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Undisputed Italian banking leader of European scale
Figures as at 30 June 2007
(1) Bank of Italy criteria
The Leader in Italy
� Undisputed leader in all segments with a market share of ~20% in customer loans and deposits
� Clear leadership in most attractive products
� Strong capital base and best in class asset quality
Unique Customer Reach
� Largest domestic network: 6,282 branches, ~18%(1) market share and ~10.5 million clients
� Best branch footprint making the Group truly nationwide: market share >15%(1) in 15 regions out of 20
� High penetration of local markets: market share <5%(1) only in 7 provinces out of 103
� Particular strength in the wealthiest areas of Italy: strong retail presence covering more than 70% of Italian household wealth
Strategic International
Presence
� Selected retail banking presence in Central and Eastern Europe and in the Mediterranean Basin reaching ~7 million clients in 12 countries through more than 1,200 branches
� International network with a presence in 34 countries to support cross-border activities of corporate customers
4
A partner for growth
Clients
� A true “local” bank in all Italian regions with unrivalled retail presence
� Enhanced product and service offering as result of new investments in technology and
product innovation
� Even more competitive pricing for clients in some products thanks to cost efficiencies
Shareholders
� Modern governance rules ensuring fair representation of all Shareholders and effective
management
� Ordinary payout of over 60% while maintaining a sound capital base
� Possibility to return excess capital to shareholders
Employees
� Professional growth opportunities for all employees
� Stimulating and transparent environment where merit is rewarded
� Creation of an industry leader, able to attract and retain talent
Society and
Environment
� An important growth engine for the countries where the Group operates, particularly
Italy, able to promote infrastructure development initiatives and the main business
projects of Italian corporates at home and abroad
� Great attention to the specific needs of all segments of society and promotion of
financial inclusion (i.e. immigrants, young people, non-profit entities, etc.)
� Strong commitment to environment protection and to strengthening of sustainable
local community development
5
The Group at a glance
Figures as at 30 June 2007
(1) Including Net Income(2) Adjusted excluding capital gains on the sales of Cariparma, FriulAdria and 29 branches, non-recurring recoveries on the allowance for “TFR”, non-recurring integration charges,
capital loss on the sale of one third of the stake in Santander and amortisation of the cost of the merger(3) As at 1 October 2007
~17.5 million Customers
Total Assets: €603,105m
Shareholders’ Equity (1): €52,806m
Market Capitalisation(3): €70.4bn
~10.5 million in Italy
~7 million abroad
7,536Branches
6,282 in Italy
1,254 abroad
Loans to Customers: €332,519m
Direct Customer Deposits: €374,427m Intesa Sanpaolo
Ratings
Moody’s Standard & Poor’s Fitch
Aa2Long term AA- AA-
P-1Short term A-1+ F1+
1H07 Net Income: €5,359m€2,630m(2)
6
Leadership in Italy built on long-standing relationships with customers
Figures as at 30 June 2007(1) As at 31 March 2007
(2) As at 31 December 2006(3) Mutual funds, including assets under management of CAAM (65% Crédit Agricole – 35% Intesa Sanpaolo Group)
Ranking in Italy
32.0%
30.2%
27.2%
23.2%
21.3%
20.2%
19.6%
Pension Funds
Asset Management
Foreign Trade
Factoring
Bancassurance
Deposits
Loans
(1)
1
1
1
1
1
1
1
(3)
(2)
(1)
7
152.9
85.2
81.7
78.1
71.9
71.5
70.6
61.6
58.1
56.5
54.9
49.0
47.7
44.6
44.6
70.4
HSBC
Santander
UniCredit Group
UBS
BNP Paribas
Royal Bank of Scotland
ABN Amro
Intesa Sanpaolo
BBVA
Barclays
Credit Suisse
Société Générale
HBOS
Deutsche Bank
LLOYDS
Crédit Agricole
European scale
EurozoneRanking
Source: BloombergPrices as at 1 October 2007
Banks’ Market Capitalisation (€bn)
1
2
4
5
3
6
7
8
9
8
Corporate Governance
Giovanni Bazoli ChairmanAntoine Bernheim Deputy ChairmanRodolfo Zich Deputy Chairman (1)
Carlo Barel di Sant’Albano MemberPio Bussolotto MemberRosalba Casiraghi (*) Member (1) (2)
Giovanni Costa Member (1)
Franco Dalla Sega Member (1) (2)
Gianluca Ferrero Member (1) (2)
Angelo Ferro Member (1) (2)
Pietro Garibaldi Member (1)
Fabrizio Gianni Member (1) (2)
Giulio Lubatti Member (1) (2)
Giuseppe Mazzarello Member (1)
Eugenio Pavarani Member (1) (2)
Gianluca Ponzellini Member (1) (2)
Gianguido Sacchi Morsiani Member (1)
Ferdinando Targetti Member (1)
Livio Torio Member (1) (2)
Supervisory BoardSupervisory Board
Figures as at 15 May 2007(1) Independence requirements as set forth by the Corporate Governance Code
(2) Enrolment with the Register of Auditors and Practice in the legal audit of accounts(*) Representative of the Minority List(**) Established within the Supervisory Board
Nomination Committee Nomination Committee ((****))
Giovanni Bazoli Chairman Angelo Ferro Member (1) (2)
Fabrizio Gianni Member (1) (2)
Giuseppe Mazzarello Member (1)
Rodolfo Zich Member (1)
Remuneration Committee Remuneration Committee ((****))
Gianluca Ponzellini Chairman (1) (2)
Giulio Lubatti Member (1) (2)
Eugenio Pavarani Member (1) (2)
Enrico Salza ChairmanOrazio Rossi Deputy ChairmanCorrado Passera Managing Director and CEOElio Catania MemberGiuseppe Fontana MemberGianluigi Garrino MemberGiovanni Battista Limonta MemberVirgilio Marrone MemberEmilio Ottolenghi MemberGiovanni Perissinotto MemberMarcello Sala Member
Management BoardManagement Board
Giulio Lubatti Chairman (1) (2)
Rosalba Casiraghi Member (1) (2)
Pietro Garibaldi Member (1)
Gianluca Ponzellini Member (1) (2)
Livio Torio Member (1) (2)
Control Committee Control Committee ((****))
Giovanni Bazoli ChairmanCarlo Barel di Sant’Albano MemberAntoine Bernheim MemberPio Bussolotto MemberRodolfo Zich Member (1)
Strategy Committee Strategy Committee ((****))
Eugenio Pavarani Chairman (1) (2)
Giovanni Costa Member (1)
Gianluca Ferrero Member (1) (2)
Gianguido Sacchi Morsiani Member (1)
Ferdinando Targetti Member (1)
Financial Statements Committee Financial Statements Committee ((****))
9
A customer-oriented organisation
(*) Domestic Retail
Direzioni Centrali
Direzioni Centrali
Parent Company’s Organisational Units
Subsidiaries
Corporate andInvestment
BankingDivision
Gaetano Miccichè
Banca dei TerritoriDivision (*)
Pietro Modiano(GM Deputy to the CEO)
InternationalSubsidiary Banks
Division
Giovanni Boccolini
EurizonCapital
Francis Candylaftis
Managing Director and
CEO
Head OfficeDepartments
Corrado Passera (a.i.)
GroupFinance
Corrado Passera
BancaFideuram
Matteo Colafrancesco
Banca Intesa Infrastrutture e
Sviluppo
Banca OPI
Mario Ciaccia
Public Finance
10
Head Office Departments
(*) Manager responsible for preparing the Company’s financial reports (Law 262/2005)
ResourceGovernance
Francesco Micheli(General Manager)
Human Resources and Organisation
ICT Systems
Operations
Real Estate and Procurement
Security
Value CreationGovernance
Carlo Messina
Control
Planning, Capital Management and Synergy Control
Risk Management
Credit Governance
Flavio Venturini
Lending Decisions
Lending Policies and Processes
Administration Governance
Bruno Picca (*)
Administration and Tax
Legal Affairs
Loan Recovery
Internal Auditing
Corporate Affairs
External Relations
Francesco Micheli (a.i.)
Pier Luigi Curcuruto
Maurizio Manzotti
Giulio Bellan
Giuseppe Gualtiero
Lucia Ariano
Carlo Messina (a.i.)
Davide Alfonsi
Eugenio Rossetti
Flavio Venturini (a.i.)
Ernesto Riva
Elisabetta Lunati
Stefano Marchetti
Renato Dalla Riva
Piero Luongo
Vittorio Meloni
11
The Banca dei Territori Division
Retail &SME Banking
AndreaCrovetto
Private Banking(3)
PaoloMolesini
Retail Area(1)
AndreaCrovetto
SME Area(2)
SebastianoStrumia
10.5 million
Customers
6,100
Branches
Direct ChannelsFrancescaNieddu
Product
Companies
Support and enhancement of regional brands, upgrading of local commercial positions and strengthening of relations with individuals, small businesses, SMEs and non-profit entities while deriving full synergies from a single IT and marketing & sales platform that service the whole network
Figures as at 30 June 2007(1) The Retail Area includes: Households (individual customers with financial assets up to 75,000 euro), Personal (individual customers with financial assets between 75,000 euro and
one million euro), Small Businesses (family businesses and small enterprises with a turnover under 2.5 million euro and with loan facilities under one million euro) and non-profit entities.
(2) The SME Area includes SMEs with a turnover between 2.5 million euro and 150 million euro.(3) The Private Banking includes individual customers with financial assets of over one million euro.
12
The Banca dei Territori Division
Retail & SME Banking Private Banking
Retail Area
5,600 branches dedicated to10.3 million retail customers
SME Area
300 branches dedicated to180,000 SME customers
100 specialised branches and a dedicated bank with 70
branches servicing 70,000 private customers
Product Companies
60 branches specialised in industrial credit and consumer credit
Figures as at 30 June 2007
13
Veneto 2 CR Padova e Rovigo Rinaldo Panzarini 361
Emilia CR in Bologna Giuseppe Feliziani 281
Veneto 1 Intesa Sanpaolo SpA Franco Dall’Armellina 231
Friuli Venezia Giulia CR del Friuli Venezia Giulia Roberto Dal Mas 176
Venezia CR Venezia Biagio Rapone 132
Romagna CR di Forlì e della Romagna Adriano Maestri 91
Trentino Alto Adige Banca di Trento e Bolzano Claudio Puerari 88
1,360
Retail & SME Banking Network made up of 27 Areas
The Banca dei Territori Division (1/2)
Area Bank Manager Branches
Torino and Province Intesa Sanpaolo SpA Marina Tabacco 364
Milano Provincia Intesa Sanpaolo SpA Luciano Nebbia 327
Lariano Intesa Sanpaolo SpA Pier Aldo Bauchiero 295
Milano Città Intesa Sanpaolo SpA Franco Ceruti 258
Lombardia Nord Est Intesa Sanpaolo SpA Bruno Bossina 228
Lombardia Sud Intesa Sanpaolo SpA Dario Pilla 219
Liguria Intesa Sanpaolo SpA Fausto Luotti 170
Piemonte Sud Intesa Sanpaolo SpA Giuseppe Pallotta 137
Piemonte Nord Intesa Sanpaolo SpA Cosetta Romagnoli 123
Biella e Vercelli Biverbanca* 107
2,228
North West
North East
Centre
Lazio Intesa Sanpaolo SpA Franco Gallia 342
Area Centro Intesa Casse del Centro Aldo Dante 312
Dorsale Adriatica Banca dell’Adriatico Roberto Troiani 243
Toscana - Umbria Intesa Sanpaolo SpA Carlo Berselli 142
1,039
(*) Disposal under way
Figures as at 30 June 2007
14
The Banca dei Territori Division (2/2)
Area
ITALY
Bank Manager Branches
South
Napoli and Province Banco di Napoli Antonio Nucci 318
Puglia Banco di Napoli Giuseppe Lupo 285
Campania Banco di Napoli Rosario Calabrese 217
Calabro Lucana Banco di Napoli Luigi Teolis 129
949
Islands
Sicilia Intesa Sanpaolo SpA Salvatore Immordino 200
Sardegna Intesa Sanpaolo SpA Silvio Gallo 106
306
5,882
Figures as at 30 June 2007
15
The Banca dei Territori Division
Business Field Manager
Bancassurance
Main Product Companies
Company
Marco Casu
BancassuranceJoint venture *
Erik Stattin
Consumer Credit Germano Turinetto
Industrial Credit
Carlo Stocchetti
Giancarlo Cavanna
LeasingEdoardo Bacis
Claudio Bocco
Payment Systems Claudio Pierantoni
Pension Funds Erik Stattin
Fiduciary Services
(*) Company not subject to full consolidation, but carried at equity
Saverio Perissinotto
Marco Tronconi
16
The Corporate and Investment Banking Division
Financial InstitutionsStefano Stangoni
21,000
Customers
50 Domestic
Branches
Capital Markets & Investment BankingAndrea Munari
FactoringRony Hamaui
Supporting as a “global partner” the balanced and sustainable development of corporates and financial institutions, also internationally through a specialist network of branches, representative offices and subsidiaries focused on corporate banking
Corporate Relations(1)
Giuseppe Castagna
International Network Giuseppe Cuccurese
Merchant BankingMarco Cerrina Feroni
Figures as at 30 June 2007(1) Managing the relations with large and mid corporates (the latter with a turnover exceeding 150 million euro)
17
The Corporate and Investment Banking Division
REPRESENTATIVE OFFICESDIRECT BRANCHESCORPORATE BANKS
Ankara
Bangkok
Barcelona
Beijing
Beirut
Brussels (*)
Buenos Aires
Cairo
Casablanca
Dubai
Istanbul
Los Angeles
Mexico City
Moscow
Mumbai
Paris
Intesa Bank Ireland
Intesa Sanpaolo Bank Ireland
Société Européenne de Banque
Amsterdam
Athens
Frankfurt
George Town
Hong Kong
London
Madrid
Munich
Nassau
New York
Shanghai
Singapore
Tokyo
Vienna
Prague
São Paulo
Santiago
Seoul
Stockholm
Tehran
Tunis
Warsaw
Banca Intesa France
ZAO Banca Intesa
Specialist network in 34 countries for corporate customers
(*) Office of International and European Affairs
As at 30 June 2007
18
Complete solutions for global needs of Financial Institutions
The Corporate and Investment Banking Division
Global Relationship Transaction Services
Commercial banking
Capital markets origination
Investment banking origination
Structured finance origination
Payments
Paying agency services
Global Custody & Fund services
Subcustody
19
Capital Markets and Investment Banking
The Corporate and Investment Banking Division
Structuring
Trading
Sales
Capital Management
Market HUB
Advisory
Capital Markets Investment Banking
Primary Markets
Equity Capital Markets Debt Capital Markets
Structured Finance
Leveraged
& Acquisition FinanceProject Finance & Industry
Specialised Lending
Real Estate
Securitisation
Special Financing
SyndicationLoan Agency
20
The International Subsidiary Banks Division
7 Million
Customers
1,222 Branches
in 12 Countries
Selected and strategic presence in retail banking in Central-Eastern Europe and in the Mediterranean Basin
Albania
Bosnia and Herzegovina
Croatia
Czech Republic
Egypt
Greece
Hungary
Romania
Russian Federation
Serbia
Slovakia
Slovenia
Figures as at 30 June 2007
21
The International Subsidiary Banks Division
RUSSIAN FEDERATIONKMB Bank
SLOVAKIAVseobecna Uverova Banka (VUB)
CZECH REPUBLICPrague branch of VUB
CROATIAPrivredna Banka Zagreb (PBZ)
HUNGARYCentral-European International Bank (CIB)
Inter-Europa Bank
ROMANIASanpaolo IMI Bank Romania
SERBIABanca Intesa Beograd
Panonska Banka
BOSNIA AND HERZEGOVINAUPI Banka
ALBANIABanca Italo Albanese (BIA)
American Bank of Albania (ABA)
EGYPTBank of Alexandria
GREECEAthens and Thessaloniki branches of ABA
1
2
3
4
5
6
7
8
9
10
11
1
23
4
5
6
78
9
10
11
12
SLOVENIABanka Koper
12
22
The International Subsidiary Banks Division
Serbia
South-Eastern Europe Area
Country Bank Manager Total Assets(euro m)
Ranking(by Total Assets)
Branches Customers
Draginja Djuric
Srñan Petrović
1,722
231
2
156 1,000,000
2
71 150,000
Albania
Lorenzo Roncari 652 22 70,000
Luigi Mastrapasqua 200 6 13,000
CroatiaBožo Prka 8,705 220 1,850,0002
Bosnia and Herzegovina
Almir Krkalić 414 46 150,0005
Romania Nicola Calabro 350 41 40,000
Figures as at 30 June 2007
23
The International Subsidiary Banks Division
Hungary
Central-Eastern Europe Area
Country Bank Manager Total Assets(euro m)
Ranking(by Total Assets)
Branches Customers
László Török
László Török
7,692
1,534
2
100 580,000
2
35 88,000
Slovakia Ignacio Jaquotot 7,497 240 1,500,000
Slovenia Vojko Čok 1,937 45 144,0007
RussianFederation
Reiner Mueller-Hanke 800 53 75,000
Egypt Mahmoud Abdel Latif 4,613 187 1,500,000
Commonwealth of Independent States Area
South Mediterranean & Asia Area
6
Figures as at 30 June 2007
Ranking(by Total Assets)
2
24
Public Finance
Securitisation
2,500
CustomersCentral Public Administration,
Local Authorities, Public Administration’s Holding and Auxiliary Companies, Public Utilities Companies, General
Contractors, Public and Private Health Service Providers
16 Branches
Privatisation and M&A
Banking services
Subsidiaries specialised in public finance supporting public administration and infrastructure upgrading and favouring public-private sector cooperation, also pursuing development opportunities abroad in strategic countries for the Group
Project finance forinfrastructures
Long-term financing Bond issues
Debt restructuring Real estate advisory & finance
Figures as at 30 June 2007
25
Eurizon Capital and Banca Fideuram
Financial Advisors
Leader in Italy in the sector of financial advisors with over 4,000 private bankers and 100 domesticbranches
Asset Management
The leading company in Italy after augmenting its euro 116 billion of assets under management with the forthcoming integration of formerNextra
Figures as at 30 June 2007
26
83%
14%
3%
62%14%
10%
8%4% 2%
Corporate Centre
Breakdown of 2007 half-yearly consolidated results
Operating Income
Public Finance
Eurizon Financial Group
International Subsidiary Banks
Corporate and Investment Banking
Banca dei Territori (*)
Breakdown
by Business Area
Breakdown
by Geographical Area
Rest of the world
Europe
Italy
(*) Domestic Retail
27
Italian network
Figures as at 30 June 2007
(°) Disposal under way(*) Banca Intesa Infrastrutture e Sviluppo
Islands
312 Banca Cis 15Neos Banca 5Banca Fideuram 5Intesa Sanpaolo Private Banking 3Intesa Mediocredito 2BIIS (*) 1
South
268 Banco di Napoli 719Banca dell'Adriatico 122Banca Fideuram 10Intesa Casse del Centro 9Intesa Sanpaolo Private Banking 7Intesa Mediocredito 5Neos Banca 3BIIS (*) 2Banca OPI 1
BranchesCompany
Subsidiaries
Branches
Intesa Sanpaolo
BranchesCompany
Subsidiaries
Branches
Intesa Sanpaolo
North West
2,177 Biverbanca (°) 108Banca Fideuram 38Intesa Sanpaolo Private Banking 31Neos Banca 8BIIS (*) 4Banca di Trento e Bolzano 3Intesa Mediocredito 2Banca IMI 2CR Padova e Rovigo 1
Centre
Subsidiaries
BranchesCompanyBranches
Intesa Sanpaolo
North East
340 CR Padova e Rovigo 372CR in Bologna 233CR del Friuli Venezia Giulia 155CR Venezia 134CR di Forlì e della Romagna 89Banca di Trento e Bolzano 87Banca Fideuram 22Intesa Sanpaolo Private Banking 19Banca dell'Adriatico 15Neos Banca 11Intesa Casse del Centro 6BIIS (*) 2Banca OPI 2Intesa Mediocredito 2
Subsidiaries
BranchesCompanyBranches
Intesa Sanpaolo
Company Branches
503 Intesa Casse del Centro 297Banca dell'Adriatico 79Banca Fideuram 22Intesa Sanpaolo Private Banking 8Neos Banca 6Banco di Napoli 4CR di Forlì e della Romagna 3Intesa Mediocredito 3BIIS (*) 3Banca OPI 1Biverbanca (°) 1
BranchesCompanyBranches
SubsidiariesIntesa Sanpaolo
28
International network
Figures as at 30 June 2007(*) Branches of Italian Subsidiary Banca di Trento e Bolzano
(°) Office of International and European Affairs
Direct
Branches
Represent
ative Hong Kong Ankara
Shanghai Bangkok
Singapore Beijing
Tokyo Beirut
Dubai
Istanbul
Mumbai
Seoul
Tehran
Asia
Direct
Branches
Repr.
Offices
Asia
Direct
Branches
Represent
ative George Town Buenos Aires
Nassau Los Angeles
New York Mexico City
Santiago
São Paulo
America
Repr.
OfficesDirect
Branches
America
Represent
ative Country Subsidiaries Branches
Cairo Egypt Bank of Alexandria 187Casablanca
Tunis
Africa
Country BranchesSubsidiaries
Africa
Repr.
Offices
Country Subsidiaries Branches
Amsterdam Barcelona American Bank of Albania (ABA) 20Athens Brussels
(°) Banca Italo Albanese (BIA) 6Dornbirn
(*) Moscow UPI Banka 46Frankfurt Paris
Innsbruck(*) Prague
Croatia Privredna Banka Zagreb (PBZ) 220
London Stockholm
Czech Republic Vseobecna Uverova Banka (VUB) 1
Madrid Warsaw
Banca Fideuram 1
Munich
Banca Intesa France 1
Vienna
Greece American Bank of Albania (ABA) 2Central-European International Bank (CIB) 100Inter-Europa Bank 35Intesa Bank Ireland 1Intesa Sanpaolo Bank Ireland 1Banca Fideuram 1Société Européenne de Banque (SEB) 1
Romania Sanpaolo IMI Bank Romania 41KMB Bank 53ZAO Banca Intesa 1Banca Intesa Beograd 156Panonska Banka 71
Slovakia Vseobecna Uverova Banka (VUB) 239Slovenia Banka Koper 45
Banca Fideuram 2Sanpaolo Bank Suisse 1Banca IMI 2
Switzerland
Luxembourg
France
Serbia
Ireland
Europe
Bosnia and Herzegovina
Albania
Hungary
Russian Federation
United Kingdom
Repr.
OfficesCountry SubsidiariesDirect
BranchesBranches
Europe