Against backdrop of COP29, pan-European bank urges collaboration on new solutions and alternative models, as it brings together colleagues, clients and leading ESG experts to tackle the challenges of the green transition   On 14th November, UniCredit hosted its second ESG Day – A challenged future: choosing the path ahead. The one-day event saw more than 13,000 participants join in either online or in person across ten different Group locations.   Attendees including clients, partners, employees and other stakeholders, alongside a host of renowned ESG experts, engaged in a series of impactful discussions covering the full spectrum of ESG topics.   The event spanned three roundtable panels and a joint interview, all moderated by CNBC’s Silvia Berzoni, and featuring appearances from UniCredit CEO and Head of Italy, Andrea Orcel, and Head of Group Strategy & ESG, Fiona Melrose. There were also keynote speeches from philosophers Andrea Colamedici and Maura Gancitano, Founders of the Tlon Project, and Dieter Helm, Professor of Economic Policy University of Oxford.   One of the key takeaways was the need to be “brutally realistic” about the current environmental scenario. More than three decades on from the publication of the Brundtland Report in 1987, the global economy is still around 80% dependent on fossil fuels – and that 80% is of a much larger world energy demand. This problem is compounded by continued depletion of the world’s biodiversity and carbon sinks.   The introductory speech from Tlon saw a reprise of last year’s theme of “cathedral thinking”, whilst at the same time, encouraging a gardener’s mindset – understanding that everything is interconnected and every action has long-term consequences. We must move away from controlling nature to collaborating with it.   The first session focused on “The social dilemma: how climate change and technology are reshaping society?”, recognising the “S” component as a fundamental lever for a just and fair transition. The panellists also highlighted eco-anxiety as something that can be channelled into concrete community actions to build resilience. To harness this, companies must define clear ecological values that reflect those of their workers.   This was followed by a session entitled “A zero-sum game? Solving sustainability trade-offs”, which highlighted the need to manage conflicting interests as part of the transition, with meaningful action often requiring a delicate balancing act between environmental, social and biodiversity issues. There’s no silver bullet for this difficult situation; firms will have to take a nuanced approach, taking into account their own unique and complex contexts, to drive gradual progress with a clear governance. As the panellists noted, it’s important to be realistic about what is being sacrificed for what.   The next session was focused on practical steps forward in the face of these challenges: “The way forward: from responsibility to response-ability”, which focused on the importance of establishing alternative models and approaches in order to foster more sustainable ways of doing business. Examples included service providers tracking consumer behaviour and offering rewards such as better pricing for customers that demonstrate sustainable tendencies. Similarly, this approach could be applied to investors, with creditors who contribute to a company’s sustainability goals earning a better return.   The event also provided a moment for the bank to formally launch the workers’ stream of its Skills for Transition programme, which delivers strategic training to the workforce of companies expected to be impacted by the green transition – helping them to develop the skills they need to meet the demands of a changing environment whilst generating a measurable social impact. Fully funded by UniCredit, the programme spans six UniCredit Group countries: Italy, Germany, Bulgaria, Czech Republic, Slovakia and Romania, delivering specific learning paths via a digital platform and in workers' local languages.   Commenting on the event, Fiona Melrose, Head of Group Strategy & ESG, UniCredit, said, “The road to transition is not straightforward; it's littered with complexities and trade-offs. But it's a road that we all walk together. That's why it was so energising to have a room full of clients for our second ESG Day, tackling the tough questions and adding value by sharing concrete actions that we can all take. We must be realistic about the difficult scenario we face, but that doesn't mean we can't be optimistic, as sustainability and environmental transition also allow us to rethink the way we do things.”   More information on the themes discussed on the day can be found in this white paper, produced in advance of the event to serve as framing content, whilst more details on the event itself – including a full recording of the sessions – can be found on the dedicated ESG Day website.   More information on the bank’s Skills for Transition programme can be found here.     Milan, 28 November 2024   For further information, please contact: mediarelations@unicredit.eu

  The rating agency Moody’s has affirmed UniCredit SpA’s Senior Preferred (unsecured) debt and long-term deposit ratings at Baa1, with a stable outlook.   According to the agency, should the acquisition of Banco BPM be finalized, the creditworthiness of UniCredit would remain broadly stable.   The affirmation also reflects the rating agency’s assessment that the acquisition of Banco BPM would not prevent UniCredit’s potential acquisition of Commerzbank AG.   Moody’s reaffirms that, in the event of UniCredit acquiring Commerzbank, it will consider the potential for UniCredit's stand-alone rating (Baseline Credit Assessment) currently at baa3 to be upgraded to baa2, one notch above Italy's sovereign rating. This would lead to higher ratings on senior non-preferred and junior debt as well.   For further details please refer to the corresponding press release on the website of the rating agency: www.moodys.com   Milan, 27 November 2024     Contacts Media Relations: e-mail MediaRelations@unicredit.eu Investor Relations: e-mail InvestorRelations@unicredit.eu

  The Shareholders’Meeting of UniCredit S.p.A. (the “Company”) is convened in extraordinary session, in Milan, UniCredit Tower Hall, via Fratelli Castiglioni 12 on April 10 2025 at 10:00 a.m., in a single call.   The Meeting is convened to decide on the following   AGENDA   Extraordinary part   1.        Proposal to grant the Board of Directors, pursuant to Art. 2443 of the Italian Civil Code, with the power, to be exercised within 31 December 2025, to increase the share capital, in one or more tranches and in a divisible form, without pre-emption right pursuant to Art. 2441, paragraph 4, first sentence, of the Italian Civil Code, and with issuance of maximum no. 266,000,000 ordinary shares, with ordinary rights  and the same characteristics as the shares already outstanding on the issue date, whose issuance price shall be determined by the Board of Directors pursuant to applicable laws, to be paid up by way of contribution in kind functional to a voluntary public exchange offer (offerta pubblica di scambio volontaria) on all the ordinary shares of Banco BPM S.p.A.; subsequent amendment of Art. 6 of the Company’s by-laws; related and subsequent resolutions.     ****   Right to attend and vote at the Shareholders’ Meeting   Pursuant to Article 83-sexies of the TUF, those who can legitimately attend and vote at the Shareholders’ Meeting are the persons for whom, at their own request and within the terms provided by current provisions of the law, the brokers who hold the accounts on which the UniCredit shares are recorded have sent to the Company the communications confirming the entitlement to this right according to the records referred to at the end of the accounting day on 1 April 2025 (the so-called record date). The credit and debt recordings carried out on the accounts after this date are not counted as significant: therefore, those who will prove to be shareholders only after such date will not have the right to attend and vote at the Meeting.   No provisions have been made for voting by correspondence or by using electronic means.   Voting proxies and the Company-Designated Proxy Holder   Those who have the right to vote may be represented in the Meeting through execution of a written proxy pursuant to current regulatory provisions. To that end, it will be possible to use either the proxy form issued by the authorised intermediaries at the request of the voting rights holder or the proxy form which will be available on the Company's website. The representative may deliver or send to the Company a copy or a digital copy of the proxy in place of the original confirming, under his/her own responsibility, the identity of the delegating shareholder and that the document is a true copy of the original. The Company may be given notice of the voting proxy granted by means of a document in electronic format with a qualified electronic signature or digital signature by sending an e-mail to shareholdersdelegation@unicredit.eu.   The proxy may also be given to Computershare S.p.A., with registered office in Milan and offices at via Nizza, 262/73 in Turin, the Representative designated for this purpose by the Company pursuant to Article 135-undecies of the TUF, in accordance with the procedures provided for by the current legislation. The proxy to the Company-Designated Proxy Holder, with voting instructions on all or some of the proposals on the agenda, shall be conferred through the specific proxy form prepared by the Designated Proxy Holder itself and which will be available on UniCredit website at www.unicreditgroup.eu/agm10april2025. The proxy form with voting instructions must be submitted, following the indications therein, by 8 April 2025. Alternatively, within the same deadline, it will be possible to proceed with the guided filling in of the proxy form and voting instructions and their transmission using the specific web application managed by Computershare S.p.A., accessible through a specific link on the UniCredit website.   The proxy and voting instructions can always be cancelled within the specified deadline, using the procedures specified above. The proxy is effective only for proposals in relation to which voting instructions have been given.   Addition of items to the agenda, submission of new resolution proposals on items already on the agenda   The right to add new items to the Shareholders’ Meeting agenda and/or to submit new resolution proposals on items already on the agenda may be exercised by Shareholders that, even jointly, hold at least 0.50% of the share capital according to the Articles of Association in the cases and according to the methods established by Article 126-bis of the TUF, within 10 days from the publication of this notice of call. Additions to the agenda are not admissible on topics for which the Shareholders' Meeting has been called upon to resolve, according to law, following the submission of proposals by the Directors, or based on plans or reports drafted by the Directors, other than those indicated in Article 125-ter, sec. 1 of the TUF.   The requests - together with the documentation certifying the ownership of the shareholding - must be sent to the attention of  “Group Corporate Affairs & Transactions” and submitted in writing, or sent via registered mail with the notice of receipt, to UniCredit S.p.A.'s Registered Office; the requests may also be sent via certified e-mail to corporate.law@pec.unicredit.eu. Within the same deadline, and by using the same means, a report giving the reason for the request or the proposal must be sent to the Board of Directors by the requiring or applying Shareholders. The legitimation of the Shareholders shall be ascertained based on the notice given by the broker according to Article 43 of the Bank of Italy-Consob Resolution dated 13 August 2018 (Regulation of central counterparties, central securities depositories and centralized management).   Additions to the agenda or further resolution proposals on items already on the agenda will be subject to public notice, in the same ways established for the publication of the notice of call, within 26 March 2025. At the same time the submitted reports drawn up by those requiring additions and/or further resolution proposals will be made available to the public, together with any consideration of the Board of Directors, in the same ways provided for the documents concerning the Meeting.   Any person entitled to vote may individually submit resolution proposals at the Shareholders’ Meeting.   Questions on the items on the agenda before the Shareholders’ Meeting   As provided for in Article 127-ter of the TUF, those who are entitled to vote may submit questions pertaining to items on the agenda prior to the Shareholders' Meeting by sending these: - via e-mail to corporate.law@pec.unicredit.eu or - via registered mail with the notice of receipt to the Company's Registered Office (with the express indication: "To the attention of Group Corporate Affairs & Transactions"), with their identification and contact details.  The entitlement of those asking questions shall be ascertained based on the notice given by the broker according to Article 43 of the Bank of Italy-Consob Resolution dated 13 August 2018, or by means of the communication pursuant to Article 83-sexies of the TUF to allow attendance at the Shareholders’ Meeting. Those interested are invited to send the Company, together with their questions, a copy of the documentation proving their entitlement.   The questions must be received no later than 3 April 2025. The questions that will result to be pertinent to the matters on the agenda, will be answered, at the latest, during the Shareholders’ Meeting as established by the rules of the law. The Company will not answer questions that do not respect the above modalities, due dates and conditions.                      Documents for the Shareholders’ Meeting The resolution proposals together with the Directors’ Reports concerning the items on the agenda will be available to the public, according to the terms provided for by the rules of law and regulations, at the Company’s Registered Office, on the website of the authorized storage mechanism “eMarket STORAGE” managed by Teleborsa S.r.l. (www.emarketstorage.it/en) as well as on the UniCredit website.   In accordance with the current law provisions, the Shareholders may obtain a copy of the documents deposited at the Registered Office at their own expense.   Information concerning the share capital and the shares with voting rights On the day this notice is published, UniCredit’s share capital, fully paid-up, amounts to EUR 21,367,680,521.48 and is divided into 1,636,976,500 shares with no nominal value. Each share gives the right to one vote.   Website and Company address Any reference made in this document to the Company or to UniCredit website is to be understood as a reference, also pursuant to the provisions of Article 125-quater of the TUF, to the following address: www.unicreditgroup.eu/agm10april2025   The address of UniCredit S.p.A.’s Registered Office is Piazza Gae Aulenti no. 3, Tower A - 20154 Milan.   ****   An excerpt of this notice will be published in the newspapers “Il Sole 24 Ore”, “Milano Finanza”, “Handelsblatt” and “Financial Times” (European editon).   Milan, 24 November 2024                                                                                                                                                                   THE CHAIRMAN OF THE BOARD OF DIRECTORS Signed by Pietro Carlo Padoan   Shareholders having the right to attend the Shareholders’ Meeting and to exercise their right to vote are kindly requested to arrive before the time scheduled for the beginning of the Meeting, bringing with them a copy of the statement requested by the relevant intermediary pursuant to sec. 83-sexies of the TUF as well as a valid personal identification document, so as to facilitate the admission procedures and ensure that the Meeting starts on time. Further information on the terms and conditions to attend Shareholders’ Meeting, which must be observed for adding items to the agenda and for asking questions prior to the Shareholders’ Meeting, can be obtained by the Shareholders by calling the TOLL-FREE NUMBER 800.307.307, available on weekdays from 8:30 to 13:00 and from 14:00 to 17:00, in addition to the reference to the current laws and indications available on the UniCredit website. For specific information on granting proxies to the Company-Designated Proxy Holder, the Shareholders may directly contact Computershare S.p.A. at the telephone number +390110923200 operating on the same days and at the same times. Shareholders who entertain an equity deposit agreement with the Bank and who can carry out transactions by means of the UniCredit S.p.A. Internet Banking system may ask for the admittance tickets for the Meeting also through such means.     Enquiries:   Media Relations: e-mail: MediaRelations@unicredit.eu Investor Relations: e-mail: InvestorRelations@unicredit.eu  

  Here below the updated UniCredit's financial calendar for 2025.  

    COMBINATION STRENGTHENS UNICREDIT’S POSITION IN ONE OF ITS CORE MARKETS AND FOR OVERALL GROUP   ENHANCES LONG TERM VALUE CREATION FOR STAKEHOLDERS OF BOTH BANKS   ACCELERATING QUALITY SUSTAINABLE GROWTH THROUGH REINFORCED REVENUE LINE, STRENGTHENED OPERATIONAL AND CAPITAL EXCELLENCE LEADING TO GREATER PROFITABILITY   COMBINED BUSINESS TO DELIVER ENHANCED SHAREHOLDER RETURNS FOLLOWING INTEGRATION AND SYNERGIES DELIVERY   COMMERZBANK DISCUSSIONS ALREADY PROLONGED DUE TO RESPECT FOR IMPENDING ELECTION AND COMMERZBANK STAKEHOLDERS; POSITION REMAINS AN IMPORTANT INVESTMENT WITH DOWNSIDE PROTECTION AND SUBSTANTIAL UPSIDE POTENTIAL