Unicredit — M&A Activity 2019

May 9, 2019

Following and in addition to the joint press release of UniCredit S.p.A. (“UniCredit") and FinecoBank S.p.A. (“Fineco"), issued on 7 May 2019, in relation to the actions and procedures, approved on the same date by their respective Boards of Directors, and aimed at allowing Fineco to operate as an independent entity from a regulatory, liquidity and operational standpoint (hereinafter referred to as the “Transaction") and the subsequent press releases issued by UniCredit respectively on 7 and 8 May 2019, announcing the launch and conclusion of an accelerated bookbuilding procedure with respect to Fineco’s shares for a total amount equal to 17% of the share capital of Fineco, which settlement is envisaged on 10 May 2019, it is further specified as follow.

With reference to Fineco, the Transaction, considered as a whole and taking into account all the contractual agreements agreed between the parties, qualifies as a transaction with related parties of greater significance pursuant to the Consob Regulation no. 17221/2010 ("Consob RPT Regulation") and the "Procedures for the management of transactions with persons in conflict of interest" (the "Procedures") adopted by Fineco. Fineco will publish an information document drawn up pursuant to art. 5 and in compliance with the form set out in Annex 4 of the Consob RPT Regulation, as well as art. 7.1 of the Procedures, within the terms and in the manner provided for by the applicable legislation.

The Board of Directors of Fineco has approved the Transaction subject to a favourable opinion given unanimously by the Risk and Related Parties Committee.

For UniCredit, the abovementioned Transaction, considered as a whole and taking into account all the contractual agreements agreed between the parties, represents a transaction with related parties of greater significance, exempted from the application of the decision-making procedures provided by the Global Policy “Transactions with related parties, associated persons and Corporate Officers ex art.136 CBA" adopted by UniCredit as it was carried out with a subsidiary.

Milan, May 8, 2019

Enquiries

Media Relations:

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

Investor Relations:

Tel: +39 02 88621028; e-mail: InvestorRelations@unicredit.eu

Fineco - Media Relations

Tel.: +39 02 2887 2256

mediarelations@finecobank.com

Fineco - Investor Relations

Tel. +39 02 2887 3736/2358

investors@finecobank.com