Unicredit — Capital/Financing Update 2018

Feb 28, 2018

“Euro 500,000,000 SUBORDINATED tier2 floating Rate Notes due 2023"

ISIN XS0909773854

With reference to the above issue, UniCredit S.p.A. in accordance with the relevant Final Terms dated 25 March 2013, will exercise its option to early redeem in whole the Notes on 27 March 2018 (the “Optional Redemption Date").

The early redemption of the issue will be at par and the interests shall cease to accrue on the Optional Redemption Date.

Milan, February 28, 2018

UniCredit S.p.A.

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