On the occasion of the meeting held on 1 March 2019, the Board of Directors of Banca Sistema S.p.A. approved the "Corporate Governance and Ownership Structures Report of Banca Sistema S.p.A. - 2018" which provides a comparison of the corporate governance system adopted by the Bank under the corporate governance rules and laws, and applicable to those companies whose shares are listed on a regulated market organized and managed by Borsa Italiana S.p.A., as well as under the provisions of the Code of Conduct prepared by the Corporate Governance Committee of Borsa Italiana.