

| BANCA MONTE DEI PASCHI DI SIENA SPA | 24/11/2016 EGM | |
|---|---|---|
| E.1 | Reduce Share Capital to Cover Losses | Abstain |
| E.2 | Approve Share Consolidation | For |
| E.3 | Issue Shares for Cash | For |
| O.1 | Approve Issue of Shares for Contribution in Kind | For |
| O.2 | Elect Marco Morelli | Oppose |
| O.3 | Elect a Director | Abstain |
| O.4 | Elect Chairman (and Deputy Chairman, if necessary) | Abstain |