Prospectus UBI Banca Covered Bond Programme

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Prospectus Loans to customers as at 31 December 2008 Figures in thousands of Euro Gross exposure % Total net impairment losses Net exposure % Past due loans ........................................................................... 30,112 0.21 (1,690) 28,422 0.20 Performing loans..................................................................... 14,219,112 96.89 (48,174) 14,170,938 98.01 of which: Unguaranteed loans to countries at risk.................... 3 0.00 — 3 0.00 TOTAL ................................................................... 14,676,228 100.00 (218,144) 14,458,084 100.00 Loans to customers as at 31 December 2007 Figures in thousands of Euro Gross exposure % Total net impairment losses Net exposure % Deteriorated loans.................................................................. 363,344 2.44 (132,920) 230,424 1.57 Non-performing loans.............................................................. 191,041 1.28 (103,606) 87,435 0.59 Impaired loans ......................................................................... 103,765 0.70 (24,678) 79,087 0.54 Restructured loans.................................................................... 53,292 0.36 (3,535) 49,757 0.34 Past due loans .......................................................................... 15,246 0.10 (1,101) 14,145 0.10 Performing loans.................................................................... 14,525,330 97.56 (40,134) 14,485,196 98.43 of which: Unguaranteed loans to countries at risk................... 1 0.00 — 1 0.00 TOTAL ................................................................... 14,888,674 100.00 (173,054) 14,715,620 100.00 Funding Banco di Brescia's principal sources of funding are as follows. Direct funding from customers Figures in thousands of Euro 31.12.2008 % 31.12.2007 % Due to customers ............................................................................................. 10,028,624 57.95 9,321,110 68.38 Securities in issue............................................................................................. 7,277,284 42.05 4,310,267 31.62 TOTAL ....................................................................................... 17,305,908 100.00 13,631,377 100.00 Detail of Amounts due to customers Figures in thousands of Euro 31.12.2008 % 31.12.2007 % Current accounts and deposits.......................................................................... 7,855,842 78.33 7,287,874 78.19 Time deposits................................................................................................... 333,662 3.33 677,544 7.27 Funds administered on behalf of public bodies ................................................ 133 — 78 — Financing ......................................................................................................... 1,727,743 17.22 1,247,094 13.38 (a) Financial leasing ...................................................................................... 881 — 978 0.01 (b) Other......................................................................................................... 1,726,862 — 1,246,116 13.37 Other payables ................................................................................................. 111,244 1.11 108,520 1.16 TOTAL ...................................................................................... 10,028,624 100.0 9,321,110 100.0 Management Banco di Brescia is managed by the Board of Directors, appointed by the general meeting of shareholders. The Board of Directors appoints the General Manager, who manages the day-to-day operations of the bank. In accordance with the by-Laws of Banco di Brescia, the Board of Directors has also set up an Executive Committee, to which it can delegate certain powers. In addition, Banco di Brescia is required to have a Board of Statutory Auditors, who verify that the company complies with applicable laws and its by-Laws, and the principles of correct administration, and that it maintains an adequate organisational structure, internal controls and administrative and accounting systems. Board of Directors The Board of Directors of Banco di Brescia consists of between fifteen and nineteen members and is currently composed of the following persons: Name Gino Trombi( * ) ................................................................................................................................... Pierfrancesco Rampinelli Rota( * )........................................................................................................ Antonio Spada( * )................................................................................................................................. Francesco Bettoni ............................................................................................................................... Position Chairman Deputy Chairman Director and Secretary of the Board Director - 124 -
Prospectus Name Franco Bossoni( * ) ............................................................................................................................... Giuseppe Camadini............................................................................................................................. Gaudenzio Cattaneo( * ) ........................................................................................................................ Giorgio Franceschi.............................................................................................................................. Stefano Gianotti.................................................................................................................................. Andrea Gibellini ................................................................................................................................. Pierangelo Gramignola ....................................................................................................................... Victor Massiah.................................................................................................................................... Giambattista Montini .......................................................................................................................... Francesco Passerini Glazel.................................................................................................................. Flavio Pizzini( * ) .................................................................................................................................. Franco Polotti( * ).................................................................................................................................. Gianfederico Soncini .......................................................................................................................... Position Director Director Director Director Director Director Director Director Director Director Director Director Director ( * ) Member of Executive Committee. The present Board of Directors has been appointed for the 2008 2009 2010 financial years. Board of Statutory Auditors The following table sets out the composition of the Board of Statutory Auditors. Name Paolo Golia ......................................................................................................................................... Eugenio Ballerio ................................................................................................................................. Antonio Angelo Bertoni...................................................................................................................... Alessandro Masetti Zannini ................................................................................................................ Antonio Minervini .............................................................................................................................. Primo Cancarini.................................................................................................................................. Guido Piccinelli .................................................................................................................................. Position Chairman Acting Auditor Acting Auditor Acting Auditor Acting Auditor Alternate Auditor Alternate Auditor General Management Name Costantino Vitali................................................................................................................................. Massimo Lucidi .................................................................................................................................. Position General Manager Deputy General Manager Auditors The current independent auditors of Banco di Brescia are Reconta Ernst & Young S.p.A., who have been appointed by the General Meeting of Shareholders of 11 April 2007 to audit the bank's financial statements for a period ending 31 December 2012. Subsidiaries and associated companies Banco di Brescia has a 8.7156 per cent. shareholding in Banca di Valle Camonica S.p.A., a 3.3467 per cent. shareholding in UBI Banca International S.A. and a 4 per cent shareholding in UBI Sistemi e Servizi S.c.p.A. All the aforementioned companies belong to UBI Banca Group. Banco di Brescia has no subsidiaries and no other significant shareholdings in other companies. Share capital and shareholders As at 31 December 2008, Banco di Brescia had an issued and fully paid-up share capital of Euro593,300,000, consisting of 872,500,000 ordinary shares with a nominal value of Euro0.68 each. Banco di Brescia's shares are unlisted and are wholly owned by UBI Banca. Employees As at 31 December 2008, Banco di Brescia had 2,706 employees, compared to 2,726 employees as at the previous year end. - 125 -
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Prospectus UNIONE DI BANCHE ITALIAN
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Prospectus Figures included in this
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Prospectus INFORMATION INCORPORATED
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Prospectus SUPPLEMENTS, FINAL TERMS
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Prospectus Structure Overview • P
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Prospectus on any Interest Payment
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Prospectus the Conditions and the D
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Prospectus deferral will occur auto
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Prospectus AAA Aaa AAA Governing La
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Prospectus Guarantee in respect of
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Prospectus of each individual Cover
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Prospectus Securitisation and Cover
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Prospectus securities. Generally, t
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Prospectus Catastrophic events, ter
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Prospectus Reliance on Swap Provide
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Prospectus There is no guarantee th
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Prospectus • the right to request
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Prospectus (e) Monte Titoli Mandate
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Prospectus "Calculation Agent" mean
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Prospectus "D 1 " is the first cale
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Prospectus (ii) (iii) (iv) (v) an a
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Prospectus "Optional Redemption Dat
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Prospectus "Relevant Dealer(s) " me
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Prospectus 4. Status and Guarantee
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Prospectus (d) ISDA Determination I
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Prospectus (b) Extension of maturit
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Prospectus Bondholder. Once deposit
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Prospectus withheld or assessed by
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Prospectus (v) Invalidity of the Co
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Prospectus all respects except for
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Prospectus 1. GENERAL RULES OF THE
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Prospectus "Voter" means, in relati
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Prospectus 5. VALIDITY OF BLOCK VOT
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Prospectus where applicable, modifi
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Prospectus 15.2 The Chairman and a
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Prospectus Removal and Remuneration
Page 73 and 74: Prospectus TITLE III THE REPRESENTA
Page 75 and 76: Prospectus 28.6 Discretions Save as
Page 77 and 78: Prospectus 29.2.16 shall not, if in
Page 79 and 80: Prospectus 30.7 Certificates of Par
Page 81 and 82: Prospectus 32.5 Notice of waiver If
Page 83 and 84: Prospectus FORM OF FINAL TERMS Set
Page 85 and 86: Prospectus [Instalment] [The Covere
Page 87 and 88: Prospectus (xv) Fall back provision
Page 89 and 90: Prospectus (i) Optional Redemption
Page 91 and 92: Prospectus These Final Terms compri
Page 93 and 94: Prospectus 5. [Fixed Rate Covered B
Page 95 and 96: Prospectus USE OF PROCEEDS The net
Page 97 and 98: Prospectus Calabria, Vibo Valentia,
Page 99 and 100: Prospectus (ix) a banking network o
Page 101 and 102: Prospectus The actual Supervisory B
Page 103 and 104: Prospectus Name Position Principal
Page 105 and 106: Prospectus The Supervisory Board al
Page 107 and 108: Prospectus General Management Name
Page 109 and 110: Prospectus approvals from CONSOB an
Page 111 and 112: Prospectus (thousands of Euro) UNIO
Page 113 and 114: Prospectus (thousands of Euro) UNIO
Page 115 and 116: Prospectus Defaulted and problem lo
Page 117 and 118: Prospectus Introduction THE GUARANT
Page 119 and 120: Prospectus Banca Popolare di Bergam
Page 121 and 122: Prospectus ( * ) Member of Executiv
Page 123: Prospectus Figures in thousands of
Page 127 and 128: Prospectus (In thousands of Euro) 3
Page 129 and 130: Prospectus of the bank. In accordan
Page 133 and 134: Prospectus Management Banca Regiona
Page 135 and 136: Prospectus INCOME STATEMENT (In tho
Page 137 and 138: Prospectus Detail of amounts due to
Page 141 and 142: Prospectus Funding Banca Carime's p
Page 145 and 146: Prospectus Funding Banca di Valle C
Page 149 and 150: Prospectus Direct funding from cust
Page 153 and 154: Prospectus Direct funding from cust
Page 157 and 158: Prospectus Loans to customers as at
Page 159 and 160: Prospectus Covered Bond Guarantee S
Page 161 and 162: Prospectus Master Loans Purchase Ag
Page 163 and 164: Prospectus Master Servicer shall al
Page 165 and 166: Prospectus receive instructions fro
Page 167 and 168: Prospectus notice substantially in
Page 169 and 170: Prospectus price reasonably availab
Page 171 and 172: Prospectus Rating Downgrade Event U
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Prospectus CREDIT STRUCTURE The Cov
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Prospectus "Z" stands for the weigh
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Prospectus "Z" stands for the weigh
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Prospectus Pre-Issuer Event of Defa
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Prospectus (f) (g) (h) (i) Sixth, t
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Prospectus • the payment of which
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Prospectus DESCRIPTION OF CERTAIN R
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Prospectus The issuing bank The Ban
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Prospectus and the Covered Bond Gua
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Prospectus Finally the Prepayment P
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Prospectus authorised intermediary,
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Prospectus Where an Italian residen
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Prospectus terminate at the end of
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Prospectus and (3) an annual net tu
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Prospectus Listing and Admission to
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Prospectus GLOSSARY "Accounts" mean
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Prospectus "Commercial Mortgage Loa
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Prospectus guarantee) by an entity
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Prospectus "Initial Portfolio" mean
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Prospectus "Luxembourg BdB Interest
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Prospectus "Post-Enforcement Priori
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Prospectus "Representative of the C
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Prospectus "Transfer Date" means: (
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Prospectus PRINCIPAL PAYING AGENT T
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Prospectus UBI Banca Covered Bond Programme

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