Following the Ordinary Shareholders’ Meeting held on 29^th April, SIA’s Board of Directors – meeting yesterday under the chairmanship of Giuliano Asperti – has appointed Massimo Sarmi as Deputy Chairman and has confirmed Nicola Cordone as Chief Executive Officer of the company.

Massimo Sarmi was also appointed President of the Development Committee and Member of the Remuneration Committee of SIA, replacing Marco Lucchini who has resigned.

The powers already granted to CEO Nicola Cordone in the Meeting of the Board of Directors of 29^th November 2018 have been confirmed.

SIA’s Board of Directors is thus made up as follows:

Giuliano Asperti              Chairman

Massimo Sarmi               Deputy Chairman

Nicola Cordone               Chief Executive Officer

Fabio Albano                   Director

Alessandro Garofalo        Director

Federico Giordano           Director

Salvatore Poloni              Director

Giacomo Riccitelli            Director

Guido Rivolta                  Director

Francesco Silva               Director

Valerio Zappalà               Director

SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and the Public Sector, in the areas of payments, cards, network services and capital markets. SIA Group provides its services in 50 countries, and also operates through its subsidiaries in Austria, Croatia, Czech Republic, Germany, Greece, Hungary, Romania, Serbia, Slovakia and South Africa. The company also has branches in Belgium and the Netherlands, and representation offices in the UK and Poland.

In 2018, SIA managed 14 billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions and carried 1,204 terabytes of data on the network.

The Group, which currently has over 3,400 employees, closed 2018 with revenues of €614.8 million.