Notice pursuant to Article 41, paragraph 2, letter c) of Regulation adopted by Consob with resolution no. 11971 of 14 May 1999, as subsequently amended ("Issuers' Regulation")

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Voluntary public exchange offer

launched by UniCredit S.p.A.

on all the ordinary shares of Banco BPM S.p.A.

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Notice pursuant to Article 41, paragraph 2, letter c) of Regulation adopted by Consob with resolution

no. 11971 of 14 May 1999, as subsequently amended ("Issuers' Regulation")

Milan, 24 December 2024 - With reference to the voluntary public exchange offer launched by UniCredit S.p.A. (the'"Offeror") on maximum of all the 1,515,182,126 ordinary shares of Banco BPM S.p.A., in relation to Articles 102 and 106, paragraph 4, of Legislative Decree 24 February 1998, no. 58, as subsequently amended, which was communicated on 25 November 2024, pursuant to Article 102, paragraph 1, of the Consolidated Law on Finance (TUF) and Article 37 of the Issuers' Regulation, and subject of a press release concerning the filing of the offer document with Consob on 13 December 2024, notice is hereby given as regards the following ordinary business of UniCredit Bank Gmbh., an Offeror's subsidiary, in respect of Banco BPM ordinary shares.

As part of its ordinary trading business, UniCredit Bank Gmbh., as a result of the exercise of American call options, expiring on 20 December 2024 and sold before 25 November 2024, has today settled the following transaction of delivery in respect of Banco BPM ordinary shares (ISIN IT0005218380) that are subject to reporting obligations pursuant to Article 41, paragraph 2, letter c), number 1) of the Issuers' Regulation:

This notice is also available on the Offeror's website www.unicreditgroup.eu

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