Unipol — Capital/Financing Update 2026

Jan 14, 2026

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Informazione Regolamentata n. 0265-6-2026

Data/Ora Inizio Diffusione 14 Gennaio 2026 18:12:49 Euronext Milan

Societa' : UNIPOL

Utenza - referente : UNIPOLN08 - Nerdi Alessandro

Tipologia : 3.1

Data/Ora Ricezione : 14 Gennaio 2026 18:12:49

Data/Ora Inizio Diffusione : 14 Gennaio 2026 18:12:49

Oggetto : Press release Unipol - Unipol Assicurazioni S.p.

A. successfully completed the placement of

subordinated Restricted Tier 1 notes

Testo del comunicato

Vedi allegato

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

UNIPOL ASSICURAZIONI S.P.A. SUCCESSFULLY COMPLETED THE PLACEMENT OF SUBORDINATED RESTRICTED TIER 1 NOTES

Bologna, 14 January 2026

Unipol Assicurazioni S.p.A. ("Unipol") hereby informs – following its announcement to the market yesterday – that it has completed the placement to domestic and international institutional investors of a single tranche of subordinated Restricted Tier 1 notes, for a nominal amount of Euro 1 billion (the "Notes"). The Notes will be issued on a standalone basis in dematerialised form and cleared through Euronext Securities Milan (Monte Titoli).

The issuance has received a strong interest from investors, confirming the solid reputation of the Unipol Group on the international markets. During the bookbuilding phase, orders exceeded Euro 4.2 billion, for a 4.2-time coverage of the issued amount. More than 93% of the Notes have been placed to international investors.

The terms of the Notes are as follows:

Issuer: Unipol Assicurazioni S.p.A.

Issue: € 1,000,000,000 6.000% Perpetual Subordinated Fixed Rate Resettable Tier 1 Temporary

Write-Down Notes

Issue Expected Rating: BBB- by Fitch

Nominal amount upon issuance: € 1,000,000,000 Issue and Settlement Date: 21 January 2026

Maturity: Perpetual

Interest Payment Dates: semi-annual in arrear on 21 January and 21 July of each year, commencing

21 July 2026

Coupon: 6.000% s.a. from the Issue Date to (and including) 21 January 2036 (the "First Reset Date"). Reset on the First Reset Date and every successive five years to the then prevailing 5-year mid swap rate plus 3.241% (the initial credit spread), such sum converted from an annual basis to a semi annual basis

Mid Swap Rate (10 years): 2.849%

Spread: 324.1 bps p.a.

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Issue Price: 100% ISIN: IT0005689168

Listing: Euro MTF market of the Luxembourg Stock Exchange

Subject to satisfaction of the requisite conditions for redemption under applicable legislation, the Notes may be redeemed at the option of the Issuer at any time during the 6 months period from (and including) 21 July 2035 to (and including) the First Reset Date. The Notes are furthermore subject to optional redemption by the Issuer for Tax Event, Regulatory Event, Rating Event and Cleanup Call. In accordance with the requirements of Solvency II for Restricted Tier 1 own fund items, interest payments are at the sole and absolute discretion of the Issuer; and the Notes are subject to mandatory interest cancellation on a non-cumulative basis as well as temporary principal write-down in determined conditions, all as set out in the terms and conditions of the Notes contained in the information memorandum dated 19 January 2026.

Mediobanca – Banca di Credito Finanziario S.p.A. and J.P. Morgan SE have acted as Global Coordinators and Joint Lead Managers, BNP Paribas, Goldman Sachs International and IMI Intesa Sanpaolo have acted as Joint Lead Managers on the issuance of the Notes.

Unipol Group

The Unipol Group is one of the leading insurance groups in Europe as well as being leader in Italy in the non-life insurance business (especially MV and health), with total premiums of €15.6bn that include €9.2bn in non-life income and €6.4bn in life income (2024 figures). Its approach is to offer an integrated range of insurance products and services mainly through the parent company Unipol Assicurazioni, UniSalute (the leading health insurer in Italy), Linear (direct MV insurance), Arca Vita and Arca Assicurazioni (life and non-life bancassurance through the branches of BPER, Banca Popolare di Sondrio and other banks), SIAT (transport insurance) and DDOR (insurance company operating in Serbia). It also operates in the real estate, hotel (UNA Italian Hospitality), medical-healthcare (Santagostino) and viticultural (Tenute del Cerro) sectors. The ordinary shares of Unipol Assicurazioni S.p.A. have been listed on the Italian Stock Exchange since 1990, and are also on the FTSE MIB® and MIB® ESG indexes.

Unipol Group

Media Relations Fernando Vacarini pressoffice@unipol.it Investor Relations Alberto Zoia investor.relations@unipol.it Barabino & Partners

Massimiliano Parboni T. +39 335 8304078 m.parboni@barabino.it Giovanni Vantaggi T. +39 328 8317379 g.vantaggi@barabino.it

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Fine Comunicato n.0265-6-2026 Numero di Pagine: 4