FinecoBank

Earnings Release • Dec 6, 2016

Informazione Regolamentata n. 1615-48-2016		Data/Ora Ricezione 06 Dicembre 2016 16:08:20	MTA
Societa'	:	FINECOBANK
Identificativo Informazione Regolamentata	:	82536
Nome utilizzatore	:	FINECOBANKN01 - Spolini
Tipologia	:	IRAG 10
Data/Ora Ricezione	:	06 Dicembre 2016 16:08:20
Data/Ora Inizio Diffusione presunta	:	06 Dicembre 2016 16:23:21
Oggetto	:	PR TOTAL NET SALES NOVEMBER
Testo del comunicato

Vedi allegato.

PRESS RELEASE

FinecoBank:

• November 2016 net sales: € 209 million, net of record-high customers' payment of taxes at € 296 million
• Net sales since the beginning of the year: € 4,147 million, of which Guided Products net sales: € 3,465 million, +14% y/y. Guided products on AUM stock at 56% (+11 p.p. y/y)
• 1,112,556 total customers, +7% y/y (of which 100,256 new customers acquired in 2016)

Milan, December 6th 2016

In November, net sales amounted at € 209 million, net of record-high amount of taxes paid by customers, € 296 million, confirming that Fineco is more and more used by its clients as primary bank.

FinecoBank recorded total net sales of € 4,147 million since the beginning of 2016 (-5% compared to the same period in 2015). The growth of "Guided products & services" continues: since the beginning of the year, their net sales amounted to € 3,465 million, of which € 185 during the month of November. The penetration rate increased at 56% on total AuM compared to 44% in November 2015 and 45% in December 2015.

In November, Assets under Management totaled € 28.1 million, Assets under Custody were € 36.6 million and direct deposits € 144.1 million.

Since the beginning of the year net sales through the network of personal financial advisors totaled € 3,642 million, -9% compared to last year.

In terms of customers' acquisition, since the beginning of the year 100,256 new clients have been acquired (of which 8,975 in November). Total number of customers was 1,112,556 as of November 30th 2016, up 7% compared to November 2015.

Total Financial Assets were at € 58,025 million (respectively +4.9% and +5.0% compared to December and November 2015).

Alessandro Foti, CEO and General Manager of FinecoBank, commented:

"We are very satisfied of November total net sales, particularly positive considering the extraordinary effect due to tax payment from our customers. These results confirm once again how our clients perceive Fineco's offer as complete of all banking services, with excellent growth opportunities for its new credit solutions, among which mortgages, Lombard loans and personal loans. Moreover, the solid inflows of our cyborgadvisory solutions confirm once again the key role of a professional financial advisory in the management of our customers' savings."

	November	Jan-Nov	Jan-Nov
TOTAL NET SALES	2016	2016	2015
Assets under management	28.13	1,452.17	2,363.70
Assets under custody	36.56	912.80	615.02
Direct deposits	144.08	1,781.82	1,403.97
TOTAL NET SALES	208.77	4,146.79	4,382.69

figures in € million

	November	Jan-Nov	Jan-Nov
PFA NETWORK NET SALES	2016	2016	2015
Assets under management	34.07	1,470.89	2,323.36
Assets under custody	0.90	690.40	428.65
Direct deposits	165.07	1,480.74	1,244.84
TOTAL NET SALES PFA NETWORK	200.05	3,642.03	3,996.85

figures in € million

TOTAL NET SALES	November	Jan-Nov	Jan-Nov
	2016	2016	2015 2,363.70 615.02 1,403.97 4,382.69 Jan-Nov 2015 2,323.36 428.65 1,244.84 3,996.85 November 2015 26,512.52 13,567.37 15,175.46 55,255.35 November 2015 25,970.50 9,955.17 10,944.24 46,869.91
Assets under management	28.13	1,452.17
Assets under custody	36.56	912.80
Direct deposits	144.08	1,781.82
TOTAL NET SALES	208.77	4,146.79
figures in € million
PFA NETWORK NET SALES	November	Jan-Nov
	2016	2016
Assets under management	34.07	1,470.89
Assets under custody	0.90	690.40
Direct deposits	165.07	1,480.74
TOTAL NET SALES PFA NETWORK	200.05	3,642.03
figures in € million
TOTAL FINANCIAL ASSETS	November	December
	2016	2015
Assets under management	27,757.01	26,277.42
Assets under custody	12,884.20	13,418.60
Direct deposits	17,383.60	15,630.64
TOTAL FINANCIAL ASSETS	58,024.81	55,326.67
figures in € million
	November	December
PFA NETWORK TFA	2016	2015
Assets under management Assets under custody Direct deposits PFA NETWORK TFA FinecoBank FinecoBank is UniCredit Group's direct multichannel bank. It has one of the largest advisory networks in	27,268.37 9,575.95 12,824.57 49,668.89	25,747.69 9,866.17 11,337.51 46,951.37

figures in € million

	November	December	November
PFA NETWORK TFA	2016	2015	2015
Assets under management	27,268.37	25,747.69	25,970.50
Assets under custody	9,575.95	9,866.17	9,955.17
Direct deposits	12,824.57	11,337.51	10,944.24
PFA NETWORK TFA	49,668.89	46,951.37	46,869.91

FinecoBank

banking, credit, trading and investment services, which are also available through applications for smartphone and tablet. With its fully integrated platform, FinecoBank is the benchmark for modern investors.

Contatti: Fineco - Media Relations Fineco - Investor Relations Tel.: +39 02 2887 2256 Tel. +39 335 580 5703 mediarelations@finecobank.com investors@finecobank.com

Barabino & Partners Tel. +39 02 72023535 Emma Ascani e.ascani@barabino.it

+39 335 390 334 Tommaso Filippi t.filippi@barabino.it +39 366 644 4093