Unicredit — Remuneration Information 2015

Apr 13, 2015

ANNEX 1 TO 2015 GROUP COMPENSATION POLICY Information Tables Pursuant Art. 84-quater "Annual Report – Section II" of the Regulation n° 11971 Issued by Commissione Nazionale per le Società e la Borsa (Consob)

Year 2014

In the following pages a set of tables presents the quantitative information that the Company must provide in compliance with article 84-quater of Consob's Issuers Regulation nr. 11971.

In such regards, please note that the information requested at Section I and at the Firstr Part of Section II of the Compensation Report, to be prepared in compliance with Attachment 3A, Schedule 7-bis of the above mentioned Regulation is contained in the Annual Compensation Report, published within the Group Compensation Policy, of which this document represents an enclosure.

The set of tables that follow provides in particular the information foreseen by the Second Part of the above mentioned Section II.

For a deeper understanding of the methodological criteria underlying the information reported in the various tables, reference is made to Annex 3A of the said Consob Regulation.

Here below is reported some brief information on the contents of the various tables:

TABLE 1: Compensation paid to members of the administrative and auditing bodies, to general managers and to other executives with strategic responsibilities

Provides, at an individual level and on an accrual basis, the details of the compensation paid to the members of the Board of Directors, Board of Statutory Auditors and General Managers.

For the other 7 executives with strategic responsibilities – who are represented by the remaining members of the CEO Office plus the Group Compliance Officer and the Head of Internal Audit – the information is provided on an aggregate basis.

The overall compensation paid by UniCredit S.p.A. for 2014 to the Board of Directors and to the Board of Statutory Auditors amounts respectively to € 8,029,225 and € 647,352.

The "Fair value of equity compensation" (column 7) does not represent a value actually paid to/gained by the beneficiaries of equity plans, being instead the cost that the Company is booking - on an accrual basis and during the vesting period - in consideration of the provision of incentives based on financial instruments. More details on such plans are provided at the following Table 2 and Table 3A.

TABLE 2: Stock Options assigned to the members of the administrative body, to general managers and other executives with strategic responsibilities

Neither the non-executive members of the Board of Directors, nor the members of the Board of Statutory Auditors benefit from any incentive plan, be it based on financial instruments or cash.

Only the Chief Executive Officer (CEO) and some other executives with strategic responsibilities benefit from Stock Option/Performance Stock Options plans launched by the Company in the previous years.

At current prices, all vested stock options are largely out of the money.

TABLE 3A: Incentive plans based on financial instruments other than stock options, in favor of members of the administrative body, general managers and other executives with strategic responsibilities

The table reports - additionally to the shares granted within UniCredit medium and/or long term incentive equity plans - also the number of shares promised and/or granted in connection with the deferrals of the annual incentive systems.

TABLE 3B: Monetary incentive plans in favor of members of the administrative body, general managers and other executives with strategic responsabilities

Provides the details of all the cash incentives accrued during the year in favor of the Chief Executive Officer, General Manager and other executives with strategic responsibilities. Neither the non-executive members of the Board of Directors, nor the Statutory Auditors receive any variable compensation.

Information on the investments held by the members of the administrative and auditing bodies, by general managers and by other executives with strategic responsibilities

Table 1 and Table 2, drafted in compliance with schedule 7-ter, provide the shareholdings in UniCredit or its controlled/associated companies held respectively by the members of the administrative / auditing bodies and by the general managers as well as by other executives with strategic responsibilities.

Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-bis

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation					Variable non-equity					Severance
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	indemnity for end of office or termination of employment
Giuseppe Vita	Chairman of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	125.000	4.800		1.375.000		1.504.800						1.504.800
	Chairman of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	0	4.800				4.800						4.800
	Chairman of the Corporate Governance, HR and Nomination		01/01/2014 31/12/2014 Approv. AR 2014	0	4.000				4.000						4.000
	Committee
	Chairman of the Remuneration Committee		01/01/2014 31/12/2014 Approv. AR 2014	0	2.400				2.400						2.400
	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
	Member of the Internal Controls Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014	0	1.200				1.200						1.200
	Member of the Risks Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014	0	1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements			161.000	21.200		0 1.375.000	0	1.557.200	0	0	0	0		0 1.557.200	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			161.000	21.200		0 1.375.000	0	1.557.200	0	0	0	0		0 1.557.200	0
Candido Fois	Deputy Vice Chairman of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.000		155.000		239.000				6.737		245.737
	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	4.400				40.400						40.400
	Member of the Remuneration Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	1.600				37.600						37.600
	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.000				38.000						38.000
	Member of the Internal Controls Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		800				800						800
	Member of the Risks Sub-Committee Permanent guest Corporate Governance, HR and Nomination		01/01/2014 31/12/2014 Approv. AR 2014		1.200				1.200						1.200
	Committee								0						0
	(I) Compensation in the company preparing the financial statements			188.000	14.000	0	155.000	0	357.000	0	0	0	6.737	0	363.737	0
	(II) Compensation from subsidiaries and associates			56.250	7.280		127.500		191.030						191.030
	(III) Total			244.250	21.280	0	282.500	0	548.030	0	0	0	6.737	0	554.767	0
Vincenzo	Vice Chairman of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800		155.000		239.800				6.737		246.537
Calandra Buonaura	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	4.800				40.800						40.800
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	4.000				40.000						40.000
	(I) Compensation in the company preparing the financial statements			152.000	13.600	0	155.000	0	320.600	0	0	0	6.737	0	327.337	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	13.600	0	155.000	0	320.600	0	0	0	6.737	0	327.337	0
Luca Cordero	Vice Chairman of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	3.600		155.000		238.600						238.600
di Montezemolo	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	1.600				37.600						37.600
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	1.600				37.600						37.600
	(I) Compensation in the company preparing the financial statements			152.000	6.800	0	155.000	0	313.800	0	0	0	0	0	313.800	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	6.800	0	155.000	0	313.800	0	0	0	0	0	313.800	0
Fabrizio	Vice Chairman of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800		155.000		239.800						239.800
Palenzona	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	4.800				40.800						40.800
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	4.000				40.000						40.000
	(I) Compensation in the company preparing the financial statements			152.000	13.600	0	155.000	0	320.600	0	0	0	0	0	320.600	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	13.600	0	155.000	0	320.600	0	0	0	0	0	320.600	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Fixed compensation Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Variable non-equity Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	Severance indemnity for end of office or termination of employment
Federico	Chief Executive Officer	01/01/2014 31/12/2014 Approv. AR 2014		80.000	4.800			340.000 1.508.000	1.932.800		440.000		347.328			225.534 2.945.662 1.313.657
Ghizzoni	Member of the Permanent Strategic Committee	01/01/2014 31/12/2014 Approv. AR 2014		36.000	4.800				40.800						40.800
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	3.600				39.600						39.600
	(I) Compensation in the company preparing the financial statements			152.000	13.200	0		340.000 1.508.000	2.013.200	0	440.000	0	347.328			225.534 3.026.062 1.313.657	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	13.200	0		340.000 1.508.000	2.013.200	0	440.000	0	347.328			225.534 3.026.062 1.313.657	0
Mohamed Ali	Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		80.000	4.800				84.800						84.800
Al Fahim	Invitated Permanent Strategic Committee of 28/2/2014				400				400						400
	(I) Compensation in the company preparing the financial statements			80.000	5.200	0	0	0	85.200	0	0	0	0	0	85.200	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			80.000	5.200	0	0	0	85.200	0	0	0	0	0	85.200	0	0
Manfred	Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		80.000	3.600				83.600						83.600
Bischoff	Member of the Permanent Strategic Committee	01/01/2014 31/12/2014 Approv. AR 2014		36.000	3.200				39.200						39.200
	(I) Compensation in the company preparing the financial statements			116.000	6.800	0	0	0	122.800	0	0	0	0	0	122.800	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			116.000	6.800	0	0	0	122.800	0	0	0	0	0	122.800	0	0
Henryka Bochniarz	Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		80.000	3.200				83.200						83.200
	Member of the Remuneration Committee	01/01/2014 31/12/2014 Approv. AR 2014		36.000	2.000				38.000						38.000
	(I) Compensation in the company preparing the financial statements			116.000	5.200	0	0	0	121.200	0	0	0	0	0	121.200	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			116.000	5.200	0	0	0	121.200	0	0	0	0	0	121.200	0	0
Alessandro Caltagirone	Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		80.000	4.000				84.000						84.000
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	2.000				38.000						38.000
	Member of the Remuneration Committee	01/01/2014 31/12/2014 Approv. AR 2014		36.000	2.000				38.000						38.000
	(I) Compensation in the company preparing the financial statements			152.000	8.000	0	0	0	160.000	0	0	0	0	0	160.000	0	0
	(II) Compensation from subsidiaries and associates								0						0
Francesco	(III) Total Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		152.000 80.000	8.000 4.800	0	0	0	160.000 84.800	0	0	0	0	0	160.000 84.800	0	0
Giacomin	Member of the Internal Controls and Risks Committee	01/01/2014 31/12/2014 Approv. AR 2014		36.000	2.400				38.400						38.400
	Member of the Internal Controls Sub-Committee	01/01/2014 31/12/2014 Approv. AR 2014			800				800						800
	Entitled to attend also Risks Sub-Committee				1.200				1.200						1.200
	Invited to Permanent Strategic Committee of 6/2 - 28/2 and 6/3/2014			0	1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			116.000	10.400	0	0	0	126.400	0	0	0	0	0	126.400	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			116.000	10.400	0	0	0	126.400	0	0	0	0	0	126.400	0	0
Helga Jung	Member of the Board of Directors	01/01/2014 31/12/2014 Approv. AR 2014		80.000	4.000				84.000						84.000
	Invited to Permanent Strategic Committee of 28/2 and 6/3.2014				800				800						800
	(I) Compensation in the company preparing the financial statements			80.000	4.800	0	0	0	84.800	0	0	0	0	0	84.800	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			80.000	4.800	0	0	0	84.800	0	0	0	0	0	84.800	0	0

(A)	(B)	(C)	(D)				(1) Fixed compensation			(2)		(3) Variable non-equity	(4)	(5)	(6)	(7)	(8)
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	Severance indemnity for end of office or termination of employment
Marianna Li	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800				84.800				6.737		91.537
Calzi	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
	Member of the Internal Controls Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.200				1.200						1.200
	Entitled to attend also Risks Sub-Committee	01/01/2014 31/12/2014			1.200				1.200						1.200
	Chair of Related Parties & Equity Investments Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	6.400				42.400						42.400
	Invited to Permanent Strategic Committee of 14/1 - 6/2- 28/2 and
	6/3/2014				1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements			152.000	17.600	0	0	0	169.600	0	0	0	6.737	0	176.337	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	17.600	0	0	0	169.600	0	0	0	6.737	0	176.337	0	0
Luigi	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.000				84.000						84.000
Maramotti	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	4.400				40.400						40.400
	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	3.600				39.600						39.600
	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
	Member of the Risks Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.600				1.600						1.600
	Entitle to attend also Internal Controls Sub-Committee				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			188.000	17.200	0	0	0	205.200	0	0	0	0	0	205.200	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			188.000	17.200	0	0	0	205.200	0	0	0	0	0	205.200	0	0
Giovanni	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800				84.800						84.800
Quaglia	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	4.000				40.000						40.000
	Member of the Related Parties and Equities Investments Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	6.400				42.400						42.400
	Member of the Supervisory Body ex D.Lgs. 231/2001		21/01/2014 31/12/2014 Approv. AR 2014	17.014	2.000				19.014						19.014
	Invited to Permanent Strategic Committee of 14/1 - 6/2 - 28/2 and 6/3/2014				1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements			169.014	18.800	0	0	0	187.814	0	0	0	0	0	187.814	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			169.014	18.800	0	0	0	187.814	0	0	0	0	0	187.814	0	0
Lucrezia Reichlin	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.400				84.400						84.400
	Member of the Permanent Strategic Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	3.600				39.600						39.600
	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	1.600				37.600						37.600
	Member of the Risks Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.600				1.600						1.600
	Entitled to attend also Internal Controls Sub-Committee				1.200				1.200						1.200
	Chair of the Supervisory Body ex D.Lgs. 231/2001 (pro-tempore) Invited to Corporate Governance, HR e Nomination Committee of		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400 400				38.400 400						38.400 400
	6/3/2014 (I) Compensation in the company preparing the financial statements			188.000	15.200	0	0	0	203.200	0	0	0	0	0	203.200	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			188.000	15.200	0	0	0	203.200	0	0	0	0	0	203.200	0	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Fixed compensation Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Variable non-equity Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	Severance indemnity for end of office or termination of employment
Lorenzo	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.400				84.400						84.400
Sassoli de	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
Bianchi	Member of the Internal Controls Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.200				1.200						1.200
	Entitled to attend al Risks Sub-Committee				400				400						400
	Member of the Related Parties and Equities Investments Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	6.400				42.400						42.400
	Invited to Permanent Strategic Committee of 6/2 and 28/2/2014				800				800						800
	(I) Compensation in the company preparing the financial statements			152.000	15.600	0	0	0	167.600	0	0	0	0	0	167.600	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	15.600	0	0	0	167.600	0	0	0	0	0	167.600	0	0
Alexander	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800				84.800				6.737		91.537
Wolfgring	Member of the Remuneration Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
	Member of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	36.000	2.400				38.400						38.400
	Member of the Risks Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.600				1.600						1.600
	Entitled to attend also Internal Controls Sub-Committee				1.200				1.200						1.200
	Invitated to Permanent Strategic Committee of 14/1 - 6/2 - 28/2 and 6/3/2014				1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements			152.000	14.000	0	0	0	166.000	0	0	0	6.737	0	172.737	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			152.000	14.000	0	0	0	166.000	0	0	0	6.737	0	172.737	0	0
Anthony	Member of the Board of Directors		01/01/2014 31/12/2014 Approv. AR 2014	80.000	4.800				84.800						84.800
Wyand	Member of the Corporate Governance, HR and Nomination Committee 01/01/2014 31/12/2014 Approv. AR 2014			36.000	3.600				39.600						39.600
	Chairman of the Internal Controls and Risks Committee		01/01/2014 31/12/2014 Approv. AR 2014	176.000	2.400				178.400						178.400
	Chairman of the Internal Controls Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.200				1.200						1.200
	Chairman of the Risks Sub-Committee		01/01/2014 31/12/2014 Approv. AR 2014		1.600				1.600						1.600
	Invited to Permanent Strategic Committee of 14/1 - 6/2 - 28/2 and 6/3/2014				1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements			292.000	15.200	0	0	0	307.200	0	0	0	0	0	307.200	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			292.000	15.200	0	0	0	307.200	0	0	0	0	0	307.200	0	0
TOTAL BOARD OF	(I) Compensation in the company preparing the financial statements			2.910.014	236.400		0 2.335.000 1.508.000		6.989.414	0	440.000	0	374.278			225.534 8.029.225 1.313.657	0
DIRECTORS	(II) Compensation from subsidiaries and associates			56.250	7.280	0	127.500	0	191.030	0	0	0	0	0	191.030	0	0
	(III) Total			2.966.264	243.680		0 2.462.500 1.508.000		7.180.444	0	440.000	0	374.278			225.534 8.220.255 1.313.657	0

(A)	(B)	(C)	(D)				(1) Fixed compensation			(2)		(3) Variable non-equity	(4)	(5)	(6)	(7)	(8)
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	Severance indemnity for end of office or termination of employment
Maurizio Lauri	Chairman of the Board of Statutory Auditors	01/01/2014 31/12/2014 Approv. AR 2015		140.000	17.200				157.200				6.738		163.938
	(I) Compensation in the company preparing the financial statements			140.000	17.200	0	0	0	157.200	0	0	0	6.738	0	163.938	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			140.000	17.200	0	0	0	157.200	0	0	0	6.738	0	163.938	0	0
Giovanni	Standing Auditor	01/01/2014 31/12/2014 Approv. AR 2015		100.000	17.200				117.200				6.738		123.938
Battista Alberti	(I) Compensation in the company preparing the financial statements			100.000	17.200	0	0	0	117.200	0	0	0	6.738	0	123.938	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			100.000	17.200	0	0	0	117.200	0	0	0	6.738	0	123.938	0	0
Cesare Bisoni	Standing Auditor	01/01/2014 31/12/2014 Approv. AR 2015		100.000	16.400				116.400						116.400
	(I) Compensation in the company preparing the financial statements			100.000	16.400	0	0	0	116.400	0	0	0	0	0	116.400	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			100.000	16.400	0	0	0	116.400	0	0	0	0	0	116.400	0	0
Enrico Laghi	Standing Auditor	01/01/2014 31/12/2014 Approv. AR 2015		100.000	12.400				112.400				6.738		119.138
	(I) Compensation in the company preparing the financial statements			100.000	12.400	0	0	0	112.400	0	0	0	6.738	0	119.138	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			100.000	12.400	0	0	0	112.400	0	0	0	6.738	0	119.138	0	0
Maria Enrica	Standing Auditor	01/01/2014 31/12/2014 Approv. AR 2015		100.000	17.200				117.200				6.738		123.938
Spinardi	(I) Compensation in the company preparing the financial statements			100.000	17.200	0	0	0	117.200	0	0	0	6.738	0	123.938	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			100.000	17.200	0	0	0	117.200	0	0	0	6.738	0	123.938	0	0
Federica	Alternate Auditor	01/01/2014 31/12/2014 Approv. AR 2015							0						0
Bonato	(I) Compensation in the company preparing the financial statements			0	0	0	0	0	0	0	0	0	0	0	0	0	0
	(II) Compensation from subsidiaries and associates			31.109	5.600	1.281			37.990				4.750		42.740
	(III) Total			31.109	5.600	1.281	0	0	37.990	0	0	0	4.750	0	42.740	0	0
Beatrice Lombardini	Alternate Auditor	01/01/2014 31/12/2014 Approv. AR 2015							0						0
	(I) Compensation in the company preparing the financial statements			0	0	0	0	0	0	0	0	0	0	0	0	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			0	0	0	0	0	0	0	0	0	0	0	0	0	0
Paolo Domenico	Alternate Auditor	01/01/2014 31/12/2014 Approv. AR 2015							0						0
Sfameni	(I) Compensation in the company preparing the financial statements			0	0	0	0	0	0	0	0	0	0	0	0	0	0
	(II) Compensation from subsidiaries and associates			10.000					10.000						10.000
	(III) Total			10.000	0	0	0	0	10.000	0	0	0	0	0	10.000	0	0
Pierpaolo Singer	Alternate Auditor	01/01/2014 31/12/2014 Approv. AR 2015							0						0
	(I) Compensation in the company preparing the financial statements			0	0	0	0	0	0	0	0	0	0	0	0	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			0	0	0	0	0	0	0	0	0	0	0	0	0	0

TOTAL	(I) Compensation in the company preparing the financial statements	540.000	80.400	0	0	0	620.400	0	0	0	26.952	0	647.352	0	0
STATUTORY	(II) Compensation from subsidiaries and associates	41.109	5.600	1.281	0	0	47.990	0	0	0	4.750	0	52.740	0	0
AUDITORS	(III) Total	581.109	86.000	1.281	0	0	668.390	0	0	0	31.702	0	700.092	0	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation					Variable non-equity					Severance
Name and surname	Office	Period for which office was held	Office expiry	Emolument s resolved by the Shareholde rs' Meeting	Attendance tokens	Lump sum expense reimbursem ents	Comp.for specific offices ex sec. 2389 Italian Civil Code	Employmen t fixed salary	Total	Compensati on for committee participatio n	Bonuses and other incentives	Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati o n	indemnity for end of office or termination of employment
Roberto	General Manager	01/01/2014 31/12/2014						1.301.040	1.301.040		200.000		247.902		0 1.748.942	386.091
Nicastro	(I) Compensation in the company preparing the financial statements							1.301.040	1.301.040		200.000		247.902		1.748.942	386.091
	(II) Compensation from subsidiaries and associates
	(III) Total							1.301.040	1.301.040		200.000		247.902		1.748.942	386.091
Other	(I) Compensation in the company preparing the financial statements							6.173.439	6.173.439		932.867		658.769			355.132 8.120.206 1.181.730	1.859.000
Executives with strategic	(II) Compensation from subsidiaries and associates
(7 subjects) (III) Total								6.173.439	6.173.439		932.867		658.769			355.132 8.120.206 1.181.730	1.859.000

(1) amount paid in connection with the undertaking of post termination commitments, to benefit of the Bank, by an executive with strategic responsibilities who terminated in the course of 2014

Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-bis TABLE 2: Stock Options Assigned to the Members of theAdministrative Body, to General Managers and Other Executives with Strategic Responsibilities

					Options Held at Star of the Year				Options Assigned During the Year				Options Exercised During the Year		(14)	(15)	(16)
A	B	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)
Name and Surname	Office	Plan	Number of Options	Exercise Price	Period of Possible Exercise (fromto)	Number of Options	Exercise Price	Period of Possible Exercise (fromto)	Fair Value at Assign. Date	Assignment Date	Market Price of Underlying Shares upon Assignement of Options	Number of Options	Exercise Price	Market Price of Underlying Shares on Exercise Date	Options Lapsed During the Year (Number)	Options Held at the End of the Year	Options Relevant to the Year (Fair Value)
Federico Ghizzoni	Chief Executive Officer
(I) Compensation in company preparing financial		2004 Stock Options	26.882	22,419	03/09/2008 - 31/12/2017	-	-	-	-	-	-	-	-	-		26.882	-
statements		2005 Stock Options	35.843	26,878	18/11/2009 - 31/12/2018	-	-	-	-	-	-	-	-	-	-	35.843	-
		2006 Stock Options	32.349	33,205	13/06/2010 - 31/12/2019	-	-	-	-	-	-	-	-	-	-	32.349	-
		2007 Stock Options	56.137	39,583	15/07/2011 - 15/07/2017	-	-	-	-	-	-	-	-	-	-	56.137	-
		2008 Stock Options	141.270	23,351	09/07/2012 - 09/07/2018	-	-	-	-	-	-	-	-	-	-	141.270	-
		2011 Perf. Stock Options	672.125	4,010	01/01/2016 - 31/12/2022	-	-	-	-	-	-	-	-	-	-	672.125	324.543
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			964.606	-	-	0	-	-	0	-	-	0	-	-	0	964.606	324.543
Roberto Nicastro	General Manager
(I) Compensation in company preparing financial statements		2004 Stock Options	161.297	22,419	03/09/2008 - 31/12/2017	-	-	-	-	-	-	-	-	-	-	161.297	-
		2005 Stock Options	322.595	26,878	18/11/2009 - 31/12/2018	-	-	-	-	-	-	-	-	-	-	322.595	-
		2006 Stock Options	242.556	33,205	13/06/2010 - 31/12/2019	-	-	-	-	-	-	-	-	-	-	242.556	-
		2007 Stock Options	210.516	39,583	15/07/2011 - 15/07/2017	-	-	-	-	-	-	-	-	-	-	210.516	-
		2008 Stock Options	451.235	23,351	09/07/2012 - 09/07/2018	-	-	-	-	-	-	-	-	-	-	451.235	-
		2010 Perf. Stock Options	322.679	11,901	31/03/2014 - 31/12/2020	-	-	-	-	-	-	-	-	-	322.679	-	-
		2011 Perf. Stock Options	611.022	4,010	01/01/2016 - 31/12/2022	-	-	-	-	-	-	-	-	-	-	611.022	295.039
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			2.321.900	-	-	0	-	-	0	-	-	0	-	-	322.679	1.999.221	295.039
Other Executives with Strategic Responsibilities
(I) Compensation in company preparing financial	n. 5 Executives	2004 Stock Options	161.474	22,419	03/09/2008 - 31/12/2017	-	-	-	-	-	-	-	-	-	-	161.474	-
statements	n. 5 Executives	2005 Stock Options	320.622	26,878	18/11/2009 - 31/12/2018	-	-	-	-	-	-	-	-	-	-	320.622	-
	n. 5 Executives	2006 Stock Options	267.807	33,205	13/06/2010 - 31/12/2019	-	-	-	-	-	-	-	-	-	-	267.807	-
	n. 5 Executives	2007 Stock Options	289.179	39,583	15/07/2011 - 15/07/2017	-	-	-	-	-	-	-	-	-	-	289.179	-
	n. 5 Executives	2008 Stock Options	793.607	23,351	09/07/2012 - 09/07/2018	-	-	-	-	-	-	-	-	-	-	793.607	-
	n. 4 Executives	2010 Perf. Stock Options	482.605	11,901	31/03/2014 - 31/12/2020	-	-	-	-	-	-	-	-	-	482.605	-	-
	n. 5 Executives	2011 Perf. Stock Option	1.594.767	4,010	01/01/2016 - 31/12/2022	-	-	-	-	-	-	-	-	-	-	1.594.767	770.051
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			3.910.061	-	-	0	-	-	0	-	-	0	-	-	482.605	3.427.456	770.051

Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-bis

TABLE 3A: Incentive plans based on financial instruments other than stock options, in favour of members of the administrative body, general managers and other executives with strategic responsibilities

				Financial instruments assigned during previous years and not vested during the year			Financial instruments assigned during the year			Financial instruments vested during the year and not assigned	Financial instruments vested during the year and asignable		Financial instruments relevant to the year
A	B	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
Name and surname	Office	Plan	Number and type of financial instruments	Vesting period	Number and type of financial instruments	Fair val. on assign. date	Vesting period	Assignment date	Market price upon assignment	Number and type of financial instruments	Number and type of financial instruments	Value on maturity date	Fair Value
Federico Ghizzoni	Chief Executive Officer	-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in company preparing financial statements		Ordinary Shares UniCredit Piano	-	-	-	-	-	-	-	-	84.024	494.759	-
		Ordinary Shares UniCredit Piano 2013_2015	568.181	50% 31.12.2014 50% 31.12.2015	-	-	-	-	-	-	-	-	788.800
		Bonus 2014	-	-	175.464	1.100.000	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	09/04/2015	6,269		-	-	200.314
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	1.100.000	-	-	-	-	-	494.759	989.114
Roberto Nicastro	General Manager	-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in company preparing financial statements		2010 - Performance share	-	-	-	-	-	-	-	75.631	-	-	-
		Bonus 2014	-	-	79.757	500.000	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	09/04/2015	6,269	-	-	-	91.052
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	500.000	-	-	-	-	-	0	91.052
Other Executives with Strategic Responsibilities		-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in company preparing	n. 4 Executives	2010 - Performance share	-	-	-	-	-	-	-	142.232	-	-	-
financial statements	n. 1 Executive	Promise Shares UniCredit 2011 Bonus Opportunity Plan	37.094	50% 31.12.2014	-	-	-	-	-	-	37.094	218.421	39.205
	n. 1 Executive	Promise Shares UniCredit 2013 Bonus Opportunity Plan	7.177	40% - 31/12/2015 40% - 31/12/2016 20% _31.12.2017	-	-	-	-	-	-	-	-	891
	n. 6 Executives	Bonus 2014	-	-	325.481	2.040.500	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	09/04/2015	6,269	-	-	-	371.583
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	2.040.500	-	-	-	-	-	218.421	411.679

Consob Issuers' Regulation nr. 11971 - Attachment 3A / Schedule 7-bis TABLE 3B: Monetary Incentive Plans in Favour of Members of the Administrative Body, General Managers and Other Executives

A	B	(1)		(2)			(3)		(4)
				Annual Bonus			Previous Years Bonuses
Name and Surname	Office	Plan	(A)	(B)	( C )	(A)	(B)	( C )	Other Bonuses
			Payable / Paid	Deferred	Deferral Period	Non Longer Payable	Payable / Paid	Still Deferred
Federico Ghizzoni	Chief Executive Officer
Financial Statements	(I) Compensation In The Company Preparing the	Bonus 2014	440.000	660.000	50% - 31/12/2015 50% - 31/12/2016	-	-	-	-
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Total			440.000	660.000	-	-	-	-	-
Roberto Nicastro	General Manager
Financial Statements	(I) Compensation In The Company Preparing the	Bonus 2014	200.000	300.000	50% - 31/12/2015 50% - 31/12/2016	-	-	-	-
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Total			200.000	300.000	-	-	-	-	-
	Other executives with strategic responsibilities
Financial Statements	(I) Compensation In The Company Preparing the	Bonus 2014	816.200	1.224.300	50% - 31/12/2015 50% - 31/12/2016	-	-	-	-
		Cash LTI Plans for Control Functions	-	-	-	-	116.667	-	-
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Totale			816.200	1.224.300	-	-	116.667	-	-

Amounts in Euro

Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-ter

TABLE 1: Investments of the Members of the Administrative and Auditing Bodies and General Managers

						Number of Shares
Name and Surname	Office	Investee Company	Type of Shares	Held at the End of 2013 (1)	Coming from Scrip Dividend 2014	Acquired	Sold	Held at the End of 2014 (1)
BOARD OF DIRECTORS
Giuseppe Vita	Chairman	UniCredit	ord.	101.400	5.022	200.000		306.422
	indirect ownership (spouse)	UniCredit	ord.	5.000	83			5.083
Candido Fois	Deputy Vice Chairman			0				0
Vincenzo Calandra Buonaura	Vice Chairman	UniCredit	ord.	18.231	303			18.534
Luca Cordero di Montezemolo	Vice Chairman			0				0
Fabrizio Palenzona	Vice Chairman			0				0
Federico Ghizzoni	Chief Executive Officer	UniCredit	ord.	219.046	5.051	(2) 84.024	32.200	275.921
	indirect ownership (spouse)	UniCredit	ord.	1.500	25			1.525
Mohamed Ali Al Fahim	Director			0				0
Manfred Bischoff	Director	UniCredit	ord.	14.997				14.997
Henryka Bochniarz	Director			0				0
Alessandro Caltagirone	Director			0				0
Francesco Giacomin	Director			0				0
Helga Jung	Director	UniCredit	ord.	1.213	19	0	0	1.232
Marianna Li Calzi (3)	Director			0				0
Luigi Maramotti	Director	UniCredit	ord.	2.288.682	38.144			2.326.826
Giovanni Quaglia	Director	UniCredit	ord.	1.000	16			1.016
Lucrezia Reichlin	Director			0				0
Lorenzo Sassoli de Bianchi	Director			0				0
Alexander Wolfgring	Director							0
Anthony Wyand	Director	UniCredit	ord.	6.123				6.123
BOARD OF STATUTORY AUDITORS
Maurizio Lauri	Chairman of the Board of Statutory Auditors			0		4.500	0	4.500
Giiovanni Battista Alberti	Standing Auditor							0
	indirect ownership (spouse)	UniCredit	ord.	1.200	20			1.220
Cesare Bisoni	Standing Auditor			0		0	0	0
Enrico Laghi	Standing Auditor							0
Maria Enrica Spinardi	Standing Auditor							0
	indirect ownership (spouse)	UniCredit	ord.	1.000			1.000	0
Federica Bonato	Alternate Auditor	UniCredit	ord.	756	12			768
Beatrice Lombardini	Alternate Auditor	UniCredit	ord.	3.775	63			3.838
Paolo Domenico Sfameni	Alternate Auditor							0
	indirect ownership (spouse)	UniCredit	ord.			658		658
Pierpaolo Singer (3)	Alternate Auditor			0		0	0	0
(3) DIRETTORI GENERALI
Roberto Nicastro	Direttore Generale	UniCredit	ord.	245.364			0	245.364

(1) Or start / end date of appointment if different from indicated period

(2) Of which nr. 84.023 free ordinary shares granted during 2013 in execution of the UniCredit Share Plan approved by the Shareholders' Meeting

(2) Free ordinary shares granmted during 2014 in execution of the UniCredit Share Plan approved by the Shareholders Meeting

Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-ter TABLE 2: Investments of Other Executives with Strategic Responsibilities

					Number of Shares
Number of Executives with Strategic Responsibilities	Investee Company	Type of Share	Held at the End of 2013 (1)	Coming from Scrip Dividend 2014	Acquired	Sold		Held at the End of 2014 (1)
7	UniCredit	ord.	375.183	(2) 0	(3) 37.094		0	(2) 418.719

(1) Or start / end date of appointment if different from indicated period

(2) Of which 42 indirect possess

(3) Free ordinary shares granted in 2014 in relation to the payment of deferred incentives under the Group incentive system