FinecoBank

Earnings Release • Aug 4, 2016

Informazione Regolamentata n. 1615-37-2016		Data/Ora Ricezione 04 Agosto 2016 16:45:22	MTA
Societa'	:	FINECOBANK
Identificativo Informazione Regolamentata	:	77979
Nome utilizzatore	:	FINECOBANKN01 - Spolini
Tipologia	:	IRAG 10
Data/Ora Ricezione	:	04 Agosto 2016 16:45:22
Data/Ora Inizio Diffusione presunta	:	04 Agosto 2016 17:00:23
Oggetto	:	PR_total net sales July
Testo del comunicato

Vedi allegato.

PRESS RELEASE

FinecoBank:

• Net sales July 2016: €481 million, +31% y/y (€3,131 million since the beginning of the year)
• Net sales in Guided Products: new record month in 2016 at €588 million, +267% y/y (€2,263 million in 2016). Guided Products/AuM increased at 53%, +11 p.p. y/y
• More than 1,094,000 total customers, +8% y/y (over 67,400 new customers in 2016)

Milan, August 4th 2016

Net sales in July were €481 million, up 31% compared to the same month in 2015, bringing the figure to €3,131 million since the start of the year (-€68 million compared to the same period of last year).

The growth of "Guided products & services" continues: July recorded a record in 2016 net inflows at €588 million (+267% y/y) bringing net sales in Guided products and services at €2,263 million in 2016, increasing the penetration rate on total AuM at 53% compared to 42% in July 2015 and 45% in December 2015. In July, Assets under Management totalled €354.8 million, Assets under Custody was -€137.5 million and direct deposits were €264.1 million.

Net sales through the network of personal financial advisors totalled €419 million in July, up 24% compared to July 2015.

Customers' acquisition also continued: since the beginning of the year over 67,400 new clients have been acquired (of which more than 7,770 in July), almost in line with about 68,700 new clients acquired in the previous year. Total number of customers exceeded 1,094,000 as of July 31st, 2016, up 8% compared to July 2015.

Total Financial Assets were at € 57,244 million (respectively +3.5% and +5.1% compared to December and July 2015).

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

"In July Fineco recorded solid total net sales, despite a complex and volatile market phase. They confirm the importance of financial advisory activity together with growing Italian savers' awareness towards a professional and diversified management of their assets."

figures in € million

TOTAL NET SALES	July	Jan-July	Jan-July
	2016	2016	2015
Assets under management	354.76	667.92	1,879.81
Assets under custody	-137.51	834.30	119.27
Direct deposits	264.12	1,628.74	1,199.41
TOTAL NET SALES	481.38	3,130.96	3,198.49

figures in € million

PFA NETWORK NET SALES	July	Jan-July	Jan-July
	2016	2016	2015
Assets under management	355.09	682.94	1,845.48
Assets under custody	-97.35	656.12	63.27
Direct deposits	161.73	1,350.47	1,012.40
TOTAL NET SALES PFA NETWORK	419.47	2,689.52	2,921.16

figures in € million

	July	December	July
TOTAL FINANCIAL ASSETS	2016	2015	2015
Assets under management	27,044.62	26,277.42	26,310.81
Assets under custody	12,969.81	13,418.60	13,199.67
Direct deposits	17,229.60	15,630.64	14,967.77
TOTAL FINANCIAL ASSETS	57,244.02	55,326.67	54,478.25

figures in € million

	July	December	July
PFA NETWORK TFA	2016	2015	2015
Assets under management	26,546.39	25,747.69	25,759.98
Assets under custody	9,640.96	9,866.17	9,637.87
Direct deposits	12,692.07	11,337.51	10,707.67
PFA NETWORK TFA	48,879.42	46,951.37	46,105.52

FinecoBank

FinecoBank is the direct, multi-channel bank of the UniCredit Group, with one of the largest advisory networks in Italy. It is the leading bank in Italy for equity trades in terms of volume of orders and the top online broker in Europe for number of orders executed. FinecoBank offers an integrated business model combining direct banking and financial advice, with a single free-of-charge account including a full range of 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.

Contact info: Tel.: +39 02 2887 2256 Tel. +39 02 8862 3820 ufficiostampa@fineco.it Investors@fineco.it

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

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