Unicredit - Major Shareholding Notification 2019

JOINT PRESS RELEASE

UniCredit announces FinecoBank is not anymore part of the Group starting today

Further to the press releases published on 7 and 8 May 2019, UniCredit S.p.A. ("UniCredit") announces the completion of the placement’s settlement of approximately 103.5 million existing ordinary shares of FinecoBank S.p.A. ("Fineco" or the "Company"), equal to approximately 17 per cent of the Company's issued share capital.

As a result of the settlement, also considering that UniCredit holds a minority shareholding in the Company (equal to approximately 18 per cent of the issued share capital), and waived any administrative rights in respect of any matters set forth under article 2364 of the Italian Civil Code (as anticipated in the joined Press Release published on 7 May 2019), UniCredit informs about Fineco is not anymore part of the Group starting today, with consequent execution of those actions and procedures outlined in the Press Release published on 7 May 2019.

Milan, May 10, 2019

Enquiries:

Media Relations:

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Investor Relations:

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Fineco - Media Relations

Tel.: +39 02 2887 2256

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Fineco - Investor Relations