RECORD SECOND QUARTER AND FIRST HALF MARK A MILESTONE IN OUR STRATEGIC AND FINANCIAL ACCELERATION   Excellent set of results with 2Q25 net profit at €3.3 billion and first half net profit at €6.1 billion, turning a transitional year into our best year ever   Record net profit ex one-offs1 at €2.9 billion in 2Q25 and €5.7 billion in 1H25, both up 8% versus prior year RoTE improved respectively to 20.6% and 21.3%   Core revenue2 of €5.9 billion in 2Q25, up 1.3% year on year   Industry leading cost-income ratio below 36% ex one-offs1, reflecting continued focus on efficiency while investing   Gross operating profit ex one-offs1 up 2.8% in 2Q25, and up 3.9% in 1H25   Sound asset quality confirmed by stable gross NPE ratio at 2.6% and continued low cost of risk of 9 basis point in 1H25, while maintaining level of coverage and c. €1.7 billion overlays3   CET1 ratio at 16.2%, (pro-forma for Danish Compromise4) thanks to superior organic capital generation of €2.4 billion5   FY25 guidance improved across the board with net profit around €10.5 billion   FY25 distribution guidance improved to at least €9.5 billion6 - at least €4.75 billion in cash dividend. At least €30 billion6 - at least €15 billion in cash dividend - for the FY25-27 period   FY24 share buy-back of €3.6 billion to start as soon as practicable after the 2Q25 results7. Interim FY25 cash dividend of c. €2.1 billion8, up 46% year on year   Continued strong shareholder value creation with 1H25 EPS up 26%, accrued DPS up 31% and Tangible Book Value per share up 19%9 versus prior year   Clear initiatives to unlock further organic growth from 2026 are in flight   Equity consolidation of Commerzbank and Alpha Bank10 further enhance results from 2026   We continue to execute on our ESG strategy, integral part of our strategic plan     On 22 July 2025, the Board of Directors of UniCredit S.p.A. (“UniCredit” or “the Group”) approved the Consolidated First Half Financial Report as of 30 June 2025. UniCredit has once again demonstrated its strength in the second quarter with an excellent set of financial results, leading to a further improvement of financial guidance.   In 2Q25, we achieved a record net profit and Return on Tangible Equity (“RoTE”), driven by robust core revenue2 growth both on year on year and half-year on half-year basis. This success, combined with our disciplined approach to asset quality and a focus on operational and capital excellence, has enabled us to maintain strong P&L buffers.   By decisively accelerating our best-in-class organic growth plan we have not only mitigated external headwinds but have also positioned ourselves to deliver further net profit growth. As we look ahead to 2026 and beyond, we anticipate boosting revenue and net profit through the internalization of life insurance and the equity consolidation of Alpha Bank10 and Commerzbank. This strategic approach enhances our structural earnings, RoTE, and distribution trajectory, leading to upgraded guidance across key metrics.   We posted €6.0 billion of net revenues in 2Q25, or €6.4 billion up 0.5% year on year when excluding a €335 million negative impact in trading profit line, mainly due to hedging costs connected to Commerzbank equity consolidation only partially offset by trading gains on other strategic investments. Core revenue2 stood at €5.9 billion in 2Q25, up 1.3% year on year.   Net interest income (“NII”) was down 0.3% quarter on quarter at €3.5 billion, a resilient performance given the lower Euribor in the quarter, largely thanks to a disciplined management of our deposits pass-through, closing the quarter at an average of circa 31 per cent. NII was down 2.8 per cent year on year.   The Group confirmed its structurally low Cost of Risk (“CoR”) at 10 basis point in 2Q25, booking €109 million of loan loss provision (“LLPs”). The Group has a good quality credit portfolio with sound coverage levels and strong lines of defence with €1.7 billion of overlays3 on the performing portfolio.   Fees in the second quarter were down 1.0 per cent Y/Y, but up 1.1 per cent if excluding non-recurring impacts from the contracts renegotiation in payments that impacted 2Q24, securitisation costs and different timing of incentive schemes versus prior year. Fees increased 3.6 per cent half-year on half-year, the improvement was spread across most fee categories, and particularly led by investment (up 8.8 per cent half-year on half-year), insurance (up 0.9 per cent half-year on half-year), as well as client hedging fees, more than offsetting payment fees trend resulting from positive non-recurring impacts in 2Q24. The benefit of our diversification and product factories resulted in a fee base of 35 per cent11 out of total gross revenues.   In 2Q25 operational costs were €2.3 billion, an increase of 0.7 per cent both year on year and half-year on half-year due to the broader perimeter12, or down 1.4 per cent half-year on half-year on a like-for-like basis. Thanks to the proactive actions taken in the past quarters, our cost-income-ratio (“C/I”) is only slightly up half-year on half-year, due to the revenue impact from the strategic portfolio and to the broader perimeter12.   This quarter’s results were impacted by one-off items, including those linked to the equity consolidation of a 9.9% stake in Commerzbank and the full acquisition of the life insurance joint ventures. The 2Q25 trading profit of €192 million included the aforementioned €335 million negative impact (circa €220 million net of taxes) mainly due to hedging costs connected to Commerzbank equity consolidation only partially offset by trading gains on other strategic investments. Furthermore, an overall positive non-recurring result of €675 million (gross and net of taxes) was registered below the operating line, including the revaluation of our life insurance stakes (+€653 million) and the badwill stemming from the equity consolidation of a 9.9% stake in Commerzbank (+€230 million), both recorded in the profit on investments (“POI”) line for a total amount of €882 million, and a non-recurring -€207 million provision for risk and changes. Excluding the €675 million below the operating line negative one-off and the €335 million strategic portfolio impact on trading profit, net profit stood at €2.9 billion, up 8% year on year. The €882 million non-recurring gains booked in the POI line are non-distributable and have therefore been excluded from our 1H25 distribution accrual, thus, the net profit ex non distributable one-offs in 2Q25 stood at €2.5 billion.   The Group continues to excel in capital generation, achieving 82 basis points5 of organically generated capital in 2Q25, amounting to €2.4 billion, which supports the €2.5 billion shareholder distribution accrual during 2Q25, i.e. 100% of net profit excluding non-distributable one-offs13 (1H25 shareholder distribution accrual at €5.2 billion). The CET1 ratio was strong at 16.0% with RWAs at €287.7 billion, up 0.3% quarter on quarter.   The interim cash dividend, which will be defined by the UniCredit Board of Directors’ meeting which will approve the 3Q25 results, currently scheduled on 27 October 2025, after the completion of the necessary requirements, is envisaged at circa €2.1 billion – with the ex-dividend date on 24 November 2025, record date on 25 November 2025 and payment date on 26 November 2025.   FY25 net revenue guidance is upgraded to above €23.5 billion, while cost of risk guidance is confirmed to circa 15 basis points. FY25 NII guidance is improved to down mid-single percentage points digit versus FY24 and fees guidance (including net insurance result) is confirmed at up mid-single digit percentage points versus FY24. Costs guidance is improved to equal to or below €9.6 billion. This results in a FY25 net profit guidance improvement to circa €10.5 billion. FY25 RoTE guidance upgraded to circa 20% with stronger growth versus FY24 in EPS and DPS. In line with UniCredit’s commitment to shareholder value creation, our FY25 distribution guidance is raised to equal to or above €9.5 billion6, of which equal to or above €4.75 billion cash dividend.   On the back of the excellent results delivered and the strong foundation in place to structurally increase our key financial metrics, we upgraded our 2027 ambitions to a net profit equal to or above €11 billion14, RoTE above 20% and total shareholder distribution equal to or above €30 billion6 between FY25 and FY27 with continued strong EPS and DPS growth.   Following the positive FY24 results, we are progressing towards our ESG penetration targets on total business volumes for 2025: 16% on ESG Lending at 1H25 versus 15% target, 14% on sustainable bond at 1H25 versus 15% target and 52% ESG AuM stock share at 1H25 versus 50% target.   On climate transition, we continue to implement our Net Zero Transition plan on financed emissions, actively supporting our clients in their transition and monitoring the evolution of our emission baseline for the Net Zero sectors relevant to the Group.   In 2025, with an additional €30 million in funding, we brought our total financial support for the UniCredit Foundation over the past three years to €80 million, a bold statement of our commitment to our social strategy and within that to youth and education. Driven by the ambition to train over 680,000 students between 2023 and 2026. Among the initiatives launched by the UniCredit Foundation, the Edu-Fund Platform has already awarded, with the first two rounds, €9 million out of overall €14 million, to 18 education initiatives to combating educational poverty across Europe. We have also launched the first UniCredit Foundation's report “Smoothing the Path: from Compulsory to Tertiary Education in Europe”, a major academic study which sheds light on persistent educational inequalities across Europe, with young people from lower socio-economic backgrounds being significantly underrepresented in higher education due to financial constraints, limited guidance, and systemic educational tracking. Furthermore, we continue to invest in financial education and awareness initiatives, reaching c.110,000 beneficiaries in 1H25 across the Group, and to have a positive impact on our communities with c.5,600 hours dedicated to volunteering by our employees in 1H25.   UniCredit has been included, for the third year in a row in the “Europe’s Climate Leaders 2025” list and, for the 4th consecutive year in the “Europe’s Diversity Leaders 2025” by the Financial Times. We have also been awarded CEE’s Best Bank for ESG and Italy’s Best Bank for ESG at Euromoney Awards for Excellence 2025 for its commitment to empowering communities and supporting a just and fair transition across its core markets. Furthermore, UniCredit Banking Academy has been recognized as winner of the national “Volontari@Work 2024” award by the Fondazione Terzjus ETS - under the patronage of the Ministry of Labour and Social Policies and Unioncamere - for the volunteer skills model based on the collaboration between Group employees and former employees who continue to offer their time and skills to our communities. Lastly, UniCredit has once again been included in the Top 100 Globally for Gender Equality by Equileap - marking our 4th consecutive year of recognition.   The key recent events in 2Q25 and since the end of the quarter, include:   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") (press release published on 19 May 2025); 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") (press release published on 20 May 2025); Notice of early redemption UniCredit S.p.A. €1,250,000,000 Fixed to Floating Rate Callable Senior Notes due 16 June 2026 (the "Notes") Isin XS2190134184 (press release published on 22 May 2025); Press release (press release published on 23 May 2025); 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") - ERRATA CORRIGE (press release published on 23 May 2025); Moody's improved UniCredit's rating outlook to positive and affirmed rating above sovereign at Baa1 (press release published on 28 May 2025); UniCredit enters into financial instruments relating to Alpha Services and Holdings S.A. for a c. 9.7% stake, increasing its aggregate position to c. 20% (press release published on 28 May 2025); UniCredit successfully issued dual tranche Senior Preferred bonds for a total amount of EUR 2 billion (press release published on 3 June 2025); European Commission clearance pursuant to the Foreign Subsidies Regulation (press release published on 4 June 2025); UniCredit successfully issued EUR 1 billion subordinated Tier 2 12NC7 bond with a 4.175% coupon (press release published on 17 June 2025); Press release (press release published on 19 June 2025); UniCredit completes internalisation of life bancassurance in Italy (press release published on 20 June 2025); Revised date for 2Q25 and 1H25 results (press release published on 1 July 2025); Press release (press release published on 3 July 2025); UniCredit converts into shares part of its synthetic position in Commerzbank also increasing its voting rights to around 20% (press release published on 8 July 2025); Press release (press release published on 13 July 2025).     Andrea Orcel, Chief Executive Officer of UniCredit S.p.A. said:   UniCredit has achieved outstanding financial results, with a record breaking Q2 contributing to the best H1 in the bank’s history. We reported a quarterly net profit of €3.3 billion and a robust RoTE of 24.1%, with core revenues rising year-over-year to €5.9 billion. We are protected for the future as our low cost of risk, strong asset quality and unmatched overlays safeguard against potential macroeconomic downturns.   We ended the quarter with a best-in-class proforma CET1 ratio of 16.2% (pro-forma for Danish Compromise). This exceptional performance in H1 along with additional levers for further growth have enabled us to raise our guidance for 2025 and ambitions for 2027, projecting at least €30 billion in total shareholder distributions of which at least €15 billion in cash from 2025-2027. We look to the future with confidence.   Achieving these results in the current macro environment makes this an even bigger achievement for the team, of whom I am immensely proud. They continue to outperform even when it shouldn’t be possible to do so. UniCredit is now firmly in the acceleration phase of UniCredit Unlocked, which is delivering results ahead of plan as well as strengthening and protecting our bank for the future.       Please refer to the General Notes and Main Definition sections at the back of this document for information regarding the financial metrics and defined terms mentioned in this press release.   1 i.e. (i) impact on trading from strategic investments - mainly hedging costs connected to Commerzbank equity consolidation and (ii) below net operating profit one-offs in the profit on investments i.e. the revaluation of the stakes in the life insurance joint ventures and the badwill stemming from the equity consolidation of a 9.9% stake in Commerzbank, and the one-off provision for risk & charges in the other charges & provisions. 2 i.e. NII plus fees plus net insurance result plus dividends. 3 Including calibration factor. 4 Subject to regulatory assessment. 5 Based on net profit ex. non distributable one-offs in the profit on investments line: (i) revaluation of the stakes in the life Insurance joint ventures and (ii) badwill stemming from the equity consolidation of a 9.9% stake in Commerzbank.   6 Distributions subject to supervisory, board of directors and shareholder approvals, inorganic opportunities and delivery of financial ambitions. They include cash dividends at 50% of net profit excluding non-distributable one-offs (in 2Q25: (i) revaluation of the stakes in the life insurance joint ventures and (ii) badwill stemming from the equity consolidation of a 9.9 per cent stake in Commerzbank), and additional distributions, including the excess capital. 7 Subject to market conditions. 8 The interim cash dividend, envisaged at circa 45% of the total FY25 cash dividend, will be defined by the UniCredit Board of Directors’ meeting which will approve the 3Q25 results, currently scheduled on 27 October 2025, after the completion of the necessary requirements; the expected dividend dates are: ex-dividend date on 24 November 2025, record date on 25 November 2025 and payment date on 26 November 2025. 9 Including FY24 interim dividend paid in November 2024 of €0.93 and FY24 final dividend paid in February 2025 of €1.48, or +12% Y/Y without. 10 Equity consolidation of Alpha bank envisaged by 3Q25 pending necessary regulatory approvals. 11 Including dividends from Insurance JVs.   12 i.e. including Aion/Vodeno and Alpha Bank Romania majority stake acquisition and internalization of life-insurance. 13 Net profit excluding non-distributable one-offs i.e. net profit excluding €882 million non-distributable one-offs in the profit on investments line: (i) €653 million revaluation of the stakes in the life insurance joint ventures and (ii) €230 million badwill stemming from the equity consolidation of a 9.9% stake in Commerzbank. 14 Based on net profit consensus of equity consolidated stakes (considering c.29% of Commerzbank) and our expectations on consolidated perimeter.

  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR 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 OF SUCH JURISDICTION.   VOLUNTARY PUBLIC EXCHANGE OFFER LAUNCHED BY UNICREDIT S.P.A. ON ALL ORDINARY SHARES OF BANCO BPM S.P.A.   PRESS RELEASE     Milan, 22 July 2025 – With reference to the public exchange offer (“Offer”) promoted pursuant to articles 102 et seq. of the TUF on all the ordinary shares of Banco BPM S.p.A. (“BPM”), UniCredit S.p.A. (“UniCredit”, the "Offeror") communicates the following.   The Board of UniCredit announces the withdrawal of its offer for BPM as the condition relating to the golden power authorization is not satisfied. The normal offer process has been impacted by the Golden Power provision insistently advocated for by the leadership of BPM, preventing UniCredit from engaging with BPM shareholders in the way that any normal offer process would allow.   As a result, BPM leadership has deprived their shareholders of the dialogue that normally occurs during an offer period to understand the value created by the combination and determine the terms that would be acceptable to them to move forward.   While we welcome the significant progress made with each of TAR, the EU DG Comp, and the Italian Government, the time for a definitive resolution of the Golden Power stretches beyond the end of our offer and even that of CONSOB’s suspension decided today.   Therefore, to bring clarity to the situation and protect the best interests of UniCredit and our shareholders, we have taken the decision not to waive the Golden Power condition, which has not been fulfilled, and hence we have withdrawn our offer.   This is a missed opportunity not only for BPM stakeholders but also for Italy’s businesses, communities and wider economy. UniCredit remains convinced that the consolidation of the Italian banking sector would benefit both the country and Europe as a whole.   UniCredit’s primary focus remains the execution of its best-in-class transformation strategy, which is delivering results well ahead of expectations. M&A remains a tool to be utilised only if it further accelerates such strategy and enhances value creation.   Pietro-Carlo Padoan, Chairman of UniCredit, said, “The UniCredit-Banco BPM tie-would have added massive value for all concerned.  The derailed offer process and continued uncertainty has made this situation untenable. Therefore today, we have withdrawn our offer”.   Andrea Orcel, CEO of UniCredit, said, “My primary responsibility is to act in the best interests of UniCredit and our shareholders. The continued uncertainty around the application of the Golden Power prescriptions do not benefit either. We have therefote made the decision to withdraw our offer. UniCredit’s strategy is an excellent one, the execution of which has always remained our central focus. Our results are testament to that.  As such will continue to pursue our transformation with the same energy and determination that have helped us to break records, solidify our position as a leader in our industry, and – most importantly – serve as a reliable, banking partner for our clients and their communities.”   * * *   THIS PRESS RELEASE DOES NOT CONSTITUTE THE EXTENSION OF AN OFFER TO ACQUIRE, PURCHASE, SUBSCRIBE FOR, SELL OR EXCHANGE (OR THE SOLICITATION OF AN OFFER TO ACQUIRE, PURCHASE, SUBSCRIBE FOR, SELL OR EXCHANGE), ANY SECURITIES IN ANY JURISDICTION, INCLUDING THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE LAWS OF SUCH JURISDICTION AND ANY SUCH OFFER (OR SOLICITATION) MAY NOT BE EXTENDED IN ANY SUCH JURISDICTION.   The public voluntary exchange offer described in this press release (the “Offer”) will be promoted by UniCredit S.p.A. (the “Offeror” or “UniCredit”) over the totality of the ordinary shares of Banco BPM S.p.A. (“BPM”).   This press release does not constitute an offer to buy or sell BPM’s shares.   The Offer will be launched in Italy and will be made on a non-discriminatory basis and on equal terms to all shareholders of Banco BPM S.p.A. The Offer will be promoted in Italy as BPM’s shares are listed on the Euronext Milan organised and managed by Borsa Italiana S.p.A. and, except for what is indicated below, is subject to the obligations and procedural requirements provided for by Italian law.   The Offer is not being made in Canada, Japan, Australia or any other jurisdiction where to do so would constitute a violation of the laws of such jurisdiction and any such offer (or solicitation) may not be extended in any such jurisdiction (“Other Countries”). The Offer is otherwise being made (i) outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (“Regulation S”)(the “U.S. Securities Act”) and, as applicable, in accordance with law in any such other jurisdiction, or (ii) within the United States, only to “qualified institutional buyers” as defined in Rule 144A of the U.S. Securities Act (“QIBs”) in a private placement that is exempt from, or not subject to, registration under the U.S. Securities Act and that meets the requirements of Rule 144A or another available exemption from registration, in each case, in accordance with any applicable securities laws of any state of the United States.  The extension of the Offer in the United States is occurring by way of a separate private placement memorandum restricted to QIBs.   A copy of any document that the Offeror will issue in relation to the Offer, or portions thereof, is not and shall not be sent, nor in any way transmitted, or otherwise distributed, directly or indirectly, in the Other Countries.   Anyone receiving such documents shall not distribute, forward or send them (neither by postal service nor by using national or international instruments of communication or commerce) in the Other Countries.   Any tender in the Offer resulting from solicitation carried out in violation of the above restrictions will not be accepted. This press release and any other document issued by the Offeror in relation to the Offer do not constitute and are not part neither of an offer to buy or exchange, nor of a solicitation to offer to sell or exchange financial instruments in the United States or in the Other Countries. Financial instruments cannot be offered or sold in the United States unless they have been registered pursuant to the U.S. Securities Act, or are exempt from, or not subject to, registration. Financial instruments offered in the context of the transaction described in this press release will not be registered pursuant to the U.S. Securities Act. UniCredit does not intend to carry out a public offer of such financial instruments in the United States.  No financial instrument can be offered or transferred in the Other Countries without specific approval in compliance with the relevant provisions applicable in such countries or without exemption from such provisions.   This press release may only be accessed in or from the United Kingdom who are “qualified investors” within the meaning of Article 2(e) of assimilated Regulation (EU) 2017/1129 as it forms part of domestic United Kingdom law by virtue of European Union (Withdrawal) Act 2018, as amended, and who (i) have professional experience in investment matters under section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Decree”); (ii) are persons who have a high net worth and who fall within article 49(2) (a) - (d) of the Decree; or (iii) are persons to whom it may otherwise be lawfully communicated (the aforementioned persons being the “Relevant Persons”). Any investment activity to which this document refers is available only to Relevant Persons.   Financial Instruments described in this press release are made available only in the United Kingdom to Relevant Persons (and any solicitation, offer, agreement to subscribe, purchase or otherwise acquire such financial instruments will be directed exclusively at such persons). Any person who is not a Relevant Person should not act or rely on this document or any of its contents.   Tendering in the Offer by persons residing in jurisdictions other than Italy may be subject to specific obligations or restrictions imposed by applicable legal or regulatory provisions of such jurisdictions. Recipients of the Offer are solely responsible for complying with such laws and, therefore, before tendering in the Offer, they are responsible for determining whether such laws exist and are applicable by relying on their own advisors. The Offeror does not accept any liability for any violation by any person of any of the above restrictions.  

  UniCredit named Europe’s Best Bank, and Europe’s Best Bank for Small and Medium Enterprises. UniCredit named Best Bank in Italy for the fourth consecutive year. UniCredit named Best Bank in Bosnia-Herzegovina, Croatia and Romania. UniCredit named Best Bank for ESG in both Italy and CEE. The Bank received overall 15 accolades across Europe.      UniCredit has been awarded the prestigious title of Europe’s Best Bank 2025 at the Euromoney Awards for Excellence, in recognition of the outstanding results achieved by the bank in 2024 through the “UniCredit Unlocked” industrial transformation plan. The award was presented at the Euromoney Awards for Excellence ceremony in London on 17 July.   In addition to being named Europe’s Best Bank, UniCredit was honored as Europe’s Best Bank for Small and Medium Enterprises (SMEs), acknowledging our commitment to serving our extensive base of 2 million SME clients and 15 million retail clients across 13 European countries.   In total, UniCredit received 15 awards in acknowledgment of its outstanding work across Europe. These awards include Best Bank in Italy for the fourth consecutive year, Best Bank in Bosnia-Herzegovina, Best Bank in Croatia, and Best Bank in Romania, Moreover, in Austria, Bulgaria, and in Italy the bank was awarded the title of Best Bank for Corporates and Best Investment Bank in Croatia.   The bank also won recognition for its work on environmental, social and governance (ESG) issues, picking up awards for CEE’s Best Bank for ESG and Italy’s Best Bank for ESG, in line with its continued commitment to empowering its communities and supporting a just and fair transition across its core markets.   Andrea Orcel, CEO of UniCredit, commented on the awards, saying: "We are truly honored to receive this award, which highlights the remarkable achievements of our bank and the unwavering dedication of all our people to our mission of being the bank for Europe’s future. I am extremely proud that we have also been recognized as the best bank in Italy for the fourth consecutive year, which underscores our commitment and dedication to the country where we are headquartered. I want to express my heartfelt gratitude to every team member across Europe whose hard work and commitment have made these accomplishments possible."   Three years of cultural, industrial and financial transformation have elevated UniCredit to the position of the leading pan-European bank. UniCredit has consistently delivered outstanding financial results quarter after quarter, whilst setting a new benchmark for banking.   UniCredit's exceptional results in 2024, marked as the best year ever, reflect the success of its strategic plan, "UniCredit Unlocked," transforming the institution into one harmonious group with access to 15 million clients and 13 markets across Europe.   In 1Q 2025, the Group again delivered excellent results with the best quarter of profitable growth, characterized by record net profit, a strong return on tangible equity ("RoTE"), and growing capital. These excellent results across all lines not only reinforce our leadership position of today but also enable us to build for the future by leveraging our unique geographic footprint, diverse client base, and varied business segments while consistently investing to sustain superior growth and distributions.     Milan, 18 July 2025   Contacts Media Relations E mail: mediarelations@unicredit.eu

  With reference to the above mentioned Notes, issued on 22 September 2020, pursuant to Condition 10.5 “Redemption at the Option of the Issuer (Issuer Call)” of the Terms and Conditions of the Notes set forth in the Offering Memorandum dated 10 September 2020 and to Part A –Term 28 of the Final Terms dated 15 September 2020, UniCredit S.p.A. announces that, having received the Single Resolution Board authorisation, it will exercise its option to early redeem in whole the Notes on 22 September 2025 (the Optional Redemption Date).   The early redemption of the Notes will be at par, together with accrued and unpaid interest. Interest shall cease to accrue on the Optional Redemption Date.   Upon the early redemption of the Notes, the Global Receipts will be also redeemed on the Optional Redemption Date.     Milan, 17 July 2025     Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu

  Starting in Italy, the bank launches international payments with same speed, cost and simplicity as domestic, enabling retail customers to send money in a range of foreign currencies via the UniCredit mobile banking app Launch marks the next phase in UniCredit’s push to become Europe’s leading bank for payments   Milan, 15 July 2025 - UniCredit announces the launch of a new international payment service for retail customers, developed in partnership with Wise, the global technology company specialising in cross-border payments. This strategic collaboration makes UniCredit the first bank in Italy to integrate a fast, secure, and transparent solution for foreign-currency payments directly into its mobile banking app.   The new service enables international transfers from euros into several foreign currencies, with the same speed and simplicity as domestic payments. In most cases, funds are credited to the recipient within seconds,[1] with clear, competitive pricing and a streamlined user experience.   Through the service, UniCredit’s Italian customers can quickly and easily send payments to recipients in selected countries,[2] including the UK (GBP), Switzerland (CHF), Hong Kong (HKD), Singapore (SGD) and India (INR), with more currencies in development.   The initiative builds upon UniCredit’s track record of pioneering payments solutions, including the introduction of embedded FX conversion when making or receiving payments in over 120 currencies through UC PayFX, as well as advanced FX management and transaction monitoring through UC PayFX Webservice.   Raphael Barisaac, Global Head of Payments & Cash Management at UniCredit, commented: “Our mission is to transform payments into an agile, borderless experience, capable of moving with the speed and transparency of a fintech. Our customers expect simple, fast and transparent solutions at an affordable cost, even when it comes to complex transactions such as international wire transfers. This new service was created to meet exactly these needs and represents a fundamental step in this direction.”   Steve Naudé, Global Managing Director at Wise Platform stated: “This partnership marks a milestone for millions of people and businesses that rely on UniCredit for their daily banking needs. Wise and UniCredit share a clear vision and a strong consumer focus and we’re looking forward to offering an even more seamless, faster, and efficient international payments experience to UniCredit’s customers”.   Where traditional bank offerings for international payments rely on correspondent banking networks, which take time to process and can lead to unpredictable costs, the new solution draws on Wise’s on-the-ground presence and direct access to local payment systems to facilitate a significantly faster and more transparent process.   The service will be rolled out to UniCredit customers in Italy starting from 21 July 2025, with plans to extend availability to additional countries in the near future.     Contacts:  Media Relations e-mail: mediarelations@unicredit.eu Investor Relations  e-mail: InvestorRelations@unicredit.eu       [1] Transaction speed depends on individual circumstances and may not be the same for all transactions. [2] Full list available on the bank’s website: unicredit.it > Privati e Famiglie > Tutti i servizi digitali > Pagamenti Digitali > Bonifici Online