Page 114 - Consolidated Non Financial Statement

processing and transmission of non-financial data and information to the management
responsible for the preparation of the DNF.

Furthermore, at group level, for significant information, considering the Group activities and
characteristics:
- at Group level:
a) with reference to the qualitative information included in the DNF, and in particular to
the business model, policies implemented and main risks, we carried out inquiries and
acquired supporting documentation to verify its consistency with the available evidence;
b) with reference to quantitative information, we have performed both analytical
procedures and limited assurance procedures to ascertain on a sample basis the correct
aggregation of data.
- with specific reference to Banca Ifis S.p.A., we have carried out verification activities
during which we have had discussions with management and we have obtained evidence
about the appropriate application of the procedures and the calculation methods used to
determine the indicators.

Conclusion

Based on the procedures performed, nothing has come to our attention that causes us to believe that
the DNF of the Banca IFIS Group for the year ended on 31 December 2020 has not been prepared, in all
material aspects, in accordance with the requirements of articles 3 and 4 of the Decree and the “Global
Reporting Initiative Sustainability Reporting Standards” published in 2016 by GRI - Global Reporting
Initiative (“GRI Standards”).

Verona – March 30, 2021

EY S.p.A.
Signed by: Marco Bozzola, Partner

This report has been translated into the English language solely for the convenience of international
readers.