Unicredit — Remuneration Information 2018

Mar 14, 2018

Annex 1 to 2018 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 2018

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 following set of tables 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. It also provides at an individual level the compensation paid to the Head of Strategy Business Development and M&A, being that higher than the highest one paid to anyone of the above mentioned subjects.

For the other Executives with strategic responsibilities, the information is provided on an aggregate basis. Please note that the related perimeter - defined by the Board of Directors - has changed during the year. Up to March 31st, 2017 the other Executives with strategic responsibilities were - additionally to the Group Chief Executive Officer and the Group General Manager, the Group Chief Risk Officer, the Head of Group Human Capital, the Group Compliance Officer, the Head of Group Legal, the co-Chief Operating Officers, the Head of Internal Audit and the Head of Strategy, Business Development e M&A. From April 1st , 2017 the Head of Strategy, Business Development and M&A exited the perimeter, while on October 1st, 2017 a succession occurred in the position of Group Chief Risk Officer and the new role of Chief Lending Officer was included. The related data are reported pro quota and, for comparability purposes, correspond to 7.25 Full Time Equivalent (FTE).

The overall compensation paid by UniCredit S.p.A. for 2017 to the Board of Directors and to the Board of Statutory Auditors amounts respectively to € 4,851,185 and € 711,850 .

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 some Executives with strategic responsibilities benefit from stock option/performance stock options plans launched by the Company in the previous years.

The Stock Options 2007 lapsed having ended their exercise period. The rights granted within plans launched before 2007 to managers terminated during the year, lapsed according to the respective Rules. At current prices, all outstanding 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 short / long term incentive systems.

With reference to the Group Incentive Systems, the table reports the shares granted/promised in relation to equity deferrals, subject to malus and claw-back clauses. For the plans' features reference is made to the the description contained in the Compensation Report.

Please note that for both the Chief Executive Officer and the General Manager, the 2017-2019 LTI Plan, linked to the Tranform 2019 strategic plan, represents the sole incentive tool over the plan horizon, while for other two Executives it represents 50% of the annual bonus opportunity, which is then correspondingly reduced.

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.

As already mentioned, neither the Chief Executive Officer nor the General Manager participated into the 2017 annual incentive scheme.

The positive performance achieved in 2017 allowed the full payout of the deferred amounts which were subject to verification of access conditions as at December 31st, 2017.

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.

Ownerships at the start of period have been rectified to take into account the reverse split operation, in the measure of 10 to 1, enacted on January 23, 2017.

⁴ 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.

ts in Am Eur oun o
(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixe d co	tion mpe nsa			Com sati pen	iabl Var e no com pen	uity n-eq sati on				Fair valu e of	Sev eran ce inde mni ty for end of
Nam d su e an rnam e	Offi ce	Peri od f or w	hich offi as held ce w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	Atte nda nce toke ns	Lum p su m exp ens e reim burs em ents	Com p.fo r cific spe offi ces ex 238 9 sec. Ital ian Civi l Cod e	Emp loym ent fixe d sa lary	Tot al	on f or mit tee com icip atio part n	Bon use s and oth er ince ntiv es	Prof it sha ring	Non etar mon y ben efit s	Oth er rati rem une o n	Tot al	ity equ sati com pen on	offi ce o r term inat ion of loym emp en t
Gius e Vi ta epp	n of Cha irma the Boa rd	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	125 ,000	7,20 0		676 ,600		808 ,800				4,73 2	3,95 7	817 ,489
	Mem ber of C Gov Nom inat ion & orp. erna nce, aina bilit Sust y Co mm	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	40,0 00	5,20 0				45,2 00						45,2 00
	of R Mem ber tion Com emu nera m.	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	40,0 00	3,20 0				43,2 00						43,2 00
	of In Mem ber tern al C ontr ol a nd R isks Com m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,80 0				44,8 00						44,8 00
	Atte nda Off Site Mee ting and oth nce er mitt Com uest as g ees					1,60 0				1,60 0						1,60 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		245 ,000	22,0 00	0	676 ,600	0	943 ,600	0	0	0	4,73 2	3,95 7	952 ,289	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				245 ,000	22,0 00	0	676 ,600	0	943 ,600	0	0	0	4,73 2	3,95 7	952 ,289	0	0
Vinc o Ca land enz ra Buo nau ra	Cha n of the rd Dep uty Vice irma Boa	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	90,0 00	7,20 0		93,0 00		190 ,200				7,25 0		197 ,450
	Mem ber of C Gov Nom inat ion & orp. erna nce, Sust aina bilit y Co mm	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,80 0				44,8 00						44,8 00
	ber of In al C ol a nd R isks Mem tern ontr Com m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,40 0				44,4 00						44,4 00
	Off Atte nda Site Mee ting and oth nce er Com mitt as g uest ees					1,60 0				1,60 0						1,60 0
	atio n in ring (I) C the omp ens com pan y pr epa	fina ncia the l sta	tem ents		170 ,000	18,0 00	0	93,0 00	0	281 ,000	0	0	0	7,25 0	0	288 ,250	0	0
	sati on f sidi arie (II) Com sub d as pen rom s an	iate soc s								0						0
	(III) Tot al				170 ,000	18,0 00	0	93,0 00	0	281 ,000	0	0	0	7,25 0	0	288 ,250	0	0
rder o di Luc a Co Mon mol teze o	Vice Cha irma n of the rd Boa	01/0 1/20 17	19/0 4/2 017					27,7 73		27,7 73						27,7 73
	ber of t he B oard Mem	20/0 4/2 017	31/ 12/2 017	AR 201 app rov. 7	90,0 00	7,20 0				97,2 00						97,2 00
	Cha n of irma Cor p.Go e, N omi nati on & vern anc Sust aina bilit y Co mm	01/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	50,0 00	5,20 0				55,2 00						55,2 00
	nda Off Site ting and oth Atte Mee nce er Com mitt as g uest ees					400				400						400
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		140 ,000	12,8 00	0	27,7 73	0	180 ,573	0	0	0	0	0	180 ,573	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s			300 ,000					300 ,000						300 ,000
	(III) al Tot				440 ,000	12,8 00	0	27,7 73	0	480 ,573	0	0	0	0	0	480 ,573	0	0

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixe d co	tion mpe nsa			Com sati pen	Var iabl e no com pen	uity n-eq sati on					Sev eran ce inde mni ty
d su Nam e an rnam e	Offi ce	iod for whi Per	ch o ffic as held e w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	nda Atte nce toke ns	Lum p su m exp ens e reim burs em ents	Com p.fo r cific spe offi ces ex 238 9 sec. Ital ian Civi l Cod e	loym Emp ent fixe d sa lary	Tot al	on f or mit tee com icip atio part n	Bon use s and oth er ince ntiv es	Prof it sha ring	Non etar mon y ben efit s	Oth er rati rem une o n	al Tot	Fair valu e of ity equ sati com pen on	for end of offi ce o r inat ion term of loym emp en t
Fab rizio Pal enz ona	Vice Cha irma n of the Boa rd	01/ 01/ 201 7	28/0 2/20 17					15,0 33		15,0 33						15,0 33
	Mem ber of t he B oard	01/ 03/ 201 7	08/ 11/2 017		76,9 32	6,80 0				83,7 32						83,7 32
	ber of C Gov inat ion & Mem Nom orp. erna nce, Sust aina bilit y Co mm	01/ 01/ 201 7	08/ 11/2 017		34,1 92	4,40 0				38,5 92						38,5 92
	Mem ber of In al C ol a nd R isks Com tern ontr m.	01/ 01/ 201 7	08/ 11/2 017		34,1 92	3,60 0				37,7 92						37,7 92
	nda Off Site ting and oth Atte Mee nce er Com mitt as g uest ees					400				400						400
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		145 ,315	15,2 00	0	15,0 33	0	175 ,548	0	0	0	0	0	175 ,548	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) al Tot				145 ,315	15,2 00	0	15,0 33	0	175 ,548	0	0	0	0	0	175 ,548	0	0
Jean Pie Mus tier rre	Chie f Ex ive O ffice ecut r	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	7,20 0		402 ,000	708 ,000	1,20 7,20 0		0		12,0 32	1,32 5	1,22 0,55 8	1,03 9,05 4
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					1,60 0				1,60 0						1,60 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		90,0 00	8,80 0	0	402 ,000	708 ,000	1,20 8,80 0	0	0	0	12,0 32	1,32 5	1,2 22,1 58	1,0 39,0 54	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				90,0 00	8,80 0	0	402 ,000	708 ,000	1,20 8,80 0	0	0	0	12,0 32	1,32 5	1,2 22,1 58	1,0 39,0 54	0
Moh d Ha mad Al ame airi Meh	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,40 0				96,4 00						96,4 00
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		90,0 00	6,40 0	0	0	0	96,4 00	0	0	0	0	0	96,4 00	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				90,0 00	6,40 0	0	0	0	96,4 00	0	0	0	0	0	96,4 00	0	0
Serg io B albi not	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,00 0				96,0 00						96,0 00
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					400				400						400
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		90,0 00	6,40 0	0	0	0	96,4 00	0	0	0	0	0	96,4 00	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				90,0 00	6,40 0	0	0	0	96,4 00	0	0	0	0	0	96,4 00	0	0

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixe d co	tion mpe nsa			sati Com pen	Var iabl e no com pen	uity n-eq sati on				Fair valu e of	Sev eran ce inde mni ty for end of
Nam d su e an rnam e	Offi ce	Per iod for whi	ch o ffic as held e w	Offi ce exp iry	lum Emo ent solv ed s re by t he Sha reho lder s' M eeti ng	nda Atte nce toke ns	Lum p su m exp ens e reim burs em ents	p.fo Com r cific spe offi ces ex 238 9 sec. ian Civi Ital l Cod e	loym Emp ent fixe d sa lary	al Tot	on f or mit tee com icip atio part n	Bon use s and oth er ince ntiv es	Prof it sha ring	Non etar mon y ben efit s	Oth er rati rem une o n	Tot al	ity equ sati com pen on	offi ce o r inat ion term of loym emp en t
Biso ni Ces are	ber of t he B oard Mem	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,80 0				96,8 00						96,8 00
	ber of In al C ol a nd R isks Mem tern ontr Com m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,80 0				44,8 00						44,8 00
	Cha n of Rela ted nd E irma Part ies a quit y Inve Com mitt stm ents ee	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	50,0 00	5,60 0				55,6 00						55,6 00
	nda Off and oth Atte Site Mee ting nce er Com mitt as g uest ees					1,60 0				1,60 0						1,60 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		180 ,000	18,8 00	0	0	0	198 ,800	0	0	0	0	0	198 ,800	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s								0						0
	(III) al Tot				180 ,000	18,8 00	0	0	0	198 ,800	0	0	0	0	0	198 ,800	0	0
ryka Boc hnia Hen rz	ber of t he B oard Mem	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,40 0				96,4 00						96,4 00
	ber of R tion Com Mem emu nera m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	3,20 0				43,2 00						43,2 00
	nda Off and oth Atte Site Mee ting nce er Com mitt as g uest ees					1,20 0				1,20 0						1,20 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		130 ,000	10,8 00	0	0	0	140 ,800	0	0	0	0	0	140 ,800	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s								0						0
	(III) al Tot				130 ,000	10,8 00	0	0	0	140 ,800	0	0	0	0	0	140 ,800	0	0
Mar tha Boe cke nfel d	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,40 0				96,4 00						96,4 00
	Atte nda Off Site Mee ting nce					800				800						800
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		90,0 00	7,20 0	0	0	0	97,2 00	0	0	0	0	0	97,2 00	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s								0						0
	(III) al Tot				90,0 00	7,20 0	0	0	0	97,2 00	0	0	0	0	0	97,2 00	0	0
Ales dro san Calt agir one	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,00 0				96,0 00						96,0 00
	ber of C inat ion Mem Gov Nom & orp. erna nce, Sust aina bilit y Co mm	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,80 0				44,8 00						44,8 00
	Cha irma n of Rem ratio n Co une mm	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	50,0 00	2,80 0				52,8 00						52,8 00
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		180 ,000	13,6 00	0	0	0	193 ,600	0	0	0	0	0	193 ,600	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s								0						0
	(III) al Tot				180 ,000	13,6 00	0	0	0	193 ,600	0	0	0	0	0	193 ,600	0	0

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixe d co	tion mpe nsa			Com sati pen on f or	iabl Var e no com pen	uity n-eq sati on	Non	Oth er		Fair valu e of	Sev eran ce inde mni ty for end of
d su Nam e an rnam e	Offi ce	iod for whi Per	ch o ffic as held e w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	Atte nda nce toke ns	Lum p su m exp ens e reim burs em ents	Com p.fo r cific spe offi ces ex 238 9 sec. Ital ian Civi l Cod e	Emp loym ent fixe d sa lary	Tot al	mit tee com part icip atio n	Bon use s and oth er ince ntiv es	Prof it ring sha	etar mon y ben efit s	rati rem une o n	al Tot	ity equ sati com pen on	offi ce o r inat ion term of loym emp en t
Luc rezi a Re ichl in	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,80 0				96,8 00						96,8 00
	Mem ber of In al C ol a nd R isks Com tern ontr m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	3,60 0				43,6 00						43,6 00
	Mem ber of R elat ed P artie d Eq uity s an Inve stm ents Com mitt ee	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,40 0				44,4 00						44,4 00
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					800				800						800
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		170 ,000	15,6 00	0	0	0	185 ,600	0	0	0	0	0	185 ,600	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				170 ,000	15,6 00	0	0	0	185 ,600	0	0	0	0	0	185 ,600	0	0
Fab rizio Sac i com ann	Mem ber of t he B oard	08/ 11/2 017	31/ 12/2 017	AR 201 app rov. 7	13,3 15					13,3 15						13,3 15
	Mem ber of C Gov Nom inat ion & orp. erna nce, Sust aina bilit y Co mm	11/ 12/2 017	31/ 12/2 017	AR 201 app rov. 7	2,30 1					2,30 1						2,30 1
	Mem ber of In al C ol a nd R isks Com tern ontr m.	11/ 12/2 017	31/ 12/2 017	AR 201 app rov. 7	2,30 1					2,30 1						2,30 1
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		17,9 18	0	0	0	0	17,9 18	0	0	0	0	0	17,9 18	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				17,9 18	0	0	0	0	17,9 18	0	0	0	0	0	17,9 18	0	0
Clar a St reit	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,00 0				96,0 00						96,0 00
	Mem ber of C Gov Nom inat ion & orp. erna nce, bilit Sust aina y Co mm	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	5,20 0				45,2 00						45,2 00
	Mem ber of In tern al C ontr ol a nd R isks Com m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,00 0				44,0 00						44,0 00
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					1,20 0				1,20 0						1,20 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		170 ,000	16,4 00	0	0	0	186 ,400	0	0	0	0	0	186 ,400	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) Tot al				170 ,000	16,4 00	0	0	0	186 ,400	0	0	0	0	0	186 ,400	0	0

7

(A)	(B)		(C)	(D)				(1)			(2)	(3)		(4)	(5)	(6)	(7)	(8)
							Fixe d co	tion mpe nsa			Com sati pen	iabl Var e no com pen	uity n-eq sati on					Sev eran ce inde mni ty
Nam d su e an rnam e	Offi ce	iod for whi Per	ch o ffic as held e w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	Atte nda nce toke ns	Lum p su m exp ens e reim burs em ents	Com p.fo r cific spe offi ces ex 238 9 sec. Ital ian Civi l Cod e	Emp loym ent fixe d sa lary	Tot al	on f or mit tee com icip atio part n	Bon use s and oth er ince ntiv es	Prof it ring sha	Non etar mon y ben efit s	Oth er rati rem une o n	Tot al	Fair valu e of ity equ sati com pen on	for end of offi ce o r inat ion term of loym emp en t
Pao la V ni ezza	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	7,20 0				97,2 00						97,2 00
	Mem ber of In al C ol a nd R isks Com tern ontr m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,80 0				44,8 00						44,8 00
	Mem ber of R elat ed P artie d Eq uity s an Inve stm ents Com mitt ee	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	5,60 0				45,6 00						45,6 00
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					1,60 0				1,60 0						1,60 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		170 ,000	19,2 00	0	0	0	189 ,200	0	0	0	0	0	189 ,200	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an soc	iate s								0						0
	(III) Tot al				170 ,000	19,2 00	0	0	0	189 ,200	0	0	0	0	0	189 ,200	0	0
Alex and er W olfg ring	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	7,20 0				97,2 00				7,25 0		104 ,450
	Mem ber of R tion Com emu nera m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	3,20 0				43,2 00						43,2 00
	Cha irma n of Inte rnal Con trol and Risk s Co mm	. 0 1/0 1/20 17	31/ 12/2 017	AR 201 app rov. 7	150 ,000	4,80 0				154 ,800						154 ,800
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					1,20 0				1,20 0						1,20 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		280 ,000	16,4 00	0	0	0	296 ,400	0	0	0	7,25 0	0	303 ,650	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an soc	iate s								0						0
	(III) Tot al				280 ,000	16,4 00	0	0	0	296 ,400	0	0	0	7,25 0	0	303 ,650	0	0
Ant hon y W d yan	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	6,80 0				96,8 00						96,8 00
	Mem ber of R tion Com emu nera m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	3,20 0				43,2 00						43,2 00
	Mem ber of In tern al C ontr ol a nd R isks Com m.	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,40 0				44,4 00						44,4 00
	Atte nda Off Site Mee ting and oth nce er mitt Com uest as g ees					1,60 0				1,60 0						1,60 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		170 ,000	16,0 00	0	0	0	186 ,000	0	0	0	0	0	186 ,000	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an soc	iate s								0						0
	(III) Tot al				170 ,000	16,0 00	0	0	0	186 ,000	0	0	0	0	0	186 ,000	0	0

8

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
Nam d su e an rnam e	Offi ce	iod for whi Per	ch o ffic as held e w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	Atte nda nce toke ns	Fixe d co Lum p su m exp ens e reim burs em ents	tion mpe nsa Com p.fo r cific spe offi ces ex 238 9 sec. Ital ian Civi l Cod e	Emp loym ent fixe d sa lary	Tot al	Com sati pen on f or mit tee com part icip atio n	iabl Var e no com pen Bon use s and oth er ince ntiv es	uity n-eq sati on Prof it ring sha	Non etar mon y ben efit s	Oth er rati rem une o n	Tot al	Fair valu e of ity equ sati com pen on	Sev eran ce inde mni ty for end of offi ce o r inat ion term of loym emp en t
Elen a Za mbo n	Mem ber of t he B oard	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	90,0 00	5,20 0				95,2 00						95,2 00
	Mem ber of C Gov Nom inat ion & orp. erna nce, Sust aina bilit y Co mm	01/ 01/ 201 7	31/ 12/2 017	AR 201 app rov. 7	40,0 00	4,00 0				44,0 00						44,0 00
	Atte nda Off Site Mee ting and oth nce er Com mitt uest as g ees					1,20 0				1,20 0						1,20 0
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		130 ,000	10,4 00	0	0	0	140 ,400	0	0	0	0	0	140 ,400	0	0
	(II) Com sati on f sub sidi arie d as pen rom s an soc	iate s								0						0
	(III) Tot al				130 ,000	10,4 00	0	0	0	140 ,400	0	0	0	0	0	140 ,400	0	0
TOT AL B OAR D O F	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		2,65 8,23 3	234 ,000	0	1,21 4,40 5	708 ,000	4,81 4,63 8	0	0	0	31,2 64	5,28 2	4,8 51,1 85	1,0 39,0 54	0
DIR ECT ORS	(II) Com sati on f sub sidi arie d as pen rom s an soc	iate s			300 ,000	0	0	0	0	300 ,000	0	0	0	0	0	300 ,000	0	0
	(III) al Tot				2,95 8,23 3	234 ,000	0	1,21 4,40 5	708 ,000	5,11 4,63 8	0	0	0	31,2 64	5,28 2	5,1 51,1 85	1,0 39,0 54	0

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
							Fixe d co	ion nsat mpe			Com sati pen	Var iabl e no com pen	uity n-eq sati on				Fair valu e of	Sev eran ce inde mni ty for end of
Nam d su e an rnam e	Offi ce	Peri od f or w	hich offi as held ce w	Offi ce exp iry	Emo ent s re lum ed by t solv he Sha lder s' M reho eeti ng	Atte nda nce toke ns	Lum m exp p su e reim ens burs em ents	Com p.fo r spe cific offi ex sec. ces 9 Itali 238 ivil Cod an C e	loym Emp ent fixe d sa lary	l Tota	on f or mitt com ee icip atio part n	Bon s and use oth er ince ntiv es	it sha Prof ring	Non etar mon y ben efit s	Oth er rati rem une o n	Tota l	ity equ sati com pen on	offi ce o r inat ion term of loym emp en t
Pier lo S inge pao r	Cha irma n of the rd o f Sta udit Boa tuto ry A ors	01/ 01/ 201 7	31/1 2/20 17	AR 201 app rov. 8	140 ,000	27,6 00				167 ,600				7,25 0		174 ,850
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		140 ,000	27,6 00	0	0	0	167 ,600	0	0	0	7,25 0	0	174 ,850	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) al Tot				140 ,000	27,6 00	0	0	0	167 ,600	0	0	0	7,25 0	0	,850 174	0
Ant lla B ient ines i one	Stan ding Aud itor	26/1 0/20 17	31/1 2/20 17	AR 201 app rov. 8	18,3 56	4,80 0				23,1 56						23,1 56
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		18,3 56	4,80 0	0	0	0	23,1 56	0	0	0	0	0	23,1 56	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s								0						0
	(III) Tot al				18,3 56	4,80 0	0	0	0	23,1 56	0	0	0	0	0	23,1 56	0
Ang elo Roc co Bon isso ni	ding Aud itor Stan	01/0 1/20 17	31/1 2/20 17	AR 201 app rov. 8	100 ,000	27,2 00				127 ,200				7,25 0		134 ,450
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		100 ,000	27,2 00	0	0	0	127 ,200	0	0	0	7,25 0	0	134 ,450	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s								0						0
	(III) al Tot				100 ,000	27,2 00	0	0	0	127 ,200	0	0	0	7,25 0	0	134 ,450	0
Enri co L agh i	Stan ding Aud itor	01/0 1/20 17	02/0 5/20 17		33,4 24	5,20 0				38,6 24				7,25 0		45,8 74
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		33,4 24	5,20 0	0	0	0	38,6 24	0	0	0	7,25 0	0	45,8 74	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s			25,0 00					25,0 00						25,0 00
	(III) Tot al				58,4 24	5,20 0	0	0	0	63,6 24	0	0	0	7,25 0	0	70,8 74	0
ede Ben tta Nav arra	ding Aud itor Stan	01/0 1/20 17	31/1 2/20 17	AR 201 app rov. 8	100 ,000	27,2 00				127 ,200				7,25 0		134 ,450
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		100 ,000	27,2 00	0	0	0	127 ,200	0	0	0	7,25 0	0	134 ,450	0
	(II) Com sati on f sub sidi arie d as pen rom s an	iate soc s			26,3 89	300				26,6 89	6,56 8					33,2 57
	(III) al Tot				126 ,389	27,5 00	0	0	0	153 ,889	6,56 8	0	0	7,25 0	0	167 ,707	0
Guid o Pa oluc ci	Stan ding Aud itor	03/0 5/20 17	31/1 2/20 17	AR 201 app rov. 8	66,5 76	18,0 00				84,5 76						84,5 76
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		66,5 76	18,0 00	0	0	0	84,5 76	0	0	0	0	0	84,5 76	0
	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s			22,7 08		71			22,7 79				797		23,5 76
	(III) Tot al				89,2 84	18,0 00	71	0	0	107 ,355	0	0	0	797	0	108 ,152	0

(A)	(B)		(C)	(D)				(1)			(2)		(3)	(4)	(5)	(6)	(7)	(8)
d su Nam e an rnam e	Offi ce	Peri od f or w	hich offi as held ce w	Offi ce exp iry	Emo lum ent solv ed s re by t he Sha reho lder s' M eeti ng	Atte nda nce toke ns	Fixe d co Lum p su m exp ens e reim burs em ents	ion nsat mpe Com p.fo r cific spe offi ces ex 238 9 sec. Itali ivil an C Cod e	Emp loym ent fixe d sa lary	Tota l	sati Com pen on f or mitt com ee icip atio part n	iabl Var e no com pen Bon use s and oth er ince ntiv es	uity n-eq sati on Prof it sha ring	Non etar mon y efit ben s	Oth er rati rem une o n	l Tota	Fair valu e of ity equ sati com pen on	Sev eran ce inde mni ty for end of offi ce o r inat ion term of loym emp en t
Mar ia E nric a Sp inar di	Stan ding Aud itor	01/0 1/20 17	25/1 0/20 17		84,0 44	23,2 00				107 ,244				7,25 0		114 ,494
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		84,0 44	23,2 00	0	0	0	107 ,244	0	0	0	7,25 0	0	114 ,494	0	0
	(II) sati on f sub sidi arie d as Com pen rom s an soc	iate s								0						0
	(III) Tot al				84,0 44	23,2 00	0	0	0	107 ,244	0	0	0	7,25 0	0	114 ,494	0	0
TOT AL B OAR D STA TUT ORY	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents		542 ,400	133 ,200	0	0	0	675 ,600	0	0	0	36,2 50	0	711 ,850	0	0
AUD ITOR S	(II) sati on f sub sidi arie d as Com pen rom s an	iate soc s			74,0 97	300	71	0	0	74,4 68	6,56 8	0	0	797	0	81,8 33	0	0
	(III) Tot al				616 ,497	133 ,500	71	0	0	750 ,068	6,56 8	0	0	37,0 47	0	793 ,683	0	0

11

(A)	(B)		(C)	(D)			Fixe d co	(1) ion nsat mpe			(2) Com sati	iabl Var e no com pen	(3) uity n-eq sati on	(4)	(5)	(6)	(7)	Sev inde
d su Nam e an rnam e	Offi ce	Peri od f or w	hich offi as held ce w	Offi ce exp iry	Emo lum ent s re ed by t solv he Sha lder s' M reho eeti ng	Atte nda nce toke ns	Lum m exp p su e reim ens burs em ents	p.fo Com r spe cific offi ex sec. ces 9 Itali 238 ivil Cod an C e	Emp loym ent fixe d sa lary	Tota l	pen on f or mitt com ee icip atio part n	Bon s and use oth er ince ntiv es	it sha Prof ring	Non etar mon y ben efit s	Oth er rati rem une o n	l Tota	Fair valu e of ity equ sati com pen on	for offi term emp
Gian ni F o Pa ranc pa	Gen eral Man age r	01/0 1/20 17	31/1 2/20 17						1,20 0,00 0	1,20 0,00 0				340 ,312	108 ,199	1,64 8,51 1	1,55 3,41 5
	atio n in ring (I) C the omp ens com pan y pr epa	fina ncia the l sta	tem ents						1,20 0,00 0	1,20 0,00 0				340 ,312	108 ,199	1,64 8,51 1	1,55 3,41 5
	(II) Com sati on f sub sidi arie d as pen rom s an	soci ates
	(III) Tot al								1,20 0,00 0	1,20 0,00 0				340 ,312	108 ,199	1,64 8,51 1	1,55 3,41 5
Mar ina Nat ale	Hea d of Stra , Bu sine ss D ev & M& A tegy	01/0 1/20 17	31/0 3/20 17						250 ,633	250 ,633				62,7 04	403 ,797	717 ,133	132 ,004
	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents						250 ,633	250 ,633				62,7 04	403 ,797	717 ,133	132 ,004
	(II) sati on f sub sidi arie d as Com pen rom s an	soci ates
	(III) Tot al								250 ,633	250 ,633				62,7 04	403 ,797	717 ,133	132 ,004
Oth er K ey	(I) C atio n in the ring omp ens com pan y pr epa	the fina ncia l sta	tem ents						4,69 1,46 4	4,69 1,46 4	0	718 ,000	0	240 ,394	148 ,874	5,79 8,73 2	2,33 5,65 2
Man t age men Pers el onn	(II) Com sati on f sub sidi arie d as pen rom s an	soci ates									0		0
(tot al 7 .25 FTE )	(III) Tot al								4,69 1,46 4	4,69 1,46 4		718 ,000		240 ,394	148 ,874	5,79 8,73 2	2,33 5,65 2

(1) The indemnities related to the termination of the employment have been defined and paid in compliance with the applicable Severance Policy. The notice and 20% of the severance have been paid immediately after the termination, the remaining 80% of the severance is deferred in cash and shares, subject to malus ^e clawback, over ^a further 5 years period

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

			Opt ions	Hel d at Sta r of	the Yea r			Opt ions Ass	igne d D urin g th	e Ye ar		Opt ions Exe	rcis ed D urin	g th e Ye ar	(14)	(15)	(16)
A	B	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)
Nam d Su e an rnam e	Offi ce	Plan	Num of Opt ber ions	Exe rcis e Pric e	Peri f od o Pos sibl e rcis Exe e (fro o) mt	Num ber of ions Opt	Exe rcis e Pric e	Peri f od o Pos sibl e rcis Exe e (fro o) mt	Fair Val ue at A ssig n. Dat e	Ass ignm ent Dat e	Mar ket Pric e of U nde rlyin g Sha res upo n igne Ass t men of O ptio ns	Num ber of ions Opt	Exe rcis e Pric e	Mar ket Pric e of Und erly ing Sha res on rcis Exe e Dat e	Opt ions Lap sed ing Dur the Yea r (Nu mbe r)	Opt ions Hel d f at t he E nd o the Yea r	ions Opt Rele t to van the r (Fa ir Yea Valu e)
Gian ni F o Pa ranc pa	Gen eral Man age r
(I) C atio n in omp ens ring com pan y pr epa fina ncia l sta		200 4 St ock Opt ions	375	112 .35	03/0 08 31/1 9/20 2/20 17 18/1 1/20	-	-	-	-	-	-	-	-	-	-	375	-
tem ents		200 5 St ock Opt ions	1,43 0	134 .69	09 31/1 2/20 18	-	-	-	-	-	-	-	-	-	-	1,43 0	-
		200 6 S tock Opt ions	1,07 6	166 .40	10 31/1 13/0 6/20 2/20 19	-	-	-	-	-	-	-	-	-	-	1,07 6	-
		200 7 St ock Opt ions	1,68 0	198 .36	15/0 11 15/0 7/20 7/20 17	-	-	-	-	-	-	-	-	-	1,68 0	0	-
		ock ions 200 8 St Opt	4,20 0	117 .02	09/0 7/20 12 09/0 7/20 18	-	-	-	-	-	-	-	-	-	-	4,20 0	-
(II) sati on f Com pen rom	Sub sidi arie d As iate s an soc s	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) al Tot			8,76 1	-	-	0	-	-	0	-	-	0	-	-	1,68 0	7,08 1	0
ina ale Mar Nat	d of sine Hea Stra tegy , Bu ss Dev & M &A
(I) C atio n in omp ens ring com pan y pr epa		ock ions 200 4 St Opt	1,71 6			-	-	-	-	-	-	-	-	-	1,71 6	-	-
fina ncia l sta tem ents		ock ions 200 5 St Opt	2,86 1			-	-	-	-	-	-	-	-	-	2,86 1	-	-
		tock ions 200 6 S Opt	2,68 9			-	-	-	-	-	-	-	-	-	2,68 9	-	-
		ock ions 200 7 St Opt	5,04 1			-	-	-	-	-	-	-	-	-	5,04 1	-	-
		ock ions 200 8 St Opt	28,1 90			-	-	-	-	-	-	-	-	-	-	28,1 90	-
sati on f (II) Com pen rom	sidi arie iate Sub d As s an soc s	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) Tot al			40,4 97	-	-	0	-	-	0	-	-	0	-	-	12,3 07	28,1 90	0
utiv ith S Oth er E xec es w	egic sibi litie trat Res pon s
atio n in (I) C omp ens ring com pan y pr epa	n. 4 Exe cuti ves	ock 200 4 St Opt ions	12,2 30	112 .349	03/0 9/20 08 31/1 2/20 17	-	-	-	-	-	-	-	-	-	-	12,2 30	-
fina ncia l sta tem ents	n. 4 Exe cuti ves	200 5 St ock Opt ions	24,3 17	134 .691	09 31/1 18/1 1/20 2/20 18	-	-	-	-	-	-	-	-	-	-	24,3 17	-
	n. 4 Exe cuti ves	200 6 St ock Opt ions	23,0 72	166 .399	10 31/1 13/0 6/20 2/20 19	-	-	-	-	-	-	-	-	-	-	23,0 72	-
	n. 5 Exe cuti ves	200 7 St ock Opt ions	26,6 76	198 .359	15/0 11 15/0 7/20 7/20 17	-	-	-	-	-	-	-	-	-	26,6 76	-	-
	n. 6 Exe cuti ves	200 8 St ock Opt ions	94,0 76	117 .019	09/0 7/20 12 09/0 7/20 18	-	-	-	-	-	-	-	-	-	-	94,0 76	-
(II) sati on f Com pen rom	Sub sidi arie d As iate s an soc s	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(III) al Tot			180 ,371	-	-	0	-	-	0	-	-	0	-	-	26,6 76	153 ,695	0

			Fina ncia l ins dur ing pre ted ves	trum ents igne d ass viou and not s ye ars dur ing the yea r		Fina ncia l ins	trum ents igne d d ass	urin the g yea r		l inst Fina ncia ents ves rum ing the ted dur d not yea r an igne d ass	Fina ncia l ins trum the yea r an	ents ted dur ing ves d as igna ble	l inst ents rele van
A	B	( 1)	( 2)	( 3)	( 4)	( 5)	( 6)	( 7)	( 8)	( 9)	( 10)	( 11)
Nam d su e an rna me	Offi ce	Plan	Num and type ber of fina l inst ncia ents rum	Ves ting iod per	and type Num ber cial inst of f inan ents rum	Fair val. on ass ign. dat e	Ves ting iod per	Ass ent date ignm	Mar ice upo ket pr n ass ignm ent	Num and type ber of fina l inst ncia ents rum	Num ber and typ e of f cial inst inan ents rum	Val ity date atur ue o n m	Fair
Jea n P ierre Mu stie r	Chi ef E utiv e Offi xec
( I) Com sati in c pen on omp any stat nts eme	cer ing fina ncia l pre par	201 201 9 LTI 7 _	-	-	521 ,134	13.8 16	31/ 12/ 202 2	10/ 01/ 201 7	13.4 27	-	-	-	1,03
( II) Com sati on f Sub sidi pen rom Ass ocia tes	arie d s an	-	-	-	-	-	-	-	-	-	-	-
( III) Tot al			-		521 134 ,					-	-	-	1,
Gia nni Fra Pap nco a	Gen eral Ma nag er
( I) Com sati in c pen on omp any		Gro Ince ntiv e Sy stem 201 2 up	-	-	-	-	-	-	-	-	5,31 4	75,6 02
ing fina ncia l sta tem ents pre par		Gro Ince ntiv e Sy stem 201 3 up	3,10 2	100 % - 31/ 12/2 017	-	-	-	-	-	-	6,20 4	88,2 64
		Gro e Sy Ince ntiv stem 201 4 up	15,9 14	40% - 31 /12/ 201 7 30% /12/ - 31 201 8 30% - 31 /12/ 201 9	-	-	-	-	-	-	-	-
		Gro Ince ntiv e Sy stem 201 5 up	29,2 50	40% - 31 /12/ 201 7 20% - 31 /12/ 201 8 20% - 31 /12/ 201 9 20% - 31 /12/ 202 0	-	-	-	-	-	-	-	-
		LTI 201 _ 20 19 7	-	-	521 ,134	13.8 16	40% 9 60% - 31 /12/ 201 - 31 /12/ 202 2	10/ 01/ 201 7	13.4 27	-	-	-	1,36
( II) Com on f Sub sati sidi pen rom Ass ocia tes	arie d s an	-	-	-	-	-	-	-	-	-	-	-
( III) Tot al			48, 266	-	521 134 ,	-	-	-	-	-	11,5 18	163 867 ,	1,55
Mar ina Nat ale	Hea d of Stra tegy , Bus ines s D ev &
( I) Com sati in c pen on omp any ing fina ncia l sta tem ents pre par	M& A	Gro Ince ntiv e Sy stem 201 4 up	12,7 30	40% - 31 /12/ 201 7 30% - 31 /12/ 201 8 30% /12/ - 31 201 9	-	-	-	-	-	-	-	-
		Gro e Sy Ince ntiv stem 201 5 up	23,4 00	40% - 31 /12/ 201 7 20% - 31 /12/ 201 8 20% - 31 /12/ 201 9 20% - 31 /12/ 202 0	-	-	-	-	-	-	-	-
( II) Com sati on f Sub sidi pen rom Ass ocia tes	arie d s an	-	-	-	-	-	-	-	-	-	-	-

( III) Tot al			36, 130	-	-	-	-	-	-	-	-	-	132 004 ,
Oth ith S er E utiv trat xec es w eg	ic R ibili ties esp ons
	n. 4 Exe cutiv es	Gro e Sy 201 2 Ince ntiv stem up	0	-	-	-	-	-	-	-	22,5 21	320 ,406	-
	n. 6 Exe cutiv es	Gro Ince ntiv e Sy 201 3 stem up	9,89 8	100 % - 31/ 12/2 017	-	-	-	-	-	-	20,1 01	285 ,977	61,9 61
	n. 9 Exe cutiv es	Gro Ince ntiv e Sy stem 201 4 up	64,9 22	40% - 31 /12/ 201 7 30% - 31 /12/ 201 8 30% - 31 /12/ 201 9	-	-	-	-	-	-	-	-	415 ,950
	n. 9 Exe cutiv es	Gro e Sy Ince ntiv stem 201 5 up	136 ,293	40% - 31 /12/ 201 7 20% - 31 /12/ 201 8 20% - 31 /12/ 201 9 20% - 31 /12/ 202 0	-	-	-	-	-	-	-	-	295 ,386
	n. 3 Exe cutiv es	Gro Ince ntiv e Sy 201 6 stem up	48,1 31	40% - 31 /12/ 201 8 20% - 31 /12/ 201 9 20% - 31 /12/ 202 0 20% - 31 /12/ 202 1	-	-	-	-	-	-	-	-	88,6 79
	n. 2 Exe cutiv es	LTI 201 _ 20 19 7	-	-	225 ,824	13.8 16	40% 9 60% - 31 /12/ 201 - 31 /12/ 202 2	10/ 01/ 201 7	13.4 27	-	-	-	593 ,223
	n. 9 Exe cutiv es	Gro Ince ntiv e Sy stem 201 7 up	-	-	84,8 41	1,48 0,56 0	40% - 31 /12/ 201 9 20% - 31 /12/ 202 0 20% - 31 /12/ 202 1 20% - 31 /12/ 202 2	04/2 018	17.4 51	-	-	-	880 ,452
( II) Com sati on f Sub sidi pen rom Ass ocia tes	arie d s an	-	-	-	-	-	-	-	-	-	-	-	-
( III) Tot al			259 244 ,	-	225 824 ,		-	-	-	-	42, 622	606 383 ,	2, 335 652 ,

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

s' R Con sob Iss lat ion egu uer
TAB LE 3B: Mo Inc net ent ary	11 971 - A chm 3A / S che dul e 7 -bis tta ent nr. ive Pla in F f M ber f th e A dm inis tive tra ns avo ur o em s o	Bo dy, Ge al M nd Oth ger ner ana s a	er E utiv xec es
A	B	(1)		(2)			(3)
				An l Bo nua	nus	Pre	vio us Y s B ear onu	ses
Na and Sur me nam e	Off ice	Pla n	(A)	(B)	(C )	(A)	(B)	(C )	Oth
			abl e / Pai d Pay	Def ed err	Def al P erio d err	No n L ong er Pay abl e	abl e / Pai d Pay	Sti ll D efe d rre
Gia nni Pa Fra nco pa	Gen l M ger era ana
(I ) Co The atio n In Com mp ens	the ial Pre ing Fin Sta tem ent pan y par anc s	Gro Ince ntiv e Sy ste m 2 015 up				-	-	200 ,00 0
(II ) Co atio n fr Sub sid mp ens om	iari nd Ass ocia tes es a	nn	-	-	-	-	-	-
(III ) To tal			-	-	-	-	-	20 0, 000
rina tal Ma Na e	Hea d o f St Bus ine ss D lop nt & rat egy eve me , M& A ( 31. 03. 17) to up
(I ) Co The atio n In Com mp ens	the ial Pre ing Fin Sta tem ent pan y par anc s	Gro Ince ntiv e Sy m 2 014 ste up	-	-	-	-	-		-
		ntiv Gro Ince e Sy ste m 2 015 up	-	-	-	-	-	160 ,00 0
(II ) Co atio n fr Sub sid mp ens om	iari nd ocia Ass tes es a	nn
(II) Tot al			-	-	-	-	-	16 0, 000
Oth er K Exe ive cut ey s
(I ) Co atio n In The Com mp ens	Pre ing the Fin ial Sta tem ent pan y par anc s	Gro Ince ntiv e Sy m 2 015 ste up	-	-	-	-	-	93 2,0 00
		Gro ntiv e Sy m 2 016 Ince ste up				-	12 00 5,7	25 00 1,4
		Gro ntiv e Sy m 2 017 Ince ste up	592 ,30 0	888 0 ,45	-
(II ) Co atio n fr Sub sid mp ens om	iari nd ocia Ass tes es a	nn	-	-	-	-	-	-
			592 300	88 8, 450	-		12 5, 700	1, 183 400

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

					Nu	mb f S ha er o res
Na d S me an urn am e	ffic O e	Inv est ee Co mp an y	f Sh Ty pe o are s	He ld the at En d o f 2 01 6 ( 1) ( 2)	Su bsc rib ed Wi thi n C ita l ap Inc rea se	Ac ire d qu	So ld	He ld the at En d o f 2 01 7 ( 1)
O O C O S B A R D F D I R E T R
Giu Vit sep pe a	Ch air ma n	Un iCr edi t	ord	53 48 3 ,	13 9, 04 8			19 2, 53 1
	ind irec hip (sp ) t o wn ers ous e	iCr edi Un t	ord	0 54	40 1, 4			94 1, 4
lan dra Vin Ca Bu cen zo ona ura	hai De Vic e C ty pu rm an	edi Un iCr t	ord	1, 97 2	5, 12 2			7, 09 4
Luc a C ord di Mo olo nte ero zem	Vic e C hai / D irec tor rm an			0	39 00 0 ,	35 72 0 ,		74 72 0 ,
ier stie Jea n P Mu re r	Ch ie f E uti ffic O xec ve er			0		14 0, 54 8		14 0, 54 8
Ces Bis i are on	Dir ect or			0	58 6 1,			58 6 1,
Cla Str eit ra	Dir ect or	Un iCr edi t	ord	10 4	27 3			37 7
Pao la V i ezz an	Dir ect or			0	48 1			48 1
tho d An Wy ny an	Dir ect or	iCr edi Un t	ord	61 2	1, 58 6			2, 19 8
BO AR D O F S TA TU TO RY AU DIT OR S
Gu ido Pa olu cci (a )	dit Au or			31 9				31 9
GE NE RA L M AN AG ER
Gia i Fr Pa nn an co pa	al Ge Ma nag ner er	iCr edi Un t	ord	13 94 7 ,	36 25 7 ,	( 6, 56 6	3)	0 56 77 0 ,

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

(a) from 03/05/2017

(2) Values rectified considering the 10:1 reverse split of UniCredit shares effective 23rd January 2017

(3) Granting during 2017 of free ordinary shares within the Group Incentive System, net of the shares sold within the Share Netting process

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

Nu mb f Ex tiv wit h er o ecu es Str ic R ibil itie ate g esp ons s	Inv est ee Com pan y	Typ f e o Sha re	mb f S har Nu er o es
			ld a t th He e End of 20 16 (1 ) ( 2)	Sub ibe d scr Wit hin Cap ita l Inc rea se	Acq uire d	Sol d		ld a t th He e End of 201 7 (1 )
10	dit Un iCre	ord	191 292 ,	59, 124	6, 797		0	257 213 ,

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

(2) Values rectified considering the 10:1 reverse split of UniCredit shares effective 23rd January 2017

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