BAWAG P.S.K. CHOOSES SIA TO MANAGE PAYMENT CARDS IN

SIA's technology infrastructure will process the transactions of credit and prepaid cards issued by the Austrian bank

Vienna and Milan, 2 September 2021 – BAWAG P.S.K., one of the largest banks in Austria with 2.3 million customers, has selected SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, as the technology partner for the management and processing of the credit and prepaid cards portfolio issued by BAWAG P.S.K., easybank and PayLife.

SIA is extending its partnership with BAWAG which can focus on its core business whilst benefiting from IT synergies with the easy integration, standardization and interoperability guaranteed by SIA’s technology infrastructure. SIA will continue to offer various advanced services for the bank’s card products evolution enabling BAWAG P.S.K. to extend its footprint in the digital ecosystem.

“As a longtime partner of BAWAG, we are particularly proud of the extension of our successful collaboration for the management and processing of its payment cards portfolio, representing a considerable portion of the Austrian market. It confirms SIA’s role in as the preferred technology partner supporting banking and financial communities in the constantly growing challenges of the digital payments business, thanks to our significant expertise and commitment to the development of innovative solutions in the sector,” stated Cristina Astore, Northwest Europe and DACH Region Sales Director of SIA.

BAWAG Group AG – is a publicly listed holding company headquartered in , Austria, serving 2.3 million retail, small business, corporate and public sector customers across Austria, Germany, Switzerland, the Netherlands and other developed markets. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services. Delivering simple, transparent, and reliable financial products and services that address our customers’ needs is our strategy across the Group.

SIA - a subsidiary of CDP Equity - 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 Card & Merchant Solutions, Digital Payment Solutions and Capital Market & Network Solutions. SIA Group provides its services in over 50 countries, and also operates through its subsidiaries and branches in Austria, Belgium, Croatia, , Germany, Greece, Hungary, the Netherlands, Romania, Serbia, , and South Africa. The company also has representation offices in the UK and Poland. For more information: www.sia.eu/en

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