Unicredit — Remuneration Information 2016

Mar 14, 2016

ANNEX 1 TO 2016 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 2015

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 First 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 a brief information on the contents of the various tables is reported:

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 2015 to the Board of Directors and to the Board of Statutory Auditors amounts respectively to € 8,005,391 and € 660.371.

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..

The Performance Shares 2011 lapsed since the Board of Directors of 10th March 2016 verified that the underlying vesting conditions have not been met.

All the stock options granted to the General Manager between 2004 and 2007 lapsed according to the respective Rules in view of the beneficiary's termination.

At current prices, all 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 the number of shares promised and/or granted in connection with the annual incentive systems, as well as information regarding the Long Term Incentive Plan 2015 - 2018 based on Phantom Shares for the CEO, the General Manager and 2 Deputy General Managers that was launched in 2015, with vesting subject to the achievement of performance conditions at the end of 2016 and 2018.

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 and / or paid 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 Manager as well as by other executives with strategic responsibilities.

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

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

Amounts in Euro

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation					Variable non-equity					Severance
							Comp.for			Compensati							indemnity
				Emolument		Lump sum	specific			on for			Non	Other		Fair value	for end of
Name and surname	Office	Period for which office was held	Office expiry	s resolved by the	Attendance	expense	offices ex	Employmen t fixed	Total	committee	Bonuses and other	Profit	monetary	remuneratio	Total	of equity compensati	office or
				Shareholde	tokens	reimbursem	sec. 2389	salary		participatio	incentives	sharing	benefits	n		on	termination
				rs' Meeting		ents	Italian Civil			n							of
							Code										employment
	Giuseppe Vita Chairman of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	1.321.378	6.800		125.000		1.453.178				12.906	10.792	1.476.876
	Chairman of the Permanent Strategic Committee	01/01/2015 12/05/2015		0	2.000				2.000						2.000
	Chairman of the Corporate Governance, HR and Nomination Committee	01/01/2015 12/05/2015			2.000				2.000						2.000
	Member of the Corporate Governance, HR and Nomination Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.000				27.534						27.534
	Chairman of the Remuneration Committee	01/01/2015 12/05/2015			1.600				1.600						1.600
	Member of the Remuneration Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	1.200				26.734						26.734
	Member of the Internal Controls and Risks Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	4.800				43.353						43.353
	Member of the Internal Controls Sub-Committee	01/01/2015 12/05/2015							0						0
	Member of the Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			1.411.000	22.000	0	125.000	0	1.558.000	0	0	0	12.906	10.792	1.581.698	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			1.411.000	22.000	0	125.000	0	1.558.000	0	0	0	12.906	10.792	1.581.698	0	0
	Candido Fois Deputy Vice Chairman of the Board of Directors	01/01/2015 12/05/2015		29.151	2.800		56.479		88.430				2.551		90.981
	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.118	1.600				14.718						14.718
	Member of the Remuneration Committee	01/01/2015 12/05/2015		13.118	1.200				14.318						14.318
	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.118	2.000				15.118						15.118
	Member of the Internal Controls Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Member of the Risks Sub-Committee	01/01/2015 12/05/2015							0						0
	Permanent Guest of the Corporate Governance, HR and Nomination Committee 01/01/2015 12/05/2015								0						0
	(I) Compensation in the company preparing the financial statements			68.504	8.000	0	56.479	0	132.984	0	0	0	2.551	0	135.534	0	0
	(II) Compensation from subsidiaries and associates			82.301					82.301						82.301
	(III) Total			150.805	8.000	0	56.479	0	215.285	0	0	0	2.551	0	217.835	0	0
Vincenzo	Vice Chairman of the Board of Directors	01/01/2015 12/05/2015		28.932	3.600		56.055		88.586				7.114		95.700
Calandra	Deputy Vice Chairman of the Board of Directors		12/05/2015 31/12/2015 approv. bil. 2017	57.452	3.200		98.945		159.597						159.597
Buonaura	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Member of the Corporate Governance, HR and Nomination Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	4.400				42.953						42.953
	Member of the Internal Controls and Risks Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.800				28.334						28.334
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			163.490	17.200	0	155.000	0	335.690	0	0	0	7.114	0	342.804	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			163.490	17.200	0	155.000	0	335.690	0	0	0	7.114	0	342.804	0	0
Luca Cordero	Vice Chairman of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	5.600		155.000		246.984						246.984
di	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	1.200				14.219						14.219
Montezemolo	Member of the Corporate Governance, HR and Nomination Committee	01/01/2015 12/05/2015		13.019	1.200				14.219						14.219
	Chairman of the Corporate Governance, HR and Nomination Committee		01/01/2015 31/12/2015 approv. bil. 2017	31.918	2.000				33.918						33.918
	Attendance Off Site Meeting				800				800						800
	(I) Compensation in the company preparing the financial statements			144.340	10.800	0	155.000	0	310.140	0	0	0	0	0	310.140	0	0
	(II) Compensation from subsidiaries and associates			300.000					300.000						300.000
	(III) Total			444.340	10.800	0	155.000	0	610.140	0	0	0	0	0	610.140	0	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation					Variable non-equity					Severance
							Comp.for			Compensati							indemnity
Name and		Period for which office		Emolument s resolved		Lump sum	specific	Employmen		on for	Bonuses		Non	Other		Fair value of equity	for end of
surname	Office	was held	Office expiry	by the	Attendance	expense	offices ex	t fixed	Total	committee	and other	Profit	monetary	remuneratio	Total	compensati	office or
				Shareholde	tokens	reimbursem	sec. 2389	salary		participatio	incentives	sharing	benefits	n		on	termination
				rs' Meeting		ents	Italian Civil Code			n							of employment
Fabrizio Palenzona	Vice Chairman of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	6.800		155.000		248.184						248.184
	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Member of the Corporate Governance, HR and Nomination Committee Member of the Internal Controls and Risks Committee		01/01/2015 31/12/2015 approv. bil. 2017 12/05/2015 31/12/2015 approv. bil. 2017	38.553 25.534	4.000 2.400				42.553 27.934						42.553 27.934
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			163.490	16.400	0	155.000	0	334.890	0	0	0	0	0	334.890	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			163.490	16.400	0	155.000	0	334.890	0	0	0	0	0	334.890	0	0
Federico	Chief Executive Officer		01/01/2015 31/12/2015 approv. bil. 2017	86.384	6.800		379.578	1.579.030	2.051.792		770.000		347.317	30.111	3.199.220	1.918.772
Ghizzoni	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Member of the Corporate Governance, HR and Nomination Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			112.422	12.400	0	379.578	1.579.030	2.083.430	0	770.000	0	347.317	30.111	3.230.858	1.918.772	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			112.422	12.400	0	379.578	1.579.030	2.083.430	0	770.000	0	347.317	30.111	3.230.858	1.918.772	0
Mohamed Ali	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	3.600				32.751						32.751
Al Fahim	(I) Compensation in the company preparing the financial statements			29.151	3.600	0	0	0	32.751	0	0	0	0	0	32.751	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			29.151	3.600	0	0	0	32.751	0	0	0	0	0	32.751	0	0
Mohamed	Member of the Board of Directors	13/05/2015 14/10/2015		38.219	1.600				39.819						39.819
Hamed	Attendance Off Site Meeting								0						0
Badawy Al Husseiny	(I) Compensation in the company preparing the financial statements			38.219	1.600	0	0	0	39.819	0	0	0	0	0	39.819	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			38.219	1.600	0	0	0	39.819	0	0	0	0	0	39.819	0	0
Mohamed	Member of the Board of Directors		15/10/2015 31/12/2015 approv. bil. 2015	19.233	400				19.633						19.633
Hamad Al	Attendance Off Site Meeting								0						0
Mehairi	(I) Compensation in the company preparing the financial statements			19.233	400	0	0	0	19.633	0	0	0	0	0	19.633	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			19.233	400	0	0	0	19.633	0	0	0	0	0	19.633	0	0
Manfred	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	4.800				91.184						91.184
Bischoff	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	1.200				14.219						14.219
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			99.403	7.200	0	0	0	106.603	0	0	0	0	0	106.603	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			99.403	7.200	0	0	0	106.603	0	0	0	0	0	106.603	0	0
	Cesare Bisoni Member of the Board of Directors Member of the Internal Controls and Risks Committee		13/05/2015 31/12/2015 approv. bil. 2017 13/05/2015 31/12/2015 approv. bil. 2017	57.452 25.534	3.200 2.800				60.652 28.334						60.652 28.334
	Chairman of the Related Parties and Equities Investments Committee		13/05/2015 31/12/2015 approv. bil. 2017	31.918	2.800				34.718						34.718
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			114.904	10.400	0	0	0	125.304	0	0	0	0	0	125.304	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			114.904	10.400	0	0	0	125.304	0	0	0	0	0	125.304	0	0

(A)	(B)	(C)	(D)				(1)			(2)	(3)		(4)	(5)	(6)	(7)	(8)
							Fixed compensation				Variable non-equity						Severance
							Comp.for			Compensati							indemnity
				Emolument		Lump sum	specific			on for			Non	Other		Fair value	for end of
Name and surname	Office	Period for which office was held	Office expiry	s resolved	Attendance	expense	offices ex	Employmen		committee	Bonuses	Profit	monetary	remuneratio	Total	of equity compensati	office or
				by the Shareholde	tokens	reimbursem	sec. 2389	t fixed salary	Total	participatio	and other incentives	sharing	benefits	n		on	termination
				rs' Meeting		ents	Italian Civil			n							of
							Code										employment
Henryka	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	6.400				92.784						92.784
Bochniarz	Member of the Remuneration Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	3.200				41.753						41.753
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				400				400						400
	(I) Compensation in the company preparing the financial statements			124.937	10.400	0	0	0	135.337	0	0	0	0	0	135.337	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	124.937 86.384	10.400 5.200	0	0	0	135.337 91.584	0	0	0	0	0	135.337 91.584	0	0
Alessandro Caltagirone	Member of the Corporate Governance, HR and Nomination Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	2.800				41.353						41.353
	Member of the Remuneration Committee	01/01/2015 12/05/2015		13.019	800				13.819						13.819
	Chairman of the Remuneration Committee		12/05/2015 31/12/2015 approv. bil. 2017	31.918	1.200				33.118						33.118
	Attendance Off Site Meeting								0						0
	(I) Compensation in the company preparing the financial statements			169.874	10.000	0	0	0	179.874	0	0	0	0	0	179.874	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			169.874	10.000	0	0	0	179.874	0	0	0	0	0	179.874	0	0
Francesco	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	3.600				32.751						32.751
Giacomin	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.118	1.600				14.718						14.718
	Member of the Internal Controls Sub-Committee	01/01/2015 12/05/2015							0						0
	Entitled to attend also Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	(I) Compensation in the company preparing the financial statements			42.268	5.600	0	0	0	47.868	0	0	0	0	0	47.868	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			42.268	5.600	0	0	0	47.868	0	0	0	0	0	47.868	0	0
Helga Jung	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	5.600				91.984						91.984
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				800				800						800
	(I) Compensation in the company preparing the financial statements			86.384	6.800	0	0	0	93.184	0	0	0	0	0	93.184	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			86.384	6.800	0	0	0	93.184	0	0	0	0	0	93.184	0	0
Marianna Li	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	3.600				32.751				2.551		35.301
Calzi	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.118	2.000				15.118						15.118
	Member of the Internal Controls Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Entitled to attend also Risks Sub-Committee	01/01/2015 12/05/2015							0						0
	Chairman of the Related Parties and Equities Investments Committee	01/01/2015 12/05/2015		13.118	3.200				16.318						16.318
	(I) Compensation in the company preparing the financial statements			55.386	9.200	0	0	0	64.586	0	0	0	2.551	0	67.137	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			55.386	9.200	0	0	0	64.586	0	0	0	2.551	0	67.137	0	0
Luigi	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	2.400				31.551						31.551
Maramotti	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.118	1.200				14.318						14.318
	Member of the Corporate Governance, HR and Nomination Committee	01/01/2015 12/05/2015		13.118	1.200				14.318						14.318
	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.118	1.200				14.318						14.318
	Member of the Risks Sub-Committee	01/01/2015 12/05/2015							0						0
	Entitled to attend also Internal Controls Sub-Committee	01/01/2015 12/05/2015			400				400						400
	(I) Compensation in the company preparing the financial statements			68.504	6.400	0	0	0	74.904	0	0	0	0	0	74.904	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			68.504	6.400	0	0	0	74.904	0	0	0	0	0	74.904	0	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
						Fixed compensation						Variable non-equity					Severance
							Comp.for			Compensati							indemnity
Name and		Period for which office		Emolument s resolved		Lump sum	specific	Employmen		on for	Bonuses		Non	Other		Fair value of equity	for end of
surname	Office	was held	Office expiry	by the	Attendance	expense	offices ex	t fixed	Total	committee	and other	Profit	monetary	remuneratio	Total	compensati	office or
				Shareholde	tokens	reimbursem	sec. 2389	salary		participatio	incentives	sharing	benefits	n		on	termination
				rs' Meeting		ents	Italian Civil Code			n							of employment
Giovanni Quaglia	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	3.600				32.751						32.751
	Member of the Corporate Governance, HR and Nomination Committee Member of the Related Parties and Equities Investments Committee	01/01/2015 12/05/2015 01/01/2015 12/05/2015		13.118 13.118	2.000 3.200				15.118 16.318						15.118 16.318
	Member of the Supervisory Body ex D.Lgs. 231/2001	01/01/2015 10/06/2015		7.940	1.600				9.540						9.540
	(I) Compensation in the company preparing the financial statements			63.326	10.400	0	0	0	73.726	0	0	0	0	0	73.726	0	0
	(II) Compensation from subsidiaries and associates			7.288					7.288						7.288
	(III) Total			70.614	10.400	0	0	0	81.014	0	0	0	0	0	81.014	0	0
	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	5.600				91.984						91.984
Lucrezia Reichlin	Member of the Permanent Strategic Committee	01/01/2015 12/05/2015		13.019	1.600				14.619						14.619
	Member of the Internal Controls and Risks Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	4.000				42.553						42.553
	Member of the Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Entitled to attend also Internal Controls Sub-Committee	01/01/2015 12/05/2015			0				0						0
	Member of the Related Parties and Equities Investments Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.800				28.334						28.334
	Chairman of the Supervisory Body ex D.Lgs. 231/2001 (pro tempore)	01/01/2015 10/06/2015		15.879	1.600				17.479						17.479
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				800				800						800
	(I) Compensation in the company preparing the financial statements			179.370	17.200	0	0	0	196.570	0	0	0	0	0	196.570	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			179.370	17.200	0	0	0	196.570	0	0	0	0	0	196.570	0	0
Lorenzo	Member of the Board of Directors	01/01/2015 12/05/2015		29.151	3.600				32.751						32.751
Sassoli de	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.118	1.200				14.318						14.318
Bianchi	Member of the Internal Controls Sub-Committee	01/01/2015 12/05/2015							0						0
	Entitled to attend also Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Member of the Related Parties and Equities Investments Committee	01/01/2015 12/05/2015		13.118	2.800				15.918						15.918
	(I) Compensation in the company preparing the financial statements			55.386	8.000	0	0	0	63.386	0	0	0	0	0	63.386	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			55.386	8.000	0	0	0	63.386	0	0	0	0	0	63.386	0	0
Clara Streit	Member of the Board of Directors		12/05/2015 31/12/2015 approv. bil. 2017	57.452	3.200				60.652						60.652
	Member of the Corporate Governance, HR and Nomination Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.000				27.534						27.534
	Member of the Internal Controls and Risks Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.400				27.934						27.934
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			108.521	8.800	0	0	0	117.321	0	0	0	0	0	117.321	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			108.521	8.800	0	0	0	117.321	0	0	0	0	0	117.321	0	0
	Paola Vezzani Member of the Board of Directors		12/05/2015 31/12/2015 approv. bil. 2017	57.452	3.200				60.652						60.652
	Member of the Internal Controls and Risks Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.800				28.334						28.334
	Member of the Related Parties and Equities Investments Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.800				28.334						28.334
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			108.521	10.400	0	0	0	118.921	0	0	0	0	0	118.921	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			108.521	10.400	0	0	0	118.921	0	0	0	0	0	118.921	0	0

(A)	(B)	(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation				Variable non-equity						Severance
							Comp.for			Compensati							indemnity
Name and		Period for which office		Emolument s resolved		Lump sum	specific	Employmen		on for	Bonuses		Non	Other		Fair value of equity	for end of
surname	Office	was held	Office expiry	by the	Attendance	expense	offices ex	t fixed	Total	committee	and other	Profit	monetary	remuneratio	Total	compensati	office or
				Shareholde	tokens	reimbursem	sec. 2389	salary		participatio	incentives	sharing	benefits	n		on	termination
				rs' Meeting		ents	Italian Civil Code			n							of employment
Alexander Wolfgring	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	6.800				93.184				7.114		100.297
	Member of the Remuneration Committee		01/01/2015 31/12/2015 approv. bil. 2017	38.553	3.200				41.753						41.753
	Member of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Chairman of the Internal Controls and Risks Committee		12/05/2015 31/12/2015 approv. bil. 2017	95.753	2.800				98.553						98.553
	Member of the Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Entitled to attend also Internal Controls Sub-Committee	01/01/2015 12/05/2015			0				0						0
	Attendance Off Site Meeting				1.600				1.600						1.600
	(I) Compensation in the company preparing the financial statements (II) Compensation from subsidiaries and associates			233.710	16.800	0	0	0	250.510 0	0	0	0	7.114	0	257.623 0	0	0
	(III) Total			233.710	16.800	0	0	0	250.510	0	0	0	7.114	0	257.623	0	0
Anthony	Member of the Board of Directors		01/01/2015 31/12/2015 approv. bil. 2017	86.384	5.600				91.984						91.984
Wyand	Member of the Corporate Governance, HR and Nomination Committee	01/01/2015 12/05/2015		13.019	2.000				15.019						15.019
	Member of the Remuneration Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	1.600				27.134						27.134
	Chairman of the Internal Controls and Risks Committee	01/01/2015 12/05/2015		63.649	2.000				65.649						65.649
	Member of the Internal Controls and Risks Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.800				28.334						28.334
	Chairman of the Internal Controls Sub-Committee	01/01/2015 12/05/2015							0						0
	Chairman of the Risks Sub-Committee	01/01/2015 12/05/2015			400				400						400
	Invited Corporate Governance, HR and Nomination Committee 31.10.2015				400				400						400
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			214.121	16.000	0	0	0	230.121	0	0	0	0	0	230.121	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			214.121	16.000	0	0	0	230.121	0	0	0	0	0	230.121	0	0
	Member of the Board of Directors		12/05/2015 31/12/2015 approv. bil. 2017	57.452	2.800				60.252						60.252
Elena Zambon	Member of the Corporate Governance, HR and Nomination Committee		12/05/2015 31/12/2015 approv. bil. 2017	25.534	2.400				27.934						27.934
	Attendance Off Site Meeting				1.200				1.200						1.200
	(I) Compensation in the company preparing the financial statements			82.986	6.400	0	0	0	89.386	0	0	0	0	0	89.386	0	0
	(II) Compensation from subsidiaries and associates								0						0
	(III) Total			82.986	6.400	0	0	0	89.386	0	0	0	0	0	89.386	0	0
TOTAL BOARD	(I) Compensation in the company preparing the financial statements			3.957.449	252.400	0	1.026.058	1.579.030	6.814.937	0	770.000	0	379.552	40.903	8.005.391	1.918.772	0
OF
DIRECTORS	(II) Compensation from subsidiaries and associates			389.589	0	0	0	0	389.589	0	0	0	0	0	389.589	0	0
	(III) Total			4.347.038	252.400	0	1.026.058	1.579.030	7.204.525	0	770.000	0	379.552	40.903	8.394.980	1.918.772	0

(A)	(B)	(C)		(D)			(1)				(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixed compensation						Variable non-equity					Severance
					Emolument			Comp.for			Compensati						Fair value	indemnity
Name and		Period for which office			s resolved		Lump sum	specific	Employmen		on for	Bonuses		Non	Other		of equity	for end of
surname	Office	was held		Office expiry	by the	Attendance	expense	offices ex	t fixed	Total	committee	and other	Profit	monetary	remuneratio	Total	compensati	office or
					Shareholde	tokens	reimbursem ents	sec. 2389 Italian Civil	salary		participatio n	incentives	sharing	benefits	n		on	termination of
					rs' Meeting			Code										employment
	Maurizio Lauri Chairman of the Board of Statutory Auditors			01/01/2015 31/12/2015 approv. bil. 2015	140.000	16.400				156.400				7.113		163.513
	(I) Compensation in the company preparing the financial statements				140.000	16.400	0	0	0	156.400	0	0	0	7.113	0	163.513	0	0
	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				140.000	16.400	0	0	0	156.400	0	0	0	7.113	0	163.513	0	0
Giovanni	Standing Auditor	01/01/2015 09/11/2015			85.753	14.000				99.753				5.776		105.528
Battista	(I) Compensation in the company preparing the financial statements				85.753	14.000	0	0	0	99.753	0	0	0	5.776	0	105.528	0	0
Alberti	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				85.753	14.000	0	0	0	99.753	0	0	0	5.776	0	105.528	0	0
	Standing Auditor	01/01/2015 14/04/2015			28.493	7.200				35.693				1.995		37.688
Cesare Bisoni	(I) Compensation in the company preparing the financial statements				28.493	7.200	0	0	0	35.693	0	0	0	1.995	0	37.688	0	0
	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				28.493	7.200	0	0	0	35.693	0	0	0	1.995	0	37.688	0	0
Federica	Standing Auditor	15/04/2015	12/05/2015		23.119	1.200				24.319				1.127		25.446
Bonato		10/11/2015	09/12/2015
	(I) Compensation in the company preparing the financial statements				23.119	1.200	0	0	0	24.319	0	0	0	1.127	0	25.446	0	0
	(II) Compensation from subsidiaries and associates				4.740	800				5.540				752		6.292
	(III) Total				27.859	2.000	0	0	0	29.859	0	0	0	1.879	0	31.738	0	0
Angelo Rocco	Standing Auditor			13/05/2015 31/12/2015 approv. bil. 2015	63.835	9.600				73.435				4.582		78.017
Bonissoni	(I) Compensation in the company preparing the financial statements				63.835	9.600	0	0	0	73.435	0	0	0	4.582	0	78.017	0	0
	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				63.835	9.600	0	0	0	73.435	0	0	0	4.582	0	78.017	0	0
Enrico Laghi	Standing Auditor			01/01/2015 31/12/2015 approv. bil. 2015	100.000	11.200				111.200				7.113		118.313
	(I) Compensation in the company preparing the financial statements				100.000	11.200	0	0	0	111.200	0	0	0	7.113	0	118.313	0	0
	(II) Compensation from subsidiaries and associates (III) Total				25.000 125.000	11.200	0	0	0	25.000 136.200	0	0	0	7.113	0	25.000 143.313	0	0
	Standing Auditor	09/12/2015 09/12/2015								0						0
Beatrice Lombardini	(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	Standing Auditor	09/12/2015 09/12/2015								0						0
Domenico	(I) Compensation in the company preparing the financial statements				0	0	0	0	0	0	0	0	0	0	0	0	0	0
Sfameni	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pierpaolo	Standing Auditor			09/12/2015 31/12/2015 approv. bil. 2015	6.301	1.200				7.501				452		7.953
Singer	(I) Compensation in the company preparing the financial statements				6.301	1.200	0	0	0	7.501	0	0	0	452	0	7.953	0	0
	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				6.301	1.200	0	0	0	7.501	0	0	0	452	0	7.953	0	0
Maria Enrica	Standing Auditor			01/01/2015 31/12/2015 approv. bil. 2015	100.000	16.800				116.800				7.113		123.913
Spinardi	(I) Compensation in the company preparing the financial statements				100.000	16.800	0	0	0	116.800	0	0	0	7.113	0	123.913	0	0
	(II) Compensation from subsidiaries and associates									0						0
	(III) Total				100.000	16.800	0	0	0	116.800	0	0	0	7.113	0	123.913	0	0
	(I) Compensation in the company preparing the financial statements				547.501	77.600	0	0	0	625.101	0	0	0	35.270	0	660.371	0	0
TOTAL BOARD STATUTORY	(II) Compensation from subsidiaries and associates				29.740	800	0	0	0	30.540	0	0	0	752	0	31.292	0	0
AUDITORS
	(III) Total				577.240	78.400	0	0	0	655.640	0	0	0	36.022	0	691.663	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	Fixed compensation 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	Variable non-equity Bonuses and other incentives	Profit sharing	Non monetary benefits	Other remuneratio n	Total	Fair value of equity compensati on	Severance indemnity for end of office or termination of employment
Roberto	General Manager	01/01/2015 30/09/2015						1.076.820	1.076.820		350.000		224.650	143.718	1.795.188	959.099	5.393.691 (1)
Nicastro	(I) Compensation in the company preparing the financial statements							1.076.820	1.076.820		350.000		224.650	143.718	1.795.188	959.099	5.393.691
	(II) Compensation from subsidiaries and associates
	(III) Total							1.076.820	1.076.820		350.000		224.650	143.718	1.795.188	959.099	5.393.691

Other Executives	(I) Compensation in the company preparing the financial statements			6.407.551	6.407.551	2.049.625	961.644	373.498	9.792.317	3.115.276	3.774.550 (2)
with strategic responsibilitie s (total 7	(II) Compensation from subsidiaries and associates
people on yearly basis)	(III) Total			6.407.551	6.407.551	2.049.625	961.644	373.498	9.792.317	3.115.276	3.774.550

(1) overall amount of the payments related to the employment resolution. As already disclosed with Press Release of 5th August 2015, the amount of € 2.716.192,00 gross (corresponding to the cost of the indemnity in lieu of notice and to 20% of the severance) has been paid upon termination, while for the remaining quota of the severance of € 2.677.499,00 gross it is foreseen the deferred disbursement over further 5 years, in cash and shares, conditional to maitainment of adequate capitalization and liquidity requirements by the Bank and subject to malus and clawback clauses.

(2) overall amount of the payments related to the employment resolution of one executive with strategic responsibilities. The amount of € 1.845.550,00 euro gross (corresponding to the cost of the indemnity in lieu of notice and to 20% of the severance) has been paid upon termination, while for the remaining quota of the severance of € 1.929.000,00 gross it is foreseen the deferred disbursement over further 5 years, in cash and shares, conditional to maitainment of adequate capitalization and liquidity requirements by the Bank and subject to malus and clawback clauses.

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	-	-
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			964.606	-	-	-	-	-	-	-	-	-		- -	672.125	292.481	-
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	-
		2011 Perf. Stock Options	611.022	4,010	01/01/2016 - 31/12/2022	-	-	-	-	-	-	-		- -	611.022	-	-
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-		- -	-	-	-
(III) Total			1.999.221	-	-	-	-	-	-	-	-	-		- -	1.547.986	451.235	-
Other Executives with Strategic Responsibilities (I) Compensation in company
preparing financial	n. 6 Executives	2004 Stock Options	163.355	22,419	03/09/2008 - 31/12/2017	-	-	-	-	-	-	-		- -	16.169	147.186	-
statements	n. 6 Executives	2005 Stock Options	327.790	26,878	18/11/2009 - 31/12/2018	-	-	-	-	-	-	-		- -	28.675	299.115	-
	n. 6 Executives	2006 Stock Options	273.201	33,205	13/06/2010 - 31/12/2019	-	-	-	-	-	-	-		- -	21.578	251.623	-
	n. 7 Executives	2007 Stock Options	300.209	39,583	15/07/2011 - 15/07/2017	-	-	-	-	-	-	-		- -	28.069	272.140	-
	n. 7 Executives	2008 Stock Options	821.307	23,351	09/07/2012 - 09/07/2018	-	-	-	-	-	-	-		- -	-	821.307	-
(II) Compensation from Subsidiaries and Associates	n. 6 Executives	2011 Perf. Stock Option -	1.061.954 -	4,010 -	01/01/2016 - 31/12/2022 -	- -	- -	- -	- -	- -	- -	- -		- - - -	1.061.954 -	- -	- -
(III) Total			2.947.816	-	-	-		-	- -		-	- -		- -	1.156.445	1.791.371	-

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	Amministratore	-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in company preparing financial statements	Delegato	Azioni Ordinarie UniCredit Piano 2013_2015	284.091	31.12.2015	-	-	-	-	-	-	284.090	1.782.665	320.735
		Group Incentive System 2014	175.464	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	-	-	-	-	-	-	-	-	193.311
		Long Term Incentive Systrem 2015 - 2018 (Phantom Share)	-	-	conversion in nr. of units at vesting		5.200.000 50% - 31/12/2016 50% - 31/12/2018	April 2015	ns	-	-	-	891.429
		Group Incentive System 2015	-	-	322.485	1.100.000	40% - 31/12/2017 20% - 31/12/2018 20% - 31/12/2019 20% - 31/12/2020	March 2016	3,411	-	-	-	513.297
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	6.300.000	-	-	-	-	-	1.782.665	1.918.772
Roberto Nicastro	General Manager	-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in company preparing financial statements		Group Incentive System 2014	79.757	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	-	-	-	-	-	-	-	-	87.869
		Long Term Incentive Systrem 2015 - 2018 (Phantom Share)	-	-	conversion in nr. of units at vesting		860.000 50% - 31/12/2016 50% - 31/12/2018	April 2015	ns	-	-	-	589.714
		Group Incentive System 2015	-	-	146.581	500.000	40% - 31/12/2017 20% - 31/12/2018 20% - 31/12/2019 20% - 31/12/2020	March 2016	3,411	-	-	-	281.516
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	1.360.000	-	-	-	-	-		- 959.099
Altri Dirigenti con resposabilità strategiche		-	-	-	-	-	-	-	-	-	-	-	-
(I) Compensation in	3 executives	Group Incentive System 2011	-	-		-	- -	-	-		- 86.419	542.279	-
company preparing financial statements	2 executives	Group Incentive System 2012	108.877	66,6% 31/12/2015 33,3% 31/12/2016	-		- -	-	-		- 72.585	455.471	86.012
	2 executives	Group Incentive System 2013	84.902	40% 31/12/2015 40% 31/12/2016 20% 31/12/2017	-		- 0	0	0		- -		- 136.129
	8 executives	Group Incentive System 2014	423.500	40% - 31/12/2017 30% - 31/12/2018 30% - 31/12/2019	-		- -	-	-		- -		- 466.576
	2 executives	Long Term Incentive Systrem 2015 - 2018 (Phantom Share)	-	-	conversion in nr. of units at vesting		6.400.000 50% - 31/12/2016 50% - 31/12/2018	April 2015	ns (1)	-	-	-	1.097.143
	8 executives	Group Incentive System 2015	-	-	826.716	2.820.000	40% - 31/12/2017 20% - 31/12/2018 20% - 31/12/2019 20% - 31/12/2020	March 2016	3,411		- -		- 1.329.416
(II) Compensation from Subsidiaries and Associates		-	-	-	-	-	-	-	-	-	-	-	-
(III) Total			-	-	-	9.220.000	-	-	-	-	-	997.750	3.115.276

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
	(I) Compensation In The Company Preparing the	Group Incentive System 2014	-	-	-	-	330.000	330.000	-
Financial Statements		Group Incentive System 2015	440.000	660.000	50% - 31/12/2016 50% - 31/12/2020	-	-	-	-
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Total			440.000	660.000	-	-	330.000	330.000	-
Roberto Nicastro	General Manager
	(I) Compensation In The Company Preparing the	Group Incentive System 2014	-	-	-	-	150.000	150.000	-
Financial Statements		Group Incentive System 2015	200.000	300.000	50% - 31/12/2016 50% - 31/12/2020	-	-	-	-
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Total			200.000	300.000	-	-	150.000	150.000	-
	Other executives with strategic responsibilities
	(I) Compensation In The Company Preparing the	Group Incentive System 2012	-	-	-	-	34.000		- -
Financial Statements		Group Incentive System 2013	-	-	-	-	91.125	8.415	-
		Group Incentive System 2014	-	-	-	-	796.500	796.500	-
		Group Incentive System 2015	1.128.000	1.692.000	50% - 31/12/2016 50% - 31/12/2020	-		-	- -
	(II) Compensation from Subsidiaries and Associates	nn	-	-	-	-	-	-	-
(III) Total			1.128.000	1.692.000	-	-	921.625	804.915	-

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 2014 (1)	Coming from Scrip Dividend 2015	Acquired	Sold	Held at the End of 2015 (1)
BOARD OF DIRECTORS
Giuseppe Vita	Chairman	UniCredit	ord.	306.422	6.127	200.000		512.549
	indirect ownership (spouse)	UniCredit	ord.	5.083	101			5.184
Candido Fois (a)	Vice Presidente Vicario			0				0
Vincenzo Calandra Buonaura Vice Presidente		UniCredit	ord.	18.534	370			18.904
Luca Cordero di Montezemolo Vice Presidente				0				0
Fabrizio Palenzona	Vice Presidente			0				0
Federico Ghizzoni	Chief Executive Officer	UniCredit	ord.	275.921	8.646	156.423 (2)		440.990
	indirect ownership (spouse)	UniCredit	ord.	1.525	30			1.555
Mohamed Ali Al Fahim (a)	Director			0				0
Mohamed Hamed Badawy Al-Husseiny (c)	Director			0				0
Mohamed Hamad Al Mehairi	Director (c)			0				0
Manfred Bischoff	Director	UniCredit	ord.	14.997				14.997
Cesare Bisoni (b)	Director							0
Henryka Bochniarz	Director			0				0
Alessandro Caltagirone	Director			0				0
Francesco Giacomin (a)	Director			0				0
Helga Jung	Director	UniCredit	ord.	1.232	23			1.255
Marianna Li Calzi (a)	Director			0				0
Luigi Maramotti (a)	Director	UniCredit	ord.	2.326.826				2.326.826
Giovanni Quaglia (a)	Director							0
	indirect ownership (spouse)	UniCredit	ord.	1.016	20			1.036
Lucrezia Reichlin	Director			0				0
Lorenzo Sassoli de Bianchi (a)Director				0				0
Clara Streit (b)	Director	UniCredit	ord.	0		1.000		1.000
Paola Vezzani (b)	Director			0				0
Alexander Wolfgring	Director			0				0
Anthony Wyand	Director	UniCredit	ord.	6.123				6.123
Elena Zambon (b)	Director							0
BOARD OF STATUTORY AUDITORS
Maurizio Lauri	Chairman of the Board of Statutory Auditors			4.500	166			4.666
Giiovanni Battista Alberti	Standing Auditor			0				0
	indirect ownership (spouse)	UniCredit	ord.	1.220	24			1.244
Cesare Bisoni	Standing Auditor			0				0
Federica Bonato	Standing Auditor	UniCredit	ord.	768		15		783
Angelo Rocco Bonissoni	Standing Auditor			0				0
Enrico Laghi	Standing Auditor			0				0
Beatrice Lombardini	Standing Auditor	UniCredit	ord.	3.838	77			3.915
Paolo Domenico Sfameni	Standing Auditor			0				0
	indirect ownership (spouse)	UniCredit	ord.	658				658
Pierpaolo Singer	Standing Auditor			0				0
Maria Enrica Spinardi	Standing Auditor			0				0
GENERAL MANAGERS
Roberto Nicastro (d)	Direttore Generale	UniCredit	ord.	245.364				0 245.364

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

(a) from 1/1/2015 to 13/5/2015

(b) from 13/5/2015 to 31/12/2015

(c) Mr. Al-Husseiny from 13/5/2015 to 14/10/2015 - Mr. Al Mehairi from 15/10/2015 to 31/12/2015. (d) from 01/01/2015 to 30/09/2015

(2) granting during 2015 of nr. 284,090 free ordinary shares, net of 127,667 shares sold within the Share Netting process, 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 2014 (1)	Coming from Scrip Dividend 2014	Acquired	Sold		Held at the End of 2015 (1)
8	UniCredit	ord.	489.526	(2) 8.064	70.784 (3)		0	568.374 (2)

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

(2) Of which 42 indirect possess

(3) mostly coming from the granting of free ordinary shares, net of those sold within the Share Netting process, in relation to the payment of incentives deferred under the Group Incentive Systems