UBI Banca’s governance model takes account of the following: measures and principles governing listed issuers contained in the Consolidated Finance Act and the relative regulations issued to implement it by the Consob (Italian securities market authority), legislation and regulations governing banks – with particular reference to the specific legislation for “popular” banks – contained in the Consolidated Banking Act; the Corporate Governance Code for Listed Companies issued by Borsa Italiana Spa (hereinafter the Corporate Governance Code).