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SIA Completes Acquisition of Card Processing Businesses in Central and Southeastern Europe from First Data

October 1, 2018

MILAN & NEW YORK--(BUSINESS WIRE)--Oct 1, 2018--SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today announced the completion of SIA’s acquisition of First Data’s card processing businesses in parts of Central and Southeastern Europe for €387 million.

As a result of this transaction, SIA becomes the leading player in processing and services in the region, offering card processing, card production, call center and back-office services, including 13.3 million payment cards, 1.4 billion transactions, in addition to the management of over 300,000 POS terminals and 6,500 ATMs. These businesses are primarily located in 7 countries: Greece, Croatia, Czech Republic, Hungary, Romania, Serbia and Slovakia. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data.

Following the completion of this transaction, First Data remains highly committed to the European issuer processing business and will continue to serve its significant client base primarily through its leading VisionPLUS platform.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 22,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year. For more information, visit www.firstdata.com and follow us on Twitter at @FirstData.

About SIA

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.

The Group, which currently has over 2,000 employees, closed 2017 with revenues of €567.2 million.

For more information, go to www.sia.eu/en

Safe Harbor

Statements in this press release regarding First Data Corporation’s business which are not historical facts are “forward-looking statements.” All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected including the parties’ ability to successfully satisfy the normal closing conditions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181001005441/en/

CONTACT: SIA

Filippo Fantasia

Head of Media Coordination

Phone: +39 02.6084.2833

Mobile: +39 335.1202713

Email:filippo.fantasia@sia.eu

or

Valentina Piana

Media Coordination

Phone: +39 02.6084.2334

Mobile +39 342.0467761

Email:valentina.piana@sia.eu

@SIA_pressoffice

or

First Data

Peter Poillon

Investor Relations

Phone: +1 212 266 3565

Email:peter.poillon@firstdata.com

or

Andrea Duffy

Public Relations

Phone: +1 646 9840240

Email:andrea.duffy@firstdata.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA TENNESSEE ITALY

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES FINANCE RETAIL

SOURCE: First Data

Copyright Business Wire 2018.

PUB: 10/01/2018 06:45 AM/DISC: 10/01/2018 06:45 AM

http://www.businesswire.com/news/home/20181001005441/en

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