2 BN Acquisition of Edipower by Delmi Sp. A and refinancing of Edipower Agent, Mandated Lead Arranger & Documentation Bank Italy 2012 § § § Sponsors: Delmi Sp. A, A 2 A Sp. A and Iren Sp. A Tenor: 5 years Role: Agent, Mandated Lead Arranger and Documentation Bank Total Debt: EUR 1. 2 BN Banca IMI Commitment: EUR 200 M §Tenor: 15 years §Role: Joint Lead Arranger and joint Bookrunner § Total Debt: USD 6 BN § Intesa Sanpaolo Commitment: USD 400 M and petroleum products stake in Enel Rete Gas EUR 210 M Energy (60%) and Blacksone (32%)) §Financing for the acquisition of emergency reserves of crude oil §The Project will consist of the Acquisition of the residual 14, 8% §Sponsor: F 2 i, Ardian (former AXA Private Equity) §Tenor: 5 years §Role: Agent, MLA § Total Debt: EUR 210 MLN § Banca IMI Commitment: EUR 35 M §America’s Deal of the Year (IFR) §Sponsor: Cheniere Energy Partners (owned by Cheniere EUR 9 BN Refinancing of SNAM Sp. A intercompany debt post ENI disposal § § § Sponsor: Emergency Oil Stocks Agency Tenor: 2 years Role: Bookrunner and Mandated Lead Arranger Total Debt: EUR 520 M Banca IMI Commitment: EUR 130 M §Refinancing of SNAM Sp. A intercompany debt post ENI disposal §EMEA Loan of the Year (IFR) §Sponsor: SNAM Sp. A §Tenor: 5 years §Role: Mandated Lead Arranger and Bookrunner § Total Debt: EUR 9 BN § Intesa Sanpaolo Commitment: EUR 800 M Mandated Lead Arranger and Bookrunner Italy 2012 5

Disclaimer § All information, estimates, assumptions, projections contained in this presentation are based on publicly available documents and data, and have not been independently verified by Intesa Sanpaolo; such informative set is supplied merely to the purpose of preliminary discussions of the issues addressed herein and the related possible project § Intesa Sanpaolo is not liable as to accuracy, completeness and correctness of the above-mentioned data, although it has used all due attention and care in setting up and reporting information and estimates contained in this presentation § Therefore Intesa Sanpaolo shall not have any responsibility whatsoever, direct or indirect, and does not make any representation or warranty, express or implied, with reference to any information contained in this document; similarly, Intesa Sanpaolo disclaims any and all liabilities for any decision about the issues addressed herein or about the implementation of the related possible project § This Document does not constitute or contain investment advice. It is not and shall not be construed as an offer, invitation, recommendation or solicitation to sell, issue, purchase or subscribe for any securities in any jurisdiction, or to enter into any transaction § This document, and the information herein, is strictly confidential and intended for the exclusive use of the recipients to which it is supplied, in connection with the above mentioned preliminary discussions. The document and the related information, data, assumptions, estimates shall not be used for other purposes or, without the prior written consent of Intesa Sanpaolo, distributed, disclosed or supplied to third parties (unless required under statutory provisions in force), or reproduced or considered other than as a whole. § © 2014 Intesa Sanpaolo; all rights reserved 6