Banca Generali — Earnings Release 2025

Aug 8, 2025

Informazione Regolamentata n. 0856-59-2025	Data/Ora Inizio Diffusione 8 Agosto 2025 09:00:03		Euronext Milan
Societa'	:	BANCA GENERALI
Identificativo Informazione Regolamentata	:	209112
Utenza - referente	:	BCAGENERALIN04 - Alfonso Zazzaro
Tipologia	:	REGEM
Data/Ora Ricezione	:	8 Agosto 2025 09:00:03
Data/Ora Inizio Diffusione	:	8 Agosto 2025 09:00:03
Oggetto	:	Banca Generali - PR Net Inflows July 2025
Testo del comunicato

Vedi allegato

PRESS RELEASE

Total net inflows at €522 million in July (€3,527 million YTD)

Net inflows of Assets under Investment at €168 million (€1,786 million YTD)

Milan, 8 August 2025 – Banca Generali's net inflows amounted to €522 million in July, bringing the year-to-date total to €3.5 billion. Households' demand for portfolio requalification continued in a context of constant risk-free market interest rate reduction.

In July, net inflows in Assets under Investment amounted to €168 million, consisting of net inflows of €218 million from high added value managed and insurance solutions and net outflows of €50 million from advisory services for AuC and banking because of the gradual reinvestment of liquidity and securities into managed products. Overall, net inflows in Assets under Investment totalled €1.8 billion YTD.

Within Managed solutions, in-house Funds and SICAVs recorded high net inflows (€116 million in July, €381 million YTD), thanks to the expansion of the range of products with the launch of new equity and alternative sub-funds. Financial wrappers continued to be in high demand (€52 million in July, €681 million YTD), thanks to their flexibility and personalisation features.

Demand for insurance products was little changed after the strong increase in the previous months (€18 million in July, €698 million YTD).

'Other Assets' were driven by inflows in Assets under Custody (€407 million in July) which, however, recorded a decrease on year-to-date basis (€1.7 billion YTD compared to €2.2 billion in the same period of the previous year).

Chief Executive Officer and General Manager Gian Maria Mossa stated: "July was a positive month for net inflows, thanks to the launch of new fund strategies that proved immediately successful. The uncertainty external to the bank and the market volatility driven by tariffs and interest rate forecasts persist. In this context, the excellent work of our bankers in support of our customers is even more important. With over three and a half billion net inflows, we look with confidence and optimism towards the final months of the year and the six-billion target we have set."

CONTACTS:

www.bancagenerali.com

Media Relations Michele Seghizzi Tel. +39 02 408 26683

Michele.seghizzi@bancagenerali.it

Investor Relations Giuliana Pagliari Tel: +39 02 408 26548

giuliana.pagliari@bancagenerali.it

JULY 2025 NET INFLOWS

m/€	July 2024	July 2025	YTD 2024	YTD 2025
Assets under Investment	208	168	1,652	1,786
Managed Solutions	254	187	1,115	1,036
Mutual Funds and SICAVs	9	148	122	350
of which In House Funds	69	116	499	381
of which Third party Funds	-60	32	-377	-31
Financial Wrappers	197	52	914	681
Insurance Wrappers	48	-13	79	5
Traditional Life Insurance Policies	-14	31	2	693
AUC & Banking under Advisory	-32	-50	535	57
Other Assets	200	354	2,394	1,741
Assets under Custody	226	407	2,177	1,687
Liquidity	-26	-53	217	54
Total Net Inflows	408	522	4,046	3,527

The Manager responsible for preparing the company's financial reports (Tommaso di Russo) declares, pursuant to Paragraph 2 of Art. 154-bis of the Italian Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the documentary results, books and accounting records. Tommaso Di Russo (CFO of Banca Generali)

CONTACTS:

www.bancagenerali.com

Media Relations Michele Seghizzi Tel. +39 02 408 26683

Michele.seghizzi@bancagenerali.it

Investor Relations Giuliana Pagliari Tel: +39 02 408 26548

giuliana.pagliari@bancagenerali.it

Numero di Pagine: 4