Unicredit — Capital/Financing Update 2016

Feb 29, 2016

PRESS RELEASE

UniCredit issues Euro 1 billion 7Y senior benchmark

UniCredit SpA (rated Baa1/BBB-/BBB+) has today issued a new senior benchmark fixed rate with a maturity of 7 years and a size of Euro 1 billion.

Coupon has been set at 2% with an issue/re-offer price of 99.221%.

The initial spread guidance was set at 200 bps area, then, given the very positive market feedback, it has been revised achieving a final issue spread equal to 190 bps.

UniCredit Bank AG, JP Morgan, Citibank, SocGen e Santander have managed the placement acting as joint bookrunners.

The transaction involved more than 200 institutional investors with total orders of approx Euro 2.2 billion. The allocation by investor types/regions: funds (73%), insurance companies (14%), banks (11%) and other investors (2%); France (39%), Italy (19%), UK/Ireland (14%) and Germany/Austria/Swiss (13%).

The bond, which will be documented under the Euro Medium Term Notes Programme, is the first senior institutional issuance in 2016 and sets a new reference point in the UniCredit Spa senior benchmark curve.

Milan, 26 February 2016

Contacts:

Media Relations Tel. +39 02 88623569; e-mail: MediaRelations@unicredit.eu

Investor Relations Tel. + 39 02 88624324; e-mail: InvestorRelations@unicredit.eu