Prospectus UBI Banca Covered Bond Programme

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Prospectus support and services provided, directly or indirectly through its subsidiaries, by its parent company, UBI Banca, and offers and sells products and services developed at parent bank level. It has a sales model divided up according to market segment: Retail (predominant activity of the Bank), Corporate and Private. Because of the wide range of product companies within the UBI Group, Banca Popolare di Ancona is able to offer services and products which are both customised and evolved over time, and which are aimed at satisfying the needs of different kinds of customers. Lending Composition of loans to customers (in thousand Euro) 31.12.2008 % 31.12.2007 % Current accounts .......................................................................................... 1,805,042 23.31 1,773,761 23.57 Mortgage loans and other medium to long-term financing........................... 4,207,622 54.33 4,169,765 55.42 Credit cards, personal loans and salary-backed loans................................... 32,644 0.42 196,318 2.61 Debt securities ............................................................................................. 7,662 0.10 11,278 0.15 Impaired assets............................................................................................. 355,665 4.59 248,761 3.31 TOTAL ....................................................................................................... 7,744,033 100.00 7,523,958 100.00 Residential mortgages represent approximately 24.1 per cent. of the item "Mortgage loans and other medium to long-term financing". Defaulted and problem loans The following table shows a breakdown of the Bank's loans as at 31 December 2008 and 2007. Loans to customers as at 31 December 2008 Gross exposure % Total net impairment losses Net exposure % Deteriorated loans....................................................................... 573,303 7.14 (217,638) 355,665 4.59 Non-performing loans................................................................... 307,698 3.83 (182,771) 124,927 1.61 Impaired loans .............................................................................. 234,332 2.92 (33,162) 201,170 2.60 Restructured loans......................................................................... — — — — — Past due loans ............................................................................... 31,273 0.39 (1,705) 29,568 0.38 Performing loans......................................................................... 7,451,602 92.86 (63,234) 7,388,368 95.41 of which: Unguaranteed loans to countries at risk........................ 4 0.00 — 4 0.00 TOTAL ........................................................................................ 8,024,905 100.00 (280,872) 7,744,033 100.00 Loans to customers as at 31 December 2007 Figures in thousands of Euro Gross exposure % Total net impairment losses Net exposure % Deteriorated loans....................................................................... 403,100 5.22 (154,338) 248,761 3.31 Non-performing loans................................................................... 247,361 3.20 (139,875) 107,486 1.43 Impaired loans .............................................................................. 106,902 1.38 (12,759) 94,143 1.25 Restructured loans......................................................................... — — — — — Past due loans ............................................................................... 48,837 0.63 (1,704) 47,133 0.63 Performing loans......................................................................... 7,323,933 94.78 (48,737) 7,275,196 96.69 of which: Unguaranteed loans to countries at risk........................ 1,893 0.02 (7) 1,886 0.03 TOTAL ........................................................................................ 7,727,033 100.00 (203,075) 7,523,958 100.00 Funding The following table presents the sources of the Bank's funding from customers as at 31 December 2008 and 2007. Direct funding from customers Figures in thousands of Euro 31.12.2008 % 31.12.2007 % Due to customers .......................................................................................... 4,240,925 49.73 4,434,483 61.59 Securities in issue.......................................................................................... 4,286,704 50.27 2,765,672 38.41 TOTAL ........................................................................................................ 8.527.629 100,00 7,200,154 100.00 - 136 -
Prospectus Detail of amounts due to customers 31.12.2008 % 31.12.2007 % Current accounts and deposits........................................................................ 4.007.429 94,49 4,177,806 94.21 Time deposits................................................................................................. 3.847 0,09 25 0.00 Financing ....................................................................................................... 155.230 3,66 225,463 5.08 Financial leasing ............................................................................................ 1.047 0,02 1,615 0.04 Other.............................................................................................................. 154.183 3,64 223,848 5.05 Other payables ............................................................................................... 74.419 1,75 31,189 0.70 TOTAL ......................................................................................................... 4.240.925 100,00 4,434,483 100.00 Management Banca Popolare di Ancona 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 Banca Popolare di Ancona, the Board of Directors has also set up an Executive Committee, to which it has delegated certain powers. In addition, Banca Popolare di Ancona 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 Banca Popolare di Ancona consists of between members and is currently composed of the following persons: Name Corrado Mariotti( * ) ..................................................................................................................................... Antonio Martinez( * ) .................................................................................................................................... Pietro Paolo Petrelli( * ) ................................................................................................................................ Giampiero Auletta Armenise( * ) .................................................................................................................. Salvatore Fortuna........................................................................................................................................ Rodolfo Giampieri ...................................................................................................................................... Pierangelo Gramignola( * )............................................................................................................................ Paolo Leonardi............................................................................................................................................ Enrico Loccioni .......................................................................................................................................... Silvio Mantovani( * )..................................................................................................................................... Argilio Mattioli........................................................................................................................................... Graziano Pambianchi.................................................................................................................................. Piero Peppucci ............................................................................................................................................ Renato Picciaiola ........................................................................................................................................ Andrea Pisani Massamormile ..................................................................................................................... Position Chairman Senior Deputy Chairman Deputy Chairman 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 a term of office expiring at the shareholders' meeting convened to approve the annual financial statements of Banca Popolare di Ancona as at and for the year ending 31 December 2010. Board of Statutory Auditors The following table sets out the current members of the Board of Statutory Auditors. Name Roberto Barbieri ................................................................................................................................................... Massimo Albonetti................................................................................................................................................ Maurizio Vicentini................................................................................................................................................ Giuseppe Mastri.................................................................................................................................................... Pecuvio Rondini.................................................................................................................................................... Position Chairman Acting Auditor Acting Auditor Alternate Auditor Alternate Auditor General Management Name Luciano Goffi ....................................................................................................................................................... Alessandro Alessandrelli....................................................................................................................................... Marco Castelli....................................................................................................................................................... Position General Manager Deputy General Manager Deputy General Manager - 137 -
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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
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Prospectus TITLE III THE REPRESENTA
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Prospectus 28.6 Discretions Save as
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Prospectus 29.2.16 shall not, if in
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Prospectus 30.7 Certificates of Par
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Prospectus 32.5 Notice of waiver If
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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 and 124: Prospectus Figures in thousands of
Page 125 and 126: Prospectus Name Franco Bossoni( * )
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: Prospectus INCOME STATEMENT (In tho
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
Page 173 and 174: Prospectus in the name and on behal
Page 175 and 176: Prospectus CREDIT STRUCTURE The Cov
Page 177 and 178: Prospectus "Z" stands for the weigh
Page 179 and 180: Prospectus "Z" stands for the weigh
Page 181 and 182: Prospectus Pre-Issuer Event of Defa
Page 183 and 184: Prospectus (f) (g) (h) (i) Sixth, t
Page 185 and 186: 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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